Merger & Acquisition News

SAN FRANCISCO & SEATTLE--(BUSINESS WIRE)--Today Transcarent announced the successful completion of its merger with Accolade, the leading health advocacy, expert medical opinion, and virtual primary care company in the market. The combined organization now serves over 20 million Members and more than 1,700 employer and health plan clients as the One Place for Health and Care. With the completion of the transaction, Transcarent will offer a health and care experience that is unmatched in its abil...

ST. PAUL, Minn.--(BUSINESS WIRE)--Formlabs joins AdvancedTek’s portfolio, expanding Midwest access to reliable, cost-effective desktop and benchtop SLA and SLS 3D printing solutions....

MONTEREY, Calif.--(BUSINESS WIRE)--Modern Wealth expands into California with 14th and 15th acquisitions since launch, expected to surpass $7 billion in AUM...

HURST, Texas--(BUSINESS WIRE)--Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts” or the “Company”), a leading recycler and reseller of original equipment manufacturer automotive parts, is thrilled to announce the successful acquisition of Assured Auto Parts (“Assured”), a well-respected name in the automotive recycling parts industry in San Antonio, Texas. This move is a key step in Fenix Parts’ efforts to grow its presence in the State of Texas and better serve its customers in a thriv...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that it has entered into a purchase agreement to acquire a portfolio of narrow-body commercial passenger aircraft through its Capital Solutions platform, which invests across the capital structure to deliver tailored solutions, partnering with Genesis, the full-service aircraft lessor that is wholly owned by Barings-managed funds, to originate, underwrite, and manage this portfolio of airc...

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) has entered into an Asset Purchase Agreement to sell its Telecom Expense Management & Managed Mobility Services (TEM) business to Asignet USA Inc. (Asignet), a market-leading hyper-automation IT expense management provider. Martin Resch, the Company’s President and Chief Executive Officer, said, “The sale of our TEM business is consistent with our strategy of focusing our capital investments on...

FRISCO, Texas--(BUSINESS WIRE)--AI Customer Experience leader Humach (Humans + Machines) today announced the acquisition of Albany, N.Y.-based Markets EQ, the company known for bringing AI-powered voice analytics to Wall Street. Markets EQ transforms high impact financial communications and provides unique data access across earnings calls and more. Innovative investor relations teams like Ciena Corporation leverage Markets EQ in their workflows. The combination ideally positions Humach to addr...

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space. With the acquisition, Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker. Hidden Road is one of the fastest-growing prime brokers around the world, offering institutions a one-stop-shop of advan...

VAN NUYS, Calif.--(BUSINESS WIRE)--Kandu Health, Inc. and Neurolutions, Inc. today announced that they have merged to form Kandu, Inc....

NEW YORK--(BUSINESS WIRE)--Aspen Standard Wealth, an RIA acquirer that serves as a permanent home and long-term partner for successful RIAs, announced today that it has acquired New England Private Wealth Advisors (NEPWA), a Boston-based RIA with $2.9 billion in assets under management (AUM) as of 12/31/2024. Founded in 2005, NEPWA is a fee-only RIA that serves high-net-worth individuals and families and institutions with highly customized and integrated investment advisory and wealth planning...