Mergers & Acquisitions

Huda Beauty: Kayali Spinning Off Into Standalone Fragrance Company

By Amit Chowdhry ● Feb 22, 2025

Huda Beauty announced that it will sell its ownership in KAYALI, the fragrance business founded by Huda and Mona Kattan in 2018. Since then, KAYALI has become a leading brand in the fragrance category.

Prime Capital Financial Brings In $1 Billion Team Sugarloaf Wealth Management

By Amit Chowdhry ● Feb 21, 2025

Prime Capital Financial announced it has partnered with Sugarloaf Wealth Management, a full-service firm based in Duluth, Georgia, with another office in Athens. And the partnership marks Prime Capital Financial’s first expansion into the Atlanta metro area, enhancing its capabilities with nearly $1 billion in assets under management/advisement (AUM/A) and a team of 13 professionals, including eight CFP Professionals, two MBAs, a CPA, a CIMA, and an AIF.

Tocqueville Asset Management: $1.3 Billion Team Poplar Forest Capital Added

By Amit Chowdhry ● Feb 21, 2025

Tocqueville Asset Management, a 40-year-old investment management firm committed to delivering financial advice and services to families and institutions worldwide, announced that the advisory team at Poplar Forest Capital would join Tocqueville. Poplar Forest Capital has assets of $1.3 billion and it was founded in September 2007 by Dale Harvey, a Capital Group alumnus and portfolio manager, and focuses on long-term and bottom-up, value-oriented strategies.

flyExclusive: Agreement To Buy Jet.AI’s Aviation Business

By Amit Chowdhry ● Feb 21, 2025

flyExclusive, a publicly traded provider of premium jet charter experiences, announced it has entered a definitive agreement to acquire the aviation business of Jet.AI, an innovative private aviation and artificial intelligence company.

Allegion To Buy Door Hardware Company Lemaar

By Amit Chowdhry ● Feb 21, 2025

Allegion, a leading global security products and solutions provider (through one of its subsidiaries), has signed a definitive agreement to acquire Lemaar Australia, a privately held door hardware company based in Victoria, Australia. Subject to customary closing conditions, this deal is expected to close in the first quarter of 2025.

TriMas: Acquisition Of GMT Aerospace Completed

By Amit Chowdhry ● Feb 21, 2025

TriMas announced that it had completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH.

Sanctuary Wealth: $600 Million Team NewSpring Onboarded

By Amit Chowdhry ● Feb 21, 2025

Sanctuary Wealth, a firm that provides elite financial advisors with the flexibility, control, and choice to thrive in an evolving industry, announced it onboarded NewSpring Wealth Partners to its growing network. Launched by wealth advisor Kristin Larson, CFP, CPWA, the Minneapolis-based firm manages nearly $200 million in client assets. Before establishing an independent practice with Sanctuary, Larson spent the past nine years serving clients at UBS.

Bluewater: Sale Of Apex International Energy To United Energy

By Amit Chowdhry ● Feb 21, 2025

Specialist private equity firm Bluewater announced the signing of an agreement to sell Houston-headquartered Apex International Energy (a leading independent player in oil and gas exploration and production in the prolific Egyptian upstream market) to United Energy (MENA) Limited, a wholly-owned subsidiary of the Hong Kong-based United Energy Group Limited.

Valsoft Acquiring Softlinx To Expand Government And Healthcare Presence

By Amit Chowdhry ● Feb 21, 2025

Valsoft, a Canadian company specializing in acquiring and developing vertical market software businesses, announced the acquisition of Softlinx, an industry leader providing secure, HIPAA-compliant cloud fax services, integration, and automation solutions.

New Charter Technologies Buys Orchestrate AI To Advance MSP Services

By Amit Chowdhry ● Feb 21, 2025

New Charter Technologies (a portfolio company of Oval Partners) announced the acquisition of Orchestrate AI Labs, an AI-integration company focused on the future of the MSP. Created by a team of experienced MSP and technology leaders, Orchestrate AI has operated largely in stealth mode, developing innovative solutions to bring the transformative power of frontier AI models into service delivery models.

