Merger & Acquisition News

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced that it has completed its previously disclosed acquisition of Salo, LLC. Salo is a leading provider of finance, accounting and HR interim talent, with a strong focus on serving clients in healthcare, among other industries. The company’s substantial interim professional solutions and contract staffing expertise will enhance Korn Ferry’s industry-leading organizational consulting portfolio. Terms of the deal were not disclosed....

CEDAR FALLS, Iowa--(BUSINESS WIRE)--AgencyBloc, the leading agency management system (AMS) solution provider for independent life and health insurance agencies, today announced the strategic acquisition of Radius, a growing and innovative provider of sales enablement solutions supporting life and health insurance brokers. This acquisition is part of AgencyBloc’s strategic vision and commitment to the industry, and significantly expands AgencyBloc’s sales enablement capabilities. The Radius solu...

NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired Apex Companies (“Apex” or the “Company”), a leading provider of end-to-end environmental consulting and engineering solutions, from Sentinel Capital Partners (“Sentinel”). MSCP is partnering with the current management team led by CEO Dave Fabianski, who will continue to lead the business. Sentinel C...

SAN ANTONIO & OKLAHOMA CITY--(BUSINESS WIRE)--PetroLedger Financial Services, LLC. (“PetroLedger”) today announced the acquisition of Oklahoma City-based oil and gas land management and accounting firm, Associated Resources, Inc. (“ARI”), as an expansion of its strategic transactional accounting services for the energy market. "We are thrilled to welcome Associated Resources to the PetroLedger family," said Chad Smith, Partner at PetroLedger. "The combination of their high-quality land services...

TAMPA, Fla.--(BUSINESS WIRE)--Diversified Maintenance, a leading service provider for quality facilities maintenance services, announced the acquisition of Perennial Medical Cleaning Solutions, a Florida based all-inclusive medical cleaning service provider. The acquisition is a strategically important one as it aligns with the Company’s vision of vertical and market growth in the evolving facilities management industry. Perennial Medical Cleaning Solutions began as a cleaning service provider...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has acquired Aarts Packaging B.V., a well-established, innovative luxury packaging solutions provider for prestigious beauty and lifestyle brands, as well as for customers in the food and life sciences end markets. Effective immediately, Aarts Packaging will become part of TriMas Packaging’s group of leading businesses, which consist of Rieke®, Affaba & Ferrari™, Rapak®, Taplast™, Intertech and Omega Plas...

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets for government and commercial markets, today announced that it has acquired Precision Fuel Components, LLC (“Precision Fuel”), in an all-cash transaction. This transaction is immediately accretive to VSE’s Aviation segment. Founded in 2001, Washington-based Precision Fuel is a market-leadi...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Roth Capital Partners, LLC today announced that it closed the acquisition of MKM Partners, LLC (“MKM”) and that it will conduct business as ROTH MKM. The combined organization will employ over 235 individuals, with approximately 60 investment bankers, 45 research analysts, more than 75 distribution individuals specializing in the markets and 500+ stocks under coverage. “I am confident that the combination will provide a stronger and more expanded offering...

SÃO PAULO--(BUSINESS WIRE)--Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the acquisition of Multifrigo, a leading operator in Santiago – Chile’s capital and largest city. Emergent Cold LatAm also announced plans to expand Multifrigo’s main automated facility in El Olivo to 35,000 pallet positions or triple its current size, creating additional capacity and service offerings. Multifrig...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has acquired Paragon Tank Truck Equipment (“Paragon”) for an all-cash purchase price of approximately $40 million. Paragon is a leading provider of solutions used for loading and unloading dry bulk and liquid tanks on and off of trucks. Its solutions include pneumatic blowers, stationary packages and accessories for dry bulk and hydraulic packages, cooler...