Mergers & Acquisitions

Mercer Acquires $130 Million Firm McConnell Financial Advisors To Expand Presence Across Boise And Sun Valley

By Amit Chowdhry ● Dec 16, 2025

Mercer Global Advisors, Inc., operating as Mercer Advisors, said it has acquired McConnell Financial Advisors, a Boise, Idaho-based boutique financial planning firm with approximately $130 million in assets under management. The deal expands Mercer Advisors’ footprint in Idaho, including its reach across Boise and its growing client base in Sun Valley, and builds on the firm's existing presence in both markets.

Hexagon Acquires IconPro To Add Industrial AI For Remote Asset Monitoring And Predictive Metrology Maintenance

By Amit Chowdhry ● Dec 16, 2025

Hexagon AB has agreed to acquire IconPro, a German industrial AI solutions provider focused on intelligent asset maintenance, as Hexagon looks to expand AI driven monitoring and analytics across its manufacturing install base.

Senzing Acquires Placekey To Expand Open Standard For Location Data Interoperability

By Amit Chowdhry ● Dec 16, 2025

Senzing, a provider of real-time entity resolution technology, has acquired the Placekey service and technology, bringing the open, community-supported identifier standard for places data under Senzing’s ownership. The companies said the transaction aligns with Senzing’s goal of making data more interoperable and easier to connect across organizations and datasets.

WSP To Buy TRC For $3.3 Billion To Build Top U.S. Power And Energy Platform

By Amit Chowdhry ● Dec 15, 2025

WSP Global has agreed to acquire TRC Companies, a U.S.-based engineering and consulting firm known for its Power and Energy franchise, in an all-cash deal valued at US$3.3 billion. WSP said the transaction would expand its capabilities across the full infrastructure lifecycle and elevate the combined business into the largest engineering and design firm in the U.S. by revenue, with roughly 27,000 employees nationwide following closing.

iRobot Agrees To Be Acquired By Lender And Supplier Picea In Chapter 11 Process

By Amit Chowdhry ● Dec 15, 2025

iRobot Corporation, the maker of Roomba consumer robots, said it has entered into a Restructuring Support Agreement with its secured lender and primary contract manufacturer, Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited, collectively referred to as Picea, paving the way for Picea to acquire iRobot through a court-supervised process.

Sobi To Acquire Arthrosi For Up To $1.5 Billion, Adding Phase 3 Gout Asset AR882

By Amit Chowdhry ● Dec 15, 2025

Swedish Orphan Biovitrum AB has signed an acquisition agreement to buy Arthrosi Therapeutics in a transaction valued at up to $1.5 billion, Viva Biotech said. Under the terms disclosed, Sobi will pay $950 million upfront at closing, subject to customary adjustments, plus up to $550 million in contingent consideration tied to future milestones. The companies expect the transaction to close in the first half of 2026.

SK Capital To Invest In Swixx BioPharma In Deal Valued At Over €1.5 Billion

By Amit Chowdhry ● Dec 15, 2025

SK Capital Partners, a New York-based private investment firm focused on life sciences, specialty materials, and ingredients, has reached a definitive agreement through an affiliate to invest in Swixx BioPharma AG as the company looks to accelerate its next phase of growth and global expansion. The transaction values Swixx at more than €1.5 billion.

Amca Acquires Aerospace Control Products To Expand Hydraulic Pressure Switch Portfolio

By Amit Chowdhry ● Dec 15, 2025

Amca, a Los Angeles-based aerospace and defense company, has acquired Aerospace Control Products, Inc. (ACPI), a Davenport, Iowa, manufacturer known for flight-critical pressure and liquid-level switches, as the buyer continues to build out a broader hydraulics-focused components platform. The transaction adds custom pressure measurement capabilities and expands Amca’s presence in hydraulic components used across major commercial aircraft programs.

Philips Agrees To Buy SpectraWAVE To Expand AI-Enabled Coronary Imaging And Physiology Portfolio

By Amit Chowdhry ● Dec 15, 2025

Philips has agreed to acquire SpectraWAVE, a Bedford, Massachusetts-based company developing enhanced vascular imaging and AI-enabled coronary physiology assessment tools. Philips said the deal is intended to strengthen its image-guided therapy business and broaden its offering for interventional cardiology teams treating coronary artery disease.

Why Meta Is Buying AI Wearables Company Limitless

By Amit Chowdhry ● Dec 15, 2025

Meta has acquired Limitless, a company known for an AI-based pendant that records and transcribes real-world conversations, in a deal that underscores CEO Mark Zuckerberg’s growing focus on AI-enabled wearables as a primary way consumers will access AI tools. The terms were undisclosed.

