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WindBorne Systems Raises $37 Million Series B To Expand Atmospheric Sensing Network And AI Weather Models

By Amit Chowdhry ● Aug 5, 2026

WindBorne Systems has raised $37 million in Series B funding to expand its global atmospheric sensing network and accelerate the development of its AI-powered weather forecasting platform. The oversubscribed round was co-led by Khosla Ventures and Galvanize, with participation from TransLink Capital, Lux Capital and existing investors. The financing brings WindBorne’s total funding to more than $62 million.

LPL: $400 Million Firm WestKai Private Wealth Joins Strategic Wealth Team

By Amit Chowdhry ● Aug 5, 2026

WestKai Private Wealth has joined LPL Financial’s supported independence model, LPL Strategic Wealth, after moving from Morgan Stanley. The San Clemente, California-based team reported serving approximately $400 million in advisory, brokerage and retirement plan assets.

Provident Financial Services And Provident Bank Appoint Former FDIC Examiner Michael E. Regan To Boards

By Amit Chowdhry ● Aug 5, 2026

Provident Financial Services has appointed Michael E. Regan to the boards of directors of the company and its wholly owned subsidiary, Provident Bank. The appointments became effective on July 30, 2026. Regan brings more than 35 years of experience in financial institution supervision, corporate governance, regulatory compliance and enterprise risk management.

Parsons Wins Design Role In $227 Million South Carolina Interchange Project

By Amit Chowdhry ● Aug 5, 2026

Parsons has been selected as the lead designer for the Interstate 526 and Long Point Road Interchange Improvements project near Charleston, South Carolina. The company will perform the work as part of a design-build team led by Ames Construction. The South Carolina Department of Transportation awarded the team an approximately $227 million contract for the project.

Stonemont And PCCP Acquire 38-Building Industrial Portfolio For Approximately $1 Billion

By Amit Chowdhry ● Aug 5, 2026

Stonemont has acquired a 38-building industrial property portfolio in an approximately $1 billion transaction completed with long-term capital partner PCCP. The portfolio encompasses 5.9 million square feet across high-growth markets including Austin, Central Florida, Charlotte, Dallas and Phoenix.

ECI Software Solutions Acquires Prima To Expand Office Supply ERP Platform

By Amit Chowdhry ● Aug 5, 2026

ECI Software Solutions has acquired Prima Business Control Software, expanding its enterprise resource planning and e-commerce capabilities for office supply businesses. Financial terms of the transaction were not disclosed.

American Family To Acquire Bowhead Specialty In $1.2 Billion Deal

By Amit Chowdhry ● Aug 5, 2026

American Family Mutual Insurance Company has entered into a definitive agreement to acquire the outstanding shares of Bowhead Specialty Holdings that it does not already own in an all-cash transaction valued at approximately $1.2 billion.

Ingersoll Rand Acquires Lone Star Blower To Expand Aftermarket And Rental Operations

By Amit Chowdhry ● Aug 5, 2026

Ingersoll Rand has acquired Lone Star Blower, which operates as Lone Star Turbo, expanding its portfolio of industrial blower, compressor, control system and aftermarket service capabilities. Financial terms of the transaction were not disclosed.

Google: Leadership Changes As Demis Hassabis Becomes DeepMind Chair And Alphabet Chief Scientist

By Amit Chowdhry ● Aug 5, 2026

Google is restructuring the leadership of Google DeepMind as the company seeks to accelerate development of its Gemini models, frontier artificial intelligence research and work toward artificial general intelligence.

McNally Capital Makes Majority Investment In TENICA Global Solutions

By Amit Chowdhry ● Aug 5, 2026

McNally Capital has made a majority investment in TENICA Global Solutions, a provider of engineering, cybersecurity, mission operations, and digital modernization services supporting U.S. national security programs. Financial terms of the transaction were not disclosed. McNally partnered with Nio Advisors on the investment.

Smartkem To Merge With Ferrox Critical Minerals In $125 Million All-Stock Deal

By Amit Chowdhry ● Aug 5, 2026

Smartkem has entered into a definitive agreement to merge with Ferrox Critical Minerals in an all-stock transaction valuing Ferrox at $125 million. The combination would expand Smartkem’s materials platform beyond electronic materials and into critical minerals, creating a more vertically integrated public electronics and materials company.

TG Therapeutics: BRIUMVI Revenue Jumps 64% To $227.7 Million

By Amit Chowdhry ● Aug 5, 2026

TG Therapeutics generated $227.7 million in U.S. net product revenue from BRIUMVI during the second quarter of 2026 as adoption of the multiple sclerosis treatment continued expanding.

Qnovia Secures Worldwide License For Antimicrobial Peptide Targeting Drug-Resistant Infections

By Amit Chowdhry ● Aug 5, 2026

Qnovia has secured a worldwide exclusive license from the University of Virginia Licensing & Ventures Group for D8, an antimicrobial peptide designed to treat drug-resistant bacterial infections.

Kingswood Capital Management Raises $4 Billion Across Two Oversubscribed Funds

By Amit Chowdhry ● Aug 5, 2026

Kingswood Capital Management has raised $4 billion across two middle-market private equity funds, more than doubling the Los Angeles-based firm’s assets under management to over $7 billion.

Volta Launches With $10 Billion AI Lab Partnership And $5 Billion Infrastructure Financing Program

By Amit Chowdhry ● Aug 5, 2026

Volta has emerged from stealth with a vertically integrated artificial intelligence infrastructure platform, a $10 billion strategic AI lab partnership and a $5 billion infrastructure financing program.

