Archives

Broadridge Deploys Agentic AI Across Capital Markets And Wealth Operations

By Amit Chowdhry ● May 13, 2026

Broadridge Financial Solutions announced that its agentic AI capabilities are now live in production across capital markets and wealth management workflows, enabling financial institutions to automate operational analysis, prioritization, and exception resolution at an institutional scale.

Inverness Graham: $400 Million Fifth Flagship Buyout Fund Closed

By Amit Chowdhry ● May 13, 2026

Inverness Graham announced the final closing of Inverness Graham Investments V at $400 million, expanding the firm’s lower middle market buyout platform and bringing total assets under management to more than $1.8 billion.

Wells Fargo Advisors Financial Network Welcomes Twin Harbors Private Wealth On Long Island

By Amit Chowdhry ● May 13, 2026

Wells Fargo Advisors Financial Network announced the addition of two advisor teams on Long Island that have joined from Merrill Lynch to form Twin Harbors Private Wealth.

Raymond James Onboards $515 Million Kansas City-Based Advisor Team

By Amit Chowdhry ● May 13, 2026

Raymond James Financial announced that financial advisors Peter Braun and K.C. Hosey have joined First Investments & Planning at FNBO through the company’s Financial Institutions Division (FID). The advisors will provide investment and wealth management services through Raymond James Financial Services.

Southwest Automated Security Acquires Gates and Controls

By Amit Chowdhry ● May 13, 2026

Southwest Automated Security announced the acquisition of Gates and Controls, combining two distributors focused on gate operators, access control systems, hardware, and video surveillance products. Financial terms of the acquisition were not disclosed.

World Travel Holdings: Strategic Investment Completed With Citation Capital

By Amit Chowdhry ● May 13, 2026

World Travel Holdings announced the completion of a strategic investment from Citation Capital as the travel distribution company looks to continue scaling its technology-enabled cruise and leisure travel platform. Financial terms of the transaction were not disclosed.

Outmarket AI: $17 Million Series A Raised To Power The Intelligence Era Of Insurance

By Amit Chowdhry ● May 13, 2026

Outmarket AI, an AI platform purpose-built for the insurance industry, announced it has raised $17 million in Series A funding led by Permanent Capital Ventures, with participation from SignalFire, Fika Ventures, TTV Capital, and Dash Fund. The funding brings the company’s total capital raised to $21.7 million.

IVP Names Shravan Narayen General Partner As Firm Expands AI Focus

By Amit Chowdhry ● May 13, 2026

IVP announced the promotion of Shravan Narayen to General Partner as the firm continues expanding its focus on backing product-driven technology companies shaping the AI era.

Rev1 Ventures: Startup Ecosystem Generated $718 Million Economic Impact In 2025

By Amit Chowdhry ● May 13, 2026

Rev1 Ventures announced that founders supported through its venture studio platform generated $718 million in total economic impact during 2025 despite a difficult venture capital environment for early-stage startups. The organization said the results reflect continued resilience and growth across Central Ohio’s startup ecosystem amid broader national funding challenges.

9amHealth: $26 Million Series B Raised To Expand Virtual Specialty Care

By Amit Chowdhry ● May 13, 2026

9amHealth announced a $26 million Series B financing round led by Define Ventures, with participation from SemperVirens VC, Catalio Capital Management, and NewHealth Ventures. The company said the funding will support expansion of its AI-enabled virtual specialty care platform beyond cardiometabolic care into additional chronic conditions that collectively account for up to 70% of employer pharmacy spending.

Solaris Energy Infrastructure Completes Nearly $2 Billion Financing And Expands Long-Term Power Contract

By Amit Chowdhry ● May 13, 2026

Solaris Energy Infrastructure announced the completion of nearly $2 billion in financing transactions to support the company’s continued growth in power generation and infrastructure projects. The company also disclosed an expansion of an existing long-term power contract, increasing the scale and scope of the project.

White Oak Commercial Finance Provides $25 Million Asset-Based Lending Facility To Rango

By Amit Chowdhry ● May 13, 2026

White Oak Commercial Finance announced it has provided a $25 million senior secured asset-based lending facility to Rango, Inc., a national mining services provider headquartered in Mesa, Arizona.

Autoimmunity BioSolutions Expands Seed Round To $3.1 Million To Advance Genetically Guided Autoimmune Therapy Platform

By Amit Chowdhry ● May 13, 2026

Autoimmunity BioSolutions announced the close of a $1 million seed extension financing round, bringing the company’s total seed funding to $3.1 million. The financing was anchored by Eos BioInnovation alongside participation from several family office investors focused on long-term healthcare and biotechnology investments.

FedEx Approves Spin-Off Of FedEx Freight Ahead Of June 1 Public Market Debut

By Amit Chowdhry ● May 13, 2026

FedEx announced that its board of directors has approved the previously announced separation of its freight business, paving the way for FedEx Freight to begin operating as an independent publicly traded company on June 1, 2026.

Orthopaedic Specialty Group And OrthoConnecticut Merge To Create Statewide Musculoskeletal Care Platform

By Amit Chowdhry ● May 13, 2026

Orthopaedic Specialty Group and OrthoConnecticut announced a merger that will create a physician-led musculoskeletal care platform serving patients across Connecticut. The partnership is designed to expand access to orthopedic care, strengthen clinical collaboration, and improve operational capabilities statewide.

Pro-Vision Acquires Convoy Technologies To Expand Commercial Fleet Safety And Video Solutions

By Amit Chowdhry ● May 13, 2026

Pro-Vision Solutions announced the acquisition of Convoy Technologies, a Fort Wayne, Indiana-based provider of video and vehicle safety technology for commercial fleets. Financial terms of the transaction were not disclosed.