Storen Financial Aligning With Dynasty To Expand Independent Wealth Platform With $500 Million In Client Assets

By Amit Chowdhry ● Dec 15, 2025

Storen Financial has established a strategic alliance with Dynasty Financial Partners to expand its wealth management capabilities, broaden investment opportunities, and streamline operations while maintaining independence. Dynasty said it is welcoming Storen Financial, an Indiana-based comprehensive financial services firm that manages approximately $500 million in client assets and serves more than 5,000 business, tax, and investment clients.

Destination XL And FullBeauty Brands Agree To Merger To Create $1.2 Billion Inclusive Apparel Retailer

By Amit Chowdhry ● Dec 15, 2025

Destination XL Group and FullBeauty Brands have entered into a definitive agreement to combine in a merger of equals that the companies said will create a scaled, category-defining retailer focused on inclusive apparel across plus-size women and Big + Tall men. The deal is structured as an all-stock transaction and is expected to close in the first half of Destination XL’s fiscal year 2026, subject to customary closing conditions and approval by Destination XL shareholders.

UKG To Buy Inova Payroll To Expand Outsourced HR And Benefits Support For SMBs

By Amit Chowdhry ● Dec 15, 2025

UKG has entered into a definitive agreement to acquire Inova Payroll, a U.S.-based human capital management and payroll services provider focused on small and mid-sized businesses. UKG said the transaction will strengthen its ability to directly serve the SMB market with expanded offerings that include outsourced HR support and full benefits brokerage services. The acquisition is subject to customary closing conditions and is expected to close in early 2026.

MAI Capital Management Acquires $527 Million Firm Lowe Wealth Advisors

By Amit Chowdhry ● Dec 15, 2025

MAI Capital Management has acquired Lowe Wealth Advisors, a Columbia, Maryland-based registered investment advisor with $527 million in assets under management, expanding MAI’s presence across the Mid-Atlantic and adding a boutique, family-led advisory firm with deep multigenerational relationships. Terms of the transaction were not disclosed.

Procyon Acquires OLV Investment Group, Adding About $500 Million AUM

By Amit Chowdhry ● Dec 14, 2025

Procyon, an independent registered investment advisory firm headquartered in Shelton, Connecticut, said it has acquired OLV Investment Group, a wealth management firm with multiple locations in Michigan and Texas. Procyon said the transaction adds approximately $500 million in assets under management, extends the firm’s geographic reach into the Midwest and South, and brings seven financial advisors and 13 additional team members onto Procyon’s platform.

Antero Midstream To Buy HG Midstream For $1.1 Billion

By Amit Chowdhry ● Dec 14, 2025

Antero Midstream has struck a pair of deals designed to expand its footprint in the core Marcellus Shale while exiting its Ohio Utica position, announcing a definitive agreement to acquire HG II Energy Midstream Holdings for $1.1 billion in cash and a separate agreement to divest its Ohio Utica Shale midstream assets for $400 million.

Duco Acquires Nurdle AI To Expand Enterprise AI Safety Services

By Amit Chowdhry ● Dec 14, 2025

Duco has acquired the brand and intellectual property of AI data firm Nurdle and appointed Nurdle co-founder and CEO Jeremy Micley as Duco’s chief executive officer, as the company moves to broaden its “expert-in-the-loop” approach to AI safety and security for enterprise deployments.

Lido Advisors Partners With $500 Million RAUM Firm Stuart Chaussée & Associates

By Amit Chowdhry ● Dec 14, 2025

Lido Advisors announced it will partner with Stuart Chaussée & Associates, an independent wealth management firm based in Palos Verdes, California, expanding Lido’s presence in the Los Angeles region and adding capabilities focused on defined-outcome strategies for high-net-worth clients.

Trinity Consultants Buys Meridian Consultants To Expand California CEQA, NEPA, And Land Use Services

By Amit Chowdhry ● Dec 14, 2025

Trinity Consultants has acquired Meridian Consultants, adding a California-based environmental and natural resource planning firm as Trinity continues to broaden its environmental consulting capabilities and deepen its presence in the Western U.S.

