Archives

Wordsmith Raises $70 Million Series B To Build Operating Platform For In-House Legal Teams

By Amit Chowdhry ● Jun 7, 2026

Wordsmith has announced a $70 million Series B funding round, bringing its total funding to $100 million. The London and U.S.-based legal operations platform said revenue has grown more than 14 times over the past 12 months, with more than 500 companies now running on its platform. The company is building what it describes as the system in-house legal teams have never had — a centralized inbox where requests come in from across the business, get handled by AI workers, and land with the legal team ready to review.

Triton Partners To Acquire Mechanical Drive Technology Leader Flender From Carlyle

By Amit Chowdhry ● Jun 7, 2026

Global investment firm Carlyle has announced an agreement to sell Flender, a global market leader in mechanical drive technology, to Triton Fund 6 advised by Triton Partners. Financial terms of the transaction were not disclosed. The deal is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2026.

Perplexity Announces First Hybrid Local-Server Inference Orchestrator For Personal Computer

By Amit Chowdhry ● Jun 7, 2026

Perplexity has announced the next step for its Personal Computer platform: the first hybrid local-server inference orchestrator, designed to automatically route AI workloads between a user's local device and cloud-based agents based on the nature of each task. The feature, developed in partnership with Intel and compatible with NVIDIA's RTX Spark and other local silicon, is set to arrive in July and represents what Perplexity describes as the first product to make hybrid AI a practical reality rather than an industry ambition.

RLH Equity Partners Portfolio Company MCA Connect To Be Acquired By Grant Thornton

By Amit Chowdhry ● Jun 7, 2026

RLH Equity Partners has announced the signing of a definitive agreement under which its portfolio company MCA Connect will be acquired by Grant Thornton Advisors LLC. MCA Connect is a premier consulting and technology services provider specializing in digital transformation solutions for manufacturing and distribution enterprises. The transaction is expected to close early in the third quarter of 2026, subject to customary closing conditions. Financial terms were not disclosed.

AtNorth Expands To Norway With 350MW Mega Data Center Site In Haugaland

By Amit Chowdhry ● Jun 7, 2026

AtNorth, the leading Nordic high-density colocation and built-to-suit data center provider, has announced its expansion into Norway with the acquisition of land for a mega data center site in Haugaland. The announcement marks a significant milestone for the company, establishing its footprint across all Nordic countries. The 36-hectare plot within Haugaland Business Park will house NOR01, atNorth's planned Norwegian facility, designed to support high-density workloads and hyperscale deployments with an initial capacity of 120MW and a pathway to scale to 350MW.

Terra AI Raises $20 Million Series A To Accelerate Critical Mineral And Energy Exploration

By Amit Chowdhry ● Jun 7, 2026

Terra AI, the artificial intelligence platform helping solve subsurface uncertainty for mineral and energy development, has announced a $20 million Series A led by Khosla Ventures, with a strategic investment from BHP Ventures. The capital will accelerate deployment of Terra AI's generative geological modeling platform across mining, enhanced geothermal, and carbon storage applications. The company is also backed by Rio Tinto and other strategic investors.

Burnham Park Capital Markets Launches As Chicago-Headquartered Full-Service Investment Bank

By Amit Chowdhry ● Jun 7, 2026

Burnham Park Capital Markets has announced its official launch as a vertically integrated, tech-enabled investment bank headquartered in Chicago, backed by FINRA member firm Kingswood Capital Partners LLC. The firm is consolidating more than five specialized financial services firms into a single, cohesive platform, providing clients with institutional-grade access to global trading, research, corporate access, and cross-border advisory services across the full capital markets spectrum.

SGS Acquires CMIC To Expand Bioanalytical Testing Capabilities In North America

By Amit Chowdhry ● Jun 7, 2026

SGS, the world's leading testing, inspection, and certification company, has announced the acquisition of CMIC, INC., a specialized provider of bioanalytical testing services based in Chicago, Illinois. The deal marks SGS's second U.S.-based bioanalytical testing acquisition in as many months and advances the company's Strategy 27 objective to double North American sales between 2023 and 2027. Financial terms were not disclosed.

