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Nexus IT Acquires TecServ As 11th Deal To Expand Industrial Technology Services

By Amit Chowdhry ● Jun 2, 2026

Nexus IT announced the acquisition of TecServ Inc., a Salt Lake City-based industrial technology services firm, marking the company's 11th acquisition as it continues its effort to become one of the top 10 managed service providers (MSPs) and managed security service providers (MSSPs) in the United States.

Microsoft Unveils Wave Of AI Tools And Platforms At Build 2026

By Amit Chowdhry ● Jun 2, 2026

Microsoft used its Build 2026 developer conference in San Francisco to announce a sweeping set of artificial intelligence products and platforms, signaling the company's most aggressive push yet into the agentic AI era. The announcements spanned in-house AI models, new search infrastructure for AI agents, an AI behavior testing framework, a next-generation device platform, and an always-on personal work agent, collectively painting a picture of a company repositioning itself from a software provider to an AI-native enterprise.

SupplyOne Acquires Compass Packaging Solutions To Expand New England Presence

By Amit Chowdhry ● Jun 2, 2026

SupplyOne announced the acquisition of Compass Packaging Solutions, a Massachusetts-based packaging solutions provider, strengthening its footprint in New England and expanding its capabilities in protective packaging, warehousing, fulfillment, and distribution services.

Velosio Acquires Domain 6 To Strengthen Enterprise Microsoft Consulting Capabilities

By Amit Chowdhry ● Jun 2, 2026

Velosio announced the acquisition of Domain 6, a Microsoft-focused consultancy known for its enterprise expertise and industry specialization. The deal is designed to strengthen Velosio’s enterprise capabilities, deepen its alignment within the Microsoft ecosystem, and support the company’s long-term growth strategy.

V2 Jets Acquires Corporate Aviation To Expand Advisor Network And Accelerate Growth

By Amit Chowdhry ● Jun 2, 2026

V2 Jets, a private aviation charter company known for its advisor-driven approach to private travel, announced the acquisition of Corporate Aviation, a charter brokerage with an established client base and experienced aviation advisors. The acquisition represents a key milestone in V2 Jets’ growth strategy and strengthens the company’s position within the private aviation market.

Metatron Private Equity Acquires Green Circuits Following Launch By Reichmann Segal Capital Partners

By Amit Chowdhry ● Jun 2, 2026

Reichmann Segal Capital Partners announced the formation of Metatron Private Equity, a new investment platform established by Charles Reichmann and Jarrad Segal to make strategic investments in businesses with strong operational foundations and long-term growth potential across North America.

Veritas Aortic Solutions Raises $12 Million To Advance Non-Surgical Treatment For Aortic Root And Ascending Aortic Diseases

By Amit Chowdhry ● Jun 2, 2026

Veritas Aortic Solutions, a medical device company spun out of inQB8 Medical Technologies, announced the closing of a $12 million seed financing round to support the development of its Veritas Transcatheter Valved Aortic Root Conduit (TVARC), a non-surgical treatment designed for patients with aortic root and ascending aortic diseases.

Marvell Could Be The Next Trillion-Dollar Company, Says Nvidia CEO Jensen Huang

By Amit Chowdhry ● Jun 2, 2026

Shares of Marvell Technology surged today after Jensen Huang described the company as the “next trillion-dollar company” during an appearance with Marvell CEO Matt Murphy at Computex in Taipei. The comments sparked a sharp rally in Marvell's stock, pushing its market capitalization to roughly $230 billion to $240 billion and adding tens of billions of dollars in market value in a single trading session.

CardsHQ Raises Strategic Growth Investment And Merges With Sports Card Investor

By Amit Chowdhry ● Jun 2, 2026

CardsHQ and Sports Card Investor announced a strategic growth investment led by Shamrock Capital, with participation from EnOne Ventures, and revealed that the two businesses will combine under the CardsHQ brand. The transaction creates what the company describes as the largest commerce, media, and technology platform focused on the sports card and trading card game (TCG) ecosystem.

