Merger & Acquisition News

CHICAGO--(BUSINESS WIRE)--Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited (collectively, with their affiliated entities and subsidiaries, “AEM”) by Industrial Growth Partners (“IGP”). Headquartered in San Diego, CA, AEM is a leading designer and producer of high-quality, mission-critical passive circuit protection components for use acros...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Hunt Valve Company (Hunt Valve), a portfolio company of May River Capital, on its sale to Fairbanks Morse Defense (Fairbanks Morse), a portfolio company of Arcline Investment Management (Arcline). Hunt Valve designs and manufactures complex valves and electromechanical actuators that support critical system functions onboard key U.S. Navy platforms. The trans...

BALTIMORE--(BUSINESS WIRE)--ABR and Songy Highroads announce the acquisition of Atlanta multifamily portfolio....

BENGALURU, India--(BUSINESS WIRE)--Anthology and Blackboard to merge, creating a leading global provider of Education Software and Solutions....

NEW YORK--(BUSINESS WIRE)--Soaring Eagle Acquisition Corp. (the “Company” or “Soaring Eagle”) (Nasdaq: SRNGU, SRNG, SRNGW) announced today that its business combination (the “Business Combination”) with Ginkgo Bioworks, Inc. (“Ginkgo”) was overwhelmingly approved in a shareholder vote held this morning, with 75% of shareholders participating in the vote and 97% voting in favor of the combination. Upon the closing of the Business Combination (the “Closing”), Ginkgo Bioworks expects to receive $1...

DENVER--(BUSINESS WIRE)--ModivCare Inc. (“ModivCare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions focused on improving patient outcomes, today announced that the Company has completed its previously announced acquisition of Care Finders Total Care LLC (“CareFinders”), a personal care provider in the Northeast with a scaled presence in New Jersey, Pennsylvania, and Connecticut. The aggregate consi...

SEATTLE--(BUSINESS WIRE)--American Capital Group (“ACG”), today announced the acquisitions of 700 Broadway and Vantage Park, two multifamily communities located in Seattle’s Capitol Hill neighborhood, for a combined purchase price of $68,350,000. Both properties are centrally located in urban Seattle and are within walking distance to several of the city’s major employment centers, abundant amenities and educational and health care institutions. ACG will implement a capital improvement program,...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced that its Aqua Illinois subsidiary has acquired the wastewater system of the Village of Bourbonnais, which serves approximately 6,500 customer connections in Kankakee County, Ill., for $32.1 million. “At Essential, we are so proud to deliver safe, reliable services that improve quality of life for our customers in the communities we serve,” said Essential Chairman and CEO Christopher Franklin. “The Village of...

HURST, Texas--(BUSINESS WIRE)--This acquisition represents Fenix Parts' second location in Texas and is a key addition to its Southwest supply chain and distribution network....

MINNEAPOLIS--(BUSINESS WIRE)--Agiliti, Inc. (NYSE: AGTI) (“Agiliti” or “the Company”), an essential service provider to the U.S. healthcare industry, today announced that it has entered into a definitive agreement to acquire Sizewise Rentals, LLC, (“Sizewise”), a manufacturer and distributor of specialty hospital beds, surfaces and patient handling equipment, in a stock purchase transaction valued at $230 million or approximately 7.7x Adjusted EBITDA for the twelve months ended June 30, 2021. A...