Archives

InCred Alternatives: $70 Million In Commitments Raised For Maiden Special Situations Credit Fund

By Amit Chowdhry ● Apr 23, 2025

InCred Alternative Investments (part of InCred Capital Financial Services Limited) announced securing commitments of over $70 million in its maiden special situations credit fund, InCred Special Opportunities Fund-I (ISOF-I).

Nomura Buying Public Asset Management Operations From Macquarie For $1.8 Billion

By Amit Chowdhry ● Apr 22, 2025

Nomura and Macquarie announced that they have entered into an agreement for Nomura to acquire Macquarie’s U.S. and European public asset management business, with approximately $180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies.

Earned Wealth Buying Chahal & Associates To Scale Doctor-Focused Financial Platform

By Amit Chowdhry ● Apr 22, 2025

Earned Wealth, a tech-enabled financial services firm created specifically for doctors, their families, and their practices, announced the acquisition of Chahal & Associates, a premier tax and accounting firm based in Hercules, California, with a client base of about 2,200 doctors, business owners, and high-net-worth professionals.

Appian: Serge Tanjga Named As Chief Financial Officer

By Amit Chowdhry ● Apr 22, 2025

Appian announced the appointment of Serge Tanjga as Chief Financial Officer (CFO), effective May 27, 2025. Tanjga will report directly to Appian CEO Matt Calkins. Tanjga succeeds Mark Matheos, who became CFO of Dragos in November.

Nassau Financial Group: $10 Million Program For Supporting Startups

By Amit Chowdhry ● Apr 22, 2025

Nassau Financial Group - a leader in Connecticut’s insurance technology community - announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. This program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

Boeing Selling Part Of Digital Aviation Solutions To Thoma Bravo For $10.55 Billion

By Amit Chowdhry ● Apr 22, 2025

Boeing announced it has entered into a definitive agreement to sell portions of its Digital Aviation Solutions business, including its Jeppesen, ForeFlight, AerData, and OzRunways assets, to private investment firm Thoma Bravo in an all-cash deal valued at $10.55 billion.Boeing will keep its core digital capabilities, which harness both aircraft and fleet-specific data to provide commercial and defense customers with fleet maintenance, diagnostics, and repair services. This digital expertise will continue providing predictive and prognostic maintenance insights.

Archway Capital: Opportunity Fund II Launched With $100 Million Target

By Amit Chowdhry ● Apr 22, 2025

Archway Capital, an LA-based alternative investment manager focused on real estate debt investments, announced the launch of the second vintage of its Opportunity Fund strategy.

Verition Fund Management: Minority Equity Investment Raised From AMG

By Amit Chowdhry ● Apr 22, 2025

AMG, a strategic partner to leading independent investment management firms globally, announced that it has entered into a definitive agreement to acquire a minority equity interest in Verition Fund Management.

MidOcean Partners To Buy GSTV From Rockbridge

By Amit Chowdhry ● Apr 22, 2025

Rockbridge Growth Equity, a partnership-oriented private equity firm with a differentiated approach to building and growing companies, announced that it has sold GSTV to MidOcean Partners. Rockbridge will keep a minority stake in GSTV, a nationwide video network available at fuel and convenience retailers.

Aramco And BYD Partnering On New EV Technologies

By Amit Chowdhry ● Apr 22, 2025

Aramco, which is one of the leading integrated energy and chemicals companies, and BYD, a leading manufacturer of new energy vehicles and power batteries, agreed to explore closer collaboration in new energy vehicle technologies.

TPG And Temasek Acquire Minority Stake In Cliffwater

By Amit Chowdhry ● Apr 22, 2025

TPG (a leading global alternative asset management firm) and Temasek (a global investment company headquartered in Singapore) announced a definitive agreement to make a substantial minority investment in Cliffwater (an independent alternative investment adviser and fund manager). TPG’s investment will be made via the growth equity platform TPG Growth.

FundThrough Buying Financial Technology Solutions Company Ampla

By Amit Chowdhry ● Apr 22, 2025

FundThrough, a fintech invoice factoring platform for small and medium-sized businesses (SMBs), announced its acquisition of Ampla - which is a leading provider of financial technology solutions for consumer brands offering working capital, business banking, corporate cards, and analytics.

Altocare Buying In-Home Care Services Company MedTec Healthcare

By Amit Chowdhry ● Apr 22, 2025

Waud Capital Partners announced the acquisition of MedTec Healthcare, a provider of in-home care and adult day services. This deal represents a significant milestone in Waud Capital's strategy to build a market-leading platform in home-based care services through its newly formed holding company Altocare.

CMOC Buying Lumina Gold In C$581 Million Deal

By Amit Chowdhry ● Apr 22, 2025

China-based CMOC Group - which is the largest producer of cobalt - announced an all-cash acquisition of Canadian mining company Lumina Gold for C$581 million. After the closing of the deal, CMOC will get control over the Cangarejos gold-copper project, which is one of the largest undeveloped gold assets located in southwest Ecuador.

Procyon Partners: Strategic Minority Investment Raised From Constellation Wealth

By Amit Chowdhry ● Apr 22, 2025

Procyon Partners, a registered investment advisory (RIA) firm known for delivering personalized and fiduciary-driven wealth management solutions, announced that alternative asset management platform Constellation Wealth Capital (CWC) has acquired a minority stake.

Vanilla Partners With $560 Billion Firm Mariner Wealth Advisors

By Amit Chowdhry ● Apr 22, 2025

Vanilla, a leading platform in modern estate planning, announced a partnership with national services firm Mariner to deliver estate planning and advisory capabilities to the 700+ advisors managing $560 billion in assets at the firm. And since the partnership started, Mariner has seen a 200% increase in revenue growth rates among the advisors who have adopted Vanilla for holistic planning.

