Buyout Acquisitions in 2024
-
December 31, 2024
- Buyer
- World Wide Technology Holding Co. LLC (WWT), 2672989 Alberta ULC
- Target
- Softchoice Corporation
- Seller
- Softchoice shareholders (including directors and senior officers)
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
World Wide Technology (WWT) completed its all-cash acquisition of Softchoice, a software and cloud-focused IT solutions provider, for C$24.50 per share. The deal strengthens WWT’s software, cloud, cybersecurity and AI capabilities and expands its reach in Canada and North America’s enterprise and SMB markets.
-
December 31, 2024
- Buyer
- PAR Technology Corporation
- Target
- Delaget
- Industry
- Data & Analytics
- Location
- Minnesota, United States
- Type
- Buyout
PAR Technology Corporation acquired Delaget, a restaurant analytics and business intelligence provider, for $132 million (closed Dec. 31, 2024). The deal, paid principally in PAR common stock, brings Delaget's analytics, loss-prevention and operational-insights capabilities into PAR's Operator Cloud and accelerates development of the PAR Data Platform to deliver expanded back-office and delivery operations analytics to restaurant customers.
-
December 31, 2024
- Buyer
- Lion Equity Partners
- Target
- Global Compression Services
- Seller
- Warren Equipment Company
- Industry
- Energy
- Location
- Texas, United States
- Type
- Buyout
Lion Equity Partners, a Denver-based private equity firm, has acquired Global Compression Services (GCS) from Warren Equipment Company. GCS, headquartered in Midland, Texas, is a global distributor and manufacturer of OEM and aftermarket parts for reciprocating natural gas engines and compressors; Lion Equity said the acquisition will support growth, capability expansion, and operational improvements in the natural gas compression aftermarket.
-
December 31, 2024
- Buyer
- POET Technologies Inc.
- Target
- Super Photonics Integrated Circuit Xiamen Co., Ltd. (SPX)
- Seller
- Quanzhou San'an Optical Communication Technology Co., Ltd. (Sanan)
- Industry
- Manufacturing
- Location
- Fujian, China
- Type
- Buyout
POET Technologies completed the acquisition of the remaining 24.8% equity in Super Photonics Xiamen (SPX) from Quanzhou San'an (Sanan) for US$6.5 million (payable over five years) and purchased SPX's production equipment for US$3.8 million. The deal gives POET 100% ownership of SPX, strengthens its ‘China Plus One’ manufacturing footprint and expands production capacity for 800G+ optical engines serving AI and hyperscale data center markets.
-
- Buyer
- H1
- Target
- Ribbon Health
- Industry
- Data & Analytics
- Location
- New York, United States
- Type
- Buyout
H1 has acquired Ribbon Health, a provider data management and API platform, in a cash-and-stock deal that closed in late December. The acquisition integrates Ribbon's provider directory and real-time data capabilities into H1's healthcare data and analytics platform to expand H1's reach into health plans, provider systems and digital health markets.
-
December 31, 2024
- Buyer
- Aprio
- Target
- KRD, Ltd., Burkett & Beattie, Inc.
- Industry
- Accounting & Tax
- Location
- Illinois, United States
- Type
- Buyout
Aprio has acquired two Chicago-based accounting firms, KRD, Ltd. and Burkett & Beattie, Inc., expanding its footprint into the greater Chicago area and strengthening its Midwest presence. The transactions add KRD’s ~110 partners and professionals and Burkett & Beattie’s team of ~10 professionals to Aprio’s nationwide advisory, tax, and accounting platform.
-
December 31, 2024
- Buyer
- MB92 Group
- Target
- GYG Ltd (trading as Pinmar, Pinmar Yacht Supply and Technocraft)
- Industry
- Industrial Services
- Location
- Balearic Islands, Spain
- Type
- Buyout
MB92 Group has acquired GYG Ltd., the superyacht painting, service and supply group that trades under the Pinmar, Pinmar Yacht Supply and Technocraft brands. The deal, which closed on Dec. 31, 2024, strengthens MB92's painting, supply and refit capabilities and expands its service offering across Europe and the U.S.
