Center Rock acquires Merit Distribution from Centre Lane Partners

(adsbygoogle = window.adsbygoogle || []).push({}); Center Rock acquisition of Merit Distribution : Michigan-based private equity firm Center Rock Capital Partners has acquired The Merit Distribution Group, a distributor of paint sundries, flooring products, and related installation supplies, from Centre Lane Partners for an undisclosed price. Merit More...

by businessnewstoday | Published 19 hours ago
By businessnewstoday On Thursday, April 18th, 2019

FMC India commissions 15 community water filtration plants in Uttar Pradesh

FMC India, an agricultural sciences company, has commissioned community water filtration plants across 15 villages in Uttar Pradesh to boost access to clean, potable water in the north Indian state in order to make More...

By businessnewstoday On Wednesday, April 10th, 2019

L3 Technologies to deliver four MC-55A Peregrine aircraft to Australia

Defense industry news : US defense company L3 Technologies has bagged a contract worth over $1 billion from the Royal Australian Air Force (RAAF) to supply four MC-55A Peregrine aircraft equipped with next-generation More...

By businessnewstoday On Sunday, March 31st, 2019

Midas Nursery Solutions acquired by TreeTown USA

TreeTown USA, a wholesale nursery and tree grower, has acquired Midas Nursery Solutions, a horticulture automation company based in Hillsboro, Oregon, for an undisclosed price. The deal marks TreeTown USA’s first More...

By businessnewstoday On Sunday, March 24th, 2019

FIS to acquire payment processing company Worldpay in $43bn deal

FIS acquisition of Worldpay : US financial services technology provider Fidelity National Information Services (FIS) has signed a $43 billion worth cash-cum-stock deal to acquire payment processing company Worldpay. Worldpay, More...

By Soujanya Ravi On Saturday, March 23rd, 2019

Carlyle Group takes stake in SBI Life Insurance

Insurance acquisition news : Global investment firm The Carlyle Group has signed a deal to acquire a stake of 9% in India-based SBI Life Insurance from French insurance company BNP Paribas for an undisclosed amount. SBI More...

By Soujanya Ravi On Saturday, March 23rd, 2019

ACI to Western Union’s US domestic bill pay business Speedpay for $750m

ACI acquisition of Speedpay : Payment systems company ACI Worldwide has signed a $750 million all-cash deal to acquire the US domestic bill pay business of Western Union, which operates under the brand Speedpay. Speedpay More...

By businessnewstoday On Friday, March 22nd, 2019

Newell Brands to sell Process Solutions to One Rock Capital for $500m

Consumer goods company Newell Brands has agreed to offload its Process Solutions business to private equity firm One Rock Capital Partners for about $500 million. Process Solutions, which is based in Greenville, More...

By Soujanya Ravi On Thursday, March 14th, 2019

Gallagher to acquire JLT aerospace insurance business for £190m

Insurance acquisition news : Arthur J. Gallagher & Co. (Gallagher) has signed a deal worth around £190 million to acquire the global aerospace insurance broking business of Jardine Lloyd Thompson Group (JLT). For More...

By Soujanya Ravi On Tuesday, February 26th, 2019

Seaborne Airlines begins San Juan to Santiago flight service

Puerto Rico-based Seaborne Airlines has made a comeback in the Dominican Republic by introducing its San Juan to Santiago flight service. The Caribbean airliner has started non-stop flight services from Puerto Rico’s More...