Corporate divestitures, January 2025
Completed sales and spin-offs of business units disclosed in SEC 8-K filings during January 2025. Every row links to its filing.
Every completed divestiture filed this month.
| Filed | Seller | Business sold | Buyer | Disclosed value | Seller sector | Filing |
|---|---|---|---|---|---|---|
| 2025-01-07 | Pursuit Attractions & Hospitality, Inc. (VVI) | GES businessWhat the filing says"On December 31, 2024 (the "Closing Date"), the Company completed the previously announced sale of its GES business ("GES") to TL Voltron Purchaser, LLC, a Delaware limited liability company ("Buyer"), pursuant to the Equity Purchase Agreement (the "Purchase Agreement"), dated as of October 20, 2024 (such transaction, the "Transaction")." | TL Voltron Purchaser, LLC | $535M | Business services | SEC 8-K |
| 2025-01-03 | NU SKIN ENTERPRISES, INC. (NUS) | Mavely LLCWhat the filing says"As part of the transaction, Rhyz sold its Mavely affiliate marketing technology platform to Later in exchange for approximately $250 million in the form of cash and a minority equity stake in the combined Later/Mavely business." | Clout.io Holdings, Inc. | $250M | Healthcare | SEC 8-K exhibit |
| 2025-01-21 | JELD-WEN Holding, Inc. (JELD) | JELD-WEN Towanda operationsWhat the filing says"On January 17, 2025, pursuant to an order issued by the United States District Court for the Eastern District of Virginia, Richmond Division, and the previously announced Asset Purchase Agreement (the " Purchase Agreement "), dated October 11, 2024 and effective December 13, 2024, by and between JELD-WEN, Inc. (" JW, Inc. "), a wholly-owned subsidiary of JELD-WEN Holding, Inc., a Delaware corporation (the " Company "), WG Towanda LLC, a wholly owned subsidiary of Woodgrain Inc. (" Purchaser "), and Woodgrain Inc., " | Woodgrain Inc. | $115M | Materials and chemicals | SEC 8-K |
| 2025-01-02 | Avamere Home Health Care, LLC | Signature Healthcare at Home Oregon operationsWhat the filing says"Pennant Completes Acquisition of Signature Healthcare at Home Assets EAGLE, Idaho, January 2, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home ("Signature")." | The Pennant Group, Inc. | $48.5M | Healthcare | SEC 8-K exhibitFiled by the buyer |
| 2025-01-03 | Bioventus Inc. (BVS) | Bioventus Advanced Rehabilitation businessWhat the filing says"Bioventus Inc. (Nasdaq: BVS) ("Bioventus" or the "Company"), a global leader in innovations for active healing, announced today that it has successfully completed the divestiture of its Advanced Rehabilitation business to Accelmed Partners ("Accelmed"), a private equity firm focused on acquiring and growing commercial-stage HealthTech companies." | Accelmed Partners | $25M | Healthcare | SEC 8-K exhibit |
| 2025-01-10 | American Well Corp (AMWL) | Aligned Telehealth telepsychiatry businessWhat the filing says"AMERICAN WELL CORPORATION UNAUDITED PRO FORMA FINANCIAL INFORMATION (In thousands, except share and per share amounts) On January 8, 2025, American Well Corporation ("Amwell" or the "Company") completed the sale of all property and assets of its wholly owned subsidiary, Aligned TeleHealth, LLC, for an upfront cash consideration of $20,714,459 and additional consideration equal to 0.4x Avel eCare, LLC (the "Buyer") and its affiliates' aggregate revenues arising from the provision of telepsychiatry services to hospit" | Avel eCare, LLC | $20.7M | Business services | SEC 8-K exhibit |
| 2025-01-03 | VERU INC. (VERU) | Veru FC2 female condom businessWhat the filing says"Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that it has sold its FC2 Female Condom® (Internal Condom) business to clients managed by Riva Ridge Capital Management LP, a New York City-based investment management firm as well as other co-investors, for $18 million, subject to adjustment as set forth in the purchase" | Clear Future, Inc. | $18M | Healthcare | SEC 8-K exhibit |
| 2025-01-23 | NovaBay Pharmaceuticals, Inc. (NBY) | Avenova eyecare businessWhat the filing says"On January 17, 2025, NovaBay Pharmaceuticals, Inc. (the "Company") completed the sale (the "Asset Sale Transaction") of its eyecare products sold under the Avenova brand and related assets (the "Avenova Assets") to PRN Physician Recommended Nutriceuticals, LLC ("PRN"), which constituted substantially all of the Company's revenue generating and operating assets." | PRN Physician Recommended Nutriceuticals, LLC | $11.5M | Healthcare | SEC 8-K |
| 2025-01-14 | Ultra Safe Nuclear Corporation | Ultra Safe Nuclear Corporation MMR and Pylon reactor businessesWhat the filing says"NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company") , a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has closed its previously announced acquisition of select nuclear energy technology assets, including the patented Micro Modular Reactor (MMR ® ) Energy System and Pylon Transportable Reactor Platform , from Ultra Safe Nuclear Corporation and certain of its subsidiaries (collectively, "USNC")." | Nano Nuclear Energy Inc. | $8.5M | Energy and utilities | SEC 8-K exhibitFiled by the buyer |
