Vaughan, Ontario, Oct. 01, 2024 (GLOBE NEWSWIRE) — Empire Communities, one of North America’s largest privately held homebuilders, continues its U.S. expansion with the announcement of a strategic partnership with Colorado Springs-based builder Covington Homes. The partnership further diversifies and expands Empire’s presence in the U.S. to 8 markets, including Houston, Austin, San Antonio, Atlanta, Chattanooga, Charlotte, Greenville, and now Colorado Springs.  “Entering into the Colorado market marks a significant step forward in Empire’s growth strategy,” says Dan Guizzetti, co-CEO of Empire. “With this strategic partnership, we’re aligning with a well-established team that has a proven history of over 15 years as a successful operator in the Colorado Springs market.” Andrew Guizzetti, co-CEO, adds, “Covington Homes has built...

MIDLAND, Texas, Oct. 01, 2024 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it and its operating subsidiary Viper Energy Partners LLC (“OpCo”) completed the previously announced acquisition of certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty IV, LLC (“TWR IV”) under the previously reported purchase agreement, dated as of September 11, 2024. The total consideration for the acquisition consisted of approximately $459.0 million in cash, the issuance of approximately 10.1 million OpCo units to TWR IV and an option granted for TWR IV to acquire the same number of shares of Viper’s Class B common stock as the OpCo units. The cash consideration for the acquisition was funded through a...

OHBA and enerQUALITY to Collaborate on Industry-Wide Training Hub Focused on Energy Efficiency and High-Performance Building Standards TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) — enerQUALITY, Ontario’s leading certifier of high-performance programs, is thrilled to announce its acquisition by the Ontario Home Builders’ Association (OHBA). With this strategic development, enerQUALITY will become the cornerstone of a newly formed external training hub, designed to address the growing demand for industry-wide training in energy efficiency, sustainability, and high-performance building standards. For over 25 years, enerQUALITY has led the way in market transformation and capacity building, advancing the industry in constructing energy-efficient homes. Having certified more than 120,000 homes across the province through respected programs...

MONTREAL, Oct. 01, 2024 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP”, the “Corporation”, “we”, “us” or “our”), a leading global professional services firm, proudly announces that it has completed its previously announced acquisition of Power Engineers, Incorporated (“POWER”), a prominent U.S. consulting firm with a leading presence in the Power & Energy (P&E) sector (the “Acquisition”). POWER is a premier brand renowned for its deep technical expertise and strong client relationships, and it is home to approximately 4,000 employees across North America. “Today, we celebrate the start of an exciting new era for WSP and POWER as our teams join forces in creating the preeminent pure-play global consulting firm for the world’s energy transition. This milestone completes our strategic vision of expanding our capabilities...

Hexatronic completes acquisition of Icelandic Endor Hexatronic Group AB (publ) has completed the acquisition of parts of Icelandic Endor under the letter of intent signed in July. The acquisition adds leading data center expertise and a customer base in Iceland, Sweden, and Germany to Hexatronic. “Data Center is one of our growth areas. The business we are acquiring focuses on hybrid IT solutions for larger organizations, which is an attractive part of the market and means we are broadening our offering. We are happy to welcome our new colleagues to Hexatronic”, says Martin Åberg, Deputy CEO of Hexatronic. The acquisition will not have a material impact on Hexatronic’s results. In total, less than five employees will be transferred to Hexatronic. The acquired business was previously part of Icelandic Sýn hf. “We are extremely...

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.CM Tucker Lumber is a leading family-owned lumber and treated wood supplier and a large producer of specialty value added products ranging from lumber, to fencing, to deck components, to plywood, operating in the Eastern United States with three large lumber treating plants, specialty sawmilling and a captive trucking fleet.Highly strategic acquisition that complements Doman’s existing Central and West Coast operations in the United States, with immediate scale in ten new states, including South Carolina, North Carolina, Florida, Georgia, Virginia, West Virginia, Delaware, Maryland, New York and Pennsylvania.The Transaction is expected to be immediately accretive...

TORONTO & BOCA RATON, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) — MAV Beauty, a global hair and personal care company, and Sky Organics, a pioneer in organic beauty solutions, announced today their strategic merger, which aims to leverage the strengths of both companies, enhancing product innovation and expanding market reach. MAV Beauty, known for its diverse portfolio, including Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice, brings decades of expertise in delivering high-quality hair and personal care products globally. Sky Organics is recognized for its sustainable practices and organic offerings as well as its mission-driven approach to high-quality beauty and personal care. “This merger represents a transformative moment for both our companies,” said Michael Cohen, Partner at Nexus, “The...

STRASBURG, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) — First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has completed the acquisition by merger of Touchstone Bankshares, Inc. (“Touchstone”) effective October 1, 2024 (the “Merger”). Immediately following the Merger, Touchstone Bank, the wholly owned subsidiary of Touchstone Bankshares, Inc., was merged with and into First Bank. Pursuant to the previously announced terms of the Merger, each outstanding share of Touchstone Bankshares, Inc. common stock and preferred stock (on an as-converted, one-for-one basis, which shares of preferred stock converted automatically to common stock at the effective time of the Merger) is entitled to receive 0.8122 shares of First National Corporation’s common...

This marks Credent’s 13th acquisition in six years and pushes the RIA’s total AUM to $3.2B Auburn, IN, Oct. 01, 2024 (GLOBE NEWSWIRE) — CX Institutional, LLC d/b/a Credent Wealth Management (“Credent”), a fee only RIA headquartered in Indiana, has announced the acquisition of Clarify Wealth Management (“Clarify Wealth”), a fee-only RIA headquartered in Cincinnati with additional locations in Columbus, Ohio and Lafayette, Indiana. The $450 million acquisition represents a significant milestone in Credent’s growth strategy, pushing its total AUM beyond $3 billion. The integration will not only expand Credent’s footprint into Cincinnati, Columbus, and Lafayette, Indiana, but also enhances the investment solutions available to Clarify Wealth’s existing clients. These enhancements include access to Credent’s unified managed account...

ST. LOUIS, Oct. 01, 2024 (GLOBE NEWSWIRE) — Saint Louis, MO, October 1, 2024 – The M&A Advisor has announced the award finalists for the 23rd Annual M&A Advisor Awards. ButcherJoseph & Co. was selected for four awards: the sale of Environmental Restoration to the Environmental Restoration Employee Stock Ownership Plan for the Industrials Deal of the Year and the Corporate Strategic Deal of the Year; the sale of ITR Economics to Crowe LLP for the Professional Services Deal of the Year and the M&A Deal of the Year. The winners will be revealed during a prestigious Black-Tie Awards Gala at the 2024 Future of Dealmaking Summit, taking place on November 19 & 20, 2024, in New York City. The M&A Advisor recognizes achievements, provides thought leadership, and connects elite professionals in turnarounds...