Merger & Acquisition News

PHOENIX--(BUSINESS WIRE)--Quantum Energy Inc. (OTC: QREE), (“Quantum”), a developer of transformative photonic energy systems for the direct generation and distribution of electrical energy owned by and for use of the consumer, today announced it has executed a letter of intent with FlooidCX Corporation (OTC: FLCX), (“FLCX”) to merge the two companies. William Hinz, chairman of Quantum, stated: “The combined company’s goal is to change the face of energy delivery. A merger was the logical next...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced the acquisition of Isolere Bio, Inc. (Isolere), an early-stage biotechnology company that develops novel and proprietary IsoTag™ reagents and accompanying filtration processes used for the purification and streamlined manufacturing of biopharmaceuticals. Aimed initially at the purification of viral vectors used for cell and gene therapi...

NEW YORK & SALEM, N.H. & ORLANDO, Fla.--(BUSINESS WIRE)--CTM Group Inc. ("CTM"), a leading global provider of managed entertainment and souvenir solutions for tourist destinations and other high-traffic venues, today announced it has entered into an agreement to acquire ScooterBug Best Lockers, a leading provider of mobility and locker solutions across leisure and entertainment sites and major tourist destinations. Financial terms of the transaction were not disclosed. The transaction is expect...

BOSTON--(BUSINESS WIRE)--One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, today announced that it has acquired Executive Benefits Group. Terms of the deal were not disclosed. Executive Benefits Group (EBG) is based in Charlotte, NC and offers a comprehensive suite of executive benefit solutions including corporate supplemental disability income protection programs. The firm’s boutique service model is designed for sophisticated, highly compensated executives,...

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of operational assets of Finance of America Commercial, a division of an FOA subsidiary that offers residential real estate investment loans, to Roc Capital Holdings LLC (“Roc360”), a vertically-in...

ALPHARETTA, Ga.--(BUSINESS WIRE)--O2 Investment Partners is pleased to announce that Flip Electronics has acquired Resurgent Semiconductor....

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--News release - Hecla Confirms Letter of Intent to Acquire ATAC Resources...

DALLAS--(BUSINESS WIRE)--Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a 185,475-square-foot industrial property in Little Rock, Arkansas. The asset, 6001 Lindsey Road, is a Class-A warehouse/distribution facility with an excellent location in a growing institutionally recognized submarket. This transaction was made for an undisclosed amount through an off-m...

OMAHA, Neb. & AUSTIN, Texas--(BUSINESS WIRE)--Mutual of Omaha Mortgage has announced the strategic acquisition of the assets of Keller Mortgage LLC, a member of the Keller Williams (KW) family of companies, the world’s largest real estate franchise by agent count, the companies announced. Mutual of Omaha Mortgage, a subsidiary of Fortune 400 insurance and financial services company Mutual of Omaha, will operate Keller Mortgage, alongside its existing forward and reverse mortgage divisions, said...

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it entered into a share transfer agreement on February 16 to wholly acquire Scibreak AB, a Swedish-based company that develops direct current circuit breakers (DCCBs). The two firms aim to strengthen the competitiveness of their unified business by working closely on developing DCCB technologies for high-voltage direct current (HVDC) systems to support the increasing global deployment of renewable energy....