Archives

Carson Group Acquires $236 Million Firm Pinnacle Wealth Management

By Amit Chowdhry ● Jul 10, 2026

Carson Group has acquired Pinnacle Wealth Management, a California-based advisory firm led by Managing Partners and Wealth Advisors Jack Zboralske, AIF, and Kenyon Lederer, CFP, ChFC, CFS. Under the deal, the Pinnacle team will operate as Carson Wealth and join Carson’s Roseville, California office, bringing approximately $236 million in advisory and brokerage assets.

Barracuda Acquires Evo Security To Build Unified Identity Resilience Platform For MSPs

By Amit Chowdhry ● Jul 10, 2026

Barracuda Networks has acquired Evo Security, an identity and access management provider built specifically for managed service providers (MSPs), in a deal aimed at turning Barracuda’s BarracudaONE platform into a comprehensive, partner‑first identity security stack. The combination brings together Evo’s IAM and privileged access management (PAM) capabilities with Barracuda’s existing identity‑driven controls to deliver end‑to‑end identity resilience through a single, multi‑tenant platform.

Ascendant Capital Partners Buys Eight-Hotel Beachfront Portfolio In Virginia Beach And Outer Banks

By Amit Chowdhry ● Jul 10, 2026

Ascendant Capital Partners has acquired an eight‑hotel portfolio from Coastal Hospitality Associates, adding 965 predominantly beachfront rooms across six properties in Virginia Beach, Virginia, and two in North Carolina’s Outer Banks. The deal fits Ascendant’s focus on institutional‑quality hospitality assets in durable, leisure‑driven destinations and gives the firm a concentrated set of oceanfront hotels with strong demand from tourism, government, military, and corporate guests.

Argosy Private Equity Backs Asset-Light Logistics Platform K&L Freight

By Amit Chowdhry ● Jul 10, 2026

Argosy Private Equity has made a new platform investment in K&L Freight Management, an asset-light third‑party logistics provider focused on time‑sensitive, mission‑critical freight services. The deal supports K&L’s growth strategy across resilient, non‑discretionary end markets, including food and beverage, life sciences, energy, and other industrial sectors.

3E Acquires Yordas Group To Expand Global Product Compliance And REACH Services

By Amit Chowdhry ● Jul 10, 2026

3E has acquired Yordas Group, strengthening its position as a global provider of AI‑driven compliance solutions and significantly expanding its product compliance and regulatory content capabilities. The deal brings together two specialist firms with deep expertise in chemical management, product stewardship, sustainability, and regulatory intelligence.

Assent Acquires IPOINT To Build Unified AI-Powered Product Compliance And Lifecycle Intelligence Platform

By Amit Chowdhry ● Jul 10, 2026

Assent has acquired IPOINT, bringing together two specialist software providers to give manufacturers and distributors a more complete, AI‑powered view of their products — from the materials they contain to their environmental impact across the full lifecycle. The deal is Assent’s first acquisition and marks a strategic step beyond supply chain compliance into end‑to‑end product lifecycle intelligence, positioning the combined company to support emerging requirements such as Digital Product Passports and EU sustainability regulations.

Steel Partners Makes $16.75-Per-Share Cash Offer To Acquire InMode

By Amit Chowdhry ● Jul 10, 2026

Steel Partners Holdings L.P., a long‑standing and significant shareholder of InMode Ltd., has sent a letter to InMode’s board offering to acquire 100% of the company’s shares for $16.75 per share in cash. The proposal represents a 20% premium to InMode’s “unaffected” share price of $13.95 and is $0.55 per share higher than a competing $16.20‑per‑share bid reportedly led by InMode’s CEO, Moshe Mizrahy.

Talon Precision Acquires Connecticut-Based Aerospace Machining Firm B & A Company

By Amit Chowdhry ● Jul 10, 2026

Talon Precision has acquired B & A Company, a Milford, Connecticut‑based precision machining firm that has been part of the region’s Aerospace Alley supply chain since 1973. The deal, completed on March 13, 2026, supports Talon Precision’s strategy to build a premier precision manufacturing platform serving aerospace, defense, medical, semiconductor, and other mission‑critical end markets.

