Merger & Acquisition News

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Completes Acquisition of Moxy Denver Cherry Creek and Disposition of DoubleTree Metropolitan...

PORTLAND, Maine--(BUSINESS WIRE)--Altus Capital Partners' Nichols Portland makes first acquisition with Alpha Precision Group...

BOSTON--(BUSINESS WIRE)--Sky Peak Capital (“Sky Peak”), a founder-focused, operationally-driven private equity firm, is pleased to announce the acquisition of Jarvis Machine (“Jarvis”), a leading supplier of precision machining services to the industrial, defense, photonics, firearms and pneumatics industries. Jarvis represents the first acquisition in Sky Peak’s manufacturing platform, targeting founder-led, small-to-medium sized manufacturing businesses in highly fragmented markets with subst...

DALLAS--(BUSINESS WIRE)--Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, a leading full life-cycle system integrator and provider of digital supply chain, retail and mobile workforce solutions, acquired Avalon Integration Inc (“Avalon”). Terms of the transaction were not disclosed. The acquisition of Avalon marks Sole Source’s 12th investment in the Automatic Identification & Data Capture (AIDC) industry. Sol...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Presto, a leader in the restaurant hospitality technology industry, has been selected by Checkers Drive-In Restaurants, Inc., the operator of Checkers & Rally’s iconic drive-thrus, as the exclusive provider of automated voice ordering for all its corporate-owned drive-thru restaurants. Today’s announcement marks the largest and first of its kind rollout of an A.I.-based voice assistant solution in the hospitality industry. Designed to help restaurants...

NEW YORK--(BUSINESS WIRE)--Elion announces a series of last-mile industrial acquisitions for $245 M within the New Jersey, Los Angeles, Miami, Seattle and San Diego markets....

NANTUCKET, Mass.--(BUSINESS WIRE)--Local real estate firm Blue Flag Partners announced its acquisition of The Beachside on Nantucket (“The Beachside”), a 94-key hotel on North Beach Street in Nantucket, MA. Originally built in 1966, The Beachside encompasses an expansive 3.5 -acre campus in Nantucket’s Brant Point neighborhood and features one of just five hotel pools on the entire island. Given its central location and proximity to Jetties Beach, downtown Nantucket and the Steamship Authority...

TEL AVIV, Israel--(BUSINESS WIRE)--ironSource (NYSE: IS), a leading business platform for the App Economy, today announced the closing of the acquisition of mobile marketing and monetization company Tapjoy. The acquisition continues to strengthen ironSource’s offering for app developers, with industry-leading tools for supporting the in-app and in-game economy, and a robust advertiser marketplace. One of four acquisitions ironSource made in the past twelve months, the addition of Tapjoy’s techn...

GOOSE CREEK, S.C.--(BUSINESS WIRE)--HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand, temporary, and commercial staffing services, today announced that it has entered into a definitive agreement to acquire the staffing division of dmDickason Personnel Services, a family-owned company based in El Paso, Texas. The staffing division has three offices, two in El Paso, Texas, and one in Las Cruces, New Mexico, which generated approximately $18 million in revenue in 2021. "This acqui...

BOWLING GREEN, Ky.--(BUSINESS WIRE)--Holley (NYSE:HLLY) (“Holley” or “the Company”), the largest and fastest growing platform for performance automotive enthusiasts, today announced it has acquired substantially all of the assets of Arizona Desert Shocks (ADS), Baer Brakes, Brothers Trucks, and Rocket Racing Wheels during the fourth quarter of 2021. “We are excited to welcome Arizona Desert Shocks, Baer Brakes, Brothers Trucks, and Rocket Racing Wheels to the Holley family of enthusiast brands,...