NEW YORK: The Arena Group Holdings Inc., doing business as Paradium.AI, has acquired InfoSentience, an automated natural language generation company, as the media publisher continues its shift toward an AI-driven technology infrastructure. The acquisition, funded with cash on hand, is expected to be accretive to earnings in 2026, according to a company announcement Monday. Financial…
MIDLAND: EagleRock Land, LLC, a surface land management company with a significant footprint in the Permian Basin, has acquired the Intrepid Ranch, a 50,000-surface-acre property in Lea County, New Mexico, from Hydrosource Logistics LLC for $78.2 million, the company announced. The acquisition, funded through cash on hand and borrowings under EagleRock’s existing revolving credit facility,…
DALLAS: Sunoco LP has entered into a definitive agreement to acquire fuel distributor Offen Petroleum in an all-cash transaction valued at approximately $600 million, the company announced Thursday. Offen operates a fuel distribution network delivering approximately 2.5 billion gallons annually, serving about 7,000 customers and more than 800 retail stations across the Midwest, Mountain West and Southwest regions…
NEW YORK: Nielsen Holdings announced Thursday it has entered into a definitive agreement to acquire DoubleVerify (NYSE: DV) in an all-cash transaction valued at approximately $2.15 billion, uniting the audience measurement giant with the leading digital media verification platform. Under the terms of the agreement, DoubleVerify shareholders will receive $13.60 per share in cash, representing a…
NEW YORK: Bain Capital won a battle to buy a global bubble tea chain as one of its top rivals remains under scrutiny from South Korean regulators. Bain on Thursday announced it has agreed to acquire Gong cha from U.S.-based private equity firm TA Associates. MBK Partners, one of the largest private equity firms in Asia, was…
ARLINGTON: Argan Inc. has acquired ValCor Communications LLC, a Connecticut-based provider of network installation and maintenance services, in a deal valued at approximately $8.3 million, a statement said. The transaction, which closed July 31, 2026, was funded through a combination of cash and Argan common stock. ValCor will operate under Argan’s wholly-owned subsidiary, Southern Maryland Cable Inc.,…
Deal positions building systems firm to capture growing demand in mission-critical infrastructure market PITTSBURGH: Limbach Holdings, Inc. (Nasdaq: LMB) has acquired CYMCOR, Inc., a professional services firm specializing in program management and commissioning oversight for data center clients, in a $30 million deal that expands the company’s presence in the rapidly growing mission-critical infrastructure market. The…
ROSEMONT: In a significant move within the advanced materials sector, Wynnchurch Capital, L.P. and Luxfer Holdings PLC (NYSE: LXFR) have announced a definitive agreement under which an affiliate of Wynnchurch will acquire Luxfer in an all-cash transaction. Upon completion of the deal, Luxfer will transition from a publicly traded entity to a privately held company. The acquisition…
Deal strengthens critical energy connectivity to South Australia amid rising renewable integration SYDNEY: Morgan Stanley Investment Management, through its private infrastructure platform Morgan Stanley Infrastructure Partners (MSIP), announced today it has agreed to acquire Epic Energy, the operator of a key Australian gas pipeline system. The transaction is expected to close in the second half of 2026,…
BERLIN: Allianz Group said Friday it has agreed to acquire HSBC’s Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the German insurer’s footprint in Asia’s life and health insurance market. The transaction, expected to close in the first half of 2027, will see Allianz take full ownership of HSBC Life Singapore, a business that…
NEW YORK: Mitigram, a global digital platform for trade finance, announced Wenesday it has acquired Export Enterprises SA, the parent company of the trade intelligence platform eexpand. The acquisition includes all of eexpand’s core assets, including its Trade Pilot, Trade Club Connect and Trade Resources Platform. Financial terms of the transaction were not disclosed. Founded in 1989 and headquartered in…
NEW YORK: MN8 Energy Holdings LLC, a renewable energy power producer with more than 4.3 GW of capacity across 29 states, announced Monday it has agreed to acquire Greenbacker Renewable Energy Company LLC in a cash-and-equity transaction valued at up to approximately $375 million. The deal, expected to close in the fourth quarter of 2026, would create one…