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Carlyle Acquires IT Consulting Company Adastra

By Amit Chowdhry ● Jul 26, 2025

Adastra Group, a global IT consultancy specializing in AI, data, and cloud services, announced Carlyle will acquire a majority stake, pending regulatory approvals.

TSG Consumer To Buy Fragrance Brand PHLUR

By Amit Chowdhry ● Jul 26, 2025

TSG Consumer, a private equity firm, announced that it will acquire PHLUR, a modern fragrance brand recognized for its storytelling and accessibility.

Mercantile Bank And Eastern Michigan Financial Announce Merger Agreement

By Amit Chowdhry ● Jul 26, 2025

Mercantile Bank and Eastern Michigan Financial Corporation (EFIN) announced a merger valued at approximately $95.8 million, combining EFIN and its subsidiary, Eastern Michigan Bank, with Mercantile Bank. The merged entity, as of June 30, 2025, will have $6.7 billion in assets, $4.9 billion in loans, and $5.2 billion in deposits.

PNC Bank And Coinbase: Strategic Partnership For Advancing Digital Asset Solutions

By Amit Chowdhry ● Jul 26, 2025

PNC Bank partnered with Coinbase to expand access to secure digital asset solutions for clients and investors. PNC will also offer select banking services to Coinbase, showing a shared commitment to the strong digital financial system.

Circle: Adam Selipsky Appointed To Board Of Directors

By Amit Chowdhry ● Jul 26, 2025

Circle Internet Group, a global fintech and stablecoin market leader, announced the appointment of Adam Selipsky to its Board. He has over 20 years of experience in internet platform infrastructure and technology.

Echelon Fitness Buying B2B Fitness Streaming Company FORTË

By Amit Chowdhry ● Jul 25, 2025

Echelon Fitness has acquired FORTË, a B2B fitness streaming platform, rebranding it as "ELEVATE by Echelon." This enhances Echelon's ability to deliver personalized fitness content at scale and expand into SaaS and commercial markets globally.

Launch Potato: Acquisition Of Only In Your State

By Amit Chowdhry ● Jul 25, 2025

Launch Potato has acquired Only In Your State, a leading source for hyperlocal travel stories and community-driven content. Celebrating its tenth year, the page began in 2015 as an Ohio travel social media platform, now reaching over 4 million monthly readers.

goHappy: Strategic Growth Investment Raised From Pamlico Capital

By Amit Chowdhry ● Jul 25, 2025

goHappy, a provider of employee engagement tools, has received a growth investment from Pamlico Capital, a private equity firm that invests in high-growth technology and services.

White Label Communications Acquires Optichannel AI-Based Contact Center Communications Company Grupo NGN

By Amit Chowdhry ● Jul 25, 2025

White Label Communications (WLC), a leader in white-label UCaaS, CPaaS, and CCaaS, acquired Grupo NGN, a provider of AI-based contact center solutions. This boosts WLC's private-label voice offerings and enhances CCaaS capabilities, fueling growth.

Virtusa: Strategic Acquisition Of Sincera

By Amit Chowdhry ● Jul 25, 2025

Virtusa acquired Sincera Technologies, a telecom-focused digital transformation firm, to strengthen its position. Sincera's expertise in automation, network optimization, data engineering, 5G, OSS/BSS, and blue planet complements Virtusa's offerings, improving solutions for telecom and media clients.

Veralto: €20 Million Committed For Emerald’s Water Fund

By Amit Chowdhry ● Jul 25, 2025

Veralto announced a €20 million investment in Emerald Technology Ventures' €150-180 million Global Water Fund II, supporting water innovation and breakthrough technologies addressing global water challenges.

Sanofi Buying Vaccine Biotech Company Vicebio For Up To $1.6 Billion

By Amit Chowdhry ● Jul 25, 2025

Vicebio, a biopharmaceutical firm developing vaccines against respiratory viruses, announced it will be acquired by Sanofi in a deal where shareholders could receive up to $1.6 billion, including a $1.15 billion upfront and $450 million in milestone payments.

Starseer: $2 Million Seed Funding Raised For AI Exposure Management And Compliance

By Amit Chowdhry ● Jul 25, 2025

Starseer, a leader in AI Exposure Management and Compliance, secured $2 million in seed funding led by Gula Tech Adventures.

april: $38 Million Series B Secured For AI Tax Platform

By Amit Chowdhry ● Jul 25, 2025

Embedded AI tax platform april announced it has raised $38 million in Series B funding led by QED Investors, with participation from Nyca Partners and Team8, totaling $78 million.

Datapao: Investment Raised From Databricks And Euroventures

By Amit Chowdhry ● Jul 25, 2025

Datapao, a European data and AI consultancy, received strategic investment from Databricks and Euroventures to boost growth and provide generative AI through modern data platforms and training.

HPI: Acquisition Of MedCost

By Amit Chowdhry ● Jul 25, 2025

HPI, a leader in self-funded health plans, acquired MedCost, a North Carolina-based TPA and PPO network, expanding its reach, network options, and healthcare solutions for Southeast employers.

