Merger & Acquisition News

MIDLAND, Texas--(BUSINESS WIRE)--JMR Services today announced the closing of its previously-announced merger with A-Plus P&A LLC and subsequently acquired BCM & Associates, Inc....

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced it has completed its acquisition of Masonite International Corporation (“Masonite”), a leading global provider of interior and exterior doors and door systems. All outstanding Masonite common shares have been acquired by Owens Corning for $133.00 per share, with an implied transaction value of approximately $3.9 billion. “The addition of Masonite to Owens Corning marks a significant milestone for our company, as we further...

DETROIT--(BUSINESS WIRE)--Leading middle-market private equity firm Huron Capital (“Huron”) announced today that its portfolio company, 1-800 Hansons (“Hansons” or “the Company”), a premier provider of residential repair and renovation services with a focus on windows, roofing, siding, gutters, and one-day bath solutions, has acquired Paramount Builders, LLC (“Paramount”). Established in 1991, Paramount is an established home repair provider based in Virginia Beach, Virginia, serving homeowners...

PHILADELPHIA & BOSTON--(BUSINESS WIRE)--Gregory FCA, one of the nation’s top 40 largest public relations firms, has acquired BackBay Communications, a specialized financial strategic communications agency with offices in Boston and London. Based on O'Dwyer's 2024 ranking of financial PR firms, the deal creates the country’s sixth largest financially focused strategic communications firm. The BackBay acquisition is part of Gregory FCA's broader growth strategy and its third acquisition with mino...

JACKSON, Wyo.--(BUSINESS WIRE)--Greybull Stewardship (“Greybull”), a private investment firm that partners with small, established businesses to help them grow and scale, today announced it has sold Summit Professional Education (“Summit”) to Avathon Capital (“Avathon”). Founded in 2004, Summit is a national leader in providing high quality continuing education for allied health professionals. The company provides continuing and professional education (CPE) courses nationwide for physical thera...

JERSEY CITY, N.J. & ROCHESTER, N.Y.--(BUSINESS WIRE)--Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of 3G Packaging, Inc. (“3G” or the “Company”). The transaction represents the 86th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. 3G was...

GRAND FORKS, N.D. & ROCHESTER, Minn.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank (“Home Federal”). Under the terms of the...

NEWARK, Calif.--(BUSINESS WIRE)--Vector Laboratories, a manufacturing partner of reagents and critical components for the development and production of life sciences tools, diagnostics, and clinical-stage biotherapeutics, today announced its intention to merge with Absolute Biotech, a unified company of multiple antibody-centric brands. The transaction, which is a milestone in Vector Laboratories’ commitment to better serve life science customers, solidifies its position as a comprehensive supp...

NEW YORK & DALLAS & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Fortress Investment Group (“Fortress”) and Mubadala Investment Company (“Mubadala”), through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have completed the previously announced acquisition of the 90.01% of the equity of Fortress that was held by SoftBank Group Corp. (“SoftBank”). Terms of the deal were not disclosed. With the close of the transaction, Fortress...

NEW YORK--(BUSINESS WIRE)--Toggle AI, a leading provider of innovative artificial intelligence solutions for investing used by hedge funds and leading Wall Street banks and brokerages today announced they are acquiring Atom Finance, a leading financial data and analysis platform. Atom Finance is a top provider of frontend infrastructure for banks, brokerages, wealth managers and fintechs. The acquisition will enable Toggle AI to enhance its offering by incorporating Atom Finance's robust suite...