Merger & Acquisition News

DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions consultant for privately held businesses, is pleased to announce the sale of ClearCourse Consulting to HR Path. The acquisition closed June 3, 2025. Based in Kannapolis, North Carolina, ClearCourse Consulting was founded in 2016 and has earned a strong reputation for delivering impactful Human Capital Management (HCM) system services. The firm specializes in assessments, im...

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of APSCO, LLC (“APSCO”). Founded in 1986, APSCO is headquartered in Redmond, Washington servicing Alaska, Colorado, Hawaii, Idaho, Montana, Oregon, Washington, and Wyoming and surrounding markets. APSCO is a leading manufacturer’s representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from...

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the Company) today announced that the Minnesota Public Utilities Commission (MPUC) voted unanimously to approve its acquisition by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP). With all required regulatory approvals secured, the transaction is expected to close in late 2025 following issuance of the MPUC’s written order. “We are grateful to the Minnesota Public Utilities Commission for t...

NEW YORK--(BUSINESS WIRE)--Stellex Capital Management (“Stellex”), a New York-based private equity firm with more than $5 billion in assets under management, today announced that it has acquired Crest Ultrasonics (“Crest” or “the Company”), a global industrial technology manufacturer with operations in the U.S., Europe and Asia. For more than 60 years, Crest has specialized in the design and production of advanced cleaning and welding equipment for a range of industry applications across health...

NEW YORK--(BUSINESS WIRE)--Minute Media, a leading global technology and sports content company has announced its acquisition of VideoVerse....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Farm Bureau Insurance Company of Idaho and its subsidiary, Western Community Insurance Company, collectively referred to as Idaho Farm Bureau, remain unchanged following an announced acquisition under which Mountain West Farm Bureau Mutual Insurance Company will merge into IFB Mutual Insurance Holding Compan...

BELLEVUE, Wash.--(BUSINESS WIRE)--Symetra completed its acquisition of Dearborn Group's life and disability business....

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the completion of its acquisition of Apera Asset Management (“Apera”). Apera is a pan-European private credit firm with over €5 billion in assets under management (“AUM”) as of September 30, 2025, providing senior secured private capital solutions to private equity-backed companies in Western Europe. With this closing, Franklin Tem...

NEW YORK--(BUSINESS WIRE)--Broadwood Partners, L.P. and its affiliates (collectively, “Broadwood”), holders of approximately 27.5% of the outstanding common stock of STAAR Surgical Company (“STAAR” or the “Company”) (NASDAQ: STAA), today announced that it has published a presentation outlining why stockholders should vote on Broadwood’s GREEN Proxy Card “AGAINST” the proposed acquisition of the Company by an affiliate of Alcon Inc. (NYSE: ALC) on the terms announced on August 5, 2025. The 81-pa...

LIMOGES, France--(BUSINESS WIRE)--Regulatory News: Legrand (Paris:LR) announces the acquisition of Avtron Power Solutions2 (Avtron). Based in Cleveland, Ohio (USA), Avtron is a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets, like datacenters, where reliable delivery of power is required. The company is expected to generate nearly $350 million in revenue in 2025, with high profitability. Avtron employs 600 people and operates five...