Merger & Acquisition News

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dynasty Financial Partners Plans to Acquire Tru-Clarity, a Wealth Management Consulting Firm That Supports Financial Advisor Independence...

LEWISVILLE, Texas--(BUSINESS WIRE)--MCS (or the “Company”), the national property services Company founded in 1986, announced today it has acquired industry-leading commercial facilities services firm Chain Store Maintenance (“CSM”). MCS’s interior commercial facility services platform will be marketed as Chain Store Maintenance - an MCS Company, offering the core interior maintenance services that CSM is known for. Exterior facility services will continue to be marketed under MCS. In addition...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sesen Bio, Inc. (Nasdaq: SESN) today announced that members of its management team will host a fireside chat with members of the Carisma Therapeutics Inc. (“Carisma”) management team on Tuesday, February 21, 2023, at 8:00 am ET. The discussion will cover Sesen Bio’s pending merger with Carisma, as well as Carisma’s corporate strategy and clinical programs. Sesen Bio stockholders can submit questions in advance to ir@sesenbio.com. The webcast, which can be acce...

WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA), the nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, today announced that it has entered into a merger agreement with BP p.l.c. (NYSE: BP), pursuant to which BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash. The sale price represents an 84% premium to the average trading price of the 30 days ended February 15, 2023 of...

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that it has reached a definitive agreement to acquire Maxim Group LLC and its registered investment advisory affiliate Maxim Financial Advisors LLC (together “Maxim Group”), for a combination of cash and common stock. Including deferred payments and retention bonuses, the total consideration for the acquisition will be approximately $400 mil...

REDMOND, Wash.--(BUSINESS WIRE)--Zetron, a mission critical communications company, acquires GeoConex, a developer of Public Safety and Homeland Security communications systems....

SNOQUALMIE, Wash.--(BUSINESS WIRE)--Spacelabs Healthcare today announced that it has acquired predictive analytics company PeraHealth. Founded in 2010, PeraHealth develops predictive enterprise software based on the Rothman Index, a score to quantify patient acuity. PeraHealth’s solutions alert clinicians to patient deterioration, helping to reduce in-hospital mortality, unplanned transfers to the ICU, and to drive more timely palliative care consults. PeraHealth’s Rothman Index is the only FDA...

NEW YORK--(BUSINESS WIRE)--Blueground, the largest global operator of furnished rentals for 30+ day stays, announces today the acquisition of Denver-based Travelers Haven, the leading provider of housing on-demand in the U.S. Travelers Haven offers the fast and highly customizable sourcing of flexible rentals on-demand to businesses with access to up to 20,000 U.S. cities. The acquisition of Travelers Haven will now give Blueground the ability to provide accommodations to clients on demand in t...

GREENVILLE, S.C.--(BUSINESS WIRE)--Benson Marketing Group, a leading wine and spirits marketing agency, has been acquired by — and is now a division of — The Brand Leader (TBL), a brand-first creative agency specializing in advertising, branding, and design. The Benson team, including Jeremy Benson, continues in its role serving top wine and spirits clients in the U.S., Canada, and abroad from its office in New York. “The Brand Leader’s continued focus on elevating brands through design, advert...

MIAMI--(BUSINESS WIRE)--I Squared Capital, through its ISQ Global Infrastructure Fund III, has acquired a controlling interest in the Whistler Pipeline, a leading natural gas infrastructure asset, from First Infrastructure Capital, Ridgemont Equity Partners, affiliates of West Texas Gas Inc., affiliates of Stonepeak Partners LP and the WhiteWater management team. The Whistler Pipeline is a leading core energy infrastructure system connecting the Permian Basin’s growing natural gas supply to LNG...