Innovation

Sonny’s Enterprises Buying WashMetrix To Advance Quivio Vision

By Amit Chowdhry ● Aug 23, 2025

Sonny’s Enterprises is the largest maker of conveyorized car wash equipment, parts, and services. It has acquired WashMetrix, a top platform for business insights and performance management. This deal will help make Sonny’s Quivio system grow faster and strengthen its role as a reliable partner in managing car wash businesses.

Vertiv: Great Lakes Data Racks & Cabinets Acquisition Completed

By Amit Chowdhry ● Aug 23, 2025

Vertiv Holdings, a company that provides critical digital infrastructure, has successfully completed its acquisition of Great Lakes Data Racks & Cabinets. Great Lakes is a top manufacturer of data rack enclosures and infrastructure solutions. This acquisition, valued at about $200 million, strengthens Vertiv's offerings for racks, cabinets, and integration solutions.

Accenture Buying Superdigital To Enhance Influencer Marketing

By Amit Chowdhry ● Aug 23, 2025

Accenture has acquired Superdigital, a social and influencer agency based in the U.S. Superdigital will join Accenture Song to improve social marketing services for clients. This includes audience strategy, community engagement, content creation, commerce, and measurement.

Lambda: $275 Million Syndicated Senior Secured Credit Facility Closed

By Amit Chowdhry ● Aug 23, 2025

Lambda, the Superintelligence Cloud, has secured a $275 million loan to support its business growth. J.P. Morgan led this loan, with other banks, including Citi, MUFG, and Crédit Agricole, also participating. This funding will enable Lambda to expand its AI data centers and GPU servers to meet the increasing demand from businesses and superintelligence clients.

Simplicity Buying Northeast Brokerage To Enhance Market Position

By Amit Chowdhry ● Aug 23, 2025

Simplicity Group Holdings, a leading player in the financial products distribution sector, has announced its acquisition of Northeast Brokerage, a brokerage general agency (BGA) located in New England. Northeast Brokerage is known for its specialized focus on point-of-sale solutions tailored for financial institutions, property and casualty (P&C) agencies, and various professional firms.

Incode Buying AuthenticID To Enhance Identity Fraud Platform

By Amit Chowdhry ● Aug 23, 2025

Incode Technologies, a leader in AI identity and trust technologies, has acquired AuthenticID. This acquisition aims to enhance Incode’s mission of ensuring digital trust as GenAI fraud increases and AI agents become more prevalent.

Curewell Capital: Inaugural Fund Closed At $535 Million

By Amit Chowdhry ● Aug 23, 2025

Curewell Capital, a private equity firm specializing in the enhancement and development of industry-leading middle-market healthcare companies, has proudly announced the successful closing of its inaugural fund, Curewell Capital I. This fund, which reached a hard cap of $535 million, achieved an impressive milestone by completing its fundraising in a single closing event, less than five months after its official launch.

KnowledgeLake: $65 Million Raised For AI-Based Workflow Automation

By Amit Chowdhry ● Aug 23, 2025

KnowledgeLake, a prominent leader in AI-based workflow automation, has successfully secured a substantial growth investment of $65 million from Edison Partners. This investment was supported by contributions from the company’s management team and existing shareholders, demonstrating strong internal backing for the company’s vision and growth strategy.

Highway: Growth Equity Investment Raised For Carrier Identity Solutions In Logistics

By Amit Chowdhry ● Aug 23, 2025

Highway is a leading technology platform for Carrier Identity solutions in logistics. The company recently received a growth investment led by FTV Capital, with additional support from Lead Edge Capital.

EliseAI: $250 Million Series E Raised To Automate Healthcare And Housing Systems

By Amit Chowdhry ● Aug 23, 2025

EliseAI, a company that automates healthcare and housing systems, has raised $250 million in its Series E funding round. This round was led by Andreessen Horowitz (a16z) and included new investor Bessemer Venture Partners, as well as current investors Sapphire Ventures and Navitas Capital.

