Merger & Acquisition News

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced it has completed the acquisition of Dickerson & Bowen, Inc. (“D&B”), a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The acquisition is a highly complementary bolt-on to the company’s 2023 acquisition of Lehman-Roberts Company / Memphis Stone & Gravel (LRC / MSG), and it builds on Granite’s footprint in the Southeast s...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Autonomy, the leading EV subscription company, announces it is pivoting from vehicle subscriptions to launch a new SaaS business, Autonomy Data Services (ADS), in partnership with Deloitte. ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap, along with acquiring all subscription-related technology and intellectual property. The automotive landscape is experiencing significant shifts, particularly with the chaos sur...

MIAMI--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a leader in financial services, proudly announces the acquisition of Gebbia Entertainment LLC. This strategic move enhances Siebert’s dynamic portfolio, extending its reach into the vibrant realms of music, entertainment, and media. The acquisition includes a business partnership with GAMMA Media and L.A. Reid LLC for the rights to SIMIEN, a talented group of three sisters from Los Angeles. Managed by the globally renow...

IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the second quarter ended June 30, 2024. Seamus McGill, GAN’s Chief Executive Officer, said, “I’m very pleased with the continued operational progress the team is delivering. We achieved top-line revenue gr...

WESTFIELD, Vt.--(BUSINESS WIRE)--Butterworks Farm, a beloved gem in Vermont’s Northeast Kingdom, proudly announces its acquisition by Anthony Calderaro, Ania Kuniej, and Joseph Calderaro. This exciting transition marks a new chapter for the farm, a pioneer in grass-fed organic dairy farming since its founding by Jack and Anne Lazor in 1976. Renowned for its 100% grass-fed organic dairy products made from the buttery, protein-rich, creamy milk of its Jersey cows, Butterworks Farm has earned a lo...

TORONTO--(BUSINESS WIRE)--Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced that the Nova Scotia Supreme Court has issued an order approving Postmedia’s previously announced potential acquisition of certain businesses and assets of Saltwire Network Inc. and The Halifax Herald Limited (together, “Saltwire”). Postmedia also confirmed that it had reached an agreement with certain unions representing employees of Saltw...

TORONTO--(BUSINESS WIRE)--Fulcrum IT Partners (“Fulcrum”), a leading international IT solutions provider exceeding $1 billion in sales, has announced the definitive intent to acquire Fortress SRM (Security Risk Management) (“Fortress”), a division of MCPC. Headquartered in Ohio, Fortress SRM is recognized by CRN as a “Top 100 Security Provider” delivering comprehensive cybersecurity solutions. The acquisition of Fortress will add significant depth to Fulcrum's cybersecurity portfolio, including...

RAHWAY, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, and Curon Biopharmaceutical (Curon), a privately held biotechnology company, today announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, has agreed to acquire CN201, a novel investigational clinical-stage bispecific antibody for the treatment of B-cell associated diseases. “We continue to identify opportunities to expand and diversify o...

AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has entered into a definitive merger agreement to be acquired by Almaviva S.p.A. (“Almaviva”), a private Italian digital innovation group, in an all-cash transaction valuing Iteris at approximately $335 million equity value. Under the terms of the agreement, Iteris shareholders will receive $7.20 in...

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (NASDAQ: FIVN), the Intelligent CX Platform provider, today announced it has entered into a definitive agreement to acquire Acqueon, a pioneering real-time revenue execution platform. Adding Acqueon’s capabilities to Five9’s Intelligent CX Platform is a big step toward realizing Five9’s ambition to become the orchestration engine for every interaction across the entire customer journey, including marketing, e-commerce, sales and customer service. Throug...