Merger & Acquisition News

CANTON, Mass.--(BUSINESS WIRE)--Dawson-Forté Cashmere, wholesaler and distributor of KINROSS and &Isla branded luxury apparel, sells majority equity stake to Tempus Partners...

HARRISBURG, Pa.--(BUSINESS WIRE)--MITER Brands, a leading manufacturer of residential windows and doors, is thrilled to announce the successful completion of its acquisition of PGT Innovations, a premier manufacturer of highly engineered and technically advanced windows and doors. The acquisition combines two of the industry’s most innovative and customer-focused companies as they combine under a shared vision to build the most valued window and door brand in America. MITER Brands, known for it...

HOUSTON--(BUSINESS WIRE)--Race Rock, a nationwide manufacturer and supplier of critical infrastructure products and solutions for transportation, energy transmission/distribution, telecommunications, and other end markets, has acquired Texas Corrugators – Austin Division, LLC (Texas Corrugators). Texas Corrugators, based in Hutto, TX, supplements Race Rock’s existing Texas operations in Fort Worth and Houston, as well as its other manufacturing sites in Glastonbury, CT and Marion, OH. Texas Cor...

BOSTON & INDIANAPOLIS--(BUSINESS WIRE)--Zapata Computing, Inc. (“Zapata AI”), the Industrial Generative AI software company developing solutions to solve enterprises’ most difficult, industrial-scale problems, announced today that it has completed its business combination with Andretti Acquisition Corp. (NYSE: WNNR), a special purpose acquisition company. The combined company, which was renamed Zapata Computing Holdings Inc., will operate as Zapata AI and its common stock and warrants will begi...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has recently completed the acquisitions of three comprehensive treatment centers (“CTC”) in North Carolina. Two of the locations, rebranded as Raleigh Comprehensive Treatment Center and Greenville Comprehensive Treatment Center, are located in Raleigh, North Carolina, and Greenville, North Carolina, respectively. The third acquired location, rebranded as Hillsborough Comprehensive Treatment...

VENICE, Fla.--(BUSINESS WIRE)--PGT Innovations, Inc. (“PGTI” or the “Company”) (NYSE: PGTI) today announced that MIWD Holding Company LLC (“MITER Brands”) completed the acquisition of PGTI. The transaction was announced on January 17, 2024, and received approval of PGTI's stockholders on March 18, 2024. In accordance with the definitive merger agreement, PGTI stockholders will receive $42.00 in cash for each share of PGTI common stock. With the completion of the acquisition, PGTI's common stock...

LOS ANGELES--(BUSINESS WIRE)--Today, ChowNow, the leading online ordering and marketing platform for independent restaurants, announced the acquisition of Cuboh, a prominent startup specializing in streamlining online orders for the restaurant industry. This strategic move is set to enhance ChowNow's robust suite of digital tools, further empowering independent restaurants to thrive in a competitive digital landscape. One Comprehensive Off-Premise Solution for Restaurants Restaurant operators w...

LOS ANGELES & BOSTON--(BUSINESS WIRE)--The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot to be acquired for $18.25 billion. The details of this sale were made public in press releases issued this morning by The Home Depot and SRS. SRS is a leading distributor of residential and commercial building products in the United States, with more than 760 branches across 47 states. The Home...

MCKINNEY, Texas--(BUSINESS WIRE)--SRS Distribution Inc. (“SRS”) announced today that it has entered into a definitive agreement with The Home Depot to be acquired for $18.250 billion. Under the terms of the agreement, SRS Distribution will operate as an independent business unit within The Home Depot, focused on accelerating growth in the Pro market. Over the past 16 years, the SRS family has become one of the fastest-growing building products distributors in the United States. This proposed tr...

BOSTON & ST. LOUIS--(BUSINESS WIRE)--Latch announced the launch of Door Property Management and the acquisition of the property management business of The Broadway Company (TBC)....