Archives

Einride: $113 Million PIPE To Support $1.35 Billion SPAC Merger With Legato Merger Corp. III

By Amit Chowdhry ● Feb 26, 2026

Einride AB, a technology company focused on electric and autonomous freight operations, and Legato Merger Corp. III (NYSE American: LEGT), a special purpose acquisition company, announced a $113 million oversubscribed PIPE financing in support of their previously disclosed proposed business combination.

Arrow Financial: $89.1 Million Acquisition Of Adirondack Bancorp To Expand New York Footprint

By Amit Chowdhry ● Feb 26, 2026

Arrow Financial, the parent company of Arrow Bank National Association, announced that it has entered into a definitive agreement to acquire Adirondack Bancorp, Inc., the parent company of Adirondack Bank, in a transaction valued at approximately $89.1 million.

King Risk Partners: Acquisition Of Lewis Insurance

By Amit Chowdhry ● Feb 26, 2026

King Risk Partners, the 51st largest insurance brokerage in the United States, has expanded its Southern presence through the acquisition of Lewis Insurance, a Thomasville, Georgia-based insurance agency.

Revel: $150 Million Series B Raised For Modern Hardware Control Platform

By Amit Chowdhry ● Feb 26, 2026

Revel announced a $150 million Series B funding round led by Index Ventures with participation from Redpoint Ventures and returning investors including Thrive Capital, Felicis, and Abstract Ventures.

The Cynosure Group: Acquisition Of Utah Development And Construction Creates Joint Venture With Clyde Capital Group

By Amit Chowdhry ● Feb 26, 2026

The Cynosure Group, a Salt Lake City-based investment firm, announced that it has acquired Park City-based Utah Development and Construction to form a new joint venture with Clyde Capital Group focused on hospitality and mixed-use projects across the Intermountain West.

STS Digital: $30 Million Strategic Round Closed For Crypto Options Trading Platform Expansion

By Amit Chowdhry ● Feb 26, 2026

STS Digital announced it has closed a $30 million strategic funding round led by CMT Digital, with participation from Payward, Strobe Ventures, Arrington Capital, F-Prime, and BitRock Capital, to accelerate the growth of its crypto options trading platform.

Dubai Aerospace Enterprise: $7 Billion All-Cash Acquisition Of Macquarie AirFinance

By Amit Chowdhry ● Feb 26, 2026

Dubai Aerospace Enterprise (DAE) Ltd has signed a definitive agreement to acquire 100% of Macquarie AirFinance Limited (MAF) in an all-cash transaction with an approximate enterprise value of $7 billion.

Greenbriar Equity Group: $5.4 Billion Raised For Oversubscribed Seventh Private Equity Fund

By Amit Chowdhry ● Feb 26, 2026

Greenbriar Equity Group announced the final closing of Greenbriar Equity Fund VII, L.P. with total capital commitments of $5.4 billion, marking the firm’s largest fund to date. The fundraise was significantly oversubscribed, surpassing its $4.25 billion target, and was completed on an accelerated timeline following a first close in December 2025.

Stay22: $122 Million Growth Investment From Summit Partners

By Amit Chowdhry ● Feb 26, 2026

Stay22, a content monetization platform focused on travel and retail, announced a USD$122 million minority growth investment from Summit Partners to support global expansion, product innovation, and new vertical development.

Phantom Space Corporation: Acquisition Of Vector Launch Assets And IP

By Amit Chowdhry ● Feb 26, 2026

Phantom Space announced it has acquired key assets and intellectual property from Vector Launch Inc., a move designed to accelerate development of its Daytona launch vehicle and strengthen its ability to deliver cost-effective, responsive launch services to government and commercial customers.

Specialty Program Group: Acquisition Of Proper Insurance

By Amit Chowdhry ● Feb 26, 2026

Specialty Program Group, a specialty insurance distribution, underwriting, and consulting platform, announced it has acquired Proper Insurance, a provider of insurance solutions tailored to short-term rental properties.

