Merger & Acquisition News

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 Get Benefits Insurance Services, Inc., a leading insurance agency based in Ventura County, California. This strategic partnership strengthens Inszone's presence in California and expands its capabilities in group benefits and multiple lines of insurance. Founded in 2007 by Tim Kanter, Get Benefits Insuranc...

PLANO, Texas--(BUSINESS WIRE)--Upbound Group, Inc. (“Upbound” or the “Company”) (NASDAQ: UPBD), a technology and data-driven leader in accessible and inclusive financial products that address the evolving needs and aspirations of underserved consumers, today announced it has entered into a definitive agreement to acquire Brigit, a leading financial health technology company, for total consideration of up to $460 million consisting of cash and shares of Upbound common stock. This transaction is...

DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE: KOS) notes today’s announcement by Tullow Oil plc (“Tullow”) (LSE: TLW) regarding a potential transaction involving Tullow and Kosmos and confirms that it is in very preliminary discussions with Tullow regarding a possible all-share offer by Kosmos for Tullow. There can be no certainty that any offer will be made, nor as to the terms on which any offer might be made. Pursuant to Rule 2.5 of the Code, Kosmos reserves...

PITTSBURGH--(BUSINESS WIRE)--Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S. Steel Mon Valley Works Clairton Plant in support of the Nippon Steel transaction. Represented and non-represented employees, along with community members and local elected officials, will gather to reinforce their support for the transaction. They will again call on officials across the nation to recognize the significant benefits this transaction holds for em...

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today announced that Midway Wealth Partners (“Midway”) has joined its network. Summit’s innovative partnership model Summit Growth Partners (“SGP”) has strategically invested in Midway, bringing its total strategic investments to 17 for the year. Midway...

LONDON & SEATTLE--(BUSINESS WIRE)--Tenpoint Therapeutics, Limited (“Tenpoint”) and Visus Therapeutics, Inc., (“Visus”) announce today the completion of their merger to create an entirely new chapter in ophthalmic therapeutic medicines aimed at rejuvenating the aging eye. The merger brings together a late-stage, potentially best-in-class, presbyopia-correcting eye drop, BRIMOCHOL™ PF, on track for NDA filing in 1H, 2025, with a promising pipeline of innovative therapeutics. The merger unites a s...

NAMUR, Belgium--(BUSINESS WIRE)--Sunrise, a leader in proprietary sleep disorder diagnostics technology, today announced plans to bring sleep care to the United States through telehealth services and online-based solutions. The company has acquired Dreem Health, a California-based sleep clinic that offers diagnosis and treatment options for sleep conditions. By pairing Sunrise’s proprietary diagnostic technology with Dreem Health’s partnerships with major insurers and Medicare, the company aims...

NEW YORK & PARIS & BRUSSELS--(BUSINESS WIRE)--New York Life Investments, Candriam and Andera Partners (Andera) announced today plans to enter into a strategic partnership whereby New York Life Investments, a diversified, global asset management firm with $750 billion in assets under management1 (AUM), will acquire – through its global affiliate network – a 40% minority equity interest in Andera. Andera, a leading European investment firm specializing in middle-market, growth and small-market pr...

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Furlani Foods to acquire Cole’s Quality Foods, merging two leading garlic bread brands. Combined company benefits consumers. Closing expected Q1 2025...

SAN JOSE, Calif.--(BUSINESS WIRE)--LiveFreely Inc., a digital health technology company that empowers seniors and their caregivers to live more freely, connected, and independent lives, today announced the acquisition of Sompo Horizon, a premier caregiving benefits provider and subsidiary of global insurance provider, Sompo Holdings. The acquisition will allow LiveFreely to further scale and integrate its circle-of-care products, including its flagship BUDDY application with Sompo Horizon’s Car...