Mergers & Acquisitions

Pappas Family Of Restaurants Acquires On The Border Mexican Grill & Cantina

By Amit Chowdhry ● May 3, 2026

Pappas Restaurants, one of the nation's largest family-owned and operated restaurant groups, has completed the acquisition of On The Border Mexican Grill & Cantina, uniting two Texas-born dining institutions under a single roof. The deal, which closed in May 2025, brings together brands with deep roots in Lone Star hospitality and a shared passion for bold Tex-Mex flavors.

The Marzetti Company Completes Acquisition Of Bachan’s

By Amit Chowdhry ● May 3, 2026

The Marzetti Company has completed its acquisition of Bachan's, Inc., the fast-growing Japanese Barbecue Sauce brand known for its clean-label, family-recipe-inspired products, in a transaction valued at $400 million. The deal reinforces Marzetti's expanding position in the condiment and sauce category and is expected to create new opportunities through the company's retail and foodservice distribution network, supply chain capabilities, and culinary expertise.

Annex Brands Acquires Postal Connections To Surpass 800 Franchise Locations Across North America

By Amit Chowdhry ● May 3, 2026

Annex Brands, a leading franchisor in the packing, shipping, and office services industries, has acquired Postal Connections of America, franchisor of 34 Postal Connections packaging and shipping franchises across the United States.

Spring Health And Alma Complete Combination To Create First Lifelong Mental Health Platform

By Amit Chowdhry ● May 3, 2026

Spring Health, a global mental health company, has announced the successful closing of its acquisition of Alma, a membership-based platform that helps independent mental health clinicians accept insurance and build private practices. The combined company now supports more than 170 million lives globally across employers and health plans.

The Pete Store Acquires G.L. Sayre To Expand Mid-Atlantic Peterbilt Network Into Philadelphia And Wilmington

By Amit Chowdhry ● May 3, 2026

The Pete Store, a four-time Peterbilt North American Dealer of the Year and one of the largest privately owned Peterbilt dealer groups in North America, has acquired G.L. Sayre, a family-owned Peterbilt dealership with locations in Conshohocken, Pennsylvania and New Castle, Delaware.

Gardiner Service Company Acquires IntelliTech Fire And Security To Expand Life Safety Capabilities In Northern Ohio

By Amit Chowdhry ● May 3, 2026

Gardiner Service Company, a leader in Northern Ohio for HVAC and building technology, has acquired IntelliTech Fire and Security, a Medina, Ohio-based full-service provider specializing in fire protection and building safety systems. Financial terms were not disclosed.

Kiely Family Of Companies Acquires M. O’Herron Company, A 123-Year-Old Utility Contractor

By Amit Chowdhry ● May 3, 2026

Kiely Family of Companies, a multi-discipline design-build enterprise with more than 2,200 team members across the United States and India, has acquired M. O'Herron Company, a family-owned utility contractor specializing in natural gas distribution throughout the Pittsburgh Metro area and West Virginia since 1903. Financial terms were not disclosed.

Barclays: Acquisition Of Best Egg Completed To Expand U.S. Personal Lending Platform

By Amit Chowdhry ● May 3, 2026

Barclays has completed its acquisition of Best Egg, a U.S.-based direct-to-consumer personal loan origination platform, marking a key milestone in the bank’s U.S. growth strategy. The transaction was carried out through Barclays Bank Delaware, its U.S. consumer banking subsidiary.

Tech Mahindra: Acquisition Of Avant Techno Solutions Strengthens Payments And Wealth Capabilities

By Amit Chowdhry ● May 3, 2026

Tech Mahindra has acquired Avant Techno Solutions, a Canada-based firm specializing in payments modernization and wealth platforms, to enhance its capabilities in the banking, financial services, and insurance sectors.

PointsKash: Acquisition Of Keating Rewards Platform Expands Fintech Infrastructure Capabilities

By Amit Chowdhry ● May 3, 2026

PointsKash has acquired Keating Software’s rewards program development and reporting platform in a cash and stock transaction, bringing key technology in-house to enhance its fintech ecosystem.