Mergers & Acquisitions

GCG Advisory Partners Acquires Gateway Capital Advisors, Adding $400 Million AUM Practice

By Amit Chowdhry ● Apr 30, 2026

GCG Advisory Partners, the parent company of GCG Wealth Management, has acquired Gateway Capital Advisors, a St. Louis, Missouri-based wealth management firm with $400 million under management and organic growth multiples exceeding industry averages. Financial terms of the transaction were not disclosed. Gateway Capital Advisors Managing Partners Dustin Ward, Shaun Griese, and Joseph Sigman will join GCG as Operating and Equity Partners.

Lazard To Buy Campbell Lutyens For $575 Million

By Amit Chowdhry ● Apr 30, 2026

Lazard has entered into a definitive agreement to acquire Campbell Lutyens, a premier global private markets advisor, for approximately $575 million in total consideration, with potential additional payments of up to $85 million based on defined performance criteria over a multi-year period. The transaction will establish Lazard CL as Lazard's third global business and create the leading private capital advisory platform in the world.

Meadow Partners Acquires Portfolio Of Ten U.K. Energy Ground Lease Assets

By Amit Chowdhry ● Apr 29, 2026

Meadow Partners, an institutional middle-market real estate investment manager, has acquired a portfolio of ten ground leases for energy assets across the U.K., meaningfully accelerating the firm's investment strategy in powered land and the energy transition.

Ameribrands Acquires Construction And Hospitality Services To Expand National Hospitality Renovation Platform

By Amit Chowdhry ● Apr 29, 2026

Ameribrands, a holding company delivering value-added solutions to multi-site brands nationwide, has acquired Construction and Hospitality Services, now rebranded as Commercial Hospitality Solutions, a national provider of hotel and hospitality property renovation services based in Melbourne, Florida.

Augment Acquires Stealth Startup Merlin To Bring AI To The $8 Trillion Wholesale Distribution Industry

By Amit Chowdhry ● Apr 29, 2026

Augment, an AI productivity platform for supply chain, has acquired Merlin, a stealth AI company focused on wholesale distribution, integrating its capabilities into Augie, Augment's flagship AI teammate, marking the company's entry into an industry valued at more than $8 trillion in the U.S. alone.

Keller Williams Acquires Michael Lewis Marketing Suite To Strengthen Agent Branding Platform

By Amit Chowdhry ● Apr 29, 2026

Keller Williams has acquired Michael Lewis Marketing Suite, a widely utilized marketing services company supporting KW-affiliated real estate agents and brokerages, bringing the platform fully in-house as part of its broader agent tools strategy.

Novi Labs Acquires Turing Analytics To Establish Unified North American Platform For Upstream Investment Decisions

By Amit Chowdhry ● Apr 29, 2026

Novi Labs, an AI-driven energy analytics platform, has acquired Calgary-based Turing Analytics, the company behind EVA, a Canadian-focused upstream analytics and proprietary data platform, to create a unified analytical environment for evaluating upstream investments across North America.

Anaconda Acquires Outerbounds To Power End-To-End AI-Native Development At Enterprise Scale

By Amit Chowdhry ● Apr 29, 2026

Anaconda, the trusted foundation for AI-native development, has acquired Outerbounds, the company behind Metaflow, an open-source AI and machine learning orchestration framework, marking a significant step in Anaconda's evolution into the first unified platform spanning the entire AI-native development software lifecycle.

XTL Biopharmaceuticals To Acquire Psyga Bio To Establish Leading Psychedelic Biotechnology Platform

By Amit Chowdhry ● Apr 29, 2026

XTL Biopharmaceuticals, an IP portfolio company, has entered into a definitive share purchase agreement to acquire 100% of Psyga Bio, an advanced biotechnology company focused on the research, development, and commercialization of proprietary products derived from psychedelic and functional mushrooms, positioning XTL at the forefront of the rapidly expanding global psychedelic therapeutics market.

The Wine Group Acquires Phony Negroni Non-Alcoholic Brand From St. Agrestis

By Amit Chowdhry ● Apr 29, 2026

The Wine Group, one of the world's leading producers of wine and adult beverages, has acquired the Phony Negroni non-alcoholic beverage line from St. Agrestis to expand its presence in the growing non-alcoholic spirits category.

iAltA Holdings Acquires Precept To Eliminate Integration Backlogs In Wealth Technology

By Amit Chowdhry ● Apr 29, 2026

iAltA Holdings, a New York-based private markets infrastructure company, has acquired Precept, an AI-powered integration platform purpose-built for wealthtech and fintech companies. The deal marks iAltA's second acquisition within its Wealth vertical, following the acquisition of BridgeFT in January 2026. Financial terms were not disclosed.

Urban Armor Gear Acquires Nomad Goods To Expand Premium Mobile Accessories Platform

By Amit Chowdhry ● Apr 29, 2026

Urban Armor Gear, an Irvine, California-based designer of rugged mobile device cases and accessories, has completed the acquisition of Nomad Goods, a Santa Barbara-based designer and manufacturer of premium smartphone and smartwatch accessories. Financial terms were not disclosed. The deal was completed in partnership with HKW, UAG's financial sponsor, and is consistent with a strategy to scale the platform through targeted acquisitions and operational integration.

