Mergers & Acquisitions

New York Mortgage Trust Buys Remaining Interest In Constructive Loans

By Amit Chowdhry ● Today at 11:35 PM

New York Mortgage Trust announced that it has acquired the remaining 50% ownership interest in Constructive Loans, a leading originator of business purpose loans for residential real estate investors.

Powell Industries Buying Remsdaq In $16.3 Million Deal

By Amit Chowdhry ● Today at 11:34 PM

Powell Industries, a leading provider of custom-engineered solutions for electrical energy management, control, and distribution, has announced it has entered into a definitive agreement to acquire Remsdaq for approximately $16.3 million (or £12.2 million). Remsdaq, based in the U.K., manufactures Remote Terminal Units (RTUs) for electrical substation control and automation across the generation, transmission, and distribution sectors.

Cavco Industries Buying American Homestar In $190 Million Cash Deal

By Amit Chowdhry ● Today at 10:51 PM

Cavco Industries has agreed to acquire American Homestar Corporation and its subsidiaries, known as Oak Creek Homes. American Homestar, based in Houston, operates two manufacturing facilities and nineteen retail locations. The company generated $194 million in revenue, with a net income of $16.6 million, for the twelve months ended May 31, 2025, and produced 1,676 homes.

Sorcero Buying Axiom Health For AI-Driven Insights Across Life Sciences And Medical Device Markets

By Amit Chowdhry ● Today at 10:33 PM

Sorcero, a provider of AI-driven analytics for life sciences, has acquired Axiom Health, a real-world data platform for the medical technology industry. The Axiom Health platform will be rebranded as Sorcero MedTech, creating the first unified AI solution for both pharmaceutical and medical device organizations. This integration aims to provide real-time insights for the healthcare sector.

Simplicity Buying RIA Firm Verity Asset Management

By Amit Chowdhry ● Today at 10:30 PM

Simplicity Group Holdings, a leading financial products distribution company, has acquired Verity Asset Management, a Registered Investment Advisor based in Durham, NC. Founded in 1996, Verity helps clients maximize and preserve wealth with a client-focused approach. Its leadership team—Gordon Wegwart, Sean McGill, Amy Simonson, and Jeff Munsey—will remain in their roles and become Simplicity partners, working to expand the firm’s client base.

Huntington Bancshares Buying Veritex In $1.9 Billion Deal

By Amit Chowdhry ● Today at 10:25 PM

Huntington Bancshares, a leading regional bank holding company based in Columbus, Ohio, has entered into a merger agreement with Veritex Holdings, headquartered in Dallas, Texas. This acquisition aims to enhance Huntington's growth in Texas, particularly in the Dallas/Fort Worth and Houston areas. As of March 31, 2025, Veritex reported approximately $13 billion in assets.

Blink Charging Buying Charging Infrastructure Company Zemetric

By Amit Chowdhry ● Today at 10:22 PM

Blink Charging, a global leader in electric vehicle (EV) charging equipment and services, has announced its acquisition of Zemetric, a company known for its customized charging infrastructure solutions for fleets, multi-family properties, and high-traffic destinations. The deal is expected to close on or before July 11, 2025, subject to standard conditions.

Cognition Acquiring Windsurf On The Heels Of Google Deal

By Amit Chowdhry ● Today at 10:11 PM

Cognition, the artificial intelligence startup behind the AI coding agent Devin, announced today its acquisition of Windsurf, an AI coding company. This move comes just days after Windsurf's CEO and several other senior employees joined Google.

Creative Planning Onboards $430 Million Team Mosaic Pacific

By Amit Chowdhry ● Today at 4:05 PM

Creative Planning, a national investment advisor, has acquired Mosaic Pacific, a Hawaiian financial advisory firm. The deal, finalized on June 30, 2025, adds approximately $430 million in assets under management to Creative Planning's portfolio.

maxon Group: Minority Stake Acquired In Synapticon

By Amit Chowdhry ● Today at 4:04 PM

maxon Group, a Swiss-based leader in high-precision drive systems, has acquired a minority stake in Synapticon, a German provider of intelligent motion control solutions with integrated safety features.

Atlas Onboarding Central Wealth Management And Passes $230 Million In AUM

By Amit Chowdhry ● Today at 4:03 PM

Atlas, a financial firm focused on modernizing wealth management, has acquired Central Wealth Management (CWM), a Wisconsin-based RIA. This acquisition pushes Atlas's total assets under management past $230 million. CWM will now operate fully under the Atlas brand, maintaining its office in Madison, Wisconsin.

Pronto Buying SafeAI For Multi-Sensor Autonomous Solutions

By Amit Chowdhry ● Today at 4:02 PM

Pronto.ai, a leader in autonomous haulage systems (AHS), has acquired SafeAI Inc., a pioneer in multi-sensor autonomous solutions for heavy industry. This acquisition solidifies Pronto's position as the leading provider of autonomous solutions for the off-road sector.

King Risk Partners Expanding With Acquisition Of Cummings Insurance Agency

By Amit Chowdhry ● Today at 3:55 PM

King Risk Partners, the 56th largest insurance brokerage in the U.S., has announced its continued expansion in the Southeast by acquiring Cummings Insurance Agency.

Perrigo Selling Dermacosmetics Business To KKR For Up To €327 Million

By Amit Chowdhry ● Yesterday at 2:57 PM

Perrigo Company, a global provider of Consumer Self-Care Products, has signed an agreement with Kairos Bidco AB, an investment vehicle managed by KKR, to sell its Dermacosmetics-branded business. The deal is valued at up to €327 million, comprising €300 million in upfront cash and up to €27 million contingent on future sales milestones.