Saf.money: Funding Raised For Expanding Bitcoin And Stablecoin Money Movement Platform

By Amit Chowdhry ● Jul 25, 2025

Saf.money has closed a pre-seed round to expand its cross-border platform, utilizing Bitcoin and stablecoins.

Corpay Buying Alpha Group In $2.2 Billion Deal

By Amit Chowdhry ● Jul 25, 2025

Corpay announced that it has reached an agreement for a cash acquisition of Alpha Group, valuing Alpha at approximately $2.2 billion. Alpha provides B2B cross-border FX solutions and holds around $3 billion in deposits across 7,000 accounts.

KX Acquired By TA Associates In £570 Million Deal

By Amit Chowdhry ● Jul 25, 2025

KX, a leader in real-time, AI-driven analytics, is now majority-owned by TA Associates, which acquired FD Technologies, its parent company.

Osaic: Majority Stake Acquired In $700 Million Team Innovative Wealth

By Amit Chowdhry ● Jul 25, 2025

Osaic, a major wealth management firm, acquired a majority stake in Innovative Wealth Team, which manages about $700 million.

Accenture To Buy Maryville Consulting Group To Advance Product Operations

By Amit Chowdhry ● Jul 25, 2025

Accenture will acquire Maryville Consulting Group, a US-based tech consultancy specializing in growth strategy, digital operations, and TBM.

QinetiQ US: Scott McGleish Named As Chief Growth Officer

By Amit Chowdhry ● Jul 25, 2025

QinetiQ US named Scott McGleish as Chief Growth Officer to strengthen strategic growth across services. With 30+ years in aerospace and defense, he previously led Weibel Scientific North America, focusing on instrumentation and radar.

Juniper Square: Stephanie Miller Named As Chief Operating Officer

By Amit Chowdhry ● Jul 25, 2025

Juniper Square, a leader in connected fund software and services for private markets, today announced the appointment of Stephanie Miller as Chief Operating Officer.

CRISP Shared Services: Interview With General Counsel & Chief Privacy Officer Nichole Sweeney About The HIEs Non-Profit

By Amit Chowdhry ● Jul 25, 2025

CRISP Shared Services (CSS) is a non-profit organization that provides technology infrastructure and services to support Health Information Exchanges (HIEs) across multiple states. Pulse 2.0 interviewed CRISP Shared Services General Counsel and Chief Privacy Officer Nichole Sweeney to gain a better understanding of the non-profit.

BNY Mellon And Goldman Sachs Partner To Launch Tokenized Money Market Funds

By Amit Chowdhry ● Jul 25, 2025

BNY Mellon and Goldman Sachs launched a joint initiative to improve the transferability of Money Market Fund (MMF) shares. BNY Mellon will use Goldman Sachs' GS DAP blockchain to create a mirrored, tokenized record of MMF ownership.

Marex Group To Buy Winterflood Securities In £103.9 Million Deal

By Amit Chowdhry ● Jul 25, 2025

Marex Group plans to acquire Winterflood Securities from Close Brothers for about £103.9 million. Winterflood, a leading UK equity market maker with a market share of approximately 15%, serves over 400 institutional clients and enhances client connections through its platform.

Slingshot Reveals $93 Million In Funding And Launches Ash

By Amit Chowdhry ● Jul 25, 2025

Slingshot AI has launched Ash, the first AI specifically designed for therapy, following an extension of its Series A funding co-led by Radical Ventures and Forerunner Ventures. With a total of $93 million raised from investors like a16z, Felicis, and Menlo, Ash is now available as a free app for iOS and Android, providing personalized mental health support to smartphone users.

Legacy Brands Buying BRIX Holdings

By Amit Chowdhry ● Jul 25, 2025

BRIX Holdings, a Dallas-based multi-brand franchising company specializing in food service chains, has been acquired by Legacy Brands International, managed by Amol Kohli, a multi-unit franchisee of Friendly's Restaurants. The deal includes brands such as Friendly's, Clean Juice, Orange Leaf, Red Mango, Smoothie Factory + Kitchen, Souper Salad, and Humble Donut Co.

Provectus Algae: $12.6 Million Series A Raised For Carbon-Negative Solutions

By Amit Chowdhry ● Jul 25, 2025

Provectus Algae has secured $10.1 million in Series A financing and an additional $2.5 million in grant funding from the Australian government. At One Ventures led the investment round, with participation from Methane Mitigation, Mort & Co, and existing shareholders, including Hitachi Ventures. Tom Chi, Founding Partner of At One Ventures, will join the company's Board of Directors.

Azimut Group To Buy North Square Investments

By Amit Chowdhry ● Jul 25, 2025

North Square Investments (NSI) has agreed to be acquired by Azimut Group, a leading independent asset manager in Europe, through its U.S. subsidiary, Azimut US Holdings.