Archives

Invertix Raises €1.7 Million To Build AI Operating Layer For Energy Companies

By Amit Chowdhry ● Yesterday at 12:22 AM

Invertix has announced a €1.7 million pre-seed funding round as it seeks to transform how energy companies operate in the AI era. The company is building agentic infrastructure that enables energy firms to deploy AI agents throughout their organizations with the goal of dramatically improving operational efficiency and accelerating decision making.

Samsung Electronics: Industry-First HBM4E Samples Shipped To Advance AI Memory Performance

By Amit Chowdhry ● Yesterday at 12:21 AM

Samsung Electronics announced that it has begun shipping what it describes as the industry’s first 12-layer HBM4E (High Bandwidth Memory 4E) samples to major global customers, expanding its next-generation AI memory portfolio and strengthening its position in the rapidly growing AI infrastructure market.

Citadel Securities: $4.3 Billion Q1 Revenue Record Fueled By Market Volatility

By Amit Chowdhry ● Yesterday at 12:21 AM

Citadel Securities generated a record $4.3 billion in trading revenue during the first quarter of 2026, capitalizing on heightened market volatility that swept across global financial markets amid escalating geopolitical tensions involving Iran, according to a report by the Financial Times.

Aizy Acquires Uptmz To Expand AI-Driven Performance Marketing Platform

By Amit Chowdhry ● Yesterday at 12:19 AM

Dutch AI marketing software company Aizy has acquired fellow performance marketing software company Uptmz, creating an integrated advertising platform spanning Google, Microsoft, and Meta. The combined business now serves more than 600 customers and aims to bring together software, AI-powered optimization, automation, and strategic marketing support within a single ecosystem.

True Global Ventures Appoints Tal Elyashiv As General Partner To Expand Bay Area Presence

By Amit Chowdhry ● Yesterday at 12:18 AM

True Global Ventures (TGV), a global venture capital firm focused on backing founders building AI-first technology companies, announced the appointment of Tal Elyashiv as General Partner. The move strengthens the firm's growing presence in the United States and supports its increased focus on the San Francisco Bay Area.

Focus Partners Wealth To Acquire EverNest Financial Advisors

By Amit Chowdhry ● Yesterday at 12:17 AM

Focus Financial Partners announced that its wealth management business, Focus Partners Wealth, has entered into an agreement to acquire EverNest Financial Advisors, a transaction expected to close in the third quarter of 2026, subject to customary closing conditions.

LPL Onboards $600 Million Firm Soundview Wealth Management

By Amit Chowdhry ● Yesterday at 12:17 AM

LPL Financial announced that financial advisors Michael Stevenson, David Johnson, and Nikko Gronhovd, CFP®, of Soundview Wealth Management, LLC have joined the firm's broker-dealer and Registered Investment Advisor platform. The team joins from D.A. Davidson and reported serving approximately $600 million in advisory, brokerage, and retirement plan assets.

Carson Group Welcomes $320 Million Advisory Firm Tungsten Wealth Management To Independent Advisor Channel

By Amit Chowdhry ● Yesterday at 12:16 AM

Carson Group announced that Tungsten Wealth Management has joined the firm's independent advisor channel, expanding Carson's network of partner firms and reinforcing its position as a leading wealth advisory platform. Carson Group manages more than $58 billion in assets under management and supports more than 165 partner offices nationwide.

Portman Hospitality Fund I Acquires Westin Peachtree Plaza In Atlanta

By Amit Chowdhry ● Yesterday at 12:16 AM

Portman announced that Portman Hospitality Fund I, LP has acquired the 1,073-room Westin Peachtree Plaza in downtown Atlanta from Marriott International. The hotel will remain under Marriott’s management through a long-term agreement.

EQT And Google Cloud Partner To Accelerate AI Adoption Across 300+ Portfolio Companies

By Amit Chowdhry ● Yesterday at 12:15 AM

Global private markets firm EQT and Google Cloud announced a new partnership designed to accelerate artificial intelligence adoption across more than 300 EQT portfolio companies worldwide.

Ampersand Raises $1.5 Billion For AMP-26 Fund

By Amit Chowdhry ● Yesterday at 12:14 AM

Ampersand Capital Partners announced the closing of Ampersand 2026 Limited Partnership (AMP-26) with $1.5 billion in limited partner commitments, reaching its hard cap in a single close less than five months after launch. The fund represents Ampersand’s twelfth primary fund since 1992 and attracted commitments from a broad range of institutional investors, including endowments, foundations, pension plans, insurance companies, funds of funds, and family offices.

CoStar Buying Zonda In $800 Million Deal

By Amit Chowdhry ● Yesterday at 12:13 AM

CoStar Group announced it has entered into a definitive agreement to acquire Zonda, a leading provider of new home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash.

Lion Real Estate Group Closes $35 Million Marble Partners Fund I With 28.4% Net IRR

By Amit Chowdhry ● Yesterday at 12:13 AM

Lion Real Estate Group (LREG) announced the successful close of its first institutional fund, Marble Partners Fund I, LLC, generating a 28.4% net internal rate of return (IRR) and a 1.9x multiple for investors despite operating through one of the most challenging multifamily real estate cycles in recent history.

DevvStream, XCF Global, And Southern Energy Renewables Confirm Business Combination Remains On Track

By Amit Chowdhry ● Yesterday at 12:11 AM

DevvStream Corp., XCF Global, and Southern Energy Renewables announced that their proposed three-party business combination remains on track and that the governing Business Combination Agreement remains in full force and effect.

Ceros Financial Services Appoints Cassel Shapiro As Head Of Capital Markets

By Amit Chowdhry ● Yesterday at 12:10 AM

Ceros Financial Services, a national full-service broker-dealer focused on disruptive technologies, announced the appointment of Cassel Shapiro, CFA, as Head of Capital Markets.

Southern Glazer’s Wine & Spirits Acquires Clare Rose And Expands Long Island Distribution Network

By Amit Chowdhry ● Yesterday at 12:09 AM

Southern Glazer’s Wine & Spirits announced the successful completion of its acquisition of substantially all of the assets of Clare Rose Inc., a move that expands the company’s footprint in Long Island, New York, and advances its total beverage growth strategy.

FlexGen Expands Battery Storage And Solar Services Through CES Acquisition

By Amit Chowdhry ● Yesterday at 12:08 AM

FlexGen Power Systems announced expanded capabilities following its acquisition of Clean Energy Services (CES), which was completed in April. By integrating CES into its portfolio, FlexGen is strengthening its operational and maintenance offerings, expanding field services through a larger domestic servicing team, and enhancing support for battery storage, solar, and hybrid energy projects.

MW Components Sold In $950 Million Deal To Rosebank Industries

By Amit Chowdhry ● Yesterday at 12:07 AM

American Securities announced it has completed the sale of MW Components, a manufacturer of highly engineered specialty fasteners, springs, and precision metal components, to Rosebank Industries in a transaction valued at approximately $950 million.