Merger & Acquisition News

ASHBURN, Va.--(BUSINESS WIRE)--ID Technologies LLC (“the company”), a mission-driven technology provider backed by The Acacia Group, announced today that it has acquired Attila Security, a leading developer of data security products with customers across the U.S. federal government. Attila Security will integrate with the company’s Archon secure solutions division, adding complementary product IP and technical capabilities, new customers and greater sales capacity to the Archon secure product p...

DALLAS--(BUSINESS WIRE)--Precision Restoration Services, a Generational Equity client, was acquired by Private Investors....

PALO ALTO, Calif.--(BUSINESS WIRE)--Embedded insurance pioneer, Setoo is announcing it is entering into a merger agreement with Pattern Insurance Services....

GREENVILLE, S.C. & BRENTWOOD, Tenn.--(BUSINESS WIRE)--United Community Banks, Inc. (NASDAQGS: UCBI) (“United”) and Reliant Bancorp, Inc. (NASDAQCM: RBNC) (“Reliant”) announced today the execution of a definitive merger agreement pursuant to which United will acquire Reliant, and its wholly-owned subsidiary, Reliant Bank (the “Merger”), in an all-stock transaction with an aggregate value of approximately $517 million, or $30.58 per share of Reliant common stock, based on United’s closing stock p...

MUMBAI--(BUSINESS WIRE)--KKR, a global investment firm, and Vini Cosmetics (“Vini” or “the Company”), a leading branded personal care and beauty products company in India, today announced the completion of KKR’s purchase of a majority stake in Vini. Following the conclusion of the transaction, Vini’s Co-Founders continue to hold a significant stake in the Company. Darshan Patel remains in his role as Chairman of the Board, while Dipam Patel has been appointed as Vice Chairman of the Board. Vini...

DURHAM, N.C.--(BUSINESS WIRE)--Aspida Holdings Ltd. (“Aspida”), an indirect subsidiary of Ares Management Corporation (“Ares”) (NYSE: ARES), announced today that it has closed on the acquisition of Global Bankers Insurance Group, LLC, a U.S. based insurance service provider and operations company (the “Company”). The acquisition is pursuant to the regulatory and court approved settlement agreement related to Aspida’s previously disclosed transaction with Pavonia Life Insurance Company of Michig...

TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) is pleased to announce that one of its wholly-owned subsidiaries has entered into an agreement to acquire the equity interests of Kamps Propane, Inc., High Country Propane, Inc., Pick Up Propane, Inc., Kiva Energy, Inc., Competitive Capital, Inc. and Propane Construction and Meter Services (collectively, “Kamps”) for an aggregate purchase price of approximately US $240 million (CDN $299 million) before adjustments for working...

TEMPE, Ariz.--(BUSINESS WIRE)--NortonLifeLock issued a 2.4 in response to recent news....

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged has completed its merger with one and is expected to commence trading on the NYSE on July 15, 2021, under ticker symbol "MKFG"....

LOS ANGELES--(BUSINESS WIRE)--Sandbridge Acquisition Corporation (NYSE: SBG) (“Sandbridge”) announced that its stockholders have approved all proposals related to the previously announced business combination (the “Business Combination”) with Owlet Baby Care Inc. (“Owlet”) at a special meeting of stockholders held on July 14, 2021. Approximately 92% of the votes cast at the meeting on the Business Combination proposal, representing approximately 79% of Sandbridge’s outstanding shares, voted to...