Mergers & Acquisitions

Ulta Beauty Buying British Retailer Company Space NK

By Amit Chowdhry ● Jul 15, 2025

Ulta Beauty has acquired Space NK Limited, a prominent British beauty retailer, from Manzanita Capital. The financial terms of the deal were not disclosed.

Amplitude Buying Voice Of Customer Company Kraftful

By Amit Chowdhry ● Jul 15, 2025

Amplitude has acquired Kraftful, an AI-native Voice of Customer (VoC) startup. This acquisition aims to provide teams with a 360-degree view of their customers, enabling them to build better products and digital experiences by combining quantitative user behavior data with qualitative user feedback. This move reinforces Amplitude's position as a comprehensive digital analytics platform.

Composition Wealth Brings In Two Teams And Reaches $9.5 Billion AUM

By Amit Chowdhry ● Jul 15, 2025

Composition Wealth, a national registered investment advisor (RIA), has expanded its reach by adding two advisory teams, bringing in a combined $481 million in assets. This increases Composition Wealth's total assets under management (AUM) to $9.5 billion as of July 3, 2025. The new partnerships include:

Boyd Gaming Selling FanDuel Stake For $1.755 Billion

By Amit Chowdhry ● Jul 15, 2025

Boyd Gaming agreed to sell its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.755 billion in cash.

The Borgman Company Buys West Texas Oil Assets For $31.1 Million

By Amit Chowdhry ● Jul 15, 2025

The Borgman Company (TBC), a privately held Dallas-based giant, has agreed to acquire an undisclosed oil company with producing assets and service infrastructure in West Texas. The $31.1 million transaction significantly expands TBC's presence and resource base in the Permian Basin.

SAI360 Buying Hintbox For Enhancing US Whistleblower Systems

By Amit Chowdhry ● Jul 15, 2025

SAI360, a leader in integrated risk and compliance software, has acquired Lawcode GmbH, the German creators of Hintbox. Hintbox is a next-generation whistleblower hotline and case management platform, widely trusted in the DACH region. This deal aims to significantly modernize the U.S. hotline case management and reporting landscape.

Leonardo Enhances Cybersecurity Offerings With Axiomatics Acquisition

By Amit Chowdhry ● Jul 15, 2025

Leonardo has strengthened its cybersecurity offerings by acquiring Swedish company Axiomatics AB. This move adds a crucial component to Leonardo's Zero Trust portfolio, a cybersecurity model where all system, network, and data access is continuously verified. This approach, integral to Leonardo’s Global Cybersecurity Platform (GCC Platform), enhances cyber observability and proactive threat anticipation.

Zendesk Buying Analytics Platform Company HyperArc

By Amit Chowdhry ● Jul 15, 2025

Zendesk has announced the acquisition of HyperArc, an AI-native analytics platform, to advance its AI-driven customer intelligence significantly. This deal marks a significant step in Zendesk's analytics roadmap, aiming to deliver advanced analytics capabilities for its customers.

TROOPS TO Buy 49% Of WORK

By Amit Chowdhry ● Jul 15, 2025

TROOPS announced its subsidiary, Giant Connection Limited, plans to acquire 49% of WORK, Inc., a co-working space operator in Taiwan, with an option to buy the remaining 51% later.

Sphinx Acquiring Enigma For Enhancing Cybersecurity And Intelligence Solutions

By Amit Chowdhry ● Jul 14, 2025

Sphinx, a developer of Counterintelligence (CI) and cyber tools, announced it has acquired Enigma International. This acquisition significantly enhances Sphinx's ability to protect defense and commercial security clients from advanced threat actors by integrating Enigma's expertise in language and systems development.

Zimmer Biomet To Buy Monogram Technologies In $177 Million Deal

By Amit Chowdhry ● Jul 14, 2025

Zimmer Biomet (a global medical technology leader) has entered a definitive agreement to acquire Monogram Technologies (an orthopedic robotics company) for approximately $177 million in equity value. Monogram stockholders will also receive a non-tradeable contingent value right (CVR) potentially worth up to $12.37 per share based on future milestones. Both companies' boards have unanimously approved the transaction.

QGenda: Acquisition Of New Innovations Revealed

By Amit Chowdhry ● Jul 13, 2025

QGenda (a Hearst company and a leader in healthcare scheduling and optimization software) announced it has acquired New Innovations, the largest provider of residency management software (RMS).

Modern Wealth To Buy Kaye Capital And Pass $8.5 Billion AUM

By Amit Chowdhry ● Jul 13, 2025

Modern Wealth Management has acquired Kaye Capital Management (KCM), a California-based, fee-only RIA with $700+ million in assets under management (AUM) and an additional $300 million in assets under advisement (AUA). This acquisition brings Modern Wealth's total AUM to $8.5+ billion and is its fourth acquisition of 2025.

Aspen Standard Acquiring $880 Million Firm SKY Investment

By Amit Chowdhry ● Jul 13, 2025

Aspen Standard Wealth, a firm specializing in long-term partnerships with independent advisory firms, has announced its acquisition of SKY Investment Group. Based in Hartford, Connecticut, SKY Investment Group is a Registered Investment Advisor (RIA) with $880 million in assets under management (AUM).

