Merger & Acquisition News

ORANGE, Calif.--(BUSINESS WIRE)--Carrington Mortgage Services and Valon Technologies, Inc. form strategic partnership to power the next generation of government servicing....

MINNEAPOLIS--(BUSINESS WIRE)--Strickoff Financial Services, LLC, led by Kive Strickoff, CPA, AIF®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE:AMP) from Commonwealth Financial Network where the team managed nearly $140 million in client assets. Strickoff, along with his long-time client service associates Rhonda Sossner and Colleen Barbato, have joined The Atlantic Group, a well-established Ameriprise financial advisory practice led by founding partners Andrew Lerner,...

BOSSIER CITY, La.--(BUSINESS WIRE)--Valveworks USA is pleased to announce the acquisition of Houston Oilfield Equipment, Inc., marking a significant milestone in the continued growth of Valveworks USA’s Choke Division. As part of this transaction, the Houston Oilfield legacy product lines will be integrated with Lancaster Chokes under the Valveworks USA Choke Division, ensuring continuity of product design, manufacturing expertise, and customer support. Together, these combined organizations wi...

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the “Company” or “Volato”) today announced voting results indicate that the shareholders have approved the previously announced merger with M2i Global, Inc. (“M2i Global”)(OTCQB: MTWO) with 99% of the shares of common stock present or represented by valid proxy at the special meeting voting in favor of the merger. This marks a significant milestone toward closing the transaction and advancing Volato’s strategic expansion into t...

HOUSTON, Texas--(BUSINESS WIRE)--DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2026. The following are results for the three months ended March 31, 2026, compared to the three months ended March 31, 2025. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. First Quarter 2026 Financial Highlights: Sales increased 9.5 percent to $521.7 million compared to $476.6...

CANTON, Mass. & PHILADELPHIA--(BUSINESS WIRE)--Specialized Elevator (“Specialized”), a portfolio company of Berkshire Partners, and Wyatt Elevator (“Wyatt”) today announced their merger, expanding the nation’s largest independent, unionized elevator and escalator services company. The addition of Wyatt strengthens Specialized’s existing operations in the greater Philadelphia area. Wyatt, founded in 2012 by Dan Killion, Tom Killion, Billy Killion, and Bob Brumbach, has built a strong reputation...

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire Reap Technologies Holdings Limited ("Reap"), a leading stablecoin-native, card issuing and payments infrastructure company enabling global money movement, for up to $600 million payable in a mix of cash and Payward stock, in a transaction that values Payward’s equity at $20 billion. The acqui...

GREENWICH, Conn. & OXFORD, England--(BUSINESS WIRE)--Amulet Capital Partners (“Amulet”), a middle-market private equity investment firm focused exclusively on the healthcare sector, today announced the acquisition of TFP Fertility Group, one of the leading fertility care providers in the UK and Northern Europe, from Benefit Street Partners (BSP) – a Franklin Templeton company. Financial terms of the transaction were not disclosed. TFP operates an integrated network of 10 fertility clinics suppo...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) announced today that Mechanics Bank, a wholly owned subsidiary, has completed the previously announced sale of its Fannie Mae Delegated Underwriting and Servicing (“DUS®”) business line (“DUS Business”) to Fifth Third Bank, National Association (“Fifth Third Bank”) for aggregate cash consideration of approximately $126 million. Under the terms of the completed transaction, Fifth Third Bank acquired Mechanics Bank’s approxim...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) announced closing of a transaction to acquire Mechanics Bank’s Delegated Underwriting and Servicing (DUS®) business line, including an experienced lending team, and a $1.8 billion unpaid principal balance servicing portfolio. Fifth Third joins a group of just 24 lenders nationwide authorized by Fannie Mae to originate, underwrite, close, and service multifamily loans. Fifth Third is currently the ninth-largest U.S. bank, with appro...