Mergers & Acquisitions

OppFi To Acquire BNCCORP In $130 Million Deal To Create Unified Digital And Community Banking Platform

By Amit Chowdhry ● Apr 29, 2026

OppFi, a Chicago-based tech-enabled digital finance platform listed on the NYSE, has signed a definitive agreement to acquire BNCCORP and its wholly owned subsidiary, BNC National Bank, in a cash and stock transaction valued at approximately $130 million. Under the terms of the agreement, BNCC stockholders will receive $19.375 per share in cash and 1.90 shares of OppFi Class A common stock for each BNCC share, representing approximately 1.2 times BNCC's book value of $107 million as of December 31, 2025.

Z Squared To Acquire Skycore Digital, Adding 24 MW Of Energized AI Infrastructure With Path To 42 MW

By Amit Chowdhry ● Apr 29, 2026

Z Squared, a Fort Lauderdale-based vertically integrated digital infrastructure company listed on Nasdaq, has entered into a binding letter of intent to acquire 100% of Skycore Digital, an operating digital infrastructure company with three active sites in North Carolina powered by Duke Energy. The transaction is structured entirely in Series B Convertible Preferred Stock with no cash consideration and no debt financing, with a base aggregate liquidation preference of $18 million at closing and maximum consideration of $22 million.

Chiesi Group To Acquire KalVista Pharmaceuticals For $1.9 Billion To Expand Rare Disease Portfolio

By Amit Chowdhry ● Apr 29, 2026

Chiesi Group, an international research-focused biopharmaceutical company headquartered in Parma, Italy, has entered into a definitive agreement to acquire KalVista Pharmaceuticals for $27.00 per share in cash, representing an equity consideration of approximately $1.9 billion. The transaction, unanimously approved by both boards, represents Chiesi's largest acquisition to date and is expected to close in the third quarter of 2026. The offer price represents a 36% premium to KalVista's 30-day volume-weighted average share price as of April 28, 2026.

Morningstar Rebrands CRSP Market Indexes, Cementing Position As Top-Tier Index Provider

By Amit Chowdhry ● Apr 29, 2026

Morningstar, a Chicago-based independent investment insights company, has announced the rebrand of the CRSP Market Indexes to the Morningstar brand, marking a new milestone in its previously completed acquisition of the Center for Research in Security Prices from the University of Chicago. Name changes are expected to become effective in late July, with no disruption to clients or changes to existing index methodologies.

Engineering Resource Group Acquires Haltom Engineering To Expand MEP Platform Across Southern U.S.

By Amit Chowdhry ● Apr 29, 2026

Engineering Resource Group, a Godspeed Capital Management-backed mechanical, electrical, and plumbing engineering, consulting, and design firm, has acquired Haltom Engineering, a Memphis-based MEP engineering consulting firm specializing in mechanical, plumbing, and fire protection design. The deal marks ERG's first add-on acquisition and extends its geographic reach and technical depth across the Southern United States.

Keystone Acquires Titan Risk Solutions To Anchor National Transportation Insurance Vertical

By Amit Chowdhry ● Apr 29, 2026

Keystone, a Mechanicsburg, Pennsylvania-based insurance broker, has acquired Titan Risk Solutions, a premier trucking insurance broker headquartered in Overland Park, Kansas. Titan will serve as the anchor of Keystone's newly established Trucking Vertical, expanding the platform's capacity, market access, and technical expertise for transportation risks. Titan will rebrand as Keystone Trucking Solutions later this year.

MoonPay Acquires Sodot And Launches MoonPay Institutional To Serve Financial Institutions In Digital Assets

By Amit Chowdhry ● Apr 29, 2026

MoonPay, a global crypto payments network founded in 2019, has acquired Sodot, a crypto key management infrastructure company, and used the acquisition as the foundation for MoonPay Institutional, a new business serving financial institutions, asset managers, trading firms, and exchanges entering digital asset markets. Caroline D. Pham, former acting Chairman of the U.S. Commodity Futures Trading Commission, will lead MoonPay Institutional as CEO of Moon Global Markets. Financial terms were not disclosed.

Aligned Fitness Expands Into Ohio With Acquisition Of Six Club Pilates Studios

By Amit Chowdhry ● Apr 29, 2026

Aligned Fitness Holdings, a leading Club Pilates franchisee, has acquired CAM Pilates, a Columbus, Ohio-based franchisee operating six top-performing studios, bringing Aligned Fitness' total footprint to 55 studios. The transaction marks the company's first expansion beyond its established base in the Southeastern United States, where it operates locations across North Carolina, Georgia, and South Carolina.

Arlington Capital Partners Acquires ENERCON And Merges With POND To Create Power Engineering Platform

By Amit Chowdhry ● Apr 29, 2026

Arlington Capital Partners, a Washington D.C.-area private investment firm, has acquired ENERCON, a specialized nuclear and power engineering firm, from funds managed by Oaktree Capital Management, and simultaneously merged it with its existing portfolio company Pond & Company. The combined company will operate under the ENERCON name, headquartered in the Atlanta area, with more than 2,700 professionals and leadership retained from both organizations. Arlington describes the transaction as its largest ever platform build, with additional add-on acquisitions planned.

TotalEnergies Finalizes Acquisition Of 50% Of EPH’s European Flexible Power Generation Platform

By Amit Chowdhry ● Apr 29, 2026

TotalEnergies has completed its acquisition of a 50% stake in EPH's flexible power generation platform in Western Europe, creating TTEP, the second-largest flexible generation player in Europe. The transaction, originally agreed on November 16, 2025, became effective April 29, 2026, and has been approved by all relevant regulatory authorities and the boards of both companies. TTEP is headquartered in Amsterdam.

OpenGate Capital Acquires Total Safety’s Europe And Middle East Division In Carve-Out Transaction

By Amit Chowdhry ● Apr 29, 2026

OpenGate Capital, a global private equity firm headquartered in New York and Paris, has signed a definitive agreement to acquire the European and Middle Eastern division of Total Safety, a portfolio company of Littlejohn & Co. The carve-out separates Total Safety EMEA into a standalone platform focused on mission-critical safety and compliance solutions for petrochemical and oil and gas customers across the region. Financial terms were not disclosed.

CC Capital And OneIM Complete A$3.9 Billion Acquisition Of Insignia Financial

By Amit Chowdhry ● Apr 29, 2026

CC Capital, a New York-based private investment firm, and One Investment Management, a global alternative investment manager, have completed the acquisition of Insignia Financial, Australia's leading diversified wealth management group. The companies acquired 100% of Insignia for A$4.80 per share in cash via a scheme of arrangement, representing an enterprise value of approximately A$3.9 billion, or US$2.5 billion. Insignia will be formally de-listed from the Australian Securities Exchange as of April 29, 2026.

Cognizant To Acquire Astreya To Deepen AI Infrastructure

By Amit Chowdhry ● Apr 29, 2026

Cognizant, a Teaneck, New Jersey-based AI and technology services company, has entered into a definitive agreement to acquire Astreya, a San Jose-based AI-first IT managed services and solutions provider. The transaction is expected to expand Cognizant's AI infrastructure capabilities and production-grade AI operations platform as enterprises accelerate spending on data center infrastructure. Financial terms were not disclosed. The deal is expected to close in the second quarter of 2026.