Mergers & Acquisitions

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.

ParkHub Buys ElimiWait For Expanding Parking Solutions Portfolio

By Amit Chowdhry ● Feb 19, 2025

ParkHub, a leading North American provider of parking software solutions, announced the acquisition of ElimiWait, a software platform specializing in valet parking operations. And this strategic acquisition reinforces ParkHub’s position as the most comprehensive parking solutions provider in North America by incorporating ElimiWait’s innovative valet management tools into its product suite.

Quadshift: $23 Million Growth Equity Raised To Advance Acquisitions Of Leading Software Companies

By Amit Chowdhry ● Feb 19, 2025

Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.

Mercer Advisors Brings In $600 Million Financial Partners Group Team

By Amit Chowdhry ● Feb 19, 2025

Mercer Global Advisors, a national Registered Investment Adviser (RIA), announced the acquisition of Financial Partners Group (FPG), which is an investment advisory and financial planning firm based in Gallatin, Tennessee.

AmeriPro Health Acquires Priority Medical Transport

By Amit Chowdhry ● Feb 19, 2025

AmeriPro Health, an Atlanta-based leading provider of patient logistics and last-mile healthcare delivery services with operations in multiple states, announced it acquired Priority Medical Transport, a well-established emergency medical services provider in Nebraska.

LPL Brings In $600 Million Charter Oak Wealth Partners Team

By Amit Chowdhry ● Feb 19, 2025

LPL Financial announced that the advisors at Charter Oak Wealth Partners have joined LPL Financial’s broker-dealer, RIA, and custodial platforms, which are aligned with the existing firm Academy Financial. They reported serving approximately $600 million in advisory, brokerage, and retirement plan assets and joined LPL from Osaic.

ArcLight: $865 Million Acquisition Of Strategic Pipeline Revealed

By Amit Chowdhry ● Feb 19, 2025

ArcLight Capital Partners and affiliates announced that they have completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline (GCX) for $865 million from an affiliate of Phillips 66. Going forward, GCX will be jointly owned by subsidiaries of Kinder Morgan and affiliates of ArcLight. And a subsidiary of KMI will continue operating GCX.

CoStar Group Buying Agricultural Data Company Ag-Analytics

By Amit Chowdhry ● Feb 18, 2025

CoStar Group - a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets - announced that it has acquired agricultural data company Ag-Analytics.

Silver Lake And GIC Complete The Zuora Acqusition

By Amit Chowdhry ● Feb 18, 2025

Zuora - a leading monetization platform for modern business - announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC for $10 per share in cash. And with the completion of the acquisition, Zuora’s Class A common stock will cease trading and the company will no longer be listed on the New York Stock Exchange.

India-Based PE Firm Multiples Acquires Controlling Stake Of QBurst For $200 Million

By Amit Chowdhry ● Feb 17, 2025

Multiples Alternate Asset Management and its co-investors announced it signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform QBurst. This deal, with an investment of $200 million, marks Multiples' most significant control investment in technology services.

Sitemetric: Construction-Focused Management Solutions Company Raises Funding From Gemspring Capital

By Amit Chowdhry ● Feb 15, 2025

Gemspring Capital Management (a middle-market private equity firm) announced a strategic investment in Houston-based Sitemetric. Sitemetric is a leading provider of jobsite security, safety, and workforce management solutions for the construction industry.

Globus Medical To Buy Nevro In $250 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Globus Medical (a leading musculoskeletal solutions company) and Nevro (a global medical device company that delivers comprehensive and life-changing solutions for the treatment of chronic pain) announced they have entered into a definitive agreement for Globus Medical to acquire all shares of Nevro in an all-cash deal.

Hyatt To Buy Playa Hotels In $2.6 Billion Deal

By Amit Chowdhry ● Feb 15, 2025

Hyatt Hotels announced that the hotel company has entered into an agreement to buy all outstanding shares of Playa Hotels & Resorts N.V. for $13.50 per share, or about $2.6 billion, including approximately $900 million of debt, net of cash. And Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica and Hyatt is currently the beneficial owner of 9.4% of Playa’s outstanding shares.

