Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Permira, the global private equity firm, today announced that the Permira funds have agreed to sell DiversiTech, a market leading supplier of critical Heating, Ventilation, Air Conditioning/Refrigeration “HVAC/R” Parts, Supplies and Accessories, to Partners Group, a leading global private markets firm, for an enterprise value of $2.2 billion. Partners Group and management will be the largest investors going forward, with the Permira funds maintaining an ownership stak...

NEW YORK--(BUSINESS WIRE)--Data Software Platform Semantix to Become Publicly Traded on Nasdaq via SPAC Merger with Alpha Capital...

DALLAS--(BUSINESS WIRE)--CBRE Acquisition Holdings, Inc. (NYSE: CBAH) (“CBAH”), a publicly-traded special purpose acquisition company, reminds its stockholders to vote in favor of the previously announced business combination (the “Business Combination”) with Altus Power, Inc. (“Altus Power”), a market-leading clean electrification company. Stockholders who owned common stock of CBAH as of the close of business on October 27, 2021 (the “Record Date”), may vote their shares. Stockholders as of t...

NEW YORK--(BUSINESS WIRE)--Virtuoso Acquisition Corp. ("Virtuoso") (NASDAQ: VOSO), a publicly traded special purpose acquisition company, today announced that Virtuoso stockholders voted to approve its proposed merger with Wejo Group Limited ("Wejo” or the "Company"), a global leader in connected vehicle data, at a Special Meeting of Shareholders held on November 16, 2021. The merger is expected to close on November 18, 2021 and the common stock and warrants of the combined company, which will...

KENILWORTH, N.J.--(BUSINESS WIRE)--Merck Announces Expiration of Hart-Scott-Rodino Act Waiting Period and Extension of Tender Offer to Acquire Acceleron Pharma Inc....

BOSTON & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of International Data Group, Inc. (“IDG”) from Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. for an enterprise value of $1.3 billion. For over five decades, IDG has provided market intelligence for the fast-growing technology industry, delivering proprietary insights and dat...

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 entered into a definitive agreement to acquire 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 based in Radnor, Pennsylvania. Total...

LONDON & JOHANNESBURG--(BUSINESS WIRE)--IHS Holding Limited (“IHS Towers”), one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by tower count, has signed agreements to acquire 5,709 telecommunication towers in South Africa from Mobile Telephone Networks Proprietary Limited (“MTN”), one of the leading mobile telecommunications operators in South Africa (the “Transaction”). IHS Towers will also provide Power-as-a-Service (“Paa...

SINGAPORE--(BUSINESS WIRE)--Tiga Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”), announced today that it has approved an extension of the time period to consummate a Business Combination, in accordance with Article 49.8 of the Company’s Amended and Restated Memorandum and Articles of Assoc...

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), today announced that it has entered into a definitive agreement to acquire Power Line Systems....