Merger & Acquisition News

TORONTO & MONTREAL--(BUSINESS WIRE)--CI Financial agrees to acquire Coriel Capital, a Montreal-based wealth management firm serving ultra-high-net-worth families....

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group consisting of Versace, Jimmy Choo, and Michael Kors, today announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction Capri Holdings shareholders will receive $57.00 per share in ca...

DENVER--(BUSINESS WIRE)--Royal Gold Provides Update on Potential Acquisition of Royalties on the Serrote and Santa Rita Mines...

FORT MYERS, Fla.--(BUSINESS WIRE)--Convergint, a global leader in service-based systems integration, today announced plans to acquire Peace of Mind Technology (POMT), a leading, Sydney-based provider of audio-visual, workspace and communications technology solutions. This acquisition marks Convergint’s entry into the audio-visual (AV) market in Australia, greatly expanding the company’s vertical expertise and key service capabilities in Australia. Founded in 1996, POMT provides innovative audio...

SAN FRANCISCO--(BUSINESS WIRE)--TYLin, a global infrastructure firm, acquires Architectural Engineers Collaborative (AEC), a structural engineering firm based in Austin, Texas....

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Heritage-Crystal Clean, Inc. (Nasdaq: HCCI), a leading provider of parts cleaning, hazardous and non-hazardous waste services, used oil re-refining, antifreeze recycling, industrial and field services, and emergency and spill response services today announced results for the second quarter which ended June 30, 2023. Second Quarter Review Beginning with our 2023 fiscal year, we changed our financial reporting cycle to a calendar year-end and end-of-month q...

PITTSBURGH & FLAGSTAFF, Ariz.--(BUSINESS WIRE)--Carmell Corporation (Nasdaq: CTCX) (“Carmell”), a regenerative care company today announced the successful closing of the previously announced merger with Flagstaff-based Axolotl Biologix, a profitable regenerative medicine company developing products for active soft tissue repair, aesthetics and orthopedic indications (“Axolotl”). As previously indicated, the initial merger consideration consists of $8 million in cash and $57 million in CTCX comm...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Entrepreneur and philanthropist Dan Fleyshman has acquired an equity stake in the highly successful live events business ASPIRE Tour. Fleyshman alongside Elevator Studio’s CEO Joey Carson will run the “Collective Influence” in collaboration with ASPIRE founders and business visionaries Andrew Cordle and Eddie Wilson. ASPIRE Tour has an impressive track record and boasts an incredible lineup of powerhouse speakers, making it an irresistible opportunity for as...

NEW YORK--(BUSINESS WIRE)--Corvid Peak Capital Management LLC (“Corvid Peak”), a subsidiary of Tiptree Inc. (NASDAQ: TIPT) (“Tiptree” or the “Company”) announced today that it has reached an agreement in principle for the Coherence Capital Management (“Coherence”) team of Lazard Asset Management to join Corvid Peak. Coherence manages a liquid long/short credit hedge fund strategy with approximately $150 million of assets under management, including the Coherence Long/Short Credit fund, which wa...

NEW YORK--(BUSINESS WIRE)--Terra Property Trust, Inc. (“TPT” or “we”) today issued the below statement regarding its terminated merger agreement with Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”). Vik Uppal, Chairman & CEO of TPT and Mavik Capital Management, L.P., commented: "We are disappointed that we could not come to an agreement with WMC’s Board of Directors to merge. Our innovative proposal provided superior value to WMC stockholders in every regard, including higher...