-
December 31, 2024
- Buyer
- saas.group
- Target
- KingWebMaster
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
saas.group has acquired KingWebMaster, the maker of the Advanced Shipping Manager shipping-rate SaaS for e-commerce platforms like Shopify and BigCommerce. The deal expands saas.group's portfolio of e-commerce-focused SaaS products and aims to accelerate product development and service upgrades for KingWebMaster's merchant customers.
-
December 31, 2024
- Buyer
- Atlas Van Lines, Atlas Canada
- Target
- Orbit Brokers
- Industry
- Transportation
- Location
- Ontario, Canada
- Type
- Buyout
Atlas Van Lines (through its Atlas Canada operations) has acquired Orbit Brokers, a Mississauga, Ontario–based customs brokerage firm, effective Jan. 1. The acquisition integrates Orbit Brokers into Atlas Canada's Connect Logistics division to expand cross‑border customs clearance capabilities and provide more seamless end‑to‑end relocation and logistics services across Canada and the United States.
-
December 31, 2024
- Buyer
- VT Companies (Larry Van Tuyl)
- Target
- Groove Toyota
- Seller
- Summit Automotive Partners
- Industry
- Automotive
- Location
- Colorado, United States
- Type
- Buyout
Larry Van Tuyl, through VT Companies, has acquired Groove Toyota from Summit Automotive Partners. The acquisition gives Van Tuyl his first dealership presence in Colorado as he expands his multi-state automotive portfolio.
-
December 31, 2024
- Buyer
- Wealth Enhancement
- Target
- VanceGray Wealth Management, Inc.
- Industry
- Financial Services
- Location
- Maine, United States
- Type
- Buyout
Wealth Enhancement has acquired VanceGray Wealth Management, an independent RIA that oversees over $409 million in client assets and maintains locations in Bangor and Ellsworth, Maine. The acquisition closed on December 31, 2024, establishes Wealth Enhancement's first location in Maine and increases the firm's total client assets to more than $102.1 billion. The VanceGray team of four advisors and six support staff will join Wealth Enhancement.
-
December 31, 2024
- Buyer
- Mesirow
- Target
- Bastion Management
- Industry
- Financial Services
- Location
- Connecticut, United States
- Type
- Buyout
Mesirow has acquired Bastion Management, an asset-backed specialty finance lender based in Stamford, Connecticut; the transaction closed December 31, 2024. Bastion will operate within Mesirow Global Investment Management and serve as the platform for Mesirow’s Private Credit – Asset-Backed Lending expansion; Bastion was founded in 2013 and has completed 50+ transactions totaling over $2 billion in commitments.
-
December 31, 2024
- Buyer
- KeyMark
- Target
- FileHold Systems Inc.
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
KeyMark, a South Carolina-based intelligent automation provider and value-added reseller, acquired FileHold Systems Inc., a developer of enterprise-grade document and records management software, effective December 31, 2024. The acquisition brings FileHold's product, IP and customer base into KeyMark's portfolio to close a product gap and expand KeyMark’s document management and automation capabilities.
-
December 31, 2024
- Buyer
- Amwins
- Target
- Superior Underwriters
- Industry
- Insurance
- Location
- Washington, United States
- Type
- Buyout
Amwins, a leading wholesale distributor of specialty insurance products, has acquired Superior Underwriters, a Bellevue, Washington–based managing general agency (MGA). The business, which will join Amwins Access, closed on December 31, 2024; terms were not disclosed and the acquisition is intended to strengthen Amwins' presence in the Pacific Northwest and expand its small-business binding authority capabilities.
-
December 31, 2024
- Buyer
- Wealth Enhancement
- Target
- Northwest Investment Counselors, LLC
- Industry
- Wealth Management
- Location
- Oregon, United States
- Type
- Buyout
Wealth Enhancement, a national independent wealth management firm with $102.1 billion in client assets, has acquired Northwest Investment Counselors, an independent RIA based in Lake Oswego, Oregon that manages about $673 million in client assets. The transaction, which closed December 31, 2024, expands Wealth Enhancement's presence in the Pacific Northwest and augments its advisory bench and service capabilities.
