Archives

Ascensus has announced a definitive agreement to acquire AmericanTCS, a leading provider of retirement, trust and custody, and technology automation solutions. The transaction brings together two complementary organizations across the retirement services value chain and is expected to close in the third quarter of 2026, subject to customary closing conditions. Financial terms were not disclosed.

Cellular Intelligence has announced an agreement to acquire global rights to Novo Nordisk's clinical-stage cell therapy program for Parkinson's disease, with the intention of applying its proprietary AI platform to accelerate clinical development, manufacturing, and the path to commercialization. As part of the agreement, Novo Nordisk will make an equity investment in Cellular Intelligence and remain eligible for future milestones and royalties.

Lavish Enterprises has announced a definitive agreement to acquire exclusive, perpetual, and irrevocable commercial rights to FleetPath, an AI-native operating system designed to unify the entire freight lifecycle for trucking carriers, brokers, shippers, and drivers inside a single intelligent platform. The Las Vegas-based holding company said FleetPath is built, operational, and approaching beta-stage deployment, with initial customer rollouts targeted as the platform enters beta.

Blackstone has announced that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz, the leading online marketplace in Greece, from CVC Capital Partners Fund VII. The transaction is expected to close in the second half of 2026, subject to regulatory approvals. Financial terms were not disclosed.

Heaviside Industries has emerged from stealth with a $28 million Series A funding round led by Interlagos, with participation from Menlo Ventures, Flume Ventures, Cantos, Anorak Ventures, and a group of defense-focused individual investors including Frank Finelli, former Partner and Managing Director at The Carlyle Group; Paul Dimitruk, Co-Founder and Senior Partner at Partners Capital; and Aaditya Devarakonda, former CEO of Dedrone. The Los Angeles-based defense company has been operating quietly since its founding in 2024, building a team of more than 50 engineers and operators across offices in Los Angeles and Oslo, Norway.

Cimpress has signed a definitive agreement to acquire SAXOPRINT and viaprinto from CEWE Stiftung & Co. KGaA, adding two customer-focused brands to its PrintBrothers segment of upload and print businesses. The tuck-in acquisition will grow Cimpress' manufacturing capabilities in Germany and is expected to close in the first half of fiscal year 2027, subject to customary closing conditions including antitrust approval. Financial terms were not disclosed.

Rialtic, a cloud-based enterprise platform for healthcare payment accuracy, and Exponential AI, a leader in real-time healthcare AI decision intelligence, have announced a definitive agreement to merge, creating a unified platform designed to meet the evolving needs of healthcare payers and providers. The combined entity will offer a comprehensive product suite covering critical moments in the claim lifecycle, from prepay editing before a claim is paid to real-time decision intelligence during and around claims processing.

Cartridge Technologies has announced the acquisition of Data Conversion Laboratory, a provider of structured data and content transformation services with more than four decades of experience serving publishers, life sciences organizations, government agencies, defense contractors, and Fortune 500 enterprises. The acquisition accelerates CTI's strategy to build a comprehensive platform across the data and information management lifecycle. Financial terms were not disclosed.

MoonPay, the global crypto payments network, has announced the acquisition of Dawn Labs, an applied research lab focused on artificial intelligence and financial markets, alongside the launch of Dawn CLI, an AI-native trading tool designed to convert plain-English strategy descriptions into fully autonomous trade execution. The move marks the latest step in MoonPay's broader push to build AI-native infrastructure for financial services.

Sony Music Publishing has announced an agreement to acquire the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, subject to customary closing conditions. The deal is structured in partnership with the investment venture launched earlier this year between GIC and Sony Music Group, focused on acquiring and growing high-quality music catalog assets across genres and international markets. Financial terms were not disclosed.

Integrated Partners, a national financial planning and registered investment advisory firm serving more than $25 billion in assets under advisement, has added City Square Wealth Management to its advisor network. The Charlestown, Massachusetts-based firm brings approximately $850 million in client assets and a 15-person team including six advisors and nine support professionals, deepening Integrated's footprint in the Greater Boston market as the firm approaches its 30th anniversary.

Du Lac Wealth Services, a Cary, North Carolina-based wealth advisory firm, has joined Osaic, transitioning from LPL Financial and bringing approximately $200 million in client assets to one of the nation's largest providers of wealth management strategies. The move reflects Du Lac Wealth's strategy to access a more flexible platform and expanded resources as the firm pursues continued growth through its disciplined acquisition approach.

Optro, formerly known as AuditBoard, has announced the acquisition of Midship, an AI-native SOX automation solution backed by Y Combinator, in a move the company said represents a significant milestone in delivering the first and only agentic system of action for governance, risk, and compliance. The acquisition immediately delivers enterprise-grade AI agents to Optro's customers, automating up to 87% of SOX program management and freeing internal auditors to focus on strategic risk rather than administrative tasks. Financial terms were not disclosed.

Platinum Equity has announced the completion of its sale of Unical Aviation to Satair, an Airbus company, following a comprehensive four-year operational transformation program. The transaction includes Unical, a global aircraft parts and components supplier of Used Serviceable Material, and its subsidiary ecube Solutions, a global expert in aircraft storage, disassembly, and transition services. Financial terms were not disclosed.

Indie Semiconductor has announced a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for total consideration of €40 million, comprising a €35 million cash payment at closing and a €5 million vendor-debt note issued by ams OSRAM. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions, including regulatory approvals, and will be immediately accretive.

E.ON has signed an agreement to acquire OVO, a UK energy supplier, in a move that would add approximately four million customers to E.ON's existing base of around 5.6 million in the United Kingdom. The acquisition further strengthens E.ON's position in one of Europe's largest energy markets and advances its strategy to develop and scale innovative energy solutions across the continent. The purchase price was not disclosed. The transaction is subject to regulatory approvals including review by the UK Competition and Markets Authority, with closing expected in the second half of 2026.

