Merger & Acquisition News

TORONTO--(BUSINESS WIRE)--DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U, TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) announced today that its board of trustees (the “Board”) has completed its strategic review process (the “Strategic Review”) and has entered into an arrangement agreement (the “Arrangement Agreement”) with an affiliate of Morgan Properties, LP (“Morgan Properties”) which is headquartered near Philadelphia PA, pursuant to which Morgan Properties will acquire...

NEW YORK--(BUSINESS WIRE)--On August 19, 2025, Portsmouth, VA-based TowneBank (NASDAQ: TOWN)(KBRA Senior Unsecured Debt rating: A-/Stable Outlook) announced a definitive acquisition agreement with Raleigh, NC-based Dogwood State Bank, (OTC: DSBX, "Dogwood", $2.4 billion assets, $2 billion deposits) in an all-stock deal valued at $476.2 million (or $25.04/share of DSBX common stock, based on TOWN’s 15-day average closing stock price of $35.77 on August 18, 2025), reflective of a price to TBV of...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of CL Driving School, LLC to Sonoran Desert Institute. The acquisition closed July 23, 2025. Based in Indian Trail, North Carolina, CL Driving School, LLC is dedicated to helping individuals launch successful careers in truck driving through fast, flexible, and affordable CDL training. With campuses in both Indian Trail and Charlotte, the s...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Clari today announced its inclusion in the annual Inc. 5000 list for the fourth consecutive year. This list is the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful companies within the economy’s most dynamic segment — its entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, and Oracle. The Most Comprehensive Revenue AI Dataset Enterpris...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Community Management Holdings ("CMH") today announced the acquisitions of HOAMCO (Phoenix, AZ) and Alamo Management Group (AMG) (San Antonio, TX), two established regional community management operators. These acquisitions mark the next phase in CMH’s strategic growth, building on the November 2024 acquisition of CCMC and reinforcing the company’s position as a national leader in community association management. With these additions, CMH has expanded its foo...

CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, a technology platform built on crypto, today announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based pioneer of no-code, natural-language trading automation. Founded in 2015, Capitalise.ai developed a natural-language platform that transforms everyday text into executable trading strategies. Its proprietary language model and big data infrastructure can ingest real-time and historical data across equities, crypto, FX, fut...

CINCINNATI--(BUSINESS WIRE)--Fifth Third (Nasdaq: FITB) today announced its acquisition of DTS Connex, a leader in cash management software solutions for multi-location businesses such as retailers, restaurants and healthcare providers. The acquisition adds expanded capabilities in cash logistics offerings, infrastructure and risk management to Fifth Third’s Commercial Payments business. DTS Connex’s technology solutions address the complex and complicated needs of clients seeking to increase e...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--L Squared Capital Partners is pleased to announce that its portfolio company, BTX Precision (“BTX” or the “Company”), has acquired High Tech Solutions LLC (“HTS”), a Kansas City based precision manufacturer of aerospace components serving the commercial, business jet, and space end markets. The acquisition marks BTX’s 10th transaction since the platform’s inception, further cementing its position as the nation’s most trusted provider of advanced build-to-...

LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) today announced it has signed a definitive agreement for certain existing Guess? shareholders (collectively, the “Rolling Stockholders”), including Maurice Marciano, Paul Marciano, Nicolai Marciano, and Carlos Alberini and certain of their respective trusts, foundations and affiliates, to enter into a strategic partnership with Authentic Brands Group LLC (“Authentic”), under which, in connection with the take-private transaction, Authentic...

TAMARAC, Fla.--(BUSINESS WIRE)--Sonny’s acquires WashMetrix to boost Quivio ecosystem with advanced data integration, real-time analytics, and enterprise-grade performance insights....