Mergers & Acquisitions

MCS Completes Management Buyout Backed By J.P. Morgan Asset Management

By Amit Chowdhry ● Jan 5, 2026

MCS, a national property services company founded in 1986, announced it has been acquired by its current leadership in a management buyout backed by J.P. Morgan Asset Management, with the relaunched organization retaining the MCS name and narrowing its focus to commercial, residential, and government property services.

Accordion Acquires FCM, Expanding Operator-Led Performance Improvement Offerings For Private Equity Clients

By Amit Chowdhry ● Jan 5, 2026

Accordion, an AI and data-powered financial consulting firm focused on private equity, has acquired FCM, an operator-led performance improvement firm known for large-scale value creation programs at private-equity-backed companies.

Topgolf Callaway Completes Sale of 60% Topgolf Stake to Leonard Green

By Amit Chowdhry ● Jan 5, 2026

Topgolf Callaway Brands announced it has completed the sale of a 60% stake in its Topgolf and Toptracer businesses to private equity funds managed by Leonard Green & Partners, a transaction that became effective January 1, 2026, and values the Topgolf unit at approximately $1.1 billion.

Trinity Logistics Acquires Granite Logistics, Adding Two Minnesota Service Centers

By Amit Chowdhry ● Jan 5, 2026

Trinity Logistics has completed the full acquisition of Granite Logistics, bringing a longtime freight agent partner fully into its organization and expanding its regional footprint in the Upper Midwest.

Allison Transmission Closes $2.7 Billion Acquisition Of Dana’s Off-Highway Drive & Motion Systems Business

By Amit Chowdhry ● Jan 5, 2026

Allison Transmission Holdings announced it has completed its acquisition of Dana Incorporated’s Off-Highway Drive & Motion Systems business for approximately $2.7 billion, expanding Allison’s presence in off-highway and industrial applications and forming a combined enterprise that will generate about $5.5 billion in revenue with operations spanning 29 countries.

Howden To Buy Atlantic Group To Build Global Transaction Liability Insurance Leader

By Amit Chowdhry ● Jan 5, 2026

Howden announced it has agreed to acquire Atlantic Global Risk, a New York-based transaction liability insurance broker, in a deal the company says will create a global transaction liability powerhouse by combining Howden’s international platform with Atlantic’s U.S. market position. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions.

BTG Pactual Completes M.Y. Safra Bank Acquisition

By Amit Chowdhry ● Jan 5, 2026

BTG Pactual announced it has completed its acquisition of M.Y. Safra Bank, a transaction first announced in June 2024 that gives the Latin American investment bank a U.S. banking license and adds a federally regulated banking platform to its long-standing U.S. presence.

Mastercam Acquires Swedish Partner AME, Expands Direct Presence In Sweden And Norway

By Amit Chowdhry ● Jan 5, 2026

Mastercam, a CAD/CAM software provider and part of Sandvik Group, said it has completed the acquisition of Advanced Mechanical Engineering AB (AME) in Sweden, a longtime channel partner, as it moves to deepen its market presence and customer support across Sweden and Norway.

BENTELER To Acquire Deutsche Bahn’s ioki, Building European End-To-End Autonomous Mobility Platform

By Amit Chowdhry ● Jan 5, 2026

BENTELER Group has signed an agreement to acquire ioki GmbH, Deutsche Bahn AG’s software-based mobility solutions unit, in a deal aimed at creating what the companies describe as Europe’s first full-service provider for autonomous mobility spanning vehicles, software, and fleet operations. Financial terms were not disclosed, and closing is expected in the near future.

Flutterwave Acquires Mono To Expand Open Banking Infrastructure Across Africa

By Amit Chowdhry ● Jan 5, 2026

Flutterwave has acquired Mono, an open banking infrastructure provider focused on African markets, as the payments company moves to deepen bank-based and authenticated payment capabilities across the continent. The deal positions open banking as a core part of Flutterwave’s strategy to support alternative payment methods beyond traditional card rails, with an emphasis on verified, locally relevant payment flows and stronger trust layers for merchants and financial partners.