CVC Marathon Leads $175 Million Financing For Rentix Combination

By Amit Chowdhry ● Jul 10, 2026

AEA Investors Appoints Adam Biren As Head Of Capital Formation Americas

By Amit Chowdhry ● Jul 10, 2026

AEA Investors announced that Adam Biren has joined the firm as Partner and Head of Capital Formation – Americas, strengthening its investor relations and fundraising capabilities across North America. Based in New York, Biren will focus on expanding the firm’s limited partner network and deepening relationships across its private equity and private credit strategies.

Aardaia Raises €5 Million To Develop New Crops From Wild Plants

By Amit Chowdhry ● Jul 10, 2026

Aardaia has raised €5 million to develop a new generation of crops by domesticating promising wild plant species into modern, farm-ready varieties. The round was led by Point Nine, with participation from FoodLabs, Astanor, Grey Silo Ventures, and several angel investors, and will be used to accelerate Aardaia’s crop development pipeline and build out its team and capabilities.

Tilray: Interview With Chairman & CEO Irwin Simon About The Diversified CPG Company

By Amit Chowdhry ● Jul 10, 2026

Google Backs Thryve.Earth Agroforestry Project For Carbon Removal In Indonesia

By Amit Chowdhry ● Jul 10, 2026

Google announced a long-term agreement with Thryve.Earth to purchase 260,000 tons of carbon removal from an agroforestry project in Sulawesi, Indonesia, marking the first agroforestry initiative included in Google’s carbon removal portfolio. The deal is structured through the Symbiosis Coalition, a collaborative platform that helps climate buyers support nature-based carbon projects.

TIFF Expands Private Equity Secondaries Platform With Senior Hires

By Amit Chowdhry ● Jul 10, 2026

TIFF Investment Management has named Andrew Murray as Managing Director, Head of Secondary Investing, and Stephen Grau as Executive Director, Secondary Investing, to lead a dedicated private equity Secondaries practice within its broader alternatives platform. The move formalizes TIFF’s activity in the growing secondaries market and is aimed at giving clients more flexible ways to manage liquidity, pacing, and private equity exposure.

Meta Breaks Ground On C$13 Billion AI-Optimized Data Center In Alberta

By Amit Chowdhry ● Jul 10, 2026

Meta is breaking ground on its first data center in Canada, a 1‑gigawatt, AI‑optimized facility in Sturgeon County, Alberta that will serve as a major hub for the company’s expanding artificial intelligence and core product infrastructure. The site is Meta’s 33rd data center globally and represents an investment of more than C$13 billion (about US$9.2 billion), making it one of the company’s largest projects outside the United States.

Vendelux Raises $50 Million Series B To Scale AI-Powered B2B Event Intelligence

By Amit Chowdhry ● Jul 10, 2026

Vendelux has raised a $50 million Series B round to expand its AI-powered platform that helps B2B companies identify, prioritize, and measure in‑person event opportunities. The round was led by Tribeca Venture Partners with participation from S3, Pelion Ventures, HubSpot Ventures, FirstMark, and Cervin Ventures, bringing the company’s total funding to $71 million.

Amazon Taps US Bond Market Again With $25 Billion Sale To Fund AI Infrastructure

By Amit Chowdhry ● Jul 10, 2026

Amazon has returned to the US bond market with a new offering of at least $25 billion, adding another jumbo deal to a growing wave of AI‑linked corporate debt. The sale, structured in as many as eight tranches with maturities ranging from three to 40 years, is intended to support Amazon’s massive capital spending plans as it builds out data center and AI infrastructure for itself and its AWS cloud customers, according to Bloomberg.

Susquehanna Offers Up To $500 Million In World Cup Hedging Capacity

By Amit Chowdhry ● Jul 10, 2026

Susquehanna announced it is prepared to facilitate up to $500 million in hedging transactions tied to the ongoing World Cup, targeting businesses whose commercial exposure depends on tournament outcomes. The initiative is aimed at sponsors, media and broadcast partners, hospitality firms, consumer brands, and other enterprises that face event-driven financial obligations based on how teams perform.

Cursor Integrates SpaceXAI’s New Grok 4.5 Model For Coding And Agentic Work

By Amit Chowdhry ● Jul 10, 2026

Cursor has rolled out support for Grok 4.5, SpaceXAI’s latest large language model optimized for coding, agentic tasks, and complex knowledge work. Grok 4.5 is now available as a core engine inside Cursor’s AI coding environment, giving developers access to a high‑capacity model directly within their editor and workflows.

