Mergers & Acquisitions

Infinity Capital Partners Buying Soundlink Partners

By Amit Chowdhry ● May 19, 2025

Infinity Capital Partners - a leading provider of alternative investment solutions for registered investment advisers, family offices, and institutional allocators - announced the strategic acquisition of Soundlink Partners, a boutique investment firm known for its deep specialization in healthcare-focused investment strategies.

Cofactr Buying Custom Hardware Sourcing Solution Cogbase

By Amit Chowdhry ● May 19, 2025

Cofactr (a source-to-pay and logistics platform for critical hardware manufacturers) announced the acquisition of hardware sourcing platform Cogbase.

Cary Street Partners Acquiring IFS Advisors

By Amit Chowdhry ● May 19, 2025

Cary Street Partners announced it acquired IFS Advisors, a respected wealth management firm based in Sarasota, Florida, headed by seasoned financial advisor Daniel J. Wolff. This move continues a string of recent expansions for Cary Street Partners.

Prosus: Acquisition Of Despegar Completed

By Amit Chowdhry ● May 19, 2025

Prosus (a global technology company) and Despegar (Latin America’s leading online travel agency) jointly announced the completion of Prosus’s acquisition of Despegar at a purchase price of $19.50 per share.

Proofpoint Signs Deal To Buy Hornetsecurity

By Amit Chowdhry ● May 19, 2025

Proofpoint (a leading cybersecurity and compliance company) announced it has entered into a definitive agreement to buy Hornetsecurity Group, a leading pan-European provider of AI-powered Microsoft 365 (M365) security, data protection, compliance, and security awareness services.

Osaic Brings In Five Former Atria-Affiliated Credit Unions With Nearly $500 Million In Combined Client Assets

By Amit Chowdhry ● May 19, 2025

Osaic, one of the nation’s largest providers of wealth management solutions, announced further expansion of its Osaic Institutions channel by adding five new credit union-affiliated wealth management programs. Previously aligned with CUSO Financial Services (part of Atria Wealth Solutions), these institutions bring nearly $500 million in combined client assets. Each credit union will remain member-operated under its existing brand.

King Risk Partners Buying Spencer Financial

By Amit Chowdhry ● May 18, 2025

King Risk Partners announced the acquisition of Spencer Financial, a well-regarded independent insurance agency in Tampa, Florida. This deal strengthens King Risk Partners' presence in Northwest Florida and reinforces its commitment to providing exceptional service and personalized insurance solutions.

Andie Buying Richer Poorer To Expand Into Everyday Apparel

By Amit Chowdhry ● May 18, 2025

Andie, a direct-to-consumer swimwear brand known for premium one-piece suits designed for all body types, announced the acquisition of California-based essentials label Richer Poorer. This deal marks Andie's first acquisition and a major step toward its vision of becoming a multi-brand and multi-category lifestyle business.

PartnerOne Buying Cybersecurity Leader XYPRO

By Amit Chowdhry ● May 18, 2025

PartnerOne, one of the fastest-growing enterprise software companies, announced the acquisition of XYPRO, a leading cybersecurity provider of risk management and compliance solutions for the world's most critical enterprise environments.

Chocolate Works Acquiring Thompson Chocolate

By Amit Chowdhry ● May 18, 2025

Chocolate Works, a manufacturer of branded and private-label chocolate products, announced the acquisition of Thompson Chocolate, a Meriden, Connecticut-based manufacturer of specialty and foil-wrapped chocolate novelties.

Phillips 66 Divesting Majority Interest In German And Austrian Marketing Businesses For $1.6 Billion

By Amit Chowdhry ● May 18, 2025

Phillips 66 announced that its subsidiary Phillips 66 Continental Holding GmbH has entered into a definitive agreement to divest a 65% interest in its Germany and Austria retail marketing business, such as JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak. And Phillips 66 will retain a non-operated 35 percent interest in the business through a newly formed joint venture.

