Merger & Acquisition News

LONDON--(BUSINESS WIRE)--Pinnacle Pet Group (“PPG”), a leading pan-European pet insurance provider with JAB Holding Company as controlling shareholder, today announced it will acquire HD Assurances, a leading animal health insurance broker, selling its insurance products under the brand Assur O’Poil in France, Belgium, and Italy. Founded by entrepreneur Hubert Derai in 1990 as a Managing General Agent (“MGA”), HD Assurances provides pet insurance products to more than 120,000 customers. With PP...

AMSTERDAM--(BUSINESS WIRE)--European management and technology consultancy BearingPoint announced it has acquired London-based specialist Salesforce consulting company, Smplicity. As a registered Salesforce Partner, Smplicity offers clients a range of services to help deliver strategic and business improvement projects through the use of the Salesforce platform. With the transaction, a team of highly skilled experts will join BearingPoint, bringing with them extensive experience across diverse...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Peter/PetraMD, the largest online provider of hormone therapy for men and women in the United States, today announced the intent to acquire Ketamine Wellness Centers. If successful, the acquisition would represent an incredible on-ramp into the ketamine space for Peter/PetraMD. With over 20 years of experience and nearly 100,000 patients across the United States, Ketamine Wellness Centers is the largest ketamine infusion therapy provider in the US a...

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park, a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents CareTrust’s entry into the Kansas market. The acquisition of the Burleson facility will be a “tack-on” to CareTrust’s existing lease with Aus...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Buck, a portfolio company of H.I.G. Capital (“H.I.G.”), on its sale to Arthur J. Gallagher & Co. (NYSE: AJG; “Gallagher”). Buck is a trusted HR, pensions, and employee benefits related consulting, administration services, and technology firm. The transaction was led by Derek Lewis, Bryce Walker, Maury Nolen and Michael Tuohey of the Harris Williams Busine...

HOUSTON--(BUSINESS WIRE)--USD Partners LP Announces Closing of Casper Terminal Sale...

NEW YORK--(BUSINESS WIRE)--Two Nuveen Closed-End Funds announced pre-merger distributions. The specific distribution dates and amounts are detailed below. As previously announced, shareholders of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) and Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG), and preferred shareholders of Nuveen Municipal Credit Income Fund (NYSE: NZF), have approved a proposal to merge the funds. The mergers will combine each of NUO and NKG into NZF. The pre-...

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Dixie Temporary Storage, a regional provider of portable storage solutions in the South Carolina market. The transaction was funded with borrowings from McGrath’s revolving credit facility. The acquisition adds approximately 800 assets and a new branch location for McGrath’s portable storag...

KISSIMMEE, Fla.--(BUSINESS WIRE)--New NSI Holdings, Inc. (“Nursery Supplies, Inc.”, “NSI”, or the “Company”), a vertically-integrated provider of sustainable horticulture packaging solutions, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and IT services sectors in North America. Headquartered in Kissimmee, Florida, Nursery Supplies, Inc. is a recycler a...

LOS ANGELES--(BUSINESS WIRE)--Architect Equity (“Architect”), a private equity firm focused on the lower middle market, is pleased to announce the sale of Solution Net Systems (“SNS”), a leading global supplier of industrial automation solutions, to Alstef Group, a leading provider of automated turnkey solutions for airport, intralogistics and parcel markets. Architect acquired a majority interest in SNS from Datalogic, a listed Italian Group leader in the automation industry, as a carve-out ac...