Merger & Acquisition News

DALLAS--(BUSINESS WIRE)--Aldinger Company, a leading provider of calibration and metrology services, proudly announces the acquisition of Servo Innovations, a premier supplier of calibration and repair services. This strategic move aligns with Aldinger’s growth strategy and underscores its commitment to delivering high-quality, comprehensive calibration solutions across various industries. Servo Innovations, based in Michigan, has built a strong reputation for its dedication to quality and cust...

ROSEMONT, Ill.--(BUSINESS WIRE)--Eastern Metal Supply, Inc. (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of the assets of Aluminum Products Wholesale (“APW” or the “Company”). Established in 2001 by Mitch Shepherd, APW is a Jacksonville-based distributor of aluminum extrusions, beams, screens, and other related products utilized in the installation and repair...

NORWALK, Conn.--(BUSINESS WIRE)--HomeSquare Acquires Palace Guards, Expanding Presence in NY Tri-State with Eastchester Office...

TORRANCE, Calif.--(BUSINESS WIRE)--EP Wealth Advisors (“EP Wealth”), a leading fee-only registered investment adviser (“RIA”) with an expanding national footprint and client base, has announced the acquisition of CornerCap Investment Counsel, LLC (“CornerCap”), based in Atlanta, Georgia. The partnership adds nearly $1.1B to EP Wealth’s assets under management (“AUM”). “EP Wealth focuses on people when partnering with firms, and CornerCap is a talented group who will be a great addition to our t...

HUDSON, Wis.--(BUSINESS WIRE)--Molex, a parent to Phillips Medisize, a leader in the design, engineering and manufacturing of pharmaceutical drug delivery, in vitro diagnostic and medtech devices, announced that, through its affiliate Molex Asia Holdings LTD., it has signed an agreement to purchase Vectura Group Limited (Vectura) from Vectura Fertin Pharma Inc., a subsidiary of Philip Morris International (PMI) (NYSE: PM). Vectura is a leader in inhalation drug device design and formulation, ba...

STAMFORD, CT--(BUSINESS WIRE)--Vectura Fertin Pharma, Inc., an affiliate of Philip Morris International Inc. (PMI) (NYSE: PM), today announces the sale of its subsidiary Vectura Group Ltd. (Vectura) to Molex Asia Holdings Ltd., and the establishment of master service agreements to develop Vectura Fertin Pharma’s inhaled therapeutics proprietary pipeline. Vectura will be operated by Phillips Medisize, a Molex company. The sale includes upfront cash consideration of GBP 150 million, subject to cu...

AUSTIN, Texas--(BUSINESS WIRE)--Kestra Financial, an industry-leading wealth management platform, today announced the addition of Erudite Wealth Management Inc. (Erudite), a full-service wealth management firm employing a proactive approach to serving clients through care and attention to detail. Since its inception in the greater New York area, Erudite has prioritized serving clients and helping them achieve their financial, business and life goals. The firm is composed of a dedicated duo that...

AUSTIN, Texas--(BUSINESS WIRE)--SubjectWell acquires Trials24...

KAPOLEI, Hawaii--(BUSINESS WIRE)--James Campbell Company (JCC), a $5B private, Hawai‘i-based real estate investment company with origins that date back to 1860, has announced the acquisition of Westport Parkway Logistics Center, consisting of two Class A+ industrial properties totaling 882,565 square feet, located within the Alliance Global Logistics Hub in Dallas, Texas. This significant investment reflects JCC’s ongoing efforts to diversify its portfolio, enhancing long-term financial stabili...

SAN FRANCISCO--(BUSINESS WIRE)--Riveron (or the “Company”), a leading business advisory and consulting firm backed by Kohlberg & Company, today announced the acquisition of Effectus Group, a San Jose-based accounting advisory and financial operations firm specializing in advising high-growth technology and life sciences companies. This strategic move significantly enhances Riveron’s presence in the San Francisco Bay Area and builds depth in core accounting, finance, and capital markets capa...