Merger & Acquisition News

WYALUSING, Pa. & ROCK ISLAND, Ill.--(BUSINESS WIRE)--Mutual Capital Group, Inc. (“MCG”), parent company of Mutual Capital Holdings, Inc. (“MCH”) and ICC Holdings, Inc. (NASDAQ: ICCH) (“ICCH”), parent company of Illinois Casualty Company, today jointly announce that they have entered into a definitive merger agreement under which MCG will acquire all outstanding ICCH shares for $23.50 in cash. The transaction, which was unanimously approved by both boards of directors, represents a total equity...

FOLSOM, Calif.--(BUSINESS WIRE)--PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or “the Company”), a leading provider of cloud-based software for K-12 education, announced today that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $5.6 billion. Under the terms of the agreement, PowerSchool stockholders will receive $22.80 per share in cash upon completion of the proposed transaction. The per share purchase price represent...

PARIS--(BUSINESS WIRE)--Regulatory News: On Wednesday, June 5th, CCF Group successfully closed its first Additional Tier 1 (AT1) issuance following the acquisition of HSBC's retail banking activities in France. The Group issued €225 million of AT1 further enhancing its very strong capital position. As a result, the Group’s proforma Total Capital Ratio now exceeds 20%. Concurrently, the Group launched a tender offer for the existing €100 million of AT1 instruments issued in 2019. Prior to announ...

DEER PARK, Texas--(BUSINESS WIRE)--OnPoint Industrial Services Expands Portfolio with Acquisition of Amerisafe Consulting and Safety Services...

MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler enters definitive agreement to acquire Aviditi Advisors. Visit pipersandler.com/news to learn more....

QUEBEC CITY--(BUSINESS WIRE)--H2O Innovation inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has acquired an industrial building and land adjacent to its Ham-Nord plant, which will allow the Corporation to expand its manufacturing activities in Quebec. With this acquisition, H2O Innovation will be adding 10,000 sq. ft. of production space to its plant, as well as 32,000 sq. ft. of outdoor storage space. H2O Innovation had already been leasing a portion of this space fo...

RESTON, Va.--(BUSINESS WIRE)--The Nemetschek Group (NEM.DE), a leading global provider of software solutions for the AEC/O and media industries, today announced that it has signed a definitive agreement to acquire all shares in GoCanvas Holdings, Inc., headquartered in Reston, Virginia, USA. GoCanvas® is a leading provider of field worker collaboration software that digitizes traditionally paper-based processes, simplifies inspections, improves safety, and maximizes compliance with more than 30...

PARIS & MUNICH--(BUSINESS WIRE)--Regulatory News: CTS EVENTIM, a leading international provider of ticketing services and live entertainment, and Vivendi (Paris:VIV), a global leader in culture, entertainment, media and communications, today announced that they have completed the sale of Vivendi’s festival and international ticketing activities. A put option agreement was signed on 2 April 2024. The total enterprise value of the transaction is approximately €300 million. Vivendi’s ticketing and...

AUSTIN, Texas & SAN FRANCISCO--(BUSINESS WIRE)--Serent Capital, a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced that its portfolio company, Sceptre Hospitality Resources (SHR), a leading provider of meaningful technology that helps hotels execute their best revenue generation strategies, has been acquired by The Access Group, a leading provider of business management software to small and mid-sized organizations. Founded in 2012, SHR...

NEW YORK--(BUSINESS WIRE)--Arweave Adds Over 7M Users As Forward Research Acquires Odysee and Solarplex....