Archives

Lindsay Goldberg: Oversubscribed $4.9 Billion Fund VI Closed

By Amit Chowdhry ● Jan 6, 2026

Lindsay Goldberg has raised $4.9 billion for its sixth flagship fund, an oversubscribed close that exceeded the firm’s $4.0 billion target and marked a step-up in scale versus its prior vehicle. The fund, Lindsay Goldberg VI L.P. and related vehicles (collectively Fund VI), closed more than 40% larger than Fund V, underscoring continued limited partner demand for the firm’s focused, relationship-driven approach to private equity investing.

Blackstone Energy Transition Partners Acquires Alliance Technical Group

By Amit Chowdhry ● Jan 6, 2026

Blackstone announced that funds affiliated with Blackstone Energy Transition Partners and other Blackstone funds have acquired Alliance Technical Group, a provider of environmental testing, monitoring and compliance services for energy and industrial customers.

Hightower Adds Five Advisory Practices To Expand Signature Wealth Brand Nationwide

By Amit Chowdhry ● Jan 6, 2026

Hightower Advisors announced it has expanded its Hightower Signature Wealth (HTSW) brand by adding five advisory practices: Fairport Wealth, Hightower Wealth Advisors | St. Louis, HT|TC Wealth Partners, RDM Financial Group, and The Rikoon Group. The firm said the move is intended to broaden clients' planning and investment capabilities while providing a more unified operating model for participating advisory teams.

Artis BioSolutions To Acquire Syngoi Technologies

By Amit Chowdhry ● Jan 6, 2026

Artis BioSolutions, a San Diego-based advanced-therapies development and manufacturing company, said it has signed a definitive agreement to acquire Syngoi Technologies, a Bilbao, Spain-based biotech developing enzymatic approaches for manufacturing synthetic DNA. The deal is intended to add faster, lower-cost synthetic DNA manufacturing to Artis’ broader “gene-to-drug” platform spanning early development through clinical manufacturing.

Wealthspire Expands Ground Control In Los Angeles With Acquisition Of Ceres Financial Management

By Amit Chowdhry ● Jan 6, 2026

Wealthspire announced its Ground Control Business Management unit has acquired Los Angeles-based Ceres Financial Management, expanding its business management presence in Southern California and adding a firm that works with entertainers, entrepreneurs, and other high net worth clients.

Capitol Meridian Partners And Stellex Capital Management Complete Acquisition Of Beaufort

By Amit Chowdhry ● Jan 6, 2026

Capitol Meridian Partners and Stellex Capital Management have completed their carve-out acquisition of Beaufort, the aerospace and defense survival equipment division of Survitec, establishing Beaufort as an independent survival technologies platform backed by long-term private equity investment.

Windjammer Capital Acquires Specialty Chemicals Maker MFG Chemical From Platte River Equity

By Amit Chowdhry ● Jan 6, 2026

Windjammer Capital has acquired MFG Chemical, a developer and manufacturer of specialty chemicals that supplies customers across water treatment and industrial coatings, the firm said. The deal adds another platform investment for Windjammer in engineered, mission-critical industrial products and positions MFG for an expansion plan centered on operational improvements, new product development, and potential add-on acquisitions.

Matrix One Buys Simploud To Add QMS and LIMS Software For Regulated Life Sciences Teams

By Amit Chowdhry ● Jan 6, 2026

Matrix One, a life sciences software provider backed by Lauxera Capital Partners, has acquired Simploud, a cloud-based maker of Quality Management System (QMS) and Laboratory Information Management System (LIMS) software.

Armko Becomes Align Capital Partners’ New AEC Platform After Acquisition

By Amit Chowdhry ● Jan 6, 2026

Align Capital Partners (ACP) has acquired Armko Industries, a Dallas–Fort Worth-based engineering consulting firm specializing in building envelope, roofing, and waterproofing consulting, and will build the business as its newest platform investment in the architecture, engineering, and construction (AEC) sector.

Ryder Buys Truck Service Depot To Expand Torque Mobile Maintenance In Georgia

By Amit Chowdhry ● Jan 6, 2026

Ryder System has completed its acquisition of Truck Service Depot, an Atlanta-based mobile maintenance provider for commercial trucks and trailers, as Ryder pushes deeper into high-velocity freight corridors across Georgia and the broader Southeast.

