Mergers & Acquisitions

Abry Partners Buying Portfolio Holding From Capital Z Partners

By Amit Chowdhry ● Nov 3, 2025

Abry Partners, a Boston-based private equity firm, has announced an agreement to acquire Portfolio Holding, Inc. from Capital Z Partners, LP, a New York-based private equity firm. The transaction is subject to customary closing conditions, and financial terms were not disclosed.

AIG To Buy 35% Stake In Convex And 9.9% In Onex In $2.7 Billion Strategic Investment

By Amit Chowdhry ● Nov 3, 2025

American International Group announced plans to make two significant strategic investments, acquiring a 35% equity interest in Convex Group Limited, a global specialty insurer, and a 9.9% ownership stake in Onex Corporation, a global alternative asset manager. The dual transactions, valued at approximately $2.7 billion in total, are designed to strengthen AIG’s earnings profile and expand its exposure to specialty insurance and higher-yielding investment opportunities.

Kimberly-Clark To Acquire Kenvue In $48.7 Billion Deal

By Amit Chowdhry ● Nov 3, 2025

Kimberly-Clark announced plans to acquire Kenvue in a cash and stock transaction valuing the consumer health company at an enterprise value of approximately $48.7 billion. The deal, unanimously approved by both boards, will create a combined global leader with roughly $32 billion in annual net revenues and $7 billion in adjusted EBITDA. The transaction, based on the closing price of Kimberly-Clark stock on October 31, 2025, represents an acquisition multiple of about 14.3x Kenvue’s last twelve months adjusted EBITDA, or 8.8x when including expected run-rate savings of $2.1 billion. Kenvue is known for brands like Tylenol, Band-Aid, Listerine, Neutrogena, Aveeno, Zyrtec, Imodium, and Nicorette. And Kimberly-Clark is known for Huggies, Pull-Ups, Kleenex, Scott, Cottonelle, Depend, Kimwipes, and Safeskin.

Cerberus Capital Management Buying BROCC Finance To Expand Into European NPL Asset Management

By Amit Chowdhry ● Nov 3, 2025

Cerberus Capital Management, a global alternative investment firm, has completed its acquisition of BROCC Finance AB, a technology-driven Swedish banking group specializing in consumer finance across the Nordic region. The transaction follows regulatory approval from the Swedish Financial Supervisory Authority and marks Cerberus’ latest strategic investment in European financial services.

Ping Identity To Buy Keyless To Advance Global Privacy-Preserving Biometric Authentication

By Amit Chowdhry ● Nov 3, 2025

Ping Identity announced it has signed a definitive agreement to acquire London-based Keyless, a pioneer in privacy-preserving biometric authentication. The acquisition aims to enhance Ping’s capabilities in secure, passwordless access and strengthen digital identity assurance across global enterprises. The transaction remains subject to customary closing conditions and regulatory approvals.

Apiphani Buys Tradeoff Software To Enhance AI-Native Product And Engineering Leadership

By Amit Chowdhry ● Nov 3, 2025

Apiphani, an AI-native technology services and automation company focused on mission-critical enterprise applications, announced its acquisition of Tradeoff Software, an AI-driven product development firm founded by Braden Ericson. The acquisition enhances Apiphani’s product and engineering capabilities as the company continues advancing its proprietary automation and observability platform, luumen.

F3 Law And Kriha Boucek Combining To Form National Education Law Powerhouse

By Amit Chowdhry ● Nov 3, 2025

Fagen Friedman & Fulfrost (F3 Law), one of the nation’s leading education law firms, announced that Illinois-based Kriha Boucek (KB) will join the firm effective January 1, 2026. The combination will create one of the largest and most experienced education law practices in the United States, with more than 150 attorneys across 11 offices nationwide.