Mergers & Acquisitions

Cetera Onboards $250 Million Firm Guided Financial Strategies

By Amit Chowdhry ● Dec 26, 2025

Guided Financial Strategies, a San Diego-based advisory firm overseeing about $250 million in assets under administration, has transitioned to Cetera Financial Group after more than two decades affiliated with LPL, according to an announcement from Cetera. The practice is led by veteran advisors Rick Dickinson and founder Alan Hughes and will join Cetera’s Summit Financial Networks community, which the firm said will support its next phase of expansion through both organic growth and advisor recruiting.

Sanofi To Buy Dynavax In $2.2 Billion Deal

By Amit Chowdhry ● Dec 26, 2025

Sanofi has agreed to acquire Dynavax Technologies in an all-cash transaction that would add the U.S.-marketed adult hepatitis B vaccine HEPLISAV-B and a Phase 1/2 shingles vaccine candidate to Sanofi’s vaccines portfolio.

bp To Sell 65% Of Castrol To Stonepeak In $10.1 Billion Deal

By Amit Chowdhry ● Dec 25, 2025

bp has agreed to sell a 65% shareholding in Castrol to investment firm Stonepeak in a deal that values the lubricants business at an enterprise value of $10.1 billion. The company said the valuation implies an EV/LTM EBITDA multiple of about 8.6x and follows a strategic review that attracted broad interest.

Janus Henderson To Be Acquired By Trian And General Catalyst In $7.4 Billion Take-Private Deal

By Amit Chowdhry ● Dec 25, 2025

Janus Henderson Group plc said it has entered into a definitive agreement to be acquired by an investor group led by Trian Fund Management and General Catalyst in an all-cash transaction valued at approximately $7.4 billion.

HCLSoftware To Acquire Jaspersoft From Cloud Software Group

By Amit Chowdhry ● Dec 23, 2025

HCLSoftware, the software business division of HCLTech, announced it has signed an agreement to acquire Jaspersoft, an embedded analytics and “pixel-perfect” reporting platform that operates as a business unit of Cloud Software Group. Financial terms were not disclosed.

NTT DATA Buys The Cloud People To Bolster ServiceNow Capabilities Across Europe And Beyond

By Amit Chowdhry ● Dec 23, 2025

NTT DATA has acquired The Cloud People Group AS, one of Europe’s largest pure-play ServiceNow partners, in a move aimed at expanding its ServiceNow expertise and strengthening its geographic reach across the Nordics, Central Europe, and additional international markets.

Trading Technologies Buys OpenGamma To Add Margin And Capital Optimization Analytics

By Amit Chowdhry ● Dec 23, 2025

Trading Technologies International (TT) said it has acquired OpenGamma, a provider of derivatives margin analytics for buy-side and sell-side firms, in a deal intended to deepen TT’s risk and capital efficiency capabilities across its multi-asset platform. Financial terms were not disclosed.

ServiceNow To Buy Armis For $7.75 Billion To Expand Cyber Exposure Management

By Amit Chowdhry ● Dec 23, 2025

ServiceNow announced it has agreed to acquire Armis for approximately $7.75 billion in cash, a deal aimed at expanding ServiceNow’s security workflow capabilities across the full attack surface spanning traditional IT environments, operational technology, and connected medical and industrial devices.

HARMAN To Buy ZF’s ADAS Business For €1.5 Billion

By Amit Chowdhry ● Dec 23, 2025

HARMAN International, the Samsung Electronics-owned automotive technology supplier, has signed a definitive agreement to acquire ZF Group’s Advanced Driver Assistance Systems business in a transaction valued at €1.5 billion.

Coinbase To Buy The Clearing Company To Expand Prediction Markets Trading

By Amit Chowdhry ● Dec 23, 2025

Coinbase has agreed to acquire The Clearing Company, a prediction markets startup the company says is working at the frontier of regulated, on-chain markets.

Osaic Onboards $1.1 Billion Veater Financial Group Into Empowered Independence W-2 Channel

By Amit Chowdhry ● Dec 23, 2025

Osaic announced Veater Financial Group, a California-based financial planning firm overseeing about $1.1 billion in assets under advisement, has joined the company’s Empowered Independence channel, shifting the practice into a W-2 employee model as it pursues additional scale and long-term growth.

