Pulse 2.0

Citi: $2.5 Billion Deal To Sell 24% Stake In Banamex To Institutional Investors Ahead Of IPO

Gilead Sciences To Acquire Arcellx In $7.8 Billion Deal To Strengthen Cell Therapy Portfolio

Simpson Thacher Hires David Nemecek As Partner To Lead New Capital Structure Solutions Practice

Latham & Watkins: Emily Johnson And Mark Stagliano Join New York Office To Expand Corporate And Capital Markets Capabilities

Dentons Paz Horowitz Promotes Verónica Chiriboga To Partner In IP Practice

Riyadh Valley Company & SparkLabs Launch $20 Million King Saud University Venture Fund

By Amit Chowdhry ● Today at 6:24 PM

SparkLabs Saudi Arabia has launched SparkLabs KSU Fund I, a $20 million venture capital fund focused on backing high-potential local and global founders building and scaling from Saudi Arabia. The fund received an anchor investment from Riyadh Valley Company (RVC), the investment arm of King Saud University.

Latham & Watkins: Robert Emerson Named As Partner To Boost New York Funds Practice

By Amit Chowdhry ● Today at 6:17 PM

Latham & Watkins has strengthened its private funds capabilities with a high-profile lateral hire in New York, snapping up a leading secondaries specialist from rival law firm Goodwin Procter.

Dentons: Middle East-Based Senior Banking Talent Appointments Strengthen Regional Financial Services Bench

By Amit Chowdhry ● Today at 6:16 PM

Dentons Middle East has expanded its Banking & Finance capabilities with the appointment and relocation of three experienced counsels across Muscat, Doha, and Dubai, responding to growing client demand for financial services expertise across the region.

Honeywell: £1.325 Billion Amended Deal To Acquire Catalyst Technologies Business

By Amit Chowdhry ● Today at 6:10 PM

Honeywell has entered into an amended agreement to acquire Johnson Matthey’s Catalyst Technologies business for £1.325 billion, reducing the total consideration from the previously announced £1.8 billion and extending the long stop date for the transaction.

Wireless Logic Acquires UK Connectivity Specialist Comms365

By Amit Chowdhry ● Today at 5:59 PM

Wireless Logic has acquired Comms365, a UK-based IoT connectivity specialist, in a move designed to expand its footprint in the country’s consolidating connectivity market and broaden access to advanced network solutions, including satellite services.

Orijin: Acquisition Of Honest Jobs

By Amit Chowdhry ● Today at 5:58 PM

Orijin, a national leader in correctional education and workforce development technology, announced it has acquired Honest Jobs, a national fair-chance employment platform that connects formerly incarcerated individuals with job opportunities and reentry resources.

TopBuild To Acquire Texas Roofing Company Johnson Roofing

By Amit Chowdhry ● Today at 4:17 PM

TopBuild, a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products in the United States and Canada, has entered into an agreement to acquire Johnson Roofing, one of the largest commercial roofing installation services companies in Texas, with approximately $29 million in annual revenue.

CECO Environmental: $2.2 Billion Strategic Combination With Industrial Process Heating Company Thermon Group

By Amit Chowdhry ● Today at 4:16 PM

CECO Environmental Corp. (Nasdaq: CECO), an environmentally focused diversified industrial company, has entered into a definitive agreement to combine with Thermon Group Holdings, a global provider of industrial process heating solutions, in a stock and cash transaction valued at approximately $2.2 billion.

Google Acquires Music Creation Company ProducerAI

By Amit Chowdhry ● Today at 4:14 PM

Google announced that ProducerAI, a generative AI music creation platform, is joining Google Labs. The move brings together teams that share a mission of helping artists at every level make the music they imagine.

ADT: $170 Million Acquisition Of Origin AI

By Amit Chowdhry ● Today at 4:10 PM

ADT announced it has acquired Origin AI for $170 million in cash, subject to customary purchase price adjustments, bringing the company’s AI sensing platform and related intellectual property into the ADT ecosystem. The deal is aimed at enhancing ADT’s smart home and security offerings with advanced ambient intelligence capabilities.

