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Dragonfly Capital: $650 Million Closed For Fourth Fund

By Amit Chowdhry ● Feb 19, 2026

Dragonfly Capital, a leading venture capital firm focused on blockchain and digital asset investments, has officially closed its fourth investment fund at $650 million, marking a significant milestone for the firm amid a subdued venture funding environment for crypto startups.

Thrive Capital: $10 Billion Closing Of Thrive X Fund

By Amit Chowdhry ● Feb 19, 2026

Thrive Capital, the venture capital firm founded and led by Joshua Kushner, confirmed that it has closed its largest-ever investment fund, Thrive X, with more than $10 billion in committed capital. Kushner announced the new vehicle directly on X, underscoring its scale and strategic focus.

XTEND To Go Public In $1.5 Billion Merger With Nasdaq-Listed JFB Construction Holdings

By Amit Chowdhry ● Feb 18, 2026

XTEND and JFB Construction Holdings announced a definitive agreement to combine in an all-stock transaction implying a $1.5 billion valuation, based on the price per share in a concurrent private placement. Upon closing, the combined company is expected to be renamed XTEND AI Robotics and listed on the Nasdaq under the ticker “XTND.”

Night Media Raises $70 Million To Build Internet-First Media Company

By Amit Chowdhry ● Feb 18, 2026

Night Media, a talent management company representing some of the internet’s biggest creators, has raised $70 million in new financing from investors including StepStone Group, Founders Fund, House Capital, K5 Global, and PagsGroup as it looks to expand its footprint across media and entertainment.

Braintrust: $80 Million Series B Raised To Power Production AI Infrastructure

By Amit Chowdhry ● Feb 18, 2026

Braintrust, an AI observability platform focused on production environments, announced it has raised $80 million in Series B funding as it looks to become the infrastructure layer for production AI systems. The round was led by ICONIQ, with participation from returning investors including Andreessen Horowitz, Greylock, Elad Gil, and Basecase Capital, among others.

Databricks Surpasses $5.4 Billion Revenue Run-Rate And Secures Over $7 Billion In Equity And Debt Financing

By Amit Chowdhry ● Feb 18, 2026

Databricks announced it has surpassed a $5.4 billion revenue run rate, achieving more than 65% year-over-year growth in the fourth quarter. Alongside this milestone, the company is completing investments totaling more than $7 billion, including approximately $5 billion in equity financing at a $134 billion valuation and roughly $2 billion in additional debt capacity.

Valtus Group Partners With Polaris As Majority Investor To Accelerate Global Expansion

By Amit Chowdhry ● Feb 18, 2026

Valtus Group, an international leader in executive interim management, has announced a strategic partnership with Nordic private equity firm Polaris Private Equity, which will become the company’s majority investor. The transaction is designed to accelerate Valtus’s international growth ambitions and position the firm as a global leader in its sector.

FancyAI Secures Funding From The Shipyard

By Amit Chowdhry ● Feb 18, 2026

The Shipyard announced a strategic investment in FancyAI, a Generative Engine Optimization platform designed to help brands improve their visibility and credibility across AI-powered discovery environments.

NuuEnergy Raises €4.3 Million Seed Round To Scale Regional Heat-Pump Installation Model

By Amit Chowdhry ● Feb 18, 2026

Munich-based EnergyTech startup nuuEnergy has raised €4.3 million in a seed funding round to accelerate the expansion of its regional heat-pump installation businesses and further digitize its operations. The round was led by amberra, the corporate venturing studio of the Cooperative Financial Network Volksbanken Raiffeisenbanken, with participation from EnjoyVenture and existing investors High-Tech Gründerfonds, Vireo Ventures, better ventures, and Bynd Venture Capital.

Lightworks: Up To $12 Million Secured For Advancing Deployment For Highly Regulated Enterprises

By Amit Chowdhry ● Feb 18, 2026

Canadian enterprise AI consultancy Lightworks has secured up to $12 million in financing to fast-track the large-scale deployment of AI solutions for some of the world’s largest and most highly regulated enterprises. The round was led by Round13 Capital.

