Merger & Acquisition News

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization capabili...

BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Capital Advisors LLC (“Destra Capital”), a boutique asset management firm, today announced that it will acquire the investment management contracts for the Altegris/AACA Opportunistic Real Estate Fund, Altegris Futures Evolution Strategy Fund, the Altegris/Crabel Multi-Strategy Fund and various other related assets to include the Altegris Winton Futures Fund LP from Altegris Advisors LLC (“Altegris”). Altegris has been at the forefront of providing innova...

DALLAS--(BUSINESS WIRE)--Elk Range Royalties (“Elk Range”) is pleased to announce its first acquisition of certain mineral and royalty interests (“the Acquisition”) in the Appalachian Basin from an undisclosed private seller. The Acquisition included roughly 8,000 net royalty acres across 3 states, including West Virginia, Pennsylvania, and Ohio. This marks the first Appalachian Basin deal closed by Elk Range. The Acquisition includes 194 producing gross locations and approximately 0.67 net wel...

NEW YORK--(BUSINESS WIRE)--One Equity Partners announces that it has acquired Acteon Group....

AUSTIN, Texas--(BUSINESS WIRE)--Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an industry leader in investment accounting and management solutions. The acquisition marks the latest in a series of strategic investments by Abrigo to help financial institutions streamline risk and accounting management processes while ensuring internal and regulatory compliance. TPG optimizes critical risk management, accounting,...

SAN JOSÉ, Costa Rica & ZEPHYR COVE, Nev.--(BUSINESS WIRE)--LatAm Logistic Properties, S.A. (“LLP”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, and two, a Cayman Islands exempted company (“TWOA”), today announced the successful closing of their previously disclosed business combination (the “Business Combination”). Upon the completion of the Business Combination, LLP and TWOA became subsidiaries of L...

NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI). The Business, which is being rebranded as Guidant, is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain. Headquartered in Houston, TX, Guidant offers a...

LONDON--(BUSINESS WIRE)--H.I.G. WhiteHorse Europe, a credit affiliate of global investment firm H.I.G. Capital, has arranged a financing package for Connexta....

ATLANTA--(BUSINESS WIRE)--Connext, a portfolio company of Garden City Equity and partner of choice for national chains and multi-site retailers in need of scalable IT deployment solutions, announced today that it has acquired Trextel, a provider of fully managed services focused on enterprise connectivity, mobility, security and IoT technologies. Connext and Trextel’s shared focus on large enterprise customers stems from their shared history – Connext was formerly the deployment and field servi...

ZUG, Switzerland & SINGAPORE--(BUSINESS WIRE)--SingularityNET (SNET), the world's first decentralized Artificial Intelligence (AI) network, Fetch.ai, a Web3 platform for the new AI economy, and Ocean Protocol, a decentralized data exchange platform to protect data, today announced the launch of the Artificial Superintelligence Alliance. The creation of the largest open-sourced, decentralized network through a multi-billion token merger is a major step that accelerates the race to Artificial Gen...