| 2025-01-17 | PMGC Holdings Inc. (ELAB) | Elevai Skincare skincare and haircare businessWhat the filing says"On January 16, 2025, PMGC Holdings Inc. (the "Company") and its wholly owned subsidiary, Elevai Skincare Inc. (the "Seller"), completed the previously announced disposition of substantially all of the assets (the "Disposed Assets") and assignment of certain of the liabilities (the "Assumed Liabilities") of the Seller, related to the Seller's skincare and haircare business (the "Disposition"), pursuant to an Asset Purchase Agreement dated as of December 31, 2024 (the "Purchase Agreement"), by and among the Company, " | Carmell Corporation | $1.4M | Healthcare | SEC 8-K |
| 2025-01-07 | LUDWIG ENTERPRISES, INC. (LUDG) | Exousia Ai, Inc.What the filing says"On January 1, 2025, the closing under the Exousia SPA was completed." | Marijuana, Inc. | $500K | Healthcare | SEC 8-K |
| 2025-01-13 | Fortune Valley Treasures, Inc. (FVTI) | DaXingHuaShang Investment Group LimitedWhat the filing says"On December 31, 2024, the closing under the DaXing Agreement was completed." | Lin Yumin | $250K | Consumer and retail | SEC 8-K |
| 2025-01-02 | NewtekOne, Inc. (NEWT) | Newtek Technology Solutions, Inc.What the filing says"On January 2, 2025 (the " Closing Date "), Intelligent Protection Management Corp. (f/k/a Paltalk, Inc.) (the " Company ") completed its previously announced acquisition of Newtek Technology Solutions, Inc., a New York corporation (" NTS "), pursuant to that certain Agreement and Plan of Merger (the " Acquisition Agreement "), by and among the Company, PALT Merger Sub 1, Inc., a New York corporation and a direct and wholly owned subsidiary of the Company (" First Merger Sub "), PALT Merger Sub 2, LLC, a Delaware li" | Paltalk, Inc. | Not disclosed | Financials | SEC 8-KFiled by the buyer |
| 2025-01-06 | Agrify Corp (AGFY) | Agrify cultivation businessWhat the filing says"Agrify Corporation (Nasdaq: AGFY) ("Agrify" or the "Company"), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the Company has signed an agreement for and closed the sale of its cultivation business to CP Acquisitions, LLC ("CP"), an entity affiliated with Raymond Chang, the Company's former Chairman and Chief Executive Officer (the "Transaction")." | CP Acquisitions, LLC | Not disclosed | Other | SEC 8-K exhibit |
| 2025-01-23 | ProPhase Labs, Inc. (PRPH) | Pharmaloz Manufacturing, Inc. and Pharmaloz Real Estate Holdings, Inc.What the filing says"The transaction closed concurrently with the execution of the Agreement on January 16, 2025." | JL Projects, Inc. | Not disclosed | Healthcare | SEC 8-K |
Added on 2026-10-11 from the 85 Item 2.01 filings of the month, each read and classified by hand. Values are as stated in the filing, before adjustments.
January 2025 by sector.
| Seller sector | Divestitures | With a disclosed value | Disclosed value |
|---|---|---|---|
| Healthcare | 8 | 7 | $355M |
| Business services | 2 | 2 | $556M |
| Materials and chemicals | 1 | 1 | $115M |
| Energy and utilities | 1 | 1 | $8.5M |
| Consumer and retail | 1 | 1 | $250K |
| Financials | 1 | 0 | $0 |
| Other | 1 | 0 | $0 |
What counts, and where it comes from.
A row is a completed sale or spin-off of a business unit (a business, segment, division or named subsidiary) reported in a Form 8-K filed with the SEC during the month (or, on a weekly page, the ISO week, Monday to Sunday): under Item 2.01, completion of acquisition or disposition of assets, or in a press release attached to the filing that says the sale has closed.
Sales of buildings, loan books or securities are left out, as is the sale of a whole company. Seller, buyer and value come from the filing, and each row keeps a sentence from it and a link to it. Where a filing does not name the buyer or the price, the table says so rather than filling the gap. The sector is the seller's SEC industry code, not the unit's; where the seller has none (a private or foreign parent, named in a filing made by the buyer), it is the sector of the business sold.
Weekly pages start in September 2026. The months from January 2025 to April 2026, and some deals in later months, were added in October 2026 from every Item 2.01 filing in that window, read and classified by hand rather than by the weekly search.
Source: SEC EDGAR full-text search and the filings themselves. Public filings only. None of these transactions is an FIH.com mandate, and nothing here is advice.
Planning a carve-out of your own?
The filings show what closed. The work that decides the price happens months earlier: the perimeter, the standalone numbers and the transition services.
Every mandate startswith one conversation.
Tell us what you are considering. A senior advisor from FIH will come back with a straight read on value, timing and who would actually buy it, before you commit to anything.
- Confidential. Nothing you share leaves the advisory team.
- Success-based. No retainer, no upfront fees, no obligation.
- A senior FIH advisor responds within one business day.