Wealth Enhancement Acquires Spectrum Wealth And Putman Group, Pushing Total Client Assets Past $131.2 Billion

By Amit Chowdhry ● Dec 23, 2025

Wealth Enhancement said it has acquired Spectrum Wealth Management, an independent registered investment advisor based in Irvine, California, along with Spectrum’s affiliated tax practice, certified public accounting firm Putman Group. The deal expands Wealth Enhancement’s integrated wealth management offerings with added tax planning capabilities. And it increases the firm’s overall scale, bringing total client assets to more than $131.2 billion after including previously announced acquisitions and the Spectrum transaction.

OpenGate Capital Sells ScioTeq To Tikehau Capital And Retains Minority Stake

By Amit Chowdhry ● Dec 23, 2025

OpenGate Capital has completed the sale of ScioTeq, a provider of ruggedized display and mission critical visualization systems for aviation and defense applications, to the aerospace and defense fund of alternative asset manager Tikehau Capital. OpenGate said it will retain a meaningful minority position and continue supporting ScioTeq as it enters its next growth phase.

IFS To Buy Softeon To Expand Industrial AI Into Warehouse Management

By Amit Chowdhry ● Dec 23, 2025

IFS has entered into a definitive agreement to acquire Softeon, a provider of cloud native warehouse management, warehouse execution, and distributed order management software, in a deal aimed at extending IFS’s Industrial AI capabilities into warehouse operations. IFS said the combination will create an integrated platform that links manufacturing operations with warehouse execution, as enterprises modernize supply chains amid infrastructure constraints and labor shortages.

GI Partners To Buy Netwatch

By Amit Chowdhry ● Dec 22, 2025

Netwatch, a global provider of AI-powered security services, said it has signed a definitive agreement to be acquired by GI Partners. The companies announced the transaction on December 17, 2025.

Clearwater Analytics Agrees To $8.4 Billion Take-Private Deal Led By Permira And Warburg Pincus

By Amit Chowdhry ● Dec 22, 2025

Clearwater Analytics said it has entered into a definitive agreement to be acquired in a transaction valued at approximately $8.4 billion by an investor group led by Permira and Warburg Pincus, with participation from Temasek and support from Francisco Partners. The Boise, Idaho-based company said the deal follows a review that included engagement with certain strategic parties and financial sponsors.

Coursera To Buy Udemy In $2.5 Billion All Stock Deal

By Amit Chowdhry ● Dec 18, 2025

Coursera and Udemy said they have signed a definitive merger agreement that will combine the two online learning platforms in an all stock transaction aimed at building a larger skills and workforce development business as demand rises for AI related training.

EP Wealth Acquires $218 Million Firm Clearview

By Amit Chowdhry ● Dec 17, 2025

EP Wealth Advisors has acquired Clearview Wealth Advisors, a planning focused registered investment advisory firm serving clients across the Pacific Northwest and the Phoenix metropolitan area, as EP Wealth continues expanding its national footprint through strategic partnerships. EP Wealth said the deal adds nearly $218 million in assets under management and brings the Clearview team into EP Wealth’s Phoenix region, where it will gain access to expanded planning, tax and investment resources.

BlackLine Buys WiseLayer To Add AI Agents For Judgment Based Accounting Workflows

By Amit Chowdhry ● Dec 17, 2025

BlackLine has acquired WiseLayer, a New York-based company focused on a digital workforce of AI-powered agents for finance and accounting, as BlackLine moves to strengthen its AI capabilities and advance its plan for an AI-powered finance and accounting platform. The company said the transaction will accelerate its vision for a unified platform serving the Office of the CFO. Terms were not disclosed.

PRIME AE Buys Florida Engineering Firm Faller, Davis & Associates To Expand Transportation And Environmental Services

By Amit Chowdhry ● Dec 17, 2025

PRIME AE Group has acquired Faller, Davis & Associates, a Florida-based consulting civil engineering firm known for transportation design, operations, planning, and environmental services, in a move intended to strengthen PRIME AE’s presence across the Southeast and broaden infrastructure support for public sector clients throughout Florida. PRIME AE said the transaction will enhance its ability to deliver more comprehensive transportation and environmental solutions while expanding capacity in new geographies across the state.

