Merger & Acquisition News

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...

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...

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...

LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ: RBB) announced today that it has entered into a definitive agreement to acquire Gateway Bank, F.S.B. ("Gateway Bank") in a cash transaction valued at approximately $22.9 million, subject to certain terms and conditions, including customary holdbacks if certain contingencies are not met, and other possible adjustments as contained in the definitive agreement. Gateway Bank, a commercial bank based in Oakland, California, had total assets of $172....

WICHITA, Kan.--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that it has completed its previously announced acquisition of Heights Finance, a consumer finance company that provides installment loans and offers customary opt-in insurance and other financial products, from Milestone Partners, a private equity firm. Total consideration of $360 mill...

LONG BEACH, Calif. & BOCA RATON, Fla.--(BUSINESS WIRE)--NextGen Acquisition Corp. II (NASDAQ: NGCA) (“NextGen”) stockholders today approved the previously-announced business combination with Vieco USA, Inc., the parent company of Virgin Orbit ("Virgin Orbit" or the "Company"), at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. Also today, NextGen and the Virgin Group announced that t...

DRAPER, Utah--(BUSINESS WIRE)--Convenient Brands Acquires ROME Technologies and Supports Management Succession with Promotion of James Rome to President...

PARIS--(BUSINESS WIRE)--Regulatory News: Teleperformance (Paris:TEP), a leading global group in digitally integrated business services, announced today that it has acquired Senture, a significant business process outsourcing (BPO) operator for government services in the United States, from Kingswood Capital Management, L.P. (Kingswood), a US private investment firm based in Los Angeles, California. Founded in 2003 and headquartered in London, Kentucky, with revenue of US$192 million and an adju...

PLEASANTON, Calif.--(BUSINESS WIRE)--Sensiba San Filippo, a leading Bay Area accounting firm, has merged with Oregon-based SGA CPAs & Consultants, expanding the firm's West Coast presence...

LEXINGTON, Mass.--(BUSINESS WIRE)--Novo Nordisk today announced that the acquisition of Dicerna, announced on 18 November 2021, has been completed....