-
December 31, 2024
- Buyer
- S&P Global
- Target
- ProntoNLP
- Industry
- AI & Machine Learning
- Location
- United States
- Type
- Buyout
S&P Global has acquired ProntoNLP, a generative AI and NLP tooling provider, and will integrate the company's models and LLM-based signal tools into S&P Global Market Intelligence. The acquisition, which closed December 31, 2024, is intended to bolster S&P Global's textual data analytics and enterprise AI capabilities; financial terms were not disclosed.
-
December 30, 2024
- Buyer
- OMERS Private Equity
- Target
- Integris
- Seller
- Frontenac
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Buyout
OMERS Private Equity signed a definitive agreement to acquire a majority stake in Integris, a U.S.-based managed IT services provider focused on outsourced IT, cloud, and cybersecurity services for small and mid-sized businesses. The deal was expected to close in December 2024 and was completed on December 30, 2024.
-
December 30, 2024
- Buyer
- Teledyne Technologies Incorporated
- Target
- Micropac Industries, Inc.
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Buyout
Teledyne Technologies completed the previously announced merger/acquisition of Micropac Industries via a wholly-owned subsidiary. Micropac stockholders received $20.00 per share in cash, valuing the transaction at approximately $57.3 million, including Micropac’s net debt as of August 24, 2024.
-
December 30, 2024
- Buyer
- Star8 Corp.
- Target
- TOMAHAWK SRL
- Seller
- Pino Impagliazzo
- Industry
- Manufacturing
- Location
- Abruzzo, Italy
- Type
- Buyout
Star8 Corp. announced it will merge with Italian EV motorcycle company TOMAHAWK SRL. The merger is intended to provide TOMAHAWK with access to capital markets and new distribution channels across the Americas and beyond, while expanding production and marketing across Europe, the Americas, and Asia.
-
December 30, 2024
- Buyer
- Stagwell
- Target
- Create. Group
- Industry
- Marketing & Advertising
- Location
- United Arab Emirates
- Type
- Buyout
Stagwell has entered into an agreement to acquire Create. Group, a leading Middle East independent strategic digital communications group. Create. Group will be integrated into Stagwell’s Code and Theory Network to expand digital strategy, product, content, and innovation capabilities across the region and globally.
-
December 30, 2024
- Buyer
- Employer.com
- Target
- Bench Accounting
- Seller
- Bench Accounting
- Industry
- Accounting & Tax
- Location
- British Columbia, Canada
- Type
- Buyout
Employer.com has acquired Bench Accounting, the bookkeeping and tax SaaS provider that recently suspended operations, in a deal intended to restore platform access and continuity for Bench customers. Employer.com said customers will retain their existing bookkeepers and platform access while Employer.com integrates Bench's bookkeeping capabilities into its workforce management and financial services offering.
-
- Buyer
- Premium Brands Holdings Corporation
- Target
- NSP Quality Meats, Casa Di Bertacchi, Italia Salami
- Industry
- Food & Beverage
- Location
- United States
- Type
- Buyout
Premium Brands Holdings Corporation completed the acquisitions of NSP Quality Meats, Casa Di Bertacchi and Italia Salami for a total purchase price of US$66.0 million (US$50.0 million cash, US$10.0 million common shares and US$6.0 million contingent consideration). The three businesses have combined annual sales of approximately US$200 million and will add cooked-protein and cured-meat production capacity to Premium Brands' Specialty Foods Group; the company also completed a US$68.0 million sale-and-leaseback of an expanded Hempler's production facility.
