Archives

NTT DATA To Acquire Netgain, Creating Sweden’s Largest Pure-Play ServiceNow Company

By Amit Chowdhry ● Aug 27, 2026

NTT DATA has agreed to acquire Netgain AB and combine it with The Cloud People, creating what the company describes as Sweden's largest pure-play ServiceNow business. The acquisition is expected to close within weeks, subject to customary regulatory approvals and other closing conditions.

Arintra Raises $25 Million Series B As AI Revenue Platform Processes $5 Billion In Annual Claims

By Amit Chowdhry ● Aug 27, 2026

Arintra has raised $25 million in Series B funding to expand its AI-powered healthcare revenue assurance platform, bringing the company's total funding since inception to $51 million.

Swvl Raises $13 Million PIPE Led By Sawiris-Backed Coefficient As U.S. Expansion Begins

By Amit Chowdhry ● Aug 27, 2026

Swvl Holdings has entered into a definitive agreement for a $13 million private placement led by Coefficient, an investment firm backed by the Sawiris family, providing the mobility technology company with additional capital to accelerate its U.S. expansion, introduce new financial products and strengthen its balance sheet.

H.I.G. Capital Invests In HBK As Accounting And Wealth Firm Gains First Institutional Partner

By Amit Chowdhry ● Aug 27, 2026

H.I.G. Capital has made a strategic growth investment in HBK, becoming the accounting, tax, technology and wealth management firm's first institutional investor. The deal is expected to close during the fourth quarter of 2026, subject to customary closing conditions.

Perma-Pipe Secures Up To $139 Million Global Credit Facility From J.P. Morgan

By Amit Chowdhry ● Aug 27, 2026

Perma-Pipe International Holdings has closed a new global credit facility with J.P. Morgan providing up to $139 million of total financing capacity, giving the engineered piping and infrastructure company additional flexibility to support working capital, international expansion, and strategic investments.

Mountain Ridge Capital Provides $15 Million Senior Secured Facility For 70+ Store Apparel Retail Acquisition

By Amit Chowdhry ● Aug 27, 2026

Mountain Ridge Capital has closed a $15 million senior secured credit facility supporting the acquisition of an apparel retailer with more than 70 stores.

Perion Acquires PRN For Up To $12 Million, Adding In-Store Media Across Thousands Of Retail Locations

By Amit Chowdhry ● Aug 27, 2026

Perion has acquired in-store retail media company PRN for up to $12 million in cash, expanding its digital out-of-home and retail media capabilities across major North American retailers.

PGIM Adds Lucas Radal From Mubadala To Lead Middle East Secondaries As Credit Strategy Targets $1 Billion

By Amit Chowdhry ● Aug 27, 2026

PGIM has appointed Lucas Radal as Head of Middle East Secondary Investments for Montana Capital Partners, expanding the firm's private markets secondaries platform into the region and strengthening its ability to source transactions and build relationships with Middle Eastern investors.

REGENT Raises $240 Million Series B To Scale Seaglider Production

By Amit Chowdhry ● Aug 27, 2026

REGENT Craft has raised $240 million in Series B financing to move its Seaglider platform into full-scale manufacturing.

LPL Financial Adds Jonathan Lewis From Wells Fargo As Chief Technology And Information Officer

By Amit Chowdhry ● Aug 27, 2026

LPL Financial has appointed Jonathan Lewis as Managing Director and Chief Technology and Information Officer as the approximately $2.6 trillion wealth management platform continues expanding its investments in artificial intelligence, digital infrastructure and advisor technology.

Gallagher Adds Michael Robinson From Aegon As Head Of UK Defined Contribution Investment

By Amit Chowdhry ● Aug 27, 2026

Gallagher has appointed Michael Robinson as Head of Defined Contribution Investment for its Benefit & HR Consulting division in the U.K., strengthening the firm's investment capabilities as pension schemes face increasing pressure around scale, value, diversification and retirement outcomes.

Blank Rome Adds Tarek Abdalla From Jones Day To Co-Lead Construction And Infrastructure Practice

By Amit Chowdhry ● Aug 27, 2026

Blank Rome has added Tarek F. Abdalla as a partner and appointed him Co-Chair of its Construction & Infrastructure practice alongside Patrick D. Harder, strengthening the firm's capabilities across major construction, energy and infrastructure projects.

Alston & Bird Names Bill Jordan Managing Partner As Richard Hays Plans 2027 Transition

By Amit Chowdhry ● Aug 27, 2026

Alston & Bird's partners have selected William H. "Bill" Jordan to become Managing Partner beginning in January 2027, setting up a major leadership transition at the law firm after nearly two decades under Richard Hays.

Carey Olsen Promotes Laura Kearns To Partner In Bermuda Trusts And Private Wealth Practice

By Amit Chowdhry ● Aug 27, 2026

Carey Olsen has promoted Laura Kearns to partner within its trusts and private wealth practice in Bermuda, strengthening the firm's senior capabilities across trust structuring, estate planning and private client advisory work.

Quaise Energy Raises $180 Million Series B To Build First Superhot Geothermal Plant

By Amit Chowdhry ● Aug 27, 2026

Quaise Energy has closed a $180 million Series B financing round, including a $35 million strategic investment from Nabors Industries, bringing the geothermal technology company's total funding to $280 million. The financing will support Project Obsidian, which Quaise describes as the world's first commercial superhot geothermal power plant.

