Mergers & Acquisitions

Raymond James: $112 Million Advisor Larry Rolland Joins First Farmers Investment Group

By Amit Chowdhry ● May 23, 2026

Raymond James Financial Institutions Division (FID) recently welcomed financial advisor Larry Rolland, CFP, to First Farmers Investment Group (FFIG) at First Farmers Bank & Trust. With the move, Rolland will provide clients with investment and wealth management services through Raymond James Financial Services.

Cetera: $176 Million AUA Team Allegiant Wealth Strategies Joins

By Amit Chowdhry ● May 23, 2026

Cetera announced that financial advisor Mark Yatros and his Michigan-based practice, Allegiant Wealth Strategies, have joined Cetera’s Summit Financial Networks community with approximately $176 million in assets under administration (AUA). Yatros previously spent nearly a decade affiliated with Commonwealth Financial Network before making the transition to Cetera Financial Group following an extensive year-long review of the independent broker-dealer landscape.

LPL: $1 Billion Firm Cebert Wealth Advisors Team Joins Platform

By Amit Chowdhry ● May 23, 2026

LPL Financial announced that the advisors of LPL Financial have joined the firm’s broker-dealer and Registered Investment Advisor platform from Ameriprise. The team from Cebert Wealth Advisors reported serving approximately $1 billion in advisory, brokerage and retirement plan assets.

Lilly Acquires Engage Bio In $202 Million Deal

By Amit Chowdhry ● May 23, 2026

Eli Lilly and Company has acquired Engage Biologics in a deal valued at up to $202 million in cash, strengthening Lilly’s capabilities in non-viral genetic medicines.

Galloway & Company: Transportation Demand Management Expansion Accelerates With TDM Specialists Addition

By Amit Chowdhry ● May 23, 2026

Galloway & Company announced that San Francisco Bay Area-based TDM Specialists, Inc. has joined the company, expanding Galloway’s transportation demand management (TDM) capabilities nationwide.

Arthur J. Gallagher: McKee Risk Management Acquisition Expands RPS Program Administration Capabilities

By Amit Chowdhry ● May 23, 2026

Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Pennsylvania-based McKee Risk Management, Inc. Financial terms of the transaction were not disclosed.

Lupa Systems: Acquisition Of Vox, New York Magazine, And Vox Media Podcast Network Expands Media Portfolio

By Amit Chowdhry ● May 23, 2026

Lupa Systems, the media and technology holding company founded by James Murdoch, announced it has agreed to acquire three major divisions of Vox Media, including New York Magazine, Vox, and the Vox Media Podcast Network. The acquired businesses will operate as a subsidiary of Lupa Systems under the Vox Media name. The transaction does not include Eater, Popsugar, SB Nation, The Dodo, or The Verge.

Hilb Group: Kentucky Acquisition Expands Midwest P&C Insurance Presence

By Amit Chowdhry ● May 23, 2026

Hilb Group announced the acquisition of a Kentucky-based property and casualty insurance agency, further expanding the company’s footprint across the Midwest region and strengthening its presence in a key market for commercial and personal insurance services. The transaction officially became effective on May 1, 2026, and represents another step in the company’s long-term national growth strategy.

Sun Auto Tire & Service: Illinois Expansion Continues With Main Street Tire & Auto Acquisition

By Amit Chowdhry ● May 23, 2026

Sun Auto Tire & Service announced that it has expanded its Midwest footprint through the acquisition of Main Street Tire & Auto in Virden, Illinois. The location has officially joined the Sun Auto Network and will operate under the Plaza Tire Service brand.

The Perfect Purée Of Napa Valley: Acquisition Of Strongwater Expands Craft Beverage And Functional Offerings

By Amit Chowdhry ● May 23, 2026

The Perfect Purée of Napa Valley announced the acquisition of Colorado-based Strongwater, a producer of award-winning bitters, mixers, botanical beverages, and functional drinks. The move expands The Perfect Purée’s portfolio of premium beverage and culinary ingredients while strengthening its position in the craft beverage market.

Integrated Home Care Services: AI-Powered In-Home Benefit Management Platform Created Through Dina Acquisition

By Amit Chowdhry ● May 23, 2026

Integrated Home Care Services (IHCS), a national in-home benefit manager, announced the acquisition of Dina, an AI-enabled care coordination and referral management platform, in a deal designed to create a comprehensive platform for in-home benefit management.

Procurement Sciences: AI Government Contracting Platform Acquires HigherGov

By Amit Chowdhry ● May 23, 2026

Procurement Sciences announced the acquisition of HigherGov, expanding its AI-powered government contracting platform and creating what the companies describe as the largest AI-driven growth platform in the sector. The combined company now serves more than 3,000 government contractors, including close to half of the industry’s Top 100 contractors, and has contributed to more than $100 billion in AI-assisted awarded contracts.

Amplēo: Acquisition Of Crunchfirm Expands Fractional Finance Services For VC-Backed Startups

By Amit Chowdhry ● May 23, 2026

Amplēo announced the acquisition of Crunchfirm, a boutique finance firm specializing in full-stack CFO services for venture capital-backed startups. The deal strengthens Amplēo Finance’s ability to support venture and growth-stage companies by adding a team with expertise in startup financial operations, fundraising preparedness, investor reporting, and strategic financial leadership.

Dormakaba: Airport Software Acquisition Expands Passenger Management Capabilities

By Amit Chowdhry ● May 23, 2026

dormakaba announced the acquisition of Airsphere GmbH, an international software company specializing in passenger management systems for airports. Through the deal, dormakaba is expanding its airport business and strengthening its portfolio with software solutions focused on passenger process automation, airport logistics, and critical infrastructure security.

TritonPoint Partners: $350 Million Father-Son Advisor Team Joins Firm In Philadelphia Area

By Amit Chowdhry ● May 23, 2026

TritonPoint Partners announced that Richard and Robert Sichel have joined the firm and will be based in the Philadelphia area. Richard Sichel previously managed approximately $350 million in client assets, serving multi-generational families, professionals, business owners, retirees, and institutions.