Merger & Acquisition News

PARIS--(BUSINESS WIRE)--Regulatory News: Axway (Paris:AXW) announces the successful completion of the acquisition of Sopra Banking Software, establishing one of France's top enterprise software publishers, with leading positions in banking and financial services. This major step in the company's development not only marks a change in dimension, but also initiates a transformative alliance project aimed at delivering substantial value to all its stakeholders. First announced at the end of Februa...

MOUNT VERNON, Ind.--(BUSINESS WIRE)--For the first time, two powerhouse organizations, SABIC's Functional Forms and Röhm’s Acrylic Products, have joined forces to form POLYVANTIS. The newly established entity offers comprehensive, multi-material and industry-leading product portfolio, unique technical knowledge, and application-based expertise in sheets and films across various sectors, including building and construction, electrical and electronics, automotive, air and rail, healthcare and sec...

SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, today announces the completion of its acquisition of a 15% stake in Lenzing AG, the Vienna-listed leading global supplier of sustainable premium cellulosic fibres for the textile and non-wovens industry, from B&C Group. As announced in June this year, the transaction value is EUR 230 million (or EUR 39.70 per share). The agreement was subject to regulatory approval, which was granted without restrictions. The long-term p...

HOUSTON--(BUSINESS WIRE)--Solaris receives shareholder approvals for proposed acquisition of Mobile Energy Rentals...

HOUSTON--(BUSINESS WIRE)--Vibrantz Technologies today announced it has acquired Micro Abrasives Corporation, a Westfield, Massachusetts-based manufacturer of specialty alumina. Micro Abrasives is a leading U.S. manufacturer of calcined alumina used in the automotive refinishing, optics polishing and industrial lapping markets. The company’s products are key in the manufacture of liquid abrasives used in automotive polish formulations, precision powders and slurries used by the optics and photon...

SAN DIEGO--(BUSINESS WIRE)--DermTech, Inc. (OTC: DMTKQ) (DermTech or the Company) a leader in precision dermatology offering non-invasive skin genomics solutions, today announced that it has closed its Asset Purchase Agreement (APA) with DERM-JES Holdings, LLC. As a result of the APA, DERM-JES Holdings, LLC has acquired substantially all assets of the Company. The new entity will operate as DermTech, LLC going forward. Led by a dedicated team of dermatologists, dermatopathologists and experienc...

SEATTLE--(BUSINESS WIRE)--Investors Capital Group (ICG), a multifamily investment firm headquartered in Seattle, Washington has announced the acquisition of Wall Street Lofts, a 108-unit mixed use multifamily property located in Midland, TX. It is the second apartment property in ICG Apartment Fund 9 LLC, which will ultimately include approximately four to six assets. The property is a midrise in a prime location, situated in the center of downtown. Amenities include a clubhouse, fitness center...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a leading national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Potter Insurance, an agency serving the Seattle and Issaquah communities since 1954. This strategic merger enhances Inszone’s ability to offer personalized and diverse insurance solutions to clients in the Pacific Northwest. Originally known as Roy Potter Insurance, Potter Insurance has built a stellar reputation...

NEW YORK--(BUSINESS WIRE)--Arkview Capital (“Arkview” or “we”) is pleased to announce the sale of a majority stake in Icon Parking (“Icon” or the “Company”), the largest parking operator in New York City, to Hudson Valley Parking Trust (“HVPT”) and its affiliates. HVPT’s strategic investment will support the future expansion of Icon Parking beyond its 140 parking garages in New York City and will establish Icon as a leading player in the parking sector nationwide. Arkview will remain an active...

LONDON--(BUSINESS WIRE)--European-Asian Private Equity investment firm AGIC Capital (“AGIC”) today announced the sale of Farsound Aviation Limited (“Farsound”) to global investment firm Onex for an undisclosed amount. Farsound is a leading global supply chain solutions provider for the aerospace engine MRO market, focused on the procurement, supply, and inventory management of high-volume consumable hardware components. Farsound serves a global customer base from facilities and offices in the U...