Mergers & Acquisitions

Mercer Advisors Brings In $583 Million Vishria Bird Team

By Amit Chowdhry ● Apr 4, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Vishria Bird Financial Group, a Memphis-based financial planning and advisory firm. This deal further enhances Mercer Advisors' footprint in Tennessee, complementing its existing offices in the Nashville area.

EP Wealth Advisors Bringing In $660 Million Team Peninsula Wealth

By Amit Chowdhry ● Apr 4, 2025

EP Wealth Advisors - a leading fee-only registered investment adviser (RIA) with a growing national footprint - announced its partnership with Peninsula Wealth in San Francisco, CA. This strategic deal enhances EP Wealth’s ability to serve clients in Northern California while adding more than $660 million in assets under management (AUM).

Marsh McLennan Agency Buying Arthur Hall Insurance

By Amit Chowdhry ● Apr 4, 2025

Marsh McLennan Agency (MMA)—a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada—announced the acquisition of Arthur Hall Insurance, a full-service insurance agency based in West Chester, Pennsylvania. Terms of the acquisition were not disclosed.

LPL Onboards $450 Million Team Horizon Capital Advisors

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that eight financial advisors with Horizon Capital Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And they reported serving approximately $450 million in advisory, brokerage and retirement plan assets and join LPL from Osaic.

Wealth Enhancement Brings In $581+ Million Team From First International Bank & Trust

By Amit Chowdhry ● Apr 3, 2025

Wealth Enhancement, a national independent wealth management firm focused on enriching clients' lives, announced it has acquired the Wealth Services Division of First International Bank & Trust, headquartered in Watford City, North Dakota. The team oversees $581+ million in client assets and will transition to affiliate Wealth Enhancement Trust Services.

MDA Space Buying SatixFy Communications In $193 Million Deal

By Amit Chowdhry ● Apr 3, 2025

MDA Space (a mission partner to the rapidly expanding global space industry) and SatixFy Communications (a leader in next-generation satellite communication solutions based on in-house-designed chipsets) announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for $2.10 per share.

Duke Health Completes $284 Million Deal For Lake Norman Regional Medical Center

By Amit Chowdhry ● Apr 3, 2025

Duke Health announced it has finalized its $284 million acquisition of Lake Norman Regional Medical Center (LNRMC) and related businesses in Mooresville, N.C., assuming operations on April 1. The hospital was renamed Duke Health Lake Norman Hospital during a brief ceremony.

Law Firms Phelps And Beggs & Lane To Combine

By Amit Chowdhry ● Apr 3, 2025

Phelps announced that on May 1, 2025, it will combine with Beggs & Lane, the oldest law firm in Pensacola, Florida. Operating as Phelps, this combination will expand the super-regional law firm to over 425 lawyers in 17 offices.

Raymond James Onboards $740 Million Alaska-Based Advisor Team

By Amit Chowdhry ● Apr 3, 2025

Raymond James recently brought in a team of five financial advisors to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Juneau, Alaska as announced by Dominic Prioli, Central regional director for RJA.

LPL Brings In $600 MIllion FA Austin Greer

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that financial advisor Austin Greer, CRPS, has joined LPL’s employee advisor channel Linsco by LPL Financial, to launch Oxford Oaks Capital of LPL Financial. And he reported serving approximately $600 million in advisory, brokerage and retirement plan assets and joins LPL from UBS.

Providence Equity Partners Buying Tax Systems From Bowmark Capital

By Amit Chowdhry ● Apr 3, 2025

Providence Equity Partners - a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies - announced the acquisition of Tax Systems (global tax and accounting software provider) from Bowmark Capital, the mid-market private equity firm specializing in technology, data, and service companies. And Providence’s investment will support Tax Systems’ continued platform expansion and innovation, targeting new tax and regulatory compliance solutions in existing and new geographies.

JM Test Systems Acquiring Alabama Scale & Instrument

By Amit Chowdhry ● Apr 3, 2025

JM Test Systems - a leading provider of test equipment solutions and calibration services - announced the acquisition of Alabama Scale & Instrument (ASI), expanding its presence in the Southeast and enhancing its capabilities in test equipment services.

Rocket Companies Buying Mr. Cooper In $9.4 Billion Deal

By Amit Chowdhry ● Mar 31, 2025

Detroit-based Rocket Companies announced a definitive agreement to acquire Mr. Cooper Group in an all-stock transaction for $9.4 billion in equity value, based on an 11x exchange ratio.

Elon Musk Merging Portfolio Companies xAI And X In $33 Billion Deal

By Amit Chowdhry ● Mar 29, 2025

xAI, the artificial intelligence company founded by Elon Musk, has acquired X - which is the social media company formerly known as Twitter that is also owned by Elon Musk. This deal was valued at $33 billion in an all-stock deal. Musk said that this deal values xAI at $80 billion and X at $33 billion ($45 billion minus $12 billion of debt).

Everyday Health Group Acquiring theSkimm

By Amit Chowdhry ● Mar 28, 2025

Everyday Health Group - a division of Ziff Davis - announced the acquisition of theSkimm, a media brand and suite of products delivering high-value content to millions of millennial and Gen Z female readers. Co-founded in 2012 by then-news producers Danielle Weisberg and Carly Zakin, theSkimm initially launched as an email newsletter. Then, it grew into a suite of products reaching millions of multi-generational women today.