Equitage Ventures: $47.3 Million Tech Investment Fund Closed

By Amit Chowdhry ● Apr 22, 2025

Equitage Ventures, an early-stage AgeTech venture capital firm investing in technology-enabled services companies in senior care, announced the final closing of a new $47.3 million fund that will provide capital, distribution, and strategic guidance to entrepreneurs tackling the unmet physical, mental, spiritual, and social needs of older adults.

Pillar Security: $9 Million (Seed) Closed To Address Evolving Threat Landscape

By Amit Chowdhry ● Apr 22, 2025

Pillar Security, an AI-based security startup that helps enterprises build and run secure AI software, announced it has raised $9 million in seed funding. Shield Capital led the round, which was joined by Golden Ventures, Ground Up Ventures, and other strategic angel investors. The funds will support expanding Pillar’s R&D and go-to-market efforts.

Sidley: Deepak Nanda Joins M&A And PE Group As Partner In California

By Amit Chowdhry ● Apr 22, 2025

Sidley announced that Deepak Nanda has joined the firm’s M&A and PE group as a partner in the firm's office in Century City, California. Nanda joins from Gibson, Dunn & Crutcher, where he was a partner in the M&A and Private Equity practice groups.

Young American Food Brands Buying Best Provision

By Amit Chowdhry ● Apr 22, 2025

Young American Food Brands announced the acquisition of Best Provision, a producer of premium smoked and cooked meats for over 87 years.

ONDEX Automation: Acquisition Of NeoMatrix

By Amit Chowdhry ● Apr 22, 2025

ONDEX Automation announced that it has completed the acquisition of NeoMatrix, a leading software-focused factory automation system integrator. And this acquisition expands ONDEX Automation’s capabilities into SCADA, MES, and digital transformation solutions.

LendingClub To Buy Headquarters Property For $74.5 Million

By Amit Chowdhry ● Apr 22, 2025

LendingClub—the parent company of LendingClub Bank—announced it has entered into a definitive agreement to acquire a 233,887-square-foot property located at 88 Kearny Street in San Francisco for $74.5 million. This property, which will serve as the company's headquarters starting in Spring 2026, leverages the bank's balance sheet to buy an attractive asset that has the potential to appreciate in value over time.

Vocap Partners: Fund IV Exceeds $100 Million Target

By Amit Chowdhry ● Apr 22, 2025

Leading early-growth equity firm Vocap Partners announced it has exceeded its initial $100 million target for Vocap Fund IV. Due to continuing investor interest, the firm will accept commitments of up to $150 million.

Concurrent: Over $2 Billion In AUM Added In Q1 2025

By Amit Chowdhry ● Apr 22, 2025

Concurrent Investment Advisors - a multi-custodial and hybrid registered investment adviser - announced it added six new teams of 17 advisors in the first quarter of 2025. Crownmark Wealth Advisors, Cornerstone Private Wealth, Arky & Miller Financial Group, Center Street Wealth Management, Valenta Capital Management, and Tutelas Financial brought a collective $2.01 billion in assets under management (AUM).

RBC Onboards $5+ Billion Team Degenaars Babb Group

By Amit Chowdhry ● Apr 22, 2025

RBC Wealth Management is onboarding a team called Degenaars Babb Group, which manages over $5 billion in assets. The team comes from J.P. Morgan Wealth Management, one of the largest RBC has brought in.

1Fort: $7.5 Million Raised For Automating Business Insurance

By Amit Chowdhry ● Apr 22, 2025

1Fort, an AI platform for business insurance, announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. This round also included Draper Associates (Tim Draper), Karim Atiyeh (the founder of Ramp) and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC, and Company Ventures. This round brings 1Fort's total funding to $10 million.

The Vitamin Shoppe Selling For $195 Million From Kingswood And Performance Investment Partners

By Amit Chowdhry ● Apr 22, 2025

Kingswood Capital Management and Performance Investment Partners (PIP) announced that they have entered into a definitive agreement under which an affiliate will acquire The Vitamin Shoppe (a pure-play omnichannel retailer of vitamins and nutritional supplements) from Franchise Group (FRG). The deal is expected to close later in the second quarter of this year and is subject to customary closing conditions.

Nyobolt: $30 Million Raised To Advance Decarbonization And Reduce Downtime

By Amit Chowdhry ● Apr 22, 2025

Nyobolt, a pioneer of ultrafast charging technologies, announced it has raised $30 million in funding, led by IQ Capital and Latitude (the sister fund of LocalGlobe), with strategic partners including Scania Invest and Takasago Industry.

Arcana Labs: $5.5 Million Raised For AI-Based Content Production Software

By Amit Chowdhry ● Apr 22, 2025

Arcana Labs, an AI-based content production platform and studio, announced it has raised $5.5 million in funding and launched its transformative all-in-one AI production studio, Arcana AI. The funding round was led by SEMCAP AI and its co-founders and co-CIOs, Walter “Buck” Buckley and Cyrus Vandrevala.

Mill Point Capital: Acquisition Of Koozie Group

By Amit Chowdhry ● Apr 22, 2025

Mill Point Capital announced the acquisition of Scribe, a leading manufacturer, decorator, and supplier of promotional products. In connection with the deal, Koozie Group and Garyline, a portfolio company of Mill Point, will combine to create one of the largest and most diversified suppliers of promotional products in North America.