Merger & Acquisition News

CHICAGO--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company announced today that its operating company, TestEquity, completed its acquisition of Instrumex, a leading test and measurement provider of reconditioned test equipment based in Munich, Germany. “I am excited to announce the acquisition of Instrumex, a leading provider of professionally refurbished general purpose test & measurement equipment b...

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it purchased a Texas farm for $12.1 million. The acquisition represents FPI’s first farmland transaction in the state since selling property there in 2020. The new 3,843-acre site sits in Dallam and Hartley Counties in the northwest corner of Texas. It primarily produces potatoes, in addition to corn and wheat. “This was an important purchase for the Company,” explained FPI Chairman and CEO...

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, today announced it will acquire assets of American Advisors Group (“AAG”), a leading direct-to-consumer reverse mortgage lender, in exchange for a combination of cash and equity. The transaction underscores FOA’s commitment to invest in businesses that have strong growth potential with structural and demographic tailwinds. Commenting on bring...

CLEVELAND--(BUSINESS WIRE)--Stratus, the leading facilities services and brand implementation services firm, today announced the acquisition of Comet Signs, based in San Antonio, Texas. The combined organization now consists of over 1,100 employees throughout the United States. With the acquisition of Comet Signs, Stratus will accelerate its growth in the Southwest and Western United States, leveraging Comet’s substantial presence in key Texas areas including Austin, Dallas, Houston, San Antoni...

CLEVELAND--(BUSINESS WIRE)--Blue Point Capital Partners and its portfolio company, Weaver Leather (“Weaver”), are pleased to announce the acquisition of Ohio Travel Bag (“OTB”), a distributor of specialty hardware, fittings and supplies used in a variety of industries and end markets including leather goods, pet, equine, handbags, trunks and crafts. Established in Cleveland in 1908, OTB provides a diverse selection of high-quality products backed by exceptional customer service. “The core of Oh...

NEW YORK--(BUSINESS WIRE)--MNG Havayollari ve Tasimacilik A.S. (“MNG Airlines,” “MNGA” or “the Company”), a global logistics provider and e-commerce enabler, has entered into a definitive agreement to become publicly traded via a business combination with Golden Falcon Acquisition Corp. (“Golden Falcon”) (NYSE: GFX), a special purpose acquisition company. The transaction is expected to close in the first half of 2023, after which MNGA will be listed on the New York Stock Exchange (the “NYSE”) u...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital Corporation (NYSE: STOR) (“STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that the Committee on Foreign Investment in the United States (CFIUS) has approved the previously announced all-cash acquisition of the Company by affiliates of GIC, a global institutional investor, and funds managed by Oak Street, a Division of Blu...

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive financial advisor to SunFed Ranch on its merger with Teton Waters Ranch, a portfolio company of Sunrise Strategic Partners and Armonia, creating Grass Fed Foods, LLC (GFF). GFF immediately becomes the nation’s largest grass-fed beef platform and the foremost outlet for grass-fed beef products, bringing together SunFed Ranch, a Woodland, Calif.-based leader in prime cuts and grinds, and indus...

WASHINGTON--(BUSINESS WIRE)--Millstone Medical Outsourcing (“Millstone”), the industry’s leading partner of choice for medical manufacturers’ post-manufacturing and aftermarket services, announces its completed acquisition of Ethide Laboratories (“Ethide Labs” or “Ethide”), on November 14, 2022. Headquartered in West Warwick, Rhode Island, Ethide Labs has more than 60 years of experience in regulatory testing services for the medical device and pharmaceutical industries. Ethide Labs is an ISO 1...

LONDON & LOS ANGELES--(BUSINESS WIRE)--Animoca Brands Corporation Limited (“Animoca Brands”), the company advancing digital property rights for gaming and the open metaverse, has taken a majority stake in Pixelynx, Inc. (“PIXELYNX”) through its controlled subsidiary. PIXELYNX is a music metaverse gaming platform founded by musicians and technologists deadmau5 (Joel Zimmerman) and Richie Hawtin (Plastikman) along with music and gaming industry veterans Ben Turner, Dean Wilson, and Inder Phull. P...