Merger & Acquisition News

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj)....

BAD RAGAZ, Switzerland--(BUSINESS WIRE)--INFICON strengthens its position as a provider of semiconductor Smart manufacturing software with the acquisition of all assets of FabTime Inc, San Luis Obispo, CA/USA effective January 18, 2024. The two parties have agreed not to disclose any financial aspects of the transaction. Founded in 1999, FabTime is a niche provider of cycle time management software and consulting services to semiconductor manufacturers enabling improvements in cycle time, capac...

NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. (“BREIT”) will acquire all outstanding common shares of Tricon (“Common Shares”) for $11.25 (approximately C$15.17) per Common Share in cash (the “Transaction”)....

KENNESAW, Ga.--(BUSINESS WIRE)--Yamaha Motor Co., Ltd. (Tokyo: 7272) announced today the recent conclusion of a stock purchase agreement with Germany’s DEUTZ AG, which owns marine electric propulsion manufacturer Torqeedo®, to acquire all of Torqeedo’s shares. The intended acquisition of Torqeedo, which is subject to clearances, permits, etc., required by competition laws and other regulations, further supports Yamaha’s strategy to implement a multiple technology approach to achieve carbon neut...

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) (“Kaman" or the “Company”) today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P. ("Arcline”), a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of the transaction, Kaman will become a...

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported continued, strong execution of its Elevate 2.0 strategy with the intention to pursue a merger with Marel by acquiring all of Marel’s issued and outstanding common stock. Additionally, JBT announced preliminary, unaudited 2023 financial results that are expected to exceed prior guidance and issued its 2024 guidance. “We a...

TORONTO--(BUSINESS WIRE)--Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK) is pleased to announce that Institutional Shareholder Services (“ISS”), an independent proxy advisory firm who provides voting recommendations to institutional shareholders, has recommended that Nighthawk shareholders vote FOR the proposed special resolutions at the upcoming meetings to be held on January 29, 2024 (the “Meetings”) for Nighthawk and Moneta Gold Inc. (“Moneta”) shareholders to approve the pro...

FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today results for the year and quarter ended December 31, 2023, and quarterly dividend. The Company also announced that all required regulatory approvals have been received for the Merger Agreement dated October 10, 2023 with Community West Bancshares, a California corporation (“Community West”). Pursuant to th...

DALLAS--(BUSINESS WIRE)--TVW Electrical Supplies, a Generational Equity client, was acquired by Inline Electric Supply....

NEW YORK--(BUSINESS WIRE)--Payroll Growth Partners (PGP) has announced the acquisition of School Payroll Services (SPS) to bring a host of benefits to the faculty and staff served by SPS. SPS joins the PayBridge family, gaining full access to next-generation payroll tools and services. SPS, via the go-forward business combination, will be able to leverage PGP’s state-of-the-art payroll technology and promise a seamless transition that will bring significant upgrades to the payroll tools and ser...