Techstars AI Health Baltimore: Expanded Anchor Collaboration Unites Region’s Largest Health Systems And Payer

By Amit Chowdhry ● Today at 4:10 PM

The Greater Baltimore Committee announced that the University of Maryland Medical System, the University of Maryland Baltimore and MedStar Health have joined CareFirst BlueCross BlueShield and Johns Hopkins as anchor collaborators for Techstars AI Health Baltimore, marking the first time the institutions have aligned within a single accelerator collaboration.

NOG: $464.5 Million Ohio Utica Acquisition Closed And $1.8 Billion Credit Facility Expansion Announced

By Amit Chowdhry ● Today at 3:43 PM

Northern Oil and Gas announced it has closed its previously disclosed joint acquisition of non-operated properties in the core of the Ohio Utica Shale and entered into an amendment to expand its reserves-based lending facility.

Accenture To Acquire Verum Partners, Expanding Capital Projects Capabilities In Latin America

By Amit Chowdhry ● Today at 3:31 PM

Accenture has agreed to acquire Verum Partners, an infrastructure and capital projects management firm with deep expertise across the mining, metals, transportation, logistics, chemicals, and energy industries. The move strengthens Accenture’s Infrastructure & Capital Projects practice in Latin America by combining its digital and advanced AI capabilities with Verum Partners’ on-site execution leadership.

ERT Acquires IT Modernization Firm Sev1Tech To Expand Space And Defense Mission Capabilities

By Amit Chowdhry ● Today at 3:30 PM

ERT, a Macquarie Capital–backed digital engineering and mission services company, announced it has acquired Sev1Tech, a digital modernization and IT transformation partner supporting complex space, defense and national security initiatives.

Kava Equity Partners Acquires Industrialized Construction Firm The Berg Group

By Amit Chowdhry ● Today at 3:29 PM

The Southern Ute Indian Tribe Growth Fund, the business arm of the Southern Ute Indian Tribe, announced the strategic acquisition of The Berg Group by Kava Equity Partners, its direct private equity investment group.

Kanbrick Announces Growth Partnership With Depatie Fluid Power Group

By Amit Chowdhry ● Today at 3:24 PM

Kanbrick, a long-term investment partnership focused on investing in and growing family-owned businesses, announced a minority partnership with Depatie Fluid Power Group, a manufacturer, distributor, and service provider of fluid power components and automation systems. The investment is designed to provide long-term strategic support as Depatie enters its next phase of growth.

Komar Industries Acquires Metro To Expand North American Platform

By Amit Chowdhry ● Today at 3:12 PM

Komar Industries, a designer and manufacturer of waste and recycling processing solutions, announced it has acquired Metro Compactor Service, BaleForce Recycling Equipment Inc., and Chute Source LLC, collectively referred to as Metro. The transaction unites the companies’ geographic footprints across the United States and Canada to create a cross-border provider of end-to-end waste and recycling solutions.

Ancient Financial To Acquire F&G Life Re Ltd.

By Amit Chowdhry ● Today at 3:10 PM

Ancient Financial, a newly formed financial services company, has launched as a strategic asset management and reinsurance holding company and announced a definitive agreement to acquire F&G Life Re Ltd. from a subsidiary of F&G Annuities & Life, Inc. F&G Life Re Ltd., a Bermuda-based provider of life and annuity reinsurance, will be renamed Ancient Re Ltd. following the close of the transaction. In partnership with Ancient Financial, F&G will enter into a forward-flow reinsurance agreement with Ancient Re.

Prep Network: Youth Sports Platform Acquires Coast 2 Coast Preps

By Amit Chowdhry ● Today at 2:29 PM

Prep Network, a youth sports platform focused on live events, subscription content, and collegiate athlete recruitment, has acquired Coast 2 Coast Preps, a national leader in middle school basketball events and coverage.

