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White Cap, a leading North American distributor of specialty construction supplies and safety products for professional contractors, has signed a definitive agreement to acquire the business of Gierke Robinson Company, a distributor of concrete accessories, tools, equipment rentals and repair services serving concrete, paving and general contractors across Eastern Iowa, Western Illinois and Southwest Wisconsin. Financial terms were not disclosed.

Edgewise Therapeutics has completed the sale of sevasemten and its muscular dystrophy business to Servier, an independent international pharmaceutical group, for $1.55 billion in upfront cash and up to $1.1 billion in additional regulatory and commercial milestone payments, representing aggregate potential consideration of up to $2.65 billion. The transaction, advised by Centerview Partners as exclusive financial adviser and Wilson Sonsini Goodrich & Rosati as legal counsel, marks Edgewise's transition into a focused cardiovascular company with a pipeline centered on EDG-7500 for hypertrophic cardiomyopathy, EDG-15400 for heart failure with preserved ejection fraction, and EDG-003 for an undisclosed target.

Baird announced that John McAuley and Mary Weeks Fountain have joined the firm’s wealth management office in Charlotte, North Carolina.

Raymond James announced that b1BANK has selected its Financial Institutions Division to support the bank’s investment program, b1 Wealth Solutions Group.

The Trade Desk announced the appointment of Penry Price to its board of directors. Price brings more than two decades of experience across the advertising industry, with leadership roles spanning major ad platforms, agency partnerships, marketing technology, and AI-focused workflow intelligence.

Detroit City FC Holdings announced that Jay Farner, founder and CEO of Ronin Capital Partners, is making the largest single investment in the soccer club’s history through Ronin Sports & Entertainment Group. The financial terms of the investment were not disclosed.

TEGNA announced that Scott Gill has been named Vice President of Technology and Operations. In this role, Gill will oversee engineering, technology, and sports operations across TEGNA’s 64 local television stations. He will lead efforts to strengthen station performance, modernize infrastructure, and support the delivery of local journalism across broadcast, streaming, mobile, and digital platforms.

Glenfarne Group announced a $500 million investment in Texas LNG, with lead investors being investment funds and accounts managed by HPS Investment Partners, a part of BlackRock.

ReSpark announced that it completed its acquisition of UptimePM, a maintenance and facility management software platform built for heavy industrial operations. UptimePM is now a wholly owned part of ReSpark and will be rebranded as ReSpark Maintenance.

Stryten Energy announced that it signed a definitive agreement to acquire C&D Technologies and Trojan Battery Company, collectively known as C&D Trojan. The transaction is expected to create a scaled battery manufacturing and energy storage platform serving critical markets globally.

Riverview Landscapes announced that it acquired Kevin Labadini Corporation, a commercial landscaping and snow management provider headquartered in Shrewsbury, Massachusetts.

Keller Williams Realty announced an agreement to acquire the Jason Mitchell Group, a top-ranked U.S. teamerage-style independent brokerage and real estate referral and lead conversion platform.

Safety Management Group announced that it acquired CrossSafety, a Canadian health, safety, and environmental services provider. Safety Management Group is a portfolio company of Gryphon Investors.

Wynnchurch Capital announced that it has entered into a definitive agreement to sell FWI Holdings, known as FloWorks, to Ferguson Enterprises. The all-cash transaction values FloWorks at an enterprise value of approximately $1.6 billion.

Tavoron announced the acquisition of Fluidraulics, an automation component and system distributor serving customers across Pennsylvania and Ohio.

Prefect announced that it has agreed to acquire Dagster Labs, the creator of the Dagster orchestrator. The transaction brings together two major modern workflow orchestration platforms that emerged as successors to Apache Airflow.

Quadric announced the second close of its Series C financing, bringing the round to $46 million and total capital raised to $90 million. The second close was led by the International Finance Corporation, the private sector arm of the World Bank Group.

Voyager Technologies announced that it completed its acquisition of Astrobotic Technology. The close comes as NASA awarded two new lunar lander missions to the company, including an approximately $298 million task order announced on June 30.

PixVerse announced the completion of its Series C extension, bringing total Series C fundraising to $439 million. The company said the financing supports its expansion from AI video generation into games and interactive entertainment. The round was extended following continued interest from international investors and strategic partners across media, entertainment, and technology. New investors in the extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha.

Paul, Weiss announced that Jamie McLaren will join the firm as a partner in the M&A Group within its Corporate Department. He will be based in Hong Kong.

Family Office Partners announced that Patrick Keller and Andrew C. Keller have joined the firm to lead its expansion into Houston. The addition expands Family Office Partners’ presence in a strategically important market and reflects continued momentum behind its integrated advisory model for families with complex wealth.

Summitry announced that Alex Katz and Conor Wilkes have been appointed Co-CEOs of the Bay Area registered investment advisor. Katz previously served as President of Summitry, while Wilkes served as Chief Operating Officer. They succeed Colin Higgins, who is transitioning into the role of Executive Chairman after 22 years of leadership.

BakerHostetler announced that Kenneth Racowski has joined the firm’s Philadelphia office as a partner in its Litigation Practice Group. Racowski will be a member of BakerHostetler’s Antitrust and Competition and Commercial Litigation teams. He will also lead the firm’s private civil antitrust practice.

LITEON Technology selected McKinney, Texas, for a new North American advanced manufacturing campus in one of the largest private investments in the city’s history. The project represents a $919 million investment and is expected to create at least 600 new high-quality jobs over the next several years. LITEON is a global provider of power management and AI infrastructure solutions.

Beaconcure announced the appointment of Seth Houston as Chief Executive Officer, effective July 13, 2026. Houston will lead Beaconcure through its next phase of growth as life sciences organizations increasingly adopt artificial intelligence to improve the quality, speed, and efficiency of clinical development.

Gentoo Media announced the appointment of Måns Svalborn as Chief Financial Officer. Svalborn is expected to join the company in early October 2026.

Waze announced several new customization and AI-powered navigation updates designed to give drivers and riders more control over their trips. The updates include a new motorcycle mode, personalized navigation, a “less chatty” voice guidance option, expanded Conversational Reporting for map updates, and new Gemini-powered search capabilities for finding destinations.

Cadeler announced that it signed an EIFO-backed senior secured green term loan facility of €247 million to help finance construction of Wind Apex, its third A-class newbuild offshore wind installation vessel.

Meta reportedly plans to begin manufacturing an artificial intelligence chip in September as part of a broader effort to expand its computing infrastructure and reduce dependence on outside chip suppliers. According to Reuters, the company’s data center chip is code-named Iris and is part of Meta’s multi-generation Meta Training and Inference Accelerator initiative. The chip is being designed in-house to support AI workloads across Meta’s platforms, including Facebook and Instagram.

Finto announced that it raised $3.4 million to bring AI agents into enterprise accounting workflows. The round included backing from Y Combinator, Gradient, and Lightspeed. The financing also included participation from finance leaders with experience managing accounting operations at scale, including SAP Chief Controller Lukas Deutsch, former Everllence CFO Jürgen Klöpffer, and GBS leader Michael Felix.