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Reverence Capital Partners has announced the closing of a recapitalization of Osaic, Inc., one of the nation's largest providers of wealth management solutions, representing more than $2 billion in new capital funded at close. The transaction is anchored by a continuation vehicle that will establish a new long-term institutional capital base while maintaining existing governance and board composition. Proceeds from the transaction will be used to provide liquidity to existing investors in Reverence Capital's funds, while Reverence Capital is simultaneously committing incremental capital from its current flagship Fund IV to support Osaic's future growth initiatives.

Marsh McLennan Agency has reached an agreement to acquire TriBridge Partners, an independent benefits broker and retirement and wealth advisor headquartered in Columbia, Maryland. Founded in 2013 through the strategic merger of three well-established regional brokerage and advisory firms, TriBridge offers group health, employee benefits, retirement plan advisory, wealth management, and individual insurance services to clients across the Mid-Atlantic region. The acquisition is designed to strengthen MMA's Mid-Atlantic practice by adding specialized expertise in benefits and wealth advisory to complement its existing property and casualty capabilities. Financial terms were not disclosed.

Gymkhana Fine Foods, the premium Indian food brand born from London's two-Michelin-starred Gymkhana restaurant, has closed an $8.5 million Series A funding round led by CAVU Consumer Partners. The raise coincides with the brand's national U.S. debut, launching exclusively at Whole Foods Market stores nationwide and online, bringing restaurant-grade Indian cuisine to American home kitchens for the first time.

Spotify is launching a new Verified by Spotify badge to help listeners identify authentic artists on the platform, as part of a broader push to provide greater transparency and trust in the streaming experience. The badge, marked by a light green checkmark icon and "Verified by Spotify" text, will begin appearing on artist profiles and next to artist names in search over the coming weeks. The rollout comes as Spotify expands its suite of context features, including SongDNA, expanded song credits, About the Song, and AI credits, all designed to give listeners more insight into the music and artists they discover.

Netflix is rolling out a significant redesign of its mobile app experience, introducing a new vertical video feed called Clips and a streamlined navigation interface to make it faster and more enjoyable for subscribers to find content on their phones. The update represents the first major overhaul of the Netflix mobile experience in years, following the company's TV interface redesign last year. Netflix says the new design puts what members care about front and center, with a visual, vertical discovery experience built for the way people naturally use their smartphones throughout the day.

Google is replacing Google Assistant with Gemini in cars with Google built-in, offering drivers a more natural, conversational, and capable AI experience behind the wheel. The rollout is starting with English-language users in the United States and is expected to expand to more languages and countries in the coming months. Eligible users who are signed into their Google Account in their car will see the option to upgrade to Gemini, and the update applies to both new vehicles and existing ones through a software update — fulfilling a commitment Google made when cars with Google built-in first launched in 2020.

Standard Intelligence, a San Francisco-based AI research company focused on building aligned artificial general intelligence, has raised $75 million in new funding from Sequoia and Spark Capital. The investors joining the round include Sonya Huang and Mikowai Ashwill from Sequoia and Yasmin Razavi from Spark Capital, all of whom the company describes as deeply supportive of its long-term mission. The round also includes a group of prominent angels and advisors, among them Milan Kovac, Stanley Druckenmiller, and Andrej Karpathy, bringing together an exceptional set of backers for what remains a six-person team.

Hyundai Motor Group has unveiled Pleos Connect, a next-generation in-vehicle infotainment system designed to fundamentally transform the customer mobility experience by combining a mobile-friendly platform with advanced AI. Marking the Group's first major step in its transformation into a software-centric mobility leader, Pleos Connect is built on three core development pillars — intuitiveness, safety, and openness — and will receive continuous feature and performance enhancements via over-the-air software updates. The system debuted at a media event at UX Studio Seoul on April 29 and represents the mass-production version of the research and development concept first shown at the Group's Pleos 25 developer conference in 2025.

