MarineMax agrees to be acquired by Safe Harbor Marinas
Safe Harbor Marinas has agreed to acquire MarineMax for $53 per share in cash, valuing the marina operator and boat retailer at about $1.5 billion enterprise value.
New On The Block Hyperscale Data Inc. (NYSE: GPUS ) is reviewing strategic alternatives to boost shareholder value.
The company cited a gap between its public valuation and the value of its assets and business opportunities.
Options include selling or leasing some or all of its data center assets, pursuing a strategic investment or joint venture, or continuing to own and develop the assets.
Kanen Wealth Management, which owns about 4% of Zevia, is urging the board to explore strategic alternatives, including a potential sale of the company.
Updates From The Block Safe Harbor Marinas has agreed to acquire MarineMax Inc. (NYSE: HZO ) for $53 per share in cash, valuing the marina operator and boat retailer at approximately $1.5 billion on an enterprise-value basis.
The deal is expected to close by the end of 2026, subject to regulatory approvals.
If completed, MarineMax will become privately held, and its shares will be delisted from the New York Stock Exchange.
Teledyne Technologies (NYSE: TDY ) has agreed to acquire Varex Imaging (NASDAQ: VREX ) for $18.90 per share in cash, valuing the transaction at approximately $1.1 billion, including Varex’s equity awards and net debt.
The deal is expected to close in early 2027, subject to regulatory and shareholder approvals.
Etoro Group Ltd. (NASDAQ: ETOR ), the trading and investing platform, is acquiring TradeZero, a U.S.-focused online brokerage serving active traders.
The transaction is expected to close during the first half of 2027.
Xylem (NYSE: XYL ) has agreed to acquire Cornell Pump and Roper Pump from Indicor for $1.46 billion.
The deal expands its industrial water business and exposure to growth driven by infrastructure investment and industrial modernization.
The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval.
Dynatrace (NYSE: DT ) has agreed to purchase AI observability company Arize in a cash-and-stock deal valued at $915 million, expanding its capabilities to help customers monitor and improve AI applications from development through production.
The deal is expected to close later this quarter or early in Dynatrace’s third quarter.
Private Equity Thoma Bravo agreed to take specialty insurance marketplace Accelerant private in an all-cash transaction valued at about $4.4 billion, Shareholders will receive $20.25 per share, a 49% premium to the Aug.
12 closing price.
The deal is expected to close in the first half of 2027.
An affiliate of One Rock Capital Partners, LLC sold EnviroServe, a national provider of environmental and waste management services, to Clean Harbors, Inc. (NYSE: CLH ) for $470 million in cash.
The acquisition is expected to close in the second half of 2026, subject to regulatory approval.
Off The Block Global Net Lease (NYSE: GNL ) completed its previously announced acquisition of Modiv Industrial, in a deal valued at $535 million.
The acquisition adds a portfolio of high-quality industrial net-lease properties across the U.S. and represents a "significant step" in GNL’s transformation strategy.
Pennsylvania American Water finalized its acquisition of the Sutersville-Sewickley Municipal Sewage Authority (SSMSA) wastewater system for $3.25 million.
As part of the agreement, Pennsylvania American Water plans to invest approximately $700,000 in improvements to the SSMSA system to improve the quality and reliability of service over the next five years of ownership.
Parker Hannifin Corporation (NYSE: PH ) has completed the acquisition of Filtration Group Corporation.
The acquisition strengthens Parker’s presence in the life sciences, HVAC/R and industrial applications sectors and expands the company’s aftermarket business.
Colson Group finalized its acquisition of Custom Engineered Wheels, adding another manufacturer to its caster and wheel-products portfolio Bankruptcy Block Investment firm 777 Partners, 600 Partners and its related entities have filed for Chapter 11 bankruptcy, citing nearly $2.7billion in debt.
The Miami-based firm is seeking an orderly liquidation of its remaining assets, the Wall Street Journal reported.
Texas-based Womble Contracting, a provider of specialty coating systems for steel pipe, has filed for Chapter 11 bankruptcy.
The company reported estimated assets and liabilities of between $10 million and $50 million.
Boatworks at Tahoe LLC, which owns the Boatworks lakefront mixed-use property in Tahoe City, California, has filed for Chapter 11 bankruptcy protection amid financial challenges involving the property and a pending foreclosure proceeding.
The company reported estimated assets and liabilities of between $10 million and $50 million, with 1 to 49 creditors.
Lourdes University has filed for Chapter 11 bankruptcy as the northwest Ohio school moves ahead with plans to wind down operations following declining enrollment and financial pressure.
The university’s board unanimously approved the filing, which is intended to provide a structured process for settling its remaining obligations and distributing available assets.
Mad Fitness Group is voluntarily filing for Chapter 11 bankruptcy.