Merger & Acquisition News

NEW YORK & PITTSBURGH & LOS ALAMITOS, Calif. & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--TruFood Manufacturing, a leading U.S. contract manufacturer specializing in better-for-you nutrition bars, chocolate and baked granola, today announced the successful completion of its combination with Bar Bakers, LLC (“Bar Bakers”), a prominent player in nutritional snacks manufacturing. The union of these two leading companies is expected to create a scaled industry player with a significant footp...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9% sequential increase. Orders grew 28% sequentially to $204 million, with a book-to-bill ratio of 101%. The first quarter 2024 net loss was $10 million, or $0.85 per diluted share, compared to a net loss of $17 million, or $1.64 per diluted share, for the fourth quarter 2023. First quarter 2024 special items, on a pre-tax basis, included $6 million of transaction...

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the “Company”), the leading medical education group and digital health services provider in Brazil, announced today that it has entered into a share purchase agreement for the acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Unidom Participações S.A. (“Unidompedro” and “Faculdade Dom Luiz”), present in Salvador (BA), Luis Eduardo Magalhães (BA), B...

TEWKSBURY, Mass.--(BUSINESS WIRE)--Metro Sign & Awning announces their ownership group has purchased ViewPoint Sign & Awning, a highly respected signage company based in Northborough MA...

READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced it has entered into a definitive agreement to acquire Bren-Tronics, Inc. in an all-cash transaction of $208 million. The purchase price represents approximately 8.7x Bren-Tronics’ adjusted EBITDA for the twelve months ending December 31, 2023. Bren-Tronics, headquartered in Commack, N.Y., is a privately held company with a legacy of innovation since 1973....

ISELIN, N.J.--(BUSINESS WIRE)--Ephicacy Consulting Group, a leading biometrics Contract Research Organization, today announced that it has acquired Advance Research Associates....

DENVER--(BUSINESS WIRE)--Valcadia Healthcare Partners LLC (“Valcadia” or “VHP”), an independent healthcare investment bank established in 2023, announces the closing of its first completed mergers and acquisition engagement, in February 2024. The transaction target, which was not disclosed, operates an outsourced clinical research services business focused on Alzheimer’s disease and liver disease and is based in the Southeastern United States. The acquirer is a private equity backed clinical re...

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower is announcing record first-quarter earnings achieved as of March 31, 2024, through business growth and sales momentum in its Workplace Solutions and Personal Wealth units. The company now administers over $1.6 trillion in assets for 18.6 million individuals.1 In addition, Empower is announcing the completion of its integration of the retirement business it acquired from Prudential Financial in 2022. Empower released results as part of a broader...

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital”) today completed its previously announced acquisition of Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC (“SLS”). Immediately following the closing of the acquisition, SLS merged into Newrez LLC (“Newrez”). Transaction highlights: Adds ~$149b in unpaid principal balance of servicing, adding $104bn third-party and other servicing to Newrez portfolio Adds new...

LOS ANGELES--(BUSINESS WIRE)--Charger Investment Partners (“Charger”) announced today that it has partnered with management to complete the acquisition of Wolf-Gordon Inc. (“Wolf-Gordon” or the “Company”), a leading designer, marketer, and supplier of premium interior surface products for a wide range of end markets including hospitality, healthcare, education, corporate, restaurants and retail. Headquartered in New York City, Wolf-Gordon offers an extensive product line including commercial, P...