Viking Mergers & Acquisitions: Jake Iacovella Joins As Associate Advisor In Tampa

By Amit Chowdhry ● Feb 26, 2026

Viking Mergers & Acquisitions has welcomed Jake Iacovella to its Tampa office as an Associate Advisor, highlighting the firm’s continued focus on developing talent with both technical expertise and a strong entrepreneurial mindset.

Behrman Capital Sells Waterline Renewal Technologies To Azuria Water Solutions, A New Mountain Capital Company

By Amit Chowdhry ● Feb 26, 2026

Behrman Capital, a New York-based private equity investment firm, announced that it has sold its portfolio company, Waterline Renewal Technologies, to Azuria Water Solutions, a portfolio company of New Mountain Capital. Financial terms of the transaction were not disclosed.

CesiumAstro Announces Acquisition Of Vidrovr To Enhance Space Communications Systems

By Amit Chowdhry ● Feb 26, 2026

CesiumAstro, a global provider of space and defense communications systems and satellites, announced it has acquired Vidrovr, an artificial intelligence company specializing in real-time multimodal signal analysis. The transaction advances CesiumAstro’s strategy to embed AI directly into space telecommunications and intelligence, surveillance, and reconnaissance infrastructure, enabling intelligent radio frequency optimization, autonomous payload and satellite operations, and reconfigurable AI-enabled edge computing across its product portfolio.

Asahi Kasei: €780 Million Acquisition Of Aicuris To Expand Severe Infectious Disease Platform

By Amit Chowdhry ● Feb 26, 2026

Asahi Kasei announced it has entered into a definitive agreement to acquire all issued shares of Aicuris Anti-infective Cures AG, a German-based biopharmaceutical company, for approximately €780 million, or about $919 million at an exchange rate of $1.178 per euro as of February 25, 2026. The transaction is expected to close in the first quarter of fiscal 2026, subject to customary conditions.

Anthropic Acquires Vercept To Advance Claude’s Computer Use Capabilities

By Amit Chowdhry ● Feb 26, 2026

Anthropic announced that it has acquired Vercept as part of its push to expand Claude’s computer use capabilities, enabling the AI system to take on increasingly complex, multi-step tasks within live applications.

Proxymity Announce Strategic Investment As Euroclear Takes Minority Stake

By Amit Chowdhry ● Feb 26, 2026

Proxymity, the digital investor communications platform, and financial market infrastructure provider Euroclear announced that Euroclear has acquired a minority stake in Proxymity, becoming both a strategic shareholder and client.

Harbinger Motors: Phantom AI Acquisition And ZF Licensing Deal

By Amit Chowdhry ● Feb 26, 2026

Harbinger, an American-made medium-duty electric and hybrid vehicle manufacturer, announced that it has acquired autonomous driving company Phantom AI and secured a licensing agreement with ZF Group’s Advanced Driver Assistance Systems business unit for passenger cars. The transaction establishes a new software services revenue stream for Harbinger while expanding its advanced driver assistance capabilities across both commercial and passenger vehicle markets.

Quantum Surgical Acquires NeuWave Medical To Expand Tumor Ablation Platform

By Amit Chowdhry ● Feb 26, 2026

Quantum Surgical, a company specializing in minimally invasive robotic-assisted cancer treatment, has announced the acquisition of NeuWave Medical, a medical device company whose products are used by physicians in over 70% of the top cancer centers in the United States. The transaction advances Quantum Surgical’s strategy to democratize robotic-assisted tumor ablation treatments and reduce cancer mortality.

Maersk Deepens Saudi Footprint With Stake In Jeddah Terminal

By Amit Chowdhry ● Feb 26, 2026

The Saudi Ports Authority announced that APM Terminals, a wholly owned subsidiary of A.P. Moller–Maersk, has acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port, reinforcing the Danish shipping group’s long-term commitment to Saudi Arabia’s logistics transformation and the growing strategic importance of the Red Sea corridor.

Eventus: Majority Investment From Terminus Capital Partners To Accelerate Global Expansion

By Amit Chowdhry ● Feb 26, 2026

Terminus Capital Partners has made a majority investment in Eventus, a provider of trade surveillance and market risk solutions, positioning the company for accelerated geographic expansion and product growth. Financial terms of the transaction were not disclosed.

