Mergers & Acquisitions

Kestra Onboards $866 Million Firm Ascend Private Wealth Partners

By Amit Chowdhry ● Oct 27, 2025

Kestra Private Wealth Services (Kestra PWS), a registered investment adviser arm of Kestra Financial, announced that $866 million firm Ascend Private Wealth Partners (Ascend) has formally joined its platform. Ascend, led by financial advisors David Barnett, CFP, and Ashley Ament, is based in Scottsdale, Arizona, and focuses on delivering personalized financial strategies spanning investment management to tax planning.

FalconX Buying Crypto Investment Company 21Shares

By Amit Chowdhry ● Oct 27, 2025

Institutional digital asset prime brokerage FalconX announced it has agreed to acquire the crypto-ETP/ETF leader 21shares, a strategic transaction intended to combine FalconX’s trading infrastructure with 21Shares’ product suite and global distribution. The move highlights FalconX’s ambition to converge listed markets and digital assets while expanding its presence across the US, Europe, and Asia-Pacific.

Novartis Buying Avidity Biosciences In $12 Billion Deal

By Amit Chowdhry ● Oct 26, 2025

Biopharmaceutical company Avidity Biosciences has entered into a definitive merger agreement with Novartis, pending customary closing conditions and the planned separation of Avidity’s early-stage precision cardiology programs into a new publicly-traded entity. Under the terms of the deal, Avidity shareholders will receive $72 per share in cash, valuing the company at approximately $12 billion on a fully diluted basis.

Chemstream And Synthex Organics Announce Strategic Merger

By Amit Chowdhry ● Oct 26, 2025

Chemstream, a provider of advanced chemical manufacturing and distribution for the energy and industrial sectors, announced its merger with Synthex Organics, a specialist in high-quality specialty chemical products for the pulp and paper, energy, and mining industries. The combined company will operate under the Chemstream name to strengthen its standing as one of North America’s most innovative and integrated chemical solution providers.

Northwest Biotherapeutics: Acquisition Of Advent BioServices Finalized For Enhancing Manufacturing Scale And Integration

By Amit Chowdhry ● Oct 26, 2025

Northwest Biotherapeutics, a biotechnology company focused on developing personalized immune therapies for solid tumor cancers, announced that it has completed the acquisition of Advent BioServices. With the deal now closed, Advent becomes a wholly owned subsidiary of Northwest Biotherapeutics (NWBio).

BAM Capital Buys Hayden Flats In Bloomington, Indiana

By Amit Chowdhry ● Oct 26, 2025

BAM Capital, a leading multifamily syndication firm based in Indianapolis, has announced the acquisition of Hayden Flats, a newly built, Class A apartment community located in Bloomington, Indiana. Completed in 2023, the acquisition marks a significant addition to BAM Capital’s portfolio and serves as the inaugural asset in the firm’s latest investment vehicle, the BAM Multifamily Growth Fund V.

Chugai Pharmaceutical To Buy Renalys Pharma, Expanding Kidney Disease Portfolio Across Asia

By Amit Chowdhry ● Oct 25, 2025

Chugai Pharmaceutical has agreed to acquire Renalys Pharma, a Tokyo-based biotechnology company focused on advancing treatments for chronic kidney disease. The acquisition, which grants Chugai exclusive rights to develop and commercialize the kidney drug sparsentan in Japan, South Korea, and Taiwan, represents a major step forward in expanding access to innovative renal therapies across Asia.

GigaCloud To Buy New Classic Home Furnishings For $18 Million

By Amit Chowdhry ● Oct 25, 2025

GigaCloud Technology, a pioneer in end-to-end B2B technology solutions for large parcel merchandise, has announced its entry into a binding term sheet to acquire 100% of the outstanding equity of New Classic Home Furnishings for $18 million.

Lilly To Buy Adverum Biotechnologies For Up To $260+ Million

By Amit Chowdhry ● Oct 25, 2025

Eli Lilly and Company has announced a definitive agreement to acquire Adverum Biotechnologies, a clinical-stage biotechnology firm pioneering intravitreal gene therapy for ocular diseases. The deal is centered around Adverum’s lead product candidate, Ixo-vec, a Phase 3 gene therapy designed to treat wet age-related macular degeneration (wAMD) with a single intravitreal injection.

