Merger & Acquisition News

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation announced today the completion of its acquisition of Steelcase Inc....

SINGAPORE--(BUSINESS WIRE)--Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, today announced that its wholly owned holding subsidiary, Vantage (BVI) Corporation, has entered into three separate Sales and Purchase Agreements (“SPAs”) to acquire 100% of the issued share capital of PJ Marine Singapore Pte. Ltd. (“PJ Singapore”), 60% of the issued sh...

LOS ANGELES--(BUSINESS WIRE)--Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has entered into a definitive agreement to acquire Safran Passenger Innovations (“SPI” or the “Company”) from Safran, an international high-tech company operating in the aviation, defense, and space markets. SPI is a leading global provider of in-flight entertainment and connectivity solutions for airlines and airplane manufacturers worldwide. Matt Smith will contin...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--AIR Strengthens Global Footprint with Acquisition of Leading German Hookah Brand NameLess...

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced that it has entered into an agreement to acquire CertaSite, an inspection-first provider of comprehensive fire and life safety services in the Midwest region. The transaction is expected to be financed with cash on hand and to close in the first quarter of 2026, subject to customary closing conditions, including receipt of required regulatory approvals. The acquisition will complemen...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Trecora has acquired the assets of Deltech Monomers OpCo LLC, located in Baton Rouge, Louisiana. The acquired facility is North America’s leading producer of divinyl benzene, vinyl toluene, and various other specialty monomers and will be part of Trecora’s Specialty Chemicals business headquartered in The Woodlands, TX. Trecora, a portfolio company of Balmoral Funds, is North America's leading producer of high purity hydrocarbons, specialty waxes and addit...

NEW YORK--(BUSINESS WIRE)--Argo Infrastructure Partners, LP (“Argo”), an established mid-market asset manager of essential infrastructure assets in North America, today announced it has acquired on behalf of its managed funds the equity interests of the majority of minority shareholders in TierPoint. The transaction reflects Argo’s continued conviction in TierPoint’s strategy and growth potential during a period of accelerating demand for TierPoint’s enterprise-class data center services. Since...

TORONTO--(BUSINESS WIRE)--dentalcorp Holdings Ltd. (“Dentalcorp” or the “Company”) (TSX: DNTL) announced today that the Company has obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement whereby a newly formed acquisition vehicle controlled by GTCR LLC (“GTCR”) will acquire all of Dentalcorp’s issued and outstanding subordinate voting shares and multiple voting shares (collectively, the “Shares”) (other than certain Shares owned...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (“Mechanics”) (NASDAQ: MCHB) announced today that its subsidiary Mechanics Bank has entered into a definitive agreement to sell its Fannie Mae Delegated Underwriting and Servicing (“DUS”) business line (“DUS Business”) to Fifth Third Bancorp (“Fifth Third”) (NASDAQ: FITB) in an all-cash transaction. Completion of the transaction is subject to Fannie Mae’s approval of Fifth Third as an authorized DUS lender. The DUS Business comprises a sp...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) today announced a strategic acquisition that will enhance its ability to finance multifamily housing across the United States. The Bank has entered into a definitive agreement to acquire Mechanics Bank’s Delegated Underwriting and Servicing (DUS) business line, which includes its experienced team and a $1.8 billion unpaid principal balance servicing portfolio. “This acquisition strengthens Fifth Third’s leadership in commercial rea...