Mergers & Acquisitions

Kian Capital Buying Gardening E-Commerce Company Eden Brothers

By Amit Chowdhry ● Jan 11, 2025

Kian Capital Partners, a lower-middle-market-focused private investment firm, announced that in partnership with management, it completed the acquisition of Eden Brothers, an e-commerce retailer specializing in flower seeds and bulbs for gardening enthusiasts nationwide.

BlueGrace Logistics Buying Transportation Solutions Provider FreightCenter

By Amit Chowdhry ● Jan 10, 2025

BlueGrace Logistics, a leading Third-Party Logistics (3PL) provider operating within North America, announced the acquisition of FreightCenter, an online transportation solutions provider that started 26 years ago. This strategic deal expands BlueGrace’s customer base by integrating FreightCenter’s clients with BlueGrace’s advanced suite of logistics tools and services.

Gilat: $98 Million Acquisition Of Stellar Blu Solutions Completed

By Amit Chowdhry ● Jan 10, 2025

Gilat Satellite Networks - a global leader in satellite networking technology, solutions, and services - announced that it has closed the acquisition of Stellar Blu Solutions, a leading US-based provider of next-generation SATCOM terminal solutions.

Mercer Advisors Entering Bend, Oregon Market By Onboarding Advisors With Over $200 Million

By Amit Chowdhry ● Jan 10, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced it welcomes two distinct financial advisors –Dave Stuehling and John Swanson. Stuehling and Swanson are based in Bend, Oregon, giving Mercer Advisors a strategic presence in one of the nation’s fastest-growing cities.

ONRAD Buying Emergency Imaging And Teleradiology Company Direct Radiology

By Amit Chowdhry ● Jan 10, 2025

ONRAD, a leading radiology services company delivering remote teleradiology final-read impressions across all healthcare settings and full-service radiology solutions for hospitals, announced the acquisition of teleradiology group Direct Radiology from Royal Philips, a global leader in health technology. And the resulting unified organization creates the most significant independent teleradiology provider in the United States. The financial terms of the acquisition were not disclosed.

BWXT To Buy Kinectrics In $525 Million Deal

By Amit Chowdhry ● Jan 9, 2025

BWX Technologies agreed to buy Kinectrics for about $525 million, including the assumption of Kinectrics’ net pension and debt liabilities and estimated transaction expenses. Kinectrics is a leader in offering lifecycle management services for the global nuclear power and transmission and distribution markets and in the production and supply of isotopes for the radiopharmaceutical industry.

Wellful Buying Superfood Company Ancient Nutrition

By Amit Chowdhry ● Jan 9, 2025

Wellful - an omnichannel health and wellness platform and a Kainos Capital portfolio company - announced the acquisition of Ancient Nutrition from VMG Partners, Hillhouse Investment, and other unit holders.

ACON Investments Buying Lifestyle Brand True Religion

By Amit Chowdhry ● Jan 9, 2025

ACON Investments and its affiliates announced the acquisition of a controlling stake in True Religion, a lifestyle, apparel, and accessories brand known for its quality craftsmanship, unique designs, and sophisticated stitching. The financial terms of the transaction were not disclosed.

EP Wealth Advisors Acquiring $1.6 Billion Advisory Firm Executive Wealth Management

By Amit Chowdhry ● Jan 9, 2025

EP Wealth Advisors - a leading fee-only registered investment adviser (RIA) with a growing national footprint - has announced the acquisition of Executive Wealth Management (EWM) in Michigan. This partnership establishes EP Wealth’s first offices in Michigan. It strengthens the firm’s presence in the Midwest while adding approximately $1.6 billion in assets under management (AUM) and bringing EP’s total AUM to over $31 billion.

Renaissance Buying Business Of Consolidated Insurance Agents

By Amit Chowdhry ● Jan 9, 2025

Renaissance, a premier network of independent insurance agencies, announced it has acquired the agency network business of Consolidated Insurance Agents (CIA), an agency group based in Buffalo, N.Y. And the arrangement gives CIA’s 23 members – collectively representing $47 million in premium – the opportunity to utilize the benefits that help Renaissance’s members improve their agency efficiency, drive revenue, and increase profitability.

