Pulse 2.0

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

Aon Acquiring USI Insurance Services For $17 Billion

State Street Investment Management Launches UCBG ETF With Record $2.5 Billion UC Investments Anchor

DLA Piper Names Maura Dineen Country Managing Partner For Ireland

White & Case Adds Nick Rainsford As M&A Partner In London

Cresco Labs Acquires Nine Pennsylvania Dispensaries For $50 Million

By Amit Chowdhry ● Today at 5:04 PM

Cresco Labs has completed the acquisition of 100% of the outstanding equity interests in PharmaCann Penn for $50 million, adding nine operational medical marijuana dispensaries in Pennsylvania.

Vertiv To Acquire UtilityInnovation Group For $1.45 Billion Plus Up To $1.15 Billion Earnout

By Amit Chowdhry ● Today at 5:01 PM

Vertiv has agreed to acquire UtilityInnovation Group for approximately $1.45 billion in cash at closing, with the potential for an additional $1.15 billion in cash if the business achieves specified EBITDA targets during 12- and 24-month periods after the transaction.

Lottomatica And CIRSA Agree All-Share Merger To Create €2 Billion EBITDA Gaming Group

By Amit Chowdhry ● Today at 5:01 PM

Lottomatica and Blackstone-backed CIRSA have agreed to an all-share combination that would create the world's second-largest listed gaming and sports betting operator, with approximately €2 billion in pro forma Adjusted EBITDA.

Everus Construction Group Completes $295 Million Acquisition Of Epsilon Industries

By Amit Chowdhry ● Today at 4:59 PM

Everus Construction Group has acquired Epsilon Industries for $295 million in cash. This strategic move will enhance Everus's capabilities in off-site modular construction, targeting high-demand sectors such as data centers, advanced manufacturing, and healthcare services.

Ryman Hospitality Properties Completes $1.38 Billion Acquisition Of Grande Lakes Orlando Resort

By Amit Chowdhry ● Today at 4:57 PM

Ryman Hospitality Properties has completed its acquisition of Grande Lakes Orlando Resort for approximately $1.38 billion, adding one of the largest resort properties in the Orlando market to its hospitality portfolio.

Adobe Acquires Indian AI Marketing Intelligence Startup Rilo

By Amit Chowdhry ● Today at 4:56 PM

Adobe has acquired Rilo, an India-based AI marketing intelligence startup, through a transaction involving the acquisition of the company's team and licensing of its technology, according to TechCrunch. The deal gives Adobe a six-person team and technology focused on automating marketing workflows as enterprises increasingly use AI to create, deploy and track campaigns and automate other go-to-market tasks.

DLA Piper Names Craig Silverwood Head Of Transfer Pricing For Asia Pacific

By Amit Chowdhry ● Today at 4:54 PM

DLA Piper has appointed Craig Silverwood as Head of Transfer Pricing for the Asia Pacific region, strengthening the firm's tax capabilities across Australia and the broader region.

White & Case Adds Parthiv Rishi As M&A Partner In Singapore

By Amit Chowdhry ● Today at 4:53 PM

White & Case has added Parthiv Rishi as a partner in Singapore, expanding the firm's Global Mergers & Acquisitions Practice and its private capital capabilities across Asia Pacific.

Hogan Lovells Cadwalader Adds Adil Hussain To Expand Middle East Finance Practice

By Amit Chowdhry ● Today at 4:53 PM

Hogan Lovells Cadwalader has added Adil Hussain to its Banking & Loan Finance practice in Dubai, expanding the firm's finance capabilities across the Middle East.

LivePerson Stockholders Approve Acquisition By SoundHound AI

By Amit Chowdhry ● Today at 4:52 PM

LivePerson stockholders have approved the company's proposed acquisition by SoundHound AI, moving the conversational AI combination closer to completion.

HiddenLayer Raises $100 Million Series B Led By Delta-v Capital

By Amit Chowdhry ● Today at 4:51 PM

HiddenLayer has raised $100 million in Series B funding led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, M12, Microsoft's Venture Fund, and Booz Allen Ventures.

Playfly Sports Secures $250 Million Senior Credit Facility From Bain Capital Credit

By Amit Chowdhry ● Today at 4:48 PM

Playfly Sports has secured a $250 million senior credit facility from Bain Capital Credit, providing additional capital to support the sports revenue platform's continued growth.

Medici Brands Raises $250 Million Series B Led By Greenoaks And Valor Equity Partners

By Amit Chowdhry ● Today at 4:47 PM

Medici Brands has raised $250 million in Series B funding co-led by Greenoaks and Valor Equity Partners, with participation from CEO Peter Rahal, ICONIQ and Imaginary Ventures.

HyImpulse Raises More Than €50 Million In Financing Co-Led By OMVP

By Amit Chowdhry ● Today at 4:46 PM

HyImpulse Technologies, a pioneering player in the space technology sector, has secured more than €50 million in financing. OMVP co-led the round and is the sole U.S. investor in the initiative.

COFE Tech Secures Pre-IPO Investment At $178 Million Valuation

By Amit Chowdhry ● Today at 4:44 PM

COFE Tech has closed a pre-IPO funding round at a $178 million valuation, positioning the Gulf-based enterprise AI company for a targeted listing on the Saudi Exchange by 2029. The round was co-led by Wa'ed Ventures, the venture capital arm of Aramco, and Aditum Investment Management, alongside Masarrah Investment Company and Alyasra Foods.