Crain Communications Buying Industry Media Company Hart Energy

By Amit Chowdhry ● Feb 21, 2025

Crain Communications announced it has agreed to acquire Hart Energy, a leading multi-platform news and information company covering the massive energy sector with industry-leading media brands such as Oil and Gas Investor, E&P and the DUG conferences, and others.

Phenom Buying Resource Management And Talent Mobility Company EDGE

By Amit Chowdhry ● Feb 21, 2025

Phenom, an AI company specializing in HR, announced it acquired EDGE, a leading resource management and talent mobility platform. This acquisition strengthens Phenom’s workforce intelligence solutions for the professional services industry and global capability centers (GCC).

Drata To Buy Trust Center Solution SafeBase

By Amit Chowdhry ● Feb 21, 2025

Drata, a leading Trust Management platform, announced it has entered into a definitive agreement to acquire SafeBase, the leading Trust Center solution for the enterprise. The deal is intended to integrate both companies' shared vision of being the go-to trust layer between companies, driving seamless, transparent relationships with the most comprehensive Trust Management Platform. This deal is expected to close later this month.

Emerald Lake: Sale Of Inno-Pak Announced

By Amit Chowdhry ● Feb 21, 2025

Emerald Lake Capital Management, a middle market private equity firm investing in capital-efficient businesses with sustainable competitive advantages and strong growth prospects in the industrials and services sectors, announced the sale of Inno-Pak, a leading designer, manufacturer, importer and supplier of innovative, eco-friendly packaging for prepared and takeout foods, to Handgards, a portfolio company of Wynnchurch Capital. The terms of the deal were undisclosed.

Fortress Investment Group: £354 Million Acquisition Of Loungers Completed

By Amit Chowdhry ● Feb 21, 2025

Fortress Investment Group announced that funds managed by its affiliates completed the acquisition of Loungers for £354.4 million. The deal became effective in accordance with its terms, and the entire issued and to-be-issued share capital of Loungers is now owned by affiliates of Fortress funds.

Accenture To Buy Germany-Based Management Consulting Firm Staufen

By Amit Chowdhry ● Feb 20, 2025

Accenture has agreed to acquire Staufen, a Germany-based management consulting firm, and its subsidiaries. The deal will expand Accenture’s capabilities in driving operational competitiveness in manufacturing and supply chains, particularly for clients in discrete manufacturing industries, including automotive, aerospace and defense, industrial goods, and medical equipment.

TE Connectivity Buying Richards Manufacturing In $2.3 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

TE Connectivity, a leader in connectors and sensors, announced it has entered into a definitive agreement to buy Richards Manufacturing Co. from funds managed by Oaktree Capital Management and members of the Bier family, long-standing owners and leaders of the business.

nCino Buying Sandbox Banking In Approximate $52.5 Million Deal

By Amit Chowdhry ● Feb 20, 2025

nCino, a leading provider of intelligent and best-in-class banking solutions, announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry. This deal strengthens nCino's ability to enhance data connectivity and streamline operations for banks and credit unions through a leading Integration Platform as a Service (iPaaS) solution for a more intelligent technology platform.

Fox Corporation Buying Red Seat Ventures

By Amit Chowdhry ● Feb 20, 2025

Fox Corporation announced its acquisition of Red Seat Ventures, which is a leading business in the creator economy powering talent across a range of genres as they build their direct-to-consumer media businesses. Red Seat Ventures will be operating as a standalone entity within FOX's Tubi Media Group. And Paul Cheesbrough, CEO of Tubi Media Group, assumes the role of Chairman, Red Seat Ventures.

LegalZoom Buying Formation Nation To Expand Portfolio Of Small Business Solutions

By Amit Chowdhry ● Feb 20, 2025

LegalZoom - a leading online platform for legal services - announced it acquired small business services company Formation Nation. Formation Nation offers services ranging from white-glove business formation and compliance offerings under its Nevada Corporate Headquarters (NCH) business to low-cost business formations under its flagship Inc Authority brand.

