Merger & Acquisition News

ST. LOUIS & BILLINGS, Mont.--(BUSINESS WIRE)--Enterprise Financial Services Corp (“Enterprise”) (NASDAQ: EFSC) and First Interstate BancSystem, Inc. (“First Interstate”) (NASDAQ: FIBK) have announced the signing of a purchase and assumption agreement by their respective wholly-owned subsidiaries, Enterprise Bank & Trust and First Interstate Bank, pursuant to which Enterprise Bank & Trust will acquire twelve branches from First Interstate Bank. The acquisition consists of two separate fr...

MINNEAPOLIS--(BUSINESS WIRE)--Actus Nutrition (“Actus”), a leading vertically-integrated nutritional ingredients manufacturer and portfolio company of Butterfly Equity (“Butterfly”), today finalized an agreement to purchase a 99,000 sq. ft. processing facility from Foremost Farms USA (“Foremost Farms”). The facility, located in Sparta, WI, currently manufactures whey protein products, which Actus will continue producing at the location. As part of the deal, Actus and Foremost Farms will begin a...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for Wheeler Fleet Solutions (“Wheeler” or the “Company”), a leading aftermarket truck parts distribution company based in Somerset, Pa. The Financing supported the acquisition of the Company from VSE Corpor...

OWATONNA, Minn.--(BUSINESS WIRE)--Wenger Corporation, a leading provider of high-quality equipment and solutions for performing arts, music education, and athletic storage, is pleased to announce the acquisition of Creative Conners, Inc., a trusted innovator in stage automation technology based in Cranston, Rhode Island. This strategic acquisition expands Wenger’s capabilities in the performing arts sector and reinforces its commitment to providing integrated, world-class solutions for performa...

SAN FRANCISCO--(BUSINESS WIRE)--Upwind, a next-generation cloud security provider, announced today its first-ever acquisition, Nyx Security, an embedded cybersecurity startup....

HACKENSACK, N.J.--(BUSINESS WIRE)--Smartlinx, a leading provider of workforce management solutions for senior care organizations, has acquired StafferLink, a provider of contingent staffing management software for the healthcare industry. StafferLink’s cloud-based Vendor Management System (VMS) and Agency Staffing Management (ASM) software products were purpose-built for healthcare facilities, agencies and managed service providers (MSPs) to source, manage and pay their contingent workforce. In...

DARMSTADT, Germany--(BUSINESS WIRE)--Merck KGaA, Darmstadt, Germany (DAX: MRK), a leading science and technology company, and SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a Stamford, Connecticut-based commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, today announced the companies have entered into a definitive agreement for Merck KGaA, Darmstadt, Germany, to acquire SpringWorks. The purchase price of $47 per share in cash represents an equity value of appr...

HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors (“Diamond” or “the Company”), today announced that it will no longer be moving forward in the transaction process with Alliance Entertainment. “Diamond Comic Distributors has pivoted to alternative, exceptionally well-known purchasers who are excited to partner with us. These companies have strong balance sheets and, importantly, unmatched presence and experience in our core industries,” said Diamond Chief Restructuring Officer Rober...

ZURICH & EVANSVILLE, Ind.--(BUSINESS WIRE)--Amcor plc (“Amcor”) (NYSE: AMCR, ASX: AMC) and Berry Global Group, Inc. (“Berry”) (NYSE: BERY) today announced the European Commission (EC) has granted unconditional approval under the EU Merger Regulation for the previously announced combination of the two companies, satisfying the final regulatory clearance required. In accordance with the merger agreement, this enables the companies to complete the remaining steps towards closing. The transaction i...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Denmark Sausage Co. dba Denmark Foods/Arizona Fresh to Premium Brands. The acquisition closed March 3, 2025. Located in Peoria, Arizona, Denmark Sausage Co., was founded in 1987 and is a leading provider of fresh sausages and meats, serving grocers and food service companies across Arizona. The company offers high-quality products, deliv...