Merger & Acquisition News

MOUNT KISCO, N.Y. & NEW YORK--(BUSINESS WIRE)--Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or "the Company"), a leading professional employer organization (“PEO”) providing HR outsourcing solutions to small and mid-sized businesses across the U.S., providing a critical competitive advantage. As part of this transaction, Kohlberg will acquire a majority stake and partner with existing investor Lightyear Capital LLC (“Lightyear”), and...

TORONTO--(BUSINESS WIRE)--Playmaker Capital Inc. Acquires Quebec Sports Media & Entertainment Group La Poche Bleue...

FORT MYERS, Fla.--(BUSINESS WIRE)--Juniper Landscaping (“Juniper”) announced today it has acquired Flawless Lawncare & Landscaping (“Flawless"), expanding Juniper’s footprint on the east coast of Florida. The addition of Flawless brings Juniper to 25 branch locations throughout Florida. Flawless has been serving Brevard County since 2005, providing landscape maintenance services to HOA’s and commercial properties. Juniper is a portfolio company of Bregal Partners. “Partnering with Flawless...

HOUSTON--(BUSINESS WIRE)--Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of The Sterling Group’s (“Sterling”) formation of Compost360, a new platform focused on building a leading processor of organic waste material and producer of high quality, sustainable landscaping products. Sterling is partnering with two industry executives, Steve Carn and Randy Arnold, who will serve as CEO and COO of t...

LONDON--(BUSINESS WIRE)--Sandbrook Capital (“Sandbrook”), a private investment firm dedicated to building businesses crucial to transforming the world’s energy infrastructure, alongside co-investors Public Sector Pension Investment Board (“PSP Investments”) and the Investment Management Corporation of Ontario (“IMCO”), today announce they have signed an agreement to acquire NeXtWind Capital Ltd (“NeXtWind”), a German renewable energy company specializing in acquiring and repowering onshore wind...

FRANKFURT, Germany--(BUSINESS WIRE)--Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, has entered into an agreement to acquire the grocery-anchored retail property portfolio of x+bricks Group (“x+bricks”). The transaction will be executed in two tranches, subject to certain closing conditions and regulatory approvals. Both tranches of the transaction are collectively valued at over EUR 1 billion and comprise 188 properties. The parties have decid...

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $73 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), today announced that they have entered into a definitive merger agreement, pursuant to which MITT will acquire WMC in a fixed exchange ratio stock/ca...

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $73 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), today announced that they have entered into a definitive merger agreement, pursuant to which MITT will acquire WMC in a fixed exchange ratio stock/ca...

NEW YORK--(BUSINESS WIRE)--FG Merger Corp. (Nasdaq: FGMC), a special purpose acquisition company (“FGMC”), today announced that it will adjourn FGMC’s special meeting of shareholders (the “Special Meeting”) scheduled to be held on August 11, 2023 at 10:00 am Eastern Time. The Special Meeting will be adjourned to August 18, 2023 at 10:00 a.m. Eastern Time. As previously announced, the Special Meeting will occur virtually via live webcast at https://www.cstproxy.com/fgmerger/2023. The Special Mee...

NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that private credit funds and accounts managed by KKR have purchased a $373 million portfolio of prime auto loans from Synovus Bank. This investment aligns with KKR’s asset-based finance (ABF) strategy, which focuses on privately originated and negotiated credit investments that are backed by large and diversified pools of financial and hard assets, with attractive risk-adjusted returns. KKR has made 65 ABF invest...