SLB inks agreement to acquire ChampionX
SLB and ChampionX Corporation recently announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of […]
Jensen Precast acquires ProGlass Incorporated
Jensen Precast, an independent family-owned manufacturer of infrastructure solutions since 1968, yesterday announced it has acquired ProGlass Incorporated, a manufacturer of utility fiberglass products based in Shelton, Washington. The acquisition expands the company’s suite of products engineered specifically for the electric utility market. ensen Precast has been providing quality products to electric utility companies since […]
Frazier Healthcare completes acquisition of RevSpring
Frazier Healthcare Partners (Frazier), a healthcare-focused investment firm, announced recently that it has completed its acquisition of RevSpring a provider of end-to-end communication and payment solutions servicing healthcare and financial services companies, from leading private equity firm GTCR. Frazier is joined in the transaction by NEA, 22C Capital, and RevSpring’s senior leadership team. The partnership with Frazier will […]
Nautic Partners acquires SurfacePrep in partnership with management
Nautic Partners, LLC (“Nautic”) recently announced that it has completed the acquisition of SurfacePrep, in partnership with management. Headquartered in Grand Rapids, Michigan, SurfacePrep is a leading national and international distributor of surface enhancement solutions. The company distributes loose and coated/bonded abrasives, specialty ceramic materials, and powder coating and fluid delivery consumables, as well as […]
Capital One to acquire Discover Financial Services
Capital One Financial Corporation and Discover Financial Services recently announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The transaction brings together two companies with long-standing track records of delivering attractive and resilient financial results, award-winning customer experiences, breakthrough innovation, and […]
Whirlpool Corporation welcomes Richard J. Kramer to Board of Directors
The Whirlpool Corporation board of directors has appointed Richard J. Kramer, former chairman, chief executive officer and president of The Goodyear Tire & Rubber Company, to the board, effective February 19, 2024. Kramer will serve on the corporate governance and nominating committee and the human resources committee. “As a former CEO with tangible experience driving corporate strategy, […]
Armis announces the acquisition of CTCI
Armis, the asset intelligence cybersecurity company, yesterday announced it has agreed to acquire CTCI (Cyber Threat Cognitive Intelligence), a privately held company specializing in AI-powered pre-attack threat hunting technology. In a private deal which closed this week, Armis has acquired all of CTCI technology and employees, expecting to merge the company with Armis over the next […]
Expro enters into a definitive agreement to acquire Coretrax
Expro, a leading provider of energy services, yesterday announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by Buckthorn Partners. Total consideration to […]
AIT worldwide logistics acquires global transport Solutions Group
AIT Worldwide Logistics, a global supply chain solutions, has acquired Global Transport Solutions Group (GTS), a prominent international freight forwarder specializing in time-critical marine spare parts logistics. Headquartered in the Netherlands, GTS and its more than 600 teammates across 16 locations in Asia, Europe, the Middle East and North America, serve over 2,000 ports around […]
Travel + Leisure Co. agrees to acquire Accor Vacation Club
Travel + Leisure Co., a leading membership and leisure travel company, announced an agreement to acquire the vacation ownership business of global hospitality giant Accor for US$48.4 million. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion. Under the terms […]