-
December 30, 2024
- Buyer
- Rivean Capital
- Target
- Valcon
- Seller
- Waterland
- Industry
- Consulting
- Location
- Utrecht, Netherlands
- Type
- Buyout
Rivean Capital will acquire a majority stake in Valcon, the Utrecht-based digital transformation consultancy, subject to ACM approval and consultation with Valcon's Dutch works council. Waterland will be replaced as majority investor but will remain a minority shareholder; the investment is intended to accelerate Valcon's organic and acquisitive growth, expand capabilities (including AI and data services) and strengthen its position across Northwestern Europe.
-
December 30, 2024
- Buyer
- N-Power Medicine
- Target
- Syapse
- Industry
- Healthcare Services
- Location
- California, United States
- Type
- Buyout
N-Power Medicine completed a stock-for-stock acquisition of Syapse on December 30, 2024, integrating Syapse’s precision-medicine technology, data assets and network of community oncologists into N-Power’s Kaleido Registry and AI-enabled point-of-care platform. Innovatus Capital Partners joined N-Power’s existing investors (including the Merck Global Health Innovation Fund) to provide ongoing funding; Canaccord Genuity served as Syapse’s exclusive financial advisor.
-
December 30, 2024
- Buyer
- CIH (Central Indiana Hardware), APTURA Group
- Target
- Haley's Lock, Safe & Key Service, Inc.
- Seller
- Rick Oliver, Jeff Oliver
- Industry
- Industrial Services
- Location
- Indiana, United States
- Type
- Buyout
CIH (Central Indiana Hardware), part of the APTURA Group, has acquired Haley's Lock, Safe & Key Service, Inc., a family-owned locksmith and electronic security integrator with locations in Lafayette and Crawfordsville, Indiana. The deal preserves Haley's brand and local operations while providing additional resources from CIH/APTURA to expand service capabilities and market reach.
-
December 30, 2024
- Buyer
- Wabtec Corporation
- Target
- Bloom Engineering, Inc.
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Type
- Buyout
Wabtec Corporation has acquired Bloom Engineering, Inc., a Pittsburgh-based provider of industrial burners and combustion systems, for $69 million in cash. The purchase expands Wabtec’s heat transfer and energy solutions capabilities and is expected to be immediately accretive to EPS, with synergies to be realized over the next three years.
-
December 30, 2024
- Buyer
- Pangaea Logistics Solutions Ltd.
- Target
- Strategic Shipping Inc. (operations under M.T. Maritime / MTM)
- Seller
- Strategic Shipping Inc.
- Industry
- Transportation
- Location
- Connecticut, United States
- Type
- Buyout
Pangaea Logistics Solutions Ltd. completed a combination transaction with Strategic Shipping Inc., issuing 18,059,342 shares (approximately 27.6% of outstanding stock) to SSI in exchange for fifteen handy-size dry bulk vessels. The vessels were valued at approximately $271 million at closing (inclusive of $100 million of vessel financing assumed), and the deal closed following shareholder approval on December 30, 2024.
-
December 28, 2024
- Buyer
- Baykar
- Target
- Piaggio Aerospace
- Seller
- Italy's Ministry of Enterprises and Made in Italy, Government-controlled special administration (Piaggio Aerospace special administration)
- Industry
- Aerospace & Defense
- Location
- Liguria, Italy
- Type
- Buyout
Turkish unmanned aircraft manufacturer Baykar has acquired Italian aircraft maker Piaggio Aerospace following approval from Italy's Ministry of Enterprises and Made in Italy. The deal gives Baykar traditional aircraft manufacturing, MRO and engine capabilities in Italy and supports plans to preserve jobs and expand production at Piaggio's facilities.
-
December 27, 2024
- Buyer
- WiSA Technologies
- Target
- CompuSystems, Inc. (CSI)
- Industry
- Data & Analytics
- Location
- United States
- Type
- Buyout
WiSA Technologies has entered into a definitive agreement to acquire privately held CompuSystems, Inc. (CSI), a provider of registration, data analytics, and lead management services for live events. The acquisition is expected to close in late January 2025 and will combine CSI’s events-management experience with WiSA’s ADIO platform to drive new revenue streams and margin expansion.
