Merger & Acquisition News

WARWICK, R.I.--(BUSINESS WIRE)--Vertikal6 and Brave River Solutions announce strategic merger to expand the service offerings resulting in a broad services portfolio....

NEW YORK--(BUSINESS WIRE)--Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR’s respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS). “This acquisition highlights Carlyle’s proven expertise in private student loans and asset-backed finance, demonstrating our Gl...

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria. SPDC JV is an unincorporated joint venture between Nigerian National Petroleum Corporation Ltd (55%), Shell Petroleum Development Company of Nigeria (30%, operator), TotalEnergies EP Nigeria (10%) and NAOC (5%), which hold...

BROOMFIELD, Colo. & FOSTER CITY, Calif.--(BUSINESS WIRE)--In a strategic move set to define the future of the cybersecurity landscape, Exabeam, delivering industry-leading AI and automation for accelerated threat detection, investigation, and response (TDIR), and LogRhythm, renowned for its high-integrity, trusted data ingestion, today announced the successful completion of their previously announced merger. The merger combines unparalleled technological innovation with reliable data to create...

TAMPA, Fla.--(BUSINESS WIRE)--Diversified Maintenance, a leading service provider for integrated facilities maintenance services, proudly announces the acquisition of Facility Maintenance of America, Inc. Established in 2017, FMA provides janitorial services within the logistics, manufacturing, and corporate headquarters verticals across Virginia, Delaware, North Carolina, South Carolina, Tennessee, Mississippi, and Georgia. Keith McAlpin, President of Diversified Maintenance, emphasized the si...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aditxt, Inc. (“Aditxt”) (NASDAQ: ADTX), a company dedicated to discovering, developing, and deploying promising health innovations, announces this past Friday, July 12th, Aditxt, its wholly owned subsidiary Adifem, Inc., and Evofem Biosciences, Inc.’s (“Evofem”) (OTCQB: EVFM) amended and restated their Merger Agreement. This amended and restated Merger Agreement, among others, addresses pre-closing issues critical for Evofem’s future success, including in...

WICHITA, Kan.--(BUSINESS WIRE)--Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “the Company”, “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $11.7 million or $0.76 earnings per diluted share for the quarter ended June 30, 2024. Adjusting to exclude $2.3 million in costs associated with mergers and $1.7 million in costs associated with the surrender and re-positioning of bank owned life insurance (“BOLI”), net income was $15.3 million or $0.99 per...

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has completed the previously announced acquisition of the parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments. Trachte is a leading manufacturer of custom-engineered control building solutions designed to protect critical electrical infrastructure assets. nVent Chair and CEO Beth Wozniak said, “I a...

SAN FRANCISCO--(BUSINESS WIRE)--EPIC Insurance Brokers & Consultants (“EPIC”) has acquired Century Insurance Group, LLC (“Century”), an Oregon-based firm specializing in employee benefits and commercial and personal P&C solutions. The acquisition enhances EPIC’s footprint in the Pacific Northwest and provides the Century team with access to extensive resources to further optimize client outcomes. Founded in 1996, the team of almost 30 experienced insurance industry professionals is led...

NEW YORK--(BUSINESS WIRE)--Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, has entered into a definitive agreement to acquire Instinet’s Fox River algorithmic trading business. Fox River provides a comprehensive suite of algorithmic execution solutions in US and Canadian equities. These offerings cater to buy and sell-side firms, including many of the industry’s leading quant-driven funds. Chris Pento, CEO...