Merger & Acquisition News

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the successful closing of the acquisition of Wells Fargo’s rail operating lease portfolio on January 1, 2026. The acquisition was completed through a joint venture with Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”). Wells Fargo’s rail operating lease portfolio comprised approximately 101,000 railcars and the purchase price...

SINGAPORE--(BUSINESS WIRE)--Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced the completion of its previously announced acquisition of PJ Marine Singapore Pte. Ltd. (“PJ Marine Singapore”). “After months of thorough due diligence and standard closing procedures, I am pleased to announce the successful acquisition of PJ Marine Singapore,...

DALLAS--(BUSINESS WIRE)--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announced today that in connection with the previously announced definitive merger agreement (the “Merger Agreement”) with CNL Healthcare Properties, Inc. (“CHP”), Sonida has obtained committed permanent debt financing (“Permanent Facilities”) of $900 million, with a $350 million accordion feature that allows Sonida to increase the fa...

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions provider, today announced the successful acquisition of Hanley Energy Group, a provider of energy management and critical power solutions serving the data center infrastructure market. The acquisition was completed Jan. 2, 2026, for approximately $725 million plus contingent consideration up to $58 million, subject to achieving future revenue thresholds, in an...

JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, the largest residential property MGU in the US specializing in catastrophe-exposed markets, announced today that it has completed the acquisition of Gemini Financial Holdings Corporation (“Gemini Financial”) and its Olympus subsidiaries (“Olympus”), one of the leading underwriting franchises in Florida. The transaction was originally announced on September 10, 2025, and closed on January 2, 2026. As part of the transaction, Valence Insurance Holding...

NEW YORK--(BUSINESS WIRE)--CohnReznick, a leading professional services firm, today announced a strategic acquisition of Minneapolis, MN-based Smith Schafer & Associates, effective January 1, 2026. With three offices in the market, Smith Schafer’s local expertise establishes an important expansion in the Midwest for CohnReznick and significant growth opportunity for the combined organization. With a team of 12 partners and 89 employees, Smith Schafer brings to CohnReznick strong experience...

LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe and Token Economy Leader Open World Announce Plan for Strategic Merger...

FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (NASDAQ: QNST), a leader in performance marketplaces and technologies for the financial and home services industries, announced today that it has closed the acquisition of SIREN GROUP AG d/b/a HomeBuddy (“HomeBuddy”). Terms of the acquisition include $115 million in cash at closing and $75 million in post-closing payments payable equally over four years, subject to certain closing adjustments. QuinStreet further announced that it has entere...

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced acquisition of Precision Sensors & Instrumentation (“PSI”), a leading provider of sensor-based technologies for aerospace, nuclear and process industries, from Baker Hughes (NASDAQ: BKR). Crane will provide comments about the acquisition in its upcoming fourth quarter fiscal year 2025 e...

MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) (the “Company” or “ESI”), a global and diversified specialty chemical technology company, announced today that it has completed its previously announced acquisition of EFC Gases & Advanced Materials (“EFC”). EFC will operate as a standalone business unit reported within the Company’s newly renamed “Specialties Segment” which was heretofore the “Industrial & Specialty Segment.” Chief Executive Officer Benjamin Gliklich said, “We ar...