Archives

ASSA ABLOY To Sell HID PKI Business Unit To Vista Equity Partners

By Amit Chowdhry ● Oct 19, 2026

ASSA ABLOY has signed an agreement to sell HID's Public Key Infrastructure business unit to Vista Equity Partners, transferring a digital-identity and certificate-management business that generated approximately $58 million in sales in 2025.

Arity To Acquire INRIX To Combine Driving Behavior And Transportation Intelligence

By Amit Chowdhry ● Oct 19, 2026

Arity, a subsidiary of The Allstate Corporation, has agreed to acquire substantially all of the assets of INRIX, a provider of transportation intelligence and mobility analytics. The transaction is expected to close in 2026, subject to customary closing conditions.

Parkview Health To Acquire Ovation Healthcare To Expand Shared Services For Community Hospitals

By Amit Chowdhry ● Oct 19, 2026

Parkview Health has signed an agreement to acquire Ovation Healthcare, a provider of shared services designed to improve the operational and financial performance of hospitals, health systems, and physician practices across the United States.

Epicrispr Biotechnologies Receives $8 Million CIRM Grant To Advance EPI-321 For FSHD

By Amit Chowdhry ● Oct 19, 2026

Epicrispr Biotechnologies has been awarded an $8 million grant from the California Institute for Regenerative Medicine to support the ongoing first-in-human Phase 1/2 clinical trial of EPI-321, its investigational epigenetic therapy for facioscapulohumeral muscular dystrophy, or FSHD.

L3Harris Receives $33.1 Million Space Force Contract Modification, Raising Total Value To $1.53 Billion

By Amit Chowdhry ● Oct 19, 2026

L3Harris Technologies has received a $33.1 million contract modification from the U.S. Space Force for the Unified Messaging System effort, increasing the cumulative value of the contract to approximately $1.527 billion.

KORT Payments To Acquire AptPay To Expand Real-Time Payments Across North America

By Amit Chowdhry ● Oct 19, 2026

KORT Payments has entered into a definitive agreement to acquire 100% of AptPay, expanding the company's omnichannel payments platform into real-time account-to-account payments, disbursements, and payment orchestration across North America.

Cardinal Infrastructure Group Revises $357.5 Million Hughes Brothers Acquisition Terms

By Amit Chowdhry ● Oct 19, 2026

Cardinal Infrastructure Group has entered into an amended agreement for its planned acquisition of Hughes Brothers Construction, maintaining the $357.5 million base purchase price while changing the mix of consideration to 60% cash and 40% Cardinal Class A common stock from an earlier 50-50 split.

Nuveen Private Capital Surpasses $100 Billion In Committed Capital

By Amit Chowdhry ● Oct 19, 2026

Nuveen Private Capital has surpassed $100 billion in committed capital, reaching the milestone roughly three years after the platform was established through the combination of Churchill Asset Management and Arcmont Asset Management.

Huntington Ingalls Receives $99.1 Million Navy Contract Modification For DDG 1002 Sea Trials

By Amit Chowdhry ● Oct 19, 2026

Huntington Ingalls Inc. has received a $99.1 million modification to a previously awarded U.S. Navy contract to support sea trials associated with DDG 1002.

Ruane Cunniff Launches $6.6 Billion Sequoia ETF After Reorganizing Legacy Fund And Accounts

By Amit Chowdhry ● Oct 19, 2026

Ruane Cunniff has launched the Sequoia ETF, a roughly $6.6 billion actively managed exchange-traded fund that combines the legacy Sequoia Fund with the majority of the firm's taxable separate accounts. The new vehicle trades under the ticker SEQ and represents a major structural change for a strategy with more than five decades of history.

BayMark Health Services Completes Lender Transaction To Strengthen Balance Sheet And Fund Growth

By Amit Chowdhry ● Oct 19, 2026

BayMark Health Services has completed a strategic transaction with its existing lenders that materially strengthens the company's balance sheet and provides additional growth capital. The transaction received unanimous support across BayMark's capital structure and is intended to create a more stable financial foundation for continued investment in addiction-treatment services.

Arlington Capital Partners Acquires Gooch & Housego To Expand Advanced Photonics Platform

By Amit Chowdhry ● Oct 19, 2026

Arlington Capital Partners has completed its acquisition of Gooch & Housego, or G&H, taking the advanced photonics and optical technology company private and providing additional capital to support its expansion across aerospace and defense, industrial, and life sciences markets.

Boeing Awarded Up To $80 Million Navy Contract For MQ-25A Stingray System Improvements

By Amit Chowdhry ● Oct 19, 2026

Boeing has been awarded a U.S. Navy contract with a maximum value of $80 million to support continued development, integration, production readiness, and sustainment of the MQ-25A Stingray unmanned aircraft system.

Arthur J. Gallagher Acquires Intelligent Communications Experiences In Australia

By Amit Chowdhry ● Oct 19, 2026

Arthur J. Gallagher & Co. has acquired Intelligent Communications Experiences, a Melbourne, Victoria-based consulting business that helps organizations develop and deliver digital employee communications. The acquisition expands Gallagher's employee-communications capabilities in Australia and New Zealand.

High Lander Reaches $30 Million In Funding To Accelerate U.S. Defense And Homeland Security Expansion

By Amit Chowdhry ● Oct 19, 2026

High Lander has reached $30 million in total funding as the autonomous aviation software company expands in the United States and increases its focus on defense, homeland security, and other dual-use applications.

