Merger & Acquisition News

OTTAWA, Ontario & MARLBOROUGH, Mass.--(BUSINESS WIRE)--Superna, a leading provider of software for the management and advanced protection of data across cloud and on-premises environments, today announced that it has entered into a definitive agreement to acquire data security innovator, DefendX, for an undisclosed amount. The purchase includes the ongoing retention of certain key DefendX employees. “Industry analysts like Gartner – in their July 2023 Hype CycleTM for Storage and Data Protectio...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Solace Capital Partners, L.P. (“Solace”), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced that its portfolio company CST Industries, Inc. (“CST” or the “Company”), a global leader in storage tanks and covers, has acquired Ostsee Tank Solutions GmbH (“OTS”). OTS is a leading manufacturer of innovative tank solutions, including aluminum domes and covers, for various industrial application...

BOSTON--(BUSINESS WIRE)--Spinnaker Life Sciences Strategy Consulting Emerges as a Leader Through Merger of Red Team Associates, Brooks Hill Partners & Solstice Strategy Group...

CHICAGO--(BUSINESS WIRE)--Veradigm Inc. (NASDAQ: MDRX) (the “Company”), a leading provider of healthcare data and technology products and solutions, today announced that it has signed a definitive agreement to acquire ScienceIO. The transaction has been unanimously approved by the Veradigm Board of Directors and is expected to close as promptly as practicable following the satisfaction of customary closing conditions. Founded in 2019, ScienceIO is a leading AI platform and foundation model prov...

AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the fiscal year ended December 31, 2023. Year End 2023 Financial Highlights and Operational Updates Total sales of $614.0 million (on sales volumes of 11.0 million tons) Net income of $226.5 million (37% Net Income Margin) Adjusted EBITDA of $329.7 million (54% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $299.0 millio...

AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement with Hi Crush Inc. ("Hi-Crush") to acquire all of Hi-Crush’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million (1). The transaction consideration includes $150 million in up-front cash, $175 million in shares of common stock of AESI and $125 million in deferred ca...

KANSAS CITY, Mo.--(BUSINESS WIRE)--eShipping, a tech-enabled, asset-light provider of managed transportation and logistics services, announces two strategic acquisitions....

DUBLIN--(BUSINESS WIRE)--On December 17, 2023, CRH plc, the leading provider of building materials solutions, together with the Barro Group (“Barro” and together with CRH the “Partners”), entered into an agreement with Adbri Ltd (“Adbri”) in relation to a potential transaction to acquire Adbri (the “Offer”) by way of a Scheme of Arrangement (“Scheme”). Following due diligence over the past two months, we are pleased to announce CRH and Adbri have entered into a binding agreement under which CRH...

DENVER--(BUSINESS WIRE)--Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) today announced that, in connection with its and Healthpeak OP, LLC’s (“Healthpeak OP”) previously announced consent solicitation and offers to guarantee for Physicians Realty L.P. (a consolidated subsidiary of Physicians Realty Trust (NYSE: DOC) (“Physicians Realty Trust” or “DOC”)) senior notes related to Healthpeak’s agreement to merge with Physicians Realty Trust (the “Merger”), it has received the required con...

ROWAYTON, Conn.--(BUSINESS WIRE)--Coliseum Capital Management, LLC (“Coliseum”), one of the largest shareholders of R1 RCM Inc. (NASDAQ: RCM) (“Company”), today announced that it has issued an open letter to the Company’s Board of Directors. In its letter, Coliseum states that it believes the offer by New Mountain Capital, L.L.C. to acquire the Company for cash consideration of $13.75 per share significantly undervalues the Company. The letter also expresses support for the Company’s Board of D...