Realtor.com Buys Zenlist For Enhancing Agent-Client Collaboration

By Amit Chowdhry ● Yesterday at 2:55 PM

Move Inc., the operator of Realtor.com, has acquired Zenlist, a real estate technology company known for its collaborative search and productivity tools for agents and clients. This acquisition aims to enhance Realtor.com's offerings by providing agents and industry partners with more insights and value, ultimately creating a more connected and transparent real estate marketplace.

Vehlo Buys Total Customer Connect For Enhancing Dealership Service Solutions

By Amit Chowdhry ● Yesterday at 2:52 PM

Vehlo, a provider of software and financial solutions for the automotive repair industry, announced it has acquired Total Customer Connect (TCC). And TCC is a leader in customer retention and service lane technology for car dealerships.

Torch Buying AI Learning Platform Praxis Labs

By Amit Chowdhry ● Yesterday at 2:49 PM

Torch, a contextual coaching platform, has acquired Praxis Labs, an AI learning platform specializing in skills development. This acquisition aims to close the gap between leadership development spending and successful business transformation, a critical market failure.

WilliamsMarston Acquiring AIT Consulting Services

By Amit Chowdhry ● Yesterday at 2:46 PM

WilliamsMarston, a national advisory firm specializing in accounting, tax, valuation, and transaction services, has acquired AIT Consulting Services, a leading OneStream Software consulting firm based in Houston, Texas. This strategic acquisition significantly enhances WilliamsMarston's service offerings for the Office of the CFO.

Neo Space Group: UP42 Acquisition Completed

By Amit Chowdhry ● Yesterday at 2:44 PM

Neo Space Group (NSG), Saudi Arabia's leading commercial space services provider and a PIF company, has completed its acquisition of UP42 GmbH. UP42, a leading Earth Observation (EO) platform previously owned by Airbus Defence and Space GmbH, is now formally part of the NSG organization, following the initial announcement in December 2024.

Deloitte Tax Acquires Assets From Trust Processing Solutions

By Amit Chowdhry ● Yesterday at 2:44 PM

Deloitte Tax has acquired certain assets of Trust Processing Solutions (TPS), a Cincinnati-based fiduciary tax compliance company.

Mizkan America Buying Beverage Company Zing Zang

By Amit Chowdhry ● Yesterday at 2:34 PM

Mizkan America has acquired Chicago-based Zing Zang, the top-selling Bloody Mary brand in America, for an undisclosed sum. This acquisition significantly boosts Mizkan's presence in the growing cocktail mixer category, which the company internally refers to as "Inspired Mixology."

Ulta Beauty Buying British Retailer Company Space NK

By Amit Chowdhry ● Yesterday at 2:29 PM

Ulta Beauty has acquired Space NK Limited, a prominent British beauty retailer, from Manzanita Capital. The financial terms of the deal were not disclosed.

Amplitude Buying Voice Of Customer Company Kraftful

By Amit Chowdhry ● Yesterday at 2:28 PM

Amplitude has acquired Kraftful, an AI-native Voice of Customer (VoC) startup. This acquisition aims to provide teams with a 360-degree view of their customers, enabling them to build better products and digital experiences by combining quantitative user behavior data with qualitative user feedback. This move reinforces Amplitude's position as a comprehensive digital analytics platform.

Composition Wealth Brings In Two Teams And Reaches $9.5 Billion AUM

By Amit Chowdhry ● Yesterday at 1:51 PM

Composition Wealth, a national registered investment advisor (RIA), has expanded its reach by adding two advisory teams, bringing in a combined $481 million in assets. This increases Composition Wealth's total assets under management (AUM) to $9.5 billion as of July 3, 2025. The new partnerships include:

Boyd Gaming Selling FanDuel Stake For $1.755 Billion

By Amit Chowdhry ● Yesterday at 1:48 PM

Boyd Gaming agreed to sell its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.755 billion in cash.

The Borgman Company Buys West Texas Oil Assets For $31.1 Million

By Amit Chowdhry ● Yesterday at 1:45 PM

The Borgman Company (TBC), a privately held Dallas-based giant, has agreed to acquire an undisclosed oil company with producing assets and service infrastructure in West Texas. The $31.1 million transaction significantly expands TBC's presence and resource base in the Permian Basin.

SAI360 Buying Hintbox For Enhancing US Whistleblower Systems

By Amit Chowdhry ● Yesterday at 1:44 PM

SAI360, a leader in integrated risk and compliance software, has acquired Lawcode GmbH, the German creators of Hintbox. Hintbox is a next-generation whistleblower hotline and case management platform, widely trusted in the DACH region. This deal aims to significantly modernize the U.S. hotline case management and reporting landscape.

Leonardo Enhances Cybersecurity Offerings With Axiomatics Acquisition

By Amit Chowdhry ● Yesterday at 1:30 PM

Leonardo has strengthened its cybersecurity offerings by acquiring Swedish company Axiomatics AB. This move adds a crucial component to Leonardo's Zero Trust portfolio, a cybersecurity model where all system, network, and data access is continuously verified. This approach, integral to Leonardo’s Global Cybersecurity Platform (GCC Platform), enhances cyber observability and proactive threat anticipation.

Zendesk Buying Analytics Platform Company HyperArc

By Amit Chowdhry ● Yesterday at 12:25 PM

Zendesk has announced the acquisition of HyperArc, an AI-native analytics platform, to advance its AI-driven customer intelligence significantly. This deal marks a significant step in Zendesk's analytics roadmap, aiming to deliver advanced analytics capabilities for its customers.

TROOPS TO Buy 49% Of WORK

By Amit Chowdhry ● Yesterday at 12:23 PM

TROOPS announced its subsidiary, Giant Connection Limited, plans to acquire 49% of WORK, Inc., a co-working space operator in Taiwan, with an option to buy the remaining 51% later.