Every deal we've covered

Atelier Aviation, a Cove Capital company, is preparing to reassume full ownership of charter operator Fly Alliance, pending regulatory approval.

Surgery Partners and HealthSpan Partners, an affiliate of Bon Secours Mercy Health, have amended their previously announced merger agreement. The change follows Surgery Partners' receipt of an unsolicited competing proposal from an unnamed third party. Surgery Partners is a short-stay surgical facility owner and operator.

Enghouse Systems will acquire Nasdaq-listed MIND C.T.I., a provider of telecom billing and enterprise UC analytics software, for US$1.30 per share in cash, about $25.4 million in equity value and a 42% premium to the 30-day VWAP. MIND CTI can shop for better offers until December 10, with a $1 million break fee. Closing is expected in Q1 2027.

KPS Capital Partners signed a deal to acquire MM Packaging from Mayr-Melnhof Karton for an enterprise value of €2.4 billion, with MM Group keeping a 30% stake. The Vienna-based maker of folding cartons, labels and leaflets runs more than 50 plants in 19 countries with about 8,500 employees. It will become a standalone company.

Canada's PSP Investments agreed to acquire a 50% interest in Enercare from Brookfield and its institutional partners for $1.6 billion. Enercare provides water heaters, HVAC equipment, water purification and protection plans to more than 1.4 million Canadian homes and businesses. PSP has co-invested in Enercare alongside Brookfield since its 2018 privatization.

Argenx will pay $550 million upfront to acquire California-based Unnatural Products, in a deal that could reach about $1 billion. The target's macrocyclic peptide platform will be used to develop oral, durable medicines for immune-mediated diseases. Argenx already held a minority stake after more than two years of collaboration.

LCI Industries' board unanimously determined that Monomoy Capital Partners' revised, unsolicited, non-binding proposal to buy the company for $104.50 per share in cash is not a superior proposal. The board also said the bid is not reasonably likely to lead to one.

Curaleaf has received all required competition clearances for its proposed acquisition of Aurora Cannabis, from Germany's economy ministry and Federal Cartel Office and Canada's Competition Bureau. Its enhanced premium bid of October 6 remains open until December 4 unless withdrawn or amended.

Siemens signed an agreement to acquire Lauterbach, a provider of hardware-assisted debuggers and real-time trace tools for embedded software and complex system-on-chip designs. Siemens plans to combine Lauterbach's tools with its hardware-assisted verification portfolio. Financial terms were not disclosed.

JBS is acquiring 100% of Flora, a Brazilian consumer products company owned by its controlling shareholder J&F Group, in a deal valued at $542 million.

Tigermed proposes to join the privatization of its subsidiary Frontage Holdings and divest Frontage's overseas laboratory services business to Charles River Laboratories and Frontage chairman Dr. Song Li.

Morgan Stanley agreed to acquire Vinyl Equity, a digital-first SEC-registered transfer agent; terms were not disclosed, and the deal is set to close in Q1 2027.

Samsung Fire & Marine Insurance will acquire the outstanding stake in insurer Canopius alongside KKR and KIC.

AstraZeneca has acquired Omniose, a St. Louis preclinical biotech, after a three-year exclusive research collaboration.

PharmaLogic agreed to acquire Lantheus' CDMO business and Springfield, New Jersey manufacturing facility; terms were not disclosed.

Xylem has completed its previously announced acquisition of Cornell Pump and Roper Pump.

Alaska telecom provider GCI has completed its acquisition of Quintillion.

Craveworthy Brands agreed to acquire New England Authentic Eats, parent of Papa Gino's, adding over 160 restaurants and about $160 million in annual revenue.

Silver Oak Services Partners sold janitorial and facility services provider CCS Facility Services, with over $360 million in revenue, to Wind Point Partners.

Tokenization platform Securitize agreed to acquire River Credit Labs (River One), an institutional asset-backed financing platform.