Merger & Acquisition News

MORGANTOWN, Pa.--(BUSINESS WIRE)--Sylmar Group, a leader in the industrial water services sector, is pleased to announce the acquisition of Eastern Technologies, Inc. (ETI), a leading provider of custom chemical blending, technical support and related services for the industrial water treatment market. Founded in 1986 in Southeastern Pennsylvania, ETI has built a solid reputation over its 38 years in business, employing dedicated professionals specializing exclusively in water treatment for coo...

SEOUL, South Korea--(BUSINESS WIRE)--A recent report by a local media outlet and online broadcast has brought to light serious allegations that MBK Partners may have misused confidential business data obtained from Korea Zinc (KRX:010130) during a prior investment evaluation process. The claims suggest that MBK may have leveraged sensitive information shared under a Non-Disclosure Agreement (NDA) to orchestrate its current hostile takeover attempt in collaboration with Young Poong. These accusa...

PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Kidde Global Solutions launches as Lone Star Funds acquires Carrier's fire division, aiming to accelerate growth and innovation in safety....

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it has acquired Mission Cloud Services Inc., a leading cloud professional services, managed services and consulting provider. The transaction complements CDW Digital Velocity – CDW's cloud, data, AI and software platform engineering organizat...

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (“Steel”) and Camac Partners LLC (“Camac”), which together with their affiliates are shareholders of TuSimple Holdings Inc. (OTCMKTS: TSPH) (“TuSimple” or the “Company”), today released a letter they sent to the Company’s Board of Directors (the “Board”) proposing to acquire all outstanding shares of Class A and Class B common stock of TuSimple that they do not currently own for $0.46 per share. The full text of the letter is below. Novemb...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE: CYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona. Northwest Urgent Care, LLC is part of Northwest Healthcare’s integrated healthcare network serving Tucson and its surrounding communities. With this strategic acquisition, Northwest Healthcare now has more than 80 sites of care across the network. Ove...

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (the Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a hand and physical therapy practice with eight clinic locations in Wyoming which currently generates approximately $6.5 million in annual revenues and 43,000 in annual visits. The Company acquired a 75% interest in the Company with the current owners retaining a 25% owner...

LUXEMBOURG & NEW YORK & LONDON & PARIS--(BUSINESS WIRE)--Astorg, a leading pan-European private equity firm, is pleased to announce the completion of its take-private of Hamilton Thorne, and simultaneous acquisition of Cook Medical’s Reproductive Health business (“Cook Medical RH”). Cook Medical RH brings a leading portfolio of ART consumables and equipment including ovum aspiration needles, catheters, and pipettes. Hamilton Thorne brings a leading ART portfolio of precision instruments, consum...

NEW YORK & RARITAN, N.J. & DUBLIN--(BUSINESS WIRE)--CVC, a leading global private markets manager, today completed the previously announced acquisition of the Therakos business from Mallinckrodt plc (“Mallinckrodt”), a global specialty pharmaceutical company. The investment in Therakos from CVC Capital Partners Fund IX will provide the resources and expertise to further develop the business and its services which improve the lives of patients. Therakos is the leading company in Extracorporeal P...

HOUSTON--(BUSINESS WIRE)--Innovex completes purchase of Downhole Well Solutions...