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Wellington Management: $1.9 Billion Acquisition Of Hartford Funds Expands Wealth Management Platform

By Amit Chowdhry ● Jun 3, 2026

Wellington Management announced that it has entered into a definitive agreement to acquire Hartford Funds from The Hartford in a transaction with an estimated net present value of $1.9 billion. Upon closing, Hartford Funds will be integrated into Wellington’s U.S. Wealth business and will operate under the Wellington brand.

Modern Wealth Onboards $1.1 Billion Firm Flaharty Asset Management

By Amit Chowdhry ● Jun 3, 2026

Modern Wealth Management announced that it has entered into an asset purchase agreement to acquire Flaharty Asset Management, a Clearwater, Florida-based wealth management firm overseeing approximately $1.1 billion in advisory and brokerage assets. The transaction strengthens Modern Wealth’s footprint in Florida and adds an 18-person team, including nine advisors, to the firm’s growing national platform.

Hyve: Hellman & Friedman To Acquire Events Business To Accelerate Next Phase Of Growth

By Amit Chowdhry ● Jun 3, 2026

Hyve Group, a leading global B2B events company, announced that private equity firm Hellman & Friedman has agreed to acquire the business from Providence Equity Partners and Searchlight Capital Partners. The transaction marks the next stage in Hyve’s growth strategy as the company looks to expand its international footprint, broaden its product offerings, and continue its acquisition-led expansion.

Altruist Expands Investment Offering With Alternative Assets And Integrated Advisor Tools

By Amit Chowdhry ● Jun 3, 2026

Altruist, the technology-driven wealth management platform for independent financial advisors, announced a major expansion of its platform with the addition of alternative investments, margin lending, options capabilities, and enhanced money movement features. The new offerings are designed to help advisors provide sophisticated investment strategies and private market access to a broader range of clients through a single digital platform.

Perk Raises $300 Million Credit Facility To Accelerate Global Expansion Of Its AI-Native Travel And Spend Platform

By Amit Chowdhry ● Jun 3, 2026

Perk, formerly known as TravelPerk, announced the closing of a $300 million private credit facility led by Neuberger Specialty Finance, alongside Blue Owl Capital, Hercules Capital, and Liquidity. The new facility replaces and upsizes the company’s 2024 credit facility on materially improved terms, increasing available capital while further strengthening Perk’s balance sheet.

Crescent Capital Group Raises $10.8 Billion For Fourth U.S. Direct Lending Fund

By Amit Chowdhry ● Jun 3, 2026

Crescent Capital Group announced the final close of its fourth U.S. direct lending fund, Crescent Direct Lending Fund IV (CDL Fund IV), raising $10.8 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. The fund is one of the largest lower middle market direct lending vehicles raised to date and marks the largest fund in the firm's history.

Alitheon Raises $8 Million Series A1 To Scale Biometrics For Things Across Global Supply Chains

By Amit Chowdhry ● Jun 3, 2026

Alitheon, an optical AI company focused on physical-to-digital identity and traceability solutions, announced the closing of an $8 million Series A1 funding round led by Emerald Technology Ventures, with significant participation from eBay Ventures and continued support from existing investors.

Advanced NanoTherapies Raises Over $31 Million Series B To Advance Dual-Drug Nanoparticle-Coated Balloon Platform

By Amit Chowdhry ● Jun 3, 2026

Advanced NanoTherapies (ANT), a clinical-stage medtech company focused on improving outcomes for patients with coronary and peripheral artery disease, announced the closing of an oversubscribed Series B financing round totaling more than $31 million. The financing was co-led by an undisclosed strategic investor and S3 Ventures, with participation from the T45 Fund as well as new and existing investors.

CW Advisors Onboards $655 Million Firm Catalina Capital Group

By Amit Chowdhry ● Jun 3, 2026

CW Advisors announced that Catalina Capital Group has joined the Boston-based registered investment advisor, expanding the firm's presence in the western United States and establishing its first office in Southern California. Catalina, a fee-only RIA based in Torrance, California, brings approximately $655 million in assets under management. Financial terms of the transaction were not disclosed.

Aprio Acquires Isdaner & Company To Expand Advisory And Accounting Services In The Northeast

By Amit Chowdhry ● Jun 3, 2026

Aprio, the 20th largest business advisory and accounting firm in the United States, announced the acquisition of Philadelphia-area accounting and advisory firm Isdaner & Company. The transaction became effective on June 1, 2026, and strengthens Aprio’s presence in the greater Philadelphia market while expanding its ability to provide accounting, advisory, audit, and tax services to businesses and families throughout the Northeast.

AMTD IDEA Group Acquires London Office Tower for $17 Million

By Amit Chowdhry ● Jun 3, 2026

AMTD IDEA Group announced that it has entered into a definitive agreement to acquire a London office tower at 40 Furnival Street, London EC4A 1JQ, for an effective consideration of approximately $17 million (£12 million). The acquisition was announced jointly by AMTD Group, AMTD IDEA Group, AMTD Digital, and The Generation Essentials Group (TGE).

Blend360 Acquires In516ht To Expand Global Snowflake And Enterprise AI Capabilities

By Amit Chowdhry ● Jun 3, 2026

Blend360, a global AI services firm, announced the acquisition of In516ht, a Snowflake Elite Partner and data engineering consultancy headquartered in Ljubljana, Slovenia, with subsidiaries in Dubai, UAE, and Riyadh, Saudi Arabia. The acquisition expands Blend360’s capabilities within the Snowflake Data Cloud ecosystem and strengthens its global engineering footprint.

OMNI Acquires Nara Logics to Expand Trusted AI Capabilities for National Security Missions

By Amit Chowdhry ● Jun 3, 2026

OMNI announced the acquisition of Nara Logics, a Boston-based artificial intelligence company known for its decision-intelligence platform and neuroscience-inspired AI technologies. The deal strengthens OMNI’s ability to provide trusted AI solutions to customers across the U.S. Department of War, Intelligence Community, and other national security agencies.

Cadence Education Acquires Especially For Children And Expands To 350 Schools Nationwide

By Amit Chowdhry ● Jun 3, 2026

Cadence Education announced the acquisition of Especially for Children, a nine-school early childhood education provider serving families across the Minneapolis-St. Paul metropolitan area. The transaction expands Cadence Education’s national network to 350 schools across the United States, marking a significant milestone in the company’s growth strategy and commitment to increasing access to early childhood education.