Merger & Acquisition News

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Longhorn Steakhouse property for $2.0 million. The property is located in a highly trafficked corridor in Illinois and is corporate-operated under a net lease. The transaction was priced at a cap rate in ra...

CAMBRIDGE, Ontario--(BUSINESS WIRE)--ATS Corporation (TSX: ATS) (NYSE: ATS) (“ATS” or the “Company”) a leading automation solutions provider, today announced it has entered into a definitive agreement to acquire Paxiom Group (“Paxiom”), a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries. “With a dynamic product mix and a growing global footprint, Paxiom will be a great addition to ATS,” said Andrew Hider, Chief...

HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services, has completed its acquisition of Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity, and production optimization solutions based in Aberdeen, Scotland. The effective date of closing was May 1, 2024. The acquisition of Coretrax, from an investment group led by Buckthorn Partners, will enable Expro to expand its portfolio of cost-effective, technology-enabled Well Con...

ST. PAUL, Minn. & SMYRNA, Ga.--(BUSINESS WIRE)--Dessert Holdings®, North America’s premium dessert company, has acquired Kenny’s Great Pies, a premier manufacturer of high quality clean label pies....

TORONTO--(BUSINESS WIRE)--Cardinal Point Wealth Management (“Cardinal Point” or “CPWM”), an independent cross-border wealth management firm with offices in the United States and Canada, announced today that GMG Private Counsel ULC, which is part of the GAVIN Hockey Wealth Specialists group (“GAVIN”) will combine with CPWM on or about June 1, 2024 to provide expanded financial planning, wealth management, investment and related services to active and retired professional athletes through CPWM. G...

BROOMFIELD, Colo. & FOSTER CITY, Calif.--(BUSINESS WIRE)--LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, and Exabeam, a global cybersecurity leader that delivers AI-driven security operations, today announced that the companies have entered into a merger agreement. The combined company will leverage the complementary strengths from each organization to take AI-driven security operations to new heights. “Together ou...

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Mill Point Capital to Acquire Majority Stake in iQor; Acquisition Accelerates the Company’s Growth Opportunities in CX....

MINNEAPOLIS--(BUSINESS WIRE)--Crisp, the open data retail platform for the consumer goods industry, has announced the acquisition of two separate entities: SetSight and Lumidata. Both companies are based in Minneapolis and work with retail agencies, brokers and consumer goods brands to provide sales and supply chain data to CPGs selling through Target, Best Buy, and other major retail chains. SetSight’s and Lumidata’s agency and supplier customers represent over 2500 CPG brands, who will gain s...

JERSEY CITY, N.J. & WOODBRIDGE, Ontario--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Canpaco, Inc., Crystal Poly Converters, Arcadian Paper Converters, Inc., and Canadian Paper & Packaging Co. LTD (together “Canpaco” or the “Company”). The transaction represents the 87th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dad...

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Catalyst Acoustics Group, Inc. (“Catalyst Acoustics Group” or “CAG”), a portfolio company of The Stephens Group, LLC (“Stephens Group”) and a platform for an elite group of acoustic, seismic, vibration and noise control companies that together offer the broadest portfolio of noise control solutions in the market, announced today that it finalized its acquisition of the assets of Madrid, Inc., a California-based leader in wood products for architectural ceilin...