Merger & Acquisition News

BOSTON--(BUSINESS WIRE)--AAFCPAs, a U.S. Top 100 CPA and advisory firm, today announced it has acquired McLaren & Associates CPAs, PC. The move will enable the firm to expand delivery of its forensic accounting, litigation support, business valuation, and tax advisory solutions. McLaren & Associates brings to AAFCPAs 17 accomplished professionals and a reputation for excellence. Notably, the team was voted the Best Forensic Accounting Firm by the Worcester Business Journal’s Best of Bus...

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Arlington Industries, Inc. (“Arlington”) announced today that funds managed by Blackstone Energy Transition Partners (“Blackstone”) have entered into a definitive agreement to acquire Arlington, a leading designer and manufacturer of electrical products in the United States. Founded in 1949, Arlington designs and manufactures a range of electrical products such as fittings, enclosures and other components. The company’s innovative solutions a...

SINGAPORE--(BUSINESS WIRE)--Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced the completion of its previously announced acquisition of 60% of the issued share capital of Peijun Marine Consultant Co., Limited (“Peijun Marine”), based in Hong Kong, through its wholly owned holding subsidiary, Vantage (BVI) Corporation. “After the completi...

HOUSTON & SACRAMENTO, Calif.--(BUSINESS WIRE)--XCF Global, Inc. (“XCF”) (Nasdaq: SAFX), a key player in decarbonizing the aviation industry through sustainable aviation fuel (“SAF”), and DevvStream Corp. (Nasdaq: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, today announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. (“Southern”) (together, the “Parties”) in a three-party merger. If the Parties are able...

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR), a leading global foodservice technology provider, today announced that it has agreed to acquire the identity resolution and shopper intelligence platform Bridg, a division of Cardlytics, Inc. (NASDAQ Global Market: CDLX). The transaction is structured as an acquisition of substantially all Bridg assets. The purchase price is $27.5 million, subject to purchase price adjustments with a maximum total purchase price of $30...

FOSTER CITY, Calif.--(BUSINESS WIRE)--Mirum Pharmaceuticals Completes Acquisition of Bluejay Therapeutics, Expanding Global Leadership in Rare Disease...

NEW YORK--(BUSINESS WIRE)--CleanCapital has acquired a majority interest in a 7.7 MW / 30.8 MWh battery storage portfolio through a joint venture with Osaka Gas USA....

CHARLOTTE, N.C.--(BUSINESS WIRE)--Adams Outdoor Advertising announced today that it has completed the acquisition of select assets from Parkway Outdoor. The transaction includes 15 assets, comprised of 14 static faces and one digital display, further strengthening Adams Outdoor’s leadership position in the Charlotte, North Carolina market. The seller utilized Johnsen, Fretty & Company, who provided closing assistance for the transaction. This strategic tuck-in acquisition enhances Adams Out...

BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) (“GHM” or “the Company”), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space markets, today announced the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC (“FlackTek”), a pioneer in advanced mixing and material processing solutions. The acquisition adds advanced materials processing as a third core pl...

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (“Orion” or the “Company”) (NYSE: ONL) today announced a strategic options review process and a cooperation agreement (the “Cooperation Agreement”) signed with The Kawa Fund Limited (together with its affiliates, “Kawa”). Strategic Options Review Process Orion is announcing a review of strategic options for the Company, which may include, among other things, the consideration of potential acquisition and merger targets, the potential sale of the C...