Merger & Acquisition News
Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.
May 31, 2023 at 7:30 AM
Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO]. The Power Group of Companies including Great-West and IGM Financial (“IGM”) [TSX:IGM] are leaders in the global insurance, retirement,...
May 31, 2023 at 7:15 AM
Columbus McKinnon Closes Acquisition of montratec® GmbH
BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Closes Acquisition of montratec® GmbH...
May 30, 2023 at 10:26 PM
Bring IT Establishes a Presence in Brazil
SÃO PAULO--(BUSINESS WIRE)--Bring IT, an Oracle NetSuite Alliance Partner, acquires two Brazil companies to secure a global presence and support a growing customer demand....
May 30, 2023 at 5:40 PM
MEI Pharma Confirms Receipt of Unsolicited Acquisition Proposal
SAN DIEGO--(BUSINESS WIRE)--MEI Pharma, Inc. (NASDAQ: MEIP) (the “Company”) today confirmed receipt of an unsolicited and non-binding proposal on May 23, 2023 from a group represented by Anson Advisors Inc. and Cable Car Capital LLC, as referenced in their 13-D filing of earlier today, to acquire all outstanding shares of MEI for not less than $8.00 in cash per share, plus a contingent value right representing the right to receive 80% of the net proceeds payable from any license or disposition...
May 30, 2023 at 4:15 PM
Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc.
ROCHESTER, N.Y.--(BUSINESS WIRE)--Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc....
May 30, 2023 at 4:05 PM
Broadmark Realty Capital Stockholders Approve Merger With Ready Capital Corporation
SEATTLE--(BUSINESS WIRE)--Broadmark Realty Capital Inc. (NYSE: BRMK) (“Broadmark” or the “Company”), announced that at the special meeting of stockholders held today, conducted by means of a virtual meeting held live over the internet, its stockholders approved the transactions under the terms of the previously announced merger agreement with Ready Capital Corporation (“Ready Capital”). Pursuant to the merger agreement, Ready Capital will acquire Broadmark through Broadmark’s merger with and in...
May 30, 2023 at 3:22 PM
Seagen Stockholders Approve Acquisition by Pfizer
BOTHELL, Wash.--(BUSINESS WIRE)--Following a special meeting of its stockholders, Seagen Inc. (Nasdaq: SGEN) today announced that its stockholders voted to approve a proposal to adopt the previously announced merger agreement under which Pfizer will acquire Seagen for $229 per share in cash. More than 99% of the shares voted at the meeting, representing approximately 88% of the shares of Seagen common stock issued and outstanding as of the record date for the special meeting, were voted in favo...
May 30, 2023 at 3:19 PM
Navitor, Inc., Acquires Assets of Printco Incorporated, Expanding Wilmer’s Dealership Base
NORTH MANKATO, Minn.--(BUSINESS WIRE)--Wilmer, a Navitor, Inc., company, has reached an agreement to acquire certain assets of Printco Incorporated. Headquartered in Omro, Wisc., Printco is a wholesale trade printer known for medical prescription forms, business forms, envelopes, mailers and other printed materials. “We’re excited to welcome Printco’s many loyal distributors to the Wilmer family,” says Joel Wynne, sales and marketing director for Wilmer. “Printco’s product line overlaps perfect...
May 30, 2023 at 11:30 AM
OfficeSpace Software acquires visitor management platform Greetly to provide new insights about hybrid office use.
ATLANTA & DENVER--(BUSINESS WIRE)--OfficeSpace Software (“OfficeSpace”), part of Vista Equity Partners’ Endeavor Fund, announced it acquired Greetly, the world’s most customizable visitor management system. Greetly’s digital receptionist allows hybrid workplace teams to securely check in visitors, packages, and deliveries on mobile and instantly alert employees on-site. Greetly’s visitor management solution provides new data insights to IT, Real Estate, Facilities Management, and Human Resource...
May 30, 2023 at 11:00 AM
Vector Capital to Acquire Riverbed Technology
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has agreed to acquire Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global corporations. Riverbed’s existing lenders will continue to support the Company by providing it with a n...
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