Merger & Acquisition News

NASHVILLE, Tenn.--(BUSINESS WIRE)--HireRight Holdings Corporation (“HireRight” or the “Company”), a leading provider of global background screening services and workforce solutions, today announced the completion of its sale to investment funds affiliated with General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point”, and together with General Atlantic, the “Sponsors”) in an all-cash merger transaction representing a total enterprise value of approximately $1.7 bill...

CHICAGO--(BUSINESS WIRE)--iA Financial Group Completes $170 million Acquisition of Vericity; Vericity Stockholders to Receive $11.43 per Share in Cash...

FINDLAY, Ohio--(BUSINESS WIRE)--One Energy Enterprises Inc. (“One Energy”), an industrial power company, announced today that it will host a Virtual Analyst and Investor Day on Monday, July 1, 2024, from 1:00 p.m. to 2:30 p.m. ET. Registration is required and participants may register at https://icr.swoogo.com/One_Power. The event will be streamed live from One Energy’s headquarters in Findlay, Ohio. A copy of the investor presentation to be discussed during the session will be made available t...

PINE BROOK, N.J.--(BUSINESS WIRE)--ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has completed a carve-out of High Wire Networks Inc.’s Technology Services Division (“HWTS” or the “Company”), an Illinois-based provider of technology solutions and managed services. HWTS is a channel-focused service provider of multi-site deployment and technical solutions predominantly catering to VARs, MSPs, MSSPs, system integrators and IT consultancies. Ke...

DALLAS--(BUSINESS WIRE)--Texas Republic Management (TRM) is expanding its investments in North Dallas by adding additional key acquisitions. TRM recently closed on approximately 150 acres adjacent to Centurion American’s new “Cottonwood” development in Howe near the new TI and GlobiTech Chip Plants and another 224 acres along the Golden Corridor. They are scheduled to close on more properties in the area over the coming months. TRM, founded by Dallas oilman Ben Weber, Jr., has been actively inv...

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, a leader in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, for $30.00 per share in cash in a transaction that values the Company at approximately $1.25 billion. With the completion of the transaction, Model...

SAN FRANCISCO--(BUSINESS WIRE)--Duetto (“Duetto” or the “Company”), a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed. Duetto offers innovative solutions that simplify hotel operations and optimize revenue. With a focus on organic product developm...

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Joint Acquisition with SM Energy; Entering Uinta Basin with Largest Transaction in NOG History;Highly Accretive to Key Financial Metrics...

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to sell to The Prax Group its entire interest in West of Shetland assets in the United Kingdom (Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore Shetland Gas Plant and nearby exploration licenses). The transaction is subject to approval from the relevant authorities. These mature assets currently produce about 7,500 barrels of oil equivalent per day in TotalEne...

LONDON--(BUSINESS WIRE)--Regulatory News: SEGRO plc (“SEGRO” or the “Group”) has acquired three fully leased, highly reversionary logistics warehouses in The Netherlands for a total cash consideration of €222 million. Undertaken via three separate transactions, the assets are all in attractive locations and help to build on SEGRO’s scale in a region which acts as a key logistics hub for Continental Europe, as well as the Dutch domestic market. They total 172,300 sq m of additional space and are...