HealthStream Buys MissionCare Collective In Deal Valued Up To $40 Million

By Amit Chowdhry ● Dec 17, 2025

HealthStream has acquired MissionCare Collective, adding what the company described as the largest caregiver network in the United States and expanding its workforce ecosystem to support better demand for non-medical caregivers, home health aides, and certified nurse assistants. The transaction brings myCNAjobs.com into HealthStream’s platform and establishes a third “Career Network” alongside the company’s existing networks for nurses and students.

Red Hat Buys Chatterbox Labs To Add AI Safety Testing And Guardrails

By Amit Chowdhry ● Dec 17, 2025

Red Hat has acquired Chatterbox Labs, expanding its Red Hat AI portfolio with what the company described as “security for AI” capabilities to help enterprises deploy production-grade AI that is trustworthy, transparent, and safe at scale.

CarbonWeb Buys Green Llamas To Support monday.com Delivery Scale

By Amit Chowdhry ● Dec 17, 2025

CarbonWeb has acquired Green Llamas Consulting in a deal aimed at expanding its monday.com services footprint across North America and deepening its capabilities in custom systems development for customers using the work management platform.

Antin To Buy NorthC From DWS In European Colocation Data Centre Deal

By Amit Chowdhry ● Dec 16, 2025

Antin Infrastructure Partners has agreed to acquire NorthC Datacenters, an enterprise colocation data centre platform in Northwest Europe, from DWS and other minority shareholders. Antin said the transaction will be executed through its Flagship Fund V and remains subject to regulatory approvals, with closing expected in the first half of 2026.

Integrated Partners Adds $200 Million Firm Morrison Nordmann Wealth Management To Expand Michigan Presence

By Amit Chowdhry ● Dec 16, 2025

Integrated Partners said Morrison Nordmann Wealth Management has joined its national financial planning and registered investment advisory platform, bringing an approximately $200 million client asset base to a firm that reports more than $23.8 billion in assets under advisement. Morrison Nordmann is based in Lansing, Michigan, and is led by President Matt Nordmann and Managing Director Scott Morrison.

Mercer Acquires $130 Million Firm McConnell Financial Advisors To Expand Presence Across Boise And Sun Valley

By Amit Chowdhry ● Dec 16, 2025

Mercer Global Advisors, Inc., operating as Mercer Advisors, said it has acquired McConnell Financial Advisors, a Boise, Idaho-based boutique financial planning firm with approximately $130 million in assets under management. The deal expands Mercer Advisors’ footprint in Idaho, including its reach across Boise and its growing client base in Sun Valley, and builds on the firm's existing presence in both markets.

Hexagon Acquires IconPro To Add Industrial AI For Remote Asset Monitoring And Predictive Metrology Maintenance

By Amit Chowdhry ● Dec 16, 2025

Hexagon AB has agreed to acquire IconPro, a German industrial AI solutions provider focused on intelligent asset maintenance, as Hexagon looks to expand AI driven monitoring and analytics across its manufacturing install base.

Senzing Acquires Placekey To Expand Open Standard For Location Data Interoperability

By Amit Chowdhry ● Dec 16, 2025

Senzing, a provider of real-time entity resolution technology, has acquired the Placekey service and technology, bringing the open, community-supported identifier standard for places data under Senzing’s ownership. The companies said the transaction aligns with Senzing’s goal of making data more interoperable and easier to connect across organizations and datasets.

WSP To Buy TRC For $3.3 Billion To Build Top U.S. Power And Energy Platform

By Amit Chowdhry ● Dec 15, 2025

WSP Global has agreed to acquire TRC Companies, a U.S.-based engineering and consulting firm known for its Power and Energy franchise, in an all-cash deal valued at US$3.3 billion. WSP said the transaction would expand its capabilities across the full infrastructure lifecycle and elevate the combined business into the largest engineering and design firm in the U.S. by revenue, with roughly 27,000 employees nationwide following closing.

iRobot Agrees To Be Acquired By Lender And Supplier Picea In Chapter 11 Process

By Amit Chowdhry ● Dec 15, 2025

iRobot Corporation, the maker of Roomba consumer robots, said it has entered into a Restructuring Support Agreement with its secured lender and primary contract manufacturer, Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited, collectively referred to as Picea, paving the way for Picea to acquire iRobot through a court-supervised process.