Latest news with #MergersAndAcquisitions
Yahoo
13 hours ago
- Business
- Yahoo
Thoma Bravo Is in Talks to Acquire Verint Systems
(Bloomberg) -- Buyout firm Thoma Bravo is in talks to acquire Verint Systems Inc., a maker of call center software, according to people familiar with the matter. Struggling Downtowns Are Looking to Lure New Crowds Sprawl Is Still Not the Answer California Exempts Building Projects From Environmental Law What Gothenburg Got Out of Congestion Pricing Thoma Bravo is negotiating the terms of a potential deal with Verint, which is working with an adviser, said the people, who asked not to be identified discussing confidential information. There's no certainty the two sides will reach an agreement and the talks could end without one, the people said. A representative for Thoma Bravo declined to comment. A spokesperson for Verint didn't immediately respond to requests for comment. Shares of Verint jumped as much as 16% in late trading in New York on Tuesday following the Bloomberg News report. The shares had earlier closed regular trading down 5.5% to $18.59 each, giving the company a market value of about $1.1 billion. Verint describes itself as a leader in customer experience automation and serves some 10,000 customers in more than 175 countries, according to its website. The company has been listed on the Nasdaq Stock Exchange since 2002. Semafor earlier reported that the Melville, New York-based firm was working with bankers to seek a buyer. --With assistance from Liana Baker, Michelle F. Davis and Aaron Kirchfeld. (Updates with post-market share move, additional context starting from fifth paragraph.) SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too How to Steal a House America's Top Consumer-Sentiment Economist Is Worried China's Homegrown Jewelry Superstar Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate ©2025 Bloomberg L.P. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
a day ago
- Business
- Bloomberg
SoftBank's Ampere Deal Now Faces a More In-Depth Review by FTC
SoftBank Group Corp. 's acquisition of semiconductor designer Ampere Computing LLC is facing a potentially lengthy probe by the US government. The Federal Trade Commission, one of two regulators charged with reviewing deals, has opened an in-depth investigation of the takeover, known formally as a second request for information about the transaction, according to people familiar with the matter who asked not to be identified because it wasn't public yet.
Yahoo
2 days ago
- Business
- Yahoo
Generational Group Wins Two International M&A Awards
DALLAS, June 30, 2025--(BUSINESS WIRE)--We are pleased to announce that Generational Group will be honored by The M&A Advisor at the upcoming 16th Annual International M&A Awards in New York. Generational Group will be honored with the following awards: ENERGY DEAL OF THE YEAR: Acquisition of Foundation Logistics & Services, LLC by Radiant Logistics Generational's deal team was led by Chris Heckert, with the support of Troy Blakely PRIVATE EQUITY DEAL OF THE YEAR ($10MM TO $50MM): Acquisition of Althoff Crane Service by Centurion Group a Portfolio Company of SCF Partners Generational's deal team was led by Jon LePage, with the support of Michael Goss and Lance Thomasson Now in its 27th year, The M&A Advisor was founded in 1998 to provide insights and intelligence on mergers and acquisitions, establishing itself as the industry's leading media outlet. Today, the firm is recognized as the world's premier leadership organization for mergers & acquisitions, restructuring, and corporate finance professionals. The winners of the 16th Annual International M&A Awards will be honored and celebrated at a prestigious Awards Gala. The event is a highlight of the 2025 Leadership in Dealmaking Summit, to be held September 15 & 16 in New York City. It will feature leading deal makers, investors, and advisors participating in exclusive 'M&A Ideas' keynote conversations and fireside chats as well as 'M&A Connects' 1-on-1 meetings. To find more information or attend the 2025 Leadership in Dealmaking Summit, please click here. "The International M&A Awards shine a spotlight on dealmakers who think bigger, move faster, and break boundaries," says Roger Aguinaldo, Founder & CEO of The M&A Advisor. "In an era where geopolitics and tech disruption shape every opportunity, these awards recognize the visionaries who turn global complexity into breakthrough value." Generational Chief M&A Officer Brenen Hofstadter said, "We have a dedicated team of M&A professionals whose decades of experience truly set us apart, and it's incredibly rewarding to see their work recognized. Our focus on fostering strong relationships within the international investment community continues to create meaningful advantages for our clients." Ryan Binkley, President and CEO of Generational stated, "We're truly honored to receive these awards and be recognized by our peers. I want to commend our deal teams for their hard work and commitment to our clients that each award reflects." Binkley added, "While recognition like this is gratifying, the greatest reward comes from knowing we've played a part in helping our clients achieve their financial aspirations and dreams." To view a comprehensive list of the winners of the 16th Annual International M&A Awards organized by category, please click here. About Generational Group Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management. Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and consistently ranks #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million. The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022. View source version on Contacts Media Contact:Catherine Binkley469-828-2798cbinkley@