-
December 27, 2024
- Buyer
- CCC Intelligent Solutions Holdings
- Target
- EvolutionIQ
- Industry
- Cloud & SaaS
- Location
- United States
- Type
- Buyout
CCC Intelligent Solutions, a cloud platform provider for the P&C insurance economy, has signed a definitive agreement to acquire EvolutionIQ for $730 million. The deal will expand CCC’s AI-powered SaaS platform with additional capabilities for disability and workers’ compensation injury claims guidance and medical summarization, and is expected to close in Q1 2025.
-
December 27, 2024
- Buyer
- BGM Group Ltd
- Target
- AIX Inc, RONS Intelligent Technology (Beijing) Co., Ltd., Shenzhen Xinbao Investment Management Co., Ltd.
- Industry
- Cloud & SaaS
- Location
- China
- Type
- Buyout
BGM Group Ltd completed its acquisition of the intelligent platform of AIX Inc for AI intelligent technology and financial/insurance services capabilities. The acquisition includes AIX’s subsidiaries RONS Intelligent Technology (Beijing) Co., Ltd. and Shenzhen Xinbao Investment Management Co., Ltd., and BGM expects completion of the integration to support “healthcare, pharmaceuticals, and insurance” growth.
-
December 27, 2024
- Buyer
- Commure
- Target
- Memora Health
- Industry
- Healthcare Services
- Location
- California, United States
- Type
- Buyout
Commure, a Mountain View–based healthcare technology company, has acquired Memora Health, a San Francisco–based digital care navigation platform. The deal brings Memora's AI-enabled patient navigation and care automation capabilities into CommureOS to strengthen patient engagement, care pathway personalization, and Commure's broader AI-powered clinical and operational offerings.
-
- Buyer
- CAPTRUST Financial Advisors
- Target
- Campbell Wealth Management, TruNorth Wealth Partners
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
CAPTRUST Financial Advisors has acquired Campbell Wealth Management (Alexandria, Virginia) and TruNorth Wealth Partners (St. Paul, Minnesota), adding a combined $1.97 billion in client assets and expanding its geographic footprint. The deals bring 33 colleagues from Campbell (with $1.4 billion in assets) and 10 colleagues from TruNorth (with $570 million in assets) to CAPTRUST; financial advisors Houlihan Lokey and Advisor Growth Strategies served as advisors to Campbell and TruNorth, respectively.
-
December 27, 2024
- Buyer
- Growable Ventures, Solomon Airhart, Jordan Agee
- Target
- Obex Pest Defense
- Seller
- Sean Licalzi
- Industry
- Environmental Services
- Location
- Colorado, United States
- Type
- Buyout
Growable Ventures, led by Solomon Airhart and Jordan Agee, has acquired Denver-based Obex Pest Defense, a residential pest control company founded by Sean Licalzi in 2020. The buyers plan to scale Obex across Colorado, leveraging their experience from Aruza Pest Control to grow Obex into a leading residential pest control brand in the state.
-
December 27, 2024
- Buyer
- JSW Neo Energy, JSW Energy
- Target
- O2 Power
- Seller
- EQT Infrastructure IV (EQT), Temasek
- Industry
- Renewable Energy
- Location
- Haryana, India
- Type
- Buyout
JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has agreed to acquire O2 Power from EQT Infrastructure IV and Temasek for USD 1.5 billion. O2 Power, headquartered in Gurgaon, India, is a utility-scale renewable energy platform with c.4.7 GW of secured capacity and a team of over 300 employees.
-
December 27, 2024
- Buyer
- Labor Smart, Inc.
- Target
- Go Fast Sports and Beverage Company
- Seller
- Illumination Brands
- Industry
- Food & Beverage
- Location
- Colorado, United States
- Type
- Buyout
Labor Smart, Inc. (LTNC) has acquired Go Fast Sports and Beverage Company from Illumination Brands in exchange for 400,000,000 LTNC shares. Go Fast will operate as a standalone subsidiary with Samantha Brown remaining as President as LTNC expands its consumer beverage portfolio and global distribution plans.
