Merger & Acquisition News

MIAMI--(BUSINESS WIRE)--Cushman & Wakefield arranged the sale of two cold storage/warehouse distribution facilities totaling approximately 315,000 square feet in Miami....

SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) announced today a merger with Loutre Land and Timber Company (“Loutre”). PotlatchDeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for Loutre’s 51,340 acres of high-quality, well-stocked timberlands in southern Arkansas and northern Louisiana. Key attributes of the Loutre timberlands: Stocking levels of approximately 90 tons per acre Average age of the timber is greater than 40...

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) and its subsidiary United Surgical Partners International (USPI) today completed their previously announced transaction to acquire SurgCenter Development (SCD). In connection with the closing of the transaction, Tenet/USPI acquired SCD’s ownership interests in 86 ambulatory surgery centers (ASCs) and other related ambulatory support services for approximately $1.1 billion. Additionally, USPI is offering to acquire a portion of eq...

NEW YORK--(BUSINESS WIRE)--Fortress Investment Group LLC (“Fortress”) today announced that its affiliates have completed previously announced transactions with DigitalBridge Group Inc. (NYSE: DBRG, “DigitalBridge”) and BrightSpire Capital Inc. (NYSE: BRSP, “BrightSpire”), with total consideration of approximately $730 million. “We have a long and extremely productive history working with the DigitalBridge and BrightSpire teams and could not be more pleased with their partnership in closing thes...

CANTON, Mass. & CLEVELAND--(BUSINESS WIRE)--3Phase Elevator, a leading independent elevator and escalator services provider, today announced that it has merged with Gable Elevator, a provider of elevator maintenance, repair, and modernization services in the Cleveland and Columbus markets. The merger enables 3Phase to establish a strong presence in Ohio as it continues to expand nationally. Terms of the transaction were not disclosed. Gable Elevator, a family-owned and operated company, uses no...

FARMINGDALE, N.Y.--(BUSINESS WIRE)--Today, National Convenience Distributors, LLC announced the acquisition of Century Distributors Inc., one of the Mid-Atlantic region's largest full-line wholesale distributors to the convenience and grocery store industries. Financial terms were not disclosed. Century Distributors, founded in 1976 and located in Rockville, Maryland, will join NCD as a newly created division. Currently, National Convenience Distributors is the 4th largest wholesale convenience...

LONDON--(BUSINESS WIRE)--Eckoh, the leading Customer Engagement Security Provider, acquires Syntec to enhance its product offering, extend IP and accelerate Cloud growth....

BOSTON--(BUSINESS WIRE)--TEMPO ACQUIRES ALM WORKS TO DELIVER INTEGRATED STRATEGIC PORTFOLIO MANAGEMENT OFFERING...

CLEVELAND--(BUSINESS WIRE)--Arrow International has acquired Tab Wizard. The acquisition expands the Company's product offering to include pull tab point of sale solutions....

PLANO, Texas--(BUSINESS WIRE)--NTT DATA to acquire Chainalytics, a supply chain consulting and analytics firm, expanding NTT DATA's supply chain consulting capabilities....