Merger & Acquisition News

CHICAGO--(BUSINESS WIRE)--RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, today announced the acquisition of B.C. Cannon Co., Inc (B.C. Cannon). Headquartered in Greenville, South Carolina, B.C. Cannon has supplied traffic control services and products to heavy highway and utility companies for decades. This is RoadSafe’s 12th acquisition since entering a strategic partnership with private equity firms Investcorp and Trilantic North America in 2021. The...

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, largely relating to the Company and its recent merger with DISH Network Corp. (“DISH”). Within the Letter, BHG discusses apparent pre-merger material misstatem...

SAN FRANCISCO--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-powered experience orchestration, today announced it has entered into an agreement to acquire Radarr Technologies, a leading AI-based social and digital listening, analytics, and consumer engagement company. By combining the comprehensive public social media capabilities within the Radarr Technologies solution with the all-in-one Genesys Cloud™ platform, Genesys will empower organizations to unify the customer experience (CX)...

TORONTO--(BUSINESS WIRE)--Nighthawk Gold Corp. (“Nighthawk”) (TSX: NHK) and Moneta Gold Inc. (TSX: ME)(OTCQX: MEAUF)(FSE: MOPA) (“Moneta”) (together with Nighthawk, “MergeCo”) announce the proposed directors for the MergeCo Board to be appointed on completion of the arrangement on November 28, 2023 (“Arrangement Agreement” or “Transaction”) which remains subject to Nighthawk and Moneta shareholder approval and other customary closing conditions. Proposed Board of Directors: The Board of Directo...

WOBURN, Mass.--(BUSINESS WIRE)--Consolidated Marketing Services and Progressive Promotions, two of the East Coast’s most award-winning branded merchandise agencies, are proud to announce their official merger into a new entity called Dryvve. In January of 2021, Consolidated Marketing Services acquired Progressive Promotions to expand internal infrastructure and capabilities, and, after three years of unprecedented success, the combined company is formally rebranding. Dryvve is now the largest c...

WILLISTON, Vt. & COLUMBIA, S.C.--(BUSINESS WIRE)--VC3, a leading managed service provider serving municipalities and commercial businesses across North America, announced today the acquisition of DominionTech, an IT services provider supporting Vermont and New Hampshire businesses. By acquiring this highly reputed regional company, VC3 significantly expands its presence in New England. Ryan Vestby, VC3’s Chief Executive Officer, said, “Just like from where VC3 and its acquired companies origina...

PHILADELPHIA--(BUSINESS WIRE)--Lombard International US & Bermuda, a leading provider of private placement life insurance and annuities, proudly announces its rebranding to Axcelus Financial. The new name and full rebrand follows the November 2023 acquisition of the company by an affiliate of BroadRiver Asset Management L.P., a specialized asset management firm focused on uncorrelated and insurance-related investments. As the company embarks on a new chapter as Axcelus Financial, it will co...

MILAN & TORONTO--(BUSINESS WIRE)--A notable milestone in Objectway’s strategy to become the trusted end-to-end global partner for the wealth management industry....

DALLAS--(BUSINESS WIRE)--Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Transaction Details Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium base...

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC, DBA Emergent Safety Supply (ESS), a national distributor of safety products based near Chicago in Batavia, IL. “We are excited to announce the acquisition of ESS,” said Cesar Lanuza, President & Chief Executive Officer of La...