Merger & Acquisition News

BREA, Calif.--(BUSINESS WIRE)--CoolSys has acquired Triangle Refrigeration, expanding its market presence throughout the Northeast and Mid-Atlantic regions of the U.S....

CHICAGO--(BUSINESS WIRE)--Kin Insurance, Inc. (“Kin” or the “Company”), a leading direct-to-consumer homeowners insurance technology company that has entered into a definitive business combination agreement with Omnichannel Acquisition Corp. (NYSE: OCA) (“Omnichannel”), today announced select preliminary operating results through October 31, 2021, and additional preliminary results for the third quarter ended September 30, 2021: Total Managed Premium1 increased to $79.4 million year-to-date thr...

SAN FRANCISCO & HAARLEM, Netherlands--(BUSINESS WIRE)--Planet, a leading provider of daily data and insights about Earth, today announced that it has entered into an agreement to acquire VanderSat, a leading provider of advanced earth data and analytics. VanderSat’s innovative products help customers better measure and understand water management and crop health in major markets. Planet intends to leverage VanderSat’s technologies and products in further pursuit of bringing to market next-gener...

LONDON--(BUSINESS WIRE)--Prodapt today announced plans to expand their test labs across Silicon Valley, Ireland, and India....

NEW YORK & LONDON--(BUSINESS WIRE)--Rosecliff Acquisition Corp I (NASDAQ: RCLF) (“Rosecliff”), a special purpose acquisition company, and GT Gettaxi Limited (“Gett”), the category-leading corporate Ground Transportation Management (GTM) platform, today announced that they have entered into a definitive business combination agreement. Upon closing of the business combination, the newly combined company (the "Company") will operate as Gett and trade on the Nasdaq under the symbol “GETT.” Corporat...

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“SHUSA”) today announced that it has extended the expiration date of its previously announced tender offer (the “Tender Offer”) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (“SC”) not already owned by SHUSA for $41.50 per share (the “Offer Price”). Under the terms of the merger agreement entered into on August 23, 2021 by and among SHUSA, SC and Max Merger Sub, Inc., a wholly owned subsidiary of...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of Kansas-based Truck Insurance Mart, Inc. (“Truck”). Terms of the transaction were not disclosed. Truck provides insurance solutions to trucking companies, small fleets, contract haulers and owner operators throughout the country. Leveraging industry experience, product expertise and relationships, Truc...

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $21.0 million first mortgage floating-rate bridge loan to finance the acquisition of Bellevue Terrace, a 72,000 square foot multi-tenant office property located at 3633 136th Place SE in Bellevue, Washington. An initial advance of approximately $20.0 million was funded at closing with future advances of up to $1.0 million available for tenant improvements and leasing commissions. The loan is...

DALLAS--(BUSINESS WIRE)--Excel Cleaning and Restoration Supplies, a Generational Equity client, as acquired by Pearlman Group, a portfolio company of The Stephens Group, LLC....

INDIANAPOLIS--(BUSINESS WIRE)--Anthem, Inc. (NYSE: ANTM) today announced that the company has entered into an agreement to acquire Integra Managed Care, a Managed Long-Term Care Plan in New York that helps adults with long term care needs and disabilities live safely and independently in their own home. Integra currently serves 40,000 Medicaid members who benefit from a dedicated care management team that includes a Registered Nurse, Social Worker, and Coordinator who work in partnership with m...