Category: Mergers/Acquisitions

Blackstone Completes Acquisition of Copeland, Formerly Emerson Climate Technologies

Blackstone completed the acquisition of a majority stake in Emerson’s climate technologies business in a transaction valuing the business at $14 billion. The new standalone business will be named Copeland.

Fortress Management and Mubadala to Acquire Fortress Investment Group

Fortress Investment Group and Mubadala Investment Company, through its wholly-owned asset management subsidiary, Mubadala Capital, entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group, who have been the owners of Fortress since 2017.

Mid Penn Bancorp Completes Acquisition of Brunswick Bancorp

Mid Penn Bancorp completed its acquisition of Brunswick Bancorp. The combined stock and cash transaction was valued at approximately $43.7 million and will extend Mid Penn’s footprint into Middlesex and Monmouth counties in central New Jersey.