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Divestitures

Business News
Business

AmeriGas Propane to Divest Hawaii Assets to Isle Gas

June 22, 2025June 21, 2025 - by Timothy Alexander

VALLEY FORGE, PA — AmeriGas Propane, L.P. has announced a definitive agreement to divest certain Hawaii-based assets to Isle Gas, a wholly owned subsidiary of AMF Hawaii Investment Holdings, LLC …

AmeriGas Propane to Divest Hawaii Assets to Isle Gas Read More

Business News
Regional

Burnham Holdings Divests Thermo Pride and Norwood Manufacturing in Strategic Move

May 12, 2025May 12, 2025 - by Timothy Alexander

LANCASTER, PA — Burnham Holdings, Inc. (BHI) has announced its decision to divest the assets of subsidiaries Thermo Pride (TP) and Norwood Manufacturing (NMI) as part of a strategy to …

Burnham Holdings Divests Thermo Pride and Norwood Manufacturing in Strategic Move Read More
Ashland
Regional

Ashland Sells Avoca Business to Mane

March 18, 2025March 18, 2025 - by Timothy Alexander

WILMINGTON, DE — Ashland Inc. (NYSE: ASH) has finalized the sale of its Avoca business to Mane, effective March 14, 2025. While the financial terms of the deal remain undisclosed, the …

Ashland Sells Avoca Business to Mane Read More

Endo
Public Companies

Endo, Inc. to Sell International Pharmaceuticals Business to Knight Therapeutics

March 14, 2025March 13, 2025 - by Timothy Alexander

MALVERN, PA — Endo, Inc. (OTCQX: NDOI) has announced a definitive agreement to divest its International Pharmaceuticals business, operated primarily through Canada-based Paladin Pharma Inc., to Knight Therapeutics Inc. The deal, …

Endo, Inc. to Sell International Pharmaceuticals Business to Knight Therapeutics Read More
NSM Insurance Group
Regional

NSM Insurance Group to Sell U.S. Commercial Insurance Division to New Mountain Capital

February 25, 2025February 24, 2025 - by Timothy Alexander

CONSHOHOCKEN, PA — NSM Insurance Group has reached a definitive agreement to sell its U.S. commercial insurance division to New Mountain Capital, a prominent investment firm with over $55 billion in …

NSM Insurance Group to Sell U.S. Commercial Insurance Division to New Mountain Capital Read More

Avantor
Regional

Avantor Completes $650 Million Sale of Clinical Services Business

October 21, 2024October 20, 2024 - by Timothy Alexander

RADNOR, PA — Avantor, Inc. (NYSE: AVTR) has finalized the sale of its clinical services division to Audax Private Equity, in a deal valued at approximately $650 million. This transaction is …

Avantor Completes $650 Million Sale of Clinical Services Business Read More
Enviri Corporation
Regional

Enviri Corporation Sells Reed Minerals to Speyside Equity for $45 Million

August 30, 2024August 30, 2024 - by Timothy Alexander

PHILADELPHIA, PA — Enviri Corporation (NYSE: NVRI) has completed the sale of its Reed Minerals business to Speyside Equity for $45 million. This move is part of Enviri’s strategy to …

Enviri Corporation Sells Reed Minerals to Speyside Equity for $45 Million Read More

Guardian Capital Partners
Regional

Guardian Capital Partners Sells Carson Dellosa Education to IXL Learning

August 20, 2024August 19, 2024 - by Timothy Alexander

WAYNE, PA — Guardian Capital Partners has announced the recent sale of its portfolio company, Carson Dellosa Education, to IXL Learning, a prominent subscription-based learning platform for K–12. This acquisition marks …

Guardian Capital Partners Sells Carson Dellosa Education to IXL Learning Read More
Avantor
Regional

Avantor to Divest Clinical Services Business to Audax Private Equity for $650 Million

August 20, 2024August 18, 2024 - by Timothy Alexander

RADNOR, PA — Avantor, Inc. (NYSE: AVTR) has announced a definitive agreement to sell its clinical services business to Audax Private Equity for approximately $650 million. This business includes kitting, biorepository, …

Avantor to Divest Clinical Services Business to Audax Private Equity for $650 Million Read More
Lincoln Financial Group
Regional

Lincoln Financial Group Sells Wealth Management Business to Osaic, Inc. for Enhanced Capital Strength

May 13, 2024May 13, 2024 - by Timothy Alexander

RADNOR, PA — Lincoln Financial Group (NYSE: LNC) recently completed the sale of its wealth management division to Osaic, Inc., a move that signifies a strategic pivot towards bolstering its …

Lincoln Financial Group Sells Wealth Management Business to Osaic, Inc. for Enhanced Capital Strength Read More

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