Amadeus To Acquire Idemia Public Security For €1.2 Billion To Build End-To-End Biometric Travel Platform

By Amit Chowdhry ● Apr 29, 2026

Amadeus, the Madrid-based travel technology company, has announced its intention to acquire Idemia Public Security, a leading biometrics and identity services provider headquartered in France, for €1.2 billion. The deal follows Amadeus' 2024 acquisition of Vision-Box, a biometric solutions provider for airports, airlines, and border control, and represents a further step in the company's strategy to become an orchestrator of the travel ecosystem. Closing is expected mid-2027, subject to regulatory approvals.

KONE And TKE To Combine In €29.4 Billion Deal To Create Global Elevator And Escalator Leader

By Amit Chowdhry ● Apr 29, 2026

KONE Corporation and TKE have announced an agreement to combine in a cash and share transaction implying a total enterprise value for TKE of €29.4 billion. The deal brings together two of the world's leading elevator and escalator companies, with KONE entering the agreement with a consortium led by Advent and Cinven, the current owners of TKE. Completion is subject to regulatory approvals and KONE shareholder approval and is expected no earlier than the second quarter of 2027.

OppFi To Acquire BNCCORP In $130 Million Deal To Create Unified Digital And Community Banking Platform

By Amit Chowdhry ● Apr 29, 2026

OppFi, a Chicago-based tech-enabled digital finance platform listed on the NYSE, has signed a definitive agreement to acquire BNCCORP and its wholly owned subsidiary, BNC National Bank, in a cash and stock transaction valued at approximately $130 million. Under the terms of the agreement, BNCC stockholders will receive $19.375 per share in cash and 1.90 shares of OppFi Class A common stock for each BNCC share, representing approximately 1.2 times BNCC's book value of $107 million as of December 31, 2025.

Z Squared To Acquire Skycore Digital, Adding 24 MW Of Energized AI Infrastructure With Path To 42 MW

By Amit Chowdhry ● Apr 29, 2026

Z Squared, a Fort Lauderdale-based vertically integrated digital infrastructure company listed on Nasdaq, has entered into a binding letter of intent to acquire 100% of Skycore Digital, an operating digital infrastructure company with three active sites in North Carolina powered by Duke Energy. The transaction is structured entirely in Series B Convertible Preferred Stock with no cash consideration and no debt financing, with a base aggregate liquidation preference of $18 million at closing and maximum consideration of $22 million.

Chiesi Group To Acquire KalVista Pharmaceuticals For $1.9 Billion To Expand Rare Disease Portfolio

By Amit Chowdhry ● Apr 29, 2026

Chiesi Group, an international research-focused biopharmaceutical company headquartered in Parma, Italy, has entered into a definitive agreement to acquire KalVista Pharmaceuticals for $27.00 per share in cash, representing an equity consideration of approximately $1.9 billion. The transaction, unanimously approved by both boards, represents Chiesi's largest acquisition to date and is expected to close in the third quarter of 2026. The offer price represents a 36% premium to KalVista's 30-day volume-weighted average share price as of April 28, 2026.

Morningstar Rebrands CRSP Market Indexes, Cementing Position As Top-Tier Index Provider

By Amit Chowdhry ● Apr 29, 2026

Morningstar, a Chicago-based independent investment insights company, has announced the rebrand of the CRSP Market Indexes to the Morningstar brand, marking a new milestone in its previously completed acquisition of the Center for Research in Security Prices from the University of Chicago. Name changes are expected to become effective in late July, with no disruption to clients or changes to existing index methodologies.

Engineering Resource Group Acquires Haltom Engineering To Expand MEP Platform Across Southern U.S.

By Amit Chowdhry ● Apr 29, 2026

Engineering Resource Group, a Godspeed Capital Management-backed mechanical, electrical, and plumbing engineering, consulting, and design firm, has acquired Haltom Engineering, a Memphis-based MEP engineering consulting firm specializing in mechanical, plumbing, and fire protection design. The deal marks ERG's first add-on acquisition and extends its geographic reach and technical depth across the Southern United States.

Keystone Acquires Titan Risk Solutions To Anchor National Transportation Insurance Vertical

By Amit Chowdhry ● Apr 29, 2026

Keystone, a Mechanicsburg, Pennsylvania-based insurance broker, has acquired Titan Risk Solutions, a premier trucking insurance broker headquartered in Overland Park, Kansas. Titan will serve as the anchor of Keystone's newly established Trucking Vertical, expanding the platform's capacity, market access, and technical expertise for transportation risks. Titan will rebrand as Keystone Trucking Solutions later this year.

MoonPay Acquires Sodot And Launches MoonPay Institutional To Serve Financial Institutions In Digital Assets

By Amit Chowdhry ● Apr 29, 2026

MoonPay, a global crypto payments network founded in 2019, has acquired Sodot, a crypto key management infrastructure company, and used the acquisition as the foundation for MoonPay Institutional, a new business serving financial institutions, asset managers, trading firms, and exchanges entering digital asset markets. Caroline D. Pham, former acting Chairman of the U.S. Commodity Futures Trading Commission, will lead MoonPay Institutional as CEO of Moon Global Markets. Financial terms were not disclosed.

