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Restart Life Sciences Executes Definitive Agreement to Acquire Holy Crap Foods
TMX Newsfile· 2026-02-13 15:10
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart Life" or the "Company") is pleased to announce that, further to its news release dated December 22, 2025, it has entered into a share purchase agreement (the "Definitive Agreement") among Holy Crap Foods Inc. ("Holy Crap") and Happy Belly Coffee Inc. (the "Vendor"), a subsidiary of Happy Belly Food Group Inc. (CSE: HBFG) that owns all of the issued and outstand ...
Press Release: Sanofi completes the acquisition of Dynavax
Globenewswire· 2026-02-10 14:00
Core Insights - Sanofi has completed the acquisition of Dynavax Technologies Corporation, enhancing its portfolio in adult immunization with Dynavax's hepatitis B vaccine HEPLISAV-B and shingles vaccine candidate Z-1018 [1][2] Acquisition Details - The tender offer for Dynavax's common stock expired on February 9, 2026, and all conditions were satisfied, leading to Sanofi's acceptance of the shares [3] - The acquisition was finalized through a merger, with Dynavax becoming a wholly owned subsidiary of Sanofi, and shares not tendered in the offer will receive $15.50 per share in cash [4] Strategic Implications - This acquisition strengthens Sanofi's commercial reach and development capabilities in the vaccine market, positioning the company for growth in adult immunization [2]
Savaria announces the acquisition of Baxter Residential Elevators
Globenewswire· 2026-02-09 13:00
LAVAL, Québec, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX:SIS), a global leader in the accessibility industry, is pleased to announce that it has completed the acquisition of substantially all the assets of Baxter Residential Elevators, LLC (“BRE”), a leading dealer and installer of home elevators and lifts based in Frisco, Texas. Founded in 2004, BRE has been a long-time Savaria dealer serving the Dallas-Fort Worth Metroplex and generated approximately US$4 million (C$5.5 millio ...
Hellman & Friedman reportedly in discussions to buy Bill Holdings
Yahoo Finance· 2026-02-09 09:17
Group 1 - Hellman & Friedman is in discussions regarding a potential acquisition of Bill Holdings, a business payments provider, with other buyout firms also showing interest [1] - Bill's shares increased by 21% on February 6 after the company raised its full-year outlook, although the stock is down approximately 56% over the past year, trading at $42.83 and giving it a market capitalization of about $4.2 billion [2] - For Q2 of fiscal 2026, Bill reported revenue of $414.7 million, up from $362.6 million year-over-year, driven by higher subscription and transaction fee revenue, while posting a net loss of $2.6 million compared to a net income of $33.5 million in the previous quarter [3] Group 2 - Bill provides payments and expense-management services to small and midsize businesses and has faced pressure from activist investors such as Starboard Value LP, Elliott Investment Management, and Barington Capital Group due to weaker customer spending and competition [4] - Starboard Value reached a cooperation agreement with Bill in October after acquiring a stake, leading to the appointment of four new independent directors, including one nominated by Starboard [4]
Orion Completes Acquisition of J. E. McAmis, Strengthening Heavy Marine, Jetty and Breakwater Construction Capabilities
Globenewswire· 2026-02-04 11:59
Core Viewpoint - Orion Group Holdings, Inc. has acquired J. E. McAmis, Inc. and JEM Marine Leasing LLC for approximately $60 million, enhancing its capabilities in marine construction and positioning the company for long-term growth [1][5][9] Transaction Highlights - The acquisition includes a purchase consideration of approximately $60 million, with additional contingent consideration of $10 million based on profit from projects in backlog and 40% of profit on select near-term pursuits [5] - The deal is expected to be accretive to Orion's adjusted EBITDA and margin for 2026 [6][9] Company Background - J.E. McAmis, founded in 1973, specializes in complex marine construction projects, including jetty and breakwater construction, dredging, and environmental restoration, with a strong client base including the U.S. Department of Defense [3][13] - J.E. McAmis has a robust pipeline of opportunities valued at $1.4 billion and a portfolio of marine and real estate assets worth $34 million [3] Strategic Implications - The acquisition strengthens Orion's marine construction business by adding best-in-class capabilities and a highly skilled workforce [4][9] - It enhances Orion's equipment fleet with strategic marine assets and positions the company to capitalize on significant marine opportunities in the future [9] Financial Structure - The acquisition was funded through $46 million in cash (net of cash acquired), a $12 million subordinated promissory note, and $2 million in Orion common stock [10]
GE Vernova acquires remaining Prolec GE stake
Yahoo Finance· 2026-02-03 10:08
Group 1 - GE Vernova has acquired the remaining 50% stake in Prolec GE for $5.28 billion (91.43 billion pesos), transitioning from a joint venture to full ownership [1][2] - The acquisition was financed through an equal split of cash and debt and concluded after receiving necessary regulatory approvals [1] - Prolec GE operates seven manufacturing locations in the Americas, employing around 10,000 staff and specializes in transformers and related components for power generation, transmission, and distribution [2] Group 2 - GE Vernova CEO Scott Strazik emphasized the importance of the acquisition in enhancing the company's capacity to meet strong grid demand in North America [3] - Prolec GE will now operate within GE Vernova's Electrification segment and adopt the GE Vernova brand in the marketplace [3] - The existing leadership team at Prolec GE will remain in place, with CEO Ricardo Suarez continuing to lead while adapting to the GE Vernova culture [4]
Essity completes the acquisition of Edgewell's feminine care business
Prnewswire· 2026-02-02 17:50
Group 1 - Essity has completed the acquisition of Edgewell Personal Care's feminine care business for USD 340 million (approximately SEK 3 billion) on a cash and debt-free basis, enhancing its focus on high-margin categories and market positions in the US [1][2] - The acquisition includes a diverse product portfolio of liners, pads, and tampons under well-known brands in North America, as well as a production facility in Dover, Delaware, which will be consolidated into Essity's accounts as of February 2, 2026 [2] - The CEO of Essity, Ulrika Kolsrud, expressed optimism about accelerating the growth of the acquired brands, reinforcing the company's personal care business in North America and its ambition to expand in high-yielding categories and key geographies [3] Group 2 - Essity is recognized as a fast-growing player in the feminine care category, with a strong portfolio of regional brands such as Libresse, Bodyform, Nana, Saba, Libra, Nosotras, Knix, and Modibodi, offering a wide range of products including pads, liners, tampons, intimate soaps, intimate wipes, leakproof apparel, and menstrual cups [4]
SYNERGIE closes the acquisition of a majority stake in House of Flexwork Group.
