Merger & Acquisition News

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares completed its previously disclosed acquisition of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”). As a leading real estate investment management firm, Black Creek has approximately 300 professionals operating across eight offices throughout the U.S. and approximately $11.6 billion of assets under management (“AUM”), as of M...

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has completed the acquisition of Benefit Strategies, LLC, a leading third-party administrator of health savings and spending accounts. Benefit Strategies provides administrative services for COBRA, direct billing, flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs) and other services to more than 3,400 employers and nearly 370,000 participant accounts thr...

LOS ANGELES--(BUSINESS WIRE)--EVgo Services, LLC (“EVgo”), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it has completed its previously announced business combination with Climate Change Crisis Real Impact I Acquisition Corporation (“CLII”). The transaction was unanimously approved by CLII’s Board of Directors and was approved at a special meeting of CLII stockholders on June 29, 2021. More th...

DULUTH, Ga. & CLEARWATER, Fla.--(BUSINESS WIRE)--Primerica Closes Previously Announced Acquisition of e-TeleQuote...

TEL AVIV, Israel--(BUSINESS WIRE)--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced it has completed the acquisition of Compass Minerals América do Sul S.A., which includes the South American Plant Nutrition business of Compass Minerals, for approximately US$420 million. The South American Plant Nutrition business is the leading specialty plant nutrition business in Brazil and offers a broad range of solutions for plant nutrition...

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced it has completed the sale of the company’s South America specialty plant nutrition business to a subsidiary of ICL Group. The successful transaction represents a significant step in Compass Minerals’ prioritization of core assets and, by strengthening its balance sheet, enhances the company’s ability to pursue potential strategic growth opportunities. Compass Mine...

BEVERLY, Mass.--(BUSINESS WIRE)--Easterly Investment Partners (EIP), an asset management company that partners with best-in-class boutique managers, announced today that it has completed its previously announced acquisition of Snow Capital Management L.P., a top-performing value equity manager. The partnership expands Easterly’s leadership in value investing, with a full range of complementary products available for institutional and retail investors. “The agreement with Snow Capital Management...

CINCINNATI--(BUSINESS WIRE)--ProAmpac, a leader in flexible packaging and material science, today announced that it has acquired Ultimate Packaging, a pioneer in flexographic and digitally-printed flexible packaging based in the United Kingdom. Terms of the transaction were not disclosed. Ultimate Packaging is one of the largest independent flexible packaging manufacturers in the U.K., specializing in the development of innovative packaging solutions to increase product shelf life, convenience...

WAYNE, Pa.--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, has acquired CIS Global LLC (“CIS” or the “Company”), a portfolio company investment of Guardian Capital Partners (“Guardian”). The transaction was a cash purchase price of approximately $200 million. Headquartered in Tucson, Arizona, CIS Global is a leading provider of mission-critical power distribution units (“PDU”) and server rack slides to the rapidly gr...

SAN DIEGO--(BUSINESS WIRE)--AbacusNext, a leading software provider for legal and accounting professionals, and Zola Suite, an award-winning native SaaS legal practice management software provider, today announced that the companies are combining to create the strongest portfolio of legal software solutions on the market. As part of this portfolio, customers will now have access to products including Zola Suite, AbacusLaw, Amicus Attorney, Office Tools, HotDocs and Abacus Payment Exchange (APX)...