Merger & Acquisition News

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), today announced that the Company, through certain of its indirect subsidiaries, completed the previously announced acquisitions of (i) Construction Risk Partners, LLC (operating as “CRP”) and (ii) Wood Gutmann & Bogart Insurance Brokers and certain of its affiliates and related entities (collectively, operating as “WGB”). In connection with these Partnerships, BRP Group’s nomenclature for strategic a...

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced it has completed the acquisition of the Santoprene™ TPV elastomers business of Exxon Mobil Corporation. “We are excited to welcome the Santoprene™ team to Celanese,” said Lori Ryerkerk, chairman and chief executive officer. “They have built an industry-renowned brand and product portfolio in the Santoprene™ business that will immediately strengthen the unrivaled portfolio...

HOUSTON--(BUSINESS WIRE)--ConocoPhillips has completed its acquisition of Shell Enterprises LLC’s prolific Delaware basin position for $9.5 billion in cash....

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust Acquires Estancia La Jolla Hotel & Spa in La Jolla, CA...

TUCKER, Ga.--(BUSINESS WIRE)--GMS Inc. (NYSE: GMS), a leading North American specialty distributor of interior building products, today announced the successful completion of its previously announced acquisition of AMES Taping Tools LLC (”AMES”), the nation’s leading provider of automatic taping and finishing (“ATF”) tools, and provided an update on the continued execution of its growth strategy with the acquisition of Kimco Supply Company (“Kimco”) and the recent opening of a greenfield locati...

SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world’s leading platform for creating and operating real-time 3D (RT3D) content, today announced it has completed the acquisition of Weta Digital’s tools, pipeline, technology, and engineering talent. This acquisition is designed to empower the growing number of game developers, artists, and potentially millions of consumer creators with highly sophisticated content creation tools used in some of the world’s most iconic movies and television...

NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired substantially all of the assets of Rievent Technologies, a Virginia-based healthcare technology company. Through the acquisition, HealthStream gains an innovative, SaaS-based continuing education (CME/CE) management and delivery application, branded as Rievent™, which supports publishers, professional association...

SINGAPORE & MENLO PARK, Calif.--(BUSINESS WIRE)--Grab Holdings Limited (“Grab”), Southeast Asia’s leading superapp1, today completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC) (“Altimeter”), a special purpose acquisition company. The transaction raised gross proceeds of US$4.5 billion in the largest-ever U.S. public market debut by a Southeast Asian company. The business combination was approved by Altimeter stockholders in a special meeting held on...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, announced today that it has closed the previously-announced transaction to acquire Planetary Systems Corporation (PSC), a Maryland-based spacecraft separation systems company, for $42 million in cash and 1,720,841 shares of the Company’s common stock, plus the potential for an additional 956,023 shares of common stock for a performance e...

JOHNS CREEK, Ga.--(BUSINESS WIRE)--Pexco LLC, a leading North American specialty plastics extruder, is pleased to announce the acquisition of Performance Elastomers Corporation (PEC). Based in Ravenna, Ohio, near Akron, Performance Elastomers specializes in manufacturing dense and sponge elastomer products, including both rubber-based and thermoplastic elastomers (“TPEs”), used in recreational vehicle, automotive aftermarket, marine and heavy equipment applications. Established in 1992, PEC beg...