Archives

Cahill Elects Five New Partners And Promotes Two Attorneys To Counsel

By Amit Chowdhry ● Jan 6, 2026

Cahill Gordon & Reindel LLP said it has elected five attorneys to its partnership and promoted two attorneys to counsel, with all changes effective January 1, 2026.

Genesis Wealth Recruits Two Advisors With $650 Million In Prior Client Assets

By Amit Chowdhry ● Jan 6, 2026

Genesis Wealth, a wealth management platform and non-OSJ branch office within LPL Financial, announced it has added two senior financial advisors from JPMorgan Chase who previously managed a combined $650 million in client assets, as the firm continues to target experienced bank-based advisors transitioning to an independent model.

Arlington Capital Partners To Sell Tex-Tech Industries To Michelin, While Spinning Out FMI

By Amit Chowdhry ● Jan 6, 2026

Arlington Capital Partners announced it has entered into a definitive agreement to sell Tex-Tech Industries, a developer and manufacturer of highly engineered materials solutions for aerospace, space and defense, and specialty industrial markets, to Michelin. The transaction is expected to close in the first half of 2026, subject to customary regulatory approvals and closing conditions.

W. L. Gore & Associates To Buy Conformal Medical

By Amit Chowdhry ● Jan 6, 2026

W. L. Gore & Associates annonuced it has entered into a definitive agreement to acquire Conformal Medical, a medical device company developing the investigational CLAAS AcuFORM System, a next-generation left atrial appendage occlusion (LAAO) technology aimed at stroke prevention for patients with non-valvular atrial fibrillation. The transaction is expected to close in early 2026, subject to regulatory approval.

Minto Group And Crestpoint Form New Partnership In $2.3 Billion Deal

By Amit Chowdhry ● Jan 6, 2026

Minto Group and Crestpoint Real Estate Investments Limited Partnership said they will form a new programmatic joint venture partnership and, at the same time, have agreed to acquire Minto Apartment Real Estate Investment Trust in a take-private transaction valued at approximately $2.3 billion.

Azimuth AI Raises New Funding As Smart-Utility Edge-AI Chip Moves Toward Production

By Amit Chowdhry ● Jan 6, 2026

Azimuth AI, a semiconductor company building custom edge-AI system-on-chips for smart utilities, energy, and industrial infrastructure, said it has closed a new funding round led by Jetha Global, with participation from existing investors Moneta Ventures and AUM Ventures as well as additional new investors.

Sidus Space Adds Former L3Harris Space Systems Leader Kelle Wendling to Board

By Amit Chowdhry ● Jan 5, 2026

Sidus Space announced it has appointed aerospace and defense executive Kelle Wendling to its board of directors, adding a veteran leader with more than three decades of experience in government contracting, space systems, and intelligence, surveillance, and reconnaissance (ISR) markets.

Lassen Peak: Over $10 Million Raised To Bring Handheld Concealed-Weapons Detection Radar To Market

By Amit Chowdhry ● Jan 5, 2026

Lassen Peak announced it has completed a mix of debt and equity financings totaling more than $10 million to fund completion and market introduction of what it describes as the world’s first fully integrated handheld radar system for concealed weapon detection.

Qualcomm Introduces New Robotics Stack And Dragonwing IQ10 Processor To Power Physical AI

By Amit Chowdhry ● Jan 5, 2026

At CES, Qualcomm Technologies unveiled a new end-to-end robotics architecture and its latest premium-tier robotics processor, the Qualcomm Dragonwing IQ10 Series, positioning the combined hardware and software stack as a foundation for “Physical AI” systems ranging from household and personal service robots to industrial autonomous mobile robots (AMRs) and full-size humanoids.

Spencer Fane Combines With Global IP Counselors, Expanding IP Capabilities From Washington, D.C.

By Amit Chowdhry ● Jan 5, 2026

Spencer Fane announced it has combined with Global IP Counselors, a Washington, D.C.-based intellectual property boutique, in a move the firm said will broaden its patent and trademark capabilities and deepen its presence in the nation’s capital.