MedMe Health: Growth Capital Raised From CIBC Innovation Banking

By Amit Chowdhry ● Aug 23, 2025

CIBC Innovation Banking has announced the provision of a growth-focused credit facility to MedMe Health, a company poised for significant expansion in the pharmacy care sector. This financing will be instrumental for MedMe as it seeks to broaden its product offerings and scale its operations throughout North America, positioning itself to meet the increasing demands of the healthcare market.

Arcade Acquires Upduo and Unveils ‘AI Sales Leader’ For Retail Performance Management

By Amit Chowdhry ● Aug 23, 2025

Mission Wealth Merging With Hamilton Walker Advisers

By Amit Chowdhry ● Aug 23, 2025

Hamilton Walker Advisers, a financial planning firm in San Francisco, has merged with Mission Wealth Management, LP. This merger, announced on the firm's website, is Mission Wealth’s third expansion in 2025 and strengthens its presence in the Bay Area. The two firms will collaborate to offer personalized financial advice, with a focus on long-term impact and education.

E Source Buying Opinion Dynamics For Enhancing Utility Program Evaluation And Advisory Services

By Amit Chowdhry ● Aug 23, 2025

E Source is a company that provides solutions for customers and the utility sector, which acquired Opinion Dynamics, a leading firm that evaluates programs and offers advice focused on customer needs and grid management.

Datacor Buying Manufacturing Intelligence Software Leader Informetric Systems

By Amit Chowdhry ● Aug 23, 2025

Datacor, a prominent leader in the development of software tailored for process manufacturing, chemical distribution, and engineering, has made a significant move by acquiring Informetric Systems.

truckstop.com Buying Denim For Transportation-Focused Financial Technology

By Amit Chowdhry ● Aug 23, 2025

truckstop.com has acquired Denim, a transportation-focused financial technology company specializing in factoring services that automate invoicing and streamline back-office processes.

Aalo Atomics: $100 Million Raised For Modular Nuclear Plants For AI Data Centers

By Amit Chowdhry ● Aug 23, 2025

Aalo Atomics has raised $100 million in Series B funding to develop modular nuclear plants that will power AI data centers. The funding round, led by Valor Equity Partners, included contributions from various investors, bringing Aalo's total funding to over $136 million.

Saab Buying Deform To Strengthen Supply Chain For Submarine Production

By Amit Chowdhry ● Aug 23, 2025

Saab and Deform AB, based in Degerfors, Sweden, are expanding their partnership following Saab’s acquisition of Deform. This strategic move aims to enhance the security of supply for the Swedish defense industry and reinforces the ongoing collaboration between the two companies.

Iantrek: $42 Million Series C Raised For Interventional Glaucoma Therapy

By Amit Chowdhry ● Aug 23, 2025

Iantrek, a leader in bio-interventional ophthalmic surgery (BIOS), has closed a $42 million Series C financing round. These funds will support the U.S. launch of AlloFlo Uveo, a novel surgical solution targeting the uveoscleral pathway, and will help expand the company’s product pipeline. The Series C was led by U.S. Venture Partners (USVP), with participation from aMoon Fund and existing investors, including Visionary Ventures and Sectoral Asset Management.

Blue Yonder Buys Optoro, Supercharging Returns Management

By Amit Chowdhry ● Aug 23, 2025

Blue Yonder, a leader in digital supply chain transformation, has announced the acquisition of Optoro, a technology provider specializing in returns management. This acquisition will enhance Blue Yonder's Returns Management capabilities and provide a more comprehensive solution.

Kraken Buying No-Code Trading Automation Company Capitalise.ai

By Amit Chowdhry ● Aug 23, 2025

Kraken, a leading cryptocurrency-focused technology platform, has announced its acquisition of the assets and technology of Capitalise.ai, a trailblazer in no-code, natural-language trading automation based in Israel.

