Merger & Acquisition News

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)--Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination...

FAIRFIELD, Ohio--(BUSINESS WIRE)--DNA Diagnostics Center (“DDC”), announced today the definitive agreement to be acquired by Eurofins, a publicly traded, global laboratory testing business. This transaction follows a successful partnership between DDC and GHO Capital (“GHO”), the European specialist investor in global healthcare. DDC is a multichannel, global leader in consumer-focused DNA testing, offering best in class DNA lab and testing services across a range of sectors including family re...

TORONTO & WAYNE, Pa.--(BUSINESS WIRE)--CI Financial has agreed to acquire Radnor Financial Advisors, a wealth management firm serving families in the Philadelphia region....

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. The all-cash transaction, valued at CAD$135.4 million, is expected to close in Q3 upon obtaining required regulatory approvals. Upon transaction close, Maximus will join the PST se...

LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings Announces Agreement to Acquire up to 40% of the current equity in Adtech Pharma, Inc., an innovative biotech targeting glaucoma...

CUPERTINO, Calif. & NEW YORK--(BUSINESS WIRE)--Plus (formerly Plus.ai) (“Plus”) today announced the confidential submission on Friday, June 25 with the U.S. Securities and Exchange Commission (the “SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“Hennessy Capital”), a publicly traded special purpose acquisition company (or SPAC). The Registration...

LUXEMBOURG--(BUSINESS WIRE)--Eurofins Scientific (“Eurofins”), a global scientific leader in bioanalytical testing, announces that its subsidiary Eurofins Clinical Testing US Holdings, Inc. has entered into an agreement to acquire DNA Diagnostics Center (“DDC”), a leader in consumer genetic testing. DDC anticipates delivering revenues of over US$55m in 2021. DDC is one of the most highly accredited genetic-testing laboratories in the world and was founded on the premise that the technological a...

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, signed yesterday the acquisition of a minority stake in Jive Investments, the largest independent alternative investment manager in Brazil, offering credit recovery, real estate, and other distressed asset strategies. XP's investment will allow Jive to accelerate its growth, while the partnership represents another step in X...

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE: SWI) (“SolarWinds”), a leading provider of powerful and affordable IT management software, today announced that its Board of Directors has established July 12, 2021 as the record date (the “Record Date”) and July 19, 2021 as the anticipated distribution date (the “Distribution Date”) in connection with the previously announced potential spin-off of its MSP business into a standalone, separately-traded public company named N-able, Inc...

AUSTIN, Texas--(BUSINESS WIRE)--ESO acquires Emergency Reporting...