Mergers & Acquisitions

Global Net Lease To Acquire Modiv Industrial In $535 Million Transaction

By Amit Chowdhry ● May 7, 2026

Global Net Lease (GNL) announced it has entered into a definitive merger agreement to acquire Modiv Industrial in an all-stock transaction valued at approximately $535 million in enterprise value.

Mercer Advisors Acquires $100 Million Firm Eagleson Arndt Financial Advisors

By Amit Chowdhry ● May 7, 2026

Mercer Global Advisors has acquired Eagleson Arndt Financial Advisors, a Thousand Oaks, California-based women-led wealth management firm with approximately $100 million in assets under management. The acquisition expands Mercer Advisors' presence in Ventura County and the broader Greater Los Angeles region.

Willdan Group: Commercial Energy Expansion Accelerates With Burton Energy Group Acquisition

By Amit Chowdhry ● May 7, 2026

Willdan Group announced the acquisition of Burton Energy Group, an energy management consulting and solutions provider headquartered near Atlanta, significantly expanding Willdan’s commercial energy capabilities and strengthening its presence across the Southeast and Midwest.

Lumen Technologies: $475 Million Alkira Acquisition Advances AI-Era Networking Platform

By Amit Chowdhry ● May 7, 2026

Lumen Technologies announced an agreement to acquire Alkira for $475 million in cash, a move designed to accelerate the company’s digital platform strategy and expand its cloud-native networking capabilities for enterprise customers operating in hybrid and multi-cloud environments.

PLP Acquires Delta Star Conetores Elétricos To Expand Global Substation Portfolio In Brazil

By Amit Chowdhry ● May 7, 2026

Preformed Line Products Company has acquired Delta Star Conetores Eletricos Ltda., a Brazil-based manufacturer of high-voltage and extra-high-voltage substation connectors. The acquisition strengthens PLP's global leadership in substation hardware and components and expands its footprint in the Americas.

Merit Financial Advisors Acquires $420 Million Firm Pradel Financial Group

By Amit Chowdhry ● May 6, 2026

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management for high-net-worth individuals and families, has announced the acquisition of Pradel Financial Group, a Seattle-based wealth management firm led by veteran advisor Paul Pradel, marking Merit's 58th acquisition.

Apollon Wealth Management Welcomes $650 Million Firm Senglaub Financial Group

By Amit Chowdhry ● May 6, 2026

Apollon Wealth Management has announced that Senglaub Financial Group, a Delafield, Wisconsin-based financial planning firm overseeing approximately $650 million in client assets, has joined its growing national organization, expanding Apollon's footprint in the Midwest.

Wealthspire To Acquire Fi3 Advisors, Deepening Indianapolis Presence And Family Office Capabilities

By Amit Chowdhry ● May 6, 2026

Wealthspire, an independent wealth management, institutional advisory, and business management firm, has announced an agreement to acquire Fi3 Advisors, an Indianapolis-based boutique advisory firm with approximately $1.2 billion in assets under management.

Elastics: $2 Million Raised For AI Agents For Prediction Markets

By Amit Chowdhry ● May 6, 2026

Elastics, an AI-native operating system for prediction markets, announced it has raised $2 million in an oversubscribed pre-seed funding round led by Frst. The round also included angel investors from across the AI and crypto sectors, including the co-founders of ElevenLabs, partners from XBTO, an Andreessen Horowitz scout, and a RedStone co-founder.

Donaldson Company: Acquisition Of Facet Filtration Expands Aerospace And Defense Exposure

By Amit Chowdhry ● May 6, 2026

Donaldson Company announced it has completed its previously announced acquisition of Facet Filtration, a company specializing in mission-critical fuel and fluid filtration solutions for aviation and industrial applications.

Merck Completes $5.8 Billion Acquisition Of Terns Pharmaceuticals To Bolster CML Pipeline

By Amit Chowdhry ● May 6, 2026

Merck has completed its acquisition of Terns Pharmaceuticals, adding TERN-701, a novel investigational oral treatment for chronic myeloid leukemia, to its oncology pipeline in a deal that will result in a charge to research and development expense of approximately $5.8 billion, or approximately $2.35 per share, reflected in both second quarter and full-year 2026 results.

Snap-on Acquires Hi-Force Hydraulic Tools To Expand Torque Offerings Across Critical Industries

By Amit Chowdhry ● May 6, 2026

Snap-on Incorporated has acquired Hi-Force Group Holdings Ltd., a Daventry, United Kingdom-based designer and manufacturer of high-pressure hydraulic tools, heavy lifting systems, and torque and tensioning equipment, for approximately $58 million in cash, with the deal closing on April 30, 2026.

Wealth Enhancement Acquires $318 Million Firm Lake Tahoe Wealth Management

By Amit Chowdhry ● May 6, 2026

Wealth Enhancement announced the acquisition of Lake Tahoe Wealth Management, an independent registered investment advisor managing more than $318 million in client assets. The transaction increases Wealth Enhancement’s total client advisory, trust, and brokerage assets to more than $148.1 billion.

Steward Partners Buys $450 Million Firm Jazz Wealth

By Amit Chowdhry ● May 6, 2026

Steward Partners announced the acquisition of Jazz Wealth, a Tampa Bay-area wealth management firm overseeing approximately $450 million in client assets, further strengthening Steward Partners’ footprint across Florida’s Gulf Coast and the broader Southeast region.

Cambridge Financial Group: $80.9 Million Merger Agreement With First Seacoast Bancorp

By Amit Chowdhry ● May 6, 2026

Cambridge Financial Group, the mutual holding company of Cambridge Savings Bank, and First Seacoast Bancorp, the holding company of First Seacoast Bank, announced they have entered into a definitive merger agreement under which First Seacoast Bancorp will merge with Cambridge Financial, while First Seacoast Bank will merge with Cambridge Savings Bank.