Laverock Therapeutics Awarded Over £2.2 Million To Advance AI-Based Gene-Control Platform

By Amit Chowdhry ● Jun 2, 2026

Laverock Therapeutics, a biotechnology company developing disease-responsive advanced therapies through its programmable gene-control technology, announced that it has been awarded two innovation grants totaling more than £2.2 million. The non-dilutive funding will support the next generation of the company’s gene-control platform and help expand its therapeutic pipeline into areas beyond oncology.

EQT: €21 Billion Target Set for Infrastructure VII Fund

By Amit Chowdhry ● Jun 2, 2026

EQT announced that it has established a target fund size of €21 billion (approximately $24.5 billion) for its next infrastructure investment vehicle, EQT Infrastructure VII.

TIC Solutions Reprices $1.6 Billion First Lien Term Loan, Cuts Interest Costs

By Amit Chowdhry ● Jun 2, 2026

TIC Solutions announced that it has successfully completed the repricing of its approximately $1.6 billion First Lien Term Loan, lowering its borrowing costs while maintaining the existing maturity schedule and key credit agreement terms.

TaoWeave Invests $1 Million In Manako Labs To Expand Into Physical AI

By Amit Chowdhry ● Jun 2, 2026

TaoWeave announced its entry into the Physical AI market through an investment in Manako Labs and a preferred commercialization partnership covering North America. The move represents TaoWeave’s first operating investment in artificial intelligence and broadens the company’s strategy beyond digital asset treasury activities into AI deployment, commercialization, and recurring operating revenue.

Athennian Launches AI-Governed Platform For Private Markets

By Amit Chowdhry ● Jun 2, 2026

Athennian announced the launch of Athennian for Private Markets, a purpose-built AI-governed platform designed to help alternative asset managers centralize, manage, and scale legal entity data across tax, finance, legal, compliance, investor relations, and deal teams.

Liberty Puerto Rico Raises $200 Million And Enters New Revolving Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Liberty Latin America announced that its Liberty Puerto Rico subsidiary has entered into two new financing agreements through existing unrestricted subsidiaries that are parties to its senior secured term loan credit facility maturing in 2030.

System1: Debt Exchange Transaction Cuts Total Debt By More Than $160 Million

By Amit Chowdhry ● Jun 2, 2026

System1 announced a comprehensive debt exchange transaction with all of its existing term loan and revolving credit facility lenders, significantly strengthening its balance sheet, reducing total indebtedness, and extending debt maturities through 2031.

Fried Frank Launches FundAssist AI Platform for Asset Management Practice

By Amit Chowdhry ● Jun 2, 2026

Fried Frank announced the launch of FundAssist, a proprietary AI-powered platform designed to enhance document search, drafting, and knowledge management capabilities across its asset management practice. The platform supports private fund formation, ongoing fund operations, and related transactions, reflecting the firm's broader strategy of integrating specialized artificial intelligence tools into legal services.

Corient Surpasses $500 Billion In Assets After Completing Two More Acquisitions

By Amit Chowdhry ● Jun 2, 2026

Corient announced the completion of its previously announced acquisitions of Stonehage Fleming and Stanhope Capital Group, a move that significantly expands the firm’s global footprint and positions it as the world’s largest non-bank wealth manager and multi-family office focused on ultra-high-net-worth and high-net-worth clients.

Dropbox: $900 Million Stock Repurchase Program Authorized Following New $400 Million Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Dropbox announced that it has entered into a new senior secured revolving credit facility that provides up to $400 million in borrowing capacity, while also authorizing a new $900 million share repurchase program.

Northwest Bank Names Chad Ballard As Chief Information Officer

By Amit Chowdhry ● Jun 2, 2026

Northwest Bank announced that Chad Ballard has joined the company as Chief Information Officer, effective May 18, 2026. Reporting directly to President and CEO Louis Torchio and serving as a member of the executive leadership team, Ballard will oversee the bank’s information technology strategy and operations.