Nakamoto Signs Definitive Agreements To Buy BTC Inc And UTXO Management In All-Stock Deal Valued At $107 Million

By Amit Chowdhry ● Feb 18, 2026

Nakamoto announced it has signed definitive merger agreements to acquire BTC Inc, a global Bitcoin-focused media and events company, and UTXO Management GP, LLC, an investment firm focused on private and public Bitcoin companies. The deal is expected to close in the first quarter of 2026, subject to customary closing conditions.

Realta Fusion Secures $9.5 Million Growth Capital Facility From Silicon Valley Bank

By Amit Chowdhry ● Feb 18, 2026

Realta Fusion has secured a $9.5 million growth capital facility from Silicon Valley Bank, a division of First Citizens Bank, to advance its magnetic mirror fusion technology toward commercialization.

White & Case Expands M&A And Life Sciences Practice With Nicole Daley Partner Hire In Boston

By Amit Chowdhry ● Feb 18, 2026

White & Case has expanded its Global Mergers & Acquisitions Practice and Global Life Sciences and Healthcare Industry Group with the addition of Nicole Daley as a partner in Boston.

Sterlington Expands Executive Compensation Practice With Addition Of Jake Ebers From Kirkland & Ellis

By Amit Chowdhry ● Feb 18, 2026

Sterlington announced that Jake Ebers has joined the firm as a partner in its Executive Compensation practice, enhancing the firm’s capabilities in complex transactional and executive compensation matters. Ebers joins from Kirkland & Ellis, where he was a partner.

Troutman Pepper Locke: Allison Perlman Joins Energy Transactional Practice Group As Partner

By Amit Chowdhry ● Feb 18, 2026

Troutman Pepper Locke announced that Allison Perlman has joined the firm’s Energy Transactional Practice Group as a partner in its Los Angeles office, strengthening the firm’s West Coast energy and infrastructure capabilities.

Rezolve Ai Expands With $230 Million Reward Loyalty UK Acquisition

By Amit Chowdhry ● Feb 18, 2026

Rezolve Ai announced it has acquired 100% of Reward Loyalty UK Limited for $230 million in an all-cash transaction, strengthening its core AI-commerce infrastructure and adding a profitable, scaled loyalty and engagement platform embedded across major banks and retailers.

Portland General Electric Expands Into Washington With $1.9 Billion PacifiCorp Acquisition

By Amit Chowdhry ● Feb 18, 2026

Portland General Electric Company announced it has agreed to acquire select Washington state generation, transmission, and electric utility operations from PacifiCorp for $1.9 billion, a transaction representing a purchase price multiple of 1.4x the estimated 2026 rate base. The deal will expand PGE’s customer base to approximately 140,000 in Washington and is expected to be accretive in the first full year after closing, enhancing long-term earnings per share and dividend growth.

Brown & Brown Acquires American Adventure Insurance Assets

By Amit Chowdhry ● Feb 18, 2026

Brown & Brown announced that its Brown & Brown Dealer Services division has acquired the assets of The Protectorate Group Insurance Agency, doing business as American Adventure Insurance. The deal was announced by J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and Paul Bender, owner of American Adventure.

Macquarie To Acquire South American Tower Operations Of IHS Towers For About $685 Million

By Amit Chowdhry ● Feb 18, 2026

Macquarie Asset Management has agreed, on behalf of a privately managed infrastructure fund, to acquire the South American wireless tower operations of IHS Towers. The seller is IHS Mauritius BR Limited, part of IHS Holding Limited (NYSE: IHS). The transaction implies an enterprise value of approximately R$3,550 million ($685 million).

Tactile Systems Acquires LymphaTech To Expand Lymphedema Solutions Portfolio

By Amit Chowdhry ● Feb 18, 2026

Tactile Systems Technology, which does business as Tactile Medical, announced it has acquired LymphaTech Inc. for an upfront cash payment of $6.8 million, plus potential additional consideration tied to future milestone achievements. The transaction is aimed at expanding the company’s portfolio of solutions for lymphedema and strengthening its position in conditions associated with lymphatic dysfunction.

