Mergers & Acquisitions

New Charter Technologies Buys Orchestrate AI To Advance MSP Services

By Amit Chowdhry ● Feb 21, 2025

New Charter Technologies (a portfolio company of Oval Partners) announced the acquisition of Orchestrate AI Labs, an AI-integration company focused on the future of the MSP. Created by a team of experienced MSP and technology leaders, Orchestrate AI has operated largely in stealth mode, developing innovative solutions to bring the transformative power of frontier AI models into service delivery models.

Crain Communications Buying Industry Media Company Hart Energy

By Amit Chowdhry ● Feb 21, 2025

Crain Communications announced it has agreed to acquire Hart Energy, a leading multi-platform news and information company covering the massive energy sector with industry-leading media brands such as Oil and Gas Investor, E&P and the DUG conferences, and others.

Phenom Buying Resource Management And Talent Mobility Company EDGE

By Amit Chowdhry ● Feb 21, 2025

Phenom, an AI company specializing in HR, announced it acquired EDGE, a leading resource management and talent mobility platform. This acquisition strengthens Phenom’s workforce intelligence solutions for the professional services industry and global capability centers (GCC).

Drata To Buy Trust Center Solution SafeBase

By Amit Chowdhry ● Feb 21, 2025

Drata, a leading Trust Management platform, announced it has entered into a definitive agreement to acquire SafeBase, the leading Trust Center solution for the enterprise. The deal is intended to integrate both companies' shared vision of being the go-to trust layer between companies, driving seamless, transparent relationships with the most comprehensive Trust Management Platform. This deal is expected to close later this month.

Emerald Lake: Sale Of Inno-Pak Announced

By Amit Chowdhry ● Feb 21, 2025

Emerald Lake Capital Management, a middle market private equity firm investing in capital-efficient businesses with sustainable competitive advantages and strong growth prospects in the industrials and services sectors, announced the sale of Inno-Pak, a leading designer, manufacturer, importer and supplier of innovative, eco-friendly packaging for prepared and takeout foods, to Handgards, a portfolio company of Wynnchurch Capital. The terms of the deal were undisclosed.

Fortress Investment Group: £354 Million Acquisition Of Loungers Completed

By Amit Chowdhry ● Feb 21, 2025

Fortress Investment Group announced that funds managed by its affiliates completed the acquisition of Loungers for £354.4 million. The deal became effective in accordance with its terms, and the entire issued and to-be-issued share capital of Loungers is now owned by affiliates of Fortress funds.

Accenture To Buy Germany-Based Management Consulting Firm Staufen

By Amit Chowdhry ● Feb 20, 2025

Accenture has agreed to acquire Staufen, a Germany-based management consulting firm, and its subsidiaries. The deal will expand Accenture’s capabilities in driving operational competitiveness in manufacturing and supply chains, particularly for clients in discrete manufacturing industries, including automotive, aerospace and defense, industrial goods, and medical equipment.

TE Connectivity Buying Richards Manufacturing In $2.3 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

TE Connectivity, a leader in connectors and sensors, announced it has entered into a definitive agreement to buy Richards Manufacturing Co. from funds managed by Oaktree Capital Management and members of the Bier family, long-standing owners and leaders of the business.

nCino Buying Sandbox Banking In Approximate $52.5 Million Deal

By Amit Chowdhry ● Feb 20, 2025

nCino, a leading provider of intelligent and best-in-class banking solutions, announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry. This deal strengthens nCino's ability to enhance data connectivity and streamline operations for banks and credit unions through a leading Integration Platform as a Service (iPaaS) solution for a more intelligent technology platform.

Fox Corporation Buying Red Seat Ventures

By Amit Chowdhry ● Feb 20, 2025

Fox Corporation announced its acquisition of Red Seat Ventures, which is a leading business in the creator economy powering talent across a range of genres as they build their direct-to-consumer media businesses. Red Seat Ventures will be operating as a standalone entity within FOX's Tubi Media Group. And Paul Cheesbrough, CEO of Tubi Media Group, assumes the role of Chairman, Red Seat Ventures.

LegalZoom Buying Formation Nation To Expand Portfolio Of Small Business Solutions

By Amit Chowdhry ● Feb 20, 2025

LegalZoom - a leading online platform for legal services - announced it acquired small business services company Formation Nation. Formation Nation offers services ranging from white-glove business formation and compliance offerings under its Nevada Corporate Headquarters (NCH) business to low-cost business formations under its flagship Inc Authority brand.

Columbus McKinnon Combining With Kito Crosby In $2.7 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

Columbus McKinnon—a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling—announced a definitive agreement under which it will acquire Kito Crosby from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion, subject to customary post-closing purchase price adjustments. The company expects the deal to close later this calendar year, subject to regulatory approvals and satisfactory completion of customary closing conditions.

Duravant To Buy Food Processing And Handling Automation Solutions Company Pattyn

By Amit Chowdhry ● Feb 20, 2025

Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, announced that it entered into a definitive agreement to acquire the Pattyn Group, a designer and manufacturer of automation systems specializing in B2B packaging. And Pattyn is recognized as the premier leader in delivering comprehensive automation solutions and services for bag-in-box packaging applications.

TASKING Buying Code Analysis Platform LDRA

By Amit Chowdhry ● Feb 20, 2025

TASKING announced the acquisition of 100% of LDRA, which is a provider of software tools for code analysis and software testing for safety-, mission-, security-critical markets. And LDRA has been a privately owned company with a team of over 100 employees distributed across the UKS (headquarters), US, India and Germany.