Voya Investment Management Launches Multi-Manager Alternative CITs For Defined Contribution Retirement Plans

By Amit Chowdhry ● Jun 7, 2026

Voya Investment Management has announced the launch of two new multi-manager collective investment trusts designed for defined contribution retirement plans: V-ALT Multi-Manager Alternative Fixed Income and V-ALT Multi-Manager Alternative Equity. The CITs will initially be available through advisor managed accounts on Voya's Retirement platform, with Global Trust Company serving as Trustee. The launch brings together well-known alternative managers within a single CIT structure, helping reduce manager concentration risk and return dispersion while combining scale, investment expertise, and differentiated strategies largely unavailable in traditional public-only portfolios.

Ambienta Appoints Jérôme Losson As Partner And Head Of Portfolio Operations To Strengthen Value Creation

By Amit Chowdhry ● Jun 7, 2026

Ambienta SGR, one of Europe's leading asset managers focused on environmental sustainability, has announced the appointment of Jérôme Losson as Partner and Head of Portfolio Operations, Private Equity. The hire is designed to strengthen Ambienta's value creation capabilities across its private equity portfolio as the firm evolves toward what it describes as a "Portfolio Management 2.0" approach — more integrated, data-driven, and focused on scaling performance across an increasingly complex and growing platform.

EQT Real Estate Acquires Six UK Logistics Assets Totaling 1.6 Million Square Feet From Tritax Big Box REIT

By Amit Chowdhry ● Jun 7, 2026

EQT Real Estate has announced that the EQT Real Estate Europe Logistics Value Fund V has acquired a portfolio of six logistics assets totaling approximately 1.6 million square feet from Tritax Big Box REIT plc. The portfolio spans Leamington Spa, Didcot, Peterborough, and Kettering, situated across the West Midlands, East Midlands, and South East of the UK. Financial terms were not disclosed.

Speed Bay Warehouse Solutions Launches With $250 Million Commitment From BDT & MSD Partners

By Amit Chowdhry ● Jun 7, 2026

Black Creek Group co-founders Evan Zucker and Jimmy Mulvihill have announced the launch of Speed Bay Warehouse Solutions, a vertically integrated real estate investment and operating platform focused exclusively on shallow bay, multi-tenant light industrial properties. A subsidiary of BDT & MSD Partners has committed $250 million in strategic capital alongside $100 million from Speed Bay's founders. To date, Speed Bay has acquired or has under control approximately 2.7 million square feet across six high-growth markets including Phoenix, Dallas/Fort Worth, Tampa, Denver, Orlando, and Philadelphia, with an actionable investment pipeline of over $1 billion.

Peak Rock Capital Acquires Scottish Food Ingredients Manufacturer Dalziel In Partnership With Founding Families

By Amit Chowdhry ● Jun 7, 2026

An affiliate of Peak Rock Capital has completed the acquisition of J.R. Dalziel Limited, a leading manufacturer and distributor of savory flavors, seasonings, meat solutions, and sundries to the food industry, in partnership with the Dalziel, Darroch, and Dickens families and the company's management team. The founding families will continue as meaningful shareholders in the business following the transaction. Financial terms were not disclosed.

KNAV Secures Follow-On Investment From NKSquared To Accelerate International Acquisitions And Global Expansion

By Amit Chowdhry ● Jun 7, 2026

KNAV, a global accounting and advisory firm delivering integrated services across assurance, tax, and advisory, has announced a follow-on investment from NKSquared, the U.S.-based investment firm of entrepreneur and investor Nikhil Kamath. Financial terms were not disclosed. The capital will be deployed primarily toward international acquisitions to expand into new markets, including Australia, alongside continued organic growth, investment in talent, leadership development, and training across the firm's global teams. A portion will also support KNAV's ongoing automation and AI deployment across its service lines.

