Merger & Acquisition News

MARION, Mass.--(BUSINESS WIRE)--Baldwin Brothers, a fifty-year legacy wealth and investment management firm with headquarters in southeastern Massachusetts, announced today the acquisition of the assets of KLR Investment Advisors, LLC, an elite wealth management firm based in Providence, Rhode Island. KLR Investment Advisors, LLC serves high-net-worth individuals, families, and business owners throughout the country and abroad. This strategic partnership strengthens Baldwin’s commitment to prov...

NEW YORK--(BUSINESS WIRE)--PepTalkHer, a leading executive coaching platform and app dedicated to fostering professional growth and equitable pay, announces the acquisition of like-minded coaching platform Mettacool. The deal marks a significant milestone for both female-founded organizations, which are notably both self-funded and profitable. Despite the rapid rise in women-owned businesses in the United States, the acquisition landscape remains predominantly dominated by male-owned enterprise...

COLUMBUS, Ohio--(BUSINESS WIRE)--ARCOS® LLC, a leader in workforce management solutions for utilities and other critical infrastructure industries, has acquired TextPower, a pioneer in text messaging communication services. This strategic move strengthens ARCOS’s commitment to enhancing utility operations in both critical response and daily work through a single comprehensive suite of solutions. “When utilities are focused on emergency response, it’s essential for them to communicate with custo...

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is subject to final approvals from relevant authorities. Located within an emerging basin, 60 km off the c...

AUSTIN, Texas--(BUSINESS WIRE)--Significo, a custom software development company, has acquired Bunch, an AI leadership coach app, increasing its AI, coaching, data, and psychology expertise. As the nature of work changes more rapidly than ever, the alignment between Significo's mission to build technology that makes healthcare more human and Bunch’s mission to democratize professional growth is more important than ever. The acquisition allows Significo to help Bunch mitigate two of the most sig...

WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners (“Guardian”), an operationally-focused private equity firm specializing in control investments in the lower middle market, is pleased to announce the formation of its North American Door & Dock platform, with the initial acquisition of American Overhead Door & Dock, LLC (“American” or “AODD”). North American Door & Dock is focused on scaling commercial- and industrial-focused door, dock, and related services and equipment, throu...

LAVAL, Quebec--(BUSINESS WIRE)--Crescita Therapeutics Inc. (TSX: CTX and OTC US: CRRTF) (“Crescita” or the “Company”), a growth-oriented, innovation-driven Canadian commercial dermatology company, today announced that it has concluded the asset purchase agreement (the “Purchase Agreement”) to acquire all of the non-real estate business assets of Occy Laboratory Inc. (“Occy”), a Laval-based manufacturer and distributor of high-quality dermocosmetic products (the “Transaction”). The acquired asse...

NAPLES, Fla. & NEW YORK--(BUSINESS WIRE)--Rain Enhancement Technologies, Inc. (“RET” or the “Company”), an emerging company developing rainfall generation technology, and Coliseum Acquisition Corp. (NASDAQ:MITA) (“Coliseum”), a publicly traded special purpose acquisition company, today announced that they have entered into a business combination agreement. Upon closing, it is intended that the combined company will be listed on Nasdaq under the ticker symbol “RAIN.” Water Supply and Demand Imba...

DALLAS--(BUSINESS WIRE)--MNC Capital Partners, L.P. (“MNC”) today announced it has increased its all-cash offer to acquire Vista Outdoor, Inc. (NYSE: VSTO) to $42.00 per share, or approximately $3.2 billion. The revised proposal represents a premium of 55% to the VWAP from when Vista’s transaction with the Czechoslovak Group a.s. (“CSG”) was announced on October 16, 2023 to the last closing price before MNC’s initial offer on February 19, 2024. The revised offer is also an over 40% premium to t...

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan property (“9 Times Square”) for $63.5 million. It is expected that the closing of the transaction will occur within 120 days of the execution of a definitive purchase and sale agreement between the parties. The Company previously announced that it had secured an amendment of the loan on 9 Times Square,...