Destinus Buying Daedalean For CHF 180 Million To Advance Aviation-Grade AI for Defense and Civil Aviation

By Amit Chowdhry ● Jan 5, 2026

Destinus Group BV has completed its acquisition of Daedalean AG, a Zürich-based developer of advanced AI systems for aviation, in a transaction valued at CHF 180 million (about $225 million). Following the close, Daedalean will operate inside Destinus as a core hub for AI engineering, autonomy research, and advanced perception technologies.

Jacobs To Buy Remaining Stake In PA Consulting For £1.216 Billion

By Amit Chowdhry ● Jan 5, 2026

Jacobs has reached an agreement to acquire the remaining shares of PA Consulting that it does not already own, taking full ownership of the innovation and transformation consultancy. The transaction is designed to deepen Jacobs’ push into higher-value advisory and transformation work, including artificial intelligence-driven programs, while strengthening its ability to serve clients across the full asset lifecycle.

Levine Leichtman Capital Partners To Sell Global Loan Agency Services To Oakley Capital

By Amit Chowdhry ● Jan 5, 2026

Levine Leichtman Capital Partners (LLCP) said it has agreed to sell its portfolio company Global Loan Agency Services (GLAS) to Oakley Capital, a European private investment firm, marking the second exit from LLCP Europe II SCSp.

Bain Capital Launches $344 Million Bid For South Korea-Based Echo Marketing

By Amit Chowdhry ● Jan 3, 2026

Bain Capital has agreed to acquire South Korea-based Echo Marketing in a transaction valued at roughly $344 million, combining a negotiated purchase of a controlling stake with a tender offer for the remaining shares as revealed in a DART filing.

Technip Energies Completes $556 Million Acquisition Of Ecovyst’s Advanced Materials & Catalysts Business

By Amit Chowdhry ● Jan 3, 2026

Technip Energies has completed its acquisition of Ecovyst’s Advanced Materials & Catalysts (AM&C) business, adding a specialty catalysts and advanced materials platform that the company says will expand its capabilities in advanced catalysts and support growth in sustainable fuels, circular chemistry, and carbon capture.

Pinnacle And Synovus Complete Merger To Form $117 Billion Regional Bank

By Amit Chowdhry ● Jan 3, 2026

Pinnacle Financial Partners (now trading on the New York Stock Exchange under “PNFP”) has completed its previously announced merger with Synovus Financial, creating a combined regional banking company with an estimated $117.2 billion in assets as of September 30, 2025. The combined organization is operating as a single bank holding company under the name Pinnacle Financial Partners, marking the close of a transaction the companies first announced on July 24, 2025.

Ooma Completes Acquisition of Phone.com For About $23.2 Million

By Amit Chowdhry ● Jan 3, 2026

Ooma, which provides a smart communications platform for businesses and consumers, said it has completed its previously announced acquisition of Phone.com, a cloud-based business communications provider focused on small and mid-sized organizations. The deal closed for approximately $23.2 million in cash, subject to customary working capital adjustments.

Berkshire Hathaway Completes $9.7 Billion Acquisition Of OxyChem From Occidental

By Amit Chowdhry ● Jan 3, 2026

Berkshire Hathaway announced it has completed its acquisition of OxyChem from Occidental for $9.7 billion, subject to customary post-closing purchase price adjustments, bringing a large-scale U.S.-based chemical producer into Berkshire’s group of operating businesses.

Hyatt Completes $2 Billion Sale Of Playa-Owned Resort Real Estate To Tortuga

By Amit Chowdhry ● Jan 2, 2026

Hyatt Hotels announced it has closed the sale of the owned real estate portfolio it previously acquired from Playa Hotels & Resorts N.V. to Tortuga Resorts for approximately $2.0 billion, completing what the company described as a fully asset-light transaction for the Playa portfolio.