Globenewswire· 2026-02-02 17:11
Core Viewpoint - SYNERGIE has successfully acquired a majority stake in HOUSE OF FLEXWORK, enhancing its presence in the Swiss staffing market and expanding its HR service offerings [1][4]. Company Overview - HOUSE OF FLEXWORK, established in 1998, is a prominent Swiss staffing agency with brands including Induserv, Hardworker, and Payroll House, operating seven branches across Switzerland [2]. - The company is projected to generate approximately CHF 75 million (EUR 80 million) in turnover for the year 2025 [2]. Transaction Details - The acquisition will integrate HOUSE OF FLEXWORK's management with SYNERGIE's Swiss operations, creating a comprehensive national platform across Switzerland [3]. - This merger will combine complementary client portfolios, particularly in sectors such as agrifood, pharmaceuticals, and logistics [3]. Leadership and Strategic Impact - The new entity will be led by Andreas Eichenberger, CEO of HOUSE OF FLEXWORK, ensuring continuity and leveraging his market expertise [4]. - This acquisition is a strategic move for SYNERGIE, positioning it to better support client growth and performance through a full range of HR solutions [4]. Future Events - SYNERGIE plans to communicate its 2025 Year End Results on April 1st, 2026, after the stock market closes [5].
Donaldson to Acquire Facet, an Innovator in Mission-Critical Fuel and Fluid Filtration Solutions
Businesswire· 2026-02-02 13:30
Core Viewpoint - Donaldson Company, Inc. has announced a definitive agreement to acquire Filtration Group's Facet Filtration business for approximately $820 million, which reflects a valuation of about 20.0x calendar year 2025 EBITDA, or 16.6x when adjusted for expected tax benefits and cost synergies [1][5] Group 1: Acquisition Details - The acquisition is an all-cash transaction valued at approximately $820 million [1] - Facet Filtration specializes in fuel and fluid filtration solutions, particularly in aerospace, defense, and power generation sectors [4] - Facet's products are utilized throughout the fuel supply chain, making it a pioneer in the jet fuel filtration market [4] Group 2: Strategic Importance - The acquisition is expected to enhance Donaldson's Industrial Solutions business by increasing exposure to durable end markets that require high-performance filtration solutions [2] - Approximately 70% of Facet's revenues are derived from recurring, regulated replacement part sales, which are characterized by high margins [2] - This acquisition is anticipated to expand Donaldson's addressable market and contribute to long-term profitable growth [3] Group 3: Financial Aspects - Donaldson plans to fund the acquisition through a combination of cash on hand and new debt financing [5] - Facet's projected sales for calendar year 2025 are estimated at $108 million, with significant revenue contributions from North America (57%) and Europe (26%) [4]
ESAB Corporation to Acquire Eddyfi Technologies, Creating an Unrivaled Provider of Complete Workflow Solutions
Businesswire· 2026-02-02 11:48
Core Viewpoint - ESAB Corporation has signed a definitive agreement to acquire Eddyfi Technologies for $1.45 billion, enhancing its capabilities in advanced inspection and monitoring technologies [1][2]. Acquisition Details - The acquisition is expected to generate approximately $270 million in revenue and $80 million in adjusted EBITDA by 2026, with potential synergies increasing adjusted EBITDA to $100 million [2]. - Funding for the acquisition will come from cash on hand, debt, and $318 million of fully committed equity, with the transaction expected to close in mid-2026, pending regulatory approvals [2][6]. - ESAB has committed to maintaining Eddyfi's workforce and head office in Quebec City as part of the acquisition [2]. Strategic Implications - This acquisition is seen as a pivotal step for ESAB, positioning the company for its next phase of growth and expanding its total addressable market by approximately $5 billion [3][4]. - The integration of Eddyfi is expected to enhance ESAB's offerings across fabrication, inspection, and monitoring, making it a preferred partner for global customers [4]. - Eddyfi is projected to deliver high-single-digit organic growth with gross margins exceeding 65%, contributing to a faster-growing and higher-margin portfolio for ESAB [4]. Financial Outlook - Following the acquisition, ESAB anticipates a net leverage ratio of less than 3.0x by year-end [6]. - For the full year 2025, ESAB expects revenue between $2,842 million and $2,844 million, with core revenue ranging from $2,700 million to $2,702 million [9]. - The company projects diluted EPS from continuing operations to be between $4.08 and $4.10, with core diluted EPS ranging from $5.25 to $5.27 [9].