Casa, a home management start-up founded by veterans of Uber, is formally announcing itself to the world after approximately two years of operating in stealth mode. The company offers a monthly subscription service that includes handymen on call and proactive home maintenance work, using artificial intelligence alongside a curated team of home service professionals to manage members' ongoing home care needs. Co-

PROPWR, the power services division of ProPetro Holding Corp., has entered into a strategic framework agreement with Caterpillar to purchase up to 2.1 gigawatts of power generation assets over the next five years to support the growing energy demands of data center, oil and gas, and industrial customers. Under the agreement, PROPWR will purchase at least 1.5 GW of incremental power generation assets, with the option to bring the total to approximately 2.1 GW of additional capacity. Combined with approximately 550 megawatts previously ordered, PROPWR is positioned to have approximately 2.6 GW of power generation capacity delivered by year-end 2031 and fully deployed in 2032.

MARA Holdings, a leading energy and compute infrastructure company, has entered into a definitive agreement to acquire Long Ridge Energy and Power from FTAI Infrastructure for a total transaction value of approximately $1.5 billion, including the assumption of certain debt. The acquisition includes a highly efficient 505 MW combined-cycle gas power plant in Hannibal, Ohio, and more than 1,600 contiguous acres supporting an integrated digital infrastructure campus in one of the most active data center and power markets in the world.

Belden, a leading global supplier of specialty networking solutions, has entered into a definitive agreement to acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion, establishing Belden as a leading provider of complete, end-to-end IT and OT networking solutions. The transaction was approved by both companies' boards and is expected to close in the second half of 2026, subject to regulatory approvals.

AltaLink, Alberta's largest electricity transmission provider, has been selected to receive more than $1.8 million in funding from the Government of Alberta through Emissions Reduction Alberta's Industrial Transformation Challenge for its Dynamic Line Rating project. The investment will offset a portion of the project cost, supporting affordable transmission for Albertans.

RWS, a global AI solutions company listed on AIM, has appointed Brajesh Jha to its executive team as Chief Executive Officer of its Transform Business Unit for the Americas, effective May 1, 2026. The appointment reflects RWS's focus on accelerating growth across the Americas, a core market for the Transform business, which combines AI-powered localization technology with specialist services to help enterprises deliver content that is relevant, accurate, and trusted in every market.

Market Defense, a marketplace and digital marketing services company, has expanded its capabilities through the acquisition of Knoza by its parent company D2E Labs. The transaction adds a performance-driven marketplace agency specializing in on- and off-Amazon growth strategies for emerging brands, combining Knoza's agile, early-stage approach with Market Defense's broader platform reach and technology infrastructure.

Demetra, an independent international medical company specializing in bone cements, spacers, and biomaterials for orthopedic, spine, and neuro applications, has completed the acquisition of Maxxspine Innovative GmbH, a German company specializing in advanced spinal surgery solutions. The transaction was completed through Osartis GmbH, a Demetra Group company, which has acquired 100% ownership and full control of Maxxspine. Financial terms were not disclosed.

AMETEK, a leading global provider of industrial technology solutions with annual sales of approximately $7.5 billion, has entered into a definitive agreement to acquire First Aviation Services, a leading provider of highly engineered, mission-critical defense and aviation maintenance, repair, and overhaul services and a manufacturer of related proprietary components. Financial terms were not disclosed beyond First Aviation's approximately $80 million in annual sales.

pWin.ai, an AI-powered knowledge, capture, and proposal platform for the government contracting market, has acquired the customer portfolio of Vultron.ai, a Silicon Valley-based GovCon AI startup. Effective immediately, Vultron.ai has exclusively directed its entire user base to pWin.ai, granting customers seamless access to pWin.ai's Shipley-embedded workflows, enterprise-grade AI, and FedRAMP Moderate Equivalency security, backed by white-glove onboarding from both teams.

