Merger & Acquisition News

SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in talent management software, today announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”), a leading private equity firm. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise valu...

ROCKLAND, Mass. and PEABODY, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (NASDAQ Global Select Market: INDB) (“Independent”), parent of Rockland Trust Company, and Meridian Bancorp, Inc. (NASDAQ Global Select Market: EBSB) (“Meridian”), parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders today, they each received the necessary shareholder approvals for the consummation of the merger pursuant to which Independent will acquire Meridi...

SAN FRANCISCO--(BUSINESS WIRE)--Zynga Enters Into Agreement to Acquire Mobile Game Developer StarLark, Team Behind the Hit Franchise, Golf Rival...

SAN FRANCISCO--(BUSINESS WIRE)--Zynga Closes Acquisition of Chartboost, a Leading Mobile Advertising and Monetization Platform...

BOSTON--(BUSINESS WIRE)--Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced that it has acquired Wingman Insurance. Wingman provides a tech platform for admitted Cyber and Tech E&O coverage in all 50 states and D.C., and will continue operation as an independent brand and offering. “The addition of Wingman into the Corvus fold represents a key milestone in the growth of our company,” said Phil Edmundson, founder and...

DALLAS--(BUSINESS WIRE)--Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, an outsourced IT and hardware provider of barcoding and data collection solutions to customers across North America, has acquired DBK Concepts Inc (“DBK”). Terms of the transaction were not disclosed. The acquisition of DBK marks Sole Source’s 10th investment in the automatic identification & data capture (AIDC) space. Sole Source has su...

NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and building services for a diverse range of businesses, announced that it has completed its acquisition of Quebe Holdings, Inc., (“Quebe”) headquartered in Dayton, Ohio. Quebe is a leading electrical services company providing preconstruction, construction, systems integration, and energy solutions in a variety of markets, includ...

LOS ANGELES--(BUSINESS WIRE)--Architect Equity (“Architect”) announced today that it has acquired The Mail Group (“TMG”) from bpost group (“bpost”). TMG is an asset-light third-party logistics provider (“3PL”) that offers full-service mail delivery solutions for critical mail, packets, parcels, and publications for US domestic and global destinations. Dionisio Lucchesi, Managing Director of Architect Equity, said, “We are pleased to complete the acquisition of TMG and we are excited to partner...

LONDON--(BUSINESS WIRE)--On 17 May 2021, Palace Bidco Oy (“WSIP Bidco”), a private limited liability company formed on behalf of, and indirectly wholly owned by, West Street Global Infrastructure Partners IV, L.P., announced a recommended public cash offer to the shareholders of Adapteo Plc (“Adapteo”), to tender all their shares in Adapteo to WSIP Bidco (the “Offer”). WSIP Bidco offers SEK 165 in cash per Adapteo share. An offer document concerning the Offer was made public on 23 June 2021 (th...

HOUSTON & TORONTO--(BUSINESS WIRE)--Peridot Acquisition Corp. ("PDAC") (NYSE: PDAC), today announced the results for the eight proposals considered and voted upon by its shareholders at its extraordinary general meeting on August 5, 2021. PDAC reported that all of the proposals related to the previously announced business combination agreement between PDAC and Li-Cycle Corp. (“Li-Cycle”) were approved by the PDAC shareholders at the extraordinary general meeting. A Form 8-K disclosing the full...