Merger & Acquisition News

DENVER--(BUSINESS WIRE)--Ping Identity Holding Corp. (NYSE: PING) (“Ping Identity”), the Intelligent Identity solution for the enterprise, today announced that it has acquired SecuredTouch, a leader in fraud and bot detection and mitigation. By leveraging behavioral biometrics, artificial intelligence, machine learning, and deep learning, SecuredTouch provides identity, risk, and fraud teams unparalleled early visibility into potential malicious activity happening across digital properties. Thr...

BRENTWOOD, Tenn. & LOUISVILLE, Ky.--(BUSINESS WIRE)--LifePoint Health and Kindred Healthcare today announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. The combination of LifePoint Health and Kindred Healthcare will create a leading diversified healthcare delivery network with expanded services, resources, and expertise to grow and invest in community healthcare while advancing LifePoint’s mission of Making Communities Healthier. The transaction b...

PHILADELPHIA & LOUISVILLE, Ky.--(BUSINESS WIRE)--Gopuff acquires Liquor Barn, accelerating scale and cementing its leadership in the Instant Needs category....

NASHVILLE, Tenn.--(BUSINESS WIRE)--Mosaic Consulting Group, a long-time Ultimate Software partner focused on human capital management (HCM) support and service, announced today that they have entered into an acquisition agreement with Westward Consulting, a long-time Kronos partner focused on workforce management, that is expected to be completed on June 30th, 2021. Ultimate Software and Kronos merged in 2020 to create UKG (Ultimate Kronos Group), a leading global provider of HCM, payroll, HR s...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised an affiliate of H.I.G. Capital (H.I.G.) on its acquisition of CORA Health Holdings Corp. and its subsidiaries, doing business as CORA Physical Therapy (CORA). CORA is a leading operator of outpatient physical and occupational therapy clinics. The transaction was led by Andy Dixon of the Harris Williams Healthcare & Life Sciences (HCLS) Group. CORA is an o...

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that it has acquired Determined AI, a San Francisco-based startup that delivers a powerful and robust software stack to train AI models faster, at any scale, using its open source machine learning (ML) platform. HPE will combine Determined AI’s unique software solution with its world-leading AI and high performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning model...

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announced today that it has acquired the entirety of the assets of Marisat, Inc. d/b/a Auto Exchange, a provider of personal service and security in the salvage recovery industry, effectively taking over the business operations of Auto Exchange. IAA will operate the business of Auto Exchange going forward. Financial terms of the transaction were not disclosed. F...

LUXEMBOURG & NEW YORK--(BUSINESS WIRE)--Alter Domus, a fully integrated provider of fund administration, debt capital markets and corporate services backed by the Permira funds, today announced the acquisition of Investors Economic Assurance (IEA), a global leading provider of technology solutions and services to alternative investment managers. The Manhattan-based firm specializes in capital administration solutions including Limited Partners’ waterfall calculations and General Partners’ carri...

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, is providing an update on the pending business combination with RideNow and is reiterating its prior guidance. RumbleOn and RideNow are proposing to combine their businesses to create the first – and only – omnichannel powersport platform in the U.S., offering the fastest, easiest, and most transparent tr...

DELRAY BEACH, Fla. and TROY, Mich.--(BUSINESS WIRE)--Forum Merger III Corporation (Nasdaq: FIII, FIIU, FIIW) (“Forum” or the “Company”) and Electric Last Mile, Inc. remind stockholders to vote their shares in favor of the proposed business combination, which will result in Electric Last Mile Solutions, Inc. becoming a publicly listed company trading on the Nasdaq under the ticker symbol “ELMS.” Forum has mailed the definitive proxy statement relating to the special meeting of Forum stockholders...