Divestiture News

IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (the “Company” or “Xponential Fitness”), one of the leading global franchisors of boutique health and wellness brands, today announced that it has completed the divestiture of Lindora to Next Health Management Group, Inc. (“Next Health”). “The Lindora divestiture will allow Xponential to focus the Company’s time and capital on our core fitness modalities with the greatest impact to our profitability,” said Mike Nuzzo, CEO of...

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today it has completed the sale of common shares (“Common Shares”) of Orla Mining Ltd. (“Orla”). Newmont disposed of 43 million Common Shares through the facilities of the Toronto Stock Exchange at a price of US$10.14 (C$14.00) per Common Share, for aggregate gross proceeds of US$439 million (C$605 million). “Today’s announcement demonstrates Newmont’s ongoing commitmen...

TORONTO--(BUSINESS WIRE)--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip pooling, instant payouts, and Earned Wage Access (“EWA”) through its AnyDay™ platform, today announced the successful closing of its previously announced asset sale to Pateno Payments Inc. (“Pateno”), a subsidiary of Digital Commerce Group, for total consideration of USD $3,000,000. The transaction, first disclosed on April 29, 2025 (read here), closed on Septembe...

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it has entered into a definitive agreement to acquire Inigo Limited (“Inigo”), a highly profitable Lloyd’s specialty insurer, for $1.7 billion in a primarily all-cash transaction.1 The transaction will be funded from Radian’s available liquidity sources and excess capital from its subsidiaries. This strategic acquisition will mark an important step in Radian’s transformation from a leading U.S. mortgage insurer to a...

OMAHA, Neb.--(BUSINESS WIRE)--Nolan Capital, the family office of Peter Nolan based in Hermosa Beach, CA focused on investing in leading middle-market companies, is pleased to announce it has reached an agreement to sell its portfolio company Water Engineering to Kemira, a global leader in sustainable chemical solutions for water-intensive industries headquartered in Helsinki, Finland. The transaction is expected to close before the year-end 2025, following regulatory approvals and customary cl...

BOSTON--(BUSINESS WIRE)--Sverica Capital Management LP (“Sverica”) announced today the sale of its portfolio company RMS Healthcare Management (d.b.a “Med First” or the “Company”). During Med First’s partnership with Sverica, the Company grew from 13 to 27 clinics with 2 additional under letter of intent, while increasing profitability nearly four times and solidifying its market position as a leader within the North Carolina primary care market. Headquartered in Raleigh, NC and founded in 2007...

HARRISBURG, Pa.--(BUSINESS WIRE)--MITER Brands, a leading provider of high-quality windows and doors, has sold its NewSouth Window Solutions brand to Window Nation....

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corporation (“Fuerte”) for up to $150 million in total consideration. The transaction is expected to close in the fourth quarter of 2025, subject to certain conditions being satisfied.1 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $150 million, w...

MIAMI--(BUSINESS WIRE)--Funds managed by Trinity and funds managed by Certares announce the sale of EAST Miami to funds affiliated with Blackstone Real Estate....

NEW YORK--(BUSINESS WIRE)--Bluestone Equity Partners (“Bluestone”), a global private equity firm specializing in the Sports, Media & Entertainment industry, today announced the sale of its portfolio company VideoVerse to Minute Media, a leading global technology and sports content company. Bluestone will remain a strategic investor in the combined enterprise. The transaction marks a significant early exit for Bluestone, following its investment in December 2023, and includes VideoVerse’s fl...