Shelton Capital To Buy Stringer Asset Management, Adding $650 Million In Risk-Managed ETF Portfolios

By Amit Chowdhry ● Dec 14, 2025

Shelton Capital Management has agreed to acquire the assets of Stringer Asset Management, a Memphis-based investment firm focused on risk-managed portfolio solutions for financial advisors and their clients. The transaction is expected to bring Shelton’s total assets to more than $7 billion and will preserve Stringer’s full investment team and continuity of strategy.

Everli: $10 Million Loan Facility Secured As It Targets Q1 2026 Public Debut

By Amit Chowdhry ● Dec 14, 2025

Everli Global Inc., the holding company for Italian online grocery marketplace Everli S.p.A., has secured a $10 million loan facility tied to its previously announced business combination agreement with Melar Acquisition Corp I (MACI), providing additional capital as the company moves toward an expected public debut in the first quarter of 2026.

Mollie To Buy GoCardless To Build Unified European Payments And Bank Payment Platform

By Amit Chowdhry ● Dec 14, 2025

Mollie has signed an agreement to acquire bank payment company GoCardless in a deal aimed at creating what the companies describe as Europe’s most complete payment platform, combining card payments, local payment methods, and bank payments under a single provider.

Argo Infrastructure Partners Increases TierPoint Stake As Total Capital Formation Reaches $3 Billion

By Amit Chowdhry ● Dec 14, 2025

Argo Infrastructure Partners increased its ownership in TierPoint after acquiring, on behalf of its managed funds, the equity interests held by the majority of the company’s minority shareholders. The private transaction, which has closed and did not disclose financial terms, further deepens Argo’s backing of TierPoint as demand accelerates for enterprise data center services across the U.S.

DLC Buys $429 Million Multistate Retail Portfolio In Partnership With DRA Advisors

By Amit Chowdhry ● Dec 13, 2025

DLC, a private owner, operator, and third-party manager of open-air shopping centers, has acquired an eight-property retail portfolio spanning five states for $429 million through a joint venture with a fund managed by DRA Advisors. The off-market transaction covers approximately 2.12 million square feet of retail space. And it marks DLC’s first retail investments in both Phoenix, Arizona, and Oklahoma, while expanding its existing presence in Texas and Florida.

Pinterest To Buy tvScientific To Expand Performance Advertising Into Connected TV

By Amit Chowdhry ● Dec 13, 2025

Pinterest announced that it has entered into a definitive agreement to acquire tvScientific, a connected TV performance advertising platform, marking a significant expansion of its performance advertising capabilities into the rapidly growing connected TV market.

TCS Acquires Coastal Cloud In $700 Million Deal

By Amit Chowdhry ● Dec 13, 2025

Tata Consultancy Services has signed a definitive agreement to acquire Coastal Cloud, a leading U.S.-based Salesforce consulting firm, in an all-cash transaction valued at $700 million, significantly expanding its global Salesforce advisory and consulting capabilities and strengthening its AI-led transformation strategy.

Cision Acquires Trajaan To Expand AI-Based Search Intelligence Across Its Platforms

By Amit Chowdhry ● Dec 13, 2025

Cision, a global provider of consumer and media intelligence solutions, has acquired Trajaan, an industry-leading search intelligence platform, to accelerate Cision’s artificial intelligence and data strategy. The acquisition deepens Cision’s ability to deliver predictive insights by combining search behavior, conversational intelligence, and generative AI analytics across its product ecosystem.

Prudent Growth Partners Acquires Baker Cypress Marketplace

By Amit Chowdhry ● Dec 13, 2025

Prudent Growth Partners, a private equity real estate firm headquartered in Chapel Hill and Charlotte, North Carolina, has completed the $5.75 million acquisition of Baker Cypress Marketplace, a 47,364-square-foot retail shopping center located in Houston, Texas. The transaction further expands the firm’s Texas retail footprint. And it aligns with its strategy of acquiring well-located, community-serving retail assets that offer durable cash flow and long-term value creation.

Mercer Onboards $1 Billion Firm Glass Jacobson Wealth To Expand Mid-Atlantic Presence

By Amit Chowdhry ● Dec 13, 2025

Mercer Advisors has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm overseeing approximately $1 billion in assets under management, strengthening its presence across the Mid-Atlantic region and expanding its footprint throughout the Baltimore and Washington, D.C. corridor.

DXP Enterprises Buys Pump Solutions To Deepen Presence In Water And Wastewater Market

By Amit Chowdhry ● Dec 13, 2025

DXP Enterprises has completed the acquisition of Pump Solutions, a Texas-based distributor and service provider focused on the water and wastewater industry, further strengthening DXP’s national footprint in the sector and deepening its presence in its home market of Texas.