Apella Wealth Adds PBMares Wealth Management Team, Strengthening Mid-Atlantic Footprint

By Amit Chowdhry ● Jan 6, 2026

Wealth management firm Apella Wealth said PBMares Wealth Management, LLC, the wealth management division of Virginia-based accounting and advisory firm PBMares LLP, has joined Apella, strengthening Apella’s footprint in the Mid-Atlantic.

Accenture To Buy UK AI Specialist Faculty

By Amit Chowdhry ● Jan 6, 2026

Accenture has agreed to acquire Faculty, a U.K.-based AI-native services and products company, in a move designed to deepen Accenture’s applied AI bench and expand its ability to help clients redesign critical business processes with “safe and secure” AI. Accenture said the transaction will strengthen its capacity to deliver AI systems that produce tangible outcomes, particularly in high-stakes environments. In these mission-critical environments, reliability, governance, and accountability are central requirements.

Excel Engineering Announces Strategic Investment And Partnership With Fusion Capital Partners

By Amit Chowdhry ● Jan 6, 2026

Excel Engineering, a Diagonal, Iowa-based testing and certification firm serving North American original equipment manufacturers, has secured a strategic investment from Fusion Capital Partners, a Los Angeles-based private equity firm focused on engineered products and services in the industrial sector. The partnership is intended to help Excel scale its business and broaden its technical capabilities as OEMs and industrial customers navigate increasingly complex regulatory requirements and the continued evolution of powertrain and battery technologies.

Solutions By Text Acquires Triple Play Pay To Expand FinText Payments And Embedded Commerce Capabilities

By Amit Chowdhry ● Jan 6, 2026

Solutions by Text announced it has acquired Triple Play Pay, a payments platform, in a move aimed at combining its compliance-first messaging capabilities with payment orchestration technology to provide a unified, compliant payments experience for consumer finance businesses and their customers. Financial terms were not disclosed.

Automated Logic Acquires CCG Automation To Expand Ohio Building Automation Footprint

By Amit Chowdhry ● Jan 6, 2026

Automated Logic Contracting Services, part of Carrier Global Corporation, announced it has acquired substantially all of the assets of CCG Automation, Inc., a building automation solutions provider headquartered in Richfield, Ohio, as it looks to expand its presence in the state.

Cerity Partners Merges With $1.4 Billion Firm Austin Private Wealth

By Amit Chowdhry ● Jan 6, 2026

Cerity Partners, an independent U.S.-based wealth management firm with approximately $140 billion in assets under management, has merged with Austin Private Wealth, a fiduciary Registered Investment Adviser headquartered in Austin with approximately $1.4 billion in assets under management.

Algebris Appoints Ex-Bank Of England Deputy Governor Jon Cunliffe As UK Chair

By Amit Chowdhry ● Jan 6, 2026

Algebris (UK) Limited said it has appointed Jon Cunliffe as a non-executive director and chair, following approval by the UK’s Financial Conduct Authority, with the appointment effective Jan. 1, 2026.

Edmond de Rothschild Asset Management Names Anne-Laurence Roucher Group Head Of Private Markets

By Amit Chowdhry ● Jan 6, 2026

Edmond de Rothschild Asset Management said it has appointed Anne-Laurence Roucher as Group Head of Private Markets in a newly created role intended to lead and expand the firm’s private markets business.

Main Capital Partners Acquires Majority Stake In IQ Messenger

By Amit Chowdhry ● Jan 6, 2026

Main Capital Partners announced it has acquired a majority stake in IQ Messenger (IQM), a provider of vendor-neutral critical communication software used by healthcare institutions, as the firm looks to back product innovation and accelerate the company’s international growth.

AB InBev To Reacquire Minority Stake in U.S. Metal Container Plants For About $3 Billion

By Amit Chowdhry ● Jan 6, 2026

Anheuser-Busch InBev said it has exercised its right to reacquire the 49.9% minority stake in its U.S.-based metal container plants from a consortium of institutional investors led and/or advised by affiliates of Apollo Global Management for an estimated purchase price of approximately $3 billion.

