Merger & Acquisition News

SILVER SPRING, Md.--(BUSINESS WIRE)--CuriosityStream Inc. (NASDAQ: CURI), the leading global factual streaming service and media company, announced today it has acquired One Day University, which provides access to more than 500 engaging talks and lectures from the best professors at more than 150 colleges and universities in the United States. The acquisition complements and enhances CuriosityStream’s offering of premium factual content and provides additional long-term revenue and promotional...

TUCKER, Ga.--(BUSINESS WIRE)--GMS Inc. (NYSE: GMS), a leading North American specialty distributor of interior building products, today announced that it has entered into a definitive agreement to acquire substantially all the assets of Westside Building Material (“Westside”), one of the largest independent distributors of interior building products in the U.S., for $135 million in cash. Founded in 1935 and headquartered in Anaheim, CA, Westside is a leading supplier of steel framing, wallboard...

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2021. Executive Summary (vs. First Quarter of 2020 where applicable): Net sales increased 12.4% to $505.1 million, driven by the Crisco acquisition and continued strong base business net sales Diluted earnings per share decreased 6.8% to $0.41 Adjusted diluted earnings per share1 increased 13.0% to $0.52 Net income decreased 4.3% to $26.9 million Adjusted net income1 inc...

SEOUL, South Korea--(BUSINESS WIRE)--Centroid Investment Partners LC (“Centroid”), a Seoul-based private equity firm, announced today that it has signed a definitive agreement to acquire the TaylorMade Golf Company, Inc. (“TaylorMade”) from KPS Capital Partners, LP. Financial terms of the transaction have not been disclosed. Established in 1979, TaylorMade is a leading global manufacturer of golf equipment, balls, bags and accessories with a #1 or #2 market position in most of its key categorie...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of personal and commercial lines insurance, announced today the acquisition of Williams Insurance Service, Inc, providing the sixteenth acquisition in the state of California. Williams Insurance Service, Inc dates back to 1937, when it was originally established by Bill Hatch, one of Twentynine Palms’ most notable pioneers. As the operation flourished, subsequent owner Don Williams put his mark,...

NEW YORK--(BUSINESS WIRE)--Future plc, the global platform for specialist media, announces the acquisition of Marie Claire US...

SAN FRANCISCO--(BUSINESS WIRE)--CircleCI, the leading continuous integration and continuous delivery (CI/CD) platform, today announced the acquisition of release orchestration platform, Vamp. Combining Vamp’s industry-leading release orchestration capabilities with CircleCI’s robust CI/CD platform will be transformative for engineering teams amid a growing need for increased change validation in the industry. CircleCI has helped engineering teams automate software delivery at scale for nearly a...

TAMPA, Fla.--(BUSINESS WIRE)--Ardurra Group has acquired Infrastructure Engineering Corporation (IEC), an engineering and construction management firm based in California....

ATLANTA--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial, retail and hospitality industries, today acknowledged that Cardtronics shareholders held their meetings on May 7, and in excess of 99% of the shares voted at the meetings were voted in favor of the transaction with NCR. The transaction is expected to close in mid-year 2021, subject to receipt of regulatory approvals and satisfaction of customary closing conditions, one of which was...

NEW YORK--(BUSINESS WIRE)--Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equity’s focus on the role of value creation in a successful investment strategy, and accelerated by the firm’s 2018 investment from FFL Partners. As part of its ambitions to further s...