Merger & Acquisition News

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed a joint venture investment to acquire La Fuente Post Acute, a 187-bed skilled nursing facility located in Vista, California. Once regulatory approval is obtained, the facility will be operated by Bayshire Senior Communities (a current tenant of CareTrust) pursuant to a new 15-year lease with the joint venture landlord. To acquire the facility, CareTrust and a third-party regional health...

LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced today that it is in receipt of a non-binding indication of interest from Just Develop It Limited (“Just Develop It”) regarding the possible acquisition of Total Security Limited (“Total Security”). The offer consists of $240 million in cash, the assumption of certain potential earnout payments in respect of Total Security and the delivery of app...

WEST COLUMBIA, S.C.--(BUSINESS WIRE)--MBP Group (“MBP”), a portfolio company of Validor Capital, and best-in-class specialty building products and services company for the residential new construction and repair and remodel markets is pleased to announce it has acquired Summit Stairs and Millwork, significantly expanding its building products line. Summit Stairs and Millwork (“Summit”), based in Canton, GA, is a leader in high quality interior stair products, stair components and exterior colum...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Zeitview today takes the lead in advanced aerial inspections for energy and infrastructure by acquiring Heliolytics, which specializes in photovoltaic (PV) system performance via aerial inspection and integrated analytics. The acquisition of this former division of NovaSource Power Services enables the combining of Heliolytics' data insights with Zeitview’s expertise in aerial inspection technologies. The majority of Heliolytics staff will join Zeitview, a...

PITTSBURGH--(BUSINESS WIRE)--Greycourt & Co., Inc., investment advisor to US and Canadian ultra-high net worth families and family offices, is pleased to announce that it is acquiring Nashville, TN based Family Capital Strategy (FCS), a well-established consultant to ultra-high net worth families. As founder and CEO of FCS, David Wells will join Greycourt as a managing director and serve as a senior client advisor to existing and future Greycourt clients. David will join Greycourt’s managem...

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications. Autonomous mobile robots (AMRs) are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the...

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Bolt-On Asset Acquisition in Giddings...

JERSEY CITY, N.J. and DOWNEY, Calif.--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Prime Paper & Packaging (“Prime” or the “Company”). The transaction represents the 71st acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. Owned an...

MONTEREY, Calif.--(BUSINESS WIRE)--Modern Wealth Management successfully completes fourth acquisition since launching in April...

DALLAS--(BUSINESS WIRE)--The first half of the calendar year (2023) has been an active period for private investor Behringer and its partners. The Dallas-based investment platform formed in 1989 has transitioned its adviser role with the publicly-traded, NYSE-listed Vertical Capital Income Fund to Carlyle Global Credit Investment Management L.L.C. Also, in conjunction with Orangestar, Behringer acquired 4880 Alpha Road, an office/showroom/industrial property, furthering the previously announced...