Merger & Acquisition News

MEMPHIS, Tenn.--(BUSINESS WIRE)--American Trust Company (“American Trust”), a leading, full-service provider of retirement solutions to small- and mid-sized plan sponsors, has completed its asset acquisition of the LT Trust Company (“LT Trust”) following required regulatory approval. The transaction was first announced on June 24, 2021. Based in Denver, LT Trust provides open architecture 401(k) recordkeeping, outsourced retirement solutions, and other administrative plan solutions to approxima...

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), the middle market agency subsidiary of Marsh, today announced the acquisition of Vaaler Insurance, Inc., one of the largest independent agencies in North Dakota. Terms of the acquisition were not disclosed. Vaaler is a third generation family-owned business, providing business insurance, employee health and benefits, and personal lines solutions, with specialized expertise in the construction, education, and healthcare industries...

SOLON, Ohio--(BUSINESS WIRE)--Saint-Gobain Life Sciences announced today the acquisition of Equflow B.V., located in Oss, Netherlands. Equflow is a leading designer and provider of Flowmeters, produced for a broad range of commercial and industrial applications, primarily serving the single-use bioprocessing market. The acquisition expands Saint-Gobain’s product capabilities within its Bio-Process Solutions (BPS) business. “We are pleased to welcome Equflow into our organization and are excited...

EVANSTON, Ill. & ST. LOUIS--(BUSINESS WIRE)--Star Peak Corp II and Benson Hill announced registration statement effectiveness and a Sept. 28, 2021 Special Meeting to approve business combination....

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint Completes Acquisition of Conversocial...

FORT WORTH, Texas--(BUSINESS WIRE)--ECI Software Solutions has acquired Deacom, Inc., a provider of ERP software for batch and process manufacturers....

LIVONIA, Mich.--(BUSINESS WIRE)--Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”) today announced that it has entered into a definitive agreement to acquire Gibson Machinery, LLC, a privately held premium equipment distributor based in Oakwood Village, near Cleveland, Ohio. The acquisition expands Alta’s construction equipment footprint to 32 locations in eight states and adds several new original equipment manufacturing (OEM) partners. The family-owned Gibson Machinery offers a full-line of ind...

LONDON--(BUSINESS WIRE)--Cazoo (NYSE: CZOO), the UK’s leading online car retailer, which makes buying or selling a car as seamless as ordering any other product online, today announced that it has acquired Cazana, owner of one of the most comprehensive vehicle pricing datasets globally and one of the leading data insights platforms in the European automotive industry. Founded in 2012, Cazana has grown to a team of more than 50 staff including world-class data scientists and engineers headquarte...

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation has entered into a definitive agreement with AT&T to acquire its Vyatta virtual routing and switching technology....

DUBLIN--(BUSINESS WIRE)--Ding, the world’s largest mobile top-up service, is pleased to announce that it has agreed to sell a majority stake to Pollen Street Capital Private Equity (“Pollen Street”). Pollen Street Capital, a London-based, independent, alternative investment management company, will take a majority stake in the company, in partnership with a substantial investment from the existing founder Mark Roden. The transaction is expected to complete in September. Commenting on the announ...