Merger & Acquisition News

STANHOPE, N.J.--(BUSINESS WIRE)--Funds advised by SK Capital Partners, LP (“SK Capital”), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, have acquired Isolatek International (“Isolatek” or the “Company”). Isolatek is a market leading manufacturer and supplier of passive fireproofing technologies. The terms of the deal were not disclosed. Headquartered in Stanhope, New Jersey and with more than 100 years of history, Isolatek is recognized as...

PERTH, Australia--(BUSINESS WIRE)--Accenture has acquired ATI Solutions Group (ATI), a Perth-based consulting service provider to the mining, energy and rail industries....

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Interior 2000 Products, LLC (“Interior 2000”). Established in 1999, Interior 2000 installs shower, shelving, and mirror products, as well as fireplaces into new and existing residential and commercial construction projects throughout the greater Richmond, Virginia market. On Au...

LARKSPUR, Calif.--(BUSINESS WIRE)--As previously announced, on July 16, 2023, MediPacific Sub, Inc. (“Purchaser”) and MediPacific, Inc. (“Parent”), affiliates of Foresite Capital, entered into a definitive agreement and plan of merger (the “Merger Agreement”) with Pardes Biosciences, Inc. (Nasdaq: PRDS) (“Pardes”) whereby Purchaser agreed to acquire, subject to the terms of the Merger Agreement, Pardes for a price per share in cash, plus a non-tradeable contingent value right (the “CVR”) associ...

TORONTO & LONDON--(BUSINESS WIRE)--Cybin Inc. (NYSE American:CYBN) (NEO:CYBN) (“Cybin”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, and Small Pharma Inc. (TSXV:DMT) (OTCQB:DMTTF) (“Small Pharma”), a U.K.-based biotechnology company focused on short-duration psychedelic therapies for mental health conditions, today announced that they have entered into a definitive arrangement agr...

CINCINNATI--(BUSINESS WIRE)--Mobile Infrastructure Corporation (NYSE American: BEEP), one of the largest institutional-quality, mobility-focused parking asset owners in the U.S., and Fifth Wall Acquisition Corp. III, a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Fifth Wall, the largest venture capital firm focused on technology for the built world, announced the completion of its business combination. The transaction valued the equity of Mobile at $15.00 per share...

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Timothy’s Center for Gardening (“Timothy’s”), a wholesale distributor of hardscapes, nursery products, and bulk materials with one location in Robbinsville, New Jersey. “For generations, New Jersey and Philadelphia-area customers have relied on Timothy’s for hardscapes and plant materials. With their extensive experience and reputation for excellent customer servi...

VANCOUVER, Wash. & DENVER--(BUSINESS WIRE)--360Pack, one of the fastest-growing privately held packaging distribution companies in North America, is pleased to announce that it has completed the acquisition of Team Packaging Inc. (“Team” or “Team Packaging”), a Colorado-based privately held custom packaging solutions provider. Terms of the transaction were not disclosed. Backed by Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap invest...

ATLANTA--(BUSINESS WIRE)--Bakelite Synthetics announced today that it has entered into a definitive agreement to purchase and acquire LRBG Chemicals, Inc., a Canadian resin manufacturer and developer, with facilities in Longueuil (Montreal) Quebec. With the completion of this acquisition, Bakelite Synthetics adds to its strong portfolio of products and customers, as well as builds on its growth strategy of sustainably delivering innovative solutions to customers. LRBG Chemicals manufactures hig...

HOUSTON--(BUSINESS WIRE)--Tivoli Midstream LLC, (“Tivoli”) today announced the closing of an acquisition of a crude oil pipeline system in Northern Texas (“NTX”) from affiliates of Phillips 66 Company (PSX). The acquisition will be made through Tivoli Services LLC, a subsidiary of Tivoli. NTX consists of approximately 140 miles of crude oil gathering and transportation pipelines and storage capacity in the Barnett Shale area of Northern Texas. The system, which extends through portions of Young...