DICK’S Sporting Goods Buying Foot Locker In $2.4 Billion Deal

By Amit Chowdhry ● May 18, 2025

DICK'S Sporting Goods (a leading U.S.-based full-line omnichannel sporting goods retailer) and Foot Locker (a leading footwear and apparel retailer) announced that they have entered into a definitive merger agreement under which DICK'S will acquire Foot Locker. This deal implies an equity value of about $2.4 billion and an enterprise value of about $2.5 billion.

1848 Ventures Buying Home Management Company Luminest

By Amit Chowdhry ● May 18, 2025

1848 Ventures, an AI-first venture studio building SaaS solutions for small and medium-sized businesses (SMBs), announced the acquisition of Luminest, an AI-based home management startup focused on predictive maintenance and structured property data.

BioMarin Buying Inozyme Pharma In $270 Million Deal

By Amit Chowdhry ● May 18, 2025

BioMarin Pharmaceutical and Inozyme Pharma announced that BioMarin has entered into a definitive agreement to acquire Inozyme for $4 per share in an all-cash transaction for a total consideration of about $270 million.

BSR REIT Buying Two Houston Communities In $141 Million Deal

By Amit Chowdhry ● May 18, 2025

BSR Real Estate Investment Trust announced that it has purchased two recently constructed communities, Forayna Vintage Park and Botanic Luxury, each located in the Houston, Texas MSA, for $141 million.

Coupa Buying AI-Based Category Management Company Cirtuo

By Amit Chowdhry ● May 18, 2025

Coupa announced it has acquired Croatia-based Cirtuo, a leader in AI-powered category management. This strategic investment advances Coupa's autonomous spend management vision and underscores Coupa's commitment to developing AI-based solutions that improve productivity, agility, and resilience while offering margin impact.

Corinthian Capital And Valesco Buying Majority Interest In Trimlight

By Amit Chowdhry ● May 18, 2025

Corinthian Capital Group (a middle-market private equity firm) announced that an affiliate of Corinthian, in partnership with Valesco Industries, has acquired a majority interest in Trimlight, a leading provider of permanent exterior LED lighting solutions.

Charter And Cox Combining In $34.5 Billion Deal

By Amit Chowdhry ● May 17, 2025

Charter Communications (along with its subsidiaries) and Cox Communications announced that they have entered into a definitive agreement to combine their businesses in a transformative deal that will create an industry leader in mobile and broadband communications services, seamless video entertainment, and customer service delivering benefits for employees, customers, communities, and shareholders.

Danone Buying Majority Stake In Kate Farms

By Amit Chowdhry ● May 16, 2025

Danone announced that it has entered into a definitive agreement to buy a majority stake in Kate Farms, a rapidly growing U.S. business offering a wide array of plant-based, organic nutrition products for both medical and everyday needs. Kate Farms’ highly complementary products will enhance Danone’s specialized nutrition offerings.

Mercer Advisors Brings In $3 Billion Team Tufton Capital Management

By Amit Chowdhry ● May 15, 2025

Mercer Global Advisors—a national Registered Investment Adviser (RIA)—announced the acquisition of Tufton Capital Management, a financial planning and advisory firm based in Hunt Valley, Maryland. This acquisition enhances Mercer Advisors’ presence in the greater Washington, DC, market. With Tufton Capital, Mercer Advisors will have approximately $3 billion in client assets in the region.

Sanctuary Wealth Onboards $2 Billion Team 1280 Financial Partners

By Amit Chowdhry ● May 15, 2025

Sanctuary Wealth, a firm that provides elite financial advisors the freedom and choice to thrive in an evolving industry, announced it welcomed 1280 Financial Partners to its growing network of Partner Firms. The veteran team came together in 2021 to serve institutional and private clients. This former UBS-affiliated firm is tapping into Sanctuary's Strategic Capital Partnership program as they launch their new independent firm, which currently manages approximately $2 billion in total client assets.

