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Vireo Growth Inc. Announces Closing of Deep Roots Harvest Acquisition in Nevada

Benzinga

Deep Roots was founded in 2023 and is a consistently solid operator in Nevada's mature cannabis market, with a 54,000 square foot cultivation and manufacturing facility and ten active retail dispensaries. The purchase price of the Deep Roots transaction represents a multiple of 4.175x 2024 "Closing EBITDA" of $30 million.

EBITDA 40
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Sports Betting: FanDuel Parent Wields M&A To Expand

Global Finance

Snaitech generated $285 million of adjusted EBITDA in 2023 and NSX is expected to report $34 million of adjusted EBITDA for 2024, according to New York-based investment bank Needham & Company. This isn’t the first time Flutter has turned to mergers and acquisitions to push further into international markets.

EBITDA 75
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Vireo Growth Inc. Announces Closing of Proper Brands Acquisition in Missouri

Benzinga

Proper was founded in 2022 and is currently one of the largest independent operators in Missouri's adult-use, recreational cannabis market. The purchase price of the Proper transaction represents a multiple of 4.175x 2024 "Closing EBITDA" of $31 million. and Proper Holdings Management, Inc., All stores are in the St.

EBITDA 40
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Air France-KLM initiates proceedings to take a majority stake in SAS

Benzinga

It would allow Air France-KLM and SAS to fully unlock their synergy potential, confirm the Group's expansion in the Scandinavian market, and create additional potential for value delivery to shareholders. Air France-KLM today announced that it will initiate proceedings to take a majority stake in SAS.

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Noninvasive Treatment Provider Neuronetics Agrees To Merge With Canadian Firm Greenbrook TMS; Reports Q2 Earnings And Guidance Below Expectations

Benzinga

Additionally, the combined company expects mid-teens year-over-year revenue growth in fiscal years 2025 and 2026. Through optimizing marketing spend and back office functions, the combined company expects to realize at least $15 million of annualized cost savings, most of which will be realized in fiscal year 2025.

EBITDA 52
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Altus Group Announces Agreement to Sell Property Tax Business to Ryan, LLC

Benzinga

In addition to the definitive agreement, Ryan has also committed to enter a C$15 million Altus Market Insights subscription agreement at the close of the transaction, with an initial three-year term of C$5 million per year. 2023 Adjusted EBITDA multiple for the business segment and over 16x 2023 Free Cash Flow* (over 14x net proceeds).

EBITDA 45
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Anheuser-Busch InBev: Uncorking the success of the brewery giant despite problems with FIFA World Cup 2022 sponsorship deal

Valutico

Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona. The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. in non-beer products.