Merger & Acquisition News

BOCA RATON, Fla.--(BUSINESS WIRE)--Today, Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”) announced that leading independent proxy advisory firms Glass Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services (“ISS”), recommend that Terran Orbital Stockholders vote “FOR” the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 15, 2024, by and among Terran Orbital, a Delaware corporation, Lockheed Martin Corporation...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale and acquisition of majority stocks of its client The Oryza Group, LLC to Mr. Michael Peterman. The acquisition closed April 22, 2024. The Oryza Group (Oryza), located in Douglasville, Georgia, is a services firm providing information technology, logistics, and management/administration services to the federal government. The company works a...

NEW YORK--(BUSINESS WIRE)--Aquila Air Capital (“Aquila”), a leading engine lessor, announced today an investment from funds managed by Wafra Inc. (“Wafra”), a New York-based, global alternative asset manager. Wafra has entered into definitive documentation to acquire the Aquila platform from Warburg Pincus, a global growth investor. As part of the transaction, Wafra will acquire a controlling interest in Aquila and provide substantial capital to support Aquila’s continued growth, furthering its...

SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Audax Private Equity (“Audax”) has completed its acquisition of the clinical services business of Avantor, Inc. (NYSE: AVTR) and, in close collaboration with the employees, has re-branded the business as Resonant Clinical Solutions (“Resonant” or “the Company”). Resonant is comprised of three well-respected brands – EPL Archives, MESM, and Therapak. These long-standing brands, whose roots and lineage extend as far back as the 1970s, provide a comprehensi...

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and several storage facilities for petroleum products and ethanol. SIM Distribuidora, one of the recognized players of the fuel distribution business in Brazil, belongs to Grupo Argenta, which has more than 500 service stations,...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired SOSS Door Hardware (SOSS). A leading manufacturer of premium hinges and door hardware, SOSS primarily sells its solutions in North American non-residential markets. Founded in 1903, the company invented the concealed hinge; today, it’s signature SOSS Invisible Hinge as well as fire-rated, heavy-duty and other specialty hinges are popular ac...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of Anixter & Oser, a renowned independent insurance agency that has been serving the San Francisco Bay Area and surrounding states for over a century. Originally founded by Howard Oser and Sandra Anixter, Anixter & Oser has established itself as a trusted provider of comprehensive insurance solutions...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire the expanded polystyrene “EPS” insulation segment of PFB Holdco, Inc., a portfolio company of The Riverside Company, composed of the Plasti-Fab and Insulspan brands (collectively referred to as “Plasti-Fab”). Plasti-Fab is a leading vertically integrated provider of EPS insulation products across Canada and the Midwestern United States. Under...

NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected to close during the fourth quarter of 2024 and remains subj...

TAMPA, Fla.--(BUSINESS WIRE)--Verdantas, a leading consulting firm providing technical and digitally enabled solutions for sustainable outcomes across the environment, water, and energy transition markets backed by Sterling Investment Partners, is thrilled to announce the acquisition of ASEC Engineers (ASEC). Based in Denver, Colorado, ASEC is solely focused on the power delivery and renewable energy market sectors and is renowned for its expertise in electrical transmission, substation, struct...