Mergers & Acquisitions

Osaic Onboards $107 Million Advisor Geraldine Spinella Through New York Financial Partners

By Amit Chowdhry ● Apr 28, 2026

Geraldine Spinella has joined Osaic, one of the nation's largest providers of wealth management strategies, through its office of supervisory jurisdiction New York Financial Partners, bringing approximately $107 million in client assets from Raymond James. Spinella is based in Garden City, New York, and focuses on helping individuals and families navigate financial change through personalized investment strategies tailored to their unique circumstances.

Adobe Completes Acquisition Of Semrush, Expanding Brand Visibility And AI Search Capabilities

By Amit Chowdhry ● Apr 28, 2026

Adobe has completed its acquisition of Semrush Holdings, a leading brand visibility platform, adding search engine optimization, generative engine optimization, and agentic search optimization capabilities to its growing customer experience portfolio. The transaction strengthens Adobe's recently introduced CX Enterprise platform, an end-to-end agentic AI system designed to help businesses manage content supply chain, customer engagement, and brand visibility at scale.

Atari Acquires Implicit Conversions To Expand Retro Game Preservation And Modern Console Portfolio

By Amit Chowdhry ● Apr 28, 2026

Atari has acquired Implicit Conversions, a game development studio specializing in bringing retro games to modern consoles, adding the team to a growing family of studios that includes Digital Eclipse and Nightdive Studios. Financial terms of the transaction were not disclosed.

EssilorLuxottica Acquires Faro, An Italian High-Precision CNC Machinery Maker For Eyewear Manufacturing

By Amit Chowdhry ● Apr 28, 2026

EssilorLuxottica has acquired Faro, an Italian company with more than 20 years of expertise in the design, manufacture, and distribution of high-precision CNC machinery for milling and diamond cutting, serving the jewelry and eyewear industries. Financial terms of the transaction were not disclosed.

Stem Acquires Raicoon To Expand Automated Fault Detection Capabilities Within PowerTrack Platform

By Amit Chowdhry ● Apr 28, 2026

Stem, a global leader in AI-enabled clean energy software and services, has acquired the software assets of raicoon GmbH, a Vienna-based provider of automated fault detection and event management for solar asset performance. Financial terms of the transaction were not disclosed.

BMG And Concord Combine To Create The World’s Leading Independent Music Company

By Amit Chowdhry ● Apr 28, 2026

BMG and Concord have announced a definitive agreement to merge their businesses, forming the world's leading independent music company. The combined entity will operate under the BMG name, with divisions called BMG Publishing and Concord Records. Global headquarters will be established in Nashville, with Berlin serving as the European headquarters.

Waverly Advisors Acquires $3.1 Billion Louisiana Firm TruWealth Advisors

By Amit Chowdhry ● Apr 28, 2026

Waverly Advisors, a Birmingham, Alabama-based registered investment advisor, has acquired TruWealth Advisors, a $3.1 billion wealth management firm headquartered in the greater New Orleans area with offices in Mandeville and Metairie, Louisiana. The transaction, which closed on April 24, 2026, establishes Waverly's first presence in Louisiana and marks the firm's 32nd acquisition since accepting a private equity investment in December 2021. Waverly's total assets under management now stand at approximately $34.2 billion.

Fusion Capital Partners Acquires AQUALIS, A Leading Sustainable Water Management Services Company

By Amit Chowdhry ● Apr 28, 2026

AQUALIS, a Morrisville, North Carolina-based provider of sustainable water management, engineering, and compliance services, has been acquired by Fusion Capital Partners from DFW Capital Partners. Financial terms of the transaction were not disclosed. The acquisition represents Fusion's fourth platform investment overall and its first in 2026.

