Merger & Acquisition News

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of UK Abrasives, Inc. to GNPGraystar, a subsidiary of SurfacePrep. The acquisition closed May 9, 2025. Based in Northbrook, Illinois, UK Abrasives, Inc. is an advanced materials engineering company specializing in the manufacture and global distribution of electro-furnace-produced Boron Carbide (B4C) powders, Synthetic Diamond powders, Boro...

NASHVILLE, Tenn. & ANNISTON, Ala.--(BUSINESS WIRE)--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced today that they have received all regulatory approvals needed to complete the proposed merger of Southern States with and into FB Financial. “We’re pleased to have received swift regulatory approval for the merger between FB...

MIAMI--(BUSINESS WIRE)--Odyssey Aviation North America today announced its rebranding to Velocity FBO Network (“Velocity”), reflecting the company’s evolution to unify its North America operations and accelerate expansion under the new ownership of Tallvine Partners (“Tallvine”). This rebranding solidifies Velocity’s commitment to operational and service excellence as an independent fixed base operator (“FBO”) network in North America and supports a robust pipeline of FBO acquisitions. Nearly s...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance solutions, is pleased to announce the acquisition of Denver West Insurance Brokers, a respected independent insurance agency based in Golden, Colorado. Founded in 2003 by Tina Kiel, Denver West Insurance Brokers established itself as a trusted source of comprehensive personal and commercial insurance solutions, building a reputation for personalize...

CORONA, Calif.--(BUSINESS WIRE)--FirmaPak, a rapidly growing manufacturer of blow molded packaging solutions, announced today the acquisition of Lighthouse Packaging, a blow molder and decorator of plastic packaging solutions based in Corona, California. Founded by 30-year industry veteran, Ernie Hernandez, in 2015, Lighthouse Packaging offers stock and custom packaging solutions and in-house screen printing primarily for the personal care end market. This acquisition expands FirmaPak’s geograp...

INDIANAPOLIS--(BUSINESS WIRE)--USIC, LLC (“USIC”), a leader in underground utility damage prevention, has signed a definitive agreement to acquire substantially all of the public gas locating division of Heath Consultants, an industry leader in methane emissions management. This strategic move will enhance USIC’s service offerings in the gas locating space, as it continues to expand the breadth of its portfolio. The acquisition of this division will strengthen USIC’s position in providing utili...

SANTA ANA, Calif.--(BUSINESS WIRE)--HomeXpress Mortgage Corp. today announced that it has entered into a definitive agreement to be acquired by Chimera Investment Corporation...

VANCOUVER, British Columbia--(BUSINESS WIRE)--TELUS Digital Experience (TELUS Digital or the Company) (NYSE and TSX: TIXT), a leading global technology company specializing in digital customer experiences, today announced the receipt of an unsolicited non-binding proposal (the Proposal) from TELUS Corporation (TSX: T, NYSE: TU) to acquire 100% of the outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS Corporation for a purchase price of U...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, ("ELATEC") from Summit Partners for €330 million on a cash-free, debt-free basis. Allegion expects to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility. ELATEC is a leading manufacturer...

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a technology-first private aviation company, and M2i Global, Inc. (“M2i Global”) (OTCQB: MTWO), a developer of full-spectrum critical mineral supply chains, today announced the signing of a non-binding term sheet under which M2i Global will be acquired by Volato in a transaction that positions the combined company for scale, strategic capital access, and long-term growth. This transaction brings toge...