Mergers & Acquisitions

Nextpower Raises FY2027 Outlook With $365 Million Prevalon Energy Acquisition

By Amit Chowdhry ● May 31, 2026

Nextpower announced a definitive agreement to acquire Prevalon Energy for up to $365 million, marking its entry into the battery energy storage systems (BESS) and AI data center power markets. The acquisition expands Nextpower’s technology platform beyond solar infrastructure into energy storage, energy management software, and critical power applications for utilities, industrial facilities, and hyperscale data centers.

Helio Intelligence To Be Acquired By ECI Partners As Bridgepoint Reinvests

By Amit Chowdhry ● May 31, 2026

Bridgepoint and Bowmark Capital have agreed to sell Helio Intelligence, a provider of AI-enabled political intelligence and public affairs monitoring services across Europe, to ECI Partners. The transaction remains subject to regulatory approval, and financial terms were not disclosed.

Red Robin Gourmet Burgers Raises $23.5 Million Through Refranchising Agreement To Advance First Choice Plan

By Amit Chowdhry ● May 31, 2026

Red Robin Gourmet Burgers announced that it has entered into a refranchising agreement to sell 30 restaurant locations in Washington and Western Idaho to Evergreen Dining LLC, an experienced multi-unit restaurant operator. The transaction is expected to generate $23.5 million in cash proceeds for the company and represents another step in Red Robin’s ongoing First Choice Plan, which is focused on strengthening operations and improving financial performance.

Birtcher Anderson & Davis And Belay Investment Group Complete Sale Of Whitlock I Industrial Property In Texas

By Amit Chowdhry ● May 31, 2026

Birtcher Anderson & Davis Associates (BA&D) and Belay Investment Group announced the sale of Whitlock I, a two-building, multi-tenant industrial property totaling 49,650 square feet in Carrollton, Texas, within the North Dallas industrial market. The transaction closed on February 3, 2026, following marketing efforts led by Stream Realty Partners.

LPL: $240 Million Firm Schott Financial Management Onboarded

By Amit Chowdhry ● May 31, 2026

LPL Financial announced that financial advisor Steve Schott, MBA, and his firm, Schott Financial Management, have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. The firm reported serving approximately $240 million in advisory, brokerage and retirement plan assets and transitioned to LPL from Cambridge Investment.

Raymond James: $2.8 Billion Firm Financial Strategies Retirement Partners Joins

By Amit Chowdhry ● May 31, 2026

Raymond James announced that Financial Strategies Retirement Partners (FSRP), a Bedford, New Hampshire-based advisory firm overseeing $2.8 billion in client assets, has joined Raymond James Financial Services (RJFS), the firm’s independent advisor channel.

Fortress Investment Group Acquires IPValue Management Group

By Amit Chowdhry ● May 31, 2026

Fortress Investment Group announced the acquisition of IPValue Management Group, one of the world's leading intellectual property licensing companies. Funds managed by Fortress affiliates led a group of investors in acquiring the company, positioning IPValue for its next phase of growth and expansion in the intellectual property commercialization market.

Sprinklr Acquires ViralMoment To Expand Multimodal Customer Intelligence Capabilities

By Amit Chowdhry ● May 31, 2026

Sprinklr announced the acquisition of assets of ViralMoment, an AI-powered social video intelligence and analytics platform, in a move designed to strengthen its position in customer intelligence and social listening. The acquisition enhances Sprinklr’s AI-native Unified Customer Experience Management (Unified-CXM) platform with technology capable of analyzing video, images, audio, and on-screen text, helping enterprises better understand customer behavior and cultural trends across increasingly visual social media environments.

Butterfield To Acquire CIBC Caribbean In $1.8 Billion Transaction

By Amit Chowdhry ● May 31, 2026

The Bank of N.T. Butterfield & Son Limited announced a definitive agreement to acquire CIBC’s 91.7% ownership stake in CIBC Caribbean Bank Limited in a transaction valued at approximately $1.794 billion. The deal will combine two longstanding banking franchises to create a financial institution with roughly $29 billion in assets, expanding Butterfield’s presence across international financial centers and key Caribbean markets.

Sopra Steria: Proposed Acquisition Of Digital Product Simulation To Expand PLM And Digital Engineering Capabilities

By Amit Chowdhry ● May 31, 2026

Sopra Steria announced that it has entered into exclusive negotiations to acquire Digital Product Simulation through its subsidiary CIMPA, a move designed to strengthen its Product Lifecycle Management (PLM) offerings and deepen its expertise in digital engineering solutions.

