Mergers & Acquisitions

Waystar To Buy Iodine Software In $1.25 Billion Deal

By Amit Chowdhry ● Today at 11:34 PM

Waystar, a provider of healthcare payment software, has announced a definitive agreement to acquire Iodine Software from shareholders led by Advent International for a total enterprise value of $1.25 billion.

Steward Partners Brings In $502 Million Advisor Mike Wood

By Amit Chowdhry ● Today at 5:48 PM

Steward Partners, an employee-owned independent financial services firm, welcomes financial advisor Mike Wood, who joins with $502 million in client assets at the Norfolk, VA, branch.

Datasite Buys Agentic AI Company Blueflame

By Amit Chowdhry ● Today at 12:06 PM

Datasite, a global SaaS provider of AI-powered workflow solutions for M&A, announced it acquired Blueflame AI, a provider of agentic AI solutions for investment and finance. The terms were undisclosed.

EP Wealth Brings In $1.2 Billion Team Rappaport Reiches

By Amit Chowdhry ● Today at 12:04 PM

EP Wealth Advisors, a fee-only RIA, announced a partnership with Chicago-based Rappaport Reiches Capital Management (RRCM), adding over $1.2 billion in assets to its Chicago operations.

Bluespring Wealth Partners Onboards $364 Million Firm Halcyon

By Amit Chowdhry ● Today at 12:02 PM

Bluespring Wealth Partners has acquired Halcyon Wealth Advisors, which manages $364 million and is affiliated with Kestra Financial.

Carlyle Acquires IT Consulting Company Adastra

By Amit Chowdhry ● Today at 12:00 PM

Adastra Group, a global IT consultancy specializing in AI, data, and cloud services, announced Carlyle will acquire a majority stake, pending regulatory approvals.

Mercantile Bank And Eastern Michigan Financial Announce Merger Agreement

By Amit Chowdhry ● Today at 7:23 AM

Mercantile Bank and Eastern Michigan Financial Corporation (EFIN) announced a merger valued at approximately $95.8 million, combining EFIN and its subsidiary, Eastern Michigan Bank, with Mercantile Bank. The merged entity, as of June 30, 2025, will have $6.7 billion in assets, $4.9 billion in loans, and $5.2 billion in deposits.

Echelon Fitness Buying B2B Fitness Streaming Company FORTË

By Amit Chowdhry ● Yesterday at 7:57 PM

Echelon Fitness has acquired FORTË, a B2B fitness streaming platform, rebranding it as "ELEVATE by Echelon." This enhances Echelon's ability to deliver personalized fitness content at scale and expand into SaaS and commercial markets globally.

Launch Potato: Acquisition Of Only In Your State

By Amit Chowdhry ● Yesterday at 7:54 PM

Launch Potato has acquired Only In Your State, a leading source for hyperlocal travel stories and community-driven content. Celebrating its tenth year, the page began in 2015 as an Ohio travel social media platform, now reaching over 4 million monthly readers.

White Label Communications Acquires Optichannel AI-Based Contact Center Communications Company Grupo NGN

By Amit Chowdhry ● Yesterday at 7:51 PM

White Label Communications (WLC), a leader in white-label UCaaS, CPaaS, and CCaaS, acquired Grupo NGN, a provider of AI-based contact center solutions. This boosts WLC's private-label voice offerings and enhances CCaaS capabilities, fueling growth.

Virtusa: Strategic Acquisition Of Sincera

By Amit Chowdhry ● Yesterday at 7:50 PM

Virtusa acquired Sincera Technologies, a telecom-focused digital transformation firm, to strengthen its position. Sincera's expertise in automation, network optimization, data engineering, 5G, OSS/BSS, and blue planet complements Virtusa's offerings, improving solutions for telecom and media clients.

Sanofi Buying Vaccine Biotech Company Vicebio For Up To $1.6 Billion

By Amit Chowdhry ● Yesterday at 7:45 PM

Vicebio, a biopharmaceutical firm developing vaccines against respiratory viruses, announced it will be acquired by Sanofi in a deal where shareholders could receive up to $1.6 billion, including a $1.15 billion upfront and $450 million in milestone payments.

HPI: Acquisition Of MedCost

By Amit Chowdhry ● Yesterday at 7:31 PM

HPI, a leader in self-funded health plans, acquired MedCost, a North Carolina-based TPA and PPO network, expanding its reach, network options, and healthcare solutions for Southeast employers.

Corpay Buying Alpha Group In $2.2 Billion Deal

By Amit Chowdhry ● Yesterday at 7:24 PM

Corpay announced that it has reached an agreement for a cash acquisition of Alpha Group, valuing Alpha at approximately $2.2 billion. Alpha provides B2B cross-border FX solutions and holds around $3 billion in deposits across 7,000 accounts.

KX Acquired By TA Associates In £570 Million Deal

By Amit Chowdhry ● Yesterday at 7:20 PM

KX, a leader in real-time, AI-driven analytics, is now majority-owned by TA Associates, which acquired FD Technologies, its parent company.

Osaic: Majority Stake Acquired In $700 Million Team Innovative Wealth

By Amit Chowdhry ● Yesterday at 7:15 PM

Osaic, a major wealth management firm, acquired a majority stake in Innovative Wealth Team, which manages about $700 million.

Accenture To Buy Maryville Consulting Group To Advance Product Operations

By Amit Chowdhry ● Yesterday at 7:14 PM

Accenture will acquire Maryville Consulting Group, a US-based tech consultancy specializing in growth strategy, digital operations, and TBM.

Marex Group To Buy Winterflood Securities In £103.9 Million Deal

By Amit Chowdhry ● Yesterday at 6:55 PM

Marex Group plans to acquire Winterflood Securities from Close Brothers for about £103.9 million. Winterflood, a leading UK equity market maker with a market share of approximately 15%, serves over 400 institutional clients and enhances client connections through its platform.

Legacy Brands Buying BRIX Holdings

By Amit Chowdhry ● Yesterday at 12:16 AM

BRIX Holdings, a Dallas-based multi-brand franchising company specializing in food service chains, has been acquired by Legacy Brands International, managed by Amol Kohli, a multi-unit franchisee of Friendly's Restaurants. The deal includes brands such as Friendly's, Clean Juice, Orange Leaf, Red Mango, Smoothie Factory + Kitchen, Souper Salad, and Humble Donut Co.