Archives

GracoRoberts Announces Strategic Investment From Tinicum

By Amit Chowdhry ● Yesterday at 11:15 AM

GracoRoberts, a distributor of specialty chemicals and advanced composite materials to the aerospace and defense industry, announced a strategic investment from Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated. Financial terms of the transaction were not disclosed. GracoRoberts' management team is retaining a significant interest in the company and will continue to lead the business.

Brennan Investment Group Acquires 157,412-Square-Foot Industrial Property In Greenville-Spartanburg Market

By Amit Chowdhry ● Yesterday at 11:14 AM

Nordic Capital To Sell ArisGlobal To Dassault Systèmes

By Amit Chowdhry ● Yesterday at 11:13 AM

Nordic Capital has confirmed a definitive agreement to sell ArisGlobal, a provider of software to the life sciences industry, to Dassault Systèmes. The transaction represents a full exit for Nordic Capital and concludes a partnership that transformed ArisGlobal into a scaled, cloud native, and AI enabled platform serving more than 200 life sciences companies, contract research organizations, and government health authorities worldwide.

SPX Technologies Completes Acquisition Of Neptronic For $430 Million

By Amit Chowdhry ● Yesterday at 11:10 AM

SPX Technologies announced it has completed the acquisition of Neptronic. for total cash consideration of CA$605 million, approximately $430 million, subject to customary closing adjustments. The enterprise value to EBITDA multiple implied in the transaction is modestly above the upper end of the company's recently transacted range of 8 to 12 times.

Focus Acquires GuideIT To Accelerate Growth And Expand Client Capabilities

By Amit Chowdhry ● Yesterday at 9:40 AM

GuideIT, a managed technology services company, announced it has entered into a definitive agreement to be acquired by Focus, a healthcare-focused technology services company. Following the closing of the transaction, GuideIT will operate as GuideIT, A Focus Company. Financial terms were not disclosed.

CW Advisors Partners With WNBA Star Tina Charles On Purpose-Driven Wealth Planning

By Amit Chowdhry ● Yesterday at 9:31 AM

CW Advisors announced a new partnership with WNBA legend, entrepreneur, and philanthropist Tina Charles, aimed at helping clients align their wealth with the lives, businesses, and legacies they are building. The firm also named Charles' nonprofit, Hopey's Heart Foundation, as its 2026 philanthropic partner and committed $20,000 to support the organization's mission.

Dimension Launches $800 Million Fund To Invest Across Science And Compute

By Amit Chowdhry ● Yesterday at 9:23 AM

Dimension announced the launch of Dimension III, an $800 million fund dedicated to investing alongside entrepreneurs working across the frontiers of science and compute. With the new fund in place, the firm now manages a total of $1.65 billion in assets. Dimension, which launched its first fund in 2023, said it has partnered with 35 companies spanning areas including next-generation silicon, machine learning infrastructure, world models, fundamental physics, and biotechnology and medicine.

Glow Emerges From Stealth With $180 Million In Funding At A $1.2 Billion Valuation For Endpoint Security

By Amit Chowdhry ● Yesterday at 9:23 AM

Glow, an AI-powered endpoint security company, announced it has emerged from stealth with $180 million in funding at a $1.2 billion valuation. The round was led by Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint Ventures, with participation from Index Ventures, Swish Ventures, Lux Capital, Operator Collective, and Holly Ventures. The company said the funding will accelerate growth of its go-to-market team in the United States and expand Glow Labs, its research arm.

Passionfroot Raises $15 Million Series A For Platform Built For B2B Creator-Led Growth

By Amit Chowdhry ● Yesterday at 9:22 AM

Passionfroot, a platform for B2B creator-led growth, announced a $15 million Series A funding round led by Insight Partners, with participation from existing investors Creandum, Supernode Global, and s16vc. The company describes itself as the first AI-native platform built for B2B creator-led growth, handling everything from creator discovery and contracting to campaign execution and global payment.

Galloway Completes Acquisition Of Anderson Wahlen & Associates

By Amit Chowdhry ● Yesterday at 9:21 AM

Galloway & Company, LLC, a national architecture and engineering firm based in Denver, announced it has completed the acquisition of Anderson Wahlen & Associates, a Salt Lake City-based land development consulting and services firm, effective July 1, 2026. Financial terms of the transaction were not disclosed.

Origin Merchant Partners Combines With Consensus

By Amit Chowdhry ● Yesterday at 9:17 AM

Origin Merchant Partners, an independent investment bank, announced a strategic acquisition of Consensus, a U.S.-based consumer-focused investment banking firm with offices in Boston and New York. The combination creates Consensus Consumer, a dedicated consumer-focused division of Origin, aimed at serving founder-led, family-owned, and private-equity-backed consumer and retail brands across cross-border sales, capital raises, and strategic transitions in the middle market.