Aligned Fitness Expands Into Ohio With Acquisition Of Six Club Pilates Studios

By Amit Chowdhry ● Apr 29, 2026

Aligned Fitness Holdings, a leading Club Pilates franchisee, has acquired CAM Pilates, a Columbus, Ohio-based franchisee operating six top-performing studios, bringing Aligned Fitness' total footprint to 55 studios. The transaction marks the company's first expansion beyond its established base in the Southeastern United States, where it operates locations across North Carolina, Georgia, and South Carolina.

Arlington Capital Partners Acquires ENERCON And Merges With POND To Create Power Engineering Platform

By Amit Chowdhry ● Apr 29, 2026

Arlington Capital Partners, a Washington D.C.-area private investment firm, has acquired ENERCON, a specialized nuclear and power engineering firm, from funds managed by Oaktree Capital Management, and simultaneously merged it with its existing portfolio company Pond & Company. The combined company will operate under the ENERCON name, headquartered in the Atlanta area, with more than 2,700 professionals and leadership retained from both organizations. Arlington describes the transaction as its largest ever platform build, with additional add-on acquisitions planned.

TotalEnergies Finalizes Acquisition Of 50% Of EPH’s European Flexible Power Generation Platform

By Amit Chowdhry ● Apr 29, 2026

TotalEnergies has completed its acquisition of a 50% stake in EPH's flexible power generation platform in Western Europe, creating TTEP, the second-largest flexible generation player in Europe. The transaction, originally agreed on November 16, 2025, became effective April 29, 2026, and has been approved by all relevant regulatory authorities and the boards of both companies. TTEP is headquartered in Amsterdam.

OpenGate Capital Acquires Total Safety’s Europe And Middle East Division In Carve-Out Transaction

By Amit Chowdhry ● Apr 29, 2026

OpenGate Capital, a global private equity firm headquartered in New York and Paris, has signed a definitive agreement to acquire the European and Middle Eastern division of Total Safety, a portfolio company of Littlejohn & Co. The carve-out separates Total Safety EMEA into a standalone platform focused on mission-critical safety and compliance solutions for petrochemical and oil and gas customers across the region. Financial terms were not disclosed.

CC Capital And OneIM Complete A$3.9 Billion Acquisition Of Insignia Financial

By Amit Chowdhry ● Apr 29, 2026

CC Capital, a New York-based private investment firm, and One Investment Management, a global alternative investment manager, have completed the acquisition of Insignia Financial, Australia's leading diversified wealth management group. The companies acquired 100% of Insignia for A$4.80 per share in cash via a scheme of arrangement, representing an enterprise value of approximately A$3.9 billion, or US$2.5 billion. Insignia will be formally de-listed from the Australian Securities Exchange as of April 29, 2026.

Cognizant To Acquire Astreya To Deepen AI Infrastructure

By Amit Chowdhry ● Apr 29, 2026

Cognizant, a Teaneck, New Jersey-based AI and technology services company, has entered into a definitive agreement to acquire Astreya, a San Jose-based AI-first IT managed services and solutions provider. The transaction is expected to expand Cognizant's AI infrastructure capabilities and production-grade AI operations platform as enterprises accelerate spending on data center infrastructure. Financial terms were not disclosed. The deal is expected to close in the second quarter of 2026.

Sage Acquires Doyen AI To Accelerate Customer Migrations And AI-Powered Implementations For SMBs

By Amit Chowdhry ● Apr 28, 2026

Sage, a London-listed leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses, has acquired Doyen AI, an AI-powered implementation company founded in 2024. Financial terms were not disclosed. The acquisition strengthens Sage's ability to help customers migrate from legacy systems to modern Sage solutions faster and more accurately.

DoubleU Games Proposes $184 Million Buyout Of Remaining DoubleDown Interactive Shares

By Amit Chowdhry ● Apr 28, 2026

DoubleU Games, a Seoul-based mobile social casino game developer listed on the Korea Exchange, has submitted a formal proposal to the board of DoubleDown Interactive to acquire all outstanding American Depositary Shares of DDI not currently held by DoubleU Games at $11.25 per ADS in an all-cash transaction, representing an aggregate value of approximately $184 million. The offer price equals DDI's 52-week high on the Nasdaq Global Select Market and represents a premium of approximately 22.4% over DDI's closing price on April 27, 2026.

Protective Life Acquires Obsidian Insurance Holdings From Genstar Capital To Enter Specialty Property And Casualty Market

By Amit Chowdhry ● Apr 28, 2026

Protective Life Corporation, a U.S. subsidiary of Tokyo-based Daiichi Life Group, has entered into an agreement to acquire Obsidian Insurance Holdings from Genstar Capital, establishing a new specialty property and casualty business line for Protective. Financial terms of the transaction were not disclosed. The deal is expected to close in the fourth quarter of 2026 or the first quarter of 2027, pending regulatory approvals.