Merger & Acquisition News

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen (NYSE: BAH) today announced that it has entered into a definitive agreement to acquire Defy Security as a wholly owned subsidiary....

IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (Nasdaq: MASI) (“Masimo”), a leading global medical innovator, today announced that it has entered into a definitive agreement pursuant to which Danaher Corporation (NYSE: DHR) (“Danaher”) will acquire Masimo for $180.00 per share in cash, representing a total consideration of $9.9 billion (the “Transaction”). The Transaction has been unanimously approved by both Masimo’s Board of Directors and Danaher’s Board of Directors. Masimo will become...

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture, thereby, taking full ownership of the enterprise. Blue Bird will pay approx. $200 million for Girardin’s joint venture share, with 30% in cash and 70% in Blue Bird common stock. The transaction is expected to close in the first half of calendar year 2026, pending fulfillment of va...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced a definitive agreement to purchase substantially all the assets of Matrix Capital Markets Group, Inc., a market-leading advisory firm in the Downstream Energy & Convenience Retail sector, with additional expertise and proven success in the Automotive Aftermarket and Outdoor Recreation and Marine sectors. This transaction further strengthens Citizens’ sector-focused advisory capabilities. Founded in...

PLANTATION, Fla.--(BUSINESS WIRE)--NationsBenefits, the leading healthcare fintech and supplemental benefits platform, announced a new partnership with Kinney Drugs, a trusted, employee-owned pharmacy and retail chain serving communities across New York and Vermont. Through this integration, eligible health plan members will be able to use their NationsBenefits Benefits Mastercard® Prepaid Flex Card at participating Kinney Drugs locations to purchase eligible prescription (Rx) medications, OTC...

BEVERLY HILLS, Calif. & TORONTO, Canada--(BUSINESS WIRE)--Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson” or the “Company”) and Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”), today jointly announced that the Company has entered into a definitive agreement (the “Merger Agreement”) providing for Kennedy Wilson to be acquired, in an all cash-transaction, by an entity affiliated with a consortium led by William McMorrow, Chairman and Chief Executive Officer of the Company, and...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Excel Testing and Engineering Holdings LLC (“Excel”) by private equity sponsor Fusion Capital Partners. Founded in 2002, Excel supports customers through emissions, battery, durability, and specialty testing programs across the full product lifecycle, from pre-production validation to in-service compliance and certification. E...

PORTLAND, Ore.--(BUSINESS WIRE)--PacifiCorp today announced it has entered into an agreement with Portland General Electric Company (NYSE: POR) to sell its wind, natural gas generation and distribution assets and infrastructure in the state of Washington for $1.9 billion, subject to customary purchase price adjustments. The agreement outlines the sale of PacifiCorp’s assets, including the Chehalis thermal plant, Marengo wind facility, Goodnoe Hills wind facility and the distribution infrastruct...

LUXEMBOURG & WASHINGTON & LONDON & SINGAPORE--(BUSINESS WIRE)--Collective Defence today announces its formation following the combination of ITC Secure, a leading UK-based cybersecurity services firm and Microsoft Security Solutions Partner, and IronNet, a pioneer in collective defence and network detection technology. The company is headquartered in Luxembourg and operates from offices in the United States, United Kingdom, and Singapore. Collective Defence addresses one of the most pressing se...

LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, one of the leading alternative credit investment firms, announced today that its European Specialty Lending strategy led the financing to support the acquisition of Paragin, a leading provider of exam and assessment software, by U.K.-headquartered mid-market private equity firm ECI Partners from Main Capital Partners. Based in the Netherlands, Paragin delivers an integrated suite of software solutions that support high-stakes exa...