WareSpace Expands Southern California Presence With $15.8 Million Santa Fe Springs Industrial Acquisition

By Amit Chowdhry ● May 13, 2026

WareSpace announced the acquisition of an 82,193-square-foot industrial property in Santa Fe Springs, California, for $15.8 million, expanding the company’s footprint in the Greater Los Angeles market and marking its 25th location nationwide.

Cohen & Steers Income Opportunities REIT Acquires Charlotte-Area Shopping Center

By Amit Chowdhry ● May 13, 2026

Cohen & Steers Income Opportunities REIT announced the acquisition of Winslow Bay Commons, a community shopping center located in Mooresville, North Carolina, an affluent suburb of Charlotte. The investment was completed through a programmatic joint venture with Sterling Organization.

Dwight Capital And Affiliates Surpass $294 Million In Seniors Housing Financings During Q1 2026

By Amit Chowdhry ● May 13, 2026

Dwight Capital, alongside affiliates Dwight Mortgage Trust LLC and Dwight Healthcare Funding, announced the closing of more than $294 million in seniors housing financings during the first quarter of 2026. The transactions included HUD-insured loans, bridge financings, and revolving lines of credit spanning 11 states.

Insider One Acquires Bluecore To Expand Agentic AI Customer Engagement Platform

By Amit Chowdhry ● May 13, 2026

Insider One announced the acquisition of Bluecore, a retail marketing technology provider serving more than 400 enterprise brands, including ALO Yoga, J.Crew, Sephora, Bloomingdale's, The North Face, Ralph Lauren, QVC, and Michael Kors. Financial terms of the transaction were not disclosed.

Fortify Restoration Acquires Beaches Construction To Expand Structural Restoration Platform Across Florida

By Amit Chowdhry ● May 13, 2026

Fortify Restoration, a portfolio company of Osceola Capital, announced the acquisition of Beaches Construction, expanding Fortify’s footprint into Florida’s Panhandle while also increasing its presence in the Jacksonville and Tampa markets. Financial terms of the transaction were not disclosed.

Waste Resource Management Acquires Majority Of Darling Ingredients’ Trap Grease Business

By Amit Chowdhry ● May 13, 2026

Waste Resource Management announced it has entered into a definitive agreement with Darling Ingredients Inc. to acquire the majority of Darling Ingredients’ trap grease collection and processing assets. Financial terms of the transaction were not disclosed.

Johnson Controls Completes Acquisition Of Alloy Enterprises To Expand Data Center Cooling Platform

By Amit Chowdhry ● May 13, 2026

Johnson Controls International plc announced the completion of its acquisition of Alloy Enterprises, a Boston-based company specializing in next-generation thermal management systems for high-performance data centers and mission-critical industrial applications. Financial terms of the transaction were not disclosed.

Cohen & Co Expands Michigan Presence With Acquisition Of Gordon Advisors

By Amit Chowdhry ● May 13, 2026

Cohen & Co announced the acquisition of Gordon Advisors, P.C., expanding the firm’s Michigan presence and making the state one of its largest geographic markets. The transaction is expected to close on June 1, 2026.

Mind Robotics: $400 Million Financing Expands AI-Powered Industrial Robotics Platform

By Amit Chowdhry ● May 13, 2026

Mind Robotics announced a $400 million financing round led by Kleiner Perkins, bringing the company’s total funding to more than $1 billion since its founding in 2025. The financing included participation from new investors Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, and Garuda Ventures, alongside existing investors including Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures, and Greenoaks.

Avant Genomics Raises Over $3 Million To Advance Automated Liquid Biopsy Sample Preparation Platform

By Amit Chowdhry ● May 13, 2026

Avant Genomics announced it has raised more than $3 million in financing to accelerate development of its Avant Source platform, an automated liquid biopsy sample preparation system designed for precision cancer detection. The financing included participation from TitletownTech, Halyard Ventures, Virginia Venture Partners, CAV Angels, Global Impact Fund, along with additional angel investors and family offices.

Anomaly Insights Raises Additional $17 Million To Expand AI-Powered Payer Intelligence Platform

By Amit Chowdhry ● May 13, 2026

Anomaly Insights announced $17 million in additional funding led by Sound Ventures, with participation from Alumni Ventures and existing investors Link Ventures, Redesign Health, and RRE Ventures. The financing brings the company’s total funding to $34 million.

Nextpower: $80.5 Million Acquisition Expands Power Conversion Platform Into Storage And Data Centers

By Amit Chowdhry ● May 13, 2026

Nextpower announced it has entered into a definitive agreement to acquire complementary assets of Zigor Corporation’s power conversion business and its U.S.-based subsidiary, Apex Power. The acquisition is expected to accelerate Nextpower’s expansion into utility-scale solar power conversion while supporting its entry into battery energy storage and AI data center markets.

GoldenTree Asset Management: $602 Million CLO Expands GLM Strategy To More Than $21 Billion

By Amit Chowdhry ● May 13, 2026

GoldenTree Asset Management announced the closing of a $602 million collateralized loan obligation managed under its GLM strategy. The new CLO, named GoldenTree Loan Management US CLO 29, represents the 38th CLO issued under the firm’s GLM CLO platform and brings total issuance under the strategy to more than $21 billion.

Mongoose AI Launches Governed AI Agents For Health Plans And Closes Oversubscribed Seed Extension

By Amit Chowdhry ● May 13, 2026

Mongoose AI announced the launch of a new category of governed AI agents designed specifically for health plans, alongside the closing of an oversubscribed seed extension co-led by Vertical Venture Partners. The financing round also included participation from Overstory Partners, Connecticut Innovations, and strategic healthcare executives from national and regional health plans.