F2 Strategy To Buy Aliter Investment Services

By Amit Chowdhry ● Jul 13, 2025

F2 Strategy, a wealth management technology and marketing services company, has acquired Aliter Investment Services, a firm specializing in operations and technology transformation for investment managers and asset servicing providers.

Merck To Buy Verona Pharma In $10 Billion Deal

By Amit Chowdhry ● Jul 13, 2025

Merck has reached a definitive agreement to acquire Verona Pharma, a biopharmaceutical company focused on respiratory diseases, for $107 per American Depository Share (ADS), totaling about $10 billion. Each ADS represents eight ordinary shares of Verona Pharma.

LPL Brings In $870 Million Team Narmi Group

By Amit Chowdhry ● Jul 13, 2025

LPL Financial announced that advisors Charlie Narmi and Theresa Rynaski, CFP, have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch The Narmi Group Investment Management. They manage approximately $870 million in advisory, brokerage, and retirement plan assets and previously worked at Baird.

Procyon Acquiring $600 Million Firm Wooster Corthell Wealth

By Amit Chowdhry ● Jul 13, 2025

Procyon, an independent registered investment advisory firm, has acquired Wooster Corthell Wealth Management, a Connecticut-based firm managing about $600 million in client assets. This deal enhances Procyon’s northeastern presence and increases its total assets under management to around $8 billion.

Carson Group Onboards $608 Million Team Aveo Capital

By Amit Chowdhry ● Jul 13, 2025

Carson Group, a leading wealth advisory firm with more than $42 billion in assets under management, has decisively acquired Aveo Capital, a wealth advisory firm based in Englewood, Colorado, managing around $608 million in assets. Aveo Capital will be rebranded as a Carson Wealth location.

Datavant: Acquisition Of Aetion Completed

By Amit Chowdhry ● Jul 13, 2025

Datavant has completed its acquisition of Aetion, an innovator in real-world evidence (RWE) that assists in healthcare decision-making. Aetion is now part of Datavant’s Life Sciences division.

Ferrero To Buy Kellogg In $3.1 Billion Deal

By Amit Chowdhry ● Jul 10, 2025

Ferrero Group and WK Kellogg announced that they will finalize an agreement under which Ferrero will acquire WK Kellogg for $23 per share, totaling an enterprise value of $3.1 billion.

Credent Wealth Onboards $420 Million Michigan-Based Firm TFG Advisors

By Amit Chowdhry ● Jul 10, 2025

CX Institutional, a fee-only RIA in Indiana, acquired TFG Advisors, a Michigan-based firm with about $420 million in AUM. This marks Credent's second and third Michigan offices, bringing its total AUM close to $4 billion and reinforcing its Midwest presence.

15below Buying Airport AI For Building A Connected Communications Solution For Air Travel

By Amit Chowdhry ● Jul 9, 2025

15below, a leader in automated passenger communications, acquired Airport AI, a conversational AI platform for airports, to unify air travel communications. The integration aims to bridge communication, data, and customer service gaps, improving the passenger experience with real-time, accurate updates.

Datacolor Buying Color Measurement Company TECHKON USA

By Amit Chowdhry ● Jul 9, 2025

Datacolor, a worldwide leader in color management software, instruments, and services, announced it has acquired TECHKON USA, located in Danvers, Massachusetts.

J.S. Held To Buy Restructuring Firm MorrisAnderson

By Amit Chowdhry ● Jul 9, 2025

Global consulting firm J.S. Held announced its acquisition of MorrisAnderson, a leading expert in financial restructuring and operational consulting. This deal expands J.S. Held's capabilities in turnaround, restructuring, bankruptcy, transaction, and dispute advisory services, enabling businesses to address complex challenges and achieve sustainable growth.

Greenlight Networks To Buy Loop Internet

By Amit Chowdhry ● Jul 9, 2025

Greenlight Networks, a fiber-to-the-home internet provider, announced that it has reached a definitive agreement to acquire the assets of Loop Internet, a locally owned fiber internet provider based in Scranton, PA.

Pendo: Acquisition Of Predictive Analytics Platform Forwrd.ai

By Amit Chowdhry ● Jul 9, 2025

Pendo, a software experience management platform, has acquired Forwrd.ai, an Israel-based no-code predictive analytics platform. This technology enables business leaders to create custom AI models for forecasting customer churn, identifying upsell opportunities, and evaluating lead quality, without requiring data scientists or engineers.

AIA Contract Documents: Strategic Growth Investment Raised From WCAS

By Amit Chowdhry ● Jul 9, 2025

Private equity firm Welsh, Carson, Anderson & Stowe (WCAS) announced that it has acquired a majority stake in AIA Contract Documents (ACD), the leading platform for risk management and workflow in the architecture, engineering, and construction (AEC) sectors.

Moog: $63 Million Acquisition Of COTSWORKS

By Amit Chowdhry ● Jul 9, 2025

Moog, a designer and manufacturer specializing in high-performance precision motion and fluid controls, has acquired COTSWORKS for $63 million. COTSWORKS manufactures fiber optic transceiver components for aerospace and defense, and the deal was financed through cash and Moog’s Class A common stock.

Strategic Value Partners: Acquisition Of Red Oak Power

By Amit Chowdhry ● Jul 9, 2025

Strategic Value Partners (SVP), a global investment firm managing approximately $22 billion, will acquire Red Oak Power, an 831-megawatt natural gas-fired plant in Sayreville, New Jersey.