Experian Acquires Email Identity Company AtData

By Amit Chowdhry ● Today at 2:25 PM

Experian, the global data and technology company, announced it has acquired AtData, a data and intelligence company known for its email insights technology. The deal is designed to expand Experian’s identity and fraud prevention capabilities by incorporating verified, real-time email intelligence into its broader data and analytics ecosystem.

L Squared Capital Acquires Functional Devices To Expand Building Automation Platform

By Amit Chowdhry ● Today at 2:23 PM

L Squared Capital Partners announced it has acquired Functional Devices, a provider of field devices for building automation and emergency lighting systems, and is actively pursuing additional acquisitions in the peripheral components segment of the building automation and controls market.

Exa Capital Acquires ANZ Integration Platform Flow Software

By Amit Chowdhry ● Today at 2:20 PM

Exa Capital has acquired Flow Software, a systems and data integration solutions provider serving businesses across Australia and New Zealand.

Uber Acquires SpotHero To Add Parking Reservations

By Amit Chowdhry ● Today at 2:15 PM

Uber Technologies and SpotHero announced they have reached an agreement for Uber to acquire SpotHero, adding parking reservations to the Uber app as the ride-hailing and mobility platform expands its travel offerings.

TBD: $3 Million Raised To Launch Human Sentiment Prediction Market Protocol

By Amit Chowdhry ● Today at 1:56 PM

TBD, a prediction market protocol focused on measuring verified human sentiment, has raised $3 million in a seed round and launched publicly following a private beta. The round was led by CMT Digital and ParaFi, with participation from Jump Crypto.

Guidde: $50 Million Raised For AI Digital Adoption Platform To Train Employees And AI Agents

By Amit Chowdhry ● Today at 1:52 PM

Guidde, an AI digital adoption platform, announced it has raised $50 million in an oversubscribed Series B funding round led by PSG Equity, with participation from monday.com and existing investors Norwest, Entrée Capital, Qualcomm Ventures, and Inkberry Ventures. The new funding will support broader deployment of its platform, which is designed to train both human employees and AI agents on enterprise software.

Rowspace: $50 Million Raised To Turn Institutional Knowledge Into AI-Driven Edge For Finance

By Amit Chowdhry ● Today at 1:49 PM

Rowspace, an AI platform designed to help financial services firms operationalize proprietary data, launched today with $50 million in funding across a seed round and Series A. The Series A was co-led by Sequoia and Emergence Capital, with the seed round led by Sequoia. Additional participants across both rounds include Stripe, Conviction, Basis Set, Twine, and several angels from the finance industry.

RobosizeME: $2 Million Raised To Bring AI Workflow Automation To The Global Hotel Industry

By Amit Chowdhry ● Today at 1:42 PM

RobosizeME has raised $2 million in an oversubscribed seed round led by SeedTwo Capital, positioning the company to expand its AI-powered workflow automation platform across the global hospitality sector.

Copper Sky Capital Rebrands From AZ-VC To Expand North America Investment Mandate

By Amit Chowdhry ● Today at 1:41 PM

Arizona-based venture capital firm AZ-VC has rebranded as Copper Sky Capital as it broadens its platform to back early-stage technology companies across North America, with a sector-agnostic strategy and a focus on AI software products.

Quill: $6.5 Million Raised To Launch Sovereign Chief Of AI Staff Agent

By Amit Chowdhry ● Today at 1:35 PM

Quill Meetings announced $6.5 million in seed funding and the launch of Quilliam, a sovereign Chief of AI Staff agent designed to help modern professionals coordinate and manage their growing fleet of AI tools. The round was led by Basis Set Ventures, with participation from 500 Global, Naval Ravikant, Morado Ventures, and AME Cloud Ventures.

Elly: $8 Million Raised For AI-Native Hiring Platform

By Amit Chowdhry ● Today at 1:32 PM

Elly, the AI-powered hiring platform developed by Recruit Tech Labs, has launched publicly alongside an $8 million funding round led by Sorenson Capital, with participation from Atomic and Next Wave Capital. As part of the investment, Rob Rueckert, partner at Sorenson Capital’s venture and growth funds, has joined Elly’s board of directors.