Zawya
3 days ago
- Business
- Zawya
Larger deals power global M&A in H1, bankers signal appetite for megadeals
NEW YORK - Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in U.S. markets could be paving the way for megadeals. Market uncertainties stemming from U.S. President Donald Trump's trade war, high interest rates and broader geopolitical tensions hampered — but did not completely derail — what bankers expected to be a blockbuster year for global M&A, dealmakers say. Trump's tariff policies, kicked off by his self-styled "Liberation Day" on April 2, cast a chill over the markets and pushed several deals and initial public offerings into subsequent quarters. "The expectation was we would see a lot of deal activity in the first half of 2025, and the reality is we didn't see it," said Tommy Rueger, global co-head of equity capital markets at UBS, which Dealogic ranked No. 9 in equity capital markets revenue, according to preliminary data from January 1 through June 27. Interviews with more than a dozen top bankers signal growing confidence that the worst of the market turbulence is over. Fresh record closing highs for the S&P 500 and Nasdaq indexes have helped renew optimism that M&A in the second half of the year will be even stronger, dealmakers say. "There were a lot of deals that were put on hold that will come back," said Ivan Farman, co-head of global M&A at Bank of America, which was ranked No. 3 in overall investment banking revenue and No. 5 for M&A in Dealogic's year-to-date rankings. "I'm optimistic about the second half." There is reason for optimism, dealmakers say, with the recovery in the markets and Trump's easier antitrust policies paving the way for bigger deals. "The probability of very large transactions, perhaps $50 billion-plus, has increased versus a year ago," said John Collins, global co-head of Mergers & Acquisitions at Morgan Stanley, which was ranked No. 4 in overall fee revenue among investment banks and No. 3 for M&A deals. Some $2.14 trillion in deals were signed from January 1 through June 27, up 26% from the same period last year. Part of that increase, however, came from Asia, where activity more than doubled to $583.9 billion. Deal activity in North America rose to $1.04 trillion from January 1 through June 27, up 17% from the first half last year, according to preliminary data from Dealogic. Market volatility, as measured by the VIX index, has dropped to levels that indicate investors feel safer to invest today. "It's been clear that momentum continues to build, paving the way for larger transactions. People are feeling more positive than they were a month ago and starting to implement their decisions," said Philip Ross, vice chairman of Jefferies bank. As the markets calm down, institutional investors are starting to jump back in to equities and more companies are moving forward with IPO plans that had been postponed earlier this quarter. 'The combination of all of those together has created, over the last three to four weeks, an incredibly strong new issue backdrop and we've seen a significant uptick in activity," Rueger said. Saadi Soudavar, head of equity capital markets for Europe, Middle East and Africa at Deutsche Bank, added: "Equity markets have shown a remarkable ability to shrug off a lot of the tariff and geopolitical related volatility." MORALE BOOSTERS A few big deals helped boost market morale at the height of tariff turmoil, including Global Payments' $24.25 billion acquisition of a card processing and account services firm in April. Charter Communications in May agreed to buy privately held rival Cox Communications for $21.9 billion. And U.S.-based equipment manufacturer Chart Industries and Flowserve Corp agreed to merge, valuing the combined company at about $19 billion. There were 17,528 deals signed during the first half of this year, compared with 20,583 deals in the same period last year, according to Dealogic. But this year's deals were bigger in size, pushing the total value of deals higher. There was a 62% increase in the number of $10 billion-plus deals versus the same period last year, the data shows. Dealmaking in Asia was a bright spot. Overall M&A activity rose to $583.9 billion in the first six months, up from $269.9 billion a year ago. Led by Japan and China, the region accounted for 27.3% of the global M&A activity, gaining more than 11 percentage points from the same period last year. Some of the region's biggest deals were kept within the Asia-Pacific region. Toyota Motor announced plans on June 3 to take one of its suppliers private for $33 billion. On June 16, a consortium led by Abu Dhabi's National Oil Company (ADNOC) launched an $18.7 billion all-cash takeover of Australia's second-largest oil producer Santos. Asia also helped drive global equity issuance higher despite the market volatility, with overall volume rising nearly 8% to $350 billion from the same period last year. "You will see more Asia-to-Asia activity," said Raghav Maliah, global vice chairman of investment banking at Goldman Sachs, which was ranked No. 2 in overall investment banking fees and No. 1 in M&A revenue. "Japan has been a big driver in all the deal volumes (in Asia) and we do believe that trend will continue."
