Merger & Acquisition News
Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.
Jul 22, 2021 at 9:15 AM
HFRI Acquires Leading Zero Balance Recovery Firm
CHICAGO--(BUSINESS WIRE)--Healthcare Financial Resources, a leader in healthcare AR recovery, acquires STAT Revenue, a provider of zero balance claims recovery services....
Jul 22, 2021 at 9:00 AM
Uber Freight to Acquire Transplace
SAN FRANCISCO & FRISCO, Texas--(BUSINESS WIRE)--Uber Freight and Transplace have entered into a definitive agreement for Uber Freight to acquire Transplace for approximately $2.25 billion, consisting of up to $750 million in common stock of Uber Freight’s parent company, Uber Technologies, Inc. (NYSE: UBER) and the remainder in cash. Uber Freight will acquire Transplace from TPG Capital, the private equity platform of alternative asset firm TPG. Uber Freight’s acquisition of Transplace will cre...
Jul 22, 2021 at 8:55 AM
Seabury Securities Advises Andera Partners and Bpifrance in Acquisition of MC2 Technologies
LONDON--(BUSINESS WIRE)--Seabury Securities has advised Andera Partners and Bpifrance in the acquisition of MC2 Technologies....
Jul 22, 2021 at 8:00 AM
Electric Motor Technology Company YASA Acquired by Mercedes-Benz
OXFORD, England--(BUSINESS WIRE)--Mercedes-Benz acquires UK company YASA. YASA will operate as a wholly owned subsidiary, developing ultra high-performance e-motors....
Jul 22, 2021 at 7:30 AM
Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering
BOSTON & LONDON--(BUSINESS WIRE)--Earnix acquires AI telematics provider Driveway Software's assets, including a state-of-the-art telematics app, to enhance its UBI/BBI offering....
Jul 22, 2021 at 7:30 AM
BTG Pactual’s Timberland Investment Group Acquires Two Funds from Olympic Resource Management
NEW YORK--(BUSINESS WIRE)--BTG Pactual’s Timberland Investment Group acquires two private equity timberland funds from Olympic Resource Management, a subsidiary of Rayonier Inc....
Jul 22, 2021 at 7:05 AM
Veritone to Acquire PandoLogic, Expanding AI Platform for Intelligent Recruitment
DENVER--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first operating system for artificial intelligence, announced it signed a definitive agreement to acquire PandoLogic, Inc, a leading provider of intelligent hiring solutions. Total consideration of $150 million on a cash and debt free basis, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. This values the transaction at approximately three times PandoLogic’s expected 2021 GAAP re...
Jul 22, 2021 at 6:45 AM
MarineMax Reports Record Fiscal 2021 Third Quarter Results
CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced results for its third quarter ended June 30, 2021. Revenue grew 34%, or over $168 million, to $666.3 million for the quarter ended June 30, 2021 from $498.3 million in the comparable period last year. Same-store sales grew 6% on top of a 37% increase in the comparable quarter last year. The overall revenue growth was driven by meaningful contributions from it...
Jul 22, 2021 at 5:00 AM
Visa to Acquire Currencycloud
LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial consideration will be reduced by the outstanding equ...
Jul 22, 2021 at 4:00 AM
Valamis Announces Acquisition of The Working Manager to Redefine Internal Career Development
JOENSUU, Finland & LONDON--(BUSINESS WIRE)--Valamis, the global leader in workforce development has announced the acquisition of The Working Manager, a leader in career mobility technology....
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