Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Lee Equity acquisition of Alliance Corp....

SAN DIEGO--(BUSINESS WIRE)--FCS Express expands the flow cytometry solutions within the Insightful Science platform, enabling world-class data-driven scientific research....

ORLANDO, Fla.--(BUSINESS WIRE)--ASC acquires AYPO and expands eLearning platform for professional training and education solutions to regulated end markets...

BOSTON--(BUSINESS WIRE)--Battery Ventures, a global, technology-focused investment firm, announced it has acquired Goodfellow, a specialist supplier of high-quality materials for research and development, prototyping and specialized manufacturing. Terms of the transaction were not disclosed. Headquartered in Cambridgeshire, UK, Goodfellow has subsidiaries in China, France, Germany and the United States to serve its global customer base. Customers include advanced manufacturers, government resea...

NAMPA, Idaho & BOSTON--(BUSINESS WIRE)--Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, announced today that it has acquired a majority interest in House of Design LLC (the “Company”), a leading provider of robotic automation systems and software for the residential construction market. THL’s investment will strengthen House of Design’s existing capabilities and provide capital and resources for future growth investments. House of Design’s co-f...

PHOENIX--(BUSINESS WIRE)--CMI ACQUIRES SYSTEMS 3...

PERTH, Australia & PITTSBURGH--(BUSINESS WIRE)--Roy Hill announced the purchase of Wabtec’s (NYSE: WAB) FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul locomotive for the region and the mining industry. “We are committed to transforming the next generation of transportation by adopting advanced technologies that improve energy efficiency, lower operating costs and improve our rail and mining network,” said Gerhard Veldsman, CEO of Roy Hill. “The FLXdrive...

SINGAPORE & MENLO PARK, Calif.--(BUSINESS WIRE)--Grab Holdings Inc., Southeast Asia’s leading superapp, today announced financial results for the quarter ended June 30, 2021. The company posted record Gross Merchandise Value and Adjusted Net Sales of $3.9 billion and $550 million respectively. Total revenue was $180 million, up 132% year-over-year (“YoY”). Adjusted EBITDA for Q2 2021 was $(214) million and Net Loss was $(815) million. Grab’s planned business combination with Altimeter Growth Co...

BURLINGTON, N.C.--(BUSINESS WIRE)--Labcorp (NYSE: LH), a leading global life sciences company, today announced that it has closed its acquisition of select operating assets and intellectual property (IP) from Myriad Genetics’ autoimmune business unit, including the Vectra® rheumatoid arthritis (RA) assay. Earlier this year, Labcorp entered into a definitive agreement to acquire Myriad’s Vectra test, related IP and other RA assets, bolstering its scientific leadership in rheumatology. Specific t...

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the Aloft Portland, Maine...