Merger & Acquisition News

CHARLOTTE, N.C.--(BUSINESS WIRE)--Cabin, a digital experience consultancy specializing in strategy, design and engineering, today announced its acquisition of Cloud Connects, a boutique Salesforce consultancy known for its pragmatic approach to implementing Sales Cloud, Service Cloud, Agentforce and related solutions. The acquisition strengthens Cabin’s position as a full-service digital consultancy by adding deep Salesforce expertise to its existing capabilities in strategy, product design and...

LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, and Slate Asset Management (“Slate”), a global investor and manager focused on essential real estate and infrastructure, today announced that a joint venture between Ares Real Estate funds (“Ares Real Estate”) and Slate has agreed to acquire a portfolio of 36 properties in Poland (the “Portfolio”) from Trei Real Estate, an internationally active developer and asset manage...

MUNICH--(BUSINESS WIRE)--Circus SE (ISIN: DE000A2YN355 / Symbol: CA1), a global technology leader in AI robotics for autonomous nutrition systems and defense supply, announced the acquisition of one of the leading global patent portfolios in autonomous supply systems from a US-based AI robotics company. The portfolio comprises 30 international patents, registered in the United States and Europe, covering key technologies in AI-based control and optimization algorithms (“Nutrition Profiling”), a...

CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (“SSRU”). SSRU is a managing general underwriter (“MGU”) based in Toronto, Canada specializing in underwriting large-account, high-hazard property and casualty solutions. SSRU will become a part of the Ryan Specialty Underwriting Managers (“RSUM”) division o...

DENVER, CO and IRVING, TX--(BUSINESS WIRE)--FirstSun Capital Bancorp (“FirstSun,” or the “Company”) (Nasdaq: FSUN), the holding company of Dallas-based Sunflower Bank, N.A. (“Sunflower Bank”) and First Foundation Inc. (“First Foundation”) (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and Irvine, California-based First Foundation Bank (“First Foundation Bank”) jointly announced today that they have entered into a definitive mer...

NORTH MANKATO, Minn.--(BUSINESS WIRE)--Taylor Corporation today announced the acquisition of Gooten, Inc., a leading print on demand technology and fulfillment provider. The Gooten technology platform, OrderMesh, along with Gooten’s growing fulfillment network will now be combined with Taylor’s national manufacturing footprint and global technology development expertise. This transaction will allow both companies to dramatically accelerate their print on demand market position. “Joining Taylor...

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group Ltd.’s (NYSE: EG) retail insurance portfolios worldwide, representing in aggregate approximately $2 billion of premium. Exposure to all liabilities will remain with Everest, who will also continue to administer claims with respect to its policies. "We expect these renewal rights transactions to driv...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water today completed its acquisition of Appalachian Utilities, Inc. (Appalachian) water system for approximately $3.5 million. The newly acquired water system serves approximately 1,450 customer connections in the City of Lock Haven, Avis Borough, and Pine Creek and Dunnstable townships in Clinton County. “Pennsylvania American Water couldn’t be more pleased to welcome the former Appalachian Utilities customers,” said Pennsylvania Amer...

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that it has signed a definitive agreement to acquire GenNx/AeroRepair IntermediateCo Inc., the parent company of Aero 3, Inc. (“Aero 3”), a portfolio company of GenNx360 Capital Partners and a diversified global Maintenance, Repair and Overhaul (MRO) service provider and distributor supporting the commercial wheel a...

LOS ANGELES--(BUSINESS WIRE)--Total Access Elevator Partners with TRE Elevator...