Qnity And University Of Delaware Partner On Semiconductor Research And Workforce Development

By Amit Chowdhry ● Aug 5, 2026

Qnity Electronics has entered into a strategic partnership with the University of Delaware College of Engineering to expand engineering education, semiconductor research and advanced manufacturing innovation.

Supernus And Indivior To Merge And Create $2.2 Billion CNS Biopharmaceutical Company

By Amit Chowdhry ● Aug 5, 2026

Supernus Pharmaceuticals and Indivior Pharmaceuticals have entered into a definitive agreement to combine in a tax-free, all-stock merger of equals.

UniCredit, Accenture And IBM Partner To Build Next-Generation European Banking Platform

By Amit Chowdhry ● Aug 5, 2026

UniCredit has entered into a long-term strategic collaboration with Accenture and IBM to modernize the technology infrastructure supporting the bank’s operations across 13 European markets. The companies will develop a new banking technology operating model combining mission-critical systems with cloud, data and artificial intelligence capabilities.

Sonoco Invests Over $25 Million To Expand Wood Reel Manufacturing Capacity

By Amit Chowdhry ● Aug 5, 2026

Sonoco Products Company has invested more than $25 million since 2024 to expand its wood reel manufacturing and assembly operations as demand grows for power and communications cable packaging. The total includes planned capital spending during 2026.

D.A. Davidson Hires John Baumgartner As Vice Chairman And Co-Head Of Equity Capital Markets

By Amit Chowdhry ● Aug 5, 2026

D.A. Davidson has hired John Baumgartner as Vice Chairman and Co-Head of Equity Capital Markets. Baumgartner will lead the group alongside Josh Nolan and focus on the origination, marketing, pricing and distribution of equity capital transactions.

Eldorado Gold Confirms Christian Milau Will Become CEO On September 30

By Amit Chowdhry ● Aug 5, 2026

Eldorado Gold has confirmed that Christian Milau will become President and CEO on September 30, 2026, as part of a broader executive leadership transition.

Spirit Investment Partners And Strategic Value Partners Acquire 895-Unit Texas Multifamily Portfolio

By Amit Chowdhry ● Aug 5, 2026

Spirit Investment Partners and Strategic Value Partners have acquired an 895-unit multifamily portfolio in Texas from Resia. Financial terms of the off-market transaction were not disclosed.

Aquatech Acquires Metichem To Expand Water Services Across MENA And Southeast Asia

By Amit Chowdhry ● Aug 5, 2026

Aquatech has acquired UAE-based Metito Chemical Solutions, expanding its water treatment, specialty chemicals and operations and maintenance capabilities. The acquired company will operate as Metichem, an Aquatech company. Financial terms were not disclosed.

OLIGO Security Raises $60 Million, Bringing Total Funding To $140 Million

By Amit Chowdhry ● Aug 5, 2026

OLIGO Security has raised $60 million in additional funding, bringing the runtime cybersecurity company’s total funding to $140 million. Participants included Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital Partners and TLV Partners. The round also included angel investors such as Mellanox Technologies (acquired by NVIDIA for $6.9 billion) co-founder Eyal Waldman.

ORIX Aviation To Acquire AerFin And Expand Aircraft Aftermarket Capabilities

By Amit Chowdhry ● Aug 5, 2026

ORIX Aviation has agreed to acquire AerFin, expanding its services across the aircraft leasing, asset management and aviation aftermarket lifecycle. Financial terms were not included.

Rivo Raises $3.1 Million To Launch Autonomous Cash Management Platform

By Amit Chowdhry ● Aug 5, 2026

Rivo has launched publicly following its beta period and raised a $2.7 million seed round, bringing its total funding to $3.1 million. The financing was backed by South Park Commons, Wisdom Ventures, Script Capital, 645 Ventures, 20VC and angel investor and adviser Jag Duggal, the former Chief Product Officer of Nubank.

Wind Point Partners Closes Oversubscribed Fund XI At $3.2 Billion

By Amit Chowdhry ● Aug 5, 2026

Wind Point Partners has closed its eleventh private equity fund with $3.2 billion in total commitments. The oversubscribed fund exceeded its hard cap and represents the largest fund in Wind Point’s 42-year history.

Pantheon Co-Leads €811 Million Continuation Vehicle For Safety21 And Onlineprinters

By Amit Chowdhry ● Aug 5, 2026

Pantheon has co-led an €811 million multi-asset continuation vehicle for Bregal Unternehmerkapital, providing additional capital and an extended ownership period for two European portfolio companies.

University Of Toronto Joins Canadian Nuclear Laboratories Academic Partnership Program

By Amit Chowdhry ● Aug 5, 2026

The University of Toronto has joined Canadian Nuclear Laboratories’ Academic Partnership Program, becoming the tenth institution to participate in the nuclear workforce and research initiative.

Blue Earth Capital Raises Over $200 Million For Impact Secondaries Strategy

By Amit Chowdhry ● Aug 5, 2026

Blue Earth Capital has completed the second closing of its impact secondaries strategy with more than $200 million in investor commitments. New commitments came from U.S.-based investors including Builders Vision, iAlumbra Capital and Sonen Capital. They join first-close investors Proparco, the Ursimone Wietlisbach Foundation and Stella.