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IFP Onboards $700 Million CenterBridge Planning Team

By Amit Chowdhry ● Dec 12, 2025

Independent Financial Partners has brought on CenterBridge Planning Group, a five-advisor team overseeing more than $700 million in client assets, marking one of the firm’s most significant team additions to date.

Concurrent Adds 10 Advisors In Q4 As Firm Accelerates Toward $15 Billion In AUM

By Amit Chowdhry ● Dec 12, 2025

Concurrent Investment Advisors added ten advisors across the fourth quarter as the Tampa-based hybrid RIA continued a year of rapid expansion, bringing its total wealth and retirement assets to more than $30 billion. The growth reflects the firm’s ongoing momentum with its independent platform model as it moves toward surpassing $15 billion in assets under management.

Mars Finalizes Acquisition Of Kellanova

By Amit Chowdhry ● Dec 12, 2025

Mars, Incorporated has completed its acquisition of Kellanova, uniting two long-standing consumer goods companies and creating a broader global snacking powerhouse. The deal brings together Kellanova’s portfolio of billion-dollar snack brands, including Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, RXBAR, and Kellogg’s international cereal brands, with Mars’ existing lineup of major confectionery and snack products such as Snickers, M&M’s, Twix, Dove, Skittles, Extra, Kind, and Nature’s Bakery.

Serval: $75 Million Series B At $1 Billion Valuation Raised For Enterprise Automation Platform

By Amit Chowdhry ● Dec 12, 2025

Serval has secured $75 million in Series B funding led by Sequoia Capital, bringing the company’s valuation to $1 billion and marking a significant milestone in its evolution from an IT automation tool to a horizontal enterprise platform. The latest funding round also included participation from Redpoint, Meritech, First Round, General Catalyst, Evantic, Sound Ventures, Radical Ventures, and others. In total, Serval has raised $127 million since August.

On Me: $6 Million Seed Funding Closed To Expand Its Digital Gifting Platform

By Amit Chowdhry ● Dec 12, 2025

On Me has secured a $6 million seed round to advance its personalized digital gifting platform, one of the largest consumer fintech seed financings completed in 2025. The round was led by NFX with participation from pre-seed investors Lerer Hippeau and focal.

Fervo Energy: $462 Million Raised To Advance Next-Generation Geothermal Expansion

By Amit Chowdhry ● Dec 12, 2025

Fervo Energy has secured a $462 million Series E round to accelerate the commercial buildout of its next-generation geothermal portfolio, marking one of the largest private financings in the geothermal sector. New investor B Capital led the oversubscribed round. And it included participation from a broad base of new and returning investors, reflecting rising market confidence in Fervo’s ability to deliver large-scale, around-the-clock carbon-free power.

BMW: Milan Nedeljković Named As New Chairman Of The Board Of Management

By Amit Chowdhry ● Dec 12, 2025

BMW AG announced that Dr. Ing. Milan Nedeljković will become the company’s next Chairman of the Board of Management, assuming the role on May 14, 2026. The decision was approved by the Supervisory Board following the launch phase of the Neue Klasse program, marking a pivotal leadership transition at a time when the company is navigating large-scale technological and operational transformation.

Finance Of America: $2.5 Billion Strategic Partnership Secured To Expand Home Equity Lending Platform

By Amit Chowdhry ● Dec 12, 2025

Finance of America Companies Inc. announced a significantly expanded $2.5 billion strategic partnership with funds managed by Blue Owl Capital, marking one of the company’s most significant capital commitments to date and signaling a major investment in the growing U.S. retirement and home equity financing market.