Innovation

Toptal: Acquisition Of Adeva Expands Global IT Talent And Consulting Capabilities

By Amit Chowdhry ● May 27, 2026

Toptal announced the acquisition of Adeva, a global IT talent network that connects enterprises and fast-growing companies with highly vetted developers, architects, and technology consultants for complex initiatives.

Arsenal Capital Partners: Majority Stake Acquired In Velcro Companies

By Amit Chowdhry ● May 27, 2026

Arsenal Capital Partners, a private equity firm focused on industrial growth and healthcare companies, announced it has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation. Following the completion of the transaction, Arsenal will become the majority owner of Velcro, while the Cripps Foundation will retain a significant minority stake. Financial terms of the deal were not disclosed. The transaction is expected to close in the fourth quarter of 2026, pending customary regulatory approvals.

eBase Solutions: Digital Enterprise Integration Company Acquired By Kleinschmidt

By Amit Chowdhry ● May 27, 2026

eBase Solutions announced it has been acquired by Kleinschmidt Inc., a provider of supply chain integration services. The acquisition combines Kleinschmidt’s business-to-business supply chain integration capabilities with eBase Solutions’ expertise in enterprise integration, workflow automation, IoT solutions, and advanced data analytics.

Paessler: Acquisition Of UVnetworks Expands Network Visibility And Incident Response Capabilities

By Amit Chowdhry ● May 27, 2026

Paessler, a provider of IT and OT monitoring software, announced the acquisition of UVnetworks, the company behind UVexplorer and UVexplorer Server. The deal expands Paessler’s reach to more than 30,000 customers and over 500,000 users worldwide.

Bascom Arizona Ventures: $45.5 Million Acquisition Of Tucson Multifamily Property Domain 3201

By Amit Chowdhry ● May 27, 2026

Bascom Arizona Ventures (BAZV), a subsidiary of private equity firm The Bascom Group, LLC, announced it has acquired Domain 3201, a 289-unit multifamily property in Tucson, Arizona, for $45.5 million, representing approximately $157,439 per unit.

Arthur J. Gallagher: Environmental Insurance Broker Twin Elms Acquired

By Amit Chowdhry ● May 27, 2026

Arthur J. Gallagher & Co. announced the acquisition of West Palm Beach, Florida-based Twin Elms, LLC, a retail insurance brokerage specializing in environmental insurance products and services for clients across the United States. Financial terms of the transaction were not disclosed.

PowerBridge Networks Acquires Select Enphase Energy Patents

By Amit Chowdhry ● May 27, 2026

PowerBridge Networks announced that it has acquired more than 50 patents and related patent applications from Enphase Energy covering innovations tied to distributed energy systems, inverter technology, power management, and grid-connected energy technologies.

BNB Plus: $4.1 Million Strategic Financing To Support Digital Asset And Biotech Review

By Amit Chowdhry ● May 27, 2026

BNB Plus Corp. announced that it secured initial commitments for $4.1 million in convertible preferred stock financing, with the company expecting total proceeds to reach approximately $5 million. The financing is intended to strengthen the company’s digital asset treasury and provide working capital to support a broad strategic review of its operations and assets.

AMETEK: First Aviation Services Acquisition Completed

By Amit Chowdhry ● May 27, 2026

AMETEK announced it has completed the acquisition of First Aviation Services, a provider of highly engineered defense and aviation maintenance, repair, and overhaul (MRO) services along with proprietary aerospace components.

ClearNote Health: $52 Million Series D Raised To Accelerate Early Cancer Detection Growth

By Amit Chowdhry ● May 27, 2026

ClearNote Health announced it has secured $52 million in Series D financing and appointed clinical oncology diagnostics veteran Kevin Keegan as president and chief operating officer. The company said the funding and leadership expansion will support its continued growth as demand increases for noninvasive early cancer detection tools.

Protuoso Biosciences: $9.5 Million Seed Raised For Multifunctional MUXBODY Biologics Platform

By Amit Chowdhry ● May 27, 2026

Protuoso Biosciences announced the close of an oversubscribed $9.5 million seed financing round to advance its AI-driven protein synthetic biology platform and multifunctional biologics pipeline targeting cardiometabolic, oncology, and autoimmune diseases.

Pace: $46 Million Series B Raised For AI Insurance Operations Platform

By Amit Chowdhry ● May 27, 2026

Pace, an AI operations partner for insurers, announced it has raised $46 million in Series B funding. The round was co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital.

CPRO: $326 Million SPAC Deal To Bring Physical AI Security Company Public Through Lakeshore Acquisition III Corp.

By Amit Chowdhry ● May 27, 2026

CPRO, a South Korea-based physical artificial intelligence security company, announced it has entered into a definitive business combination agreement with special purpose acquisition company Lakeshore Acquisition III Corp. in a deal that is expected to take the company public on a U.S. national securities exchange.

Terra Quantum: $3.5 Billion SPAC Deal Will Take Quantum Technology Company Public On Nasdaq

By Amit Chowdhry ● May 27, 2026

Terra Quantum announced a definitive business combination agreement with Axiom Intelligence Acquisition Corp 1 that will take the quantum technology company public at an implied equity valuation of approximately $3.5 billion.