Merger & Acquisition News

MILL VALLEY, Calif.--(BUSINESS WIRE)--FCPT Announces Acquisition of a Bojangles’ Property for $1.4 Million...

SEATTLE--(BUSINESS WIRE)--Carrix, a leading marine terminal operator in the U.S. and the Americas, announced today that it has agreed to purchase Ceres Terminals (“Ceres”) from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed. Ceres was established over 60 years ago and now operates in 18 locations throughout North America, including California, Houston, Montreal, Vancouver, B.C. and throughout the U.S. At...

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced today that it is implementing additional cost reductions, including a workforce reduction, to further position the Company for long-term success. Ouster is on track to achieve previously disclosed annualized merger related cost synergies of at least $80 million to $85 m...

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today the closing of the second of two tranches of the non-brokered private placement of Series 1 Preferred Shares (the “Private Placement”) previously announced on June 1, 2023 and the subsequent completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the “Arrangement”) involving t...

ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL), the largest pureplay adhesives provider in the world, announced today that it has completed two strategic acquisitions that will accelerate transformation of the company’s portfolio toward more highly specified applications and enhance diversification of H.B. Fuller’s Construction Adhesives (CA) business. The company has acquired Adhezion Biomedical, a privately held U.S. medical adhesives business with customers in 40 countries...

MILL VALLEY, Calif.--(BUSINESS WIRE)--FCPT Announces Acquisition of Three Mo’Bettahs Properties for $6.6 Million...

NEW YORK--(BUSINESS WIRE)--Applied Value Group, an Investment, Management Consulting and Social Impact group, is excited to announce its acquisition of ES Solar, Utah's largest residential and commercial solar and battery installer. With operations in Utah, Idaho and Wyoming, ES Solar has cemented itself as a market leader and boasts a unique specialization in energy storage, with over 90% of installs featuring a battery. With its focus on cutting-edge technologies, premier partnerships, and ex...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Partners (“Comvest”), an operationally focused middle-market private investment firm, is pleased to announce that its private equity platform investment GAI Consultants, Inc. (“GAI”), a preeminent planning, engineering, and environmental consulting firm with locations throughout the United States, has acquired Eland Engineering, LLC (“Eland”, or the “Company”), a Fort Lauderdale-based regional provider of engineering consulting and field maintenan...

TOLOCHENAZ, Switzerland & MINNEAPOLIS--(BUSINESS WIRE)--Lunaphore Technologies SA, a Swiss life sciences company developing technology to enable spatial biology in every laboratory, today announced it has reached an agreement to be acquired by Bio-Techne Corporation (NASDAQ:TECH), a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. The acquisition is anticipated to close in Q3. Founded in 2014 and headquartered i...

ORLANDO, Fla. & BOCA RATON, Fla.--(BUSINESS WIRE)--Abacus Settlements, LLC (d/b/a Abacus Life) and Longevity Market Assets, LLC (together “Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, will participate in a virtual fireside chat with The Palm Beach Hedge Fund Association and IPO Edge Friday, June 23, 2023 at 9:00am ET. The live event will feature Abacus President and CEO, Ja...