Cotiviti To Buy Healthcare Data Interoperability Company Edifecs

By Amit Chowdhry ● Feb 15, 2025

Cotiviti, a leader in data-driven healthcare solutions, announced it has entered into an agreement to acquire Edifecs, a pioneer in healthcare data interoperability. This combined platform will enhance connectivity between payers and providers, enable increased collaboration in the delivery of care, and accelerate deployment of value-added solutions in the healthcare system.

Teladoc Health To Buy Catapult Health In $65 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Teladoc Health (a global leader in virtual care) has signed a definitive agreement to buy Catapult Health, a leading provider of virtual preventive care services. And the company plans to utilize Catapult Health’s innovative approach to patient-centric at-home diagnostic testing, and its high-touch engagement and clinical support model, to complement Teladoc Health’s industry-leading suite of integrated solutions.

McKesson To Buy 80% Of PRISM Vision For $850 Million

By Amit Chowdhry ● Feb 15, 2025

McKesson announced that it signed a definitive agreement to buy an 80% controlling interest for about $850 million in PRISM Vision Holdings, a provider of general ophthalmology and retina management services, from Quad-C. PRISM Vision physicians will retain a 20% interest in the company.

DocGo Buying Mobile Lab Collection Services Company PTI Health

By Amit Chowdhry ● Feb 14, 2025

DocGo, a provider of technology-enabled mobile health services, announced the acquisition of PTI Health, which is a mid-Atlantic mobile lab collection and phlebotomy services company.

FactSet Buying LiquidityBook In $246.5 Million Deal

By Amit Chowdhry ● Feb 14, 2025

FactSet, a financial digital platform and enterprise solutions provider, announced the acquisition of LiquidityBook for a gross purchase price of $246.5 million in cash.

NXP To Buy Edge AI Pioneer Kinara

By Amit Chowdhry ● Feb 14, 2025

NXP Semiconductors announced it entered a definitive agreement to buy Kinara, an industry leader in high-performance, energy-efficient, and programmable discrete neural processing units (NPUs). And these devices enable a wide range of edge AI applications, including multi-modal generative AI models. This acquisition will be an all-cash transaction valued at $307 million and is expected to close in the first half of 2025, subject to customary closing conditions, including regulatory clearances.

Steve Madden To Buy Kurt Geiger In £289 Million Deal

By Amit Chowdhry ● Feb 13, 2025

Steve Madden (a leading designer and marketer of fashion footwear, accessories, and apparel) announced that it has entered into a definitive agreement to buy UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of about £289 million in cash.

Rezolve Ai To Buy Commerce Site Search And Merchandising Company GroupBy

By Amit Chowdhry ● Feb 13, 2025

Rezolve Ai - a leader in AI-driven commerce solutions - announced that it has entered into a purchase agreement to buy GroupBy, a leader in enterprise-grade site search, product discovery, and merchandising solutions. This acquisition's completion is subject to the fulfillment or waiver of standard closing conditions. And this move will reinforce Rezolve Ai’s position as a leader in transforming digital commerce experiences.

LPL Onboards $1.3 Billion Bruen Wealth Management Team

By Amit Chowdhry ● Feb 13, 2025

LPL Financial announced that father and son financial advisors William “Bill” Bruen, Jr., and Andrew Bruen had joined LPL Financial’s broker-dealer, aligned with existing firm Paradigm Partners. The Bruens reported serving about $1.3 billion in advisory, brokerage, and retirement plan assets* and joined LPL from UBS.

Novartis Buying Anthos From Blackstone For Up To $3.1 Billion

By Amit Chowdhry ● Feb 12, 2025

Blackstone Life Sciences and Anthos Therapeutics (a transformative, clinical-stage biopharmaceutical company developing innovative therapies for the treatment of cardiometabolic diseases) announced that the company has entered into an agreement with Novartis to buy Anthos for up to $3.1 billion.

Gemspring Capital Acquires Haircare And Skincare Products Company Creative Labs

By Amit Chowdhry ● Feb 12, 2025

Gemspring Capital Management, a middle-market private equity firm, announced that an affiliate acquired Creative Labs and United Hair Care in partnership with the company’s CEO Brett Simmons. Creative Labs manufactures and develops branded and contract-manufactured haircare and skincare products. The financial terms of the transaction were not disclosed.