Mergers & Acquisitions

Highlander Partners Announces the Completion of its Sale of the Akomex Group

Highlander Partners Announces the Completion of its Sale of the Akomex Group PR Newswire WARSAW, Poland, April 2, 2020 WARSAW, Poland , April 2, 2020 /PRNewswire/ — Highlander Partners, L.P. (“Highlander”), a leading middle market private investment firm based in Dallas, Texas , with offices in Central Europe , today completed the previously announced sale of its portfolio company Akomex Group (“Akomex” or the “Company”), to Sebastian Śliwa, the co-founder of Akomex, jointly with the management and with support from AMC Capital IV S.c.Sp., a fund advised by Mezzanine Management. Headquartered in Poland , Akomex is one of the leading manufacturers of packaging in Central Europe , specializing in high-quality solid cardboard, leaflets, labels, trays and laminated sheets for the pharmaceutical, food, electronics, technology, personal care and home appliance sectors. […]

Mergers & Acquisitions

Dilon Technologies Inc. acquires the Dune Medical MarginProbe

Dilon Technologies Inc. acquires the Dune Medical MarginProbe PR Newswire NEWPORT NEWS, Va., April 2, 2020 NEWPORT NEWS, Va. , April 2, 2020 /PRNewswire/ — Dilon Technologies Inc., a world class global leader in breast cancer treatment and diagnosis and owner of the Navigator Gamma Probes has acquired substantially all the assets of Dune Medical, including Dune Medical’s “MarginProbe” […]

Mergers & Acquisitions

Neenah Announces Vectorply Acquisition Not Completed

Neenah Announces Vectorply Acquisition Not Completed PR Newswire ALPHARETTA, Ga., April 2, 2020 ALPHARETTA, Ga. , April 2, 2020 /PRNewswire/ — Neenah, Inc. (NYSE: NP) today announced that it had not closed on its agreement to acquire Vectorply Corporation (“Vectorply”) on April 1 as originally contemplated […]

Mergers & Acquisitions

PURA Announces Hemp4mula CBD Confections Rebranding

PURA Announces Hemp4mula CBD Confections Rebranding PR Newswire DALLAS, April 2, 2020 DALLAS , April 2, 2020 /PRNewswire/ — Puration, Inc. (USOTC: PURA) today announced initiating efforts to rebrand its recently acquired Hemp4mula CBD confections business. PURA launched a campaign earlier this year to acquire CBD infused beverage, edible and topical operations […]

Mergers & Acquisitions

Dohmen Acquires FoodChain, an Online Marketplace and Logistics Company

Dohmen Acquires FoodChain, an Online Marketplace and Logistics Company Expediting Delivery of Local and Nutritious Fresh Food PR Newswire MILWAUKEE, April 2, 2020 MILWAUKEE , April 2, 2020 /PRNewswire/ — CEO Cynthia (Dohmen) LaConte announced today that Dohmen has acquired FoodChain, an online marketplace and logistics company that speeds delivery and access to nutritious, local food sources. “Acquiring FoodChain advances our mission of revitalizing the health of communities and the people within them using the power of food,” said Dohmen Company Foundation President Dale Mittelstaedt . “FoodChain provides a digital system that speeds the process of commercial exchange between local food producers and local food purchasers. […]

Mergers & Acquisitions

GenNx360 Capital Partners Announces Sale of its Portfolio Company Precinmac Precision Machining

GenNx360 Capital Partners Announces Sale of its Portfolio Company Precinmac Precision Machining PR Newswire NEW YORK, April 2, 2020 NEW YORK , April 2, 2020 /PRNewswire/ — GenNx360 Capital Partners, a New York -based private equity firm, today announced the successful sale of its portfolio company, Precinmac Precision Machining to an investor group consisting of Pine Island Capital Partners, LLC, Bain Capital Credit, LP and Compass Partners Capital LLC. The Precinmac brand represents four independently-owned companies in the United States and Canada – Maine Machine Products Company, Hoppe Technologies, Trimaster Manufacturing, and HPG. […]

