Merger & Acquisition News

BOSTON--(BUSINESS WIRE)--An affiliate of H.I.G. Capital completed the acquisition of Penhall Company, North America’s largest provider of specialty concrete services....

WAUPACA, Wis. & NEW YORK & TOKYO--(BUSINESS WIRE)--Proterial, Ltd. (“Proterial”), a leading international producer of high-performance materials for mobility, industrial infrastructure, and electronics, today announced the signing of a definitive agreement for Monomoy Capital Partners (“Monomoy”) to acquire Waupaca Foundry, Inc. (“Waupaca Foundry” or the “Company”), North America’s leading supplier of cast and machined iron castings. Waupaca Foundry will continue to operate under its current ma...

AUSTIN, Texas--(BUSINESS WIRE)--Kestra Private Wealth Services Welcomes $442 Million Mooshi Wealth Planning & Management...

TEL AVIV, Israel--(BUSINESS WIRE)--Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today announced that it is acquiring actively managed mutual funds with NIS 22 billion AUM from Psagot Investment House. Highlights Phoenix Investment House acquires actively managed mutual funds with NIS 22 billion in assets under management from Psagot Mutual Funds The acquisition represents another step in the execu...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has received approval from the Canadian Competition Bureau to proceed with its planned acquisition of Variperm Energy Services. FET announced on November 2, 2023, its agreement to acquire Variperm Energy Services for consideration of $150 million of cash (subject to customary purchase price adjustments) and 2 million shares of FET’s common stock, reflecting a valuation of approximately 3.7x Variperm’s...

NEW YORK & PARIS--(BUSINESS WIRE)--In Major Expansion of Private Funds Group, Houlihan Lokey Creates Best-in-Class Private Capital Advisory Platform With Acquisition of Triago...

TUCKER, Ga.--(BUSINESS WIRE)--GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today announced that it has entered into an agreement to acquire Kamco Supply Corporation and affiliates (“Kamco” or the “Company”). The transaction is expected to close during the fourth quarter of fiscal 2024 for GMS, which ends on April 30, 2024. Founded in 1939 by the Swerdlick family, and headquartered in Brooklyn, New York, Kamco is a leading supplier of ceilings, wallboar...

TESSENDERLO, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB Silicon Foundries SE (Euronext Paris: XFAB) (X-FAB or the Company) announces the application of article 7:97 of the Belgian Code on Companies and Associations (BCCA) in the context of the planned acquisition of M-MOS Semiconductor Hong Kong Limited, a fabless company focused on the development of MOSFET technologies. X-FAB Silicon Foundries SE resolved to purchase 100% of the capital shares issued by M-MOS Semiconductor Hong Kong Lim...

SINGAPORE & JAKARTA, Indonesia--(BUSINESS WIRE)--Accenture has agreed to acquire the business of media and marketing technology company, Jixie....

VAASA, Finland--(BUSINESS WIRE)--Veslatec has acquired the lifting equipment manufacturer Nordlift Oy in December. This strengthens Veslatec’s position on international markets....