WTW Acquires Redefind To Strengthen Digital Asset And Crypto Insurance Offering

By Amit Chowdhry ● Jun 7, 2026

WTW has announced the acquisition of Redefind, an end-to-end web-based platform designed to facilitate access to insurance products for crypto and digital assets. The acquisition reflects WTW's long-term strategy to expand into next-generation protection solutions for clients exposed to digital finance, crypto ecosystems, and tokenized asset environments. Financial terms were not disclosed. As part of the transaction, Redefind's founders Richard Daws and Connor Edward joined Willis upon completion of the deal.

Orange Signs €20.35 Billion Joint Agreement To Acquire SFR In Transformational French Telecom Consolidation

By Amit Chowdhry ● Jun 7, 2026

Orange has announced a joint agreement to acquire SFR, France's second-largest telecommunications operator, in a transformational transaction that will significantly reinforce Orange's leadership position in the French market and across Europe. Orange's share of the total enterprise value of 20.35 billion euros amounts to approximately 5.6 billion euros, representing roughly 27% of the total, subject to closing adjustments. The signing of definitive legal documentation is expected in the second half of 2026, with completion potentially occurring in the second half of 2027 following required regulatory approvals, including from competition authorities.

Forage Raises $40 Million Series B To Scale EBT Payments Infrastructure And Consumer Savings App

By Amit Chowdhry ● Jun 7, 2026

Forage, the mission-driven financial infrastructure platform modernizing the payments ecosystem behind government benefit programs, has announced a $40 million Series B funding round led by Mouro Capital, with participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, Intuit Ventures, NextLadder Ventures, Pivotal Ventures, and FJ Labs.

HAGA.BIO Raises $2.3 Million Seed Round To Commercialize RNA Detection Technology

By Amit Chowdhry ● Jun 7, 2026

HAGA.BIO announced the successful closing of a $2.3 million seed financing round as the company advances commercialization of its spatial biology technologies and expands development of its RNA detection platform.

Radley Health Closes $3 Million Seed Round To Expand Peer-Driven Mental Health Care Into Georgia

By Amit Chowdhry ● Jun 7, 2026

Radley Health, a mission-driven behavioral health company focused on serving adults living with serious mental illness, has announced the successful close of a $3 million seed funding round. The round includes participation from Aurora Forge, Jackson Healthcare, Peg's Foundation, and several prominent family offices, joining existing investor CareSource. The capital will support expansion of Radley's peer workforce, deepening of healthcare provider partnerships, enhancement of its technology platform, and launch of operations in Georgia and additional states.

Uncover Raises $16 Million Series A To Expand Latin America’s Leading Media Measurement Platform Into The U.S.

By Amit Chowdhry ● Jun 7, 2026

Uncover, Latin America's leading Marketing Mix Modeling and media measurement platform, has announced a $16 million Series A led by Cloud9 Capital, with participation from ABSeed Ventures and Endeavor. The São Paulo-based company, which is already profitable, will use the funding to accelerate its expansion into the U.S. market. The round also brings three new strategic board members: Pedro Reiss, former CEO of Wunderman Thompson Brazil; Celso Ribeiro, former CEO of BR Media; and Guilherme Bressane, a former executive at Itaú and Google.

Coralogix Raises $200 Million Series F To Scale AI-Native Observability Platform

By Amit Chowdhry ● Jun 7, 2026

Coralogix, the data and AI platform for observability, has announced a $200 million Series F funding round co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital. The raise brings total funding in Coralogix to $550 million and follows the company's $115 million Series E in 2025. The capital will be used to accelerate AI-native observability capabilities, expand its telemetry data infrastructure, and scale global enterprise adoption as organizations modernize beyond legacy monitoring tools.

Neo4j Acquires GraphAware To Launch Open-Standards Intelligence Analysis Alternative To Palantir Gotham

By Amit Chowdhry ● Jun 7, 2026

Neo4j, the world's leading graph intelligence platform, has announced an agreement to acquire GraphAware, an intelligence analysis software company serving government agencies. The acquisition will launch a new generation of AI-powered, graph technology solutions based on open standards as a proven and trusted alternative to Palantir Gotham, and marks a key milestone in Neo4j's $100 million AI investment roadmap. Financial terms were not disclosed.

