Merger & Acquisition News

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports” or “the Company”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has entered into a definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions. This acquisition combines two of the world’s most innovative sports data and technology companies to crea...

SAN JOSE, Calif.--(BUSINESS WIRE)--Bill.com to Acquire Divvy, a Leader in Spend Management for SMBs...

LOVELAND, Colo. & PALO ALTO, Calif.--(BUSINESS WIRE)--Lightning eMotors, a leading provider of commercial electric vehicles for fleets, and GigCapital3, Inc. (“GigCapital3”), today announced that they are completing their previously announced business combination. The business combination was approved by GigCapital3 stockholders on April 21, 2021. This closing happens less than a year after GigCapital Global closed the GigCapital3 SPAC IPO on May 18, 2020. The combined company has changed its n...

NEW YORK--(BUSINESS WIRE)--Veritas Capital (“Veritas”), a longstanding investor in companies operating at the intersection of technology and government, today announced that an affiliate of Veritas has completed its previously announced acquisition of Perspecta Inc. (NYSE: PRSP) ("Perspecta"), a leading U.S. government services provider, in an all-cash transaction valued at $7.1 billion. Perspecta will combine with Peraton, a portfolio company of Veritas and a leading provider of trusted and hi...

NEW YORK--(BUSINESS WIRE)--On the 7th day of April 2021, Terra Energy and Resource Technologies Inc and Purestone US INC entered into a Binding LOI for the merger between the two companies, with the Merger Agreement and Share Exchange Agreement expected to be completed in May 2021. The Agreement is subject to various conditions, including satisfactory due diligence, as well as the approval of shareholders of the Companies. Following the merger, the current shareholders of Terra Energy and Resou...

ATLANTA--(BUSINESS WIRE)--Americold Realty Trust (NYSE: COLD) (the “Company”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the first quarter ended March 31, 2021. Fred Boehler, President and Chief Executive Officer of Americold Realty Trust, stated, “We are proud of the progress we have made integrating our recent acquisitions into our global pl...

ORANGE, Conn.--(BUSINESS WIRE)--Public Utility Commission of Texas Approves AVANGRID Merger with Texas-New Mexico Power Company...

PHILADELPHIA & LONDON--(BUSINESS WIRE)--Gopuff today announced that it has acquired UK-based Fancy, marking its entrance into international markets...

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc., a leading provider of construction management software, today announced it has acquired INDUS.AI, makers of an artificial intelligence-powered analytics platform for the construction industry. This acquisition adds computer vision capabilities to the Procore platform, helping owners, general contractors, and specialty contractors realize greater efficiencies, safety, and profitability. Terms of the transaction are not being discl...

MARLBOROUGH, New Zealand & SONOMA COUNTY, Calif.--(BUSINESS WIRE)--Winery and brewery automation software has a new owner....