Fifth Third Acquires DTS Connex To Enhance Cash Management Solutions

By Amit Chowdhry ● Aug 23, 2025

Fifth Third has acquired DTS Connex, a leading provider of cash management software for multi-location businesses, including retail, restaurants, and healthcare. This acquisition will strengthen Fifth Third’s Commercial Payments division by improving its cash logistics, infrastructure, and risk management capabilities. DTS Connex’s technology aims to help clients boost efficiency, transparency, and oversight in managing cash logistics.

Guess? Going Private In $1.4 Billion Deal

By Amit Chowdhry ● Aug 23, 2025

Guess? has entered into a definitive agreement with certain existing shareholders, known as the “Rolling Stockholders.” This group includes Maurice Marciano, Paul Marciano, Nicolai Marciano, and Carlos Alberini, along with their associated trusts and affiliates. The agreement establishes a partnership with Authentic Brands Group LLC, wherein Authentic will acquire 51% of nearly all of Guess?’s IP.

BTX Precision Expands Capabilities With Acquisition Of High Tech Solutions

By Amit Chowdhry ● Aug 23, 2025

L Squared Capital Partners announced that its portfolio company, BTX Precision, has acquired High Tech Solutions LLC (HTS), a Kansas City-based manufacturer specializing in aerospace components. This marks a significant milestone for BTX, being its 10th acquisition since the company's inception, and reinforcing its status as the leading provider of advanced build-to-print components in the nation.

TaxStatus: Eric Clarke And Ric Edelman Appointed To Board

By Amit Chowdhry ● Aug 23, 2025

TaxStatus, a leader in tax data intelligence solutions, recently announced the appointment of two talented figures to its Board of Directors: Eric Clarke and Ric Edelman. This strategic move reflects the company's commitment to enhancing its leadership with experienced professionals who have made notable contributions to the financial services sector.

DriveWealth: Naureen Hassan Named As Global CEO

By Amit Chowdhry ● Aug 23, 2025

DriveWealth, a leading financial technology platform offering Brokerage-as-a-Service, has appointed Naureen Hassan as its new Global CEO, succeeding Michael Blaugrund, who is moving to a new role at ICE (Intercontinental Exchange).

CSI To Buy Digital Banking Solutions Company Apiture

By Amit Chowdhry ● Aug 22, 2025

CSI, a top provider of financial software and technology, has agreed to buy Apiture, which offers digital banking solutions for U.S. financial institutions. CSI and Apiture will provide a range of scalable technologies for financial institutions, regardless of the core system they use. These technologies will enable institutions to personalize their customers’ digital experiences and provide proactive financial assistance, thereby strengthening their customer relationships.

Honeywell Buying Smart Energy Portfolio From SparkMeter

By Amit Chowdhry ● Aug 22, 2025

Honeywell is expanding its Smart Energy portfolio by acquiring three utility platforms from SparkMeter, a provider of grid management solutions for utilities. This acquisition includes important technology and assets from SparkMeter.

WIT Acquiring Tally Platform To Support Real-Time Engagement Capabilities

By Amit Chowdhry ● Aug 22, 2025

WIT, a recognized leader in digital gamification, has announced its acquisition of the Tally Platform, known for its pioneering real-time audience engagement solutions. This acquisition marks a significant step in strengthening WIT's position in the global market while also expanding its technological capabilities. By bringing Tally's innovative technology into its fold, WIT is set to enhance its ability to deliver impactful engagement solutions to a network of over 200 partners worldwide.

Grundfos Expands Water Solutions Portfolio With Newterra Acquisition

By Amit Chowdhry ● Aug 22, 2025

Danish company Grundfos, a leader in advanced water solutions, has acquired Newterra, a Pittsburgh-based company specializing in water and wastewater treatment solutions. This strategic move underscores Grundfos' commitment to enhancing its capabilities in water treatment while aiming to bolster its market presence in the US and Canada.