Mergers & Acquisitions

Alibaba Selling Sun Art Stake To DCP In About A $1.6 Billion Deal

By Amit Chowdhry ● Jan 3, 2025

Alibaba Group announced it is selling its brick-and-mortar retail company Sun Art Retail Group Ltd. shares to private equity firm DCP Capital for up to HK$12.3 billion ($1.6 billion). Alibaba held over a 70% stake in Sun Art and paid about $3.6 billion for the stake in 2020.

HUTCHMED Sells $608 Million Stake In SHPL

By Amit Chowdhry ● Jan 3, 2025

HUTCHMED, a commercial-stage biopharmaceutical company, announced that it is divesting a 45% equity interest stake in Shanghai Hutchison Pharmaceuticals Limited (SHPL) for about $608 million (RMB 4,478 million) in cash to GP Health Service Capital Co. and Shanghai Pharmaceuticals Holding.

Atlas Canada To Buy Orbit Brokers

By Amit Chowdhry ● Jan 1, 2025

Atlas Canada - a leader in relocation and logistics services - announced an acquisition of Orbit Brokers, a respected provider of customs brokerage services. This acquisition will enhance Atlas Canada’s ability to deliver seamless customs clearance solutions for clients across Canada and the US.

Casago Acquiring Vacasa In $128.6 Million Deal

By Amit Chowdhry ● Jan 1, 2025

Casago (a vacation rental property management company) and Vacasa (a leading vacation rental management platform in North America) announced they have entered into a definitive agreement under which Casago and Vacasa will combine in a transaction in which Casago will buy all outstanding shares of the company held by public stockholders for $5.02 per share, subject to adjustment as outlined in the merger agreement.

Tractor Supply Closes Allivet Acquisition

By Amit Chowdhry ● Jan 1, 2025

Tractor Supply Company announced that it has completed its acquisition of Allivet, a privately-held online pet pharmacy. The plans to buy Allivet were previously revealed on October 24, 2024.

Employer.com To Buy Bench Accounting

By Amit Chowdhry ● Jan 1, 2025

Employer.com - a leader in workforce management and business support solutions - announced the acquisition of Bench Accounting, a premier provider of bookkeeping services and financial solutions for small businesses. And this acquisition reflects Employer.com’s commitment in expanding its portfolio of services and enhancing the value delivered to small businesses.

Highlander Partners Buys Ergo Baby Carrier From Compass Diversified

By Amit Chowdhry ● Jan 1, 2025

Highlander Partners - a Dallas-based private investment firm - announced the acquisition of The Ergo Baby Carrier, Inc. from Compass Diversified. Launched in 2003 and based in Los Angeles, California, Ergobaby is the global market leader in premium baby carriers.

World Wide Technology Buying Softchoice For C$1.8 Billion

By Amit Chowdhry ● Dec 31, 2024

Softchoice and World Wide Technology, a global technology solutions and services provider, announced that they have entered into an arrangement agreement for Softchoice to be acquired by WWT via an all-cash transaction, which values Softchoice at an enterprise value of approximately C$1.8 billion. The shareholders, including each of the directors and senior officers of Softchoice representing about 51.3% of Softchoice’s issued and outstanding common shares, have entered into voting support agreements under which such shareholders have agreed to support and to vote all shares held by them in favor of the deal.

Immedica To Buy Marinus Pharmaceuticals In $151 Million Deal

By Amit Chowdhry ● Dec 30, 2024

Immedica Pharma, a leading global rare disease company, and Marinus Pharmaceuticals, a pharmaceutical company committed to improving the lives of patients with seizure disorders, announced today that they have entered into an agreement and plan of merger under which Immedica has agreed to acquire Marinus, using a tender offer and subsequent merger.

Wabtec To Buy Bloom Engineering In $69 Million Deal

By Amit Chowdhry ● Dec 30, 2024

Wabtec announced it has acquired Bloom Engineering, a leading provider of industrial heating applications. This deal enhances Wabtec’s portfolio of heat transfer and energy solutions, integrating Bloom Engineering’s advanced technologies in burners, combustion systems, and overall services for industrial and process heating applications.

Commure To Buy Digital Care Company Memora Health

By Amit Chowdhry ● Dec 30, 2024

Commure, a leading healthcare technology company, announced the acquisition of Memora Health, a digital care navigation platform. Memora will strengthen Commure's existing AI-based portfolio of patient engagement, clinical documentation, revenue cycle management, and RTLS solutions.

Zebra Technologies To Buy Robotic Vision Company Photoneo

By Amit Chowdhry ● Dec 30, 2024

Zebra Technologies - a leading digital solution provider enabling businesses to connect data, assets, and people intelligently - announced today it plans to acquire Photoneo, a leading developer and manufacturer of 3D machine vision solutions. The 3D segment of the Machine Vision market is the fastest growing, and this acquisition will further accelerate Zebra’s presence in the category.