Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--TWO and CrossCountry Mortgage, LLC Announce Amended Merger Agreement...

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income applicable to common stockholders of $239.3 million, or $1.50 per diluted share, for the quarter ended March 31, 2026, compared to $220.4 million, or $1.30 per diluted share, for the quarter ended March 31, 2025. First quarter 2026 results include Transaction expenses, strategic restructuring costs, and a benefit related to the FDIC spec...

BRISBANE, Calif.--(BUSINESS WIRE)--CareDx, Inc. (Nasdaq: CDNA) — The Transplant Company™, a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has entered into a definitive agreement to acquire Naveris, a commercial stage precision oncology diagnostics company with a highly differentiated and Medicare-reimbursed, blood‑based monito...

NEW YORK--(BUSINESS WIRE)--HOK has acquired ROSSETTI, a Detroit-based architecture firm recognized nationally for its sports venue design and renovation work. The merger strengthens HOK’s position as one of the world’s leading sports, recreation and entertainment design practices. The combined firm will operate as HOK + ROSSETTI during the integration. ROSSETTI’s team, led by Matt Rossetti, FAIA, LEED AP, will continue to operate from Detroit—a market where HOK has long sought a physical presen...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Arnold & Smith Insurance Agency, Inc. This strategic acquisition expands Inszone’s footprint into the Pacific Northwest, bringing two key locations in Belfair and Shelton, Washington into the organization. Founded in 1970 by Mel Arnold and Don Smith, Arnold & Smith Insurance Agency, Inc. has been a...

MIAMI & RIO DE JANEIRO--(BUSINESS WIRE)--I Squared Capital (“I Squared”), a leading independent global infrastructure investment manager, today announced that it has agreed to acquire Elea Data Centers (“Elea”), one of the largest carrier-neutral data center platforms in Brazil. Elea operates a nationwide network of nine interconnected data center campuses across Brazil including São Paulo, Rio de Janeiro, and Brasília, serving a diversified base of enterprise and hyperscale customers, with ove...

MIAMI--(BUSINESS WIRE)--Consertus, Inc., a portfolio company of RTC Partners, today announced the acquisition of Laceco, an architecture, engineering, and planning consultancy headquartered in Beirut, Lebanon. Founded in 1988, Laceco brings more than three decades of experience across planning, architecture, engineering, and project and construction management, further advancing Consertus’ presence in the Middle East and North Africa (MENA). Laceco is among the region’s largest consultancies of...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Daiichi Life Group, Inc. (Daiichi Life, TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital (Genstar), a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare industries, to acquire Obsidian Insurance Holdings, Inc. and its aff...

SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) — the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms — today announced the completion of its acquisition of Semrush Holdings, Inc., a leading brand visibility platform, enhancing its ability to offer businesses more capabilities to drive discoverability and conversion as AI interfaces and agents become a primary way for customers to discover, evaluate and enga...

DAYTON, Ohio--(BUSINESS WIRE)--LION Safety Solutions has acquired Turnout Maintenance Company, a Los Angeles-area verified Independent Service Provider (ISP)....