Merger & Acquisition News

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a Simi Valley, California-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1947, Olympic primarily provides business insurance, employee benefits...

MORRISVILLE, N.C.--(BUSINESS WIRE)--The JF Group (JF), a national leader in fueling infrastructure, petroleum equipment distribution, service, general contracting, and construction services, is proud to announce the acquisition of Maverick Petroleum Services, a leading petroleum service contractor based in Arizona. Maverick Petroleum Services specializes in the installation, maintenance, and repair of petroleum handling equipment, Point-of-Sale (POS) systems, and environmental testing. As an Au...

CLEVELAND--(BUSINESS WIRE)--Everstream (the “Company”), a business-only fiber network, today announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for the sale of substantially all of its operations to Bluebird Fiber (“Bluebird”), a regional provider of fiber-based connectivity solutions for businesses. Following a robust auction process, Bluebird emerged as the winner with a prevailing bid of $384.6 million. “This approval sets the stage for...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Chartwell Resource Group Ltd. (“Chartwell”) and DWB Consulting Services Ltd. (“DWB”) are pleased to announce they will be joining forces to establish British Columbia’s leading multidisciplinary consulting firm specializing in environmental and resource management, GIS, engineering, and sustainable forest stewardship services for clients across the natural and built environment. The merger will expand collective capabilities, geographic coverage, an...

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS) today announced it has closed its acquisition of UScellular’s wireless operations — a big win for U.S. mobile and broadband consumers across the country. More than four million UScellular customers, including businesses, will soon get access to blazing fast speeds on the nation’s best network and have the opportunity to unlock value, new perks and savings on a T-Mobile plan. Plus, hundreds of thousands of households in UScellular’s footp...

HOUMA, La.--(BUSINESS WIRE)--CORTEC, an internationally established U. S. manufacturer of choke, valve and automation products, announced today that it has acquired Power Chokes™ – a long-standing, prominent manufacturer of chokes and pressure control equipment – from ADS Services, a Black Bay Partners portfolio company. This acquisition includes the Power Chokes manufacturing division and all intellectual property associated with legacy Power Chokes equipment. Established in 1988, Power Chokes...

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today its entry into a definitive agreement to be acquired by Machinify, a healthcare intelligence leader and portfolio company of New Mountain Capital, which has agreed to acquire Performant for approximately $670 million. Under the terms of the merger agreement, Performa...

DENVER--(BUSINESS WIRE)--Mercer Advisors acquires Family Wealth Planning Group & its affiliate Family Wealth Tax Advisory, a Naples, Florida-based wealth and tax planning firm...

DALLAS & DUBLIN--(BUSINESS WIRE)--LevelBlue, a global leader in cloud-based, AI-driven managed security services, today announced the completion of its acquisition of Aon’s (NYSE: AON) Cybersecurity and Intellectual Property (IP) Litigation consulting groups, including the renowned cybersecurity firm, Stroz Friedberg, and Elysium Digital. With this completion the consulting group will operate as Stroz Friedberg, a LevelBlue company. This strategic acquisition adds elite cyber and high-tech IP l...

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that it has acquired a 25-year lease with two five-year extension options for a 64,000 rentable square foot crime laboratory in Fort Myers, Florida (“FL – Fort Myers”). Th...