Merger & Acquisition News

MIAMI & TORONTO--(BUSINESS WIRE)--CI Financial has completed the previously announced acquisition of Budros, Ruhlin & Roe, a Columbus, Ohio-based RIA with $3.5 billion in assets....

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced an update on its business strategy acceleration and the company’s massive growth over the last year since its acquisition by Thoma Bravo, a leading software investment firm. “This year has been incredible on all fronts of the business, exceeding our expectations,” commented Adam Elster, CEO at Majesco. “The combined strength, knowledge and resou...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Wheelock Street Capital announced it has acquired The Ben - West Palm Beach, a 208-room Marriott soft-branded, luxury hotel located at 251 N Narcissus Avenue in West Palm Beach, FL. Purpose built in 2020 as Marriott Autograph Collection's first hotel in Palm Beach County, the 208-room property serves as the centerpiece of Flagler Banyan Square, a 435,000 square foot mixed-use lifestyle project. Conveniently located steps away from downtown West Palm Beach...

NEW YORK--(BUSINESS WIRE)--D.A. Davidson advises Informative Research in its sale to Stewart Information Services Corporation (NYSE: STC)....

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Convergint, a global leader in service-based systems integration, today announced the acquisition of Keyotel, a leading security integrator across Germany. As a result of this acquisition, Convergint will double its footprint across Germany, establish an office in Frankfurt, and further strengthen its service to global customers. Founded in 2009, Keyotel provides a wide range of services from design to installation and service of electronic security across Ger...

AACHEN, Germany & SHANGHAI--(BUSINESS WIRE)--MicroPort Scientific Corporation (hereinafter referred to as “MicroPort®”) announced on October 4th, 2021, through its critical care subsidiary, MicroPort Surgical B.V. (“MicroPort® Surgery”), has acquired 100% of the equity held by existing shareholders of Hemovent GmbH (hereinafter referred to as “Hemovent”) for a total cash consideration of up to €123 million. Upon completion of the acquisition, Hemovent will become a wholly owned subsidiary of Mi...

LA VERGNE, Tenn.--(BUSINESS WIRE)--JPW Industries, Inc. (“JPW”), a leading global designer, manufacturer and distributor of branded metalworking and woodworking equipment and specialty shop tools sold under the JET®, Powermatic®, Wilton®, Edwards®, Promac® and Baileigh® brand names, today announced it has acquired Axiom Tool Group® (“Axiom”). JPW is a Gamut Capital Management (“Gamut”) portfolio company. Terms of the transaction were not disclosed. Founded in 2014, Axiom is a leading marketer,...

SAN FRANCISCO & NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS) has acquired the New York and Tel Aviv based start-up Context-Based 4 Casting Ltd. (CB4) that uses cutting-edge AI and machine learning tools to transform retail operations, increase sales and improve the customer experience through predictive analytics and demand sensing. “We believe artificial intelligence and machine learning will shape the future of our industry. Gap Inc. has experience working with CB4’s wor...

DRACHTEN, Netherlands--(BUSINESS WIRE)--Packaging by Quadient, a leading provider of automated packaging solutions, rebrands to become Sparck Technologies....

LEXINGTON, Ky.--(BUSINESS WIRE)--Shiloh Industries, a portfolio company of MiddleGround Capital, acquires two US automotive facilities from Benteler...