Innovation

AngioDynamics Names Eric Honroth As President And CEO

By Amit Chowdhry ● Oct 11, 2026

AngioDynamics appointed Eric Honroth as President and Chief Executive Officer and a member of its Board of Directors, effective November 2, 2026. Honroth will succeed Jim Clemmer, who is retiring after 10 years as President and CEO.

RB Global Promotes Steve Steinberg To CFO And Announces Executive Leadership Changes

By Amit Chowdhry ● Oct 11, 2026

RB Global promoted Steve Steinberg to Chief Financial Officer as part of a broader series of executive leadership and organizational changes designed to support the company's next phase of growth. The company also promoted Shiv Dutt to the newly created role of Chief Digital and Strategy Officer.

Parkland Health Names Travis Smith As Executive Vice President And CFO

By Amit Chowdhry ● Oct 11, 2026

Parkland Health appointed Travis L. Smith as Executive Vice President and Chief Financial Officer, adding a healthcare finance executive with more than two decades of experience to the Dallas health system. Smith joined Parkland in September and succeeds Richard Humphrey, who retired after nine years with the organization.

TKO Hotels Proposes $2 Billion Acquisition Of Service Properties Trust Hotel Portfolio

By Amit Chowdhry ● Oct 11, 2026

TKO LLC submitted a formal written offer to acquire the entire hospitality portfolio of Service Properties Trust for $2 billion in cash. The proposed transaction would give SVC immediate liquidity to reduce debt while allowing the company to focus on its net lease retail platform.

PepsiCo: Q3 Revenue Rises 5.6% To $25.3 Billion As Company Updates 2026 Outlook

By Amit Chowdhry ● Oct 11, 2026

PepsiCo reported third-quarter 2026 net revenue of $25.27 billion, an increase of 5.6% year-over-year, while organic revenue increased 3.1%. Operating profit increased 19% to $4.26 billion, and operating margin expanded to 16.9% from 14.9% a year earlier.

DIG Ventures Closes $120 Million Fund III

By Amit Chowdhry ● Oct 11, 2026

DIG Ventures closed its third fund with $120 million in commitments to continue backing early-stage enterprise infrastructure and artificial intelligence startups across Europe and Israel.

Diversis Capital Acquires Majority Stake In Tideworks Technology From Carrix

By Amit Chowdhry ● Oct 11, 2026

Diversis Capital acquired majority ownership of Tideworks Technology from Carrix, expanding the private equity firm's portfolio of vertical software businesses. Tideworks provides terminal operating system software and related technology for marine and intermodal rail terminal operations. The company serves more than 130 facilities globally.

Sofinnova Partners Closes €82 Million MD Start IV Fund

By Amit Chowdhry ● Oct 11, 2026

Sofinnova Partners closed its oversubscribed Sofinnova MD Start IV fund at €82 million to create and develop new medtech companies across Europe and the U.S. The fund extends Sofinnova's medtech company-creation strategy and is expected to launch six to eight new ventures over the next five years.

Copenhagen Infrastructure Partners Commits More Than €270 Million To Scottish Battery Storage Project

By Amit Chowdhry ● Oct 11, 2026

Copenhagen Infrastructure Partners committed more than €270 million to Kilmarnock South, a 350 MW / 1,400 MWh battery energy storage project in southern Scotland. The investment is being made through Copenhagen Infrastructure IV, the firm's fourth flagship fund.

LTC Properties Acquires Nearly $160 Million Of Senior Housing Assets

By Amit Chowdhry ● Oct 11, 2026

LTC Properties completed nearly $160 million of senior housing acquisitions as it continues expanding its Seniors Housing Operating Portfolio platform. The company added three SHOP communities through two transactions. LTC acquired one Florida community for $69 million that will be operated by Charter Senior Living.

Barnes Aerospace Acquires ATL Turbine Services

By Amit Chowdhry ● Oct 11, 2026

Barnes Aerospace acquired ATL Turbine Services, establishing the company's first dedicated aeroengine component repair and overhaul operation in Europe. ATL Turbine Services is based in Dundee, Scotland and specializes in the refurbishment and repair of hot-section gas turbine components.

