East Resources Acquisition Corporation (ERES) to Merge with Abacus Life to Become Public Company

Eurazeo to Acquire Eres Group Stake from IK Partners

April 22, 2024

Financial Services

Eurazeo has signed an agreement to acquire the stake in French fintech Eres Group from IK Partners' IK VIII Fund; financial terms were not disclosed and the transaction is subject to regulatory approvals. Eres, headquartered in Paris, is a leading provider of employee profit-sharing, retirement schemes and asset management with approximately €6.7 billion in assets under management and a distribution network of over 6,600 distributors.

LRES Corporation Acquires Keystone Asset Management

September 1, 2021

Real Estate

LRES Corporation, a California-based provider of property valuations and REO asset management, signed a definitive agreement to acquire Keystone Asset Management, Inc., a Lansdale, Pennsylvania-based REO and valuation services firm. The deal, announced Aug. 23, 2021, expands LRES’s servicing and valuation capabilities and adds an Eastern time zone team to its operations.

Global Atlantic Acquires Majority Stake in eRESI Mortgage

October 12, 2021

Financial Services

Subsidiaries of Global Atlantic Financial Group have made a strategic investment to become the majority owner of eRESI Mortgage (now operating as eRESI Capital LLC). The partnership will provide capital to accelerate eRESI's growth and expand its non‑agency residential whole‑loan and Non‑QM product capabilities for mortgage banking partners.

Abacus Life Acquires FCF Advisors

August 21, 2024

Wealth Management

Abacus Life announced a definitive agreement to acquire FCF Advisors, a New York-based asset manager and index provider focused on free cash flow investment strategies. The acquisition is expected to close in Q4 2024 and is intended to expand Abacus' ABL Wealth offerings within its suite of financial advisory products.

Talent Groups Acquires Abacus Technical Services and The InSource Group

October 19, 2023

Staffing & HR

Houston-based IT staffing platform Talent Groups, backed by Osceola Capital, has acquired Dallas-based Abacus Technical Services and The InSource Group to expand its national IT staffing footprint and capabilities. The acquisitions (closed in Q3 2023) are add-on deals to Talent Groups' platform; financial terms were not disclosed.

Abra Financial Holdings to Go Public via SPAC Merger with New Providence Acquisition Corp. III

March 16, 2026

Financial Services

Abra Financial Holdings announced plans to become a publicly traded company through a business combination with special purpose acquisition company New Providence Acquisition Corp. III. The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital, with shares expected to trade on Nasdaq under ticker ABRX after closing.