Columbus McKinnon Combining With Kito Crosby In $2.7 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

Columbus McKinnon—a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling—announced a definitive agreement under which it will acquire Kito Crosby from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion, subject to customary post-closing purchase price adjustments. The company expects the deal to close later this calendar year, subject to regulatory approvals and satisfactory completion of customary closing conditions.

Duravant To Buy Food Processing And Handling Automation Solutions Company Pattyn

By Amit Chowdhry ● Feb 20, 2025

Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, announced that it entered into a definitive agreement to acquire the Pattyn Group, a designer and manufacturer of automation systems specializing in B2B packaging. And Pattyn is recognized as the premier leader in delivering comprehensive automation solutions and services for bag-in-box packaging applications.

TASKING Buying Code Analysis Platform LDRA

By Amit Chowdhry ● Feb 20, 2025

TASKING announced the acquisition of 100% of LDRA, which is a provider of software tools for code analysis and software testing for safety-, mission-, security-critical markets. And LDRA has been a privately owned company with a team of over 100 employees distributed across the UKS (headquarters), US, India and Germany.

Cain And Ares Enter To Buy Significant Stake In Trent Rockets

By Amit Chowdhry ● Feb 20, 2025

Cain International and Ares Management Credit funds have together entered exclusivity to buy a significant stake in The Hundred franchise Trent Rockets. After a competitive bidding process, Cain and Ares won the auction as the preferred private investors and will now enter an eight-week exclusivity period to finalize legal agreements.

MMS Buying CRO Company Exploristics

By Amit Chowdhry ● Feb 20, 2025

MMS, a data-focused clinical research organization (CRO), announced its acquisition of Exploristics, a leading biostatistics and data science company based in Belfast, Northern Ireland.

Millrose Properties: Acquisition Of Rausch Coleman Homes Land Assets Closed

By Amit Chowdhry ● Feb 20, 2025

Millrose Properties, a first-of-its-kind Homesite Option Purchase Platform for residential homebuilders (HOPP’R), announced that it has completed the previously announced acquisition of approximately 24,000 homesites from Rausch Coleman Homes and simultaneously executed option agreements with Lennar on all acquired homesites.

Yext Acquires Location Intelligences Company Places Scout

By Amit Chowdhry ● Feb 20, 2025

Yext, a leading digital presence platform for multi-location brands, announced the acquisition of Places Scout, an industry-leading location intelligence platform. Used by top experts and enterprise brands, Places Scout delivers real-time and location-based insights to assess performance, track competitors, and optimize visibility across every major search channel. The deal strengthens Yext’s ability to provide best-in-class competitive intelligence, benchmarking, and AI-based insights.

DataRobot Buying Agnostiq For Accelerating Agentic AI Application Development

By Amit Chowdhry ● Feb 20, 2025

DataRobot, a provider of AI that makes business sense, announced it has acquired Agnostiq and its open-source distributed computing platform Covalent. With this acquisition, DataRobot continues accelerating agentic AI application development with advanced computing orchestration and optimization.

Baker Tilly To Buy CPA And Advisory Firm CironeFriedberg

By Amit Chowdhry ● Feb 19, 2025

Leading advisory, tax and assurance firm Baker Tilly announced its intent to buy CironeFriedberg, a highly respected CPA and advisory firm in Connecticut. This strategic deal strengthens Baker Tilly’s presence in the Northeast, creating connections between New York and Boston.

Bluespring Wealth Partners Buys $560 Million Firm Reliant Wealth Planning

By Amit Chowdhry ● Feb 19, 2025

Bluespring Wealth Partners (Bluespring), a leading acquirer of independent RIAs and hybrid wealth management firms, today announced its acquisition of Reliant Wealth Planning, a premier wealth management and financial advisory firm based in Louisville, Kentucky.