Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--RedBird Capital Partners (“RedBird”) today announced that it has reached an in-principle agreement to acquire The Telegraph Media Group (“The Telegraph” or “TMG”) at a total enterprise valuation of £500m, becoming the sole control owner. It is the largest investment in UK print media in a decade and unlocks a new era of growth for the 170-year-old title. RedBird’s growth strategy will include capital investment in the group’s digital operations to continue driving sub...

NORWALK, Conn.--(BUSINESS WIRE)--Xerox announced today that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 per share ($0.10 per share annualized). Accordingly, Xerox announced the declaration of a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2025, to shareholders of record on June 30, 2025. In December 20...

LATHAM, N.Y.--(BUSINESS WIRE)--Protective Industrial Products, Inc. (“PIP®”) announced today the completion of its acquisition of Honeywell’s (NASDAQ: HON) Personal Protective Equipment (PPE) Business. The acquired business includes globally recognized brands such as Fendall™, Fibre-Metal™, Howard Leight™, KCL™, Miller™, Morning Pride™, North™, Oliver™, Salisbury™, and others. PIP is a portfolio company of Odyssey Investment Partners, LLC. This acquisition creates a world-class portfolio of pro...

NASSAU, Bahamas--(BUSINESS WIRE)--Levant Advisors & Quantfury form a strategic partnership to acquire Gonet Bank & Trust Ltd....

SAN FRANCISCO--(BUSINESS WIRE)--COVU, Inc., the leader in AI-native customer servicing for the insurance industry, today announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking communities and a track record of revenue growth through targeted acquisitions. This marks COVU’s second acquisition and the company’s first major acquisition in the Texas market. The move demonstrates the scalability of COVU’s platform to ser...

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm empowering financial advisors to optimize business growth and deliver sophisticated family office services, announced an investment in Parsons Broach Financial Services (“Parsons Broach”) to further accelerate its growth momentum. Summit made the strategic investment through its innovative partnership model, Summit Growth Partners. Since early 2024, Summit has invested in 26 firms led by growth...

CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a front-runner in high-power blue laser technology, reveals Tekne S.p.A. (“TEKNE”) as targeted acquisition, a distinguished provider of integrated electronic warfare and cyber capabilities within military vehicles. As previously announced, NUBURU awaits approval from the Italian government under the “golden power” regulations, which oversee foreign investments in critical sectors aligned with national security interests. Al...

NEW YORK & LONDON--(BUSINESS WIRE)--Diligent, the AI leader in governance, risk and compliance (GRC) SaaS solutions, today announced its acquisition of Vault, an AI-powered ethics and compliance solution that empowers organizations to foster a speak-up culture, mitigate misconduct risks, and strengthen compliance. Recognizing the limitations of outdated ethics and compliance systems, this acquisition signifies a move toward a new era of proactive integrity. By integrating Vault’s cutting-edge S...

COPENHAGEN, Denmark--(BUSINESS WIRE)--Cadeler today announces that it has agreed to acquire the Boqiang 3060 – a newly-constructed jack-up wind turbine installation vessel (WTIV) – from Shanghai Boqiang Heavy Industry Group Co., Ltd, expanding its fleet and enhancing its capacity to meet the increasing global demand for offshore wind turbine operations & maintenance (O&M) services. The vessel will be renamed Wind Keeper, a name symbolising both the vessel’s position as a rare and valuab...

SINGAPORE--(BUSINESS WIRE)--Brown Brothers Media Pte. Ltd., a Singapore-based digital media company, proudly announces its acquisition of DMNews (dmnews.com), a leading platform for self-improvement and lifestyle content, effective February 15, 2025. In a move underscoring the strategic importance of DMNews to its portfolio, Brown Brothers Media has appointed co-founder Justin Brown as editor-in-chief of the platform. Brown Brothers Media, founded in 2020, reaches over 50 million monthly pagevi...