Lupus Research Alliance Launches Lupus Ventures Philanthropic Fund To Back New SLE Therapies And Diagnostics

By Amit Chowdhry ● Jan 6, 2026

The Lupus Research Alliance, the largest private funder of lupus research, said it has formed a philanthropic venture fund called Lupus Ventures to help advance treatments and diagnostics for systemic lupus erythematosus (SLE), its manifestations, and related autoimmune conditions.

Mobileye To Buy Mentee Robotics For $900 Million To Expand Physical AI Push Into Humanoid Robots

By Amit Chowdhry ● Jan 6, 2026

Mobileye announced it has entered into a definitive agreement to acquire Mentee Robotics Ltd., an AI-first humanoid robotics company, in a deal the companies say will broaden Mobileye’s ambitions beyond automotive autonomy into humanoid robots and “physical AI” systems designed to operate safely and effectively in real-world environments.

xAI Raises $20 Billion Series E

By Amit Chowdhry ● Jan 6, 2026

xAI announced it has closed an upsized Series E funding round totaling $20 billion, surpassing its previously targeted $15 billion raise, as the company accelerates development of its AI models and the infrastructure behind them. The company said the financing included participation from Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among other investors. And xAI added that NVIDIA and Cisco Investments joined as strategic investors, backing efforts to scale compute capacity and expand what it described as some of the world’s largest GPU clusters.

LMArena: $150 Million At $1.7 Billion Valuation Raised To Expand Real-World AI Evaluation

By Amit Chowdhry ● Jan 6, 2026

LMArena announced it has raised $150 million in new financing to expand its community-driven platform for evaluating frontier AI models, valuing the company at $1.7 billion post-money. The round was led by Felicis and UC Investments, the University of California’s investment office, with participation from Andreessen Horowitz, The House Fund, LDVP, Kleiner Perkins, Lightspeed Venture Partners, and Laude Ventures.

Waiākea Adds Tetairoa McMillan, Devin Williams, Jerami Grant As Athlete Investors

By Amit Chowdhry ● Jan 6, 2026

Waiākea Hawaiian Volcanic Beverages announced it has added three new athlete investors and “impact partners” as it continues to expand its roster of sports figures backing the Hawai‘i-based brand.

GSME: $35M Series B Raised To Expand Semiconductor Services Platform

By Amit Chowdhry ● Jan 6, 2026

GS Microelectronics U.S. (GSME) announced it has raised $35 million in a Series B round led by Maverick Silicon, funding the company plans to use to expand its semiconductor services platform across advanced packaging, design enablement, and supply chain visibility.

H.I.G. Growth Partners Sells ProsperOps To Flexera In FinOps Automation Exit

By Amit Chowdhry ● Jan 6, 2026

H.I.G. Growth Partners has completed the sale of ProsperOps, an Austin-based provider of autonomous cloud cost optimization software, to Flexera, a portfolio company of Thoma Bravo.

HabitTrade: Nearly $10 Million Series A Raised To Accelerate Global Expansion

By Amit Chowdhry ● Jan 6, 2026

HabitTrade has closed a Series A funding round of nearly $10 million to expand its global brokerage footprint and deepen its compliance and risk-control capabilities, the company said. The round was led by Newborn Town Inc., with participation from Bright Venture Capital, StableStock, and other investors.

Banner Ridge Partners: $4.2 Billion Raised For Secondary Fund VI

By Amit Chowdhry ● Jan 6, 2026

Banner Ridge Partners announced it closed fundraising for Banner Ridge Secondary Fund VI (BRP VI) at its hard cap, securing $4.2 billion in total commitments, including a $200 million commitment from Banner Ridge. The New York-based firm said the fund was oversubscribed and drew support from a broad mix of institutional investors, including pension funds, insurance companies, endowments, and family offices.

Tesoro XP: $5.4 Million Seed Funding Raised To Build Retail-Funded Rewards Platform For Free-To-Play Games

By Amit Chowdhry ● Jan 6, 2026

Tesoro XP, a new rewards platform designed to let retailers fund in-game currency for gamers, has raised $5.4 million in seed financing ahead of a planned 2026 rollout. The round was co-led by Treasury, a New York-based fintech fund, and TK MediaTech Ventures, a venture firm focused on next-generation media technologies.