Merger & Acquisition News

ASHEVILLE, N.C.--(BUSINESS WIRE)--Big Path Capital, a leading investment bank for mission-driven companies, was the sole advisor to Green Sprouts in their recent sale to O2C Brands. Founded over 40 years ago by Becky Cannon, Green Sprouts has been a pioneer in sustainable, innovative baby products. Big Path Capital, a certified B Corporation since 2008, has worked with more impact companies and funds than any other investment bank in the sector. “Creating a lasting impact on the world is what d...

SANTIAGO, Chile--(BUSINESS WIRE)--As part of its growth strategy, Parque Arauco S.A. (PARAUCO.SN), through its subsidiary Parque Arauco Colombia SAS ("PACSAS"), announced the agreement for the acquisition of 51% of the fiduciary rights of an investment vehicle that owns approximately 19,000 m2 of Gross Leasable Area (GLA) of the Titán Plaza Shopping and Business Center in Bogotá, Colombia. According to the information provided, the Real Estate Collective Investment Fund Visum Rentas Inmobiliari...

SYDNEY--(BUSINESS WIRE)--Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, today announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed. AVC is an established food and beverage hospitality business that owns and operates a portfolio of more than 210 unique pubs, bars and restaurants in metro, suburban and regional...

TORONTO--(BUSINESS WIRE)--Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that the required regulatory approvals under the Bank Act (Canada) and Trust and Loan Companies Act (Canada) have been granted by the Federal Minister of Finance in respect of the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”) (such acquisition, the “Arrangement”) and that the Arrangement is expected to be completed on August...

HAMILTON, Bermuda--(BUSINESS WIRE)--August 24, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") announced that its shareholders have voted to approve the acquisition of the Company by Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”) at a special general meeting of shareholders held earlier today. “This...

SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Company Limited (“Dazheng Group”) announces today that the consortium reaffirmed its non-binding indicative all-cash offer of US$25 per share, or approximately US$1.55 Billion, to acquire Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys”). The consortium reaffirmed its offer in a new le...

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today announced the acquisition of Stonebridge at Potomac Town Center, a 96%-occupied, 504,000-square-foot, grocery-anchored lifestyle center in Woodbridge, Virginia, for $172.5 million. The center, which has an estimated population of over 230,000 people and an average household income o...

WESTPORT, Conn.--(BUSINESS WIRE)--Together with its partners, Targeted Real Estate Equities LLC (“Targeted”) have closed on the sale of 191 Post Road West, a 31,500+ square foot office building in Westport, CT. “We were able to execute our strategy earlier than expected thanks to an expansion by Connecticut Childrens Medical Center (“CCMC”) into the remainder of the Property. They will now occupy the entire building on a long-term lease,” said Daniel Steinberg, Managing Director. CCMC is using...

NEW YORK--(BUSINESS WIRE)--PAI Partners (“PAI”), a pre-eminent private equity firm, today announces that it has agreed to acquire Alphia, Inc. (“Alphia”), one of the largest pet food co-manufacturers in North America, from J.H. Whitney Capital Partners (“J.H. Whitney”). Terms of the transaction were not disclosed. Headquartered in Denver, Alphia is a leading national manufacturer of pet food in the U.S., manufacturing more than one billion pounds of dry pet food and treats annually on behalf of...

SAN MATEO, Calif.--(BUSINESS WIRE)--Sony Interactive Entertainment to Acquire Audeze, a Leader in Audio Technology and Developer of Award-winning Headphones for Gaming...