Credicorp’s BCP To Acquire Helm Bank USA For $180 Million

By Amit Chowdhry ● Jan 2, 2026

Credicorp announced its Peruvian banking subsidiary, Banco de Crédito del Perú (BCP), has signed an agreement to acquire 100% of Helm Bank USA for $180 million, subject to customary price adjustments at closing. The transaction is intended to expand Credicorp’s cross-border banking capabilities for clients with financial needs spanning Latin America and the United States.

OceanFirst To Acquire Flushing Financial In $579 Million All-Stock Merger

By Amit Chowdhry ● Jan 2, 2026

OceanFirst Financial and Flushing Financial Corporation have agreed to combine in an all-stock merger that would create a regional bank with approximately $23 billion in assets across New Jersey, Long Island, and the New York City metro area, while also bringing in a $225 million strategic equity investment from Warburg Pincus.

MetLife Investment Management Closes PineBridge Acquisition, Creating A $734.7 Billion Global Asset Manager

By Amit Chowdhry ● Jan 2, 2026

MetLife Investment Management (MIM), MetLife, Inc.’s institutional asset management business, said it has completed its acquisition of PineBridge Investments, combining the firms into a platform overseeing $734.7 billion in assets under management on a pro forma basis as of September 30, 2025.

BigBear.ai Finalizes $250 Million Acquisition Of Ask Sage

By Amit Chowdhry ● Jan 2, 2026

BigBear.ai announced it has completed its acquisition of Ask Sage for $250 million in cash, adding a secure generative AI platform designed for deployment, orchestration, and agentic capabilities in defense, intelligence, and other highly regulated environments.

Cantor Fitzgerald Announces First Close Of O’Connor Transaction

By Amit Chowdhry ● Jan 2, 2026

Cantor Fitzgerald announced it has completed the first closing of its acquisition of the UBS O’Connor alternative investment platform and has transferred two O’Connor hedge fund investment strategies to Cantor Fitzgerald Asset Management (CFAM).

Wealth Enhancement Partnering With $240 Million Firm Ascent Private Wealth

By Amit Chowdhry ● Jan 2, 2026

Wealth Enhancement announced it will join forces with Ascent Private Wealth, a Spartanburg, South Carolina-based hybrid registered investment advisor overseeing more than $240 million in client assets, expanding Wealth Enhancement’s footprint in the Southeast and pushing its total client assets above $132.7 billion.

Mercantile Bank Completes Merger With Eastern Michigan Financial

By Amit Chowdhry ● Jan 1, 2026

Mercantile Bank announced it has completed its previously announced merger with Eastern Michigan Financial Corporation, combining two Michigan-based financial institutions with a stated focus on serving local households, businesses, and communities.

DigitalBridge And Crestview Partners Complete Take-Private Acquisition Of WideOpenWest

By Amit Chowdhry ● Jan 1, 2026

DigitalBridge Group and Crestview Partners said affiliated investment funds have completed their previously announced take-private acquisition of WideOpenWest (WOW!), a U.S. provider of broadband internet services and connectivity solutions.

First Financial Bancorp To Close Acquisition Of BankFinancial

By Amit Chowdhry ● Jan 1, 2026

First Financial Bancorp announced it will close its previously announced all-stock acquisition of Chicago-based BankFinancial Corporation on January 1, 2026, a deal that will give First Financial its first retail consumer-focused locations in the Chicago market.

Mutares Signs Agreement To Sell Conexus To ATS

By Amit Chowdhry ● Jan 1, 2026

Mutares SE & Co. KGaA has signed an agreement to sell its portfolio company Conexus S.p.A. to ATS – Advance Technologies System S.r.l., a wholly owned subsidiary of Maximum Return System Group, as the firm continues to execute exits from its portfolio.

H.I.G. Capital Agrees To Sell Subsea Telecom Provider Xtera

By Amit Chowdhry ● Jan 1, 2026

H.I.G. Capital announced an affiliate has entered into a binding agreement to sell Xtera Limited, a London-headquartered provider of subsea telecom network systems, to a joint venture led by Prysmian S.p.A. and Fincantieri S.p.A. The sale remains subject to regulatory approvals, and completion is expected in the first quarter of 2026.