Divestiture News

AUSTIN, Texas--(BUSINESS WIRE)--ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) (“IPA” or the “Company”), a biotherapeutics company delivering advanced solutions in biologics and drug discovery, today announced the successful sale of its Netherlands-based subsidiary, ImmunoPrecise Antibodies (Europe) B.V. (“IPA Europe”), to AVS Bio for a total enterprise value of $12 million USD. AVS Bio, a portfolio company of Arlington Capital Partners, is a leading global provider of critical inputs and services...

CHANTILLY, Va.--(BUSINESS WIRE)--Amentum Holdings, Inc. (“Amentum” or the “Company”) (NYSE: AMTM), a leading advanced engineering and technology company, today announced results for the third quarter ended June 27, 2025, and raised its full year organic guidance for fiscal year 2025. “Amentum’s third quarter performance reflects strong execution and demonstrates the continued strength of our business,” said Amentum Chief Executive Officer John Heller. “We’re seeing benefits from our integration...

DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) (“Dole” or the “Group”) has today announced that certain of its subsidiaries have completed a sale of Dole’s Fresh Vegetables Division to og Holdco LLC (“Buyer”), the parent company of organicgirl LLC, a portfolio company of Arable Capital Partners, LLC (“Arable”). The consideration for this sale is $140 million, comprising $90 million in cash and a $50 million seller note (collectively the “Purchase Price”), and a $10 million potential earn out. T...

NEW YORK--(BUSINESS WIRE)--Antarctica Infrastructure Partners (“AIP”), the dedicated infrastructure investment arm of Antarctica Capital, today announced the successful sale of TRG Datacenters (“TRG”), a Houston-based digital infrastructure platform serving enterprise, hosting, cloud, and AI customers, to Tallvine Partners, an independent investment advisor focused on value-add middle-market infrastructure opportunities. The transaction marks a key realization for AIP’s infrastructure strategy...

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”) today announced the completion of the sale of its subsidiary, VoIP Supply, LLC (“VoIP Supply”), effective June 30, 2025. This transaction represents a key milestone in Sangoma’s ongoing strategic efforts to simplify its portfolio and sharpen its focus on core business areas. As previously disclosed in the Company’s second and third quarter fiscal 2024 results, Sangoma has be...

HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), the parent company of Pacific Current, LLC (Pacific Current), today announced the closing of the sale of Pacific Current’s solar and battery storage assets to Fortistar and Epic Star Energy (Epic Star). The transaction is not expected to be material to HEI’s financial statements. The sale includes all of Pacific Current’s operating solar and battery energy storage facilities on Kauai, Oahu and Maui. The transaction...

HOUSTON--(BUSINESS WIRE)--Amberjack Capital Partners (“Amberjack”), a Houston-based private equity firm focused on critical infrastructure services, today announced the successful sale of its portfolio company Entegra to NDT Global. Entegra is a premium integrity and inspection company specializing in Ultra-High-Resolution Magnetic Flux Leakage (“UHR MFL”) in-line pipeline inspection services. NDT Global is a leading provider of advanced diagnostic inspection and integrity solutions for the ene...

NEW YORK--(BUSINESS WIRE)--ATL Partners (“ATL”), a sector-focused private equity firm, today announced it has successfully completed the sale of its majority stake in GCL (the “Company”), a global leader in live events and luxury goods specialty logistics, to Providence Equity Partners, L.L.C (“Providence”), a private equity firm with significant experience investing in and supporting the growth of companies in the entertainment and media sectors. The sale was signed in May and completed on Aug...

SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners (“Frazier”), a private equity firm focused exclusively on the healthcare sector, today announced the sale of Elevate Patient Financial Solutions (“Elevate” or the “Company”) to Audax Private Equity and Parthenon Capital. Financial terms of the transaction were not disclosed. Headquartered in Spring, TX, Elevate is a leading provider of technology-enabled specialty revenue cycle management (“RCM”) services for hospitals and health systems, wi...

CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope (NASDAQ: COMM) has entered into a definitive agreement to sell Connectivity and Cable Solutions segment to Amphenol Corporation (NYSE: APH)....