National Equity Fund Expands Midwest Footprint With Acquisition Of St. Louis Equity Fund Portfolio

By Amit Chowdhry ● Yesterday at 9:16 AM

National Equity Fund, a non-profit affordable housing investment manager, announced the acquisition of the properties and fund management portfolio of St. Louis Equity Fund, Inc. The transaction adds 32 properties across 13 funds, representing nearly 2,000 affordable homes and more than $200 million in equity, to NEF's portfolio across the St. Louis metropolitan region.

1872 Launches Autonomous Steel Fabrication Factory In Cincinnati And Closes $15 Million Seed Round

By Amit Chowdhry ● Yesterday at 9:15 AM

1872, a startup focused on AI-native manufacturing, announced the launch of an automated steel fabrication factory in Cincinnati's Camp Washington neighborhood, backed by a $15 million seed funding round described as one of the largest in Ohio history. The round was led by private funds advised by The O.H.I.O. Fund. The company was founded by three former SpaceX engineers.

Radnor Property And Madrone Reach Financial Close On $147 Million Atlanta Student Housing Development

By Amit Chowdhry ● Yesterday at 9:13 AM

Radnor Property Group, in partnership with Madrone Community Development Foundation, has reached financial close on a $147 million student housing development in the West End neighborhood of Atlanta. Financing closed on July 1, 2026, through the sale of $146,763,475 in tax-exempt and taxable bonds issued by the Development Authority of Fulton County.

Union Pacific And CN Announce Agreement To Improve North American Rail Connectivity

By Amit Chowdhry ● Yesterday at 9:11 AM

Union Pacific Railroad and CN announced the signing of a binding Memorandum of Understanding intended to strengthen rail service across North America and improve both companies' ability to serve customers. The agreement grants Union Pacific expanded operating rights over CN's Elgin, Joliet & Eastern Railway corridor through Chicago, while granting CN new rights over Union Pacific's network between Memphis, Tennessee, and Eagle Pass, Texas, to support freight movements between Canada and Mexico.

Synaptiq Therapeutics Launches With Acquisition Of Clinical-Stage SYN-001 Program

By Amit Chowdhry ● Yesterday at 9:08 AM

A consortium of European and US-based investors, alongside Nobias Therapeutics, announced the launch of Synaptiq Therapeutics, a privately held, clinical-stage biotechnology company formed to advance SYN-001 for the treatment of neuropsychiatric symptoms associated with 22q11.2 Deletion Syndrome. The company was created through the acquisition of Nobias Therapeutics' lead asset, NB-001, now renamed SYN-001. Financial terms of the transaction were not disclosed. Patrick Dougherty has been appointed Chief Executive Officer.

Carrier Accelerates Intelligent Building Strategy With Acquisition Of 75F

By Amit Chowdhry ● Yesterday at 9:06 AM

Carrier Global announced it has acquired 75F, a developer of cloud native, wireless, AI-enabled building automation systems. The acquisition strengthens Carrier's intelligent building capabilities across applications ranging from complex applied systems and data centers to light commercial buildings and retrofits.

Anthropic Launches 4 Role-Based Certifications And Partners With Pearson On Verified Assessment

By Amit Chowdhry ● Yesterday at 8:54 AM

Anthropic announced an expansion of its Claude Certification Program with three new role-based certifications, rounding out a set of four credentials designed to cover the full range of roles a customer needs to deploy Claude across an enterprise. The expansion builds on the Claude Partner Network, which launched in March alongside a $100 million investment, and a Services Track introduced in June to help enterprise buyers identify qualified partner firms.

Bretton AI: Interview With Co-Founder And CEO Will Lawrence About AI-Native Operations For The Financial Back Office

By Amit Chowdhry ● Yesterday at 8:37 AM

Bretton AI runs AI-native operations for the financial back office. Banks regulated by the OCC, Federal Reserve, and FDIC use Bretton AI to run compliance, risk, fraud, and operations on one platform, on their own data and policies, with every output traced, cited, and audit-ready. Bretton AI offers two paths: the Bretton AI Platform, where teams build and run their own agents, and Bretton AI Managed Services, where a dedicated Bretton team runs the program end to end. Everything is underpinned by Bretton AI’s Trust Infrastructure for model governance, continuous evaluation, traceability, and quality assurance. Pulse 2.0 interviewed Bretton AI Co-Founder and CEO Will Lawrence to learn more.

TechWolf And WTW Partner To Turn Skills And Workforce Data Into AI-Driven Business Impact

By Amit Chowdhry ● Yesterday at 8:14 AM

TechWolf and WTW announced a strategic partnership designed to help large enterprises accelerate the shift from skills strategy to practical execution. The collaboration combines WTW's expertise in skills design, job architecture, and workforce transformation with TechWolf's AI-driven Skills, Work, and Market Intelligence platform.