Andera Expansion Raises Record €430 Million For Fourth Growth Fund

By Amit Chowdhry ● Jul 10, 2026

Andera Partners has closed its fourth Andera Expansion fund (AE IV) at €430 million, setting a new fundraising record for the growth-focused strategy and coming in well above its original €350 million hard cap. The cap was raised twice to accommodate strong investor demand, following the €250 million AE III fund, which was also oversubscribed and closed within 12 months.

Ballast Rock Asset Management Names Michael Welch Head Of Investor Relations And Capital Formation

By Amit Chowdhry ● Jul 10, 2026

Ballast Rock Asset Management has appointed Michael G. Welch, CFA, as Head of Investor Relations and Capital Formation, a newly created role focused on expanding the firm’s capital base and investor relationships. Welch will lead outreach across accredited individual investors, RIAs, family offices, and institutional investors as Ballast Rock scales its real estate, venture capital, and private credit platforms.

Google-Backed FireSat Satellites Join Fight Against Wildfires

By Amit Chowdhry ● Jul 9, 2026

Google Research and nonprofit Earth Fire Alliance announced that three new FireSat satellites have successfully launched from Vandenberg Space Force Base in California, expanding a purpose-built constellation designed to detect wildfires in near real time. The new satellites build on a pilot FireSat spacecraft launched in 2025, which demonstrated the ability to spot early-stage fires as small as 5x5 meters that were invisible to existing satellite systems.

Infobip Acquiring SocketLabs To Expand Enterprise Email Infrastructure

By Amit Chowdhry ● Jul 9, 2026

Infobip announced it has acquired SocketLabs, a U.S.-based provider of email infrastructure technology, as part of its strategy to strengthen its position in enterprise email delivery and communications platforms. Financial terms of the transaction were not disclosed.

JLL Arranges $352 Million Refinancing For 425 Lexington Avenue In Midtown Manhattan

By Amit Chowdhry ● Jul 9, 2026

JLL announced it has arranged a $352 million refinancing for 425 Lexington Avenue, a 31-story, 750,000-square-foot Class A office tower in Midtown Manhattan. The financing was secured on behalf of borrower Vanbarton Group through Goldman Sachs, with the loan pre-placed entirely with funds and accounts managed by BlackRock.

Paylocity Acquiring AI-Native Aidora To Simplify Leave Management

By Amit Chowdhry ● Jul 9, 2026

Paylocity announced it has acquired Aidora, an AI-native leave management compliance software company, as part of its strategy to automate complex HR processes and improve employee experience. Financial terms of the deal were not disclosed.

IKS Health Completes Acquisition Of TruBridge

By Amit Chowdhry ● Jul 9, 2026

IKS Health announced it has completed its acquisition of TruBridge, a provider of healthcare technology solutions including electronic health records and revenue cycle management systems for rural and community hospitals. Following the transaction, TruBridge will operate as a wholly owned subsidiary of IKS Health.

Studion Appoints Brian Harrington As General Manager Of Life Sciences Business Unit

By Amit Chowdhry ● Jul 9, 2026

Studion announced it has promoted Brian Harrington to General Manager of its Life Sciences business unit, where he will lead strategy, growth, and delivery of the company’s end-to-end eClinical services. The move is aimed at helping life sciences organizations accelerate the development and delivery of new treatments.

Sentry Aerospares Acquires AirStart To Expand Regional Aircraft Aftermarket Capabilities

By Amit Chowdhry ● Jul 9, 2026

Sentry Aerospares, a portfolio company of Acorn Capital Management, announced the acquisition of AirStart, a Canadian independent stocking distributor of rotable aircraft components focused on regional aircraft platforms. Financial terms of the transaction were not disclosed.

Marubeni Acquires EagleRidge Energy To Expand North American Natural Gas Business

By Amit Chowdhry ● Jul 9, 2026

Marubeni Corporation has completed the acquisition of EagleRidge Energy, a Dallas-based natural gas operator, strengthening its energy portfolio and expanding its natural gas footprint across North America. Financial terms of the transaction were not disclosed.

Rand & Co. Expands Consumer Investment Platform With Managing Director Appointment

By Amit Chowdhry ● Jul 9, 2026

Rand & Co. Holdings announced the expansion of its consumer investment platform with the appointment of Conor Riley as managing director. In the new role, Riley will lead the firm's investment efforts across consumer products, beauty, personal care, health, wellness, lifestyle, and related distribution businesses.