Apollo Funds Buying Majority Stake In OEG Energy

By Amit Chowdhry ● Mar 28, 2025

Apollo announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG Energy Group, a leading offshore energy solutions business, from funds managed by the Power Opportunities strategy of Oaktree Capital Management and other investors. The deal implies a headline valuation of over $1 billion for OEG, and Oaktree and others will retain a minority equity interest.

Infinite Reality Buying Napster In $207 Million Deal

By Amit Chowdhry ● Mar 28, 2025

Infinite Reality (iR), a digital media and e-commerce company with extended reality (XR), artificial intelligence (AI), and other immersive technologies, announced it has entered into a definitive agreement to acquire the iconic online music brand Napster for $207 million.

Yottaa Buying Web Performance Consulting Company SpeedSense

By Amit Chowdhry ● Mar 25, 2025

Yottaa, a leading provider of digital experience optimization solutions for eCommerce, announced the acquisition of SpeedSense, a pioneer in web performance consulting and creator of Sensai technology.

QXO To Buy Beacon Roofing Supply For $11 Billion

By Amit Chowdhry ● Mar 20, 2025

QXO and Beacon Roofing Supply announced that they have entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash. Beacon is a leading distributor of roofing, waterproofing and exterior products, with nearly 600 branches across the U.S. and Canada.

Kraken To Buy NinjaTrader For $1.5 Billion

By Amit Chowdhry ● Mar 20, 2025

Kraken, which is one of the most longest-standing, liquid, and secure crypto platforms serving over 15 million clients globally, announced it has entered into an agreement to acquire NinjaTrader, which is the leading U.S. retail futures trading platform, for $1.5 billion, subject to certain purchase price adjustments.

JSI Buying Contact Center Services Company LogicomUSA

By Amit Chowdhry ● Mar 19, 2025

Stone-Goff Partners (SGP), a lower middle-market private equity firm investing in technology-driven business-to-business service companies, announced the acquisition of LogicomUSA, a premier provider of voice, network, and 24/7 contact center services to broadband providers and electric cooperatives nationwide, by SGP portfolio company JSI.

Wabtec Buying Dellner Couplers For $960 Million In Cash

By Amit Chowdhry ● Mar 19, 2025

Wabtec agreed to buy Dellner Couplers, a global leader in highly engineered safety-critical train connection systems and services for passenger rail rolling stock. The acquisition brings highly attractive and complementary technologies to Wabtec and positions the company for accelerated, profitable growth while strengthening its portfolio of passenger rail systems.

Clario Buying Imaging Analysis Company NeuroRx

By Amit Chowdhry ● Mar 19, 2025

Clario - a leading provider of endpoint data solutions to the clinical trial industry - announced they have acquired NeuroRx, a leader in imaging analysis with expertise in multiple sclerosis.

Merit Buys $1.6 Billion Firm Sanctuary Wealth Management

By Amit Chowdhry ● Mar 19, 2025

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management solutions for high-net-worth individuals, families, and those navigating life transitions, announced it has acquired Sanctuary Wealth Management and Fiduciary Services (FS). This deal enables Merit to establish a presence in Idaho and grow its assets collectively by $1.6 billion.

JLL Income Property Trust: Richmond Distribution Center Acquired For About $40.7 Million

By Amit Chowdhry ● Mar 18, 2025

JLL Income Property Trust, an institutionally managed daily NAV REIT with around $6.6 billion in portfolio equity and debt investments, announced the acquisition of Richmond Distribution Center, a Class A industrial building located in Richmond, VA, for a purchase price of about $40.7 million.

Integrated Partners: $331 Million Prout Financial Design Team Onboarded

By Amit Chowdhry ● Mar 18, 2025

Integrated Partners - a national financial planning and registered investment advisory (RIA) firm serving over $21.3 billion in assets under advisement (AUA) - announced that Prout Financial Design has joined its growing network. And the Traverse City, Michigan-based advisory firm, which oversees over $331 million in AUA, will utilize Integrated’s investment management platform and succession planning support to drive future growth and continuity.

Investcorp Buying Majority Stake In Miebach

By Amit Chowdhry ● Mar 18, 2025

Global alternative investment firm Investcorp announced it has signed a definitive agreement to buy a majority stake in Miebach Logistik Holding GmbH, a leading global supply chain and logistics consultancy services provider. Following the deal, Miebach’s existing equity partnership will retain a significant minority stake in the Company. The terms of the transaction were not disclosed.

PartnerOne Buying NetWitness From RSA

By Amit Chowdhry ● Mar 18, 2025

PartnerOne, which is one of the fastest growing enterprise software conglomerates, announced it has successfully acquired NetWitness from RSA.

AstraZeneca To Buy EsoBiotec For Up To $1 Billion

By Amit Chowdhry ● Mar 18, 2025

AstraZeneca announced it has entered into a definitive agreement to acquire EsoBiotec, a biotechnology company pioneering in vivo cell therapies with promising early clinical activity. And the EsoBiotec Engineered NanoBody Lentiviral (ENaBL) platform enables the immune system to attack cancers and could offer many more patients access to transformative cell therapy treatments delivered in just minutes rather than the current process which takes weeks.

Banyan Software: Interview With CEO David Berkal About The Enterprise Acquisition Company

By Amit Chowdhry ● Mar 18, 2025

Banyan Software provides a home for successful enterprise software businesses, their employees, and customers to preserve the legacy of founders while helping grow the business into the future. Pulse 2.0 interviewed Banyan Software CEO David Berkal to learn more about the company.