Merger & Acquisition News

Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.

Dec 29, 2021 at 8:30 AM

Graham Holdings Company Acquires a Ford Dealership

ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) announced today that it has acquired a Ford dealership in Manassas, VA from the Battlefield Automotive Group. The purchase price was not disclosed. Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team of industry professionals will operate and manage the dealership. Graham Holdings Company holds a 90% stake. The Company also owns three other automotive dealerships: Ourisman Lex...
Dec 29, 2021 at 8:12 AM

Premia Holdings Ltd. Completes the Acquisition of Navigators Holdings (Europe) NV from The Hartford

PEMBROKE, Bermuda--(BUSINESS WIRE)--Premia purchases European assets of The Hartford....
Dec 29, 2021 at 8:00 AM

Generational Equity Advises Papa's Dodge in Its Sale to Dobbs Equity Partners

DALLAS--(BUSINESS WIRE)--Papa's Dodge, a Generational Equity client, was acquired by Dobbs Equity Partners....
Dec 29, 2021 at 8:00 AM

Lawson Products, Inc. Announces Strategic Combination With TestEquity & Gexpro Services

CHICAGO & FORT WORTH, Texas--(BUSINESS WIRE)--Lawson Products, Inc. Announces Strategic Combination with TestEquity & Gexpro Services...
Dec 29, 2021 at 6:00 AM

Fenix Parts Completes Acquisition of All Foreign Used Auto Parts

HURST, Texas--(BUSINESS WIRE)--Fenix Parts, a portfolio company of Stellex Capital Management, completes acquisition of All Foreign Used Auto Parts...
Dec 28, 2021 at 6:58 PM

FCPT Announces Acquisition of Two WellNow Urgent Care Properties for $5.4 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two WellNow Urgent Care properties for $5.4 million. The properties are located in highly trafficked corridors in New York and both leases are with the corporate entity. The transaction was priced at a cap ra...
Dec 28, 2021 at 5:30 PM

Athena Technology Acquisition Corp. Announces Stockholder Approval of Business Combination with Heliogen, Inc.

KENNESAW, Ga. & PASADENA, Calif.--(BUSINESS WIRE)--Athena Technology Acquisition Corp. announced that its stockholders voted to approve the previously announced business combination with Heliogen, Inc....
Dec 28, 2021 at 4:30 PM

American Tower Completes Acquisition of CoreSite Realty Corporation

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) announced today that it has closed its acquisition of CoreSite Realty Corporation (NYSE: COR) (“CoreSite”) following the completion of its previously announced tender offer for all outstanding shares of common stock of CoreSite. American Tower completed the acquisition of CoreSite through a merger of one of its wholly owned subsidiaries with and into CoreSite. The closing was funded by borrowings under American T...
Dec 28, 2021 at 4:15 PM

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL), a leading provider of small balance investor loans, today announced it has acquired a majority stake in Century Health & Housing Capital (“Century”). Founded in 1992, Century is a licensed “Ginnie Mae” issuer/servicer that provides government-insured Federal Housing Administration (FHA) mortgage financing for multifamily housing, senior housing and long-term care/assisted living fa...
Dec 28, 2021 at 4:05 PM

Sterling Acquires a Soil Stabilization Business in the Southeast

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that it has acquired Kimes & Stone (“Kimes”). Kimes provides a diversified services offering of soil stabilization for site development on e-commerce projects such as large fulfillment and distribution centers and data centers, as well as soil stabilization for roadways and manufacturing plant construction. The transaction includes a fleet of soil stabili...
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