Merger Acquisition

MINEOLA – October 30, 2026 -- Texas Community Bancshares, Inc. (NASDAQ: TCBS) agreed to acquire The Banc of San Jacinto County Bancshares, Inc. (SJCB) in an all-cash deal worth $9.5 million, with closing expected in the first quarter of 2027.

SJCB shareholders split a $9.5 million cash pool

Under the merger agreement, SJCB shareholders will receive aggregate cash consideration of $9.5 million. Each outstanding share of SJCB common stock converts into a pro rata portion of that amount at closing. The deal includes SJCB's wholly owned subsidiary, The Bank of San Jacinto County, a Texas non-member bank.

BALTIMORE – October 30, 2026 -- Greg Abel, CEO and founder of Abel Communications, will serve as President of the newly formed Public Relations Society of America (PRSA) Maryland Chesapeake chapter, following the merger of the PRSA Maryland and Central Chesapeake chapters.

Members and boards of both chapters approved the merger, as did PRSA's national leadership. It takes effect immediately, with a strategic focus on the Greater Baltimore region.

Board draws on agencies, higher education, public media, philanthropy and advocacy groups

Abel will work alongside a board representing public relations agencies, higher education, public media, philanthropy, and advocacy organizations. The board aims to strengthen programming and create more opportunities for members to learn and build relationships.

Abel said the combined chapter is committed to delivering "high-quality and consistent programming" for its members.

DETROIT – October 29, 2026 -- Speyside Equity Advisers has completed its acquisition of The TAPCO Tube Company, a Midwest manufacturer of steel tubing and building products that operates under the Tapco Tube and Akron Building Products brands. The announcement did not include financial terms.

Speyside targets plant throughput and product mix at TAPCO

Nicholas Lardo, Managing Director at Speyside, said TAPCO offers a "meaningful opportunity to improve plant throughput." He also named an expansion of the value-added product mix and growth in the building products channel as priorities. Speyside plans to invest in the people and equipment needed to scale the business.

TAPCO President David Schrader described the deal as the start of a new chapter that builds on the company's legacy of several decades.

MILWAUKEE – October 29, 2026 -- A. O. Smith Corporation (NYSE: AOS) agreed to sell an 81% interest in its China business to alternative asset manager CPE, valuing the unit at approximately $400 million on a cash-free, debt-free basis. The company will keep a 19% stake and sign a long-term brand licensing agreement.

Licensing royalties lift total deal value above $500 million

The $400 million valuation excludes the royalty stream from the brand license. Including the net present value of licensing payments to A. O. Smith over a multi-decade period, total value is expected to exceed $500 million.

The structure also lets A. O. Smith repatriate roughly $80 million in cash now held in China.

Share repurchases take priority for after-tax proceeds

After closing, A. O. Smith intends to prioritize share buybacks as the use of after-tax proceeds and repatriated cash.

Columbus – October 28, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for approximately $1.45 billion in upfront cash, adding microgrid and behind-the-meter power capabilities for data centers constrained by grid access.

Earnout of up to $1.15 billion ties additional payout to 12- and 24-month EBITDA targets

The transaction carries contingent cash consideration of up to $1.15 billion, payable if UIG meets EBITDA targets over 12- and 24-month periods. Including the full earnout, total cash consideration could reach $2.6 billion.

The upfront price equals approximately 13x expected UIG 2027 EBITDA. Vertiv expects that multiple to fall significantly if the full earnout is paid. The company expects the deal to be accretive to adjusted earnings per share in the first year after completion.

New York – October 28, 2026 -- The Network for Teaching Entrepreneurship (NFTE) and BUILD.org plan to merge into a nonprofit serving more than 350,000 students annually, with a projected operating budget of about $18 million. The deal is pending regulatory approval.

BUILD will become the first organization in NFTE's planned "family of brands," a longer-term strategy to consolidate mission-aligned entrepreneurship education groups. The two nonprofits have a combined 67 years of operating history.

Combined organization targets an $18 million annual operating budget

The merged entity will pair NFTE's national and global reach, educator training and research capabilities with BUILD's relationship-centered, experiential learning model. Both organizations rely on project-based learning, and the merger plan calls for combining NFTE's entrepreneurial mindset curriculum with BUILD's Spark Skills.

New York – October 28, 2026 -- NFTE and BUILD, two U.S. youth entrepreneurship education nonprofits, are combining into a single organization that will reach more than 350,000 students a year, according to a letter from President and CEO Dr. J.D. LaRock to both communities.

Merged group will teach in schools, communities, out-of-school programs and online

The combined organization covers in-school, community, out-of-school and online delivery. LaRock cites educator training and research among its strongest capabilities, plus multi-year commitments to individual students rather than single-semester programs. The merger also joins New York and Silicon Valley under one purpose, a combination LaRock says exists nowhere else in the field.

HUNTERSVILLE – October 27, 2026 -- PlayPower and BCI Burke terminated their merger agreement, abandoning a deal announced on February 13, 2026, one week after the U.S. Federal Trade Commission and certain states sued to block it.

The FTC and the states filed the lawsuit on October 19, 2026. They sought a permanent injunction against the acquisition.

PlayPower says litigation costs outweigh the deal's value

PlayPower CEO Bryan Yeazel said the time and expense of protracted litigation are better spent on the two companies' separate businesses. He said PlayPower believes the combination would have protected American jobs and benefited families, workers and communities. He added that the company was confident it would have prevailed in court.

Washington – October 21, 2026 -- ServiceMaster Restoration Alliance of Tacoma, an Elite ServiceMaster franchise serving six counties across Western Washington, has acquired ServiceMaster Total Cleaning Service of Redmond, giving it a second Puget Sound location. Terms of the transaction were not disclosed.

Redmond operation becomes ServiceMaster Restore of Kirkland

The acquired business will operate as ServiceMaster Restore of Kirkland. It gives the Tacoma-based franchise a permanent Eastside base to serve residential and commercial customers across King County.

The site also serves as a forward position for service into Snohomish County and the north end of the Puget Sound corridor.

Oslo – October 19, 2026 -- Multiconsult ASA shareholders approved the company's merger with Rejlers AB (publ) at an extraordinary general meeting on 19 October 2026, clearing every item on the agenda as proposed.

Merger plan dated 7 September 2026 passes without amendment

The adopted resolution states that the merger plan dated 7 September 2026 is approved, with Multiconsult as the transferring company and Rejlers AB as the acquiring company.

Under that structure, Multiconsult (Oslo: MULTI) is the entity being absorbed, while Rejlers AB is the surviving acquirer.

Meeting records published on company website

Multiconsult said the minutes of the meeting, including the record of attending shareholders and the voting protocol, are attached to its disclosure and available on its website. The company issued the information under the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.