Danaos Corporation Acquires Remaining Interest in Gemini Shipholdings Corporation

Diana Shipping Raises Offer to Acquire Remaining Shares of Genco Shipping

March 9, 2026

Transportation

Diana Shipping increased its all-cash offer to acquire the remaining shares of Genco Shipping Trading Limited that it does not already own to $23.50 per share. The revised proposal is supported by fully committed financing totaling $1.433 billion, and a definitive agreement with Star Bulk Carriers to acquire 16 vessels from Genco for $470.5 million upon completion.

Concentra Biosciences (Tang Capital) to Acquire Theseus Pharmaceuticals

December 22, 2023

Biotechnology

Concentra Biosciences, a vehicle controlled by Tang Capital Partners, has entered into a definitive merger agreement to acquire clinical-stage biotech Theseus Pharmaceuticals for $3.90–$4.05 per share in cash plus a contingent value right tied to future program licensing/disposition proceeds. The transaction will be effected by a tender offer and is expected to close in February 2024, subject to customary conditions and the availability of required cash at closing.

Transom Capital Group Acquires SigmaTron International

July 28, 2025

Manufacturing

Transom Capital Group completed a take-private acquisition of SigmaTron International, purchasing outstanding shares for $3.02 per share and removing SigmaTron from Nasdaq. The acquisition positions Transom to drive operational improvements, accelerate strategic M&A and support SigmaTron's growth across its global electronic manufacturing services footprint.

Pangaea Logistics Solutions Purchases Remaining 50% of Nordic Bulk Partners

October 7, 2024

Transportation

Pangaea Logistics Solutions Ltd. entered into a definitive agreement to buy the remaining 50% equity ownership of its consolidated subsidiary, Nordic Bulk Partners LLC, from HS Nordic LLC for $17.2 million in cash. The deal will give Pangaea 100% ownership of Nordic Bulk Partners’ ice class dry bulk vessel fleet and is expected to close by November 1, 2024 subject to customary conditions.

Delta Data Acquires Phoenix Systems Inc.

March 12, 2024

Financial Services

Delta Data, a Terminus Capital Partners company, acquired Phoenix Systems Inc., a fintech provider of global mutual fund transfer agent, sub-accounting and trading software. The deal expands Delta Data’s product capabilities into fund trading and record-keeping and accelerates its international footprint across Europe, Australia, the Caribbean and Canada.

Hale Capital Partners Acquires Majority Stake in Athenium

November 6, 2024

Software

Hale Capital Partners, a New York-based growth private equity firm, led a cooperative recapitalization to acquire a majority stake in Athenium, a Dover, New Hampshire provider of risk and quality management software. The investment brings in Jim Greenwell as CEO and will support product development, AI/analytics capabilities and expansion into new verticals including insurance, financial services and government.