Divestiture News

RICHARDSON, Texas--(BUSINESS WIRE)--CommScope (NASDAQ: COMM) announced the closing of transaction to sell its Connectivity & Cable Solutions segment to Amphenol Corporation (NYSE: APH)....

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the completion of its acquisition of Global Payments' Issuer Solutions business, formerly known as TSYS, for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of net present value of tax assets. Offerings from this asset, the world’s largest issuing business, will now go to market under the FIS® Total Issuing™ Solutions portfolio brand...

ATLANTA--(BUSINESS WIRE)--Global Payments Completes Acquisition of Worldpay and Divestiture of Issuer Solutions Business...

SAN RAMON, Calif.--(BUSINESS WIRE)--Wadham Energy LP, the largest rice waste fired biomass power plant in the US, has been sold to High Rock Energy by Enpower Corp....

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, today announced the sale of Stampede Culinary Partners, Inc. (“Stampede” or the “Company”) to Premium Brands Holdings Corporation (“Premium Brands”) (TSX:PBH). Headquartered in Bridgeview, Illinois, Stampede is a leading North American culinary solutions provider, with a specialized focus on sous vide solutions. With over three decades of experience, Stampede serves a blue-chip...

NEW YORK--(BUSINESS WIRE)--ORIX Capital Partners (“OCP”), the private equity group of ORIX Corporation USA, today announced the sale of Specialty Welding and Turnarounds (“SWAT”), a leading provider of specialty welding and other highly technical turnaround services, to Brown & Root Industrial Services, owned by One Equity Partners and KBR. Hastings Equity Partners sold its minority position as part of this transaction. ORIX Capital Partners first invested in SWAT in 2020 due to its strong...

MIAMI--(BUSINESS WIRE)--Trivest Partners LP (“Trivest” or the “Firm”), a leading private equity firm focused exclusively on investing in founder- and family-owned businesses, announced that Trivest Growth Investment Fund II (“TGIF II”) has completed the sale of its portfolio company IPMF, LLC (“NaturPak” or the “Company”) to PPC. Trivest originally partnered with NaturPak through a minority investment in October 2020. Terms of the transaction were not disclosed. Headquartered in Janesville, Wis...

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity” or the “Company”) today announced that on December 30, 2025 it completed a strategic restructuring of its railcar investment partnerships with Napier Park, a leading alternative credit platform. These transactions deliver an anticipated 2025 EPS impact of $1.50. As a result, Trinity is raising its full year EPS guidance to a range of $3.05 to $3.20. Before the restructuring, Trinity held a 43% stake in TRIP Rail Holdings L...

NEW YORK--(BUSINESS WIRE)--GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce the sale of its portfolio company, Aero 3, Inc. (“Aero 3” or the “Company”), to VSE Corporation (“VSE”) for $350 million in cash. Aero 3 is a Manchester, New Hampshire-based provider of wheel and brake maintenance, repair and overhaul services to the global aviation industry. The Company is an authorized distributor of OEM wheel and brake components and additionally of...

LEWISVILLE, Texas--(BUSINESS WIRE)--MCS, the national property services company founded in 1986, announced today that the company has been sold to current CEO Craig Torrance and President Andrew Nolan. The company will focus solely on providing property services for the commercial, residential and government business sectors. In November 2025, MCS completed the sale of its Mortgage Contracting Services division. The remaining service lines, which includes the MCS Commercial, MCS Residential, an...