Merger & Acquisition News

DENVER--(BUSINESS WIRE)--Pursuit Secures Full Ownership of High-Performing Glacier Park Subsidiary in Iconic Destination...

TINLEY PARK, Ill.--(BUSINESS WIRE)--Vehicle Management Solutions (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Dynamic Towing Holdings (“Dynamic” or the “Company”), one of the largest private-property impound towing operators in the City of Dallas and surrounding North Texas communities. The acquisition represents a significant step in VMS’ continued growth strategy for the Dallas–Fort Worth (“DFW”) metro area, following the acquisitions of...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Parker-Haskins Insurance, a trusted independent agency based in Dodge City, Kansas. Founded in 1986 by Doug Parker and Donna Haskins, Parker-Haskins Insurance grew from the ground up, establishing itself as a respected independent agency in Western Kansas. For nearly four decades, the firm has remained ded...

BETHESDA, Md.--(BUSINESS WIRE)--Employee Navigator is excited to announce the acquisition of Velocity Benefits’ AI-powered plan building software. Employee Navigator is also introducing two additional major AI features designed to transform benefits administration software. Acquisition of Velocity AI Plan Building Tool Velocity Benefits, a longtime partner to brokers on Employee Navigator, has developed a proprietary AI product that extracts plan configuration details from carrier quotes and in...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Savannah Cleaning Systems, Inc. to a Private Buyer. The acquisition closed September 12, 2025. Based in Savannah, Georgia, Savannah Cleaning Systems, Inc. is a woman and Native American owned business that provides high quality cleaning equipment and solutions for commercial and industrial clients across the region. They offer a wide ran...

LOS ANGELES--(BUSINESS WIRE)--The Pro Padel League (PPL) today announced that the Los Angeles Beat franchise has been fully acquired by Los Angeles Beat Partners, LLC. in a record-setting transaction. The deal also includes a strategic investment into the PPL, providing growth capital to support the league’s expansion, media reach, and commercial development. The transaction comes on the heels of the New York Atlantics franchise adding tennis star Frances Tiafoe to their cap table and further s...

STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN International ("HARMAN"), a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies for automotive, consumer, and enterprise markets, today announced it has completed the acquisition of Sound United, the former consumer audio business of Masimo Corporation (NASDAQ: MASI). Sound United’s portfolio of iconic audio brands includes Bowers & Wilkins, Denon, Marantz, Definitive Technology, Polk Audio, HEOS, Classé, and B...

IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced it has completed the previously announced sale of its Sound United consumer audio business to HARMAN International (“HARMAN”), a wholly-owned subsidiary of Samsung Electronics Co., Ltd. Katie Szyman, Chief Executive Officer of Masimo, stated, “The completion of the Sound United sale is an important milestone in our ongoing efforts to focus on our core professional healthcare business. With this chapter behind us, we are even...

DENVER--(BUSINESS WIRE)--AMP Robotics Corporation (“AMP”), a leading provider of high-technology sorting solutions for the waste and recycling industry, has acquired the Portsmouth operations of RDS of Virginia, LLC (“RDS Portsmouth”). RDS Portsmouth has been providing recycling services in South Hampton Roads since 2005. Since late 2023, AMP has operated an AI-powered AMP ONE™ system to cost-effectively process locally sourced municipal solid waste (MSW) in Portsmouth. The system is capable of...

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX), a global leader in railcar leasing, today announced that its subsidiary, GATX Rail Europe (GRE), has entered into an agreement to acquire approximately 6,000 railcars from DB Cargo AG, one of Europe’s largest rail freight operating companies. Under the agreement, GRE will acquire the railcars from DB Cargo and will then lease the railcars back to DB Cargo. The transaction is expected to close by the end of 2025, subject to customary regul...