Mergers & Acquisitions

58.com Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company

58.com Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company PR Newswire BEIJING, April 2, 2020 BEIJING , April 2, 2020 /PRNewswire/ — 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online classifieds marketplace, today announced that its Board of Directors (the “Board”) has received a preliminary non-binding proposal letter dated Apr 2, 2020 (the “Proposal Letter”) from Ocean Link Partners Limited (the “Proposing Buyer”) to acquire all of the outstanding ordinary shares of the Company, including Class A ordinary shares represented by American depositary shares (the “ADSs”, each representing two Class A ordinary shares), for US$27.5 in cash per Class A or Class B ordinary share, or US$55.0 in cash per ADS. A copy of the proposal letter is attached hereto as Exhibit A. […]

Mergers & Acquisitions

Daniel Alain Acquires Stake in Applied Biology

Daniel Alain Acquires Stake in Applied Biology IN A BID TO EXPAND ITS HAIR LOSS MEDICAL OFFERINGS DANIEL ALAIN ACQUIRES STAKE IN APPLIED BIOLOGY PR Newswire NEWPORT BEACH, Calif., April 2, 2020 NEWPORT BEACH, Calif. , April 2, 2020 /PRNewswire/ — Daniel Alain, Inc. (“Daniel Alain”) announced today it has acquired a stake in Applied Biology […]

Mergers & Acquisitions

UCB Completes the Acquisition of Ra Pharmaceuticals – to Deliver Differentiated Therapies to Patients

UCB Completes the Acquisition of Ra Pharmaceuticals – to Deliver Differentiated Therapies to Patients – The transaction, which was announced October 10, 2019, will enhance UCB’s potential to be a leader in myasthenia gravis by adding zilucoplan, a peptide inhibitor of complement component 5 (C5) currently in phase 3, to the UCB pipeline alongside rozanolixizumab, UCB’s FcRn targeting antibody which is also in phase 3 – Zilucoplan will enhance UCB’s pipeline and Ra Pharma’s ExtremeDiversity™ technology platform will accelerate UCB’s long-term innovation capabilities – The acquisition is expected to enable accelerated top and bottom line company growth from 2024 onwards – Innovative research and development unit in Cambridge, MA adds to UCB’s network and presence in Massachusetts and the greater Boston area of the U.S. – Total transaction cash value of approximately US$ 2.3 billion / € 2.1 billion based on US$ 48 in cash per Ra Pharma share and taking Ra Pharma cash and settlement of acquisition related expenses into consideration – The closing of this acquisition leads to an update of UCB’s 2020 financial guidance and the mid-term target PR Newswire BRUSSELS, April 2, 2020 BRUSSELS , April 2, 2020 /PRNewswire/ — UCB today announced that the acquisition of Ra Pharmaceuticals, Inc. […]

Mergers & Acquisitions

DroneUp Acquires AeroVista Innovations

DroneUp Acquires AeroVista Innovations Acquisition Adds Training to Complete Drone Solutions Momentum PR Newswire VIRGINIA BEACH, Va., April 2, 2020 VIRGINIA BEACH, Va. , April 2, 2020 /PRNewswire/ — DroneUp, LLC, an end-to-end drone pilot service provider for aerial data collection, is pleased to announce that it has acquired AeroVista Innovations, LLC (AVI) to provide full-service drone training to private and public sector organizations. […]

Mergers & Acquisitions

High Ridge Brands Completes Sale to Affiliates of Perrigo Company plc and Tengram Capital Partners

High Ridge Brands Completes Sale to Affiliates of Perrigo Company plc and Tengram Capital Partners PR Newswire STAMFORD, Conn., April 2, 2020 STAMFORD, Conn. , April 2, 2020 /PRNewswire/ — High Ridge Brands Co. (“High Ridge Brands” or the “Company”), today announced that it has completed the previously announced sale transactions under which an affiliate of Perrigo Company plc (“Perrigo”) has completed the acquisition of the oral care business, and an affiliate of Tengram Capital Partners (“Tengram Capital”) has completed the acquisition of the hair care and skin cleansing business. […]

Mergers & Acquisitions

Constellation1 Acquires Real Estate Tech Pioneer Virtual Properties

Constellation1 Acquires Real Estate Tech Pioneer Virtual Properties Constellation gains market share in shifting real estate technology market with new acquisition. PR Newswire MILWAUKEE, April 2, 2020 MILWAUKEE , April 2, 2020 /PRNewswire-PRWeb/ — Constellation1, a leading provider of scalable SaaS products to real estate brokerages, franchises and MLSs and part of the Constellation Real Estate Group (CREG), announced today that it has acquired Midwest-based technology provider Virtual Properties. […]

