Extendicare increases Senior Secured Credit Facility to $375 million MARKHAM, Ontario, July 02, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced today that its wholly owned home healthcare subsidiary, ParaMed Inc. (“ParaMed” or the “Purchaser”), completed the previously announced acquisition of all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. and certain affiliates (collectively, “Closing the Gap”) from the ultimate shareholders of Closing the Gap effective July 1, 2025 (the “Transaction”). ParaMed acquired Closing the Gap on a debt-free, cash-free basis. The aggregate cash consideration for the Transaction was $75.5 million, subject to customary working capital and other adjustments. The Transaction also includes an earnout tied to new business revenue...

VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation. With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition...

RESTON, Va., July 02, 2025 (GLOBE NEWSWIRE) — Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and project management firm, today announced it has entered into a definitive purchase agreement to acquire e3i Engineers, a Boston, Massachusetts-based firm specializing in the design of data centers, energy infrastructure and emerging technology applications. The acquisition enhances Bowman’s ability to support clients with increasingly complex inside-the-data-center engineering needs, building on its existing strength in site planning, civil design and utility infrastructure. e3i Engineers has built a solid reputation over the past decade for its work supporting data centers and other mission-critical infrastructure across the U.S. The firm’s portfolio includes more than 3.2 million square feet of...

Acquisition Expands Infrastructure Outreach Firm’s Reach throughout the Western U.S. SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Leading California communications firm Southwest Strategies Group announced today the acquisition of Kiterocket, one of the nation’s leading public relations agencies for emerging technologies, semiconductors, renewable energy and sustainability. “Kiterocket’s client-centric philosophy and commitment to investing in their team align with our core values,” said Southwest Strategies Group CEO Chris Wahl. “Semiconductors are the lifeblood of modern American infrastructure, and this partnership positions Southwest Strategies Group to be on the leading edge of communications on the West Coast.” With offices in Phoenix, Ariz., and Seattle, Wash., Kiterocket extends Southwest Strategies Group’s reach throughout...

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Etika Automotive Sdn Bhd (“Etika”) exercised its put option on June 30, 2025, requiring us to purchase 49% of the equity interests in Lotus Advance Technologies Sdn Bhd (“Lotus UK”) held by Etika pursuant to the Put Option Agreement dated January 31, 2023 between the parties. Lotus UK is currently owned by Geely International (Hong Kong) Limited (“Geely HK”) and Etika. As announced on April 14, 2025, Geely HK exercised a similar put option granted to it by the Company. With Etika having exercised its put option, the Company is expected to acquire 100% of the equity interests of Lotus UK through non-cash transactions based on pre-agreed prices....

Continues the company’s disciplined capital allocation strategy of targeted bolt-on acquisitions and proven ability to build trusted, proprietary partnerships with family-owned businesses Acquisition expands Ingersoll Rand competencies and capabilities in high-growth end markets Purchase made at an attractive low-double-digit multiple with expected post-synergy multiple in the mid-to-high single digitsDAVIDSON, N.C., July 01, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Termomeccanica Industrial Compressors S.p.A. (“TMIC”) and its subsidiary Adicomp S.p.A. (“Adicomp”) (collectively “TMIC/Adicomp”) with a purchase price of approximately €160 million. TMIC is an international leader in the design and production...

EAGLE, Idaho, July 01, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of a premier home health agency, GrandCare Health Services. The newly acquired agency, to be known as GrandCare Home Health, provides services in Los Angeles, Orange, Riverside and San Diego counties in California, and broadens Pennant’s service area in the region. “We are happy to welcome GrandCare Home Health to Pennant,” said Brent Guerisoli, Chief Executive Officer of Pennant. “This acquisition expands our ability to provide home health services to communities in the strategically important California markets where we already have a significant senior living presence. It will also strengthen our home...

Melissa Anderson to Lead Public Good, AI-Driven Contextual Targeting PlatformTake 90 seconds to see how Public Good’s AI-for-Good can change that and drive sales growth.LOS ANGELES, July 01, 2025 (GLOBE NEWSWIRE) — Ad.com, a leader in performance marketing and digital media, today announced the acquisition of Public Good, the industry’s top platform for values-based digital marketing via contextual targeting. The acquisition strengthens Ad.com’s position at the intersection of purpose and performance and provides Public Good with the resources and strategic backing to scale globally. “Ad.com’s investment marks a pivotal step in our journey to global leadership, enabling us to deliver innovative, first-to-market solutions powered by next-generation AI,” said Melissa Anderson, who will lead as President...

Press release – Paris, July 1st, 2025, at 7:00 P.M. CEST Danone completes the acquisition of Kate Farms,enhancing its U.S. specialized nutrition offerings Danone announced today that it has successfully completed the acquisition of a majority stake in Kate Farms, a fast-growing U.S. business and the #1 doctor-recommended plant-based brand in the U.S., offering a wide array of plant-based, organic nutrition products for both medical and everyday needs. By bringing together the Kate Farms, Nutricia, Real Food Blends, and Functional Formularies brands, the combined business will now reach more patients, consumers and healthcare providers in North America with a complementary and differentiated offering of high-quality nutritional solutions that support a wide range of health needs. In line with its Renew strategy, Danone’s newly enhanced...

Eurobio Scientific completes the acquisition of Life Science unit of Voden Medical Instruments Spa in Italy Paris, July 1st, 2025 Eurobio Scientific (FR0013240934, ALERS), (FR0013240934, ALERS, PEA-PME eligible), a leading French group in in vitro specialty medical diagnostics and life sciences, today announces the completion of the acquisition of the assets of the Life Science unit of Voden Medical Instruments Spa1. The unit focuses on diagnostics, cellular and molecular biology as well as genome analysis and distributes our GenDx line of products in Italy. Payment will be made entirely in cash, financed with both the Group’s cash and through a bank loan. This acquisitions will allow Eurobio Scientific to reinforce its operations in Italy and commercially integrate the distribution of its proprietary products. About Eurobio...