Merger & Acquisition News

PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Energy, LLC (“WhiteHawk” or the “Company”) announced today entrance into a $100.0 million acquisition finance facility (the "Acquisition Facility") with a top tier institution (“Institution”). The Company utilized an initial $20.0 million draw on the Acquisition Facility to fund an additional closing of Haynesville Shale natural gas mineral and royalty assets from Mesa Minerals Partners II, LLC located in northwestern Louisiana and eastern Texas (“Haynes...

AVON, N.Y. & NASHVILLE, Tenn.--(BUSINESS WIRE)--Iron Path Capital (“Iron Path”), a private equity firm focused on healthcare and specialty industrials, is pleased to announce its partnership with Aldon Corporation (“Aldon”), a leading private-label manufacturer and distributor to the healthcare, life science and STEM education end markets. Aldon will serve as the first investment under VION Biosciences LLC (“VION Biosciences”), Iron Path Capital’s go-forward roll-up platform in the life science...

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Worldwide Clinical Trials (“Worldwide” or the “Company”), a global, full service contract research organization (CRO) and an affiliate company of TJC, L.P. (“TJC”), announced today that an affiliate of Kohlberg & Company, LLC (“Kohlberg”), a leading private equity firm with over 35 years of experience partnering with management and companies like Worldwide, has entered into a definitive agreement to acquire the Company, in partnership with the...

NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC) (“Ambac”), a financial services holding company, today announced that it has acquired a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services business consisting of an MGA and a retail agency. Terms of the deal were not released. Riverton’s MGA, Professionals’ Best, offers professional liability insurance programs to licensed architects, engineers, construction managers, and real estate profes...

MENLO PARK, Calif.--(BUSINESS WIRE)--Leia Inc., the leading provider of 3D display hardware and content services, and the creator of the award-winning 3D•AI Lume Pad 2 tablet, announced today the acquisition of Dimenco, an innovator in the display technology space. This strategic move unites the capabilities of two leaders in the 3D market, set to accelerate mainstream adoption of immersive 3D experiences across platforms and devices. “We are living in a 3D world, and it’s inevitable that our d...

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Frontgrade Technologies (“Frontgrade”), a portfolio company of Veritas Capital (“Veritas”) and a leading independent supplier of high-reliability, advanced electronic solutions for space and national security missions, announced today the completion of its acquisition of Aethercomm, a designer and manufacturer of high-power radio frequency (RF) solid state power amplifiers as well as transmit/receive and high-power RF switches. Since its inception over...

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that its acquisition of PDC Energy, Inc. (NASDAQ: PDCE) has been completed following approval by PDC Energy shareholders. “We’re pleased to welcome PDC Energy into Chevron,” said Bruce Niemeyer, Chevron’s president for Americas Exploration & Production. “Our companies have similar cultures, with a focus on safe and reliable operations, teaming to deliver results, and benefiting the communities where we opera...

DALLAS & NEW YORK--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, and Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced that they have entered into a definitive agreement under which a wholly owned subsidiary of ARB will acquire the Company in an all cash transaction....

NEW YORK--(BUSINESS WIRE)--MarketAxess to acquire Pragma Trading to accelerate development of quantitative execution algorithms and data-driven analytics for fixed-income....

ATLANTA & NEW YORK & JACKSONVILLE, Fla.--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc. (NYSE: BKI) announced today that, amid progress toward a potential resolution, they have jointly stipulated, along with the Federal Trade Commission (FTC), to dismiss the preliminary injunction proceeding in the United States District Court seeking to block the close of ICE’s previously announced acquisition of Black Knight. The joint stipulation dismisses the federal cou...