Mergers & Acquisitions

Perrigo Completes Acquisition of Oral Care Assets of High Ridge Brands

Perrigo Completes Acquisition of Oral Care Assets of High Ridge Brands PR Newswire DUBLIN, April 2, 2020 DUBLIN , April 2, 2020 /PRNewswire/ — Perrigo Company plc (NYSE; TASE: PRGO) announced today that it has completed the acquisition of the oral self-care assets of High Ridge Brands. The acquisition underscores the numerous bolt-on opportunities that are advancing Perrigo’s commitment to transform to a global consumer-focused self-care company and build shareholder value. “This tuck-in acquisition highlights the attractive growth opportunities available in this space,” said Rich Sorota , Executive Vice President and President, Consumer Self-Care America’s […]

Mergers & Acquisitions

Haemonetics Acquires enicor GmbH to Expand Advanced Viscoelastic Testing Portfolio

Haemonetics Acquires enicor GmbH to Expand Advanced Viscoelastic Testing Portfolio PR Newswire BOSTON, April 2, 2020 BOSTON , April 2, 2020 /PRNewswire/ — Haemonetics Corporation (NYSE: HAE), a global medical technology company focused on delivering innovative hematology solutions to drive better patient outcomes, today announced that it has acquired enicor GmbH, a privately held manufacturer of a new generation whole blood coagulation testing system (ClotPro ), which is based in Munich, Germany . The ClotPro system is an innovative viscoelastic diagnostic device that offers more assays than any other hemostasis analyzer on the market. Under the terms of the transaction, Haemonetics has acquired all of the outstanding share capital of enicor GmbH […]

Mergers & Acquisitions

StatLab Medical Products acquires BBC Biochemical

StatLab Medical Products acquires BBC Biochemical StatLab expands manufacturing capabilities and adds to their growing team with a new partnership. PR Newswire MCKINNEY, Texas, April 2, 2020 MCKINNEY, Texas , April 2, 2020 /PRNewswire-PRWeb/ — StatLab Medical Products , a leading developer and manufacturer of diagnostic supplies for the anatomic pathology laboratory industry, announced today that it has acquired Mount Vernon, Washington -based BBC Biochemical. […]

Mergers & Acquisitions

Emergency Reporting, Leading Provider of Fire and EMS Records Management and Reporting Software, Acquires Spotted Dog Technologies

Emergency Reporting, Leading Provider of Fire and EMS Records Management and Reporting Software, Acquires Spotted Dog Technologies Emergency Reporting (ER), the global leader in cloud-based reporting and records management software (RMS) for fire and EMS agencies, is proud to announce their acquisition of Spotted Dog Technologies. Spotted Dog Technologies cloud-based notification and response software, “Rover,” provides critical two-way communication between dispatchers and first responders that decreases response times and integrates with Emergency Reporting RMS. PR Newswire BELLINGHAM, Wash., April 2, 2020 BELLINGHAM, Wash […]

Mergers & Acquisitions

Trendlines Announces Acquisition of Portfolio Company ApiFix Ltd. by OrthoPediatrics Corp.

Trendlines Announces Acquisition of Portfolio Company ApiFix Ltd. by OrthoPediatrics Corp. ApiFix’s FDA and CE Mark approved less invasive non-fusion surgical system for treating progressive adolescent idiopathic scoliosis to enter broad distribution PR Newswire MISGAV, Israel, April 2, 2020 MISGAV, Israel , April 2, 2020 /PRNewswire/ — The Trendlines Group Ltd. […]

Mergers & Acquisitions

Digicel Announces Tender Offers and Consent Solicitations

Digicel Announces Tender Offers and Consent Solicitations PR Newswire KINGSTON, Jamaica, April 1, 2020 KINGSTON, Jamaica , April 1, 2020 /PRNewswire/ — Digicel Group Two Limited (“DGL Two” and, together with its subsidiaries, “Digicel”) today announced the commencement, subject to the terms and conditions set forth in two confidential offering memoranda dated the date hereof (the “Offering Memoranda”), of offers to exchange existing debt of Digicel Limited (“DL”), DGL Two and Digicel Group One Limited (“DGL One”) for various new securities (the “Tender Offers”). The purpose of the Tender Offers is aimed at reducing Digicel’s leverage, extending its debt maturities, reducing interest costs and improving its liquidity position. […]