Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Churchill Asset Management (“Churchill” or the “Firm”) today announced that it served as Sole Lead Arranger for a first lien credit facility to support the acquisition of Handgards (the “Company”) by Wynnchurch Capital, L.P. (“Wynnchurch"). Headquartered in El Paso, Texas, Handgards is a leading distributor of foodservice products, including disposable gloves, reclosable bags, tabletop items, expendables, and other carryout products. The Company operates eight facilit...

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”, or the “Company”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has signed an Asset Purchase Agreement to acquire Richmond Master Distributors, Inc. (“Master Distributors”), of South Bend, Indiana. “We are honored that Patrick Carrico and Scott Carrico have chosen AMCON to continue the legacy and stewardship of this outstanding enterprise, with a long history of...

CINCINNATI--(BUSINESS WIRE)--LSI Industries Inc. (NASDAQ: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced the acquisition of privately held EMI Industries (“EMI”) for an all-cash purchase price of $50 million. Florida-based EMI is an award-winning metal and millwork manufacturer of standard and customized fixtures, displays, and food equipment for the convenience store, grocery, and restaurant industries. For more th...

NEW YORK--(BUSINESS WIRE)--Today, Sundial Media Group LLC (SMG), a division of The Sundial Group of Companies led by Executive Chair Richelieu Dennis, announces the acquisition of Refinery29, a creative digital media and entertainment platform with a multigenerational focus on women. The acquisition expands the reach of Sundial’s media properties, and further affirms their commitment to empowering authentic voices of creators and communities shaping culture in the New General Market. SMG is a v...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell 351-bed Tennova Healthcare – Cleveland in Cleveland, Tennessee, and certain related businesses to affiliates of Hamilton Health Care System, Inc. for $160 million in cash, subject to certain net working capital and other adjustments. Additional consideration may be received following the transaction contingent upon...

TORONTO--(BUSINESS WIRE)--In a strategic move to bolster its vertical AI strategy for asset-intensive industries, HubHead Corp. announced today its acquisition of the assets of DataSeer, Inc. The acquisition adds to HubHead’s portfolio of tools focused on using AI and machine learning to improve asset and maintenance master data and assisting asset-intensive businesses in digitizing data to create digital twins. HubHead’s software improves the effectiveness of our customers’ Enterprise Asset Ma...

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its first quarter 2024 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, May 2, 2024. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its first quarter 2024 results. About Pioneer Pioneer is a large independent oil and gas exploration and production company, headquartered in...

ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: SIX) (the “Company,” “Six Flags,” “we,” “us” or “our”), the world’s largest regional theme park company and the largest operator of water parks in North America, today announced that the Company and its wholly-owned subsidiary, Six Flags Theme Parks Inc. (“SFTP”), as co-issuers, have priced $850 million aggregate principal amount of 6.625% Senior Secured Notes due 2032 (the “Notes”) at an offering price of 100.000% of...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, announces the strategic acquisition of Talerity, LLC, a specialized insurance agency focusing on professional liability for medical providers. Founded in 2008 by Cary Smith, Talerity has carved a niche in the insurance landscape with its forward-thinking approach to risk management for healthcare providers. With a rich heritage rooted in Cary's ex...

FULDA, Germany--(BUSINESS WIRE)--Proemion Holding GmbH, a global provider of advanced data and analytics technology for mobile industrial assets, announced an agreement to acquire TrendMiner NV, an industrial analytics company, from Software AG. The spinout and acquisition of TrendMiner, based in Belgium, will significantly expand Proemion’s existing analytics capabilities for critical industrial equipment, which help equipment manufacturers and operators gather machine data remotely and contin...