Mergers & Acquisitions

BDO USA Buying Blue Beyond

By Amit Chowdhry ● Jan 12, 2025

BDO USA, one of the leading accounting and advisory firms, announced the addition of 48 professionals to BDO’s management consulting practice from Blue Beyond Consulting, a San Francisco-based firm focused on the people side of the business. And this marks a significant expansion of the firm’s advisory services, enhancing BDO’s ability to integrate human capital management with strategy, operations, and technology to help clients achieve their desired business results. This combination is subject to customary closing conditions and is expected to be completed on March 1.

MetLife Investment Acquiring 3 Investments Teams Managed By Mesirow With $6 Billion Of Assets

By Amit Chowdhry ● Jan 12, 2025

MetLife Investment Management (MIM), the institutional asset management business of MetLife announced that it has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent, employee-owned financial services firm. And MIM is acquiring the high yield and bank loans, strategic fixed-income and small-cap equity teams, and certain related investment products.

Vividion Buying Tavros Therapeutics For Expanding Functional Genomics Capabilities

By Amit Chowdhry ● Jan 12, 2025

Vividion Therapeutics (a clinical-stage biopharmaceutical company utilizing novel discovery technologies to unlock high-value, traditionally undruggable targets and develop small molecule precision therapeutics for devastating cancers and immune disorders) announced the acquisition of Tavros Therapeutics (a precision oncology platform company). Vividion is a wholly owned and independently operating subsidiary of Bayer AG.

H1 Acquires Ribbon Health And Adds Dr. Stephen Hahn To The Board

By Amit Chowdhry ● Jan 12, 2025

H1, a company on a mission to connect the world with the right doctors, announced several key milestones. H1 is strengthening its leadership team by appointing former FDA Commissioner Dr. Stephen M. Hahn to its board, and the company announced the strategic acquisition of Ribbon Health and unveiled a series of innovative products.

Sanctuary Adds $700 Million Hillguard Wealth Management Team

By Amit Chowdhry ● Jan 12, 2025

Sanctuary Wealth, a firm that provides elite financial advisors with the freedom, flexibility, control, and choice to thrive in an evolving industry, announced it welcomed Hillguard Wealth Management as its latest Sanctuary Global Partner Firm. And Sanctuary Wealth launched Sanctuary Global in 2021 with high-profile Florida and Texas-based teams from Morgan Stanley and Wells Fargo.

Kestra Brings In $400 Million Campus Wealth Team

By Amit Chowdhry ● Jan 12, 2025

Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, announced that Campus Private Wealth has joined its platform. This partnership represents a mutual commitment to delivering highly tailored client service.

Transcarent To Buy Accolade In $621 Million Deal

By Amit Chowdhry ● Jan 12, 2025

Transparent, a company that makes it easier for people to access affordable health care, announced it is buying Accolade, a leader in health advocacy, expert medical opinions, and primary care. Transcarent will buy Accolade for $7.03 per share in cash, representing a total equity value of approximately $621 million.

LPL Onboards $320 Million Advisory Firm Lewellyn Wealth

By Amit Chowdhry ● Jan 12, 2025

LPL Financial announced that father and son financial advisors Bart Lewellyn and Alex Lewellyn have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $320 million in advisory, brokerage, and retirement plan assets* and joined LPL from Osaic.

Supreme Group Buying Curator24 And Makes Executive Team Changes

By Amit Chowdhry ● Jan 12, 2025

Supreme Group, which is backed by the private equity firm Trinity Hunt Partners, announced the acquisition of Curator24, a marketing and advertising agency specializing in innovative solutions for healthcare companies. Fairmount Partners acted as the exclusive financial advisor to Curator24.

AmeriFlex Group: Record-Breaking Year With 53 Advisor Transitions And Over $3.4 Billion In Total Client Assets Added

By Amit Chowdhry ● Jan 12, 2025

Advisor-owned hybrid RIA The AmeriFlex Group celebrated the completion of a record-breaking year in which it welcomed 53 advisors and increased its total client assets by over $3.4 billion. And the AmeriFlex Group ended the year with 206 total advisors in 29 states, with about $14.6 billion in assets under administration (AUA), an increase of 35% year over year.

TransUnion Buying Financial Technology Company Monevo

By Amit Chowdhry ● Jan 12, 2025

TransUnion announced it has signed a definitive agreement to buy U.K.-based Monevo, a credit prequalification and distribution platform that enables lenders and banks to deliver highly personalized credit offers to consumers via comparison websites and other third parties. And TransUnion currently owns 30% of the equity of Monevo after acquiring a minority stake in 2021 and has agreed to acquire the remaining ownership position from Quint Group Limited.

Gluware Acquired By Cuadrilla Capital

By Amit Chowdhry ● Jan 12, 2025

Intelligent network automation leader Gluware announced its acquisition by Cuadrilla Capital, a leading enterprise software private equity firm. The funding from Cuadrilla will enable Gluware to penetrate the Global 2000 market further and address the most complex enterprise network challenges these worldwide leaders face.

Kian Capital Buying Gardening E-Commerce Company Eden Brothers

By Amit Chowdhry ● Jan 11, 2025

Kian Capital Partners, a lower-middle-market-focused private investment firm, announced that in partnership with management, it completed the acquisition of Eden Brothers, an e-commerce retailer specializing in flower seeds and bulbs for gardening enthusiasts nationwide.

BlueGrace Logistics Buying Transportation Solutions Provider FreightCenter

By Amit Chowdhry ● Jan 10, 2025

BlueGrace Logistics, a leading Third-Party Logistics (3PL) provider operating within North America, announced the acquisition of FreightCenter, an online transportation solutions provider that started 26 years ago. This strategic deal expands BlueGrace’s customer base by integrating FreightCenter’s clients with BlueGrace’s advanced suite of logistics tools and services.

Gilat: $98 Million Acquisition Of Stellar Blu Solutions Completed

By Amit Chowdhry ● Jan 10, 2025

Gilat Satellite Networks - a global leader in satellite networking technology, solutions, and services - announced that it has closed the acquisition of Stellar Blu Solutions, a leading US-based provider of next-generation SATCOM terminal solutions.

Mercer Advisors Entering Bend, Oregon Market By Onboarding Advisors With Over $200 Million

By Amit Chowdhry ● Jan 10, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced it welcomes two distinct financial advisors –Dave Stuehling and John Swanson. Stuehling and Swanson are based in Bend, Oregon, giving Mercer Advisors a strategic presence in one of the nation’s fastest-growing cities.

ONRAD Buying Emergency Imaging And Teleradiology Company Direct Radiology

By Amit Chowdhry ● Jan 10, 2025

ONRAD, a leading radiology services company delivering remote teleradiology final-read impressions across all healthcare settings and full-service radiology solutions for hospitals, announced the acquisition of teleradiology group Direct Radiology from Royal Philips, a global leader in health technology. And the resulting unified organization creates the most significant independent teleradiology provider in the United States. The financial terms of the acquisition were not disclosed.