Centerbridge Partners: Acquisition of MeridianLink Completed

By Amit Chowdhry ● Oct 25, 2025

Global investment firm Centerbridge Partners has completed the acquisition of MeridianLink, a leading provider of software platforms for financial institutions and consumer reporting agencies. The deal includes a minority investment from Silversmith Capital Partners and it transitions MeridianLink from a publicly traded company to a privately held enterprise.

Gravity Buying Cityspan To Build A Fully Integrated Fintech Platform for Governments

By Amit Chowdhry ● Oct 25, 2025

Gravity, a leading disclosure and budgeting automation company for the public sector, has announced the acquisition of Cityspan, a provider of cloud-based grants management and performance measurement systems. The deal marks a major expansion in Gravity’s mission to deliver an end-to-end financial management solution for governments, connecting budgeting, reporting, grants, and citizen engagement through a single unified platform.

Produce Investments Buys Biofresh Safestore To Enhance Its Agri-Tech And Crop Storage Technology Portfolio

By Amit Chowdhry ● Oct 25, 2025

Produce Investments (PI), a UK-based company specializing in potato production, crop storage, and agricultural technology, has announced the acquisition of Biofresh Safestore, a long-established leader in fixed crop management systems. The acquisition marks a significant step in PI’s ongoing strategy to expand its technology portfolio and reinforce its position as an innovation leader in sustainable post-harvest solutions.

Partners Group Exiting Minority Stake In Apex Logistics In $4 Billion Deal

By Amit Chowdhry ● Oct 24, 2025

Partners Group, one of the world’s largest private markets investment firms, announced that it has agreed to sell its 24.9% stake in Apex Logistics to majority shareholder Kuehne+Nagel, one of the leading global logistics companies. The deal values Apex at more than $4 billion in enterprise value. It represents a complete exit for Partners Group on behalf of its clients, generating a strong return since its initial investment in 2021. The deal is expected to close in 2025, pending customary approvals.

Piper Sandler Buying MENA Growth Partners To Expand In Middle East

By Amit Chowdhry ● Oct 24, 2025

Piper Sandler announced that it has entered into a definitive agreement to acquire MENA Growth Partners, an Abu Dhabi–based merchant bank. The acquisition will establish Piper Sandler’s strategic investment banking hub in the Gulf Cooperation Council (GCC) region, significantly strengthening its presence across the Middle East.

Findhelp Buying Uno Health For Benefit Enrollment And Social Care Coordination

By Amit Chowdhry ● Oct 24, 2025

Findhelp, a leading social care technology company, has announced its acquisition of Uno Health, a digital enrollment platform specializing in government benefits. The combination establishes the first fully integrated platform capable of managing eligibility, enrollment, recertification, and social service coordination through one longitudinal record—modernizing how millions of Americans access essential programs like Medicaid and SNAP.

Cascade Services Buying East Coast Mechanical To Expand Florida Presence

By Amit Chowdhry ● Oct 24, 2025

Cascade Services, a leading residential services platform specializing in HVAC, plumbing, and electrical solutions, announced its 10th acquisition in Florida—and 13th overall—with the purchase of East Coast Mechanical (ECM) from Air Pros Solutions. The acquisition marks another significant step in Cascade’s growth strategy to expand its footprint across the Gulf States and strengthen its network of home service providers.

ASUENE USA Completing Acquisition Of Iconic Air To Enhance Leadership In Carbon And Methane Tracking

By Amit Chowdhry ● Oct 24, 2025

ASUENE, a leading global climate-tech company, announced that its U.S. subsidiary, ASUENE USA, has completed the acquisition and integration of Iconic Air, a U.S.-based SaaS company specializing in greenhouse gas (GHG) emissions monitoring and methane leak detection. This acquisition strengthens ASUENE’s foothold in the North American market and significantly enhances its data-driven decarbonization capabilities, particularly across the oil and gas sector.

OpenAI Buying Sky Maker Software Applications

By Amit Chowdhry ● Oct 24, 2025

OpenAI announced that it has acquired Software Applications Incorporated, the company behind Sky, a natural language interface for macOS designed to bring AI assistance directly into users’ daily workflows. The acquisition aims to enhance ChatGPT’s integration with desktop environments and improve how people interact with AI on their computers.