Merger & Acquisition News

LONDON--(BUSINESS WIRE)--Soho Square Capital confirms its portfolio company Netomnia has announced an agreement to be acquired by InfraVia, Liberty Global & Telefónica....

MIAMI--(BUSINESS WIRE)--duPont REGISTRY Group (dRG) has acquired a majority stake in Elferspot, the leading marketplace for pre-owned and classic Porsche sports cars. Each year, more than 13,000 Porsche sports cars are listed on Elferspot, generating over $400 million in annual seller-reported sales value originating from buyer leads on the platform—a figure that continues to grow, with 35% share of activity driven by the United States market. Founded in Austria in 2017 by Porsche enthusiast Ma...

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Groundworks®, North America’s leading and fastest-growing foundation and water management solutions company, announced today its acquisition of WTX Foundation Repair, a trusted provider in Amarillo, Texas, serving communities across West Texas and Albuquerque, New Mexico. The acquisition marks the company’s first expansion into New Mexico and continues Groundworks’ expansion in the Southwest. “WTX Foundation Repair gives us a strong platform to extend our T...

NEW ORLEANS & NEW YORK--(BUSINESS WIRE)--Vivace International Corporation (“Vivace” or the “Company”), a leader in mission‑critical propulsion tanks and aerospace systems, today announced that an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global alternative investment firm, has completed the full acquisition of the Company. Cerberus initially made a strategic growth investment in Vivace in 2024 and has partnered with the Company to strengthen its engineering and manufacturin...

FOSTER CITY, Calif.--(BUSINESS WIRE)--Incorta acquires Layout.dev to deliver full-stack Agentic AI, combining live enterprise data and no-code workflows for intelligent applications....

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports” or “Genius”) today issued a letter to shareholders from Mark Locke, CEO and Co-Founder. Dear Shareholders, Why We Acquired Legend The market's reaction to our acquisition of Legend has been divided. That has happened before when we made transformative deals. When we entered official data rights agreements, the economics were questioned. When we signed our long-term partnership with the NFL, many doubted the...

LUXEMBOURG & DENVER--(BUSINESS WIRE)--Centralis Group (“Centralis” or “the Group”), a leading global alternative asset and corporate services provider, today announced it has acquired PINE Advisor Solutions (“PINE”), a U.S.-based provider of compliance, fund officer, and distribution services to asset managers. The transaction creates a multijurisdictional, high-touch fund services platform for local and global asset managers. This transformative transaction extends Centralis’ reach to the U.S....

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that Hoyt Jensen & Associates, an independent wealth management firm based in the Phoenix metropolitan area, has joined Undefined Gridlines, Inc. (“UGLI”), an office of supervisory jurisdiction (OSJ) under Osaic. Led by financial advisors Justin Hoyt and Jason Jensen, the team was previously affiliated with Ameriprise Financial and oversees approx...

LANSING, Mich.--(BUSINESS WIRE)--Adams Outdoor acquires digital billboard assets in Charlotte and Virginia, expanding its Southeast footprint and entering the Richmond–Petersburg DMA....

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Acquires VoltStorage GmbH Intellectual Property and Assets to Advance Flexible Long-Duration Energy Storage...