Merger & Acquisition News

BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that it has acquired the non-licensed assets of WDKA-TV (Paducah, KY) and KBSI-TV (Cape Girardeau, MO), with an option to acquire all the licensed assets of the stations. Under the terms of the agreement, Sinclair will provide WDKA and KBSI with services including programming, technical, and management. About Sinclair: Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company own...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly expanding national provider of commercial, personal, and benefits insurance, is excited to announce the acquisition of McFarland Commercial Insurance Services, Inc., a highly respected agency based in Redding, California. Founded in 2002 and purchased in 2006 by Dave McFarland, McFarland Commercial Insurance Services has consistently provided specialized commercial insurance solutions with a strong focus on contractors a...

LOS ANGELES--(BUSINESS WIRE)--Generous Brands, a Butterfly portfolio company and a leader in premium refrigerated beverages offering the Bolthouse Farms, Evolution Fresh and SAMBAZON brands, today announced it has signed a definitive agreement to acquire Health-Ade, a fast-growing leader and innovator in kombucha tea beverages, from private equity firms First Bev and Manna Tree Partners (“Manna Tree”), who will also continue on as minority shareholders in Generous Brands. Generous Brands is a l...

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--TSG Consumer, a leading private equity firm specializing in consumer brands, today announced it has signed a definitive agreement to acquire PHLUR, a modern fragrance brand recognized for its emotion-led storytelling and accessible positioning. Chriselle Lim, Creative Director, will continue in her role and retain a meaningful stake alongside Ben Bennett’s The Center, a renowned beauty accelerator that partnered with PHLUR in 2021. Prelude Growth Pa...

SAN FRANCISCO & OAKLAND, Calif.--(BUSINESS WIRE)--San Francisco Federal Credit Union, a leading financial institution with seven branches in San Francisco and San Mateo Counties, and Summit Bank, a respected community bank serving the East Bay since 1982, jointly announced today that they have entered into a definitive agreement whereby San Francisco Federal Credit Union will purchase substantially all the assets and liabilities of Summit Bank in an all-cash transaction. This strategic move, th...

PRAGUE & TORONTO & LONDON & HONG KONG--(BUSINESS WIRE)--Adastra Group SE (“Adastra”), a leading global IT consultancy and services provider specializing in AI, data and cloud transformations today announced that Global investment firm Carlyle (NASDAQ: CG) has agreed to acquire a majority stake in the Group. Completion of the acquisition is subject to standard regulatory approvals in several jurisdictions. Founded in 2000 with headquarters in Prague, Czech Republic and Toronto, Canada, Adastra s...

ASHBURN, Va.--(BUSINESS WIRE)--Excel Courier acquires Quick Messenger Service, expanding courier footprint in DC metro region and strengthening time-critical logistics....

LOS ANGELES--(BUSINESS WIRE)--BLP acquires fully leased 332K SF Class A industrial portfolio in Inland Empire West, as it targets top-tier assets in high-barrier gateway markets....

DENVER--(BUSINESS WIRE)--Fennemore, one of the nation’s fastest-growing Am Law 200 firms, is joining forces with Denver-based Galvanize Law, a leading construction law boutique, effective October 1, 2025. This move expands Fennemore’s construction capabilities across the Western U.S., reinforcing the firm’s longstanding presence in Colorado and deepening its commitment to serving clients in an industry marked by complexity, innovation, and opportunity. “Construction is one of the most dynamic s...

DALLAS--(BUSINESS WIRE)--Lincoln Property Company (“Lincoln”), a global full-service real estate firm, today announced the strategic acquisition of Gatski Commercial, a commercial real estate services firm based in Las Vegas. The acquisition adds approximately 13 million square feet of leased and managed real estate to Lincoln’s business, bringing its total property management and leasing portfolio in Nevada to over 20 million square feet. Founded in 1993, Gatski Commercial is one of the larges...