Mergers & Acquisitions

DLC Buys $429 Million Multistate Retail Portfolio In Partnership With DRA Advisors

By Amit Chowdhry ● Today at 3:13 PM

DLC, a private owner, operator, and third-party manager of open-air shopping centers, has acquired an eight-property retail portfolio spanning five states for $429 million through a joint venture with a fund managed by DRA Advisors. The off-market transaction covers approximately 2.12 million square feet of retail space. And it marks DLC’s first retail investments in both Phoenix, Arizona, and Oklahoma, while expanding its existing presence in Texas and Florida.

Pinterest To Buy tvScientific To Expand Performance Advertising Into Connected TV

By Amit Chowdhry ● Today at 3:11 PM

Pinterest announced that it has entered into a definitive agreement to acquire tvScientific, a connected TV performance advertising platform, marking a significant expansion of its performance advertising capabilities into the rapidly growing connected TV market.

TCS Acquires Coastal Cloud In $700 Million Deal

By Amit Chowdhry ● Today at 3:09 PM

Tata Consultancy Services has signed a definitive agreement to acquire Coastal Cloud, a leading U.S.-based Salesforce consulting firm, in an all-cash transaction valued at $700 million, significantly expanding its global Salesforce advisory and consulting capabilities and strengthening its AI-led transformation strategy.

Cision Acquires Trajaan To Expand AI-Based Search Intelligence Across Its Platforms

By Amit Chowdhry ● Today at 11:25 AM

Cision, a global provider of consumer and media intelligence solutions, has acquired Trajaan, an industry-leading search intelligence platform, to accelerate Cision’s artificial intelligence and data strategy. The acquisition deepens Cision’s ability to deliver predictive insights by combining search behavior, conversational intelligence, and generative AI analytics across its product ecosystem.

Prudent Growth Partners Acquires Baker Cypress Marketplace

By Amit Chowdhry ● Today at 11:16 AM

Prudent Growth Partners, a private equity real estate firm headquartered in Chapel Hill and Charlotte, North Carolina, has completed the $5.75 million acquisition of Baker Cypress Marketplace, a 47,364-square-foot retail shopping center located in Houston, Texas. The transaction further expands the firm’s Texas retail footprint. And it aligns with its strategy of acquiring well-located, community-serving retail assets that offer durable cash flow and long-term value creation.

Mercer Onboards $1 Billion Firm Glass Jacobson Wealth To Expand Mid-Atlantic Presence

By Amit Chowdhry ● Today at 10:55 AM

Mercer Advisors has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm overseeing approximately $1 billion in assets under management, strengthening its presence across the Mid-Atlantic region and expanding its footprint throughout the Baltimore and Washington, D.C. corridor.

DXP Enterprises Buys Pump Solutions To Deepen Presence In Water And Wastewater Market

By Amit Chowdhry ● Today at 10:45 AM

DXP Enterprises has completed the acquisition of Pump Solutions, a Texas-based distributor and service provider focused on the water and wastewater industry, further strengthening DXP’s national footprint in the sector and deepening its presence in its home market of Texas.

Detroit Manufacturing Systems Completes Acquisition Of Android Industries And Avancez

By Amit Chowdhry ● Today at 10:34 AM

Detroit Manufacturing Systems has completed its previously announced acquisition of Android Industries and Avancez, formally establishing a new global manufacturing and assembly company operating under the name Voltava. The newly formed entity is headquartered in Auburn Hills, Michigan, and is wholly owned by Bruce Smith, who will serve as Chairman and Chief Executive Officer.

Bluespring Wealth Partners Closed Nine Acquisitions In 2025, Adding Over $6 Billion in Client Assets

By Amit Chowdhry ● Yesterday at 2:54 PM

Bluespring Wealth Partners has capped a milestone year with the completion of nine acquisitions in 2025, bringing more than $6 billion in additional assets under management onto its platform and reinforcing its position as a leading acquirer in the hybrid registered investment advisor space.

Joy Parenting Club Acquires Heba Care To Expand AI-Based Parenting And Family Health Support

By Amit Chowdhry ● Yesterday at 10:59 AM

Joy Parenting Club has acquired Heba Care, a digital health platform focused on supporting families navigating complex health and developmental needs, in a move that significantly expands Joy’s ambition to build the most comprehensive AI-powered parenting ecosystem. The transaction brings clinically validated care-coordination tools into Joy’s platform while accelerating the company’s mission to provide always-on, trusted guidance to parents worldwide.

KVP International Buys SafePath-IVD To Expand Veterinary And Human Diagnostics Capabilities

By Amit Chowdhry ● Yesterday at 10:41 AM

KVP International has acquired SafePath Laboratories and IVD Research, collectively known as SafePath-IVD, strengthening its position in veterinary diagnostics while expanding capabilities across human health markets. Financial terms of the transaction were not disclosed.

IFP Onboards $700 Million CenterBridge Planning Team

By Amit Chowdhry ● Yesterday at 12:46 AM

Independent Financial Partners has brought on CenterBridge Planning Group, a five-advisor team overseeing more than $700 million in client assets, marking one of the firm’s most significant team additions to date.

Concurrent Adds 10 Advisors In Q4 As Firm Accelerates Toward $15 Billion In AUM

By Amit Chowdhry ● Yesterday at 12:42 AM

Concurrent Investment Advisors added ten advisors across the fourth quarter as the Tampa-based hybrid RIA continued a year of rapid expansion, bringing its total wealth and retirement assets to more than $30 billion. The growth reflects the firm’s ongoing momentum with its independent platform model as it moves toward surpassing $15 billion in assets under management.

Mars Finalizes Acquisition Of Kellanova

By Amit Chowdhry ● Yesterday at 12:25 AM

Mars, Incorporated has completed its acquisition of Kellanova, uniting two long-standing consumer goods companies and creating a broader global snacking powerhouse. The deal brings together Kellanova’s portfolio of billion-dollar snack brands, including Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, RXBAR, and Kellogg’s international cereal brands, with Mars’ existing lineup of major confectionery and snack products such as Snickers, M&M’s, Twix, Dove, Skittles, Extra, Kind, and Nature’s Bakery.