Barings has named Brian Maute Head of U.S. Wealth, creating a new leadership position as the $502 billion alternative asset manager expands distribution across registered investment advisers, broker-dealers, private banks, family offices and other wealth platforms.
Mobile Communications America has acquired AVC Inc., doing business as Arkansas Valley Communications, expanding MCA's Arkansas service footprint from three locations to eight.
E Source has acquired Aneden Consulting, expanding its grid modernization, engineering, and interconnection capabilities as growing electricity demand increases pressure on power-grid connection queues.
Beehive Industries has received approval for a $4.23 million performance-based Job Growth Incentive Tax Credit from the Colorado Economic Development Commission to support a major expansion of its additively manufactured jet engine operations.
Secovia Capital has acquired Ferrovia, the railroad vegetation management business of Genesis Rail Company, a portfolio company of Auxo Investment Partners. Financial terms were not disclosed.
STIC Investments has agreed to acquire a controlling stake in Kidsnote, the childcare communication platform backed by Kakao, through a consortium with Kidsnote CEO and founder Choi Jang-wook and Seoul-based Xolon Invest, according to KED Global.
Tata Consultancy Services has agreed to acquire MHP, Porsche's management and IT consulting business, as the sports car manufacturer sharpens its focus on its core operations while establishing a broader strategic technology partnership with TCS.
Quintessent has raised $40 million in an oversubscribed Series A round while beginning customer sampling of its single-chip quantum dot-based DWDM comb laser for AI data center optical interconnects.
ePlus has acquired the assets of Daymark Solutions, expanding its cloud, cybersecurity and modern data center capabilities while increasing its presence across New England.
Standard Metrics has raised $20 million in Series B funding led by 8VC as the AI-driven portfolio management platform expands its technology for venture capital and private equity firms. Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten Ventures, Calm Ventures and Gaingels also participated.
Regent has agreed to acquire LG H&H's entire interest in The Avon Company, bringing Avon North America and Avon's international operations back under common ownership for the first time since 2016. The deal is expected to close September 1.
XPENG's robotics business has raised more than $900 million at a post-money valuation exceeding $6.3 billion, marking what the company says is the largest single-round private financing ever completed in China's embodied AI industry.
Barings has provided a $72.6 million loan to a joint venture between Cross Ocean Partners and Lincoln Property Company to finance the acquisition of 140 Kendrick Street in Needham, Massachusetts.
Shein is seeking to raise as much as $1.8 billion through its long-awaited Hong Kong initial public offering, valuing the fast-fashion company at as much as approximately $27 billion after years of efforts to reach the public markets, according to Bloomberg.
RPC has acquired the Peracidin product line from Angelini Pharma, expanding its portfolio of peroxyacetic and peracetic acid sterilants used across dialysis, water treatment and life science applications.
NexTech Solutions has acquired BOOMSLANG Aerospace, adding unmanned aerial systems and counter-UAS technology to its defense technology platform and marking its fifth acquisition since receiving a strategic investment from Clairvest in 2023.
nVent Electric has agreed to acquire Maverick Power for $1.75 billion upfront, with the transaction providing for up to another $550 million in cash based on performance metrics in 2027 and 2028, bringing potential total consideration to as much as $2.3 billion.
X-Caliber has closed an additional $131 million financing package for Phase II of Marcella Landing at Deer Valley East Village in Park City, Utah, bringing its total financing commitment to the luxury residential development to approximately $313.2 million.
RUM Group has entered into a six-year commercial agreement with an unaffiliated U.S.-based cloud customer covering approximately $13.7 billion of GPU services at the company's Maysville, Georgia data center site, which is currently under development.
Letara has raised approximately ¥2.6 billion, or about $16.3 million, in a Pre-Series A financing round to accelerate development and commercialization of its low-cost, mass-producible hybrid rocket engines for launch, on-orbit propulsion, defense, and security applications.
The Metals Royalty Company has secured a fully allocated $165 million financing package to fund its acquisition of an additional 1% royalty interest in the Mesabi Metallics iron ore project in Minnesota and repay existing indebtedness.
Aware develops biometric identity technology through the Awareness Platform, a modular orchestration engine designed to support authentication and identification across deployment environments while defending against spoofing, deepfakes, and injection attacks. Pulse 2.0 interviewed Aware President and CEO Ajay K. Amlani to learn more.
Agiloft has launched Agiloft for Salesforce on Salesforce AgentExchange, giving customers a code-free way to manage contract workflows directly within Salesforce while synchronizing data with Agiloft's contract lifecycle management platform.
Callosum has raised a $100 million seed round led by Atomico to build a global platform that orchestrates AI workloads across different models, chips and infrastructure based on requirements such as cost, speed and energy efficiency. Plural, DCVC and the UK Sovereign AI Fund participated significantly in the financing alongside additional investors and angel backers. The round also marks the first investment made by the UK Sovereign AI Fund.
Werewolf Therapeutics and Ambros Therapeutics have entered into a definitive all-stock merger agreement alongside an oversubscribed $150 million private placement that is expected to fund development of neridronate through pivotal Phase III results and a planned FDA submission.
BlackSun Private Equity has raised $1 billion for its inaugural investment vehicle, Mega Fund I, as the newly launched private equity firm targets a total of $7 billion to invest across sports, media, entertainment and technology, according to Bloomberg.
Ipsen has completed its acquisition of Kartos Therapeutics, adding the late-stage oncology drug navtemadlin to its pipeline as the company expands its presence in myelofibrosis.
Mitsubishi Electric has agreed to acquire PCI Energy Solutions for $1.4 billion, expanding the Japanese industrial technology company's presence in enterprise software used to manage increasingly complex electricity markets and power systems.
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