Merger & Acquisition News

MIRAMAR, Fla. & MIAMI--(BUSINESS WIRE)--Aero Accessories & Repair, LLC. (“Aero Accessories”), a leading provider of aerospace component maintenance, repair, and overhaul (“MRO”) services and portfolio company of ATL Partners (“ATL”), today announced the acquisition of AOG Accessories (“AOG”). Terms were not disclosed. Headquartered in Miramar, Florida, the combined company specializes in the repair of complex components across fuel, hydraulic, pneumatic, and power generation systems and ser...

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmark”), has entered into a Purchase and Sale Agreement (“PSA”) to acquire certain upstream assets and related facilities (the “Assets”) in Texas and Oklahoma from a private seller (such transaction, the “Acquisition”). The Acquisition is anticipated to expand the Benchmark portfolio, adding approximat...

WATERTOWN, Mass.--(BUSINESS WIRE)--Apollo Intelligence acquired GlocalMind, a healthcare market research firm, to expand its multi-country speed to insights with highest-quality data....

OSNABRÜCK, Germany & NEW YORK--(BUSINESS WIRE)--cunova & SDCL EDGE Acquisition Corp entered a definitive business combination agreement that is expected to result in cunova becoming a public company...

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion. The assets include approximately 12,000 miles of main pipeline in Louisiana and Mississippi serving approximately 380,000 metered customers. CenterPoint’s LDCs are the second largest natural gas LDCs in both Louisiana...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre”), a global leader in the manufacturing and distribution of safety and survivability equipment, announced today it has entered into a definitive agreement to acquire Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, a leading nuclear safety solutions company for $106.5 million (excluding working capital and certain other adjustments upon closing). Founded in 1986, Alpha Safety is a global provider...

CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners (“ACP”) announced today that its portfolio company SEAM Group (the “Company”) has entered into a definitive agreement to be acquired by ABB. SEAM Group is a provider of energized asset management and advisory services to over 3,000 customer sites across the industrial and commercial building markets. The transaction is subject to regulatory approval and expected to close in Q3 2024. Headquartered in Beachwood, Ohio, SEAM Group provides...

MINNEAPOLIS--(BUSINESS WIRE)--WSB LLC (“WSB”), one of the nation’s fastest growing infrastructure engineering and consulting firms, today announced the acquisition of AE Engineering, Inc. (“AE”), a high-growth transportation infrastructure engineering firm based in Jacksonville, Florida. The strategic addition of AE will solidify WSB’s presence and service offerings in the southeastern United States. WSB is a portfolio company of GHK Capital Partners LP (“GHK”), a leading middle-market private...

SOFIA, Bulgaria--(BUSINESS WIRE)--Accenture has agreed to acquire GemSeek, a leading customer experience analytics provider....

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months and full year ended December 31, 2023.   ($ in millions, except per share amounts) 4Q23   4Q22   % Change   FY23   FY22   % Change Net sales $661   $676   (2)%   $2,831   $2,892   (2)% Net income (loss) attributable to Masonite ($10)   $31   nm   $118   $214   (45)% Diluted earnings (loss) per share ($0.46)   $1.38   nm   $5.29   $9.41   (44)%...