Merger & Acquisition News

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Completes Acquisition of O’Shaughnessy Asset Management, a Leading Custom Indexing Provider through its Canvas® Platform...

FORT MYERS, Fla.--(BUSINESS WIRE)--LTC Global, Inc. announced today that it has acquired Westland Financial Services, Inc. (Westland), an independent life and health insurance agency headquartered in San Diego. Gene Pastula, CFP©, Westland’s founder and President, Tim Morton (CEO) and Mark Mits (VP and General Manager), will continue to manage the business. “Gene has built a very successful agency, and we feel fortunate to welcome Gene, Tim, Mark and their team as colleagues,” said Daniel G. Sc...

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE:UGI) announced today that its subsidiary, UGI Energy Services, LLC (“UGIES”), has entered into a definitive agreement to acquire Stonehenge Appalachia, LLC (“Stonehenge”) from Stonehenge Energy Holdings, LLC for approximately $190 million. This investment is expected to be immediately accretive to adjusted earnings. The Stonehenge system, located in Butler County Pennsylvania, includes more than 47 miles of pipeline and associated compre...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Crosslake Technologies, provider of technology advisory services to private equity firms and their portfolio companies, has acquired Renna Partners....

NORTH SIOUX CITY, S.D. & DALLAS--(BUSINESS WIRE)--With the acquisition of Lone Star Cold Storage, Vertical Cold Storage can now reach more than two-thirds of the US in two days or less....

PASADENA, Calif.--(BUSINESS WIRE)--JRW Realty has closed on the transaction of a 1,283,360-square-foot Sherwin-Williams distribution center in Effingham, Illinois....

NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean”), a premier middle market private equity firm focused on the consumer and business services sectors, announced today that it has acquired Casper’s Ice Cream (“Casper’s” or the “Company”), a leading manufacturer and supplier of branded and co-packed frozen novelty products sold through leading grocery and mass customers throughout the United States. The Company primarily sells through the FatBoy brand, one of the fastest growing frozen nov...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced it has completed its acquisition of M&A firm Clearsight Advisors, Inc....

ALPHARETTA, Ga.--(BUSINESS WIRE)--48forty Solutions (“48forty”), a portfolio company of Audax Private Equity (“Audax”) and a leading national provider of recycled pallets and pallet management services, today announced that it has acquired Industrial Pallet. This is the sixth acquisition 48forty has completed since Audax' investment in November 2020. Terms of the transaction were not disclosed. Industrial Pallet, founded in 1991 and located in Eastford, CT, is a provider and manufacturer of a w...

HOUSTON--(BUSINESS WIRE)--FourQuest Energy Services has acquired privately owned US-based Boyle Energy Services & Technology, Inc. (BEST). Based in New Hampshire, BEST was founded in 1993 and is a global leader in providing engineering expertise, specialized equipment, and field services to commission or transition large-scale energy construction projects from a post-construction state to a functional operating plant. Furthermore, BEST has been awarded six patents related to pre-commissioni...