Merger & Acquisition News

EXTON, Pa.--(BUSINESS WIRE)--Innovative Aerosystems (NASDAQ: ISSC) today announced it closed the acquisition of the Moog (NYSE: MOG.A) S-TEC® Model 3100 general aviation fixed wing autopilot product line, further strengthening the company’s position as a leading provider of advanced avionics, flight control, and mission-critical aerospace systems for commercial, business, and military aircraft. The acquisition expands Innovative Aerosystems’ integrated flight control capabilities and enhances i...

RIDGEWOOD, N.J.--(BUSINESS WIRE)--Scale, a leading vertically integrated provider of advanced energy solutions, is pleased to announce the acquisition of Reload, a platform that sites, designs, and permits gigawatt-scale data center campuses paired with rapidly deployable on-site power infrastructure. The acquisition expands Scale’s growing data center business, adding Reload’s powered land development expertise, extensive grid-scale energy capabilities, and an advanced pipeline of data center...

DALLAS & NEW YORK--(BUSINESS WIRE)--Enhabit, Inc. (NYSE: EHAB), a leading national home health and hospice provider, today announced it has entered into a definitive agreement to be acquired by Kinderhook Industries, LLC (“Kinderhook”), a middle market private equity firm, in an all-cash transaction for a total enterprise value of approximately $1.1 billion. Under the terms of the agreement, Enhabit stockholders will receive $13.80 per share in cash, which represents a premium of approximately...

PRINCETON, N.J. & ESPOO, Finland--(BUSINESS WIRE)--IQM Finland Oy, a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), today announced they have entered into a definitive business combination agreement, which will result in IQM becoming a public company and listing American Depositary Shares on one of the two leading U.S. stock exchanges...

RESTON, Va. & COLUMBIA, S.C.--(BUSINESS WIRE)--Stanley Martin Homes, LLC (“Stanley Martin”) and United Homes Group, Inc. (NASDAQ: UHG) (“United Homes”) today announced that they have entered into a definitive agreement under which Stanley Martin will acquire United Homes in an all-cash transaction that represents an enterprise value of approximately $221 million. Under the terms of the agreement, United Homes shareholders will receive $1.18 per share in cash. The transaction is expected to clos...

FOSTER CITY, Calif. & REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced that it has entered into a definitive agreement to acquire Arcellx (Nasdaq: ACLX) for $115 per share in cash at closing and one contingent value right of $5 per share, which represents an implied equity value of $7.8 billion payable at closing. Arcellx is a biotechnology company focused on delivering a new class of innovative immunotherapies for patients with cancer and other incura...

FOSTER CITY, Calif. & REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced that it has entered into a definitive agreement to acquire Arcellx (Nasdaq: ACLX) for $115 per share in cash at closing and one contingent value right of $5 per share, which represents an implied equity value of $7.8 billion payable at closing. Arcellx is a biotechnology company focused on delivering a new class of innovative immunotherapies for patients with cancer and other incura...

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, announced today that it has acquired CPL (or the “Company”). Terms were not disclosed. Founded in 1975 and headquartered in Rochester, NY, CPL is a high growth provider of architecture, engineering, and consulting services for the built environment. As an integrated, multi-disciplinary firm offering 50+ services, CPL serves as a trusted advisor through the development, renovation, re...

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater”) today announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, “WSUT”) at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing debt (the “Transaction”). Strategic Rationale Strengthens Tidewater’s OSV position: WSUT’s fleet consists of 22 P...

FAIRFIELD, N.J.--(BUSINESS WIRE)--11:11 Systems (“11:11”), a leading managed infrastructure solutions provider, today announced the acquisition of Digital Sense, a prominent Brisbane-based, high-quality cloud and managed services provider previously owned by Aussie Broadband. Recent changes made by Broadcom to the VMware Cloud Service Provider (“VCSP”) ecosystem have optimised the number of authorised VMware partners. For Aussie Broadband, this industry shift coincided with the launch of their...