Mergers & Acquisitions

Simplicity Buying RIA Firm Verity Asset Management

By Amit Chowdhry ● Jul 16, 2025

Simplicity Group Holdings, a leading financial products distribution company, has acquired Verity Asset Management, a Registered Investment Advisor based in Durham, NC. Founded in 1996, Verity helps clients maximize and preserve wealth with a client-focused approach. Its leadership team—Gordon Wegwart, Sean McGill, Amy Simonson, and Jeff Munsey—will remain in their roles and become Simplicity partners, working to expand the firm’s client base.

Huntington Bancshares Buying Veritex In $1.9 Billion Deal

By Amit Chowdhry ● Jul 16, 2025

Huntington Bancshares, a leading regional bank holding company based in Columbus, Ohio, has entered into a merger agreement with Veritex Holdings, headquartered in Dallas, Texas. This acquisition aims to enhance Huntington's growth in Texas, particularly in the Dallas/Fort Worth and Houston areas. As of March 31, 2025, Veritex reported approximately $13 billion in assets.

Blink Charging Buying Charging Infrastructure Company Zemetric

By Amit Chowdhry ● Jul 16, 2025

Blink Charging, a global leader in electric vehicle (EV) charging equipment and services, has announced its acquisition of Zemetric, a company known for its customized charging infrastructure solutions for fleets, multi-family properties, and high-traffic destinations. The deal is expected to close on or before July 11, 2025, subject to standard conditions.

Cognition Acquiring Windsurf On The Heels Of Google Deal

By Amit Chowdhry ● Jul 16, 2025

Cognition, the artificial intelligence startup behind the AI coding agent Devin, announced today its acquisition of Windsurf, an AI coding company. This move comes just days after Windsurf's CEO and several other senior employees joined Google.

Creative Planning Onboards $430 Million Team Mosaic Pacific

By Amit Chowdhry ● Jul 16, 2025

Creative Planning, a national investment advisor, has acquired Mosaic Pacific, a Hawaiian financial advisory firm. The deal, finalized on June 30, 2025, adds approximately $430 million in assets under management to Creative Planning's portfolio.

maxon Group: Minority Stake Acquired In Synapticon

By Amit Chowdhry ● Jul 16, 2025

maxon Group, a Swiss-based leader in high-precision drive systems, has acquired a minority stake in Synapticon, a German provider of intelligent motion control solutions with integrated safety features.

Atlas Onboarding Central Wealth Management And Passes $230 Million In AUM

By Amit Chowdhry ● Jul 16, 2025

Atlas, a financial firm focused on modernizing wealth management, has acquired Central Wealth Management (CWM), a Wisconsin-based RIA. This acquisition pushes Atlas's total assets under management past $230 million. CWM will now operate fully under the Atlas brand, maintaining its office in Madison, Wisconsin.

Pronto Buying SafeAI For Multi-Sensor Autonomous Solutions

By Amit Chowdhry ● Jul 16, 2025

Pronto.ai, a leader in autonomous haulage systems (AHS), has acquired SafeAI Inc., a pioneer in multi-sensor autonomous solutions for heavy industry. This acquisition solidifies Pronto's position as the leading provider of autonomous solutions for the off-road sector.

King Risk Partners Expanding With Acquisition Of Cummings Insurance Agency

By Amit Chowdhry ● Jul 16, 2025

King Risk Partners, the 56th largest insurance brokerage in the U.S., has announced its continued expansion in the Southeast by acquiring Cummings Insurance Agency.