I Squared Capital Acquires Oriden With $300 Million Committed To Build U.S. Renewable Energy Platform

By Amit Chowdhry ● Apr 28, 2026

Oriden, a Pittsburgh-based renewable energy developer with a pipeline of more than 5 gigawatts of solar and battery storage projects across the United States, has been acquired by I Squared Capital's Energy Transition Fund from Mitsubishi Power Americas. I Squared plans to invest approximately $300 million to support Oriden's next phase of growth.

O2 Investment Partners Backs Steffl Drilling & Pump To Build Nationwide Water Well Services Platform

By Amit Chowdhry ● Apr 28, 2026

Steffl Drilling & Pump, a Minnesota-based provider of water well drilling and repair services, has secured a private equity investment from O2 Investment Partners to support its growth as a platform business. Financial terms of the transaction were not disclosed.

Astorg To Acquire Global Microbiology Business From Thermo Fisher Scientific

By Amit Chowdhry ● Apr 28, 2026

Astorg, a pan-European private equity firm with more than €24 billion in assets under management, has signed a definitive agreement to acquire the microbiology business from Thermo Fisher Scientific. The transaction will establish the microbiology unit as an independent, privately owned platform backed by Astorg, with a focus on accelerating growth and enhancing operational performance.

Huboo: Acquires Sorted To Build End-To-End E-Commerce Logistics Platform

By Amit Chowdhry ● Apr 28, 2026

Huboo announced it has acquired Sorted Group Limited, creating an integrated platform that spans fulfillment, shipping, returns, and delivery analytics as the company expands its capabilities across the post-purchase e-commerce journey.

Collective Acquires Open Ledger To Advance AI-Native Financial Operating System For Solopreneurs

By Amit Chowdhry ● Apr 28, 2026

Collective announced it has acquired Open Ledger, as the company looks to accelerate development of an AI-driven financial operating system designed for self-employed professionals and “Businesses-of-One.”

Critical Metals: $835 Million Proposed Acquisition Of European Lithium To Expand Rare Earth Portfolio

By Amit Chowdhry ● Apr 28, 2026

Critical Metals announced it has signed a letter of intent to acquire European Lithium Ltd. in a proposed all-share transaction valued at approximately $835 million, as the company looks to strengthen its position in critical minerals and rare earth elements.

Embrace Real Estate And 1823 Partners Acquire Ghirardelli Square In San Francisco With Continuum Partners

By Amit Chowdhry ● Apr 28, 2026

Embrace Real Estate and its affiliate 1823 Partners announced the acquisition of Ghirardelli Square from Jamestown, marking a significant ownership transition for one of the most iconic mixed-use destinations in the United States.

Stonepeak And Bernhard Capital Partners Acquire Cleco To Strengthen Louisiana Energy Infrastructure

By Amit Chowdhry ● Apr 28, 2026

Stonepeak and Bernhard Capital Partners announced an agreement to acquire Cleco Group from a consortium including Macquarie Asset Management, British Columbia Investment Management Corporation, and Manulife Investment Management, marking a significant transition in ownership of the Louisiana-based utility.

Shell: $13.6 Billion Acquisition Of ARC Resources To Expand Canadian Energy Portfolio

By Amit Chowdhry ● Apr 27, 2026

Shell announced it has entered into a definitive agreement to acquire ARC Resources Ltd. in a transaction valued at approximately $13.6 billion in equity, as the company looks to strengthen its position in Canada’s Montney shale basin and expand long-term production capacity.

Johnson Controls Acquires Nantum AI To Expand AI-Driven Energy Optimization Within OpenBlue

By Amit Chowdhry ● Apr 27, 2026

Johnson Controls announced it has acquired Nantum AI, a New York-based developer of artificial intelligence algorithms designed to improve building energy efficiency and operational performance. The acquisition strengthens Johnson Controls’ OpenBlue digital ecosystem by adding advanced AI-driven control capabilities to optimize HVAC systems and reduce energy consumption.