University Of Houston Receives $1 Million Hamill Foundation Gift For Community Care Nursing

By Amit Chowdhry ● Oct 11, 2026

The University of Houston received a $1 million gift from The Hamill Foundation to establish an endowed professorship focused on community care nursing.

Alight Acquires Abett To Expand Benefits Data Intelligence Capabilities

By Amit Chowdhry ● Oct 11, 2026

Alight acquired Abett, a healthcare and benefits data technology company, to expand its benefits intelligence capabilities. Abett provides data infrastructure used by Fortune 500 employers and their benefits vendors.

Cambridge Financial Group Completes Acquisition Of First Seacoast Bancorp

By Amit Chowdhry ● Oct 11, 2026

Cambridge Financial Group completed its acquisition of First Seacoast Bancorp, expanding Cambridge Savings Bank into the Seacoast region of New Hampshire. Cambridge Financial Group is the mutual holding company of Cambridge Savings Bank. First Seacoast Bancorp was the holding company of First Seacoast Bank.

Antin Acquires Majority Stake In HP Helicopters

By Amit Chowdhry ● Oct 11, 2026

Antin Infrastructure Partners acquired a significant majority stake in High Performance Helicopters through its €1.2 billion NextGen Infrastructure Fund I. HP Helicopters is a specialty helicopter operator focused on utility infrastructure, construction, and aerial firefighting services.

Cisco Appoints Girish Rishi To Board Of Directors

By Amit Chowdhry ● Oct 11, 2026

Cisco appointed Girish Rishi to its Board of Directors. Rishi brings approximately three decades of technology leadership experience spanning data and artificial intelligence, product development, supply chain, hardware, software, systems, and mergers and acquisitions. He currently serves as Chairman and CEO of Cognite.

Akima Names Michael Teegardin Vice President Of Marketing And Communications

By Amit Chowdhry ● Oct 11, 2026

Akima appointed Michael Teegardin as Vice President of Marketing and Communications. In the role, Teegardin will lead Akima's brand, marketing, and communications strategy across the enterprise as the company continues expanding its work supporting federal government customers.

MintNeuro Raises $5 Million To Scale Neural Device Semiconductor Platform

By Amit Chowdhry ● Oct 11, 2026

MintNeuro raised $5 million to accelerate commercialization of its semiconductor platform for neural devices and brain-computer interfaces. Odyssey Ventures led the financing. 33East, JSK Investments, and Alumni Ventures participated alongside returning investor Empirical Ventures, Jumpspace Ventures, and other early investors.

Control AV Names Kevin Cartier COO And Opens Orlando Office

By Amit Chowdhry ● Oct 11, 2026

Control AV appointed Kevin Cartier as Chief Operating Officer and opened a new office in Orlando as part of the entertainment technology company's expansion strategy. Cartier brings more than 20 years of operations leadership and project delivery experience across the cruise and themed entertainment industries.

hexafarms Raises €4.8 Million To Expand AI-Powered Horticulture Platform

By Amit Chowdhry ● Oct 11, 2026

hexafarms raised €4.8 million in financing to advance its AI-powered operating system for commercial horticulture. Ananda Impact Ventures and Green Generation Fund led the round. Grey Silo Ventures and better ventures participated alongside existing backers Speedinvest, Mudcake, and Techstars.

Neudata Names Richard Barnett As Chief Product Officer

By Amit Chowdhry ● Oct 11, 2026

Neudata appointed Richard Barnett as Chief Product Officer as the alternative and market data intelligence company increases its focus on product innovation. Based in London, Barnett joins Neudata's leadership team and will oversee the company's product strategy, portfolio, and development roadmap.

Netsec Raises More Than $10 Million To Expand AI-Native Cybersecurity And IT Platform

By Amit Chowdhry ● Oct 11, 2026

Netsec raised more than $10 million in equity financing to expand its AI-native cybersecurity and IT operations platform. Partech led the round, with participation from Primo Capital and View Different. Netsec's investor base also includes Riccardo Zacconi, Kima Ventures, Ithaca Investments, Vento, Vito Lomele, Everywhere Ventures, and angel investors from the cybersecurity and technology sectors.

