Merger & Acquisition News

TEL AVIV, Israel--(BUSINESS WIRE)--oceansix future paths Ltd. (“oceansix” or the “Company”), a leader in advanced recycling and manufacturing technological solutions with a presence on the TSX Venture Exchange in Toronto (TSXV: CUSIP 001194828, OSIX), in New York (OTCQB: AKMYF), and Frankfurt Stock Exchange (WKN: A3EFB0, ISIN: IL0011948283, 5FC0), is pleased to announce that today it has entered into an asset purchase agreement (the “Agreement”) pursuant to which oceansix, through its subsidiar...

LONDON--(BUSINESS WIRE)--Bregal Milestone, a leading European technology and software private equity firm, is pleased to announce the acquisition of Aktieinvest Incentives by its portfolio company, Allshares, a pioneering compensation and long-term incentive software and services provider. Following Allshares’ recent acquisition of Novare Pay, the strategic addition of Aktieinvest Incentives further establishes the company at the forefront of providing comprehensive compensation and incentive s...

HOUSTON--(BUSINESS WIRE)--Last month UTEX Industries, Inc. completed the acquisition of the assets of the Rubber Division of Teescraft Engineering Group, based in Ashington, United Kingdom. The Rubber Division of Teescraft Engineering Ltd. will merge with the recently formed UTEX Europe to further expand the manufacturing capacity and range of products that UTEX Europe can provide to customers requiring engineered sealing solutions in the Europe, the Middle East and Africa (EMEA) market. “We ar...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, announced the acquisition of Caspian Insurance, a long-standing agency serving Sherman Oaks, California. Founded in 1985 by Ira Monifi, Caspian Insurance has been a trusted name in the insurance industry, specializing in insuring properties such as apartment buildings, shopping centers, and office buildings. Over the years, Caspian Insurance has b...

LAKE FOREST, Ill.--(BUSINESS WIRE)--HealthFitness, a Trustmark company, is pleased to announce the acquisition of Professional Fitness Management, LLC, (ProFit)....

NEW YORK--(BUSINESS WIRE)--EasyKnock, the country’s first home equity solutions platform, has acquired the assets of home equity investment firm HomePace, enhancing the company’s complementary suite of products and services that give consumers alternative ways to buy and sell, finance new homes, and use their equity. The founding team of HomePace will be joining EasyKnock; executive announcements will be made soon. Terms of the deal were not disclosed. Following its recent spate of asset acquis...

ATLANTA--(BUSINESS WIRE)--Domain Timber Advisors, LLC today announced the acquisitions of five new assets totaling 5,800 acres on behalf of its forestland portfolio....

ZEPHYR COVE, Nev.--(BUSINESS WIRE)--TortoiseEcofin Acquisition Corp. III (“TRTL”) (NYSE: TRTL), an energy transition-focused special purpose acquisition company, announced that TRTL Holding Corp., a Delaware corporation and wholly-owned subsidiary of TRTL (“Pubco”), publicly filed a registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") in connection with TRTL’s proposed business combination (the “Business Combination”) with On...

CHICAGO--(BUSINESS WIRE)--Sweetmore Bakeries is pleased to announce that it has completed an acquisition of Sweet Eddie’s Inc., a wholesale manufacturer of cinnamon rolls and other high-quality baked goods. The acquisition of Sweet Eddie’s will add to the already expansive set of premium products offered by Sweetmore Bakeries across retail and foodservice channels. Sweetmore Bakeries’ Chief Executive Officer, David Veenstra, commented, “We are thrilled to add Sweet Eddie’s to the Sweetmore fami...

SAN FRANCISCO & BERLIN--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda Taiwan is subject to regulatory approval and other customary closing conditions and is targeted to close in the first half of 2025. Separately, the companies have also entered into an agreement for Uber to purchase $300 million in ne...