Rox Capital Partners: Sale Of Scruggs Water Infrastructure Platform To Sterling Group Marks Exit Following Growth Strategy Execution

By Amit Chowdhry ● Apr 27, 2026

Rox Capital Partners announced the sale of The Scruggs Companies to The Sterling Group, marking the exit of its investment in the municipal water infrastructure platform.

Platinum Equity And Ares Commercial Financing Supports Kingswood Capital’s Acquisition Of Daramic

By Amit Chowdhry ● Apr 27, 2026

Platinum Equity and Ares Commercial Finance announced that they have provided financing to support Kingswood Capital Management in its acquisition of Daramic, a global supplier of battery separator technologies.

Avex Music Group: $100 Million Global Publishing Acquisition Strategy Launches With Infamous Catalog Deal

By Amit Chowdhry ● Apr 27, 2026

Avex Music Group announced a $100 million initial commitment to acquire music publishing catalogs, companies, and copyrights over the next 12 months, marking the first phase of its global catalog acquisition strategy.

Adient: Acquisition Of Romulus, Michigan Foam Plant Expands Automotive Seating Manufacturing Footprint In Americas

By Amit Chowdhry ● Apr 27, 2026

Adient announced that it has acquired an automotive seating foam production plant in Romulus, Michigan, expanding its manufacturing footprint in the Americas region.

Henkel: Acquisition Of Not Your Mother’s Hair Care Brand Expands U.S. Consumer Portfolio

By Amit Chowdhry ● Apr 27, 2026

Henkel AG & Co. KGaA announced that it has completed the acquisition of Not Your Mother's, strengthening its position in the North American hair care market and expanding its Consumer Brands portfolio.

Apollo: Acquisition Of Forvia Interiors Business Creates Standalone Global Automotive Supplier

By Amit Chowdhry ● Apr 27, 2026

Apollo Global Management announced that funds managed by Apollo have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction, establishing the business as a standalone global automotive interiors supplier.

CADV Ventures: $300 Million SPAC Deal With Miluna To Create Public AI Software Company Kukugan Corp.

By Amit Chowdhry ● Apr 27, 2026

CADV Ventures S.A. announced a definitive business combination agreement with Miluna Acquisition Corp that will take the company public, forming a new entity named Kukugan Corp.

Lilly Buying Ajax Therapeutics For Up To $2.3 Billion To Advance Blood Cancer Pipeline

By Amit Chowdhry ● Apr 27, 2026

Eli Lilly and Company announced a definitive agreement to acquire Ajax Therapeutics, Inc. in a deal valued at up to $2.3 billion, including upfront and milestone-based payments, to expand its oncology pipeline focused on myeloproliferative neoplasms.

Vertiv: Acquisition Of Strategic Thermal Labs Expands Liquid Cooling And AI Infrastructure Capabilities

By Amit Chowdhry ● Apr 27, 2026

Vertiv Holdings Co announced the acquisition of Strategic Thermal Labs LLC, strengthening its engineering capabilities in liquid cooling systems for high-density computing environments.

Granite: Acquisition Of Kenny Seng Construction Expands Utah Infrastructure And Materials Platform

By Amit Chowdhry ● Apr 27, 2026

Granite announced the completion of its acquisition of Kenny Seng Construction, strengthening its vertically integrated construction and materials platform in Utah and expanding its presence in a high-growth regional market.

BRG: Acquisition Of E.CA Economics Expands European Antitrust And Competition Consulting Capabilities

By Amit Chowdhry ● Apr 27, 2026

BRG announced the acquisition of E.CA Economics, a leading competition economics consultancy, strengthening its presence across Europe and enhancing its Antitrust & Competition and Regulation practices.

Suzu Labs: Acquisition Of Emulated Criminals Expands Continuous Adversarial Cybersecurity Capabilities

By Amit Chowdhry ● Apr 27, 2026

Suzu Labs announced the acquisition of Emulated Criminals, a boutique firm specializing in adversary emulation and continuous red teaming, to strengthen its AI-driven cybersecurity platform and expand its ability to deliver continuous threat validation.