Merger & Acquisition News

HOUSTON--(BUSINESS WIRE)--WhiteWater Express Car Wash (“WhiteWater”), an express car wash platform with over 40 locations headquartered in Houston, acquired Tulsa Express Car Wash (“Tulsa Express”) in Tulsa, Oklahoma on May 5th. This is the 3rd WhiteWater location in the Tulsa MSA and WhiteWater expects to continue its growth in this region. As part of the acquisition, WhiteWater will be onboarding all Tulsa Express employees. WhiteWater will continue to offer its signature unlimited membership...

MINNEAPOLIS--(BUSINESS WIRE)--Self Esteem Brands (SEB), the parent company of Anytime Fitness, The Bar Method, Basecamp Fitness and Waxing the City, with a mission to improve the self-esteem of the world, has acquired Stronger U, a digital, personalized nutrition-based health coaching services brand, for an undisclosed amount. The acquisition makes SEB the only global fitness corporation to directly invest in and offer consumers personalized nutrition-based health coaching services. Stronger U...

GREENVILLE, S.C.--(BUSINESS WIRE)--Acquisition of Dallas-based technology company, Autoscale.ai...

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Alira Health is pleased to announce the acquisition of CROS NT, a data-driven Contract Research Organization (CRO) headquartered in Italy....

LOS ANGELES--(BUSINESS WIRE)--InRule Technology, an OpenGate Capital portfolio company, acquires simMachines...

MOUNDS VIEW, Minn.--(BUSINESS WIRE)--MultiTech Acquires Radio Bridge, a designer and manufacturer of long-range wireless sensors for the IoT industry using the LoRaWAN® wireless standard....

NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management, LP, a credit-oriented investment management firm overseeing approximately $25 billion in total assets, is pleased to announce that it has acquired the U.S. direct lending platform of CVC Credit. Terms of the transaction were not disclosed. As part of the agreement, Sound Point has hired a team of nine investment professionals from CVC Credit who together manage a portfolio of approximately $1 billion of assets. The team primarily provid...

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the "Company") announced today that it has agreed to sell Transtar, LLC to an affiliate of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) (“FTAI”) for $640 Million. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions including receipt of certain regulatory approvals. Upon completion of the sale, U. S. Steel will recognize key stra...

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (Nasdaq: THCB) (“Tuscan Holdings”) announced today that it filed a revised preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the proposed business combination with Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles. The Company set the close of business on June 21, 2021 as the record date for the determination of stockholder...

LOS ANGELES & LAKEWOOD, Colo.--(BUSINESS WIRE)--Angeles Equity Partners Acquires Primus Aerospace...