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Bel Closes Its Previously Announced Acquisition of Enercon Technologies

Benzinga

14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," Enercon") from Fortissimo Capital based on an enterprise value of $400 million. WEST ORANGE, N.J., Bel," or, "the Company") (NASDAQ: BELFA , NASDAQ: BELFB ), announced today that it has closed the previously announced majority stake acquisition of Enercon Technologies, Ltd.

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Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal

Benzinga

The transaction price represents a premium of around 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024, and about 29% to the 90-day VWAP as of the same date. Encore’s implied Enterprise Value (EV) of around €3.9 EV/2023A EBITDA and 6.3x billion represents a multiple of 8.2x

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Why Vista Outdoor Shares Are Tumbling Today

Benzinga

The transaction cost implies 5x enterprise value to Sporting Products FY24 EBITDA, including estimated standalone costs. The deal is expected to close in the calendar year 2024, subject to stockholders and regulatory approvals and other customary closing. (CSG) for $1.91 Full story available on Benzinga.com

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Atlantica Announces the Acquisition of Two Wind Assets in the United Kingdom

Benzinga

The acquisition closed on March 22, 2024, and Atlantica's investment amount was approximately $66 million. The purchase price represents an Enterprise Value 1 /EBITDA 2 multiple of approximately 6.6 They have demonstrated a solid operating track record and currently do not have any project debt.

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Why Gaming Audio & Accessory Firm Turtle Beach Shares Are Rocketing Premarket Thursday

Benzinga

Acquisition : The company disclosed the execution of definitive deals to acquire PDP, a gaming accessories provider, at an enterprise value of $118 million. Turtle Beach expects combined company revenues of $390 million to $410 million in the first 12 months of ownership (second-quarter 2024 through first-quarter 2025).

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AppLovin Offers To Acquire Unity In $20B Deal: What Investors Should Know And 3 Stocks To Watch

Benzinga

Adjusted EBITDA of over $3 billion by the end of fiscal 2024. Synergies of $700 million in adjusted EBITDA in 2025 and a minimum of $500 million in 2024. Under the terms of the proposal, AppLovin would pay a mix of Class A and Class C common stock valuing Unity at an enterprise value of $20 billion, or $58.85

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Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform

Benzinga

07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. Additionally, we believe this acquisition could serve as a model to create value going forward." The transaction closed on February 2, 2024.

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