Archives

Basalt Health Raises $20 Million Series A Led By NEA

By Amit Chowdhry ● Today at 7:37 PM

Basalt Health has raised $20 million in Series A funding led by returning investor NEA to expand its AI platform for post-acute care admissions. Existing investors Frist Cressey Ventures and 25m Health also participated. The round brings Basalt's total funding to approximately $24.5 million.

Ashland University Renovates Three Residence Halls With Record $20 Million Gift

By Amit Chowdhry ● Today at 7:36 PM

Ashland University has completed major renovations to three residence halls through a $20 million gift from longtime benefactors Dwight and Martha Schar, representing the largest gift in the university's history.

Windsor Capital Invests $50 Million In Space Labs At $1.02 Billion Valuation

By Amit Chowdhry ● Today at 7:27 PM

Windsor Capital has completed a $50 million strategic investment in Space Labs, acquiring a 4.9% minority stake in the Slovenian technology company at an implied post-money valuation of approximately $1.02 billion.

Flatkey Raises $10 Million Series A After Surpassing 10,000 Developers

By Amit Chowdhry ● Today at 7:16 PM

Flatkey and Realset AI have raised $10 million in Series A funding as Flatkey scales its AI infrastructure platform, which surpassed 10,000 developers within two months of launch.

Everforth ECS Secures $148 Million SUNet Contract Extension

By Amit Chowdhry ● Today at 4:29 PM

Everforth ECS has secured a three-year sole-source contract expansion with a ceiling of $148 million to continue supporting the Chief Digital and AI Office's Secure Unclassified Network while also developing next-generation capabilities for SUNet 2.0.

PLACE Acquires Maxwell To Expand Mortgage Technology Platform

By Amit Chowdhry ● Today at 4:24 PM

PLACE has completed its acquisition of Maxwell, adding an AI-powered mortgage technology and services platform that works with more than 400 financial institutions and facilitates more than $130 billion in annual transactions. Financial terms of the acquisition were not disclosed.

Independent Pharmacy Cooperative Acquires IntegralRx

By Amit Chowdhry ● Today at 4:13 PM

Independent Pharmacy Cooperative has acquired IntegralRx, combining two organizations serving independent pharmacy owners across the U.S. Financial terms of the transaction were not disclosed.

Hub Group Appoints Four Directors And Removes Three Board Members

By Amit Chowdhry ● Today at 4:12 PM

Hub Group has appointed Gregory D. Bunch, Thomas P. Fitzgerald, Thaddeus J. Malik, and Thomas M. White to its Board of Directors by written consent of shareholders controlling a majority of the company's voting power.

Concorde Names Elizabeth Leon As Vice President Of Operations

By Amit Chowdhry ● Today at 9:01 AM

Concorde has appointed Elizabeth Leon as Vice President of Operations, adding an executive with 30 years of financial industry experience to its leadership team.

Cycle Capital Appoints Rémi Fournier As Managing Partner

By Amit Chowdhry ● Today at 9:00 AM

Cycle Capital has appointed Rémi Fournier as Managing Partner and a capital investor in Cycle Capital Management, adding an experienced technology entrepreneur and investor to the ClimateTech venture capital firm's leadership team.

Raven Capital Appoints Thad Sharrett As Senior Managing Director

By Amit Chowdhry ● Today at 8:59 AM

Raven Capital has appointed Thad Sharrett as Senior Managing Director, adding a credit markets executive with more than 30 years of experience to its asset-based private credit platform.

Ferghana Investment Partners Appoints Katie Marshall And Will Callahan To Senior Investment Roles

By Amit Chowdhry ● Today at 8:58 AM

Ferghana Investment Partners has appointed Katie Marshall as Managing Director and Will Callahan as Senior Managing Director, adding nearly four decades of combined experience to the investment team at the hybrid capital firm.

Altavair Names Matthew Hoesley As CEO As Stephen Rimmer Moves To Executive Chairman

By Amit Chowdhry ● Today at 8:56 AM

Altavair has announced a leadership succession that will make Matthew Hoesley Chief Executive Officer and President and move longtime CEO Stephen Rimmer into the Executive Chairman role, effective January 1, 2027.

Chi-Rho Financial Appoints Daniel Hoinacki Head Of Capital Formation

By Amit Chowdhry ● Today at 8:56 AM

Chi-Rho Financial has appointed Daniel Hoinacki, CFA, as Head of Capital Formation as the alternative investment firm prepares for its next stage of growth.

MidOcean Partners Adds Three Executives To $9 Billion Credit Platform

By Amit Chowdhry ● Today at 8:55 AM

MidOcean Partners has appointed three professionals to its Credit team as the alternative asset manager continues to expand its platform, which manages $9 billion in credit assets.