Nationwide Reaches Reinsurance Agreement With MassMutual On $16 Billion Universal Life Policy Block

By Amit Chowdhry ● Jun 2, 2026

Nationwide announced that it has reached an agreement with MassMutual to reinsure a block of fixed Universal Life insurance policies covering more than 30,000 policyowners. The transaction, which is expected to close in the second quarter of 2026, has a total face value of nearly $16 billion and will increase Nationwide Financial’s reserves by $6 billion.

Kirkland & Ellis To Spend $500 Million Building Proprietary AI Technology

By Amit Chowdhry ● Jun 2, 2026

Kirkland & Ellis, the world's highest-grossing law firm, has set aside $500 million to develop its own artificial intelligence platform, signaling one of the largest AI investments made by a law firm to date. The initiative is designed to create proprietary technology that captures and deploys the firm's institutional knowledge rather than relying solely on third-party AI tools available across the legal industry.

IFF: $4.3 Billion Sale Of Food Ingredients Business To CVC Advances Portfolio Transformation

By Amit Chowdhry ● Jun 2, 2026

IFF announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners in a transaction valuing the business at approximately $4.3 billion. The deal represents an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF will retain an approximately 10% minority equity interest in the business, valued at roughly $200 million, allowing the company and its shareholders to participate in future value creation while maintaining collaboration with the Food Ingredients business.

Isabella Ghassemi-Smith: An Interview With The Head Of Aurora Ventures and the Aurora Tech Award

By Amit Chowdhry ● Jun 2, 2026

Isabella (Bella) Ghassemi-Smith is a venture capital leader and ecosystem builder who heads Aurora Ventures and the Aurora Tech Award, initiatives backed by inDrive that support and invest in women entrepreneurs in emerging markets. Pulse 2.0 interviewed Ghassemi-Smith to learn more.

AtlasEdge Raises €1.2 Billion To Accelerate European Data Center Expansion

By Amit Chowdhry ● Jun 2, 2026

AtlasEdge announced that it has secured a €1.2 billion financing facility, the largest financing in the company's history, to support the expansion of its data center platform across Europe. The funding is intended to accelerate development in high-growth digital infrastructure markets, including Germany, Austria, and the Iberian region.

Apollo.io Adds Veteran Finance Executive Phil Moon As CFO To Support Enterprise Growth

By Amit Chowdhry ● Jun 2, 2026

Apollo.io, an AI-native go-to-market platform, announced the appointment of Phil Moon as Chief Financial Officer as the company continues its rapid growth and enterprise expansion efforts.

Cyient To Acquire TAO Digital To Expand AI-Native Data And Lifecycle Engineering Capabilities

By Amit Chowdhry ● Jun 2, 2026

Cyient announced that it has entered into a definitive agreement to acquire TAO Digital Solutions, an AI-native data and product engineering solutions firm headquartered in California. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close by the second quarter of fiscal year 2027.

Amazon Using Japan’s Shinkansen Bullet Trains To Accelerate Deliveries And Reduce Emissions

By Amit Chowdhry ● Jun 2, 2026

Amazon announced that it has begun using Japan’s iconic Shinkansen bullet trains to transport packages between its facilities, a move designed to shorten delivery times while reducing carbon emissions across its transportation network.

Intel Arc G-Series Processors Set A New Standard For Handheld PC Gaming

By Amit Chowdhry ● Jun 2, 2026

Intel announced the launch of its new Arc G-Series processor family, a lineup designed specifically for next-generation handheld gaming systems. The new processors, including the Arc G3 and Arc G3 Extreme models, are built on the architecture of Intel Core Ultra Series 3, codenamed Panther Lake, and are optimized to deliver high gaming performance, power efficiency, and extended battery life in portable gaming devices.

RTL Group Closes Sky Deutschland Acquisition, Creating Entertainment Business With 12.3 Million Subscribers

By Amit Chowdhry ● Jun 2, 2026

RTL Group announced that it has completed its acquisition of Sky Deutschland (DACH), officially closing the transaction on June 1, 2026. The deal, which was first announced in June 2025, received unconditional approval from the European Commission on April 22, 2026.