Merger & Acquisition News

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that it has entered into an agreement to acquire California-based Lion Semiconductor for $335 million in cash. This acquisition brings unique intellectual property and products for power applications in smartphones, laptops and other devices and accelerates growth of the company’s high-performance mixed-signal business. Lion is expected to be immediately accretive to GAAP and non-GAAP earnings per share, contribut...

HOUSTON--(BUSINESS WIRE)--Mesa Royalties II acquires mineral and royalties portfolio of acreage in the core of the Haynesville shale play...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Resource Label Group, LLC (RLG), a portfolio company of First Atlantic Capital (First Atlantic) and TPG Growth, on its sale to Ares Management Corporation (NYSE: ARES; Ares). RLG is a full-service provider of pressure sensitive labels, extended content, shrink sleeve and RFID/NFC technology for the packaging industry. The transaction was led by Patrick McNult...

ANNAPOLIS, Md.--(BUSINESS WIRE)--Thomas Park Investments (TPI) acquires its first Boston-area medical office building with the purchase of Merrimack Medical Center in Haverhill....

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank has entered into a definitive agreement to purchase PFM Asset Management LLC under its subsidiary, U.S. Bancorp Asset Management....

CALABASAS, Calif.--(BUSINESS WIRE)--PlanetArt® announced today that it has acquired Minneapolis-based I See Me!® from the McEvoy Group in a move that signals the company’s deepening commitment to custom children’s products. I See Me! publishes more than 60 personalized children’s books, as well as other products for children, each of which can be customized via its website with information such as a child’s name and birthday. The result is a finished product that builds both learning and confid...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today the acquisition of Strachota Insurance Agency, Inc., providing the 17th acquisition in the state of California. Strachota Insurance Agency is an independent agency that has been serving the Temecula and surrounding communities since 1931. Founded by Carol Strachota during the depression, the agency would eventually come into...

NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company (“Spartan”) (NYSE: SPRQ), today announced the business combination (the “Business Combination”) between Spartan and Sunlight Financial (“Sunlight”), a premier, technology-enabled point-of-sale financing company, was approved by Spartan’s stockholders, with the Business Combination supported by 97% of the shares of Spartan voted at the special meeting of Spartan stockh...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Resource Label Group, a leading label and packaging manufacturer, announced the completion of a merger agreement with Ares Management Corporation....

ROCHESTER, N.Y. & ATLANTA--(BUSINESS WIRE)--Pandion Optimization Alliance, a rapidly growing player in the Group Purchasing Organization (GPO) space, is acquiring New Source GPO to further bolster their strategic position in the market. Atlanta-based New Source GPO brings with them a reputation of dedicated service to their 12,000+ membership base in the Southeast as well as around the country. New Source Founder and CEO, Jacqueline Byrum, saw an opportunity to build a niche service for a vastl...