Truespeed and Freedom Fibre have completed their merger following regulatory approval, creating the Freedom Truespeed Group, a scaled, capital-efficient full fibre platform with an expanded regional footprint across the United Kingdom. The combined business serves more than 412,000 premises ready for service and around 70,000 customers across the North West, West Midlands, South West, and East of England.

Nominal, the hardware data infrastructure platform serving defense, aerospace, and advanced manufacturing engineering teams, has acquired Fid Labs, a startup that built AI agents for robotics and hardware workflows. Adam Wolnikowski, founder of Fid Labs, joins Nominal as AI Product Lead. Financial terms were not disclosed.

Anthropic, the AI safety company and developer of the Claude family of models, is in talks with investors to raise funds at a $900 billion valuation, according to Bloomberg. No term sheet has been signed and discussions are ongoing. The potential valuation would surpass OpenAI, which was valued at $852 billion in late March after closing a $122 billion funding round with contributions from Amazon, Nvidia, and SoftBank.

Prodalim, a global leader in juice and specialty ingredients solutions, has acquired Better Juice, a food-tech company specializing in natural sugar reduction technologies. Financial terms were not disclosed. The acquisition strengthens Prodalim's ability to support health-driven reformulation across beverages and adjacent food categories, including confectionery and dairy.

137 Ventures, a growth-stage venture firm backing companies including Anduril, Gusto, Ramp, and SpaceX, has closed more than $700 million across two new funds, bringing total assets under management to more than $15 billion. The raise marks a significant step in the continued scaling of the firm's platform, which is designed to invest in technology companies with the potential for significant market impact across their entire growth lifecycle.

TrueNoord, a specialist regional aircraft lessor, has announced that infrastructure investor Arcus Infrastructure Partners has entered into definitive documentation to acquire approximately 74% of the business, with founding investor Freshstream agreeing to reinvest to retain the remaining 26%. The transaction marks a significant ownership transition for TrueNoord as it enters its next phase of growth, backed by stable, long-term infrastructure capital.

HOK, a global architecture and design firm, has acquired ROSSETTI, a Detroit-based architecture firm with 57 years of sports venue expertise, deepening HOK's sports, recreation, and entertainment design practice and establishing its first office in Detroit. The combined firm will operate as HOK + ROSSETTI during the integration.

Global Brands, a UK drinks company, has acquired Skinny Brands, a low-calorie, gluten-free beer and cider brand, adding Skinny Lager, Skinny IPA, and Skinny Fruit Cider to its portfolio. Financial terms were not disclosed.

Howden, a leading global insurance intermediary group, has acquired Maven Financial Planning Limited, one of Ireland's foremost financial planning and advisory firms, establishing Howden Ireland's Life and Pensions advisory offering in Galway and expanding the company's footprint on the west coast of Ireland. The acquisition is subject to Central Bank of Ireland regulatory approval.

Fidelity Building Services Group, one of the nation's leading providers of HVAC, mechanical services, building automation, emergency power, and energy solutions, has acquired MVH Industrial, a Kentucky-based provider of mechanical, electrical, plumbing, and general contracting services. Financial terms were not disclosed. The acquisition advances Fidelity's nationwide expansion strategy and strengthens its ability to serve industrial and manufacturing clients in the South-Central region.

Netomi, an enterprise agentic customer experience platform built for the world's most complex and regulated environments, has raised $110 million in new funding led by Accenture Ventures, with participation from Adobe Ventures, WndrCo, SLW, NAVER Ventures, Metis Strategy, and Fin Capital. The round builds on early investments from AI pioneers Greg Brockman, Demis Hassabis, and Mustafa Suleyman.

IBM has announced the global availability of IBM Bob, an AI-first development partner built for enterprise software teams. The platform goes beyond code generation to automate the full software development lifecycle, from planning and coding to testing, deployment, and modernization, with governance, compliance, and security controls embedded at every step. More than 80,000 IBM employees are currently using Bob, with surveyed users reporting an average 45% productivity gain.