Cain And Ares Enter To Buy Significant Stake In Trent Rockets

By Amit Chowdhry ● Feb 20, 2025

Cain International and Ares Management Credit funds have together entered exclusivity to buy a significant stake in The Hundred franchise Trent Rockets. After a competitive bidding process, Cain and Ares won the auction as the preferred private investors and will now enter an eight-week exclusivity period to finalize legal agreements.

MMS Buying CRO Company Exploristics

By Amit Chowdhry ● Feb 20, 2025

MMS, a data-focused clinical research organization (CRO), announced its acquisition of Exploristics, a leading biostatistics and data science company based in Belfast, Northern Ireland.

Millrose Properties: Acquisition Of Rausch Coleman Homes Land Assets Closed

By Amit Chowdhry ● Feb 20, 2025

Millrose Properties, a first-of-its-kind Homesite Option Purchase Platform for residential homebuilders (HOPP’R), announced that it has completed the previously announced acquisition of approximately 24,000 homesites from Rausch Coleman Homes and simultaneously executed option agreements with Lennar on all acquired homesites.

Yext Acquires Location Intelligences Company Places Scout

By Amit Chowdhry ● Feb 20, 2025

Yext, a leading digital presence platform for multi-location brands, announced the acquisition of Places Scout, an industry-leading location intelligence platform. Used by top experts and enterprise brands, Places Scout delivers real-time and location-based insights to assess performance, track competitors, and optimize visibility across every major search channel. The deal strengthens Yext’s ability to provide best-in-class competitive intelligence, benchmarking, and AI-based insights.

DataRobot Buying Agnostiq For Accelerating Agentic AI Application Development

By Amit Chowdhry ● Feb 20, 2025

DataRobot, a provider of AI that makes business sense, announced it has acquired Agnostiq and its open-source distributed computing platform Covalent. With this acquisition, DataRobot continues accelerating agentic AI application development with advanced computing orchestration and optimization.

Baker Tilly To Buy CPA And Advisory Firm CironeFriedberg

By Amit Chowdhry ● Feb 19, 2025

Leading advisory, tax and assurance firm Baker Tilly announced its intent to buy CironeFriedberg, a highly respected CPA and advisory firm in Connecticut. This strategic deal strengthens Baker Tilly’s presence in the Northeast, creating connections between New York and Boston.

Bluespring Wealth Partners Buys $560 Million Firm Reliant Wealth Planning

By Amit Chowdhry ● Feb 19, 2025

Bluespring Wealth Partners (Bluespring), a leading acquirer of independent RIAs and hybrid wealth management firms, today announced its acquisition of Reliant Wealth Planning, a premier wealth management and financial advisory firm based in Louisville, Kentucky.

ParkHub Buys ElimiWait For Expanding Parking Solutions Portfolio

By Amit Chowdhry ● Feb 19, 2025

ParkHub, a leading North American provider of parking software solutions, announced the acquisition of ElimiWait, a software platform specializing in valet parking operations. And this strategic acquisition reinforces ParkHub’s position as the most comprehensive parking solutions provider in North America by incorporating ElimiWait’s innovative valet management tools into its product suite.

Quadshift: $23 Million Growth Equity Raised To Advance Acquisitions Of Leading Software Companies

By Amit Chowdhry ● Feb 19, 2025

Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.

Mercer Advisors Brings In $600 Million Financial Partners Group Team

By Amit Chowdhry ● Feb 19, 2025

Mercer Global Advisors, a national Registered Investment Adviser (RIA), announced the acquisition of Financial Partners Group (FPG), which is an investment advisory and financial planning firm based in Gallatin, Tennessee.

AmeriPro Health Acquires Priority Medical Transport

By Amit Chowdhry ● Feb 19, 2025

AmeriPro Health, an Atlanta-based leading provider of patient logistics and last-mile healthcare delivery services with operations in multiple states, announced it acquired Priority Medical Transport, a well-established emergency medical services provider in Nebraska.

LPL Brings In $600 Million Charter Oak Wealth Partners Team

By Amit Chowdhry ● Feb 19, 2025

LPL Financial announced that the advisors at Charter Oak Wealth Partners have joined LPL Financial’s broker-dealer, RIA, and custodial platforms, which are aligned with the existing firm Academy Financial. They reported serving approximately $600 million in advisory, brokerage, and retirement plan assets and joined LPL from Osaic.

ArcLight: $865 Million Acquisition Of Strategic Pipeline Revealed

By Amit Chowdhry ● Feb 19, 2025

ArcLight Capital Partners and affiliates announced that they have completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline (GCX) for $865 million from an affiliate of Phillips 66. Going forward, GCX will be jointly owned by subsidiaries of Kinder Morgan and affiliates of ArcLight. And a subsidiary of KMI will continue operating GCX.

CoStar Group Buying Agricultural Data Company Ag-Analytics

By Amit Chowdhry ● Feb 18, 2025

CoStar Group - a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets - announced that it has acquired agricultural data company Ag-Analytics.

Silver Lake And GIC Complete The Zuora Acqusition

By Amit Chowdhry ● Feb 18, 2025

Zuora - a leading monetization platform for modern business - announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC for $10 per share in cash. And with the completion of the acquisition, Zuora’s Class A common stock will cease trading and the company will no longer be listed on the New York Stock Exchange.

India-Based PE Firm Multiples Acquires Controlling Stake Of QBurst For $200 Million

By Amit Chowdhry ● Feb 17, 2025

Multiples Alternate Asset Management and its co-investors announced it signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform QBurst. This deal, with an investment of $200 million, marks Multiples' most significant control investment in technology services.