Merger & Acquisition News

BERLIN--(BUSINESS WIRE)--SIGNA Sports United (SSU), the leading sports e-commerce and tech platform, today announced a binding agreement to acquire Tennis Express, a leading online tennis retailer in the United States. The closing of the acquisition is subject to certain conditions. Together with the acquisition of Midwest Sports that closed in April, SSU and its global leading tennis destination Tennis-Point have now established a leading online tennis platform in the U.S. The two acquisitions...

SAN ANTONIO--(BUSINESS WIRE)--Avisto Capital Partners merges Eddye Dreyer and The Resource Group to form PetroLedger, form nationwide oil & gas accounting outsourcing company....

SAN FRANCISCO & NEW YORK & LONDON--(BUSINESS WIRE)--Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, announced today the combination of TradingScreen, a provider of trading execution and order management software, and Imagine Software, a real-time risk and compliance software platform. The combined company, TS Imagine, will be a dynamic end-to-end trading and portfolio management software platform for connecting the investment manag...

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Velocity Clinical Research (Velocity), a portfolio company of NaviMed Capital (NaviMed), on its sale to Global Healthcare Opportunities, or GHO Capital Partners LLP (GHO). Velocity is a leading integrated site organization for clinical trials. The transaction was led by Paul Hepper, Nick Owens, Lucas Scholl, Katie Bowden and Jonathan Ferrell of the Harris Wil...

PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable One”) today announced the completion of its acquisition of the remaining equity interests in Hargray Acquisition Holdings, LLC (“Hargray”) that it did not already own. Hargray is a leading facilities-based regional communications provider serving nearly 125,000 residential and business customers in 14 markets across Alabama, Florida, Georgia and South Carolina. Hargray offers gigabit-capable services to approximatel...

DALLAS--(BUSINESS WIRE)--Swanson Fire Protection and Residential & Commercial Fire Protection, both Generational Equity clients, were acquired by Baymark Partners....

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced the successful completion of its acquisition of Auth0, a leading identity platform for application teams. Together, Okta and Auth0 address a broad set of digital identity use cases, providing secure access and enabling everyone to safely use any technology. The stock transaction, valued at approximately $6.5 billion, will accelerate Okta’s growth in the $80 billion identity marke...

STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a shareholder of Hilton Grand Vacations Inc. (“HGV” or the “Company) (NYSE: HGV), sent an open letter notifying HGV shareholders it intends to vote against the Company’s proposed acquisition of Diamond Resorts International, Inc. (“Diamond”) from Apollo Global Management, Inc. (“Apollo”). Land & Buildings today also released a presentation outlining...

WEST DES MOINES, Iowa--(BUSINESS WIRE)--Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) and FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that they have agreed to amend their previously-announced definitive merger agreement, dated January 11, 2021. Pursuant to the amended definitive agreement (the “Merger Agreement”), FBPCIC increased the offer price to acquire all of the outstanding shares of FBL Financial Group Class A and Clas...

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it has completed its acquisition of Returnly, a leader in online return experiences and post-purchase payments. “We are excited to welcome Returnly’s talented team to the Affirm family as we grow our network of consumers and merchants,” said Max Levchin, founder and CEO of Affirm. “We have demonstrated how Affirm can accelerate g...