PITTSBURGH: Limbach Holdings, Inc. (Nasdaq: LMB), a provider of building systems solutions, announced Tuesday it has acquired Minnesota-based Pioneer Power, Inc. for $66.1 million in a strategic move to strengthen its position in the Upper Midwest market. The acquisition was funded through a combination of cash on hand and borrowings under Limbach’s recently expanded revolving…
NEW YORK: Private equity firm Brightstar Capital Partners has completed its acquisition of PlayAGS, Inc. (NYSE: AGS), a global gaming supplier, in a deal valued at approximately $1.1 billion, company said on Monday. The transaction, first announced May 9, was finalized after receiving approval from AGS stockholders and necessary regulatory clearances. AGS shareholders will receive…
LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million, the company announced today. The deal, structured through the issuance of 14,560,691 new ordinary shares in Pinewood.AI at 386.5 pence per share, values the joint…
SYDNEY, AUSTRALIA: Metarock Group Limited (ASX:MYE), a prominent player in the mining services industry, has officially declared the sale of its entire stake in PYBAR, a leading underground hard rock contracting business, to Thiess Pty Ltd for a headline consideration of $65 million. This strategic move is expected to net Metarock approximately $36.3 million after…