-
December 27, 2024
- Buyer
- Sumitomo Corporation, Sumitomo Corporation of Americas
- Target
- Werner Aero LLC
- Industry
- Aerospace & Defense
- Location
- New Jersey, United States
- Type
- Buyout
Sumitomo Corporation and Sumitomo Corporation of Americas completed the full acquisition of Werner Aero LLC, effective December 27, 2024, making Werner Aero a wholly owned subsidiary. The deal expands Sumitomo's aircraft aftermarket capabilities by integrating Werner Aero's aircraft procurement, dismantling, repair, inventory management and parts sales operations to better serve airlines, lessors and MRO customers.
-
December 27, 2024
- Buyer
- ALKEME
- Target
- Aspen Gold Insurance Brokers
- Seller
- Caleb Joseph (Founder of Aspen Gold Insurance Brokers)
- Industry
- Insurance
- Location
- Colorado, United States
- Type
- Buyout
ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, has acquired Aspen Gold Insurance Brokers, marking ALKEME's first expansion into Colorado. Aspen Gold, a family-owned agency based in Broomfield, Colorado, will leverage ALKEME's resources and technology to expand its commercial and personal insurance offerings; founder Caleb Joseph commented on the opportunity for clients and staff.
-
December 27, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Murray Gardner Insurance Agency Inc. (dba BMR Insurance)
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Arthur J. Gallagher & Co. has acquired Murray Gardner Insurance Agency Inc., dba BMR Insurance, a Tustin, California-based retail insurance agency serving commercial and personal lines across Southern California. The deal will integrate BMR into Gallagher’s Southwest retail brokerage operations to expand its retail brokerage capabilities in the region; terms were not disclosed.
-
December 27, 2024
- Buyer
- Guardian Capital Partners, LINX executive management team
- Target
- Team LINX
- Industry
- IT Services
- Location
- Colorado, United States
- Type
- Buyout
Guardian Capital Partners, an operationally focused private equity firm, has acquired Team LINX in partnership with the LINX executive management team. LINX, headquartered in Denver, provides technology infrastructure services for data centers and mission-critical applications across healthcare, financial services, education and other end markets; MidCap Financial provided financing for the transaction.
-
December 26, 2024
- Buyer
- Third Point, Third Point LLC
- Target
- AS Birch Grove LP
- Seller
- American Securities
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Third Point, an alternative investment manager, entered into a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Upon closing, American Securities will no longer own Birch Grove, which will become a subsidiary of Third Point, expanding Third Point’s credit capabilities and complementary credit product offerings.
-
December 26, 2024
- Buyer
- Coeptis Therapeutics Holdings, Inc.
- Target
- NexGenAI Affiliates Network (developed by NexGenAI Solutions Group, Inc.)
- Seller
- NexGenAI Solutions Group, Inc., NexGenAI Holding Group Inc.
- Industry
- AI & Machine Learning
- Location
- New York, United States
- Type
- Buyout
Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) has completed the acquisition of the NexGenAI Affiliates Network platform from NexGenAI and launched a new division, Coeptis Technologies, to commercialize AI-driven marketing and RPA capabilities. The deal brings AI-powered marketing software and robotic process automation into Coeptis’ offerings to diversify the biopharma company’s growth avenues and support marketing and operations in highly regulated end markets such as biotech, pharma, and MLM.
-
December 26, 2024
- Buyer
- Panasonic Corporation
- Target
- Blue Yonder
- Seller
- New Mountain Capital, Blackstone (funds managed by Blackstone)
- Industry
- Cloud & SaaS
- Location
- Arizona, United States
- Type
- Buyout
Panasonic Corporation agreed to acquire the remaining 80% stake in Blue Yonder from New Mountain Capital and funds managed by Blackstone for USD5.6 billion (USD7.1 billion including repayment of outstanding debt), valuing Blue Yonder at USD8.5 billion. The acquisition brings Blue Yonder fully into Panasonic to combine Blue Yonder's AI/ML-driven, cloud-based Luminate supply chain platform with Panasonic's IoT, edge and industrial engineering capabilities to accelerate an "Autonomous Supply Chain" strategy.