CVC Capital Partners Exits Naturgy Stake Through Share Placement

By Amit Chowdhry ● May 31, 2026

Goldman Sachs Bank Europe SE announced the launch of an accelerated bookbuilt offering on behalf of Rioja Acquisition S.à r.l., an investment vehicle associated with CVC Capital Partners, for the sale of 107.47 million shares in Naturgy Energy Group. The stake represents approximately 11.08% of Naturgy's outstanding share capital and marks a significant step in CVC's exit from the Spanish energy company.

CPP Investments Sells C$4 Billion Portfolio of Private Equity Fund Interests To Blackstone Strategic Partners And Ardian

By Amit Chowdhry ● May 31, 2026

Canada Pension Plan Investment Board (CPP Investments) announced that it has completed the sale of a diversified portfolio of 33 limited partnership fund interests to Blackstone Strategic Partners and Ardian, two major global private markets investors.

ARCTRUST Acquires Seven-Property Net Lease Portfolio For DST Offering

By Amit Chowdhry ● May 31, 2026

ARCTRUST Private Capital, the capital markets division of ARCTRUST Group of Companies, announced the acquisition of a seven-property single-tenant net lease portfolio that will be offered to accredited investors through a Delaware statutory trust (DST) structure known as ARCTRUST Exchange II DST.

Credo Completes Acquisition Of DustPhotonics To Expand AI Optical Connectivity Portfolio

By Amit Chowdhry ● May 31, 2026

Credo Technology Group Holding announced the completion of its acquisition of DustPhotonics, adding silicon photonics photonic integrated circuit (SiPho PIC) technology to its optical connectivity portfolio and strengthening its position in the rapidly growing AI infrastructure market.

Apogee Enterprises To Acquire Kalwall Companies For Up To $115 Million

By Amit Chowdhry ● May 31, 2026

Apogee Enterprises announced that it has entered into a definitive agreement to acquire Kalwall Companies from the Keller family for up to $115 million in a cash-free, debt-free transaction. The deal includes $105 million in cash at closing and up to $10 million in earnout payments tied to financial performance through the third quarter of Apogee’s fiscal 2027. The acquisition is expected to close during the company’s fiscal 2027 second quarter, subject to customary closing conditions.

Altruix Acquired By Frazier Healthcare Partners And Randy Hyun Appointed CEO

By Amit Chowdhry ● May 31, 2026

Frazier Healthcare Partners announced the completion of its acquisition of Altruix, a behavioral health-focused pharmacy provider serving patients with severe mental illness, substance use disorders, and intellectual and developmental disabilities.

Tanger Acquires The Town Center At Levis Commons For $60 Million, Expands Open-Air Lifestyle Center Portfolio

By Amit Chowdhry ● May 31, 2026

Tanger, a leading owner and operator of outlet and open-air retail shopping destinations, announced the acquisition of The Town Center at Levis Commons, a 300,000-square-foot open-air lifestyle center located in the Perrysburg submarket of Toledo, Ohio.

DIMAAG Acquires Akridata to Scale Physical AI and Next-Generation Infrastructure

By Amit Chowdhry ● May 31, 2026

DIMAAG, a deep technology company focused on industrial AI, robotics, energy systems, and high-performance infrastructure for AI data centers, announced the acquisition of Akridata, a company specializing in AI vision systems and edge-to-core AI infrastructure.

Tamboran Resources Completes Falcon Acquisition And Expands Beetaloo Basin Position To 2.8 Million Net Prospective Acres

By Amit Chowdhry ● May 31, 2026

Tamboran Resources has completed its acquisition of subsidiaries of Falcon Oil & Gas following final court approval from the Supreme Court of British Columbia. The transaction significantly expands Tamboran’s footprint in Australia’s Beetaloo Basin, resulting in approximately 2.8 million net prospective acres and establishing the company as the largest acreage holder in the basin’s depocenter.

Certerra Expands Texas Pavement Engineering Capabilities With HP2 Engineering Team Addition

By Amit Chowdhry ● May 31, 2026

Certerra, a provider of materials engineering and infrastructure support services, announced the expansion of its pavement and asphalt engineering capabilities in Texas through the addition of Stacy Rowh and the HP2 Engineering team. As part of the transaction, Certerra acquired the HP2 Engineering trade name and related intellectual property, strengthening its presence in one of the country’s largest transportation infrastructure markets.

