GGD News stories about mergers and acquisitions.
Kerry Washington Invests in Cheersy, a New Wedding Coordination Marketplace
Actress and entrepreneur Kerry Washington has expanded her angel investment portfolio by leading a $550,000 pre-seed funding round for Cheersy, a digital marketplace that connects engaged couples with expert day-of wedding coordinators.
Carol’s Daughter Leaves L’Oréal USA
L’Oréal USA has announced the sale of pioneering haircare brand Carol’s Daughter to an independent beauty company. Lisa Price, the founder of the Carol’s Daughter will assume responsibilities as President and will retain an equity stake. The unnamed beauty partner (acquiring the textured hair brand) also owns Ambi, AcneFree, and Dermablend.
Rockstar Games Acquires Grand Theft Auto Collaborators Video Games Deluxe
Rockstar Games has officially acquired Sydney-based development studio Video Games Deluxe, rebranding it as Rockstar Australia. This strategic move strengthens a partnership that has flourished over the past decade, with both studios collaborating on notable projects such as L.A. Noire: The VR Case Files and enhancements to Grand Theft Auto: The Trilogy – The Definitive Edition.
$8 Billion Paramount-Skydance Merger Expected to Close by July 2025
The entertainment industry is on the cusp of a significant transformation as Paramount Global and Skydance Media prepare to merge, forming the Paramount Skydance Corporation. This merger, valued at approximately $8 billion, is anticipated to close in the first half of 2025, marking a pivotal shift in the media landscape.
Ahimsa Acquires Vegan Brand Blackbird Foods
Ahimsa Companies, a plant-based investment firm, has announced its acquisition of Blackbird Foods, a New York-based vegan brand known for its artisanal frozen pizzas and seitan products available at retailers like Whole Foods, Sprouts, and Target.
The Honda-Nissan Merger Is Dead—Or Is It?
For months, rumors of a potential Honda-Nissan merger fueled speculation about a major shift in the Japanese auto industry. If successful, the deal would have created the third-largest carmaker in the world, helping both companies strengthen their positions in the rapidly evolving electric vehicle (EV) and autonomous driving industries.
Warner Music Group Fully Acquires Africori
Warner Music Group (WMG) has finalized its full acquisition of Africori, a leading African music distribution, rights management, and artist development company. This move underscores WMG’s commitment to amplifying African music on the global stage.
Spirit Airlines Rejects Second Attempt to Acquire Company
Spirit Airlines has officially rejected a second acquisition bid, reaffirming its commitment to independence despite ongoing turbulence in the airline industry. The decision comes after months of speculation over Spirit’s future, with competing carriers eyeing its budget-friendly business model and valuable market share.
Planet Labs Secures $230M Deal to Build Next-Gen Satellites
Planet Labs, a leader in Earth imaging and satellite technology, has secured a $230 million contract to develop and deploy a new generation of satellites. The deal, announced earlier this week, marks a significant milestone in the company’s mission to provide high-resolution, real-time imaging of our planet.
Apollo Funds Acquires Barnes Group Inc. for $3.6B
Apollo Global Management is making another bold move in the industrial sector, acquiring Barnes Group Inc. for $3.6 billion. The deal, announced this week, positions Apollo to expand its influence in aerospace, manufacturing, and engineered products.