Lyte Emerges From Stealth With $107 Million To Build Perception Platform for Physical AI

By Amit Chowdhry ● Jan 5, 2026

Lyte, a company developing an integrated perception stack for robotics and “Physical AI,” said it has emerged from stealth with $107 million in aggregate funding to build hardware and software systems that help autonomous machines see, understand, and operate safely in real-world environments.

Generac Expands Commercial And Industrial Manufacturing Footprint With New Sussex, Wisconsin Facility

By Amit Chowdhry ● Jan 5, 2026

Generac Holdings announced it has acquired a new manufacturing facility in Sussex, Wisconsin, expanding capacity for its Commercial & Industrial (C&I) product line as demand rises for large-scale backup power and broader energy solutions, particularly from data centers.

QuinStreet Closes Acquisition Of HomeBuddy In $190 Million Deal

By Amit Chowdhry ● Jan 5, 2026

QuinStreetQuinStreet announced it has closed its acquisition of SIREN GROUP AG d/b/a HomeBuddy, a home services demand generation provider, in a transaction that includes $115 million in cash paid at closing and an additional $75 million in post-closing payments to be paid in equal installments over four years, subject to certain closing adjustments.

CohnReznick Expands Into Minnesota With Acquisition Of Smith Schafer

By Amit Chowdhry ● Jan 5, 2026

CohnReznick announced it has acquired Minneapolis-based Smith Schafer & Associates in a strategic deal effective January 1, 2026, marking the firm’s entry into Minnesota and extending its Midwest footprint. The professional services firm said Smith Schafer’s local presence and industry experience will support growth in the state’s diverse business market while expanding CohnReznick’s ability to deliver advisory, assurance, and tax services.

VerifyMe And Open World Sign LOI For Strategic Merger

By Amit Chowdhry ● Jan 5, 2026

VerifyMe and Open World announced they have signed a letter of intent to pursue a strategic merger that would combine VerifyMe’s precision logistics and brand protection capabilities with Open World’s real-world asset tokenization and enterprise blockchain infrastructure. The companies said the combined business is expected to remain listed on Nasdaq and trade under a new ticker symbol after closing.

Jabil Completes Acquisition Of Hanley Energy Group For $725 Million To Expand Rack-Level Data Center Power Capabilities

By Amit Chowdhry ● Jan 5, 2026

Jabil announced it has completed the acquisition of Hanley Energy Group, a provider of energy management and mission-critical power solutions for the data center infrastructure market, as hyperscalers and enterprise customers invest in AI-driven compute buildouts that are increasing demands on power delivery and efficiency.

GATX And Brookfield Infrastructure Close $4.2 Billion Purchase Of Wells Fargo Rail Lease Portfolio

By Amit Chowdhry ● Jan 5, 2026

GATX announced it has closed the acquisition of Wells Fargo’s rail operating lease portfolio in a joint venture with Brookfield Infrastructure, completing the transaction on January 1, 2026.

Mid Penn Bancorp Closes Acquisition Of Cumberland Advisors, Adding $3.2 Billion RIA Platform

By Amit Chowdhry ● Jan 5, 2026

Mid Penn Bancorp, the parent company of Mid Penn Bank, announced it completed its acquisition of Sarasota, Florida-based Cumberland Advisors on January 1, 2026, expanding the bank’s wealth and investment management capabilities through the addition of a registered investment advisory firm with a national and international client base.

SGH And Steel Dynamics Submit Offer To Buy BlueScope Steel For A$13.2 Billion

By Amit Chowdhry ● Jan 5, 2026

SGH and Steel Dynamics announced they have submitted a non-binding indicative offer to acquire 100% of BlueScope Steel in an all-cash deal valued at A$30 per share, as the parties pursue a split of BlueScope’s Australian and North American operations.

