Merger & Acquisition News

Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.

May 1, 2024 at 6:00 AM

The Duckhorn Portfolio Closes Acquisition of Sonoma-Cutrer Vineyards

ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced the completion, effective April 30, 2024, of its acquisition of Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest and fastest-growing luxury Chardonnay brands in the U.S., from spirits and wine company, Brown-Forman Corporation (NYSE: BF.B) (“Brown-Forman”). The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Gr...
May 1, 2024 at 6:00 AM

UptimeHealth Announces Acquisition of Dental Whale, Including its Subsidiaries Dental Fix, Florida Dental Repair, and Front Office Rocks

BOSTON--(BUSINESS WIRE)--UptimeHealth, a leader in healthcare technology solutions based in Boston, Massachusetts, is proud to announce the successful acquisition of Dental Whale, the leading dental practice solutions and learning provider in North America, including its subsidiaries, Dental Fix, Florida Dental Repair and Front Office Rocks. These expansions enhance UptimeHealth's offerings and signal the launch of UptimeServices, a new subsidiary focused on expanded service solutions within th...
May 1, 2024 at 4:24 AM

EDGE Becomes a Global Player in Non-Lethal Technologies by Acquiring Industry Leader CONDOR

ABU DHABI, United Arab Emirates & SAO PAULO--(BUSINESS WIRE)--EDGE Becomes a Global Player in Non-Lethal Technologies by Acquiring Industry Leader CONDOR...
Apr 30, 2024 at 11:00 PM

Fast Fitness Japan Obtains Master Franchisee Rights for Anytime Fitness in Germany

TOKYO--(BUSINESS WIRE)--Fast Fitness Japan Obtains Master Franchisee Rights for Anytime Fitness in Germany and will expand its business operations in Germany....
Apr 30, 2024 at 5:31 PM

Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance’s Acquisition of AEL

WEST DES MOINES, Iowa--(BUSINESS WIRE)--Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance’s Acquisition of AEL...
Apr 30, 2024 at 5:23 PM

FirstSun Capital Bancorp and HomeStreet, Inc. Amend Merger Agreement

DENVER & SEATTLE--(BUSINESS WIRE)--FirstSun Capital Bancorp (OTCQX: FSUN) (“FirstSun”) and HomeStreet, Inc. (“HomeStreet”) (Nasdaq: HMST) today announced that they have mutually agreed to amend their definitive merger agreement that was entered into on January 16, 2024. The amendment provides for, among other things: an increase in FirstSun’s total equity capital raised in connection with the merger of an additional $45 million to $60 million, resulting in an increase from an aggregate capital...
Apr 30, 2024 at 4:30 PM

SiteOne Landscape Supply Announces Purchase of Majority Stake in Devil Mountain Wholesale Nursery

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (NYSE: SITE) announced today the company has purchased a majority stake in Devil Mountain Wholesale Nursery, LLC (“Devil Mountain”), joining forces with minority owner and CEO Drew McMillan. Devil Mountain is the largest wholesale distributor of landscape trees and plants in California, with eight wholesale nursery distribution branches and six growing facilities across the state. The transaction includes the option for SiteOne to pu...
Apr 30, 2024 at 1:00 PM

Inszone Insurance Services Expands its Reach with Acquisition of Canyon Pacific Insurance Services

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, announces the successful acquisition of Canyon Pacific Insurance Services, a well-established independent insurance agency serving the vibrant community of Palm Springs and beyond. Founded in 2011, Canyon Pacific Insurance Services has carved a niche for itself as a trusted provider of insurance solutions in Palm Springs and across California. Kno...
Apr 30, 2024 at 1:00 PM

Arcadea Group Announces Strategic Acquisition of AgCode

GLENWOOD, Minn. & TORONTO--(BUSINESS WIRE)--AgCode, a leading provider of farm management solutions for the Specialty Crop industry, has been acquired from corporate owner Wilbur-Ellis by Arcadea Group, a growth-focused, long-hold investor in vertical market SaaS. The acquisition will empower AgCode to accelerate its product development and global footprint while maintaining its exceptional customer support and long-term commitment to the industry. Since its founding in 2002, AgCode has become...
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