Edelman Financial Buying $426 Million Firm Cahill Wealth Management

By Amit Chowdhry ● May 15, 2025

Investment advisory firm Edelman Financial Engines (EFE) is buying Cahill Wealth Management. Based in Kalamazoo, Michigan, Cahill Wealth Management is an investment advisory firm managing approximately $426 million for 125 clients.

Church & Dwight Buying Touchland Brand For Up To $880 Million

By Amit Chowdhry ● May 15, 2025

Church & Dwight announced it has signed a definitive agreement to acquire the Touchland brand for $700 million at closing, consisting of cash and Church & Dwight restricted stock, and a payment up to $180 million contingent on the achievement of Touchland’s 2025 net sales for a total purchase price of up to $880 million.

Polar Asset Management Partners Buying Castlefield Associates

By Amit Chowdhry ● May 15, 2025

Polar Asset Management Partners (a leading multi-strategy hedge fund manager based in Toronto) announced that it acquired Castlefield Associates. Castlefield is a relative value systematic futures hedge fund manager founded in 2019 by Chris Schindler and partners.

TSG Consumer To Buy EoS Fitness

By Amit Chowdhry ● May 15, 2025

TSG Consumer Partners (a leading specialist private equity firm focused exclusively on the consumer sector) announced it has signed a definitive agreement to buy EoS Fitness, a leading US operator of High Value. Low Price. (HVLP) gyms. And EoS Chief Executive Officer Rich Drengberg will continue to head the company with his tenured leadership team and will retain a vested interest in the go-forward company.

Convergint Buying Fiber Solutions To Expand Security And AV Business

By Amit Chowdhry ● May 15, 2025

Convergint, a leader in service-based systems integration, announced the acquisition of Fiber Solutions. This leading integrator specializes in designing, installing, and maintaining fiber optic, structured cabling, electronic security, and audio/video networks. Based in Fort Myers, Florida, with operations in Nashville, Tennessee, Fiber Solutions enhances Convergint’s presence in this Southeast region, expanding its capabilities in the healthcare and commercial sectors.

Inverness Graham To Buy Cognito Forms

By Amit Chowdhry ● May 15, 2025

Inverness Graham, a Philadelphia-based buyout firm that buys innovative companies where technology transforms traditional industry, announced that it has acquired Cognito Forms, a growing SaaS-based provider of low-code / no-code workflow automation solutions.

RM Capital Partners: Acquisition Of ISO Solar Completed

By Amit Chowdhry ● May 14, 2025

RM Capital Partners - a strategically positioned private equity firm focused on enabling market leaders across the infrastructure services industry - announced it has completed the acquisition of Integrated Solar Operations d/b/a ISO Solar, a leading provider of turnkey solar energy systems to residential, commercial, and government customers across Puerto Rico.

Xsolla Buying Ludo For Community Engagement Through Code-Free Social Quests

By Amit Chowdhry ● May 14, 2025

Xsolla, a leader in video game commerce, announced the acquisition of Ludo, a platform designed to drive community engagement through code-free social quests. This strategic deal brings Ludo’s technology into the Xsolla portfolio, combining its questing tools with Xsolla’s Web Shop and other Xsolla Rewards Solutions to help developers worldwide increase player engagement, drive retention, and unlock new monetization opportunities beyond the traditional app store model.

TPG Buying Digital Infrastructure Company Peppertree For Up To $960 Million

By Amit Chowdhry ● May 13, 2025

TPG (a leading global alternative asset management firm) and Peppertree Capital Management (a leading specialized digital infrastructure investment firm with a focus on wireless communications towers) announced recently that they have entered into a definitive agreement under which TPG will acquire the Peppertree business in a cash and equity transaction estimated to include up to $242 million in cash and up to $418 million in equity, payable at closing, subject to certain adjustments. The deal also includes earnouts based on Peppertree’s future performance, valued at up to $300 million.