Reuters
3 days ago
- Business
- Reuters
Global M&A powered by larger deals in first half; bankers show appetite for megadeals
NEW YORK, June 29 (Reuters) - Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in U.S. markets could be paving the way for megadeals. Market uncertainties stemming from U.S. President Donald Trump's trade war, high interest rates and broader geopolitical tensions hampered — but did not completely derail — what bankers expected to be a blockbuster year for global M&A, dealmakers say. Trump's tariff policies, kicked off by his self-styled "Liberation Day" on April 2, cast a chill over the markets and pushed several deals and initial public offerings into subsequent quarters. "The expectation was we would see a lot of deal activity in the first half of 2025, and the reality is we didn't see it," said Tommy Rueger, global co-head of equity capital markets at UBS, which Dealogic ranked No. 9 in equity capital markets revenue, according to preliminary data from January 1 through June 27. Interviews with more than a dozen top bankers signal growing confidence that the worst of the market turbulence is over. Fresh record closing highs for the S&P 500 and Nasdaq indexes have helped renew optimism that M&A in the second half of the year will be even stronger, dealmakers say. "There were a lot of deals that were put on hold that will come back," said Ivan Farman, co-head of global M&A at Bank of America, which was ranked No. 3 in overall investment banking revenue and No. 5 for M&A in Dealogic's year-to-date rankings. "I'm optimistic about the second half." There is reason for optimism, dealmakers say, with the recovery in the markets and Trump's easier antitrust policies paving the way for bigger deals. "The probability of very large transactions, perhaps $50 billion-plus, has increased versus a year ago," said John Collins, global co-head of Mergers & Acquisitions at Morgan Stanley, which was ranked No. 4 in overall fee revenue among investment banks and No. 3 for M&A deals. Some $2.14 trillion in deals were signed from January 1 through June 27, up 26% from the same period last year. Part of that increase, however, came from Asia, where activity more than doubled to $583.9 billion. Deal activity in North America rose to $1.04 trillion from January 1 through June 27, up 17% from the first half last year, according to preliminary data from Dealogic. Market volatility, as measured by the VIX index (.VIX), opens new tab, has dropped to levels that indicate investors feel safer to invest today. "It's been clear that momentum continues to build, paving the way for larger transactions. People are feeling more positive than they were a month ago and starting to implement their decisions," said Philip Ross, vice chairman of Jefferies bank. As the markets calm down, institutional investors are starting to jump back in to equities and more companies are moving forward with IPO plans that had been postponed earlier this quarter. 'The combination of all of those together has created, over the last three to four weeks, an incredibly strong new issue backdrop and we've seen a significant uptick in activity," Rueger said. Saadi Soudavar, head of equity capital markets for Europe, Middle East and Africa at Deutsche Bank, added: "Equity markets have shown a remarkable ability to shrug off a lot of the tariff and geopolitical related volatility." A few big deals helped boost market morale at the height of tariff turmoil, including Global Payments' $24.25 billion acquisition of a card processing and account services firm in April. Charter Communications (CHTR.O), opens new tabin May agreed to buy privately held rival Cox Communications for $21.9 billion. And U.S.-based equipment manufacturer Chart Industries GTLS.N and Flowserve Corp (FLS.N), opens new tab agreed to merge, valuing the combined company at about $19 billion. There were 17,528 deals signed during the first half of this year, compared with 20,583 deals in the same period last year, according to Dealogic. But this year's deals were bigger in size, pushing the total value of deals higher. There was a 62% increase in the number of $10 billion-plus deals versus the same period last year, the data shows. Dealmaking in Asia was a bright spot. Overall M&A activity rose to $583.9 billion in the first six months, up from $269.9 billion a year ago. Led by Japan and China, the region accounted for 27.3% of the global M&A activity, gaining more than 11 percentage points from the same period last year. Some of the region's biggest deals were kept within the Asia-Pacific region. Toyota Motor (7203.T), opens new tab announced plans on June 3 to take one of its suppliers private for $33 billion. On June 16, a consortium led by Abu Dhabi's National Oil Company (ADNOC) launched an $18.7 billion all-cash takeover of Australia's second-largest oil producer Santos ( opens new tab. Asia also helped drive global equity issuance higher despite the market volatility, with overall volume rising nearly 8% to $350 billion from the same period last year. "You will see more Asia-to-Asia activity," said Raghav Maliah, global vice chairman of investment banking at Goldman Sachs, which was ranked No. 2 in overall investment banking fees and No. 1 in M&A revenue. "Japan has been a big driver in all the deal volumes (in Asia) and we do believe that trend will continue."
