Merger & Acquisition News

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (NYSE: SITE) announced today its acquisition of OakStreet Wholesale Nursery (“OakStreet”), a wholesale distributor of nursery products with one location in Fairview, Texas, a suburb within the Dallas-Fort Worth market. “This addition positions SiteOne as the nursery leader in the Dallas market,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “OakStreet is a tremendous wholesale nursery distributor with a strong and ex...

LUXEMBOURG--(BUSINESS WIRE)--SES S.A. announces that the SpaceRISE consortium, led by SES, has signed the Concession Contract with the European Commission to design, deliver, and operate the innovative, multi-orbit IRIS2 sovereign connectivity system for a period of 12 years, with the network expected to provide services from the beginning of 2030. Infrastructure for Resilience, Interconnectivity and Security by Satellite (IRIS2) will be European Union's (EU) preferred and trusted network to pr...

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, announced the completion of Bridgewater Bank’s acquisition of First Minnetonka City Bank (“FMCB”), effective December 13, 2024. “We are excited to welcome First Minnetonka City Bank’s team members and clients to Bridgewater as we demonstrate our unique culture, provide responsive service and simple solutions, and offer an enhanced suite of products and serv...

GREENWOOD VILLAGE, Colo. & CALGARY, Alberta--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “Vitesse,” or the “Company”) and Lucero Energy Corp. (TSXV: LOU, OTCQB: PSHIF) (“Lucero”) today announced they have entered into a definitive agreement under which Vitesse will acquire Lucero in an all-stock transaction with a fully diluted equity value of US$222 million. Under the terms of the agreement, Lucero shareholders will receive 0.01239 of a share of Vitesse common stock for each commo...

ATLANTA--(BUSINESS WIRE)--CargoSprint, a leader in innovative payments and workflow orchestration solutions for the cargo industry and a Lone View Capital portfolio company, announced today its acquisition of Advent Intermodal Solutions LLC (“Advent eModal”). Advent eModal is the world’s largest port community platform. This fully integrated, strategic combination will expand the breadth of global trade that CargoSprint facilitates, as well as enhance its existing solutions for air, sea and lan...

SINGAPORE--(BUSINESS WIRE)--GLAS completes its acquisition of Singaporean corporate, trust and funds service provider, WATIGA...

SACRAMENTO, Calif.--(BUSINESS WIRE)--McClatchy, a local news and information company, today announced the successful completion of its merger with accelerate360, a distribution, logistics, and media company. The new company will operate under the McClatchy Media Company (MMC) moniker. The new company combines McClatchy's essential local journalism, a360media’s engaging lifestyle and entertainment content, and accelerate360’s extensive retail distribution network. This merger establishes MMC as...

TOPEKA, Kansas--(BUSINESS WIRE)--Heritage Bancshares, Inc., the holding company of Heritage Bank, and Fidelity Kansas Bankshares, Inc., the holding company of Fidelity State Bank and Trust Company, have jointly announced today the signing of a stock purchase agreement whereby Heritage Bancshares, Inc. will acquire Fidelity State Bank and Trust Company. Following the closing of the transaction, Fidelity State Bank and Trust Company will be merged with and into Heritage Bank with Heritage Bank as...

SINGAPORE & NEW YORK--(BUSINESS WIRE)--EQT Private Capital Asia and PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1 property technology (“PropTech”) company, are pleased to announce the completion of the acquisition (the “Merger”) of PropertyGuru by BPEA Private Equity Fund VIII for USD 6.70 per share in cash in a transaction that values PropertyGuru at an equity value of approximately USD 1.1 billion. In connection with the closing, Property...

LOS ANGELES--(BUSINESS WIRE)--CIM Group, through CIM RACR, acquired District La Brea, 82,210 sf spread across collection of retail storefronts along La Brea Ave in LA....