Merger & Acquisition News

MIAMI--(BUSINESS WIRE)--El Car Wash, the largest car wash company in South Florida, accelerated its expansion with the acquisition of three Motor City Car Wash locations in Palm Beach County. El Car Wash now has twelve operating locations and a development pipeline throughout Miami-Dade, Broward and Palm Beach Counties that will result in over 25 opened stores in the next year. “We are thrilled to partner with David Daszkal and the extremely talented Motor City team to expand our presence north...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab” or “the Company”), a global leader in launch and space systems, and Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”), a special purpose acquisition company backed by leading technology investor Vector Capital, today announced that the two companies will participate in a webinar hosted by SPACInsider on Wednesday, April 14, 2021 at 2:00pm ET to discuss Rocket Lab and Vector’s proposed merger. The webinar for this eve...

SEATTLE--(BUSINESS WIRE)--Rainier Partners has acquired Calpine Containers, Inc., one of the largest West Coast packaging distributors serving the agriculture industry....

LONDON--(BUSINESS WIRE)--Technical Airborne Components (“TAC”, “the Company”), a leading designer and manufacturer of rods and struts for the aerospace industry, is pleased to announce that Searchlight Capital Partners (“Searchlight”), a leading global private investment firm, has entered into a definitive agreement to acquire the Company from TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG). TAC is one of the leading European players in the rods and struts market with a presence in...

ORLANDO, Fla.--(BUSINESS WIRE)--ASC Expands Offering into New Industry End Markets...

SINGAPORE & MENLO PARK, Calif.--(BUSINESS WIRE)--Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months. The proposed transactions value Grab at an initial pro-forma equi...

CALGARY, Alberta & KANSAS CITY, Mo.--(BUSINESS WIRE)--Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today made a filing with the Surface Transportation Board (“STB”) asserting their right to have the STB review their combination under a waiver the STB granted to KCS in 2001. The filing was made in response to objections to the application of the KCS waiver that were filed with the STB by competitors and others. The STB granted KCS, the...

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) announced today that the U.S. Securities and Exchange Commission has declared effective the Form S-4 Registration Statement concerning the pending acquisition of FLIR Systems, Inc. (NASDAQ:FLIR). Both Teledyne and FLIR have scheduled special meetings for each company’s respective stockholders to approve matters related to the acquisition on May 13, 2021. Teledyne also announced today that it received antitrust...

SAN DIEGO & BOSTON--(BUSINESS WIRE)--Resilience continues expansion with acquisition of biologics manufacturing company Ology Bioservices....

IRVINE, Calif.--(BUSINESS WIRE)--Creative Solutions, a division of The Vitec Group plc (LSE: VTC), is pleased to announce the acquisition of Lightstream....