Merger & Acquisition News
Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.
Sep 19, 2024 at 9:00 AM
Full Glass Wine Co. Expands Portfolio with Strategic Acquisitions of Splash Wines and Scout & Cellar
LOS ANGELES--(BUSINESS WIRE)--Full Glass Wine Co., the powerhouse DTC parent brand behind beloved wine brands such as Winc, Wine Insiders, and Bright Cellars, is proud to announce the acquisition of two innovative wine brands, Splash Wines and Scout & Cellar. These strategic acquisitions mark a significant expansion of Full Glass Wine Co.’s portfolio, completing five brand acquisitions in just over a year. This rapid growth positions the company to surpass $125 million in revenue by 2024 an...
Sep 19, 2024 at 9:00 AM
Kestra Financial Welcomes SZC Financial Planning & Management, Growing Advisor Community
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Financial, an industry-leading wealth management platform, today announced the onboarding of SZC Financial Planning & Management (SZC Financial), a firm dedicated to providing personalized, high-touch service. Since its inception in Montgomery County, Maryland, SZC Financial has prioritized serving clients and helping them achieve their financial, business and life goals. Led by David Shober and Steve Collins, the firm is composed of a five-person team...
Sep 19, 2024 at 9:00 AM
Kingswood Capital Management Announces Acquisition of Kichler Lighting and Merger with Progress Lighting to Establish a Leading Residential Lighting Platform
LOS ANGELES--(BUSINESS WIRE)--Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Kichler Lighting, LLC (“Kichler”) from Masco Corporation (NYSE: MAS). Kingswood will merge Kichler with its portfolio company, Progress Lighting, LLC (“Progress”) to create one of North America’s leading residential lighting platforms featuring complementary, industry-recognized brands. The combined company will benefit from expanded distribution and se...
Sep 19, 2024 at 8:55 AM
Peachtree Group Acquires AC Hotel by Marriott in Utah
ATLANTA--(BUSINESS WIRE)--Peachtree Group acquired the AC Hotel by Marriott in Park City, Utah, its sixth hotel acquisition of the year....
Sep 19, 2024 at 8:45 AM
Gruve Acquires NetServ to Drive AI-Powered Services for Enterprise Growth
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gruve acquires NetServ, enhancing AI-driven enterprise services with expanded cloud, AI, and automation solutions to drive innovation and outcomes....
Sep 19, 2024 at 8:00 AM
Fairbanks Morse Defense to Acquire Rolls-Royce Naval Propulsors & Handling Business
BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels. “When you look at the 150-year history...
Sep 19, 2024 at 7:30 AM
Yingling Aviation Acquires Bevan Aviation
WICHITA, Kan.--(BUSINESS WIRE)--Yingling Aviation (“Yingling” or the “Company”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Bevan Aviation (“Bevan”), a premier aircraft maintenance provider based in Wichita, Kansas. Terms of the transaction were not disclosed. Founded in 1954 and located at Wichita’s Dwight D. Eisenhower...
Sep 19, 2024 at 6:30 AM
Matador Resources Company Closes Ameredev Acquisition
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced the closing of its previously announced strategic bolt-on acquisition of a subsidiary of Ameredev II Parent, LLC (“Ameredev”) from affiliates of EnCap Investments L.P. (“EnCap”) for cash consideration of $1.832 billion, which amount is subject to customary post-closing adjustments (the “Ameredev Acquisition”). The Ameredev Acquisition includes: Approximately 33,500 contiguous net acres (...
Sep 19, 2024 at 6:00 AM
ACP-Backed Counsel Press Announces Three Strategic Add-ons, Fueling Early Platform Momentum
CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners’ (“ACP”) outsourced legal services platform Counsel Press, Inc. (“Counsel Press” or the “Company”) has acquired three providers of outsourced appellate services. Since partnering with ACP last October, the Company acquired Cockle Printing Co. d/b/a Cockle Legal Briefs (“Cockle”) in March, Becker Gallagher Briefs and Records (“Becker Gallagher”) in May and added Lantagne Legal Printing (“Lantagne”) in September. Collectively, these thre...
Sep 19, 2024 at 6:00 AM
RF Expands Healthcare Portfolio into Veterinary Care with Pharmaceutical Platform Investment Altro and Amici
NEW YORK--(BUSINESS WIRE)--RF Investment Partners, a provider of flexible growth capital, announced today its platform investment in Altro and Amici Pharmaceuticals, a complementary pair of founder-owned companies that provide strategic sourcing, market insights, and production of generic pharmaceuticals for the growing companion pet and animal end markets. This strategic investment marks RF's expansion in the healthcare sector as it enters the veterinary and pet-focused pharmaceutical space. B...
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