SRS Distribution, a subsidiary of The Home Depot, has completed the acquisition of Mingledorff's, a leading wholesale distributor of heating, ventilation, and air conditioning equipment, parts, and supplies serving residential and commercial customers through 42 locations across five states in the southeastern United States. Financial terms of the transaction were not disclosed. The agreement to acquire Mingledorff's was previously announced on March 24, 2026.

Golden Pet Brands has completed the acquisition of the Petsource pet food production facility in Seward, Nebraska, which closed on May 8, 2026. The deal brings Golden Pet Brands to two U.S. manufacturing facilities and adds approximately 100 Petsource employees to the company's workforce, with production operations continuing uninterrupted following the close.

McGrath RentCorp has announced the completion of a $725 million credit facility with a syndicate of banks, replacing the company's existing $650 million line of credit. The five-year facility matures on May 8, 2031, and will be used for working capital, capital expenditures, and other general corporate purposes.

Nscale has announced $790 million in financing committed by ABN AMRO, DNB, Eksfin, Nordea, and SEB to support the continued development of its AI data center in Narvik, Norway — the largest AI infrastructure investment in the country. The committed financing also includes an additional $790 million uncommitted accordion feature to fund a further 115-megawatt expansion at the Narvik campus.

Surveying And Mapping has announced the acquisition of Donaldson, Garrett & Associates, a Georgia-based land surveying firm serving commercial, utilities, and local government clients. The deal expands SAM's labor resources and client reach in Georgia while strengthening the company's ability to support growing infrastructure and development activity across the Southeast region. Financial terms were not disclosed.

Kalos Ventures Management has announced the final close of its oversubscribed $78.8 million inaugural fund, backed by investors including ZOMA Capital, GCM Grosvenor, MassMutual, Sorenson Impact Advisory, and Pivotal Ventures, a Melinda French Gates organization. The New York-based early-stage venture capital firm is building a concentrated portfolio of technology companies addressing critical infrastructure needs across the workforce, care, and education sectors.

DigitalBridge Group has announced the closing of two securitized financing note issuances totaling $400 million through its subsidiaries DigitalBridge Issuer and DigitalBridge Co-Issuer. The transaction consists of $300 million in Series 2026-1 6.326% Secured Fund Fee Revenue Notes and a $100 million variable funding note facility that allows borrowing on a revolving basis.

Drummond Scientific Company has announced the acquisition of Accu-Glass, a St. Louis-based manufacturer of high-precision glass capillaries used in medical and diagnostic applications. The deal expands Drummond's manufacturing footprint from a single-site facility to a broader network of capability-driven businesses and signals the company's broader vision to build a portfolio of complementary companies serving the life science and MedTech communities. Financial terms were not disclosed.

Riverside Partners, a Boston-based private equity firm, has announced its rebrand to RS2 Healthcare Partners, formalizing the firm's exclusive strategic focus on healthcare investing in the lower middle market. The rebrand is accompanied by the appointment of Craig Stern as Co-Managing Partner alongside David Belluck, and the closing of a single-asset continuation vehicle for Loftware, a leading global enterprise labeling and artwork management software provider, with AKKR Strategic Capital serving as lead investor.

BuzzFeed, Inc. has announced a transaction agreement under which Allen Family Digital, an affiliate of Byron Allen's family office, will acquire a majority stake in the company for $120 million. Under the terms of the deal, Allen Family Digital will purchase 40 million shares at $3.00 per share, funded with $20 million in cash at closing and a $100 million promissory note due five years from closing, accruing interest at 5% annually. Upon closing, Allen Family Digital will own approximately 52% of BuzzFeed's outstanding shares. The transaction is expected to close by the end of May 2026.

BMO Financial Group has announced a definitive agreement with Stonepeak to sell its Transportation Finance and Vendor Finance businesses, including related loan portfolios in the United States and Canada. The combined loan and lease portfolio totals approximately C$14.5 billion as of March 31, 2026. Financial terms include cash consideration and an earnout contingent upon the businesses achieving specified future performance targets. The transaction is expected to close in the fourth quarter of fiscal 2026, subject to regulatory approvals and customary closing conditions.

VoltaGrid has announced a $1 billion strategic equity investment from funds managed by Blackstone Tactical Opportunities and Halliburton Company, alongside a definitive agreement to acquire Propell Energy Technology Ltd. and its affiliates. The investment is composed of a $775 million primary capital raise and a $225 million secondary purchase from existing investors. Both transactions are subject to customary closing conditions and are expected to close in mid-2026.

Alcoa has announced a $65 million capital investment at its Mosjøen smelter in Norway to expand foundry production capabilities and incorporate post-consumer recycled aluminum into its casting process for the first time. The investment will expand and upgrade the Mosjøen casthouse, increasing production capacity by up to 75,000 metric tons through a new open mold foundry casting line, melting furnaces, and additional casthouse improvements.

4AM has closed an oversubscribed seed round of more than $4 million led by CAVU Consumer Partners — the firm behind poppi, Necessaire, and Vital Proteins — and is launching its hero product, Clean Sheets, in 1,745 Target stores nationwide. The round also attracted participation from B4 Capital and Type Capital, alongside a tightly curated group of strategic angel investors including Joe Cloyes of Youth to the People, Cassandra Grey of Violet Grey, Brian Bordainick of Starface, dermatologists Dr. Muneeb Shah and Dr. Joyce Park, Maggie Sellers Reum of Hot Smart Rich, and Michelle Hu of Etoile. The launch caps a year of four-times year-over-year revenue growth, four sold-out production runs, and a number-four ranking in TikTok Shop's Cleansers category.