Merger & Acquisition News

PHOENIX--(BUSINESS WIRE)--Independence Pet Holdings, Inc. (“IPH”), an innovative multi-brand, omni-channel pet insurance provider, today announced that it has acquired a majority interest in Spot Pet Insurance (“Spot”), a fast-growing pet insurance brand that offers dog and cat insurance plans in the United States and Canada. This transaction builds on a successful partnership that began in 2022 with IPH’s first investment in Spot. Today, IPH handles Spot’s underwriting, customer service, claim...

NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading partnership of fiduciary wealth management and related financial services firms, announced today that five U.S.-based business lines within partner firm Connectus Wealth Advisers have formally joined Focus firm The Colony Group, LLC. The business lines joining Colony are Atlas Private Wealth Management, Connectus Private, Hunt Valley Wealth, Mid-Continent Capital and NEIRG Wealth Management. Through this transaction, the Connec...

NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading partnership of fiduciary wealth management firms and related financial services firms, announced today that the NorthCoast Asset Management business line of Connectus Wealth Advisers, headquartered in Greenwich, Connecticut, has formally joined fellow Focus firm Kovitz Investment Group Partners, LLC. NorthCoast joined Connectus in 2021 and specializes in quantitative research, a systematic investment process and a rigorous appr...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--AUA Private Equity Partners, LLC (“AUA Private Equity” or the “Firm”), is pleased to announce, on behalf of its portfolio company Western Smokehouse Partners, LLC (“Western” or “Western Smokehouse Partners”) the acquisition of substantially all of the assets of Golden Valley Natural, LLC dba Hero Snacks (“Golden Valley” or “GVN”). Golden Valley is a family-owned company in the meat snack industry with a focus on all-natural and organic jerky. Similar to W...

KALAMAZOO, Mich.--(BUSINESS WIRE)--Stryker announced the signing of a definitive agreement to acquire all of the issued and outstanding shares of Artelon....

HOUSTON & BANNOCKBURN, Ill.--(BUSINESS WIRE)--Waste Management, Inc. (NYSE: WM) and Stericycle (NASDAQ: SRCL) announced today that they have entered into a definitive agreement under which WM will acquire all outstanding shares of Stericycle for $62.00 per share in cash, representing a total enterprise value of approximately $7.2 billion when including approximately $1.4 billion of Stericycle’s net debt. The per share price represents a premium of 24% to Stericycle’s 60-day volume weighted aver...

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Acquires Aqua Prop, an Innovative Wet Sand Solutions Provider...

GREENWICH, Conn.--(BUSINESS WIRE)--Greenbriar Equity Group, L.P. (“Greenbriar”), announced that funds managed by Greenbriar completed the acquisition of Renuity (the “Company”), a tech-enabled home services platform, in partnership with Company management, from York Capital Management’s private equity group (“York Private Equity”) and other minority investors. Financial terms of the private transaction were not disclosed. Renuity was founded in early 2019 to aggregate best-in-class home service...

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) (“ELC”) announced today that it has completed its acquisition of the Canadian-based, vertically integrated, multi-brand company DECIEM Beauty Group Inc. (“DECIEM”). ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period. ELC closed on the purchase of the remaining interests on May 31,...

PARIS--(BUSINESS WIRE)--Regulatory News: Further to the press release dated February 21, 2024 and following receipt from the various entities employee representative bodies’ opinions involved in the transaction, as well as the approval of the Boards of Directors of Axway (Paris:AXW), Sopra Steria and Sopra GMT, Axway announces that on May 31, 2024 it has signed an agreement to acquire most of Sopra Banking Software’s activities, representing, on a stand-alone basis, revenue of €359m1. Axway's B...