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 Pecos Propane, Inc. to an Undisclosed Buyer. The acquisition closed April 16, 2025. Located in Pecos, New Mexico, Pecos Propane, Inc. was established to offer a local alternative for propane services in the Pecos and Rowe area. Backed by over 71 years of experience in the propane industry through the Pacheco family, the company proudly s...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Fusion Capital Partners (“Fusion”), a private investment firm specializing in engineered products and services within the industrial sector, today announced it has acquired Relevant Industrial, LLC (“Relevant”), a leading provider of industrial equipment and engineered solutions, from LKCM Headwater Investments (“LKCM”). Fusion will hold majority ownership in the company with LKCM remaining as a minority partner. Terms of the transaction were not disclosed...

MIAMI--(BUSINESS WIRE)--Ardurra Group Inc. (Ardurra) announced today the acquisition of Cannon & Cannon, Inc. (CCI), a full-service civil engineering firm headquartered in Knoxville, Tennessee. Ardurra, ranked #75 on Engineering News-Record’s (ENR) Top 500 list, is known for delivering complex engineering and design services to public and private entities across the United States. Founded in 1996, CCI is the largest engineering firm of licensed professional engineers headquartered in Knoxvi...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Landscape Workshop (the “Company”), a full-service grounds maintenance provider for commercial properties across the Southeastern U.S., announced today that an Ares Private Equity fund (“Ares”) has acquired a majority stake in the Company. Through this transaction, Landscape Workshop will gain additional capital to expand its regional footprint, scale through new strategic acquisitions, and drive customer growth while continuing to deliver quality and professi...

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) today announced it has completed its previously disclosed acquisition of Grover Gaming’s charitable gaming assets for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four-year revenue-based earn-out of up to $200 million cash. “Grover Gaming has established itself as a leader in the fast-grow...

ANNAPOLIS JUNCTION, Md.--(BUSINESS WIRE)--Defense tech leader Vibrint acquires AI, cloud, and cyber innovator Ampsight to build national security footprint, broaden mission solutions....

MONHEIM AM RHEIN, Germany--(BUSINESS WIRE)--OQ Chemicals becomes Oxea, marking a new era of innovation, growth and excellence under new ownership by Strategic Value Partners and Blantyre Capital...

MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced that it has completed its acquisition of Discover Financial Services. “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences to consumers, businesses, and merchants,” said Richard D. Fairbank, Founder and CEO of Capital One. “I am particularly grateful for the leadership and partnership of Discover’s Board of Directors...

SOMERVILLE, Mass.--(BUSINESS WIRE)--As previously announced on May 14, 2025, Carlyle (NASDAQ: CG) (“Carlyle”), SK Capital Partners, LP (“SK Capital”) and bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird”), have amended their definitive agreement pursuant to which Carlyle and SK Capital will purchase all of the outstanding shares of bluebird. The parties have issued the following updated instructions for stockholders to tender their shares into the offer. Updated Instructions for Stockholders: Contr...

IRVING, Texas--(BUSINESS WIRE)--Rocktop Technologies has acquired Incenter Capital Advisors, expanding its MSR market reach....