Merger & Acquisition News

BELLEVUE, Wash.--(BUSINESS WIRE)--Icertis, the global leader in AI-powered contract intelligence, today announced the acquisition of Dioptra to further accelerate its best-of-breed AI technology for enterprise contracting. This marks the next milestone in the company’s long-term AI strategy following the launch of Icertis Vera and bolsters its position at the forefront of contract lifecycle management (CLM). More than 80 percent of C-suite leaders are ready to let AI agents support contract neg...

SAN JOSE, Calif. & BOSTON--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) and Semrush Holdings, Inc. (NYSE:SEMR) announced that they have entered into a definitive agreement under which Adobe will acquire Semrush, a leading brand visibility platform, in an all-cash transaction for $12.00 per share, representing a total equity value of approximately $1.9 billion. Semrush is a powerful partner for marketers looking to manage brand visibility and audience reach through its data-driven generative engi...

GARDEN CITY, N.Y.--(BUSINESS WIRE)--Opti9 acquires Aptible, combining cloud expertise with a secure PaaS to accelerate compliant, scalable cloud and GenAI-ready solutions....

DUBLIN, Ireland--(BUSINESS WIRE)--LearnUpon announces its acquisition of Courseau, an AI-assisted course authoring platform....

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Morgan Properties acquires Dream Residential REIT for $354M, while adding 15 communities across Texas, Ohio, Kentucky, and Oklahoma....

CONCORD, Calif. & BOSTON--(BUSINESS WIRE)--Sempresto, Inc., a medical device company pioneering smartphone-integrated rescue drug delivery, today announced the acquisition of all patents and related physical and digital assets from inventor Steven A. Friedman. Friedman’s innovations—focused on novel mechanisms and enhanced safety features for mobile device-integrated autoinjectors—provide key building blocks for Sempresto’s next-generation drug delivery platforms. This strategic acquisition fur...

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced that it has completed the acquisition of Connect Atlantic Utility Services Corporation (CAUS), Atlantic Canada’s leading electric utility services provider. The acquisition establishes Centuri as a dual electric and gas services provider in Canada, complementing the gas distribution services provided through its current Canadian subsidiary, while simultaneously expanding its geographic foo...

TORONTO--(BUSINESS WIRE)--DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U, TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) announced today the closing of the acquisition of the REIT by an affiliate of Morgan Properties, LP (“Morgan Properties”) in an all-cash transaction valued at approximately US$354 million (the “Transaction”). On closing of the Transaction, unitholders of the REIT and Class B unitholders of DRR Holdings LLC (collectively, the “Unitholders”) received cash con...

LOS ANGELES--(BUSINESS WIRE)--Century Park Announces Formation of Green Summit Landscape Group, Completes First Acquisition...

PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America”), the operating subsidiary of Finance of America Companies Inc. (NYSE: FOA) (“FOA”) and the nation’s leading provider of home equity–based retirement solutions, today announced it has entered into an agreement to acquire the home equity conversion mortgage (HECM) servicing portfolio, and certain other reverse mortgage assets, from PHH Mortgage Corporation (“PHH”), a subsidiary of Onity Group Inc. (NYSE: ONIT) (“...