IREN: $625 Million Acquisition Of Mirantis To Expand AI Cloud Capabilities

By Amit Chowdhry ● May 6, 2026

IREN announced it has signed a definitive agreement to acquire Mirantis, a provider of cloud infrastructure, Kubernetes-based orchestration, and enterprise support services, for approximately $625 million. The consideration for the acquisition will be paid in IREN ordinary shares.

Genco Shipping & Trading Reviewing Diana Shipping’s $23.50 Per Share Tender Offer

By Amit Chowdhry ● May 6, 2026

Genco Shipping & Trading announced it is reviewing an unsolicited tender offer from Diana Shipping to acquire all outstanding shares of Genco not already owned by Diana for $23.50 per share in cash.

Assertio: Amended Merger Agreement Raises Garda Therapeutics Offer To $21.80 Per Share

By Amit Chowdhry ● May 6, 2026

Assertio Holdings announced that it entered into an amended and restated merger agreement with Garda Therapeutics under which Garda increased its offer to acquire all outstanding shares of Assertio to $21.80 per share in cash, with no contingent value right included in the revised transaction.

SAP: Acquisition Of Dremio To Expand AI Data Integration And Lakehouse Capabilities

By Amit Chowdhry ● May 6, 2026

SAP announced it has agreed to acquire Dremio, an open high-performance data lakehouse platform designed to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data for analytical and AI workloads in real time. Financial terms of the transaction were not disclosed.

Hubbell: $3 Billion Acquisition Of NSI Industries To Expand Electrical Solutions Portfolio

By Amit Chowdhry ● May 6, 2026

Hubbell announced it has entered into a definitive agreement to acquire NSI Industries, a provider of electrical fittings, connectors, components, and wire management products, for $3 billion in cash. The transaction is expected to strengthen Hubbell’s Electrical Solutions portfolio and expand its presence across industrial, infrastructure, and commercial end markets.

Carlyle: Acquisition Of Knack RCM And EqualizeRCM To Build AI-Native Healthcare Revenue Cycle Platform

By Amit Chowdhry ● May 6, 2026

Carlyle announced it acquired majority stakes in Knack RCM and EqualizeRCM to create what the company described as an AI-native, global, multi-specialty healthcare revenue cycle management platform. Financial terms of the transactions were not disclosed.

Citigroup: Raj Rathi Hired As Head Of M&A In India

By Amit Chowdhry ● May 6, 2026

Citigroup hired Raj Rathi as Head of Mergers and Acquisitions in India, continuing the bank’s expansion of its investment banking leadership team across Asia. Rathi is expected to join Citi in June and will be based in Mumbai, according to Bloomberg.

Lattice Semiconductor To Acquire AMI In $1.65 Billion Deal To Expand AI Infrastructure Platform

By Amit Chowdhry ● May 6, 2026

Lattice Semiconductor announced it entered into a definitive agreement to acquire AMI from THL Partners in a transaction valued at approximately $1.65 billion.

TITAN Group Completes Acquisition Of Keystone Cement In The United States

By Amit Chowdhry ● May 6, 2026

TITAN Group announced that its subsidiary Titan America completed the acquisition of Keystone Cement, a Pennsylvania-based cement manufacturer and aggregates producer, following the agreement initially announced in January 2026.

KKR Completes Acquisition Of Arctos Partners To Expand Sports And Alternative Asset Investing Platform

By Amit Chowdhry ● May 6, 2026

KKR announced it completed its previously announced acquisition of Arctos Partners, an institutional investor focused on professional sports franchise stakes and capital solutions for alternative asset managers.

VSE Corporation Completes $2.025 Billion Acquisition Of Precision Aviation Group

By Amit Chowdhry ● May 6, 2026

VSE Corporation announced it completed the acquisition of Precision Aviation Group for approximately $2.025 billion in cash and equity, expanding VSE’s aviation aftermarket distribution and repair platform.

Doctolib Acquires Medicus To Expand AI-Powered GP Platform In The UK

By Amit Chowdhry ● May 6, 2026

Doctolib announced the acquisition of Medicus as part of a broader strategy to accelerate the transformation of general practice technology across the United Kingdom. As part of the expansion, Doctolib plans to invest more than £100 million in the UK over the coming years, hire 150 employees, and establish a dedicated research and development center in London focused on primary care innovation.

Galloway Completes Acquisition Of Florida-Based Z Development Services

By Amit Chowdhry ● May 6, 2026

Galloway & Company, a national architecture and engineering firm based in Denver, has completed the acquisition of Z Development Services, a Florida-based civil engineering firm, effective April 10, 2026. The acquisition supports Galloway's continued national growth strategy and is backed by investment partners ARA Services Partners and Kelso & Company.

Barron Industries Acquires TriTech Titanium Parts Assets

By Amit Chowdhry ● May 6, 2026

Barron Industries, an Oxford, Michigan-based manufacturer, has acquired the titanium casting assets and process knowledge of TriTech Titanium Parts in Detroit, Michigan. The acquisition responds to growing customer demand for increased capacity in vacuum-melt alloy castings, with the new facility expected to be operational in the fourth quarter of 2026.

RWS Acquires Obviously Group

By Amit Chowdhry ● May 6, 2026

RWS, the global AI solutions company listed on AIM, has acquired Obviously Group Limited, a next-generation integrated platform for enterprise intellectual property and brand integrity management, for initial cash consideration of £16.5 million with up to £23.5 million in additional deferred contingent consideration over three financial years, bringing total potential consideration to £40 million.