Merger & Acquisition News

MUNICH--(BUSINESS WIRE)--Boyd Corporation expands European footprint with Siltec acquisition, expanding global material science technology portfolio with expertise in silicone...

PITTSBURGH--(BUSINESS WIRE)--TriState Capital Holdings, Inc. (Nasdaq: TSC) reported third quarter 2021 financial results, including record net income, organic loan and balance sheet growth and its fourth consecutive quarter of net interest margin (NIM) expansion. The parent company of TriState Capital Bank and Chartwell Investment Partners reported net income available to common shareholders of $16.9 million in the third quarter of 2021, up 129.7% from $7.4 million in the third quarter of 2020...

ATLANTA--(BUSINESS WIRE)--Mirion Technologies, Inc. (“Mirion”), a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets, today announced that it has closed its previously announced business combination with GS Acquisition Holdings Corp II (“GSAH”). Upon completion of the transaction, which was approved by GSAH stockholders on October 19, 2021, GSAH changed its name to “Mirion Technologies, Inc.” Mirion’s Class A c...

NEW YORK--(BUSINESS WIRE)--Baretz+Brunelle Acquires Leading Legal Industry Advisory Firm Berardi Consulting...

WASHINGTON--(BUSINESS WIRE)--Please replace the release dated October 19, 2021 with the following corrected version due to multiple revisions. The updated release reads: JAB EXPANDS PET INSURANCE PLATFORM THROUGH ACQUISITION OF FIGO PET INSURANCE Deal Follows Earlier Agreement to Acquire IHC’s Pet Insurance Business JAB is pleased to announce that Independence Pet Holdings (formerly Iguana Capital), JAB’s U.S. pet insurance platform, has entered into a definitive agreement to acquire Figo, one...

TORONTO & NEW YORK--(BUSINESS WIRE)--Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (“WPT”) in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (collectively, “Units”) (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt (the “Tran...

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU, AND BOWXW) (“BowX”), a special purpose acquisition company, and WeWork Inc., a leading global flexible space provider, today announced the completion of their business combination. The combined company will now operate as WeWork Inc. and will begin trading on the New York Stock Exchange under the ticker symbol “WE” on October 21, 2021. Sandeep Mathrani, CEO of WeWork, said, “Today is a testament to the...

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) today announced the acquisition of an exclusive, perpetual license to WideOrbit’s digital audio streaming technology and the related assets and operations of WO Streaming. This acquisition gives Audacy control of its product roadmap to deliver enhanced consumer-facing streaming features for its 170 million monthly listeners. “The WideOrbit digital audio tech business perfectly complements our organic investments to make Audacy’s digital pl...

NEW YORK--(BUSINESS WIRE)--GS Acquisition Holdings Corp II (“GSAH”) (NYSE: GSAH, GSAHU, GSAHWS), a special purpose acquisition company, today announced that holders of approximately 5 million shares reversed their redemption status, increasing the GSAH trust proceeds expected to be available for the business combination by approximately $50 million since October 15, 2021. The transaction is expected to raise approximately $604 million from GSAH trust proceeds, $900 million from a fully committe...

ATLANTA & NEW YORK--(BUSINESS WIRE)--SPANX, Inc., the mission-driven womenswear brand founded by Sara Blakely in 2000, today announced a definitive agreement for a majority investment from funds managed by Blackstone (“Blackstone”), a leading global investment business. The firm has agreed to buy a majority stake in the company at a valuation of $1.2 billion – with Blakely maintaining a significant equity stake in the business. Blakely, along with SPANX’s existing senior management team, will c...