Merger & Acquisition News

PARIS & LONDON--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment manager, today announced it had entered into exclusive negotiations to acquire the remaining 55% stake in Rubis Terminal that it does not already own from Rubis SCA, a French energy group. If completed, the transaction would bring I Squared’s ownership of Rubis Terminal to 100%, reinforcing its commitment to the company. The equity value of the acquired stake is €375 million. Commenting on...

MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), announced today that it has acquired Alfamation S.p.A. (“Alfamation”), a leading global provider of state-of-the-art test and measurement solutions for the automotive, life science...

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that it has entered into an agreement to acquire Valeport Holdings Limited and its affiliates (“Valeport”). Valeport, founded in 1969 and headquartered in Totnes, United Kingdom, designs and manufactures underwater sensors for environmental, energy, construction and defense applications. Terms of the transactions were not disclosed. Valeport provides complementary underwater sensor...

SAN FRANCISCO & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Today, Innovaccer, a leading healthcare company, has announced the completion of its acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. This strategic move reinforces Innovaccer’s commitment to accelerating value-based care across the healthcare ecosystem and have the largest distribution of providers and pharmacy network combined. PQS covers 95% of all community pharmacies and 10 of...

AUSTIN, Texas--(BUSINESS WIRE)--SAM, the nation's leading provider of professional Geospatial and Inspection services across the utility, transportation, and broader infrastructure markets, today announced that GdB Geospatial (GdB), a geomatics, GIS, and spatial data management firm based in New York has joined SAM through a merger with its SAM-NY Geospatial company. The merger creates a stronger player in Managed Geospatial Services™ and infrastructure mapping, further solidifying its position...

PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Bally’s Corporation (NYSE: BALY) today announced that it has formed a special committee of independent and disinterested directors that is authorized, among other things, to evaluate the preliminary, non-binding proposal, dated March 11, 2024, by Standard General to acquire all of the outstanding shares of Bally’s that it does not already own for $15.00 in cash per share, as well as any potential strategic alternatives to the proposal...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Southeast Primary Care Partners (SPCP), a primary care-focused medical group dedicated to achieving true value-based care everywhere, today announced a new practice partnership with Medical Group of Central Georgia. Led by Dr. Mohammad N. Al-Shroof, M.D., the primary care and family medicine provider serves Warner Robins and Butler Georgia and is dedicated to the health and well-being of the cities’ residents. Dr. Al-Shroof founded Medical Group of Central Geor...

SAN DIEGO--(BUSINESS WIRE)--HCAP Partners, a California-based private equity firm and nationally recognized impact investor, alongside seasoned healthcare executives Anthony DeSena and Roy Leitstein, today announced the acquisitions of Behavioral Medicine Associates (BMA), Workers Compensation Psychological Network (WCPN), and Reservoir Health, merging under PAX Health (PAX). The combination of the three businesses under the PAX Health umbrella creates one of the largest behavioral health busin...

SAN DIEGO--(BUSINESS WIRE)--DirectMed Imaging, the premier supplier of aftermarket medical imaging parts, systems, and training, today announces the acquisition of Houston-based Titanium Medical Imaging, a company with vast expertise in Canon/Toshiba medical parts and systems. With the addition of this inventory and expertise, DirectMed Imaging can now offer customers across the globe immediate access to mission-critical inventory for all four major original equipment manufacturers (OEM). Direc...

DALLAS--(BUSINESS WIRE)--Apex Fintech Solutions Inc. (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management, announced today that it has acquired AdvisorArch, a portfolio management company and modern rebalancer for financial advisors. With this acquisition, Apex will strengthen its RIA Custody & Execution Platform with a suite of digital advice tools that enable wealth management firms to build remarkable client experiences at scale. AdvisorArch...