Merger & Acquisition News

CLEVELAND--(BUSINESS WIRE)--MAI Capital Management today announced the acquisition of R. Karras Asset Management & Planning....

BOSTON--(BUSINESS WIRE)--Propella has been acquired by Astellas Pharma; Outcome Capital serves as strategic advisor to Peterson Companies, majority shareholder of Propella...

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the acquisition of the Decision Research Corporation (DRC) business, a SaaS-based insurance software company delivering market-leading enterprise rating, a reinsurance solution, and core for the P&C insurance market. Majesco will add over 20 P&C customers to their growing customer community. DRC designed and delivered a market leading e...

HOUSTON--(BUSINESS WIRE)--Voyager Interests (“Voyager”), a private equity firm specializing in investments in the energy services and equipment sector, today announced its acquisition of Aegion Coating Services (“ACS” or the “Company”) from Aegion Corporation (“Aegion”). Founded in 1979, ACS is the global leader in field joint coating services through the use of proprietary robotic tools that apply protective coatings to internal and external segments of natural gas, crude oil, potable water an...

WEST PALM BEACH, Fla..--(BUSINESS WIRE)--AUA Private Equity Partners, LLC (“AUA Private Equity”) is pleased to announce the acquisition of Weaver Holdings, LLC (“Weaver Popcorn Manufacturing” or the “Company”), a fourth-generation family-owned manufacturer of popcorn and snacking products. Financial terms of the transaction were not disclosed. Weaver Popcorn Manufacturing is the largest independent manufacturer of popcorn products in the United States. The Company is recognized for its scale, q...

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Bruker (Nasdaq: BRKR) today announced the acquisition of Tornado Spectral Systems Inc., a Canadian company specializing in process Raman instruments, primarily used in pharma and biotech quality control applications. Tornado, with over a decade of experience in innovative and industry-proven Raman solutions, will enhance Bruker’s biopharma PAT portfolio with its well-established products. Financial details were not disclosed. Tornado's patented High-Throug...

WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners Announces Formation of Kinetic Engine Systems via the Acquisitions of Numet, AeroCision and Walbar...

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health (NYSE: ELV) today announced that it has entered into an agreement to acquire Paragon Healthcare, Inc., a company specializing in life-saving and life-giving infusible and injectable therapies. For more than 20 years, Paragon Healthcare has provided infusion services to patients through its omnichannel model of ambulatory infusion centers, home infusion pharmacies, and other specialty pharmacy services. The company, headquartered in Plano, Texas, pr...

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (OTC: SOFO), the trusted leader in developing comprehensive video recording and streaming solutions for corporations, health care organizations and government entities today announced that it has reached a definitive agreement to sell its Mediasite product and service business to Enghouse Systems Ltd. Under the terms of the agreement, Sonic Foundry will sell the assets of its Mediasite business including its Japanese and Dutch subsidiaries for...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it is set to acquire Bent’s RV, with two locations in Boutte and Albany, Louisiana. The transaction is anticipated to close in the second quarter of 2024 and will increase the Company’s Louisiana location count to four. Marcus Lemonis, Chairman and CEO of Camping World commented, “The acquisition of Bent’s RV further builds our pr...