White & Case Adds Noah Carr And Gordon Palmquist As M&A Partners In Tokyo

By Amit Chowdhry ● Today at 4:43 PM

White & Case has added Noah Carr and Gordon Palmquist as partners in Tokyo, further expanding its Global Mergers & Acquisitions Practice and cross-border private capital capabilities in Japan.

TabaPay Raises $155 Million Led By FTV Capital And Plans Acquisition Of Transact Bank

By Amit Chowdhry ● Today at 4:41 PM

TabaPay has raised $155 million in strategic growth financing led by FTV Capital and announced plans to acquire Transact Bank, an OCC-chartered and FDIC-insured bank based in Denver.

Typewriter Therapeutics Raises $56 Million Series A To Develop In Vivo CAR T Medicines

By Amit Chowdhry ● Today at 4:41 PM

Typewriter Therapeutics has emerged from stealth with $56 million in Series A funding co-led by AN Venture Partners and RA Capital Management, with participation from ANRI, Gemseki and SBI US Gateway Fund.

CPP Investments And Equinix Complete $4 Billion Acquisition Of atNorth

By Amit Chowdhry ● Today at 4:40 PM

CPP Investments and Equinix have completed their $4 billion acquisition of atNorth, a Nordic high-density colocation and built-to-suit data center operator.

MongoDB Reports Q2 Fiscal 2027 Revenue Of $771.8 Million, Up 30%, And Raises Full-Year Guidance

By Amit Chowdhry ● Today at 3:23 PM

MongoDB reported second-quarter fiscal 2027 revenue of $771.8 million, increasing 30% year over year, marking the company's highest revenue growth rate in several years.

Credo Reports Q1 Fiscal 2027 Revenue Of $479 Million, Up 115% Year Over Year

By Amit Chowdhry ● Today at 3:21 PM

Credo Technology Group Holding reported first-quarter fiscal 2027 revenue of $479 million, representing growth of 9.6% sequentially and 114.7% year over year, as demand for the company's high-speed connectivity solutions continued to benefit from expanding AI infrastructure.

Thyme Care Raises Over $125 Million Series E At More Than $2 Billion Valuation And Launches Thyme Companies

By Amit Chowdhry ● Today at 2:46 PM

Thyme Care has raised more than $125 million in Series E funding at a valuation exceeding $2 billion, while establishing a new parent entity called Thyme Companies to build additional businesses addressing challenges across the oncology ecosystem.

Prospera Financial Services Brings In Patrick Sweeney And John Palmer, Adding $75 Million In AUM

By Amit Chowdhry ● Today at 2:41 PM

Prospera Financial Services has added Patrick Sweeney of Pennsylvania and John Palmer of New York to its national independent advisor platform. The two advisors are expected to bring a combined $75 million in assets under management to the firm.

Prevalent AI Appoints Nitin Maini As CTO To Expand AI-Powered Data Fabric

By Amit Chowdhry ● Today at 2:35 PM

Prevalent AI has appointed Nitin Maini as Chief Technology Officer, bringing in an enterprise software and cybersecurity executive to lead the company's technology strategy as it expands the use of its AI-powered Data Fabric and Knowledge Graph.

Konko AI Raises $6 Million Led By Hi Ventures To Scale AI Platform For Healthcare Providers

By Amit Chowdhry ● Today at 2:25 PM

Konko AI has raised $6 million in funding led by Hi Ventures, with participation from LifeX Ventures, SquareOne Capital, GroundUp Ventures, Phoenix Fund and angel investors from Harvard, MIT, Google and Tesla.

Mayer Brown Adds Michelle Herman As Structured Finance Partner In New York

By Amit Chowdhry ● Today at 2:20 PM

Mayer Brown has added Michelle Herman as a partner in its Global Trade Finance practice in New York, expanding the firm’s structured finance capabilities.

Troutman Pepper Locke Adds Lauren Emery As Labor And Employment Partner In Chicago

By Amit Chowdhry ● Today at 2:13 PM

Troutman Pepper Locke has added Lauren Emery as a partner in its Labor and Employment Practice Group in Chicago, strengthening the firm’s management-side labor capabilities and its presence in the market.

Lyte Raises $165 Million Series C At $1.6 Billion Valuation For Physical AI Perception Platform

By Amit Chowdhry ● Today at 2:11 PM

Lyte has raised $165 million in Series C funding led by Maverick Silicon, valuing the physical AI perception company at $1.6 billion post-money. The round also included Fidelity Management & Research Company, which led Lyte’s Series B, along with Atreides Management, Key1 Capital, Ora Global, formerly Exor Ventures, and additional existing and new investors.

Osaic Onboards $450 Million Firm Midwest Financial Group

By Amit Chowdhry ● Today at 2:08 PM

Osaic has added Midwest Financial Group, a Madison, Wisconsin-based wealth management team overseeing $450 million in assets under advisement, to its advisor network.

Catch Raises $5 Million Seed Round To Launch Agentic Admin Assistant For Business Leaders

By Amit Chowdhry ● Today at 2:04 PM

Catch, an agentic administrative assistant designed for business leaders, has emerged from stealth with $5 million in seed funding co-led by Entrée Capital and Pitango, with participation from Seedcamp and Factorial Capital.