CoreLogic Buying Construction-Focused Technology Company Prime Ecosystem

By Amit Chowdhry ● Jan 9, 2025

CoreLogic, a leader in property information, analytics, and data-enabled solutions, announced the acquisition of Prime Ecosystem, a prominent technology firm specializing in construction, restoration, and maintenance management platforms in Australia.

Getty Images And Shutterstock Merging In $3.7 Billion Deal

By Amit Chowdhry ● Jan 9, 2025

Getty Images and Shutterstock announced that they entered into a definitive merger agreement to combine in a merger of equals transaction, creating a premier visual content company. This combined company, which would have an enterprise value of approximately $3.7 billion, will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under the ticker symbol GETY.

Mercer Advisors Expanding In Georgia By Acquiring Edward Vance Investment Management

By Amit Chowdhry ● Jan 9, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Edward Vance Investment Management, an investment advisory and financial planning firm. This acquisition strengthens Mercer Advisors’ presence in Georgia, where Mercer Advisors has grown client assets from about $550 million in 2017 to over $4.5 billion now.

1Password Buying SaaS Access Management Company Trelica

By Amit Chowdhry ● Jan 9, 2025

Identity security company 1Password announced the acquisition of Trelica, a modern SaaS access management pioneer. This strategic deal will accelerate the delivery of new capabilities in the 1Password Extended Access Management platform, which secures every sign-in to every app on every device.

Braverman Greenspun Acquires Real Estate Boutique Law Firm Zingman & Associates

By Amit Chowdhry ● Jan 9, 2025

Braverman Greenspun (a leading law firm in condominium, cooperative, and real estate matters in New York for over 50 years) announced that it acquired Zingman & Associates, a real estate boutique law firm with which Braverman Greenspun has a more-than-decade-long association.

Klick Health Acquires Peregrine Market Access

By Amit Chowdhry ● Jan 9, 2025

Klick Health announced it has acquired Peregrine Market Access, which is a leading market access strategy and value communications specialist in life sciences. This acquisition strengthens Klick Health’s position and ongoing investment in the value, access, and reimbursement segments within life sciences commercialization. And Peregrine builds on Klick’s proven market access execution capabilities with its industry-leading access strategy, value communications, and payer insights offerings.

Ryan Specialty To Buy Velocity Risk Underwriters

By Amit Chowdhry ● Jan 9, 2025

Ryan Specialty (a leading international specialty insurance firm) has signed a definitive agreement to acquire Velocity Risk Underwriters from funds managed by Oaktree Capital Management. Based in Nashville, Tennessee, Velocity is a leading managing general underwriter (MGU) providing first-party insurance coverage for catastrophe-exposed properties. It will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.

NXP Semiconductors To Buy TTTech Auto In $625 Million Deal

By Amit Chowdhry ● Jan 9, 2025

NXP Semiconductors - a leader in automotive processing and networking - announced that it has entered into a definitive agreement to buy TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto (based in Vienna, Austria) is a leader in safety-critical systems and middleware for software-defined vehicles (SDVs).

Phillips 66 Buying EPIC NGL In $2.2 Billion Deal

By Amit Chowdhry ● Jan 9, 2025

Phillips 66 announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. And upon the closing of the deal, this transaction is expected to be immediately accretive to earnings per share.

Renovaro To Buy Predictive Oncology in All-Stock Deal

By Amit Chowdhry ● Jan 9, 2025

Renovaro - a pioneer in cancer diagnostics and therapeutics powered by artificial intelligence - announced it has entered into a binding LOI to acquire Predictive Oncology in an all-stock deal.

Cre8tive Technology And Design Buying EpiCenter ERP

By Amit Chowdhry ● Jan 9, 2025

Cre8tive Technology and Design, a leading provider of manufacturing technology solutions, announced it has finalized the acquisition of EpiCenter ERP. This acquisition enhances the company’s operational capabilities with widened service offerings, industry expertise, and a larger team of professional resources.

