Merger & Acquisition News

MASON, Ohio--(BUSINESS WIRE)--Aero Fulfillment Services acquires Kable Product Services, Inc., expanding its operational capacity to meet growing national customer demand....

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Genesis Bank (“Genesis” or the “Bank”) announced today it has received all necessary regulatory approvals, as well as shareholder approvals from the shareholders of Excel Bank, a tradename of EH National Bank (“Excel”), to complete its previously announced agreement to acquire Excel. The acquisition, initially announced on February 13, 2025, is expected to close mid-June 2025. Stephen H. Gordon, Chairman and Chief Executive Officer of Genesis Bank, stated...

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, a leading commercial-scale provider of clean electric power, today announced the acquisition of a 47.8-megawatt (MW) ground-mounted solar portfolio from Tortoise Capital Advisors, comprised of 15 projects located across Kansas and New York. With this transaction, Altus Power’s portfolio has increased to 26 states and its footprint in New York now exceeds 250 MW, cementing the state as its top market The acquired projects serve a range of public sec...

NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald (“Cantor Fitzgerald” and the “Company”), a leading global financial services firm, today announced it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit and commodities, with approximately $11 billion in invested assets. This acquisition will significantly bolster Cantor Fitzgerald’s Asset Management (“CFAM”) capabilities and supports the Company’s broader gro...

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Acrisure today announced the signing of a definitive agreement to acquire Global Payments’ (NYSE: GPN) payroll business, Heartland Payroll Solutions (“Heartland Payroll”), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure’s current payroll and HCM capabilities and adva...

LISLE, Ill.--(BUSINESS WIRE)--SunCoke Energy, Inc. (NYSE: SXC) (“SunCoke”) today announced that it has entered into a definitive merger agreement pursuant to which SunCoke, a supplier of high-quality metallurgical coke and logistics services, will acquire all of the common units of Flame Aggregator, LLC, which together with its subsidiaries operates as Phoenix Global (“Phoenix”), a privately held provider of mission-critical mill services to major steel producing companies, for $325 million on...

SAO PAULO & TORONTO--(BUSINESS WIRE)--Arcadea Group, a preeminent, long-term investor in global software businesses, today announced its acquisition of Intuitive Care, a leading revenue cycle management provider for the Brazilian healthcare industry. This partnership marks a significant milestone in Intuitive Care’s growth journey, positioning the company for long-term success while maintaining its commitment to innovation and excellence in healthcare financial operations. Intuitive Care, recog...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Relevant Industrial, LLC (“Relevant”) by Fusion Capital Partners. Founded in 2019 and headquartered in Houston, TX, Relevant is a national distributor of flow control parts and solutions delivering offerings such as instrumentation and automation, rotating equipment, purification, actuated valves, and...

VISTA, Calif.--(BUSINESS WIRE)--GT Golf Supply Co. (“GT Golf”), the largest wholesale golf accessories distributor in the United States, today announced it has acquired global rights to the Clicgear brand and all associated intellectual property from Clicgear Industrial Design Ltd. Clicgear is the leading brand in the golf pushcart market, having established a legacy of innovation and excellence that continues to shape the industry. This strategic acquisition marks a new chapter for GT Golf, fu...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or the “Company”), a global leader in launch services and space systems, today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC (“Geost”), a Tucson, Arizona-based electro-optical and infrared (EO/IR) payload development and manufacturing company and provider to high-priority national security satellites, from Lightridge Solutions, a portfolio company of ATL...