Mergers & Acquisitions

Cetera: Milestone Wealth Management Joins With About $150 Million In AUA

By Amit Chowdhry ● May 7, 2026

Cetera Financial Group announced that financial advisor Jaakko “Jack” Kasko and his team at Milestone Wealth Management joined the firm after spending the past 10 years affiliated with Commonwealth Financial Network. Kasko and his Saint Joseph, Michigan-based team oversee approximately $150 million in assets under administration.

Diversified Energy And Carlyle: $1.2 Billion Camino Natural Resources Asset Acquisition Agreement

By Amit Chowdhry ● May 7, 2026

Diversified Energy and Carlyle’s Global Credit platform announced they entered into an agreement to acquire certain oil and natural gas properties and related assets in Oklahoma’s Anadarko Basin from Camino Natural Resources for approximately $1.2 billion, subject to customary adjustments.

William Blair Acquires Inner Circle Sports To Expand Sports, Media, And Entertainment Investment Banking Platform

By Amit Chowdhry ● May 7, 2026

William Blair announced it has entered into a definitive agreement to acquire Inner Circle Sports, a boutique investment bank focused on the global sports, media, and entertainment sectors. Financial terms of the transaction were not disclosed.

Global Net Lease To Acquire Modiv Industrial In $535 Million Transaction

By Amit Chowdhry ● May 7, 2026

Global Net Lease (GNL) announced it has entered into a definitive merger agreement to acquire Modiv Industrial in an all-stock transaction valued at approximately $535 million in enterprise value.

Mercer Advisors Acquires $100 Million Firm Eagleson Arndt Financial Advisors

By Amit Chowdhry ● May 7, 2026

Mercer Global Advisors has acquired Eagleson Arndt Financial Advisors, a Thousand Oaks, California-based women-led wealth management firm with approximately $100 million in assets under management. The acquisition expands Mercer Advisors' presence in Ventura County and the broader Greater Los Angeles region.

Willdan Group: Commercial Energy Expansion Accelerates With Burton Energy Group Acquisition

By Amit Chowdhry ● May 7, 2026

Willdan Group announced the acquisition of Burton Energy Group, an energy management consulting and solutions provider headquartered near Atlanta, significantly expanding Willdan’s commercial energy capabilities and strengthening its presence across the Southeast and Midwest.

Lumen Technologies: $475 Million Alkira Acquisition Advances AI-Era Networking Platform

By Amit Chowdhry ● May 7, 2026

Lumen Technologies announced an agreement to acquire Alkira for $475 million in cash, a move designed to accelerate the company’s digital platform strategy and expand its cloud-native networking capabilities for enterprise customers operating in hybrid and multi-cloud environments.

PLP Acquires Delta Star Conetores Elétricos To Expand Global Substation Portfolio In Brazil

By Amit Chowdhry ● May 7, 2026

Preformed Line Products Company has acquired Delta Star Conetores Eletricos Ltda., a Brazil-based manufacturer of high-voltage and extra-high-voltage substation connectors. The acquisition strengthens PLP's global leadership in substation hardware and components and expands its footprint in the Americas.