Kennedy-Wilson To Be Acquired By Management-Led Consortium And Fairfax Financial In $1.65 Billion All-Cash Deal

By Amit Chowdhry ● Feb 18, 2026

Kennedy-Wilson Holdings announced that it has entered into a definitive agreement to be acquired in an all-cash transaction by an entity affiliated with a consortium led by Chairman and CEO William McMorrow and certain other senior executives, alongside Fairfax Financial Holdings Limited.

American Exchange Group Acquires Watchmaker E. Gluck To Form E. Gluck Holdings

By Amit Chowdhry ● Feb 18, 2026

American Exchange Group, a global fashion accessory design, manufacturing, and distribution company, announced it has acquired the assets of E. Gluck Corporation, a longstanding name in the watch industry. The transaction brings the two companies together to form E. Gluck Holdings, which will operate as what the companies describe as the premier and largest wholesale fashion watch and jewelry company in the industry.

Blue Bird Signs Agreement To Acquire And Consolidate Micro Bird Joint Venture

By Amit Chowdhry ● Feb 18, 2026

Blue Bird, a school bus manufacturer and leader in electric and low-emission student transportation, announced it has signed a definitive agreement to acquire Girardin Group’s stake in its 50/50 Micro Bird joint venture. The transaction will give Blue Bird full ownership of Micro Bird and consolidate the businesses under one brand, one team, and one operating approach.

IHS To Be Acquired By MTN Group In $6.2 Billion Deal

By Amit Chowdhry ● Feb 18, 2026

IHS Holding Limited announced it has entered into a definitive merger agreement to be acquired by MTN Group Limited in an all-cash transaction valued at approximately $6.2 billion in enterprise value. Under the terms of the agreement, shareholders of IHS Towers will receive $8.50 per ordinary share in cash.

Blackstone To Acquire Home Services Platform Champions Group

By Amit Chowdhry ● Feb 18, 2026

Blackstone announced that funds managed by its perpetual private equity strategy BXPE have entered into a definitive agreement to acquire Champions Group, a residential services platform, from Odyssey Investment Partners. Odyssey and the company’s management team will retain a significant minority investment alongside Blackstone. Financial terms of the transaction were not disclosed. The deal is expected to close in the first half of 2026, subject to customary closing conditions.

Sverica Announces Sale Of Cybersecurity Solutions Provider Defy Security To Booz Allen Hamilton

By Amit Chowdhry ● Feb 18, 2026

Sverica Capital Management LP announced that its Fund V portfolio company, Defy Security, LLC, has entered into a definitive agreement to be acquired by Booz Allen Hamilton. The transaction follows a five-year partnership between Sverica and Defy and is expected to close in the second quarter of the Company’s fiscal year 2026, subject to customary closing conditions and regulatory approvals.

Avenue Z Acquires Shopify Premier Partner Varfaj To Form Full-Funnel Growth Platform For DTC Brands

By Amit Chowdhry ● Feb 18, 2026

Avenue Z, a hybrid agency focused on influence and revenue growth for fast-moving brands, announced it has acquired Varfaj, a recognized Shopify design and technology premier partner. The transaction positions Avenue Z to expand its full-funnel capabilities and deepen its focus on AI-powered, agent-led commerce experiences.

Jack Altman Joins Benchmark As General Partner

By Amit Chowdhry ● Feb 18, 2026

Benchmark has announced that Jack Altman is joining the firm as its newest General Partner, a move that underscores both Altman’s rising influence in venture capital and Benchmark’s ongoing focus on deepening its leadership ranks.

Integra Resources Acquires 6,600-Acre Ranch Adjacent To DeLamar Project For $12.5 Million

By Amit Chowdhry ● Feb 18, 2026

Integra Resources announced it has acquired a strategically located 6,600-acre ranch contiguous with its DeLamar Project in Owyhee County, Idaho, for $12.5 million.

The Heritage Group Acquires Fiber Reinforcement Leader FORTA

By Amit Chowdhry ● Feb 18, 2026

The Heritage Group announced it has acquired FORTA, a Pennsylvania-based leader in synthetic fiber reinforcement for asphalt and concrete, from Riverarch Equity Partners. Financial terms of the transaction were not disclosed.