Eton Pharmaceuticals Acquires Galzin

By Amit Chowdhry ● Jan 9, 2025

Eton Pharmaceuticals, an innovative pharmaceutical company focused on developing and commercializing rare disease treatments, announced that it has acquired Galzin (zinc acetate).

AE Industrial Partners: Sales Of CDI Engineering Solutions To Tata Completed

By Amit Chowdhry ● Jan 8, 2025

AE Industrial Partners - a private equity firm specializing in National Security, Aerospace, and Industrial Services, announced that it has completed the sale of CDI Engineering Solutions (CDI), a leading multi-discipline engineering, procurement, and construction management (“EPCM”) firm to Tata Consulting Engineers (TCE), India’s largest EPCM firm with a global presence.

Waud Capital Partners: Acquisition Of Mopec Group

By Amit Chowdhry ● Jan 8, 2025

Waud Capital Partners - a growth-oriented middle-market private equity firm specializing in the healthcare and software & technology sectors - announced the acquisition of Mopec Group, a vertically integrated, branded supplier of equipment, consumables, and services addressing the needs of the anatomic pathology and other laboratory end-markets. Waud Capital is acquiring Mopec from Blackford Capital, a Michigan-based private equity firm.

Colibri Group: Strategic Acquisition Of Boston Institute Of Finance

By Amit Chowdhry ● Jan 8, 2025

Colibri Group, a professional education company offering flexible online and in-person learning solutions to millions of individuals and business customers through 40+ leading brands, announced the acquisition of Boston Institute of Finance (BIF), a renowned provider of comprehensive financial planning and wealth management education.

Stifel: Acquisition Of Bryan, Garnier & Co. Announced

By Amit Chowdhry ● Jan 7, 2025

Stifel Financial has agreed to buy Bryan, Garnier & Co., a leading independent full-service investment bank focused on European technology and healthcare companies. The terms of the deal were undisclosed.

Varel Energy Acquiring Ace Well Technology

By Amit Chowdhry ● Jan 7, 2025

Varel Energy Solutions (VES) announced it had acquired Ace Well Technology (ACE), an international leader in the supply of oilfield casing, cementing, and completion products. This deal further strengthens VES’s robust portfolio of primary cementing equipment, many of which are uniquely patented technology, while also expanding smart completions offerings that support the offshore and premium market sectors. This combination enables the organization to offer its customers one of the industry’s leading sources of value-driven solutions.

Kinderhook Partners Acquiring Jack Doheny Companies

By Amit Chowdhry ● Jan 7, 2025

Kinderhook Industries announced the acquisition of Jack Doheny Companies, a Northville, Michigan-based lessor and distributor of specialized equipment for use in the environmental, industrial, and utility sectors. The financial terms of the transaction were not disclosed.

Synopsys And Ansys Selling PowerArtist To Keysight

By Amit Chowdhry ● Jan 7, 2025

Ansys and Synopsys announced that Ansys has entered into a definitive agreement for the sale of its PowerArtist business to Keysight Technologies, a global leader in design and simulation software for semiconductors, electronics and high-performance systems. The deal is subject to customary closing conditions, such as review by regulatory authorities and the closing of Synopsys' proposed acquisition of Ansys, pending regulatory approvals, and is expected to close in the first half of 2025. Ansys and Synopsys found that the sale of PowerArtist was necessary to obtain regulatory approval for Synopsys' proposed acquisition of Ansys.

Paychex To Buy Paycor In $4.1 Billion Deal

By Amit Chowdhry ● Jan 7, 2025

Paychex - a leading human capital management (HCM) company delivering a suite of technology and advisory solutions in human resources, employee benefits solutions, insurance, and payroll - announced today it has entered into a definitive agreement to buy Paycor HCM, a leading provider of HCM, payroll and talent software in an all-cash transaction for $22.50 per share, representing an enterprise value of about $4.1 billion. This agreement has been approved by the Boards of Directors of both companies.