Mergers & Acquisitions

S&P Global To Acquire DatacenterHawk, Connecting Global Data Center, Power, And Infrastructure Markets

By Amit Chowdhry ● Jul 31, 2026

S&P Global has entered a definitive agreement to acquire datacenterHawk, a provider of proprietary intelligence for the global data center, fiber optic, and related infrastructure markets.

Carrier To Sell NORESCO To OPTERRA Energy Services

By Amit Chowdhry ● Jul 31, 2026

Carrier Global Corporation has signed a definitive agreement to sell its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. The agreement covers Carrier's energy services and performance contracting business, and the transaction is expected to close shortly, subject to customary conditions.

Nexus Acquires Telemetrix RPM, Extending The Clinical Care Operating System From The Hospital To The Home

By Amit Chowdhry ● Jul 31, 2026

Nexus, formerly Nexus Bedside, has acquired Telemetrix RPM, a remote patient monitoring and chronic care management company. The acquisition closed July 23, 2026, in Cleveland. Financial terms were not disclosed.

Katalyst Strengthens Its Platform With The Acquisition Of Layer27

By Amit Chowdhry ● Jul 31, 2026

Katalyst has acquired Layer27, a Durham, North Carolina-based managed services and cybersecurity provider. The acquisition is Katalyst's first tuck-in acquisition since partnering with e4n in May 2026.

Cloud For Good Acquires StackNexus To Expand State & Local Government Capabilities

By Amit Chowdhry ● Jul 31, 2026

Cloud for Good, a Salesforce consulting partner focused on education, nonprofit, and financial services sectors, has acquired StackNexus, a firm specializing in Salesforce solutions for the state and local public sector. The acquisition expands Cloud for Good's ability to support the transformation of public sector services.

Alma Bank To Acquire American Community Bank

By Amit Chowdhry ● Jul 31, 2026

Alma Bank, American Community Bancorp, Inc. and American Community Bank have entered into a definitive Agreement and Plan of Merger pursuant to which Alma Bank will acquire American Community Bank. Upon completion, American Community Bank will merge into Alma Bank, with Alma Bank continuing as the surviving institution.

ImagineX Acquires Payteros To Strengthen Digital Transformation Capabilities

By Amit Chowdhry ● Jul 31, 2026

ImagineX has acquired Payteros, expanding its capabilities to help enterprise clients modernize, simplify, and scale digital operations. The acquisition combines ImagineX's expertise in AI, strategy, design, and engineering with Payteros' deep digital transformation expertise, bringing together two firms with complementary strengths in advising enterprises on complex technology change. Terms of the transaction were not disclosed.

Raymond James Welcomes $5.4 Billion California Advisor Team

By Amit Chowdhry ● Jul 31, 2026

Raymond James has welcomed financial advisors Cory Matsumoto, Rey Carandang, and Genae Affrunti to Raymond James & Associates, the firm's employee advisor channel. Operating as Capital Reserve Group of Raymond James in Newport Beach, California, the team arrives from Comerica, where they managed $5.4 billion in client assets.

Okta To Acquire Permiso Security

By Amit Chowdhry ● Jul 31, 2026

Okta has signed a definitive agreement to acquire Permiso Security, a cloud-native identity security platform that detects and mitigates threats across human, non-human, and agentic identities in multi-cloud environments. The addition will give the Okta Platform comprehensive identity threat detection and response capabilities.

Bank Of America To Acquire Information Security Consultancy MDSec Consulting Limited

By Amit Chowdhry ● Jul 31, 2026

Bank of America has announced plans to acquire information security specialist MDSec Consulting Limited. The deal is expected to be completed during the fourth quarter of 2026 following regulatory approvals.

Merrill Reportedly Brings In $13 Billion Team From Morgan Stanley’s Graystone Consulting

By Amit Chowdhry ● Jul 31, 2026

Merrill has added a 14-person institutional consulting team from Morgan Stanley's Graystone Consulting business that oversees more than $13 billion in client assets, according to Barron's. The team will operate out of Merrill Private Wealth Management's Boston office and serves ultra-high-net-worth families, corporate executives, entrepreneurs, and retirement plan sponsors across the United States.