EnCap Investments Closes $3.5 Billion Minerals Continuation Vehicle For Permian Basin Assets

By Amit Chowdhry ● Oct 19, 2026

EnCap Investments has closed a continuation vehicle with approximately $3.5 billion in capital commitments for EnCap Minerals and Rock River Minerals, giving the firm and its partners additional time to retain exposure to a large portfolio of Permian Basin mineral and royalty interests.

Leidos Awarded $318 Million Defense Health Agency Contract For MHS GENESIS Support

By Amit Chowdhry ● Oct 19, 2026

Leidos has been awarded a $317,986,855 firm-fixed-price contract by the Defense Health Agency to provide system reintegration, software licensing, and hosting services for MHS GENESIS, the Department of Defense's electronic health record system.

Dykema Adds Jasper Mason And Warren B. Wise To Houston Office

By Amit Chowdhry ● Oct 19, 2026

Dykema has expanded its Houston office with the addition of Jasper Mason and Warren B. Wise, each joining the national law firm as Senior Counsel.

New Private Equity Invests In ONE Group Solutions To Build Data-Driven Fund Governance Platform

By Amit Chowdhry ● Oct 19, 2026

New Private Equity has completed a significant minority investment in ONE group solutions, a Luxembourg-headquartered provider of third-party fund management company and governance services to asset managers. ONE's founders and management team will retain a substantial ownership stake, and CEO Steve Bernat will continue leading the business.

GoPro Files Preliminary Proxy As Proposed Starman Optical Merger Moves Toward Closing

By Amit Chowdhry ● Oct 19, 2026

GoPro has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its previously announced proposed merger with Starman Optical. Both companies said they remain committed to completing the transaction on the previously announced terms and are working through the remaining closing steps.

Williams Safety & Rescue Acquires Frandson Safety To Expand Rocky Mountain Operations

By Amit Chowdhry ● Oct 19, 2026

Williams Safety & Rescue has completed the acquisition of Frandson Safety, expanding its Rocky Mountain footprint with offices in Worland and Gillette, Wyoming. The transaction brings Frandson's local team, customer relationships, and more than 25 years of operating history into Williams Safety & Rescue.

Lockheed Martin Secures More Than $226 Million In Defense Contracts For Apache, Electronic Warfare, And F-35 Programs

By Amit Chowdhry ● Oct 19, 2026

Lockheed Martin has received four U.S. Department of Defense contract awards and modifications with a combined value of more than $226 million, supporting Apache attack helicopters, naval electronic warfare systems, and multiple F-35 programs.

Kapital To Acquire Woz For $30 Million To Expand AI-Native Banking Platform

By Amit Chowdhry ● Oct 19, 2026

Kapital has agreed to acquire Woz, a Y Combinator-backed artificial intelligence startup, in a $30 million cash-and-stock transaction. The deal will bring Woz's engineering team and coding-agent technology into Kapital's AI-native banking platform as the financial technology company expands products for business and financial operations.

System One Acquires GMP To Expand Critical Infrastructure Project Planning And Consulting

By Amit Chowdhry ● Oct 19, 2026

System One has acquired Global Management Partners, a provider of capital project planning and consulting services, expanding its critical infrastructure capabilities across data centers, advanced manufacturing, energy and energy transition, and process and industrial markets.

Net Health Names Ron Books As Executive Chairman And Patrick Rooney As Interim CEO

By Amit Chowdhry ● Oct 19, 2026

Net Health has announced a leadership transition: Ron Books is moving from chief executive officer to executive chairman of the board, and Chief Operating Officer Patrick Rooney has been named interim CEO. Donna Morea, who previously served as chair, will remain on the board as a director.

BAE Systems Awarded Navy Contract Valued Up To $106.8 Million For USS Thomas Hudner Modernization

By Amit Chowdhry ● Oct 19, 2026

BAE Systems Maritime Solutions Jacksonville has received a U.S. Navy contract for maintenance, modernization, and repair work on the USS Thomas Hudner (DDG 116) as part of the ship's fiscal 2027 Docking Restricted Availability.

NexTech Solutions Acquires Halcyon Days Consulting To Expand Combat-Tested Tactical Networks

By Amit Chowdhry ● Oct 19, 2026

NexTech Solutions has acquired Halcyon Days Consulting, adding more than 90 engineers, operators, and mission specialists to its defense technology platform. The acquisition expands NTS's tactical networking capabilities for U.S. military, allied, and government customers operating in contested and communications-challenged environments.

Wood Smith Henning & Berman Forms MSO With Strategic Investment From Charlesbank Capital Partners

By Amit Chowdhry ● Oct 19, 2026

Wood Smith Henning & Berman has formed WSHB Support Services, a management services organization that will provide non-legal operational infrastructure to the national trial firm, supported by a strategic investment from Charlesbank Capital Partners. WSHB will remain an independent law firm, and its lawyers will retain sole authority over legal practice and client matters.

Scorpion Acquires Coalmarch Marketing To Expand Pest Control And Lawn Care Platform

By Amit Chowdhry ● Oct 19, 2026

Scorpion has acquired Coalmarch Marketing, a Raleigh, North Carolina-based digital marketing agency focused on the pest-control and lawn-care industries. The transaction brings Coalmarch's employees, client relationships, and more than two decades of vertical-specific marketing experience into Scorpion's platform.

Johns Hopkins Applied Physics Laboratory Awarded DARPA Contract Worth Up To $499.8 Million

By Amit Chowdhry ● Oct 19, 2026

The Johns Hopkins University Applied Physics Laboratory University Affiliated Research Center has been awarded a Defense Advanced Research Projects Agency contract with a $499.8 million ceiling for engineering, development, and research services.