Socure Secures Growth Investment At $5.2 Billion Valuation And Acquires Fravity As ARR Reaches $364 Million

By Amit Chowdhry ● Aug 27, 2026

Socure has secured a strategic growth investment valuing the identity and risk intelligence company at $5.2 billion and is also acquiring Fravity, an agentic fraud and compliance operations platform.

Core Scientific Secures $600 Million Credit Facilities From Morgan Stanley, JPMorgan, Goldman Sachs And TD

By Amit Chowdhry ● Aug 27, 2026

Core Scientific has secured $600 million of committed senior secured credit facilities designed to increase financial flexibility as the digital infrastructure company expands its high-density colocation business. The financing consists of a $100 million revolving credit facility and a $500 million letter of credit facility.

Avaloq Names Nidhi Singh Chief Product And Development Officer As Wealth Technology Roadmap Advances

By Amit Chowdhry ● Aug 27, 2026

Avaloq has appointed Nidhi Singh as Chief Product and Development Officer and a member of its Group Executive Board, effective September 7, strengthening the company's senior leadership across product strategy, engineering and technology development.

Future Fund CEO Raphael Arndt To Step Down As Assets Reach A$356 Billion

By Amit Chowdhry ● Aug 27, 2026

Raphael Arndt will step down as Chief Executive Officer of Australia's Future Fund at the end of 2026 and return to the private sector, marking the end of a lengthy leadership tenure at the country's sovereign wealth fund, according to Reuters.

Star Mountain Capital Adds Adam Fitzner As Managing Director To $5 Billion Private Markets Platform

By Amit Chowdhry ● Aug 27, 2026

Star Mountain Capital has appointed Adam Fitzner as Managing Director and Strategic Portfolio Partner, adding more than 30 years of private equity, restructuring, and operating experience to the approximately $5 billion alternative asset manager.

Mayer Brown Adds Justin Hewett To Expand Leveraged Finance And Private Credit In Houston

By Amit Chowdhry ● Aug 27, 2026

Mayer Brown has added Justin Hewett as a partner in its Global Leveraged Finance and Private Capital Group in Houston, continuing the firm's expansion of its Texas finance practice and strengthening its capabilities across private credit and complex lending transactions. Hewett joins Mayer Brown from DLA Piper.

Sumitomo Offers $582 Million For FleetPartners As 4-Way Takeover Battle Escalates

By Amit Chowdhry ● Aug 27, 2026

A consortium led by Sumitomo Corporation has offered A$813.1 million, or approximately $582 million, to acquire Australia's FleetPartners, escalating a four-way takeover contest for the vehicle leasing company, according to Reuters.

Authentic Acquires Majority Stake In OVO As Drake Retains Significant Ownership And Creative Role

By Amit Chowdhry ● Aug 27, 2026

Authentic Brands Group has acquired a majority stake in the intellectual property of OVO, the premium lifestyle brand co-founded by Drake, as the partners look to expand the brand globally.

Katten Adds Genevieve Weiner From Sidley Austin As Los Angeles Restructuring Partner

By Amit Chowdhry ● Aug 27, 2026

Katten has added Genevieve Weiner as a partner in its Restructuring practice in Los Angeles, expanding the firm's capabilities across complex financial restructurings and distressed transactions.

Simpson Thacher Adds Jessica Cooney As Boston M&A Partner As Deal Value Since 2020 Nears $2 Trillion

By Amit Chowdhry ● Aug 27, 2026

Simpson Thacher & Bartlett has added Jessica Cooney as a partner in its Mergers and Acquisitions Practice in Boston, expanding the firm's private equity and transactional capabilities in the region.

Squire Patton Boggs Adds Oksana Lashko As National Co-Chair Of Creditors’ Committee Practice

By Amit Chowdhry ● Aug 27, 2026

Squire Patton Boggs has added Oksana Lashko as a partner in New York and National Co-Chair of its Creditors' Committee Practice, continuing the expansion of the firm's global Restructuring & Insolvency team.

White & Case Adds Timothy Clark From Mayer Brown As New York Investment Funds Partner

By Amit Chowdhry ● Aug 27, 2026

White & Case has added Timothy Clark as a partner in New York, expanding its Global Investment Funds Practice and Global Private Capital Industry Group as it continues to build its private capital capabilities.

Willkie Adds Matthew Penny As Energy And Infrastructure Partner Focused On Data Centers And EPC Projects

By Amit Chowdhry ● Aug 27, 2026

Willkie Farr & Gallagher has added Matthew Penny as an energy and infrastructure partner based in Houston and Dallas, strengthening the firm's capabilities around development, construction and Engineering, Procurement and Construction matters.

4Pines Fund Services Names Brian Sciortino COO After Leading Operations With 1,300+ Professionals

By Amit Chowdhry ● Aug 27, 2026

4Pines Fund Services has appointed Brian Sciortino as Chief Operating Officer as the fund administrator continues scaling its technology and operational infrastructure for private equity, venture capital and alternative investment managers.

Balentine Acquires Valuation Growth Advisory In All-Stock Deal

By Amit Chowdhry ● Aug 27, 2026

Balentine has acquired Valuation Growth Advisory in an all-stock transaction, expanding the independent wealth manager's business advisory capabilities for entrepreneurs and multigenerational families. Balentine advises on more than $9 billion in assets.