Shell Agrees To Sell BG Cyprus Limited

By Amit Chowdhry ● Jul 31, 2026

Shell has agreed to sell BG Cyprus Limited, which holds a 35% non-operated interest in Cyprus Offshore Block 12, containing the Aphrodite gas field in the eastern Mediterranean. All produced gas is expected to be sold to the Egyptian Natural Gas Holding Company.

Asbury Advanced Materials Announces Completion Of Graphit Kropfmühl GmbH Acquisition

By Amit Chowdhry ● Jul 31, 2026

Asbury Advanced Materials has completed its previously announced acquisition of Graphit Kropfmühl GmbH from AMG, marking a significant milestone in the company's evolution as a global advanced materials platform. The combination brings together more than 250 years of collective experience in carbon materials and engineered solutions, uniting two long-established names in the industry under a single ownership structure.

CJ Pony Parts Adds Scott Drake And Brothers Trucks To Its Leading Multi-Brand Restoration Platform

By Amit Chowdhry ● Jul 31, 2026

CJ Pony Parts has acquired the Scott Drake and Brothers Trucks brands from Holley Performance Products. CJ Pony Parts is a portfolio company of Century Park Capital Partners.

LPT Aperture Acquires Speculo To Scale AI-Powered Intent Detection Across Residential Real Estate

By Amit Chowdhry ● Jul 31, 2026

LPT Aperture Holdings has acquired Speculo, the AI-powered database engagement company behind Remi. Speculo helps real estate professionals identify consumer intent within their existing databases. Terms of the transaction were not disclosed.

Nscale Acquires Anyscale, Enhancing Its Full Stack AI Cloud Platform

By Amit Chowdhry ● Jul 31, 2026

Nscale has entered into a definitive agreement to acquire Anyscale, a platform for scaling AI workloads including data processing, training, inference, and reinforcement learning across thousands of GPUs.

Citadel Reportedly Buys Most Of Situational’s Stock Holdings After AI Share Rout

By Amit Chowdhry ● Jul 31, 2026

Situational Awareness, an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner, sold the bulk of its stock portfolio to Ken Griffin's Citadel, according to Reuters. The sale followed heavy losses in the fund's technology holdings, according to Reuters, which cited two sources familiar with the matter.

Sun Auto Network Acquires Integrity Automotive To Expand Pacific Northwest Service Footprint

By Amit Chowdhry ● Jul 31, 2026

Sun Auto Network has acquired Integrity Automotive, an Issaquah, Washington-based provider of vehicle maintenance and repair services. The addition expands Sun Auto's Pacific Northwest network to 25 locations and extends its presence east of the Seattle metropolitan area.

Vida Shoes Acquires Donald Pliner To Expand Premium Fashion-Comfort Footwear Portfolio

By Amit Chowdhry ● Jul 31, 2026

Vida Shoes International has acquired Donald Pliner, including the premium footwear brand's intellectual property and related assets. The transaction closed on July 20, 2026, and financial terms were not disclosed.

American Tungsten And Antimony To Acquire Nevada Refinery And Arizona Mine

By Amit Chowdhry ● Jul 31, 2026

American Tungsten & Antimony has signed an agreement to acquire the Del Sol Refinery in Nevada and the White Spar Antimony Mine in Arizona through a combination of cash and stock. The transaction is intended to support the company's strategy of developing a vertically integrated U.S. supply chain for antimony and tungsten products.

Fanatics To Acquire Exchange And Clearinghouse From BGC

By Amit Chowdhry ● Jul 31, 2026

Fanatics has agreed to acquire Water Street Labs and CX Clearinghouse L.P. from BGC Group. Water Street Labs is a Commodity Futures Trading Commission registered Designated Contract Market. CX Clearinghouse is a CFTC registered Derivatives Clearing Organization.

