Merger & Acquisition News

LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $500 million in aggregate principal amount of senior unsecured notes due 2029 (the “Notes”). The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 and certain future subsidiarie...

LONDON--(BUSINESS WIRE)--Noventiq Holdings PLC (Noventiq), a leading provider of digital transformation and cybersecurity solutions and services, announces the appointment of Huong Tran as the new Chief Financial Officer for its Asia Pacific operations, encompassing Singapore, Vietnam, Malaysia, Philippines, Indonesia, and Thailand. Huong joined Noventiq in 2019, bringing with her a decade of experience in the financial sector, including pivotal roles in Treasury Management, Fund Raising, Finan...

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced it has signed a definitive agreement to acquire Venafi, a leader in machine identity management, from Thoma Bravo. This acquisition will combine Venafi’s best-in-class machine identity management capabilities with CyberArk’s leading identity security capabilities to establish a unified platform for end-to-end machine identity security at enterprise scale. Digital transf...

TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced its acquisition of Terminal Maintenance and Construction (“TMC”), a premier provider of terminal maintenance services for the trucking industry in the Southeast. While initially continuing to focus on commercial customers...

FORT MYERS, Fla.--(BUSINESS WIRE)--Juniper Landscaping Expands into New Markets with Acquisition of Davis Landscaping...

BOSTON--(BUSINESS WIRE)--Battery Ventures, a global, technology-focused investment firm, today announced it has agreed to acquire steute Technologies GmbH & Co. KG, a company with over 60 years of experience in manufacturing innovative technology solutions for the medical and industrial sectors. Based in Löhne, Germany, steute is a global manufacturer of switches, sensors and other products that enable increased automation and safety. The company’s product line includes certified medical-co...

POST FALLS, Idaho--(BUSINESS WIRE)--StanCraft, a Hayden, Idaho-based private family of companies, in partnership with an investor group, proudly announce the acquisition of Templin’s on the River in Post Falls, Idaho. Founded in 1986, Templin’s is a 167-room waterfront hotel, bar and marina. With new, supportive ownership, the hotel will be upgraded throughout 2024 and 2025, building on its current features with updated amenities, landscaping, lighting, and guest room enhancements. All food and...

ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) (“Company,” “Avangrid,” “we” or “our”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that it has entered into a definitive agreement under which Iberdrola will acquire the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own for $35.75 per share in an all-cash transaction. The $35.75 per...

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumileds to sell its Lamps and Accessories Business to First Brands Group...

THOMASVILLE, Ga.--(BUSINESS WIRE)--Cleaver-Brooks announces that it has been acquired by Miura Co., Ltd., a leading global manufacturer of boilers headquartered in Japan. Commenting on the acquisition, Cleaver-Brooks President and CEO Bart Aitken said, “We look forward to working with the experienced leadership team at Miura. Their knowledge and involvement in our business will help us continue to engineer and manufacture best-in-class, sustainable boiler room solutions while providing a superi...