Mergers & Acquisitions

Apollo To Buy Argo Infrastructure Partners, Adding $6 Billion Of Assets

By Amit Chowdhry ● Jan 17, 2025

Apollo has agreed to acquire Argo Infrastructure Partners, a leading mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction. And at closing, Argo will add about $6 billion of high-quality assets to the Apollo infrastructure platform and an experienced team of more than 20 professionals focused on core and core plus infrastructure equity opportunities.

Advisor360° Buys GenAI Provider Company Parrot AI

By Amit Chowdhry ● Jan 16, 2025

Advisor360°, a leading provider of integrated technology for enterprise wealth management firms, announced it acquired Parrot AI, a Boston-based generative AI technology firm. This deal builds on Advisor360°’s existing AI capabilities with the addition of Parrot AI’s premium software—enabling advisors to record, transcribe, and summarize meetings to produce shareable notes and files that securely and seamlessly integrate with all major meeting and conferencing platforms.

Enable Buying Pricing Engine Company Flintfox

By Amit Chowdhry ● Jan 16, 2025

Enable, an AI-based rebate management leader, announced the acquisition of the pricing engine Flintfox. This strategic deal brings together rebate and pricing management expertise to deliver a unified solution for managing trading partner incentives, enabling organizations to drive better collaboration, align incentives with strategic goals, and maximize profitability.

Zellis Buying HR Software Company elementsuite

By Amit Chowdhry ● Jan 16, 2025

Zellis announced a definitive agreement to acquire elementsuite, an AI enabled HR software company. As part of the deal, elementsuite will be combined with Zellis, the largest provider of payroll and HR software to the UK and Ireland, creating an end-to-end AI-powered HR and Payroll platform.

Farther Brings In $650 Million SignalPoint Asset Management Team

By Amit Chowdhry ● Jan 16, 2025

Farther, a leading technology-driven wealth management firm, announced it has welcomed SignalPoint Asset Management to its platform. And with about $650 million in client assets under management, SignalPoint represents Farther’s most significant partnership to date, solidifying its reputation as a rapidly growing RIA.

AccountsIQ: Accounting Software Company Buys ExpenseIn

By Amit Chowdhry ● Jan 16, 2025

AccountsIQ, a leading provider of cloud-based accounting software, announced its acquisition of ExpenseIn. This expense management software empowers businesses to take control of their expense and invoice management process. And ExpenseIn, which joins the AccountsIQ Group and will continue trading with its existing name, shares AccountsIQ’s values and customer-centric approach.

Stellex Capital Buying Electrical Services Company ICS Holding

By Amit Chowdhry ● Jan 16, 2025

Stellex Capital Management, a New York-based middle-market private equity firm, announced that it has completed an acquisition of Industrial Construction Services Holding (ICS), a leading provider of electrical services. The financial terms of the transaction were not disclosed.

Speyside Equity Advisers Completes Acquisition Of GSC Technologies

By Amit Chowdhry ● Jan 16, 2025

Speyside Equity Advisers - a private equity firm that invests in middle-market, buyout transactions in the manufacturing and value-added distribution sectors - announced that it has completed the acquisition of GSC Technologies. The deal will enable Speyside's continued investment in GSC and fuel the company's next growth phase. GSC is a leading manufacturer of plastic goods in North America.

eBay To Buy Vehicle Transaction Company Caramel

By Amit Chowdhry ● Jan 16, 2025

eBay announced that it has agreed to acquire Caramel, an end-to-end online automotive transaction solution provider. Caramel's technology platform provides a secure and seamless digital transaction experience that handles all of the complexities of a vehicle sale, including paperwork, ownership transfer, financing, transportation, and more, whether using on Caramel's site or app, through an independent dealer, or via Caramel's multiple marketplace and auction partners.

Telix Buying Therapeutic Assets From ImaginAb For $45 Million

By Amit Chowdhry ● Jan 16, 2025

Telix Pharmaceuticals announced it has entered into an asset purchase agreement with antibody engineering company ImaginAb to buy a pipeline of next-generation therapeutic candidates, a proprietary novel biologics technology platform, and a protein engineering and discovery research facility to enhance existing innovation capabilities.

Lantheus To Buy Life Molecular Imaging For Upfront Payment Of $350 Million

By Amit Chowdhry ● Jan 16, 2025

Lantheus Holdings, a leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, announced a definitive agreement to acquire Life Molecular Imaging in an all-cash transaction consisting of an upfront payment of $350 million and up to an additional $400 million in potential earn-out and milestone payments. And Life Molecular, a Life Healthcare Group Holdings subsidiary, is dedicated to advancing novel Positron Emission Tomography (PET) radiopharmaceutical diagnostics.

DIRECTV Buys Majority Ownership In INVIDI Technologies

By Amit Chowdhry ● Jan 16, 2025

DIRECTV announced it acquired the majority ownership of INVIDI Technologies, a leader in addressable television advertising solutions that increase the value of advertising inventory for programmers and distributors by enabling marketers to target specific audiences on television without wasting ad impressions.