Tiptree Reveals Book Value Of $907 Million And Acquisition Of Universal Shield Insurance Group For $100 Million

By Amit Chowdhry ● Jul 31, 2026

Tiptree has announced its financial results for the three and six months ended June 30, 2026. The company also announced a definitive agreement to acquire Universal Shield Insurance Group, a specialty property and casualty insurer operating in admitted and excess and surplus markets, for cash consideration of $100 million.

LPL Welcomes $150 Million Advisors Frank Patton and Kimberlee Mott To Balmville Wealth Group

By Amit Chowdhry ● Jul 31, 2026

LPL Financial LLC has announced that advisors Frank Patton and Kimberlee Mott of PacK Financial have joined Balmville Wealth Group. The move came through LPL's broker-dealer and Registered Investment Advisor platforms. They reported serving approximately $150 million in advisory, brokerage, and retirement plan assets and join from Cetera.

Certerra RMA Group Acquires Testing Engineers, Expanding Northern California Presence

By Amit Chowdhry ● Jul 31, 2026

Certerra RMA Group has acquired Testing Engineers, a materials testing laboratory based in San Leandro, California. The deal was announced July 30, 2026. Testing Engineers has served the San Francisco Bay Area for nearly seven decades.

IG Group Agrees To Acquire Underdog For Up To $1.3 Billion

By Amit Chowdhry ● Jul 31, 2026

IG Group Holdings has agreed to acquire Underdog, a leading US daily fantasy sports and prediction markets operator, for total consideration of up to approximately $1.3 billion. Upfront consideration is based on an enterprise value of approximately $1.1 billion, partly settled through the issuance of IG ordinary shares. An earnout of approximately $200 million is payable to Underdog's shareholders. Eligible Underdog employees will separately participate in a management incentive plan capped at $850 million, self-funded from Underdog's earnings. The maximum MIP payout requires Underdog to deliver EBITDA of at least $400 million in 2028 and $700 million in 2029.

Micross To Acquire AEMtec To Expand Advanced Packaging And Optoelectronics In Europe

By Amit Chowdhry ● Jul 30, 2026

Micross Components has entered into a definitive agreement to acquire AEMtec, a provider of advanced packaging, optoelectronics, test and electronic assembly services for high-reliability applications. Financial terms were not disclosed, and the transaction is expected to close in the second half of 2026 following customary regulatory approvals.

PetIQ Acquires MYOS To Expand Pet Muscle Health And Mobility Portfolio

By Amit Chowdhry ● Jul 30, 2026

PetIQ has acquired MYOS Corp and its portfolio of Fortetropin-based animal muscle health products, adding consumer supplements and veterinarian-exclusive formulations to its pet health and wellness platform.

Red Oak And MirrorWeb Combine To Build End-To-End Financial Compliance Platform

By Amit Chowdhry ● Jul 30, 2026

Red Oak and MirrorWeb have entered into a definitive agreement to combine their compliance technology businesses into a single platform governing the creation, distribution, supervision and archiving of regulated financial communications. Financial terms and an expected closing date were not disclosed.

Axxiom Elevator Acquires Carolina Elevator Service To Enter The Carolinas And Georgia

By Amit Chowdhry ● Jul 30, 2026

Axxiom Elevator has acquired Carolina Elevator Service, a Columbia, South Carolina-based provider of commercial elevator maintenance, repair, modernization and installation services. The deal expands Axxiom into South Carolina, North Carolina and Georgia and represents the company's 13th acquisition since its founding.

GTIS Partners And GreyBrick Acquire 67-Unit The Wilson In San Francisco

By Amit Chowdhry ● Jul 30, 2026

GTIS Partners and GreyBrick Partners have acquired The Wilson, a 67-unit apartment property in San Francisco's South of Market neighborhood. The transaction represents the ninth acquisition by the companies' joint venture, which was established to acquire and reposition smaller multifamily properties in downtown San Francisco.