Shipt Names Raj Kapoor As CEO

By Amit Chowdhry ● Oct 11, 2026

Shipt named Raj Kapoor as its next CEO, bringing the company's former Chief Operating Officer back to lead the same-day delivery technology business. Kapoor previously served as Shipt's COO from 2022 through 2025.

iBase-t Names Andrew Varghese As CFO

By Amit Chowdhry ● Oct 11, 2026

iBase-t appointed Andrew Varghese as CFO as the company expands its AI-native digital manufacturing and sustainment software platform for aerospace and defense customers. Varghese joins iBase-t as the company increases investment in its platform, expands its artificial intelligence capabilities, and pursues additional growth across the aerospace and defense market.

Ultra Raises $62 Million, Including $50 Million Series A Led By Framework Ventures

By Amit Chowdhry ● Oct 11, 2026

Ultra raised $62 million in funding to expand deployment of its robotics platform, including a $50 million Series A led by Framework Ventures. The company said its focus is on solving what it views as one of the biggest bottlenecks in robotics: reliably deploying robots into real-world environments.

Sopris Capital Acquires Blackford Analysis From Bayer

By Amit Chowdhry ● Oct 11, 2026

Sopris Capital acquired Blackford Analysis from Bayer, expanding its healthcare technology portfolio with an AI orchestration platform for medical imaging. Sopris plans to combine Blackford with portfolio company Azra AI, with the integration expected to take place shortly after closing.

KONST Raises $30 Million Series B Led By ADATA Technology

By Amit Chowdhry ● Oct 11, 2026

KONST raised $30 million in Series B funding led by ADATA Technology to expand its AI data center footprint across Asia and accelerate its Token Factory strategy. Strategic investors include M Mobility, Pegatron Venture Capital, and several other corporate investors.

Innovation

AngioDynamics Names Eric Honroth As President And CEO

RB Global Promotes Steve Steinberg To CFO And Announces Executive Leadership Changes

Parkland Health Names Travis Smith As Executive Vice President And CFO

TKO Hotels Proposes $2 Billion Acquisition Of Service Properties Trust Hotel Portfolio

PepsiCo: Q3 Revenue Rises 5.6% To $25.3 Billion As Company Updates 2026 Outlook

DIG Ventures Closes $120 Million Fund III

Diversis Capital Acquires Majority Stake In Tideworks Technology From Carrix

Sofinnova Partners Closes €82 Million MD Start IV Fund

Copenhagen Infrastructure Partners Commits More Than €270 Million To Scottish Battery Storage Project

LTC Properties Acquires Nearly $160 Million Of Senior Housing Assets

Barnes Aerospace Acquires ATL Turbine Services

University Of Houston Receives $1 Million Hamill Foundation Gift For Community Care Nursing

Alight Acquires Abett To Expand Benefits Data Intelligence Capabilities

Cambridge Financial Group Completes Acquisition Of First Seacoast Bancorp

Antin Acquires Majority Stake In HP Helicopters

Cisco Appoints Girish Rishi To Board Of Directors

Akima Names Michael Teegardin Vice President Of Marketing And Communications

MintNeuro Raises $5 Million To Scale Neural Device Semiconductor Platform

Control AV Names Kevin Cartier COO And Opens Orlando Office

hexafarms Raises €4.8 Million To Expand AI-Powered Horticulture Platform

Neudata Names Richard Barnett As Chief Product Officer

Netsec Raises More Than $10 Million To Expand AI-Native Cybersecurity And IT Platform

Shipt Names Raj Kapoor As CEO

iBase-t Names Andrew Varghese As CFO

Ultra Raises $62 Million, Including $50 Million Series A Led By Framework Ventures

Sopris Capital Acquires Blackford Analysis From Bayer

KONST Raises $30 Million Series B Led By ADATA Technology

McGraw Hill Completes $1.33 Billion Debt Refinancing

Gray Media Closes $600 Million Term Loan And Extends $680 Million Revolver

Griffis Residential Raises $207 Million In First Close Of Fund VII