Johnson & Johnson Phase 2 Study Shows Nipocalimab Significantly Reduced Lupus Disease Activity Through 52 Weeks

By Amit Chowdhry ● Jun 7, 2026

Johnson & Johnson has announced that nipocalimab met the primary endpoint of the Phase 2 JASMINE study, demonstrating significant reduction of systemic lupus erythematosus disease activity at 24 weeks and sustained results through 52 weeks in adults with moderate-to-severe SLE. The findings were presented as a late-breaking result at the European Alliance of Associations for Rheumatology 2026 Congress in London, marking the first clinical demonstration of efficacy for FcRn blockade in SLE.

Betterware De México Completes $250 Million Acquisition Of Tupperware’s Latin American Operations

By Amit Chowdhry ● Jun 7, 2026

Betterware de México, S.A.P.I. de C.V., operating as BeFra, has announced the successful completion of its acquisition of 100% of the Tupperware brand's operating assets in Latin America, primarily in Mexico and Brazil, along with a perpetual, royalty-free, and exclusive license to the Tupperware brand across the entire Latin American region. The transaction closed following receipt of all required regulatory approvals including clearance from Mexico's antitrust authority and BeFra shareholder approval.

Apollo Funds Complete Sale Of Pan-Asian Aluminum Packaging Company ALTEMIRA To MBK Partners

By Amit Chowdhry ● Jun 7, 2026

Apollo has announced that Apollo-managed funds have completed the sale of their interest in ALTEMIRA Holdings Co., Ltd., a leading pan-Asian aluminum packaging company, to funds managed by MBK Partners. Financial terms of the transaction were not disclosed.

Duos Technologies Receives $50.4 Million From Sale Of New APR Energy Assets

By Amit Chowdhry ● Jun 7, 2026

Duos Technologies Group has announced the receipt of approximately $50.4 million in proceeds from the sale of substantially all the assets of New APR Energy.

Soltis Investment Advisors Acquires Artifex Financial Group To Expand Midwest Presence

By Amit Chowdhry ● Jun 7, 2026

Soltis Investment Advisors, a registered investment adviser with approximately $14 billion in client assets, has announced the acquisition of Artifex Financial Group, a financial planning and wealth management firm based in Dayton, Ohio. The deal adds three Ohio offices and an additional servicing team to Soltis' growing national platform, strengthening its geographic footprint across the Midwest. Financial terms were not disclosed.

Huron Acquires RelateCare To Strengthen AI-Powered Patient Access And Care Coordination Capabilities

By Amit Chowdhry ● Jun 7, 2026

Huron, a global professional services firm, has announced the acquisition of RelateCare, a leading provider of AI-enabled clinical and patient access solutions. The acquisition strengthens Huron's ability to deliver comprehensive healthcare managed services to improve patient access and facilitate care coordination across health systems. Financial terms of the transaction were not disclosed. For reporting purposes, RelateCare will be included in Huron's Healthcare operating segment within its consulting and managed services capability.

Upstream Raises $3 Million To Rebuild Email As A Native Surface For AI Agents

By Amit Chowdhry ● Jun 7, 2026

Upstream, backed by Y Combinator, has raised $3 million to rebuild email from the ground up for the age of AI agents. The company, founded by Louis Lecat and Jonathan Tiret, has entered general availability after months in an invite-only beta, with thousands of users already running the platform and many reporting average savings of 2 hours per day.

Flok Health Raises $12.5 Million Series A To Scale Autonomous AI Healthcare Delivery Platform

By Amit Chowdhry ● Jun 7, 2026

Flok Health has announced a $12.5 million Series A funding round led by AlbionVC, with participation from Mercia Ventures and existing backers Eka Ventures and Form Ventures. The UK-based company has built what it describes as the first and only AI platform in Europe approved for fully autonomous end-to-end healthcare delivery direct to patients, addressing what it calls the biggest problem in healthcare: a supply-demand mismatch between the volume of care needed and the availability of clinical labor to deliver it.