Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (together with its affiliates, “Steel”), which beneficially owns approximately 9.8% of the outstanding shares of DMC Global Inc. (Nasdaq: BOOM) (the “Company”), today issued a public letter to the Company’s Board of Directors (the “Board”). The full text of the letter is below. Dear DMC Board Members, On May 31, 2024, we made a proposal to acquire all the remaining shares of DMC that we do not already own for $16.50 in cash. Today we are reiteratin...

DUNWOODY, Ga.--(BUSINESS WIRE)--Vyne Medical Acquires Extract Systems to Bring the Most Comprehensive Document and Clinical Automation Solution to Healthcare...

BELLEVUE, Wash.--(BUSINESS WIRE)--Easy Metrics, a leading labor analytics platform for warehouses and manufacturers backed by Nexa Equity, announced today its acquisition of TZA, a leading labor management system. The combined company will serve over 550 facilities and deliver unparalleled insights that drive operational efficiency and profitability. Easy Metrics has consistently attracted labor management customers seeking advanced strategic insights, such as facility benchmarking, forecasting...

TORONTO--(BUSINESS WIRE)--University of Toronto Press acquired a linguistics list from Equinox Publishing, its first acquisition from a UK-based publisher....

IRVING, Texas--(BUSINESS WIRE)--Kalibrate, a global insights firm providing software and services relating to location analytics and fuel pricing, has announced the acquisition of IMST Corp., an independent market research firm specializing in site selection, analysis, and sales forecasting for convenience stores and fuel stations. The acquisition will bolster Kalibrate’s fuel station and convenience store forecasting capabilities and capacity. IMST serves thousands of convenience and fuel oper...

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Kevin Murphy, Ferguson CEO, commented “Once again, our expert associates executed well, going above and beyond to take care of the complex project needs of our specialist pro customers. The year finished in line with our expectations. Despite market headwinds and deflation during the year, we continued to outperform our markets, returned to volume growth, expanded gross margins and delivered solid operating margin performance. Our strong cash flow and balance...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Point 41 Capital Partners’ acquisitions of Georgia Water & Fire Restoration (“GWFR”) and Property Medics of Georgia (“Property Medics”). Together, they will form a new restoration services platform (“the Company”). Founded in 1989 and based in Cumming, GA, GWFR is a provider of property mitigation and restoration serv...

SAN FRANCISCO--(BUSINESS WIRE)--Standish Management, LLC, the leading independent provider of fund administration services to alternative capital funds, today announced it has completed the acquisition of CORE-CCO Services, LLC (“CORE”), a specialty compliance firm focused on the private fund industry. Following the acquisition, CORE will be rebranded as Standish Compliance Services. Standish has been an investor in CORE since 2021 and with this transaction increases its ownership to a majority...

ZANESVILLE, Ohio & GAHANNA, Ohio--(BUSINESS WIRE)--The Zemba Companies announced today the acquisition of the assets of Geiger Materials located at 1000 Leavitt Service Road in Gahanna, Ohio. In conjunction with the transaction, the company is combining this new Columbus Recycle Plant and its Dresden Aggregates and Valley Clay Mining operations to form Zemba Materials, a circular-first construction materials and aggregates company, that will provide innovative solutions for managing and repurpo...

HAMILTON, Ontario--(BUSINESS WIRE)--Stelco Holdings Inc. (“Stelco” or the “Company”) (TSX: STLC) is pleased to announce that holders (the “Company Shareholders”) of its common shares have voted in favour of the previously announced acquisition of Stelco by Cleveland-Cliffs Inc. by way of a plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) at the Company's special meeting of the Company Shareholders (the “Meeting”) held on September 16, 2024. The c...