Merger & Acquisition News

LIVINGSTON, N.J. & AUSTIN, Texas--(BUSINESS WIRE)--CoreWeave (NASDAQ: CRWV), the AI Hyperscaler™, and Core Scientific (NASDAQ: CORZ), a leading data center infrastructure provider, today announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific...

EAST AURORA, N.Y.--(BUSINESS WIRE)--Moog Inc. Announces Acquisition of COTSWORKS Inc....

GENEVA--(BUSINESS WIRE)--Alcon to Acquire LumiThera and its Photobiomodulation Device for the Treatment of Early and Intermediate Dry Age-Related Macular Degeneration (AMD)...

SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--Hospitality Solutions, a leading hospitality technology provider, today announced the completion of its previously announced acquisition by TPG, a leading global alternative asset management firm. The completion of the transaction marks the next chapter for Hospitality Solutions as a standalone company with greater operational focus, agility, and resources as the core technology platform for hotels globally. Additionally, Hospitality Solutions...

MINNEAPOLIS--(BUSINESS WIRE)--Izzi Software, a leading provider of innovative enterprise software solutions, is pleased to announce the acquisition of Chicago-based CNX Corporation, a technology company specializing in accelerating app development for users of IBM Power Systems. This strategic move marks a significant milestone for Izzi as it expands its capabilities and offerings into the IBM Power ecosystem. The company launched in 2024 in the IBM Z sphere with the acquisition of Virginia-bas...

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Moores Pump & Services, Inc. (“Moores”). Founded in 1972, Moores is headquartered and operates in Broussard, Louisiana, servicing the Gulf Coast region of the U.S. Moores is a leading provider of products and services including fabrication and repairs of rotating equipment and pumping systems. DXP funded the acquisition with cash from the balance sheet. “We are pleased to...

DENVER--(BUSINESS WIRE)--Royal Gold to Acquire Sandstorm Gold & Horizon Copper and Reinforce Position as a Leading North American Gold-Focused Streaming and Royalty Company...

NEW YORK & ST. LOUIS--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) announced today that it has entered into a definitive agreement to acquire ElmTree Funds (“ElmTree”), a net-lease real estate investment firm with $7.3 billion in total assets under management as of March 31, 2025. Upfront consideration will be paid primarily in stock, with the potential for additional consideration subject to ElmTree performance over the next five years. Additional financial details were not disclosed. Founded...

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that it has entered into a definitive agreement to acquire Frauscher Sensor Technology Group GmbH (“Frauscher”), a global market leader in train detection, wayside object control solutions and axle counting systems. The acquisition positions Wabtec for accelerated, profitable growth, and further strengthens the Company’s Digital Intelligence business by adding highly attractive and complementary railway signaling techno...

SYDNEY--(BUSINESS WIRE)--TH Global Capital, an award-winning global boutique investment bank with a presence in 13 countries, has closed four high profile deals in the first four months of 2025, including the sale of The Missing Link to Infosys for 120 million AUD. This marks its tenth cross border transaction in Australia over the past 18 months, cementing its position as the mid-market M&A boutique investment bank of choice in Australia and New Zealand. Sale of The Missing Link to Infosys...