Merger & Acquisition News

SAN DIEGO--(BUSINESS WIRE)--Mitek has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection....

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG (Ultimate Kronos Group) has acquired EverythingBenefits, an end-to-end benefits technology solutions provider....

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Qualus Power Services (Qualus), a portfolio company of Mason Wells, on its sale to New Mountain Capital (New Mountain). Qualus is a leading provider of engineering and specialized technical field services to utility and private power grid infrastructure. The transaction was led by Drew Spitzer, Matt White, Ian Thomas, Thomas Saunders and Marshall Wills of the...

ONTARIO, Calif.--(BUSINESS WIRE)--GS Foods Group, Inc. (“GS Foods”), a leading specialized food distributor owned by affiliates of Highview Capital, LLC (“Highview”) and A&M Capital Partners (“AMCP”), today announced the acquisition of K-12 school foodservice distribution company, School Lunch Products, Inc. (“SLP”). The business combination will integrate GS Foods’ national nutrition expertise with a local operation to enhance SLP’s capabilities and commitment to customers. GS Foods encomp...

WASHINGTON--(BUSINESS WIRE)--The National Restaurant Association today announced it has taken a majority interest in Winsight Holdings, LLC, a leading market intelligence company that connects the restaurant, foodservice, convenience retailing and grocery industries through its portfolio of research, events, and industry news. Winsight will continue to operate as an independent entity, and its senior leadership team will remain in place to run Winsight operations. “Together the National Restaur...

JERSEY CITY, N.J. & MIAMI--(BUSINESS WIRE)--Imperial Dade, a leading distributor of food service packaging and janitorial supplies, today announced the acquisition of East Continental Supplies, LLC. (“EC Supplies”). The transaction represents the 35th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, CEO and President of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. Headquartered in Miami-Dade County, Florida, EC Supplie...

PARIS--(BUSINESS WIRE)--Regulatory News: Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has completed its acquisition of Ita Salud Mental from Magnum Capital, after obtaining the necessary regulatory and antitrust approvals. Ita Salud Mental is a group specialised in mental health with 39 facilities across Spain. Ita Salud Mental is the third largest player in Spain by number of beds or second largest by revenue, with a strong presence particularly...

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today commented on the updated offer from Blackstone Real Estate Partners and Starwood Capital Group to acquire Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”). Tarsadia continues to urge shareholders to Vote Against the proposed sale (the “Sale”) on the GOLD card at the Special Meeting scheduled for June 8, 2021. Tarsadia issued the following stateme...

MILAN, Italy--(BUSINESS WIRE)--Grundfos and De Nora announce that the parties have signed an agreement for De Nora to acquire 100% of the shares of ISIA S.p.A., including the intellectual property on chlorine dioxide generator technology. As part of the agreement, De Nora will also take over the competencies of ISIA’s highly experienced team of specialists. The transaction is expected to close within a short time. The acquisition represents a key opportunity for De Nora to leverage ISIA experti...

BOULDER, Colo.--(BUSINESS WIRE)--Zayo Group Holdings, Inc. today announced it has closed its acquisition of Indiana Fiber Network, LLC d/b/a Intelligent Fiber Network (IFN), a fiber connectivity provider serving multiple markets in Indiana. The acquisition adds more than 5,000 route miles of dense fiber with on-net connections to nearly 1,000 enterprise buildings in cities including Indianapolis, Fort Wayne, Columbus, Terre Haute and South Bend. “IFN brings to Zayo a high-quality network, a str...