Mergers & Acquisitions

Aspen Standard Wealth Buying $2.9 Billion Team New England Private Wealth Advisors

By Amit Chowdhry ● Apr 8, 2025

Aspen Standard Wealth, an RIA acquirer that serves as a permanent home and long-term partner for RIAs, announced that it has acquired New England Private Wealth Advisors (NEPWA), a Boston-based RIA with $2.9 billion in assets under management (AUM) as of December 2024.

Fiserv To Acquire Pinch Payments For Enhancing Payment Service Offerings

By Amit Chowdhry ● Apr 8, 2025

Fiserv (a leading global provider of payments and financial services technology) announced it acquired Pinch Payments, a payment facilitator (PayFac), known for leading PayFac enablement and its management platform “Glassbox.”

Sequence Buying Light To Address Blockchain Fragmentation

By Amit Chowdhry ● Apr 8, 2025

Horizon Blockchain Games (a pioneer of web3 infrastructure and gaming) announced that it will now operate solely under the name Sequence. Along with the rebrand, Sequence expands its technical leadership with the strategic acquisition of Light, a pioneer of chain abstraction technologies.

Ripple To Buy Hidden Road In $1.25 Billion Deal

By Amit Chowdhry ● Apr 8, 2025

Ripple, a leading provider of digital asset infrastructure for financial institutions, announced it is buying Hidden Road for $1.25 billion. This represents one of the largest deals in the digital assets space.

ServiceNow Buying Logik.ai To Accelerate CRM Footprint

By Amit Chowdhry ● Apr 8, 2025

ServiceNow announced it signed a definitive agreement to acquire Logik.ai, an industry leader with a modern, AI-based, composable Configure, Price, Quote (CPQ) solution. And Logik.ai’s capabilities for sales and commerce will expand ServiceNow’s growing CRM footprint and empower sales organizations to close deals faster, boost productivity levels, and achieve greater efficiency.

Savvy: Over $1.5 Billion In AUM Surpassed And Expands FA Team

By Amit Chowdhry ● Apr 8, 2025

Savvy Advisors, a registered investment advisor (RIA) affiliated with Savvy Wealth, announced the addition of five experienced financial advisors, expanding its team to over 50 financial planners and wealth managers. And advisors who join Savvy gain access to Savvy Wealth’s AI-based technology designed to improve advisor efficiency and output.

Marvell Selling Auto Ethernet Business To Infineon For $2.5 Billion Cash

By Amit Chowdhry ● Apr 7, 2025

Marvell Technology (a leader in data infrastructure semiconductor solutions) announced that it has entered into a definitive agreement under which Infineon Technologies will buy Marvell's Automotive Ethernet business in an all-cash transaction valued at $2.5 billion.

TowneBank And Old Point National Bank Merging In $203 Million Deal

By Amit Chowdhry ● Apr 7, 2025

TowneBank and Old Point Financial—the parent company of The Old Point National Bank of Phoebus (OPNB)—announced an agreement and plan of merger. Under the agreement, TowneBank will acquire Old Point and OPNB. The proposed deal will enhance TowneBank’s position in the Hampton Roads MSA by adding a high-quality core deposit franchise.

Cloudflare Buying Outerbase To Enhance The Developer Database Experience

By Amit Chowdhry ● Apr 7, 2025

Cloudflare announced the acquisition of Outerbase (a developer database company) to dramatically enhance the developer database experience across Cloudflare Workers. With this deal, building database-backed applications will be more approachable, enabling more teams to build and deploy full-stack, AI-enabled applications on Cloudflare’s global network.

Waverly Buying Fiduciary Wealth Advisors

By Amit Chowdhry ● Apr 7, 2025

Waverly Advisors - a federally registered investment adviser (RIA) that specializes in investment management, financial planning, and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans, and institutional clients - announced it has acquired Fiduciary Wealth Advisors (FWA), a wealth management firm located in Sarasota, FL. This partnership expands Waverly’s presence in Southwest Florida.

IBM Buying Data And AI Consultancy Company Hakkoda

By Amit Chowdhry ● Apr 7, 2025

IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients prepare their data to advance AI-based business operations.

NewEdge Advisors Brings In $1.4 Billion Florida-Based Team

By Amit Chowdhry ● Apr 7, 2025

NewEdge Advisors, a leading New Orleans-based RIA supporting independent financial advisors nationwide, announced Krueger, Fosdyck, Brown, McCall & Associates (a team based in Destin, Florida) has joined the firm from Merrill Lynch, where they managed $1.4 billion in client assets.

WTW Buying Global Commercial Credit

By Amit Chowdhry ● Apr 7, 2025

WTW (a leading global advisory, broking, and solutions company) announced the acquisition of Global Commercial Credit (GCC) into Willis. This strategic deal will advance performance by expanding into specialized businesses that align with the company’s technical, industry-structured, and expertise-driven growth plan.

Tiny Buying Controlling Stake In Serato For $66 Million

By Amit Chowdhry ● Apr 7, 2025

Canada-based holding company Tiny announced it has acquired a controlling stake in DJ software company Serato for C$94.5 million ($66 million USD). This deal is being made through a combination of cash and common shares. The cash amount is $42 million, and Serato is valued at $175 million. The deal is expected to close in Q2 of 2025.

