Merger & Acquisition News

SAN FRANCISCO--(BUSINESS WIRE)--Ninth paragraph of release should read: The announcement builds on a period of sustained growth for CoderPad, including the acquisition of AdaptiLab’s machine learning and data science interviewing tools earlier this summer, plus a growth funding round led by Summit Partners in late 2019 (instead of The announcement builds on a period of sustained growth for CoderPad, including the acquisition of AdaptiLab’s machine learning and data science interviewing tools ea...

DALLAS & NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm; Kairoi Residential (Kairoi), a national multifamily investment, development, and property management company; KBS, one of the most prominent investors in premier commercial real estate; and Southern Land Company (SLC), a national real estate developer of mixed-use developments and master-planned communities, today announced that KKR and Kairoi have acquired Novē at Knox, from KBS and SLC. Kairoi will operate the hospital...

DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) announced today that it has acquired an additional 18.0% interest in the Jubilee field and an additional 11.0% interest in the TEN fields in Ghana from Occidental Petroleum (“OXY”) for a purchase price of $550 million with an effective date of April 1, 2021. Consideration due to OXY at completion was approximately $460 million after taking into account closing adjustments. Key Highlights Accelerates Kosmos’ strat...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) today announced that it has completed the acquisition of the outstanding shares of Magma Global (Magma), the leading provider of composite pipe technology to support the Energy Transition. TechnipFMC originally acquired an interest in Magma in 2018, combining its strong history in flexible pipe technology with Magma’s advanced composite capabilities to develop a disruptive composite pipe solution for the tr...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) today announced that it has completed the acquisition of the outstanding shares of Magma Global (Magma), the leading provider of composite pipe technology to support the Energy Transition. TechnipFMC originally acquired an interest in Magma in 2018, combining its strong history in flexible pipe technology with Magma’s advanced composite capabilities to develop a disruptive composite pipe solution for the traditional and new...

PHOENIX--(BUSINESS WIRE)--Nexa Receptionists Holdings LLC ("Nexa"), the leading provider of tech-enabled business services for companies of all sizes across the US, today announced it has acquired the answering services division of Crocker Communications, a Massachusetts-based telecommunications company. The acquisition expands Nexa’s footprint within the healthcare and medical answering services category, and further bolsters its tech-enabled and people-powered service offerings with Crocker’s...

CANTON, Mass. & UPPER MARLBORO, Md.--(BUSINESS WIRE)--3Phase Elevator, a leading independent elevator and escalator services provider, and Advanced Elevator, a company that provides similar services in Washington, D.C., Maryland, and surrounding areas, today announced that the two companies have merged. The combined company adds to 3Phase’s geographic expansion and allows Advanced to leverage 3Phase’s key digital capabilities and automation. Advanced Elevator focuses on full maintenance service...

SAN FRANCISCO--(BUSINESS WIRE)--A joint venture of Lincoln Property Company and Cara Investment has acquired 384 Post Street on Union Square in the heart of San Francisco’s luxury retail district. Saks Fifth Avenue, which has occupied the property for more than four decades, currently leases the entirety of the property through 2027. The building is located on a prestigious corner with unobstructed views of and from Union Square. Located on just over half an acre, the property totals approximat...

LOS ANGELES--(BUSINESS WIRE)--100 Thieves Makes First Acquisition in its History with Higround – A Gaming Peripherals Company...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is serving as lead financial advisor to Vantage Elevator Solutions (Vantage), a portfolio company of Golden Gate Capital, on its pending majority sale to Ontario Teachers’ Pension Plan Board (Ontario Teachers’). As part of the transaction, Vantage’s current owner, Golden Gate Capital, will retain a significant minority ownership stake in the company. Vantage is a lea...