Mergers & Acquisitions

Teradyne To Buy Quantifi Photonics

By Amit Chowdhry ● Mar 13, 2025

Teradyne announced it has entered into a definitive agreement to acquire privately held Quantifi Photonics, a leader in photonic IC testing. And the acquisition is expected to close in the second quarter of 2025, subject to customary closing conditions.

Compound Planning: Digital Family Office Grows To $3 Billion AUM

By Amit Chowdhry ● Mar 12, 2025

Compound Planning—a leading digital family office committed to reimagining wealth management for next-generation advisors—announced that seven financial advisors, including a four-person advisory team that previously managed $1.2 billion, have joined the firm. The latest additions cement what has been a period of rapid growth for the firm. And Compound eclipsed $3 billion in total assets under management (“AUM”) as of January 31, after the firm added 30 total advisors and doubled its AUM in 2024.

Honeywell Buying Sundyne In $2.16 Billion Deal

By Amit Chowdhry ● Mar 11, 2025

Honeywell recently announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This deal represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader in the design, manufacturing, and aftermarket support of highly engineered pumps and gas compressors used in process industries.

EP Wealth Advisors Buying $190 Million Firm The Holben Group

By Amit Chowdhry ● Mar 11, 2025

EP Wealth Advisors - a leading fee-only registered investment adviser (RIA) with a growing national footprint - has announced their partnership with The Holben Group in Denver, Colorado. This alignment builds on EP Wealth’s long-time presence in Colorado, adding over $190 million in assets under management (AUM).

Rocket Companies Buying Digital Real Estate Brokerage Redfin In $1.75 Billion Deal

By Amit Chowdhry ● Mar 10, 2025

Rocket Companies, a Detroit-based fintech platform consisting of mortgage, real estate, and personal finance businesses, announced today that it has agreed to purchase Redfin, a leading digital real estate brokerage, in an all-stock transaction for $12.50 per Redfin share, or $1.75 billion of equity value.

ServiceNow Buying Moveworks In $2.85 Billion Deal

By Amit Chowdhry ● Mar 10, 2025

Today, ServiceNow announced it has signed a definitive agreement to acquire Moveworks. The acquisition will combine ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search technology to unlock new experiences for every employee in every corner of the business.

American Express To Buy Expense Management Software Company Center

By Amit Chowdhry ● Mar 7, 2025

American Express announced that it has entered into an agreement to acquire Center, which is a software company modernizing expense management.

DNO To Buy Sval Energi In $1.6 Billion Deal

By Amit Chowdhry ● Mar 7, 2025

DNO ASA, the Norwegian oil and gas operator, announced it has agreed to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of $1.6 billion.

LPL Brings In $190 Million FA Michael Carmichael

By Amit Chowdhry ● Mar 7, 2025

LPL Financial announced that financial advisor Michael Carmichael, RFC, CRPS, founder of Carmichael Financial, announced it has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving about $190 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.

Walgreens Boots Alliance To Go Private In A Deal Valued Up To $23.7 Billion

By Amit Chowdhry ● Mar 7, 2025

Drugstore chain Walgreens Boots Alliance (WBA) announced it is going private in a $10 billion deal with private equity firm Sycamore Partners. Sycamore will pay $11.45 per share, which is a premium of 8% to the stock's closing price of $10.60 on Thursday. The total value of the deal is up to $23.7 billion. Sycamore Partners specializes in retail and consumer investments and has a track record of buying distressed retailers for profit, like Staples, Talbots, and Nine West.

LPL Onboards $1.15 Billion Townsgate Wealth Management Team

By Amit Chowdhry ● Mar 6, 2025

LPL Financial announced that financial advisors Jim Murray, Larry Bernstein, Abby Goldstein, CFP, Michael Kazmer, CFP, Brett Goldberg and Wesley Wong of Townsgate Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And they reported serving about $1.15 billion in advisory, brokerage and retirement assets* and join LPL from Wells Fargo Advisors Financial Network.

Jazz Pharmaceuticals Buying Chimerix For About $935 Million

By Amit Chowdhry ● Mar 6, 2025

Jazz Pharmaceuticals and Chimerix announced a definitive agreement for Jazz to buy Chimerix for $8.55 per share in cash, representing a total consideration of approximately $935 million. Both companies have approved the deal, which is expected to close in the second quarter of 2025.

LPL Adds $400 Million Servant Path Wealth Partners Team

By Amit Chowdhry ● Mar 5, 2025

LPL Financial announced financial advisors Joe Young, CFP, and Ryne Stokes, CFP, have joined LPL’s employee advisor channel Linsco by LPL Financial to launch Servant Path Wealth Partners. And they reported serving about $400 million in advisory, brokerage and retirement plan assets and joined LPL from Synovus Securities.

ADNOC And OMV Merging To Create $60+ Billion Polyolefin Giant

By Amit Chowdhry ● Mar 4, 2025

Abu Dhabi National Oil Company (ADNOC) and Austria-based OMV announced they will merge and create a $60+ billion chemical giant. This merged entity will be called Borouge Group International, which will acquire Nova Chemicals for $13.4 billion from Mubadala for $13.4 billion and create the world’s fourth-largest polyolefins player following the recontribution of Borouge-4 (at cost of about $7.5 billion) as measured by nameplate capacity with 13.6 mtpa of capacity across Europe, the Middle East and North America.

Flexera: Acquisition Of NetApp’s Spot FinOps Portfolio Completed

By Amit Chowdhry ● Mar 3, 2025

Flexera, a leader in technology spending and risk management, announced today that it has completed the acquisition of Spot from NetApp. The acquisition is Flexera’s latest step towards providing comprehensive solutions to help organizations confront growing cloud cost and usage hurdles, especially as the consumption of artificial intelligence (AI) surges and strains cloud budgets.