-
December 26, 2024
- Buyer
- Fleet Feet, Wade and Julie Pannell
- Target
- South Sound Running
- Seller
- Greg Klein, Joan Marchioro
- Industry
- Retail
- Location
- Washington, United States
- Type
- Buyout
Fleet Feet has acquired South Sound Running's two retail locations in Olympia and Puyallup, which will re-open as Fleet Feet Olympia and Fleet Feet Puyallup in early 2025. Local Fleet Feet franchisees Wade and Julie Pannell — who operate six other Washington stores — will operate the locations following the retirement sale by founders Greg Klein and Joan Marchioro.
-
December 26, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Afina Insurance Advisors, Inc.
- Industry
- Insurance
- Location
- Illinois, United States
- Type
- Buyout
Arthur J. Gallagher & Co. acquired Oakbrook Terrace-based Afina Insurance Advisors, Inc., a property and casualty insurance broker serving the greater Chicago area. The Afina team will remain in place and operate under Gallagher's Midwest retail property/casualty brokerage operations to complement Gallagher's existing retail brokerage capabilities in Chicago. Terms were not disclosed.
-
December 26, 2024
- Buyer
- Inszone Insurance Services
- Target
- Roten & Company Insurance
- Seller
- Roten & Company Insurance (Roten family)
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Roten & Company Insurance, a multigenerational family-run agency in San Antonio, Texas. The acquisition expands Inszone’s footprint in Texas and enhances its ability to provide commercial, personal, and benefits insurance to local businesses and individuals.
-
- Buyer
- Octopus UK Bidco Limited, FTV VIII, L.P.
- Target
- Windward Ltd
- Industry
- Data & Analytics
- Location
- Israel
- Type
- Buyout
Octopus UK Bidco Limited, a newly formed entity backed by FTV VIII, L.P. and affiliates, reached agreement to acquire Windward Ltd for 215 pence per share in cash, valuing Windward at approximately £216 million on a fully diluted basis. The recommended acquisition is expected to complete by the end of Q1 2025, subject to Windward shareholder approval.
-
December 24, 2024
- Buyer
- Kester Capital, Incoming executive team (Richard Barfield, Lewis Cameron, Roy Ovel, Carl Hvass)
- Target
- EMAS Pharma
- Seller
- Bionical Emas
- Industry
- Healthcare Services
- Location
- United Kingdom
- Type
- Buyout
Kester Capital has acquired EMAS Pharma, the clinical development division of Bionical Emas, in a carve-out transaction alongside an incoming executive team led by experienced CRO operators. The deal creates an independent CRO platform that Kester and the management team intend to scale organically and through acquisitions, expanding capabilities and geographic presence in North America and Europe.
-
December 24, 2024
- Buyer
- Inszone Insurance Services
- Target
- Coe Agency, LLC
- Industry
- Insurance
- Location
- New Mexico, United States
- Type
- Buyout
Inszone Insurance Services has acquired Coe Agency, LLC, an independent insurance agency specializing in health and benefits, to strengthen Inszone's presence in New Mexico and expand its employee benefits capabilities. The Coe Agency team in Rio Rancho will join Inszone's Albuquerque office, allowing clients to retain continuity while gaining access to Inszone's national carrier network.
-
December 23, 2024
- Buyer
- PML Sound International, Paradigm, MartinLogan
- Target
- GoldenEar Studio Inc.
- Seller
- AudioQuest
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
PML Sound International—parent of Paradigm, Anthem and MartinLogan—has acquired loudspeaker maker GoldenEar from AudioQuest. GoldenEar will operate as GoldenEar Studio Inc. beginning January 1, 2025 and will be integrated into PML's engineering and manufacturing operations, with a temporary pause in operations during January 2025 to enable integration.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.