Tripadvisor Acquires Liberty TripAdvisor Holdings in $430M Merger

DMG Bancshares Inc. to Acquire Liberty Bancorp in All-Cash Merger

February 28, 2022

Financial Services

DMG Bancshares Inc. signed a definitive merger agreement to acquire Liberty Bancorp (Liberty Bank) in an all-cash transaction valued at approximately $31.2 million in base consideration. The deal includes potential additional cash consideration of up to approximately $2.9 million based on certain events and is expected to close in the summer of 2022, subject to approvals.

Travel + Leisure Co. Acquires Accor Vacation Club for $48.4 Million

January 31, 2024

Consumer Products

Travel + Leisure Co. agreed to acquire Accor’s vacation ownership business, Accor Vacation Club, in a $48.4 million deal. The agreement covers 24 resorts and nearly 30,000 members, with Travel + Leisure Co. expected to close in the first quarter of 2024 and immediately benefit earnings upon completion.

Merit Capital Partners and Six Pillars Partners Recapitalize The Liberty Group

July 16, 2021

Staffing & HR

Merit Capital Partners and Six Pillars Partners, in partnership with The Liberty Group founder Ken Bohan, have acquired The Liberty Group, a Houston-based specialty temporary staffing and executive search firm serving the U.S. multi-family real estate industry. Merit provided subordinated debt and equity for the recapitalization to support growth and expand Liberty's on-site staffing, executive search and onboarding capabilities; the company was represented by Capital Alliance.

U.S. News & World Report Acquires Culture Trip

February 27, 2024

Media & Entertainment

U.S. News & World Report has acquired TheCultureTrip.com from Culture Trip Travel UK Ltd., adding the travel website and its marketplace for small, insider-led group trips to U.S. News' travel franchise. The Culture Trip site — founded in London in 2011 with 75,000+ travel articles, millions of monthly users and a dedicated apps audience — will continue to operate under the Culture Trip brand; terms were not disclosed.

The Halifax Group Invests in The Liberty Group

June 23, 2022

Staffing & HR

The Halifax Group completed an investment in The Liberty Group, a Houston-based provider of specialty temporary staffing, executive search, and employee screening services serving the multifamily residential real estate industry. The company, founded in 1977 and operating in 30 markets across 23 states, was previously owned by Merit Capital Partners and Six Pillars Partners; terms were not disclosed.

Warburg Pincus and Berkshire Partners Acquire TRIUMPH for $3 Billion

February 3, 2025

Aerospace & Defense

Affiliates of private equity firms Warburg Pincus and Berkshire Partners agreed to acquire Triumph Group, Inc. in an all-cash transaction valuing the company at approximately $3.0 billion ($26.00 per share). The deal was announced in February 2025, will take TRIUMPH private upon closing (expected in H2 2025) and closed in July 2025, with Jorge L. Valladares III named CEO as the company transitions to private ownership to accelerate growth and expand capabilities in aerospace and defense.