Merger & Acquisition News

VILLINGEN-SCHWENNINGEN, Germany--(BUSINESS WIRE)--Accenture has agreed to acquire embedded software company AOX in Germany....

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that the Company has closed its previously announced acquisition of Kellstrom Aerospace Group, Inc. (“Kellstrom”), a portfolio company of AE Industrial Partners, LP and a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket. MANAGEMENT COMMENTARY “Today represents the nex...

CHICAGO--(BUSINESS WIRE)--Relation Insurance Services (“Relation”) acquired the assets of SFBAG Employee Benefit Insurance Services, Inc. (“SFBAG”). The transaction went into effect on November 1, 2024; terms of the transaction were not disclosed. "By partnering with Relation, we knew we could enhance our service to clients," said John Cross, Principal of SFBAG. "Relation's extensive national resources and wide network of carrier relationships provide our clients with the best coverage options...

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) announced today that it has completed the previously announced acquisition of Palisades Group (“Palisades”), a U.S.-based alternative asset manager founded in 2012 that specializes in residential real estate credit. Upon closing, which occurred on December 2, 2024, Jack Macdowell, Jr., co-founder and Chief Investment Officer of Palisades, became Chimera’s Chief Investment Officer. Pursuant to the terms of the agre...

NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) and HPS Investment Partners (“HPS”), a leading global credit investment manager with approximately $148 billion in client assets, have entered into a definitive agreement for BlackRock to acquire HPS for approximately $12 billion, with 100% of consideration paid in BlackRock equity. The equity is issued by a wholly-owned subsidiary of BlackRock (“SubCo Units”), and exchangeable on a one-for-one basis into BlackRock common stock. The future of fix...

ST. LOUIS--(BUSINESS WIRE)--O2 Investment Partners is pleased to announce that 4M Building Solutions has completed the acquisition of Covenant Building Service....

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of DE-YAN by Shamrock Capital. Founded in 2014 and headquartered in New York City, NY, DE-YAN is an experiential studio that provides design, production, and integrated strategy services for live marketing events including product launches, conferences and brand activations. The Company specializes in inco...

LONDON--(BUSINESS WIRE)--Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced that it has acquired Florida-based G&F Manufacturing, LLC for approximately $108 million in cash at closing, subject to certain adjustments. The acquisition is expected to be modestly accretive to Pentair earnings in 2025. G&F Manufacturing, LLC manufactures and services heat pumps for pools under the Gulfstream brand...

LONDON--(BUSINESS WIRE)--Deliverect, a leading global food tech SaaS company, today announced the acquisition of Tabesto, the first all-in-one restaurant and fast-food ordering and payment kiosk. Now, restaurant owners and operators who trust Deliverect to manage and increase their online orders can also transform their in-store service experience with Tabesto’s smart ordering and payment software technology. As part of the acquisition, Deliverect will gain 60 new employees, with Guillaume Hour...

PARIS--(BUSINESS WIRE)--Bureau Veritas, a global leader in Testing, Inspection, and Certification services, announces the acquisition of LBS Luxury Brands Services S.R.L. Group, a leader in quality assurance and quality control in the luxury industry. This acquisition is in line with Bureau Veritas’ LEAP | 28 strategy to strengthen its positioning and offering in the luxury and fashion industries while reinforcing its supply chain solutions as well as its presence in the Italian market. The acq...