Center Capital Partners Raises $125 Million For Terminal Logistics IOS Platform

By Amit Chowdhry ● Jan 5, 2026

Center Capital Partners has closed its second fund focused on industrial outdoor storage, raising $125 million in combined equity across Terminal Logistics Fund II and a joint-venture partnership that the firm says will enable more than $350 million in gross acquisition capacity.

H.I.G. Capital To Sell Interpath To Bridgepoint In Proposed Deal

By Amit Chowdhry ● Jan 5, 2026

H.I.G. Capital announced an affiliate has signed an agreement for the proposed sale of Interpath, its portfolio company and global financial advisory firm, to funds managed by Bridgepoint Group.

TPG’s Rise Funds Acquires Majority Stake In Trustwell

By Amit Chowdhry ● Jan 5, 2026

TPG announced The Rise Funds, the multi-sector strategy within its global impact investing platform, has made a majority investment in Trustwell, a provider of SaaS-based regulatory, compliance, and traceability software for the food industry.

Cambium: $100 Million Series B Raised To Scale AI-Driven Advanced Materials Platform

By Amit Chowdhry ● Jan 5, 2026

Cambium, an advanced materials company focused on defense, aerospace, and other high-performance markets, announced it raised a $100 million in Series B financing to accelerate product development and expand manufacturing across the U.S. and Europe.

ShipBob Tops 1 Billion Units Fulfilled, Posts Record Black Friday-Cyber Monday Performance

By Amit Chowdhry ● Jan 5, 2026

ShipBob announced it has surpassed one billion units fulfilled across its global network, a milestone the company framed as validation of its scale and technology as small and mid-market merchants expand across online marketplaces, direct-to-consumer sites, and retail partners.

AE Industrial Takes Controlling Stake In L3Harris Space Propulsion And Power Business

By Amit Chowdhry ● Jan 5, 2026

AE Industrial Partners has acquired a controlling interest in the Space Propulsion and Power Systems business of L3Harris Technologies, in a deal that will see the storied “Rocketdyne” name restored for the acquired operations.

Phillips 66 To Buy Lindsey Oil Refinery Assets

By Amit Chowdhry ● Jan 5, 2026

Phillips 66 Limited announced it has agreed to acquire the Lindsey Oil Refinery assets and associated infrastructure, with completion subject to closing conditions including customary regulatory clearances.

CareTrust Buys Six Mid-Atlantic Skilled Nursing Facilities For $142 Million

By Amit Chowdhry ● Jan 5, 2026

CareTrust REIT announced it acquired a portfolio of six skilled nursing facilities in the Mid-Atlantic for approximately $142 million, including transaction costs, in an off-market deal effective January 1, 2026.

Wolf & Company Acquires The Kafafian Group To Broaden Advisory Services For Banks and Credit Unions

By Amit Chowdhry ● Jan 5, 2026

Wolf & Company, P.C. announced it has acquired The Kafafian Group, Inc., a Pennsylvania-based bank consulting firm, in a move to expand Wolf’s advisory capabilities for banks and credit unions facing heightened regulatory demands, technology disruption, and margin pressure.

Nichols Cauley, Partners Risk Services, And JGH Consulting Merge To Form Integrated Financial Services Platform

By Amit Chowdhry ● Jan 5, 2026

Nichols Cauley announced it has agreed to merge with insurance brokerage Partners Risk Services and transaction advisory firm JGH Consulting to create a combined platform designed to provide privately held small and midsize businesses, entrepreneurs, and family-owned companies with an integrated suite of professional services spanning accounting, tax, audit, insurance, and transaction advisory.

MCS Completes Management Buyout Backed By J.P. Morgan Asset Management

By Amit Chowdhry ● Jan 5, 2026

MCS, a national property services company founded in 1986, announced it has been acquired by its current leadership in a management buyout backed by J.P. Morgan Asset Management, with the relaunched organization retaining the MCS name and narrowing its focus to commercial, residential, and government property services.