ThreatAware: $25 Million Raised From OnePeak To Expand AI-Powered Security Workspace

By Amit Chowdhry ● Feb 26, 2026

ThreatAware, a cyber asset management and cyber hygiene platform, announced it has raised $25 million in funding from growth equity firm One Peak.

Clee Medical: Seed Financing Secured By Wyss Geneva Spin-Off To Advance Real-Time Brain Surgery Imaging

By Amit Chowdhry ● Feb 26, 2026

The Wyss Center for Bio and Neuroengineering Geneva announced the successful closing of the seed financing round of Clee Medical SA, a Swiss neurotechnology spin-off developing ultra-high-resolution real-time intraoperative imaging for brain surgery.

SHINE Technologies: $240 Million Raised For Nuclear Fusion And Medical Isotope Expansion

By Amit Chowdhry ● Feb 26, 2026

SHINE Technologies, a nuclear fusion company, announced it has raised $240 million in equity funding and appointed Dr. Patrick Soon-Shiong, M.D., Executive Chairman of ImmunityBio and founder of NantWorks, to its Board of Directors. The round was led by NantWorks, with participation from Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management, Oaktree Capital Management, and other existing investors.

Ignite Reading: Johns Hopkins Study Shows 85% Of Proficient First Graders Maintain Reading Success

By Amit Chowdhry ● Feb 26, 2026

Ignite Reading announced findings from a second multi-year study conducted by researchers at the Center for Research and Reform in Education at the Johns Hopkins University School of Education, showing that 85% of first graders who reached reading proficiency maintained grade-level performance through second grade without further intervention.

Bandelier: Funding Raised From CerraCap Impact Venture Capital

By Amit Chowdhry ● Feb 26, 2026

CerraCap Impact Venture Capital (CIVC) has announced an investment in Bandelier Technologies, a New Mexico-based deep-tech company developing memory-free quantum radar, sensing, and advanced metasurface antenna systems for national security, space-domain awareness, and resilient communications. The investment reinforces CIVC’s focus on national security and advanced computing while expanding its portfolio of mission-critical dual-use technologies.

FirmPilot AI: $22 Million Series A-1 Raised For AI-Powered Legal Marketing Platform

By Amit Chowdhry ● Feb 26, 2026

FirmPilot AI, an AI-powered legal marketing platform, announced the close of its oversubscribed $22 million Series A-1 funding round, bringing its total funding to $27.25 million. The round was led by DeepWork Capital, with a significant investment from Data Point Capital and participation from existing investors including Blumberg Capital, Thomson Reuters Ventures, Valor Ventures, SaaS Ventures, and EarlyLight Ventures. As part of the investment, DeepWork Capital Partner Ken Hall has joined the company’s board of directors.

JetScale AI: $5.4 Million Raised In Seed Round For Cloud Infrastructure Optimization Platform

By Amit Chowdhry ● Feb 26, 2026

JetScale AI, a Montréal-based cloud infrastructure optimization company, has raised $5.4 million in an oversubscribed seed funding round to accelerate growth and expand deployments across North America and Europe. The company was co-founded and is led by Mehdi Merai and Gabriel De Lisi, who previously co-founded, scaled, and exited machine learning company Dataperformers. JetScale AI was also co-founded by Diagram through its venture studio model, which has launched Canadian technology companies including Nesto and Dialogue.

Dentons: Brian Rayback Joins Portland Office As Partner

By Amit Chowdhry ● Feb 26, 2026

Dentons announced that Brian Rayback has joined the firm as a partner in its Portland, Maine office, expanding its environmental and land use capabilities in the region.

White & Case: Paul Tiger Joins As Partner In New York M&A Practice

By Amit Chowdhry ● Feb 26, 2026

White & Case announced that Paul Tiger has joined the firm as a partner in its Global Mergers & Acquisitions Practice in New York, further expanding its US corporate capabilities.