Merger & Acquisition News

MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors. The firm was co-founded by Ryan Schlitt and John Robertshaw, who have more than 50 years of combined experience as senior management members of...

LONDON--(BUSINESS WIRE)--Engelhart Commodities Trading Partners, a global commodities trading business, is delighted to announce the successful completion of its acquisition of Trailstone, a global energy and technology company, from Riverstone. The acquisition will combine the resources and expertise of two successful businesses and enable them to leverage their joint capabilities to enhance trading performance, grow their customer business and play a leading role in decarbonizing the world’s...

SYDNEY--(BUSINESS WIRE)--State Street Global Advisors, Inc, the asset management business of State Street Corporation (NYSE: STT), today announced a strategic investment in Raiz Invest Limited (ASX: RZI), a leading Australian fintech platform that helps customers grow their wealth by helping them to save and invest. The parties have entered into an equity investment agreement (the “Initial Share Purchase”) as part of a strategic relationship pursuant to which State Street Global Advisors will a...

ATLANTA--(BUSINESS WIRE)--Cardea Corporate Holdings Inc. (“Cardea”) today announced that it has acquired select technology and financial assets from Nobel Sustainability Capital Group (“NSCG”), a consortium of global investors led by Peter Nobel and Wu family members and has rebranded as Fourcore Capital (“Fourcore” or the “Company”). In connection with the transaction, NSCG has signed a binding agreement to contribute up to $25 million as an anchor investment in the Company’s planned capital r...

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Split-Off of Liberty Sirius XM Holdings Approved at Liberty Media’s Special Meeting of Stockholders...

AUSTIN, Texas, SAN FRANCISCO & ONTARIO--(BUSINESS WIRE)--Serent Capital, a growth-focused private equity firm investing in founder-led B2B SaaS and technology companies, announced today that its portfolio company, Book4Time, a leading provider of spa management SaaS software, has been acquired by Agilysys, a global leader in hospitality software solutions and services. Book4Time’s innovative cloud-based platform has established itself as a premier solution for hotel and resort spas, enabling op...

WASHINGTON--(BUSINESS WIRE)--ADVI Health is pleased to announce the acquisition of Partnership for Health Analytic Research (PHAR), a global health technology assessment (HTA) and health economics and outcomes research (HEOR) consultancy, known for providing high-impact, data-driven insights to some of the largest biopharmaceutical sponsors and clients. This addition to ADVI’s Strategic Analytics, Value and Economics (SAVEs) team bolsters ADVI’s data analysis and value strategy capabilities wit...

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Legends today announced the completion of its previously announced acquisition of ASM Global. The combination of Legends and ASM Global creates the world’s preeminent premium live events company dedicated to providing fans with outstanding experiences globally. When a brand or venue wants to enhance the fan experience and increase monetization, they will turn to the combined Legends and ASM Global. Together, the companies provide a data-driven, customiza...

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has acquired T-TEK Material Handling LLC (“T-TEK”), a leading manufacturer of high-speed packaging machinery and systems solutions headquartered in Montgomery, Alabama. T-TEK designs, builds and services innovative end-of-line equipment including palletizers, depalletizers, convey...

DALLAS--(BUSINESS WIRE)--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today provided a summary on its recent capital markets activity and pending acquisitions. “On the heels of strong second quarter operating results, which demonstrated ongoing improvement across all key operating metrics, I am equally pleased with the Company’s steady execution on both its external accretive growth strategy...