ACTG - Mergers and acquisitions

Transaction Adds Leading Speciality Manufacturer of Essential Products Serving the Commercial Transportation, HVAC and Office Markets to Acacia's Growing Portfolio Expected to Deliver Significant Revenue and be Immediately Accretive to Free Cash Flow and Earnings Per Share with Further Value Creation Opportunities Deflecto Expected to Generate Approximately $128-$136 Million in Revenue in 2024 Acacia Research Corporation (NASDAQ:ACTG) ("Acacia" or the "Company"), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that is has acquired Deflecto Acquisition, Inc. ("Deflecto") for $103.7 million (the "Transaction"). Headquartered in I

Acacia Research Corporation (NASDAQ:ACTG) today announced an agreement related to its intellectual property business. Atlas Global Technologies LLC ("AGT"), a subsidiary of Acacia Research Group LLC (the patent licensing business of Acacia Research Corporation), entered into licensing and settlement agreements relating to its WiFi-6 patent portfolio during the fourth quarter of 2023, with aggregate payments under such agreements totaling more than $81 million. The details of such license and settlement agreements, including the parties and individual payment amounts, are confidential pursuant to those agreements. The amount received by AGT will be net of customary legal fees and other exp

Primary Cash Investment into Benchmark to Advance its Strategy of Acquiring North American Operated Oil and Gas Assets Acacia Research Corporation (NASDAQ:ACTG) ("Acacia" or the "Company") today announced that it has acquired a majority interest in Benchmark Energy II, LLC (collectively with its affiliates, "Benchmark"). Headquartered in Austin, TX, Benchmark is an independent oil and gas company engaged in the acquisition, production and development of oil and gas assets in mature resource plays in Texas and Oklahoma. Benchmark is run by an experienced management team led by Chief Executive Officer Kirk Goehring, who previously served as Chief Operating Officer of both Benchmark and Jone

IRVINE, Calif., July 13, 2022 (GLOBE NEWSWIRE) -- Printronix, the leading global manufacturer of ruggedized industrial printing solutions, today announced the launch in the Americas and later this year in EMEA of two Printronix Industrial grade laser printers. The LP654C is the world's smallest industrial grade Letter/A4 color printer ready to perform at high-speed, high-quality full color. The device prints 35 ppm and can manage media weight up to 256gsm, and up to 52"/1.32m in length. The LP654C's innovative Space Saving Technology includes full front access, allowing the printer to fit and operate in a very tight space, only requiring 1" space around the sides. The new tabloid/A3 colo

Sees Significant Value-Creation Opportunities Stemming from Profitable Printing Technology Business Acacia Research Corporation (NASDAQ:ACTG) ("Acacia" or the "Company") today announced that it has acquired Printronix Holding Corp. ("Printronix"). Printronix is a leading manufacturer and distributor of industrial impact printers, which are also known as line matrix printers, and related consumables and services. The business services a diverse group of customers that operate across healthcare, food and beverage, manufacturing and logistics, and other sectors. Acacia paid $33 million in cash for the business. The purchase price represents a multiple of approximately 3.6x the Adjusted EBITD