WilmerHale Appoints Jeremy Kosky As Head Of London Disputes Practice

By Amit Chowdhry ● Today at 8:54 AM

WilmerHale has appointed Jeremy Kosky as head of its Disputes Practice in London, adding an international commercial litigator with more than 30 years of experience.

Standard Dental Labs Acquires Dr. Tooth, Increasing Estimated Annualized Revenue To More Than $1.6 Million

By Amit Chowdhry ● Today at 8:54 AM

Standard Dental Labs has acquired substantially all operating assets of Dr. Tooth, LLC, the dental laboratory business also known as Sheen Dental Laboratory and Hansen Incarnati.

Levi Strauss & Co. Appoints John Vandemore As CFO

By Amit Chowdhry ● Today at 8:53 AM

Levi Strauss & Co. has appointed John Vandemore as Executive Vice President and Chief Financial Officer, effective November 1, 2026, adding a veteran consumer-sector finance executive as the company pursues its ambition of becoming a $10 billion business.

Verra Mobility Appoints Jon Newhard As CEO

By Amit Chowdhry ● Today at 8:52 AM

Verra Mobility has appointed Jon Newhard as President and Chief Executive Officer, effective November 1, 2026, following a comprehensive board-led search supported by executive search firm Spencer Stuart.

Omega Advisors Launches New Brand After Advising On More Than $500 Million In Dealership Acquisitions

By Amit Chowdhry ● Today at 8:52 AM

Omega Advisors has introduced new branding and a redesigned website as the automotive dealership advisory firm enters its third year in business after advising on acquisitions representing more than $500 million in transaction value.

Carlyle To Acquire Nidec Components From Nidec Corporation

By Amit Chowdhry ● Today at 8:50 AM

Carlyle has agreed to acquire Nidec Components Corporation from parent company Nidec Corporation, adding an electronic components manufacturer exposed to growth in artificial intelligence and industrial automation.

Omada Acquires EmpowerID To Expand AI Agent Governance

By Amit Chowdhry ● Today at 8:49 AM

Omada has acquired EmpowerID, expanding its identity governance platform with real-time security and authorization capabilities for AI agents. Financial terms of the transaction were not disclosed.

Novara Advisory Partners Names Tony Andriotis As Partner And Global Head Of Litigation & Regulatory

By Amit Chowdhry ● Yesterday at 6:37 PM

Novara Advisory Partners has appointed Tony Andriotis as Partner and Global Head of Litigation & Regulatory, adding approximately two decades of experience in international arbitration, cross-border litigation and regulatory matters to the firm's advisory platform.

Megaport Secures About A$1 Billion In New AI Infrastructure Contracts And Raises FY2027 Guidance

By Amit Chowdhry ● Yesterday at 6:35 PM

Megaport has secured approximately A$1 billion in new AI infrastructure contracts as the network and computing company continues expanding its AI infrastructure business.

Certified Origins Secures $60 Million Revolver From CIT Northbridge

By Amit Chowdhry ● Yesterday at 6:33 PM

Certified Origins has secured a $60 million asset-based revolving credit facility from CIT Northbridge to support the food company's continued growth and investment in North America.

OWT Global Awarded Up To $38.2 Million Counter-UAS Training Contract

By Amit Chowdhry ● Yesterday at 6:32 PM

Joint Interagency Task Force 401 has awarded OWT Global a Joint Counter-small Unmanned Aerial System Mobile Training Team Services contract with an estimated ceiling of $38.2 million.

Mount Sinai Researchers Develop Wearable AI To Forecast Prolonged Sitting In Women With Chronic Pelvic Pain

By Amit Chowdhry ● Yesterday at 6:32 PM

Researchers at the Icahn School of Medicine at Mount Sinai have developed an artificial intelligence approach that uses wearable-device data to forecast periods of prolonged sitting in women with chronic pelvic pain disorders.

Army Awards Counter-UAS IDIQ Contracts With $4.15 Billion In Combined Ceilings

By Amit Chowdhry ● Yesterday at 6:31 PM

Joint Interagency Task Force 401 has awarded 10 indefinite-delivery/indefinite-quantity contracts with combined base ceilings of $4.15 billion to support the Domestic Shield counter-unmanned aircraft systems initiative and other counter-drone requirements.

MONTICELLOAM Provides $195.7 Million Financing For 7-Property Skilled Nursing Portfolio

By Amit Chowdhry ● Yesterday at 6:29 PM

MONTICELLOAM and its affiliates have provided $195.7 million in bridge, mezzanine, and working capital financing for a seven-property skilled nursing portfolio spanning Virginia and Indiana.

WilmerHale Adds Charlie Lightfoot As International Arbitration Partner In London

By Amit Chowdhry ● Yesterday at 3:28 PM

WilmerHale has added Charlie Lightfoot as a partner in its International Arbitration Practice in London, expanding the firm's capabilities across international arbitration and complex cross-border disputes.