Merger & Acquisition News

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies to acquire Farrar Scientific....

SAN FRANCISCO & Remote-First-Company / ST. LOUIS--(BUSINESS WIRE)--TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded special purpose acquisition company, today announced that it expects all conditions to be met, including minimum cash proceeds, to complete its previously announced business combination with Nerdy, a leading platform for delivering live online learning. Based on the number of public shares submitted for redemption, the transaction is expected to raise more than $575 mil...

CHELMSFORD, Mass. & CAESAREA, Israel--(BUSINESS WIRE)--ZOLL® Medical Corporation, an Asahi Kasei company that manufactures medical devices and related software solutions, and Itamar™ Medical Ltd. (Nasdaq and TASE: ITMR), a medical device and digital health company focused on the integration of sleep apnea diagnosis into the cardiac patient care pathway, today announced that the two companies signed a definitive agreement under which ZOLL Medical will acquire all outstanding ordinary shares of I...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the KCS Board of Directors determined that CP’s revised proposal constitutes a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”). The KCS Board of Directors made this determination after consultation with the Company’s outside legal and financial advisors. Under the terms of CP’s proposal, each share of KCS common sto...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Pacific Enterprise Bancorp (OTC: PEBN) to BayCom Corp (NASDAQ: BCML). Under the terms of the proposed transaction, shareholders of Pacific Enterprise will receive only 1.0292 shares of BayCom for each share of Pacific Enterprise that they own. KSF is seeking to determine whether this consideration and the proc...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Bonney Plumbing, Electrical, Heating and Air (Bonney), a home services company headquartered in Rancho Cordova, CA, announced it has acquired the award-winning HVAC company, Big Air Heating & Air Conditioning (Big Air), based in Concord, CA. Under the partnership, Bonney will provide support to Big Air and its team as they continue to operate locally under their brand. The partnership with Big Air expands Bonney’s territory currently covering eight count...

NEW YORK--(BUSINESS WIRE)--RugsUSA, a leading e-commerce provider of area rugs and home décor products, announced today that Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, has signed a definitive agreement to make a growth investment in the business. As part of the transaction, Comvest Partners, an operationally-focused private investment firm, will sell its majority position to Francisco Partners and retain a minority stake in th...

CHICAGO--(BUSINESS WIRE)--An affiliate of Walton Street Capital, L.L.C. (“Walton Street”) announced that it has acquired a 180-unit garden-style community located at 3736 Glencoe Street in the Lower Greenville pocket of Dallas, TX (“Gentry” or the “Property”). Built in 2015, the property features a mix of studio, one-, and two-bedroom apartments that are currently 97% leased. Unit amenities include granite countertops, stainless-steel appliances, balconies and private yards on select units, and...

MONTREAL--(BUSINESS WIRE)--Valnet Inc. (or “Valnet”) has successfully completed the acquisition of MovieWeb.com and TvWeb.com (together known as “MovieWeb”), from WatchR Media, Inc. Throughout the years, MovieWeb has consistently maintained its status as a premiere online destination for movie and television show enthusiasts, providing the latest news and information on casting and development, release dates, trailers, interviews, and clips. As per WatchR Media, Inc. Chairman and president, Bra...

ST. LOUIS--(BUSINESS WIRE)--Manna Pro® Products has agreed to acquire Dinovite, Inc., an online retailer of premium whole food supplements & wellness products for dogs & cats....