NYSE listed Crane Company has acquired Vian Enterprises for approximately $103 million on a cash-free and debt-free basis. Vian Enterprises is a global designer and manufacturer of multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications with sole-sourced and proprietary content on the highest volume commercial and military aircraft platforms….
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
B.P. Marsh and Partners acquire 30% shareholding in Ai Marine
LONDON: B.P. Marsh and Partners Plc (AIM:BPM), the specialist private equity investor in early stage financial services businesses, it has acquired a 30% Cumulative Preferred Ordinary shareholding in Ai Marine Risk Limited, a London-based Managing General Agency (MGA). B.P. Marsh has agreed to provide up to £1.6m of funding via a mixture of equity and…
Comfort Systems USA to acquire Summit Industrial Construction
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of HVAC and electrical contracting services, announced today that it has agreed to acquire Summit Industrial Construction, LLC, a specialty industrial mechanical contractor based in Houston, Texas. The deal is expected to close in the first quarter of 2024. Summit offers engineering, design-assist and turnkey construction…
Myers Industries to acquire Signature Systems for $350 million
Myers Industries, Inc., a leading manufacturer and distributor of industrial products, announced today that it will acquire Signature Systems, a leader in composite ground protection solutions, for a total consideration of approximately $350 million. The acquisition will strengthen Myers’ profitability and cash flow, as well as provide a complementary platform for long-term growth driven by…
Imperial Dade acquires Insight Distributing, expands in Western market
Imperial Dade, a leading distributor of foodservice packaging, industrial, and janitorial supplies in North America, has acquired Insight Distributing, Inc., a Spokane-based company with a history dating back to 1941. The deal is the 77th acquisition for Imperial Dade, which is led by Chairman Robert Tillis and CEO Jason Tillis. The financial terms were not…
Level Access to acquire UserWay, a leader in accessibility AI
Level Access, a provider of digital accessibility solutions, has agreed to buy UserWay, a company that uses AI to improve web accessibility for people with disabilities. The deal, expected to close in early 2024, will combine the technologies and expertise of both companies to help more organizations create and maintain accessible digital platforms. UserWay’s software…
Enpro to buy Advanced Micro Instruments (AMI) for $210 million
Enpro Inc., an industrial technology company, announced today that it will acquire Advanced Micro Instruments, Inc. (AMI), a maker of analyzers and sensors that monitor gas quality and reduce emissions. The deal, valued at $210 million in cash, is expected to close in early 2024. AMI, based in Costa Mesa, California, serves customers in various…
Bristol Myers Squibb to buy RayzeBio for $4.1 billion in cash
Bristol Myers Squibb (BMY), a leading biopharmaceutical company, announced today that it has agreed to acquire RayzeBio (RYZB), a clinical-stage company developing novel radiopharmaceutical therapies for solid tumors, for $62.50 per share in cash, or $4.1 billion in total. The deal, which was approved by both boards, will expand Bristol Myers Squibb’s oncology portfolio with…
TEAM plc to acquire Homebuyer Financial Services Limited (HBFS) for £2.4 million
LONDON, UK: TEAM plc has exchanged contracts to acquire the entire issued share capital of Homebuyer Financial Services Limited (HBFS), a Jersey based financial planning business, for total consideration of £2.4 million in cash. Founded in 1988, HBFS is an established Jersey based financial planning business advising local clients on investments, pensions and protection policies….
Bristol Myers Squibb to buy Karuna Therapeutics for $14 billion
Bristol Myers Squibb (BMY) announced today that it has agreed to acquire Karuna Therapeutics (KRTX), a biopharmaceutical company focused on psychiatric and neurological disorders, for $330 per share in cash, or $14 billion in total. “There are tremendous opportunities in neuroscience, and Karuna strengthens our position and accelerates the expansion and diversification of our portfolio…
Great Day Improvements acquires Home Performance Alliance
Great Day Improvements, LLC, a leading direct-to-consumer home remodeling company, has acquired Florida-based Home Performance Alliance (HPA), a provider of window replacement, bath remodels and high-performance roofing solutions. The acquisition adds a new product line to Great Day Improvements’ portfolio of brands and enables the company to serve more homeowners across different climates and regions….
H.I.G. Capital acquires North America’s largest concrete service provider, Penhall
H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, has acquired Penhall Company, the leading provider of specialty concrete services in North America. Penhall, founded in 1957, has over 40 branches and offers a variety of concrete solutions for commercial, residential, industrial, and infrastructure projects. H.I.G. plans to work with…