Motorola Solutions To Buy Visitor Management Company InVisit

By Amit Chowdhry ● Apr 7, 2025

Motorola Solutions announced it has entered into a definitive agreement to acquire InVisit, a cloud-based visitor management solution provider based in Calabasas, California. The deal will expand Motorola Solutions’ cloud-native Avigilon Alta security suite for enterprise customers, helping to better tackle rising security threats to people, operations, and assets in organizations worldwide.

Siemens To Buy Dotmatics In $5.1 Billion Deal

By Amit Chowdhry ● Apr 7, 2025

Dotmatics, a provider of scientific software that provides end-to-end solutions to connect science, data, and decision-making for life sciences R&D, announced it has signed a definitive agreement to be acquired by Siemens for $5.1 billion.

LPL Financial Buying Commonwealth Financial For $2.7 Billion In Cash

By Amit Chowdhry ● Apr 4, 2025

LPL Financial announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network, the country's largest independently owned wealth management firm.

Mercer Advisors Brings In $583 Million Vishria Bird Team

By Amit Chowdhry ● Apr 4, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Vishria Bird Financial Group, a Memphis-based financial planning and advisory firm. This deal further enhances Mercer Advisors' footprint in Tennessee, complementing its existing offices in the Nashville area.

EP Wealth Advisors Bringing In $660 Million Team Peninsula Wealth

By Amit Chowdhry ● Apr 4, 2025

EP Wealth Advisors - a leading fee-only registered investment adviser (RIA) with a growing national footprint - announced its partnership with Peninsula Wealth in San Francisco, CA. This strategic deal enhances EP Wealth’s ability to serve clients in Northern California while adding more than $660 million in assets under management (AUM).

Marsh McLennan Agency Buying Arthur Hall Insurance

By Amit Chowdhry ● Apr 4, 2025

Marsh McLennan Agency (MMA)—a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada—announced the acquisition of Arthur Hall Insurance, a full-service insurance agency based in West Chester, Pennsylvania. Terms of the acquisition were not disclosed.

LPL Onboards $450 Million Team Horizon Capital Advisors

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that eight financial advisors with Horizon Capital Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And they reported serving approximately $450 million in advisory, brokerage and retirement plan assets and join LPL from Osaic.

Wealth Enhancement Brings In $581+ Million Team From First International Bank & Trust

By Amit Chowdhry ● Apr 3, 2025

Wealth Enhancement, a national independent wealth management firm focused on enriching clients' lives, announced it has acquired the Wealth Services Division of First International Bank & Trust, headquartered in Watford City, North Dakota. The team oversees $581+ million in client assets and will transition to affiliate Wealth Enhancement Trust Services.

MDA Space Buying SatixFy Communications In $193 Million Deal

By Amit Chowdhry ● Apr 3, 2025

MDA Space (a mission partner to the rapidly expanding global space industry) and SatixFy Communications (a leader in next-generation satellite communication solutions based on in-house-designed chipsets) announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for $2.10 per share.

Duke Health Completes $284 Million Deal For Lake Norman Regional Medical Center

By Amit Chowdhry ● Apr 3, 2025

Duke Health announced it has finalized its $284 million acquisition of Lake Norman Regional Medical Center (LNRMC) and related businesses in Mooresville, N.C., assuming operations on April 1. The hospital was renamed Duke Health Lake Norman Hospital during a brief ceremony.

Law Firms Phelps And Beggs & Lane To Combine

By Amit Chowdhry ● Apr 3, 2025

Phelps announced that on May 1, 2025, it will combine with Beggs & Lane, the oldest law firm in Pensacola, Florida. Operating as Phelps, this combination will expand the super-regional law firm to over 425 lawyers in 17 offices.

Raymond James Onboards $740 Million Alaska-Based Advisor Team

By Amit Chowdhry ● Apr 3, 2025

Raymond James recently brought in a team of five financial advisors to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Juneau, Alaska as announced by Dominic Prioli, Central regional director for RJA.

LPL Brings In $600 MIllion FA Austin Greer

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that financial advisor Austin Greer, CRPS, has joined LPL’s employee advisor channel Linsco by LPL Financial, to launch Oxford Oaks Capital of LPL Financial. And he reported serving approximately $600 million in advisory, brokerage and retirement plan assets and joins LPL from UBS.

Providence Equity Partners Buying Tax Systems From Bowmark Capital

By Amit Chowdhry ● Apr 3, 2025

Providence Equity Partners - a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies - announced the acquisition of Tax Systems (global tax and accounting software provider) from Bowmark Capital, the mid-market private equity firm specializing in technology, data, and service companies. And Providence’s investment will support Tax Systems’ continued platform expansion and innovation, targeting new tax and regulatory compliance solutions in existing and new geographies.

JM Test Systems Acquiring Alabama Scale & Instrument

By Amit Chowdhry ● Apr 3, 2025

JM Test Systems - a leading provider of test equipment solutions and calibration services - announced the acquisition of Alabama Scale & Instrument (ASI), expanding its presence in the Southeast and enhancing its capabilities in test equipment services.

Rocket Companies Buying Mr. Cooper In $9.4 Billion Deal

By Amit Chowdhry ● Mar 31, 2025

Detroit-based Rocket Companies announced a definitive agreement to acquire Mr. Cooper Group in an all-stock transaction for $9.4 billion in equity value, based on an 11x exchange ratio.