Arcadia Biosciences Enters Definitive All-Stock Business Combination with Roosevelt Resources

Arcadia Acquires RPD Energy

February 10, 2025

Renewable Energy

Arcadia, the global utility data and energy solutions platform, has acquired RPD Energy (Renewable Power Direct) to expand its Enterprise Energy Procurement Advisory offerings. The acquisition brings RPD’s renewable procurement structuring, analytics, and 24/7 carbon-free energy capabilities into Arcadia’s platform; RPD EVP Rohit Marwaha will lead Arcadia’s onsite and offsite procurement advisory offerings.

California Resources Corporation Completes Combination with Aera Energy

July 1, 2024

Oil & Gas

California Resources Corporation (CRC) completed an all-stock combination with Aera Energy, LLC, creating a larger California-focused oil producer and carbon management platform. The transaction issued 21.3 million CRC shares to Aera's former equity owners (IKAV, CPPIB and Oaktree), produces pro forma net daily output of ~146 Mboe/d, and CRC expects $150 million in annual synergies within 15 months.

CI Financial Acquires The Roosevelt Investment Group

November 11, 2020

Financial Services

CI Financial Corp. agreed to acquire 100% of The Roosevelt Investment Group, a New York–based registered investment advisor with approximately US$2.7 billion in assets under management. The acquisition expands CI's U.S. wealth management platform and establishes a presence in the New York market, bringing CI's projected U.S. wealth assets to roughly US$16.5 billion.

Rio Tinto Acquires Arcadium Lithium

March 6, 2025

Energy

Rio Tinto will acquire Arcadium Lithium in an all-cash transaction valued at US$5.85 per share. The deal was completed on March 6, 2025, triggering a make-whole fundamental change for certain Arcadium-issued convertible senior notes due 2025.

Vista Equity Partners to Acquire ARCOS from The Riverside Company

March 17, 2021

Software

Vista Equity Partners has signed a definitive agreement to acquire ARCOS, a market leader in resource management SaaS used by utilities, airlines and other critical infrastructure operators, from The Riverside Company. The transaction is expected to close in the second quarter, after which Vista will take ownership of the Columbus, Ohio–based software platform that Riverside had expanded through add-ons such as SAMsix and RosterApps.

Ballard Power Systems Acquires Arcola Energy

November 11, 2021

Renewable Energy

Ballard Power Systems acquired 100% of UK-based Arcola Energy for total consideration of up to US$40 million (cash, earn-outs and shares). The deal brings Arcola’s ~90 systems-engineering staff into Ballard to strengthen vehicle powertrain and fuel cell systems integration capabilities and deepen Ballard’s presence in the UK for heavy-duty fuel cell mobility.