Merger & Acquisition News

AUSTIN, Texas--(BUSINESS WIRE)--Epicor has acquired Acadia Software, a leader in Connected Worker solutions for manufacturing and other supply chain industries....

CHARLOTTE, N.C. & EVANSVILLE, Ind.--(BUSINESS WIRE)--Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) and Berry Global Group, Inc. (NYSE: BERY) (“Berry”) announced today that Glatfelter’s shareholders have approved all matters relating to the merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films business (“HHNF Business”) with Glatfelter required to be approved by Glatfelter shareholders, as described in the proxy statement/prospectus provided to its shareholders in conn...

LOS ANGELES--(BUSINESS WIRE)--Pacific Retail Capital Partners (“PRCP” or the “Company”), one of the nation's premier retail operating groups, today announced that together with its joint venture partners, Starwood Property Trust (“Starwood”) and Taconic Capital Advisors LP (“Taconic”), it has acquired Kings’ Shops located in Waikoloa, Hawaii. The acquisition of the nearly 70,000 square foot luxury resort retail destination marks the second asset in PRCP’s portfolio in Hawaii. The Company also m...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that it has served as lead agent, sole lender, and minority equity investor to provide financing support for The Zabel Companies’ (“Zabel”) purchase of Golden Ceramic Dental Lab (“GCDL” or “the Company”). Based in Prospect Heights, IL, GCDL is a leading full-service dental laboratory specializing in implants, removables, crowns and bridges, orthodontics, digital dentures, clear aligners, a...

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the receipt of all necessary regulatory approvals, including approval from the Federal Deposit Insurance Corporation and the Minnesota Department of Commerce, to complete Bridgewater Bank’s previously announced acquisition of First Minnetonka City Bank. The acquisition is expected to close in the fourth quarter...

BLACKSBURG, Va.--(BUSINESS WIRE)--NImmune Biopharma ("NImmune”), a private late-clinical-stage precision inflammation and immunology (“I&I”) biopharmaceutical company developing novel biomarker-driven immunoregulatory therapeutics, today announced the acquisition of development and commercialization rights for omilancor in Asia. Covered markets include China, Macau, Hong Kong, Taiwan, Thailand, Singapore, South Korea, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. Upo...

AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (“Almaviva”) at Iteris’ Special Meeting of Stockholders held yesterday. As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris’ stockholders...

MANILA, Philippines & MIAMI--(BUSINESS WIRE)--I Squared Capital announced today that it has entered into an agreement to acquire Philippines Coastal Storage & Pipeline Corporation and its affiliate entities. Based in the Subic Bay Freeport Zone, and serving the Luzon Economic Corridor (LEC), Philippines Coastal is the largest independent import terminal in the Philippines. With a capacity of 6.3 million barrels, Philippines Coastal houses over 20% of the country’s import storage capacity. P...

MIAMI--(BUSINESS WIRE)--This press release is issued to update and clarify statements made in the previous release dated October 17, 2024. ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, announced that on October 16, 2024, it entered into a non-binding Letter of Intent (“LOI”) to acquire Turbo...

EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) (“Berry”) and Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) announced today that Berry has set a record date of the close of business on November 1, 2024 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business (“HHNF Business”). The spin-off and merger of Berry’s HHNF Business with Glatfelter are expected to be completed on November 4, 2024, subject to the...