Global Electronics Association Acquires EMS Market Intelligence Program From New Venture Research

By Amit Chowdhry ● May 31, 2026

The Global Electronics Association announced that it has acquired the electronics manufacturing services (EMS) market intelligence program of New Venture Research (NVR), expanding its Industry Intelligence platform and strengthening its data and research capabilities for the global electronics sector.

Novi Labs Acquires RBN Energy to Unite Upstream and Midstream Intelligence Across North American Energy Markets

By Amit Chowdhry ● May 31, 2026

Novi Labs, an AI-driven energy intelligence company, announced the acquisition of RBN Energy, a Houston-based energy market intelligence, analytics, consulting, and education firm. The deal is designed to create a unified decision-making platform that combines upstream asset analytics with commodity market and midstream intelligence across North American energy markets.

Puget Collision Acquires Six Fix Auto USA Locations And Expands Network To 72 Collision Repair Centers

By Amit Chowdhry ● May 31, 2026

Puget Collision announced the acquisition of a six-location Fix Auto USA franchise group operated by Richard Fish across San Diego and Orange Counties, California. The transaction expands Puget Collision's footprint to 72 collision repair locations across the United States and strengthens its presence in key Southern California markets.

Stratasys: $42.5 Million Acquisition Of MarkForged Expands Aerospace And Defense Capabilities

By Amit Chowdhry ● May 30, 2026

Stratasys announced it has entered into a definitive agreement to acquire MarkForged, a wholly owned subsidiary of Nano Dimension, in an all-cash transaction valued at approximately $42.5 million, subject to customary adjustments. The deal is expected to close in the second half of 2026, pending regulatory approvals and customary closing conditions.

ProLogium: $3.8 Billion SPAC Deal To Take Solid-State Battery Developer Public On Nasdaq

By Amit Chowdhry ● May 30, 2026

ProLogium, a next-generation solid-state battery developer, has entered into a definitive business combination agreement with special purpose acquisition company (SPAC) Translational Development Acquisition Corp. that will take the company public on Nasdaq. Upon closing, the combined company will be renamed ProLogium Technology and is expected to trade under the ticker symbol “PRLG.”

NUBURU: €64.6 Million Tekne Acquisition Agreement

By Amit Chowdhry ● May 30, 2026

NUBURU announced that it has signed a definitive Share Purchase and Investment Agreement (SPA) with Tekne S.p.A. and its historical shareholders, formalizing a path to acquire a controlling 70% ownership stake in the Italian defense and security company, subject to approval under Italy’s Golden Power regulatory framework.

Alpha Compute: $11 Million Acquisition Of GAMEE Establishes AI Gaming Division

By Amit Chowdhry ● May 30, 2026

Alpha Compute announced that it has completed its majority acquisition of GAMEE, a gaming and digital rewards platform, in a deal that establishes Alpha Games, the company’s new AI gaming division. As part of the transaction, GAMEE founder Bozena Rezab will lead the division as Executive Vice President.

Comscore Movies: Advaya Capital’s Acquisition Launches New Era For Box Office Intelligence

By Amit Chowdhry ● May 30, 2026

Advaya Capital announced the completion of its acquisition of Comscore Movies from Comscore, marking a significant transition for one of the theatrical industry's most important data platforms. As part of the transaction, the business will return to its historic Rentrak brand, the name under which it originally established itself as the global standard for theatrical box office intelligence.

PipeChain Acquires Quyntess To Expand Global Footprint And Procure-To-Pay Capabilities

By Amit Chowdhry ● May 30, 2026

PipeChain, a provider of cloud-based collaborative planning and execution software for multinational companies and multi-enterprise network solutions for the automotive and retail industries, announced the acquisition of Dutch supply chain software company Quyntess Holding B.V.

Otovo: Up To $2.1 Million Acquisition Of SunSystem Technology Expands U.S. Operations Across 14 States

By Amit Chowdhry ● May 30, 2026

Otovo ASA announced that it has signed a non-binding letter of intent to acquire SunSystem Technology (SST), a U.S.-based provider of operations and maintenance (O&M) services for distributed generation assets. The proposed transaction marks Otovo’s seventh acquisition since its December 2025 merger and would significantly expand the company’s U.S. footprint with coast-to-coast service capabilities.