Merger & Acquisition News

MONTREAL & EDMONTON, Alberta--(BUSINESS WIRE)--Foodtastic acquires Central Social Hall, a Canadian premium casual dining and social hall brand known for its chef-driven menus, curated drinks, and community-focused hospitality. The move supports Foodtastic’s strategy of adding strong Canadian brands to its portfolio of banners and expanding into dining concepts that cater to both everyday occasions and social gatherings. Founded in 2012 by Jerry Rota and Jesse Kupina, Central Social Hall has enj...

MINNEAPOLIS--(BUSINESS WIRE)--United Aesthetics Alliance (“UAA” or the “Company”), a leading platform of plastic surgery practices and medical spa brands, today announced its partnership with LivSkin MedSpa | Laser (“LivSkin”), a medical spa industry leader in anti-aging products and procedures based in Minneapolis. The transaction represents a significant strategic acquisition that further strengthens UAA’s presence in the Minneapolis–St. Paul metropolitan area, complementing Edina Plastic Sur...

BUENOS AIRES, Argentina--(BUSINESS WIRE)--Visa (NYSE: V) today announced that it has entered into a definitive agreement to acquire Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina from Advent International. This strategic acquisition underscores Visa’s commitment to providing clients with the advanced capabilities and technologies that accelerate the adoption of innovative payment solutions for consumers and businesses across the country. Prisma provides credit...

BOSTON--(BUSINESS WIRE)--Integrated Pension Services (“Integrated Pension”), a retirement planning services firm supporting more than 500 companies, today announced that it has acquired BDS Consulting Group (“BDS”), a highly specialized retirement plan consulting firm serving more than 260 retirement plan clients nationwide. The transaction is inclusive of all client relationships and staff, and further strengthens Integrated Pensions’ retirement plan and workplace wealth capabilities. BDS brin...

MINNETONKA, Minn.--(BUSINESS WIRE)--BT Brands, Inc. (Nasdaq: BTBD) today announced that its proposed merger partner, Cincinnati-based Aero Velocity Inc., a leader in commercial drone operations and aerial robotics, has initiated a strategic alliance with Sanford, Florida-based SoftWash Systems, a pioneer and leader in environmentally responsible exterior cleaning solutions. Together, the companies are launching an integrated drone-washing solution to improve safety, efficiency, and sustainabili...

EXTON, Pa.--(BUSINESS WIRE)--Automated Financial Systems, LLC (“AFS” or the “Company”), a leading provider of commercial loan servicing and loan lifecycle management technology to the financial services industry, today announced that it has been acquired by OceanSound Partners (“OceanSound”), a growth-oriented private equity firm investing in technology and technology-enabled services companies serving highly regulated end markets. The acquisition will enable AFS to accelerate product innovatio...

INDIANAPOLIS--(BUSINESS WIRE)--HKW, a middle-market private equity firm focused on growth companies, has acquired Handling Systems and Conveyors, Inc. (“HSC”). HSC is a vertically integrated designer, manufacturer, installer and service provider of crane, hoist, conveyor and tooling solutions serving aerospace & defense, industrial manufacturing and transportation end markets. Founded in 1992, HSC provides engineered material handling systems and aftermarket services that support automation...

LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries. Inc. (NYSE: AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, announced today that it has acquired Eventscape, Inc., a globally recognized design and fabrication company known for delivering complex, design-driven architectural environments. Based in New York City and Toronto, Canada, Eventscape special...

SAN FRANCISCO--(BUSINESS WIRE)--Hims & Hers Health, Inc. (NYSE: HIMS), the leading health and wellness platform, today announced it has entered into a definitive agreement to acquire Eucalyptus, an international leader in digital health, accelerating the company’s ability to bring access to high-quality, personalized care to more people across the world. As its US business continues to grow, Hims & Hers will be well-positioned, upon closing of the acquisition, to expand into Australia a...

KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--Herzig Engineering (“Herzig”), a national electrical services firm focused on safety and compliance in electrified environments, announced the acquisition of Martin Technical, Inc. (“Martin”), a leading provider of lockout tagout, arc flash, electrical reliability and safety services. Herzig Engineering is backed by Copley Equity Partners (“Copley”). Financial terms were not disclosed. Jim Schuster founded Martin Technical in 2009 and has built the bu...