Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--ClearBridge Investments sends letter to Model N, Inc. to urge Board of Directors to reconsider recently announced agreement to be acquired....

HOUSTON--(BUSINESS WIRE)--Pickering Energy Partners Acts as Buy-Side Advisor in O.G. Oil & Gas's Acquisition of Non-Operated Gulf of Mexico Assets...

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Pape-Dawson Engineers has acquired Florida-based engineering firm, GradyMinor, as part of its growth strategy to expand its industry-leading multidisciplinary engineering practice across the United States. Founded in 1981, GradyMinor is a full-service engineering firm with 75 team members who specialize in municipal engineering, land development, land planning, surveying and mapping, and landscape architecture. The firm is headquartered in Bonita Springs,...

ONTARIO, Calif.--(BUSINESS WIRE)--Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center from Medical Properties Trust (MPT) for $350 million. The acquisition was funded with $250 million of cash on hand and a $100 million Promissory Note that is carried by MPT. The transaction results in a $215 million reduction in Prime’s debt obligations to MPT related to these assets. Prime Healthcare is...

MORRISVILLE, N.C.--(BUSINESS WIRE)--The JF Petroleum Group (“JF”), a leading provider of fueling system solutions, including equipment distribution, maintenance & repair, installation & construction, and general contracting services across North America, announced today that it has acquired GE Goodson Service Company, Inc (“Goodson”). Goodson is an established general contractor serving the petroleum equipment industry, headquartered in Midland, Texas, that also provides maintenance &am...

ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government clients, including healthcare programs supporting veterans, active-duty military...

LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, announced today that Solero Technologies has signed an agreement with Kendrion (KENDR.AS) to acquire Kendrion’s automotive business in Europe and the United States. Solero Technologies will effectuate the transaction with support from Atar Capital. The transaction is expected to close in Q3 2024, subject to customary conditions. The transaction has an enterprise value of roughly USD 70 million (EUR 6...

LOS ANGELES--(BUSINESS WIRE)--Partners Group, a leading global private markets firm, has agreed to acquire a strategic minority stake in Trinity Investments, a U.S. based hospitality-focused real estate investor, to support its future growth. Partners Group will initially target a U.S. $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity’s North American, European, and special situations investment platforms. Partners Group’s acquisition o...

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it has acquired privately-held Becnel Rental Tools LLC (Becnel), effective April 15, 2024. The $50 million purchase price was paid in combination of $32.5 million in Company s...

TORONTO--(BUSINESS WIRE)--CI Global Asset Management merges 11 funds into other funds, and repositions the CI Personal Portfolios into the CI Mosaic ETF Portfolios lineup....