PodcastOne Acquires The Magnificent Others With Billy Corgan

By Amit Chowdhry ● Yesterday at 8:13 AM

PodcastOne announced the acquisition of exclusive sales and distribution rights to The Magnificent Others, the interview podcast hosted by Smashing Pumpkins frontman Billy Corgan. PodcastOne will provide exclusive sales, marketing, and distribution for the show, aiming to grow its audience across audio and video platforms while creating new opportunities for advertisers and brand partners.

Portillo’s Appoints Christopher Hansen As Executive Chef And Senior Director Of Culinary Innovation

By Amit Chowdhry ● Yesterday at 8:13 AM

Portillo's announced the appointment of Christopher Hansen as Executive Chef and Senior Director of Culinary Innovation, a role in which he will oversee all aspects of culinary strategy and menu innovation for the fast-casual chain. Hansen most recently served as Head of U.S. Culinary at Guzman y Gomez, where he led culinary strategy, menu innovation, and brand positioning.

Aton Announces C$4 Million Private Placement

By Amit Chowdhry ● Yesterday at 8:10 AM

Aton Resources announced a non-brokered private placement to raise C$4 million through the issuance of 7,619,048 common shares at a price of C$0.525 per share. Proceeds from the placement will support further exploration and development activities at Aton's Hamama project as well as general and administrative expenses.

Hamilton Lane Board Elects Michael Schmertzler As New Independent Director

By Amit Chowdhry ● Yesterday at 8:08 AM

Hamilton Lane announced that its Board of Directors elected Michael Schmertzler as a new independent director, effective July 22, 2026, marking the fifth independent director named to the board alongside the firm's three executive directors.

Sierra Acquires Takeoff, Building Long-Horizon Agent Platform Called Horizon

By Amit Chowdhry ● Yesterday at 8:07 AM

Sierra announced it is acquiring Takeoff, a company that has grown from $0 in annual recurring revenue at the start of the year to nearly eight figures in revenue as of earlier this month. Financial terms of the transaction were not disclosed. Together, the two companies are building a new platform called Horizon.

United Therapeutics Appoints Victor Dzau To Its Board Of Directors

By Amit Chowdhry ● Yesterday at 8:06 AM

United Therapeutics announced that its Board of Directors appointed Victor Dzau, M.D., to the board on July 22, 2026. Dr. Dzau recently completed a 12-year tenure as President of the National Academy of Medicine, with his term expiring at the end of June 2026, and in July 2026 he returned to Duke University as James B. Duke Distinguished Professor of Medicine, Chancellor Emeritus for Health Affairs, and Director of the Mandel Center.

Gesa Credit Union To Acquire Willamette Valley Bank

By Amit Chowdhry ● Yesterday at 7:58 AM

Gesa Credit Union and Willamette Valley Bank, together with the bank's parent company, Oregon Bancorp, Inc., announced a definitive agreement under which Gesa will acquire the Salem, Oregon-based community bank in an all-cash transaction. Gesa would acquire substantially all of Willamette Valley Bank's assets and assume substantially all of its liabilities. The deal was unanimously approved by the boards of all three organizations and remains subject to regulatory approval and approval by Oregon Bancorp shareholders, who are expected to receive an estimated $43.00 to $45.00 per share. The deal is expected to close in the first half of 2027.

Tikva Allocell Closes $8 Million Series A Financing For EBV-Specific T-Cell Therapy

By Amit Chowdhry ● Yesterday at 7:55 AM

Tikva Allocell, a biotechnology company developing engineered, allogeneic cell therapies for solid tumors, announced the closing of an $8 million Series A financing led by Kantharos Capital. Proceeds will fund activities required to enable an Investigational New Drug application and support a planned year-end 2026 IND submission for TAVST01, the company's lead candidate targeting B7-H3-positive solid tumors.

Crystalys Therapeutics Announces $130 Million Series B Financing To Advance Gout Treatment Dotinurad

By Amit Chowdhry ● Yesterday at 7:55 AM

Crystalys Therapeutics Inc. announced the closing of an oversubscribed $130 million Series B financing to support late-stage global clinical development and commercialization preparation of dotinurad, a next-generation, once-daily, oral URAT1 inhibitor for the treatment of gout. The round was led by Frazier Life Sciences, with participation from Wellington Management, HBM Healthcare Investments, Soleus Capital, Cormorant Asset Management, Trails Edge Capital Partners, Pivotal bioVenture Partners, KCap Biotechnology Fund, and a group of existing investors including Novo Holdings and SR One.

StrongestLayer Reaches $9.3 Million In Total Seed Funding To Address AI-Era Email Attacks

By Amit Chowdhry ● Yesterday at 7:55 AM

StrongestLayer, an AI-native email security company, announced it has raised $4.1 million in new funding, bringing its total seed funding to $9.3 million. The round was led by Inovia Capital, with participation from existing investor Sorenson Capital and new investors LaunchPod, Alumni Ventures, and Chris Key, former Chief Product Officer of Mandiant. The company said production deployments have grown more than eightfold over the past year, and the new capital will support go-to-market investment, platform expansion, and preparation for a planned Series A.