Merger & Acquisition News

MIAMI--(BUSINESS WIRE)--Trivest Partners (“Trivest”), a leading private equity firm focused on investing in founder and family-owned businesses, has completed the sale of its portfolio company Total PowerGen Solutions (“Total Power” or the “Company”) to Audax Private Equity (“Audax”). Total Power partnered with Trivest’s Mid-Market Fund VI in late 2018. Terms of the sale were not disclosed. Headquartered in Mississauga, Ontario, Total Power is a leading provider of commercial and industrial Pow...

CHICAGO--(BUSINESS WIRE)--Vitality announced the strategic acquisition of WellSpark, a leading coaching provider, from EmblemHealth....

SEOUL, South Korea--(BUSINESS WIRE)--Amid the ongoing governance dispute over Korea Zinc (KRX:010130), there is growing public interests around the track records of the involved parties, particularly MBK Partners. MBK’s past investment activities in Korea have come under scrutiny, raising questions about the potential impact on Korea Zinc’s future. Korea Zinc, the world’s largest non-ferrous metal producer, stands at a transformative juncture, with significant opportunities and a forward-lookin...

BOULDER, Colo.--(BUSINESS WIRE)--Enzoic, a leader in identity threat detection and protection, today announced the acquisition of VeriClouds, a pioneer in compromised password data collection. This acquisition will unite the strengths of both companies, enabling Enzoic to deliver even more innovative solutions under its established brand. The collaboration combines the top talent from both organizations, setting the stage for cutting-edge advancements in cybersecurity. Together, Enzoic and Veri...

NEW YORK & WILLISTON, Vt.--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired FoodScience, a vertically integrated provider of pet and human nutritional supplements, from Wind Point Partners. Sharon Rossi will continue as FoodScience’s Chief Executive Officer. Headquartered in Williston, Vermont, FoodScience drives a science-first approach to formulate, manufa...

SAN FRANCISCO--(BUSINESS WIRE)--Front, the industry-leading AI-powered customer service platform built for collaboration, today announced the acquisition of Idiomatic, a pioneering AI-powered voice-of-customer (VoC) intelligence platform previously used by some of the world’s most customer-centric brands, including Hubspot, Instacart, Slack, and Pinterest. “Today’s acquisition represents a continued commitment to Front’s vision to create the world’s most modern service platform. Front has super...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Horizon Investments announces acquisition of Centre Asset Management, augmenting firm's robust range of investment solutions....

BOSTON--(BUSINESS WIRE)--One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, today announced that it has acquired Waypoint Underwriting Management, LLC. Terms of the deal were not disclosed. Based in Basking Ridge, New Jersey, Waypoint Underwriting Management (Waypoint), is a leading specialty reinsurance Managing General Underwriter (MGU) operating primarily in the United States. The company offers Property, Casualty, Workers’ Compensation, and Accident & He...

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced it has entered into a purchase and sale agreement (the “Agreement”) to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for total consideration of $245 million in cash from a subsidiary of VTX Energy Partners, LLC, a Vitol investment (the “Acquisition”), subject to customary purchase price adjustments and closing conditions. Located...

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing of two previously announced acquisitions. The Company acquired Tech-Component Resources (TCR) under DSG’s Gexpro Services segment, which closed on October 30, 2024, and ConRes Test Equipment under DSG’s TestEquity segment, which closed on November 18, 2024. These transactions were funded through the Company’s existi...