Archives

CoinShares Going Public Via $1.2 Billion SPAC Merger With Vine Hill Capital

By Amit Chowdhry ● Sep 9, 2025

CoinShares International, Europe’s leading digital asset manager with roughly $10 billion in assets under management, has entered into a definitive business combination agreement with Vine Hill Capital Investment, a publicly traded SPAC listed on NASDAQ. Once the transaction is complete, CoinShares will become publicly listed in the United States under a newly formed entity, Odysseus Holdings Limited.

Public Acquiring Tornado’s Retail Brokerage Accounts

By Amit Chowdhry ● Sep 9, 2025

Trading and investing platform company Public has acquired the retail brokerage accounts of Tornado, an AI-powered financial technology company serving institutional investors. As part of the transaction, more than 85,000 Tornado brokerage customers will transition to Public, gaining access to a broad suite of asset classes and advanced investing tools.

Cox Automotive Buying Alliance Inspection Management

By Amit Chowdhry ● Sep 9, 2025

As Manheim commemorates its 80th year in the wholesale automotive industry, Cox Automotive is making a decisive move to reshape the future of vehicle inspections and elevate the wholesale marketplace. The company has acquired full ownership of Alliance Inspection Management (AiM), a longtime partner and recognized leader in vehicle inspection services.

Guidewell Education: Strategic Investment Raised From Eagle Merchant Partners

By Amit Chowdhry ● Sep 9, 2025

Global education company Guidewell Education has received a strategic growth investment from Eagle Merchant Partners. This partnership marks a significant milestone in Guidewell’s evolution, positioning the company to accelerate its expansion and deepen its impact on students worldwide.

Accion: $61.6 Million Fund Closed To Invest In Early-Stage Fintechs

By Amit Chowdhry ● Sep 9, 2025

Accion, a global nonprofit focused on financial inclusion, has announced the final close of its second early-stage fintech fund, Accion Venture Lab Fund II, LP, now rebranded as Accion Ventures. The $61.6 million fund will be deployed to support innovative fintech startups that are building solutions for underserved populations across the globe. This marks a continuation of Accion’s decade-long strategy of combining social impact with venture capital discipline to catalyze inclusive financial systems.

Morgan Stanley: JPY131 Billion Closed For Japan-Focused Real Estate Fund

By Amit Chowdhry ● Sep 9, 2025

Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley Investment Management, has announced the final close of its inaugural North Haven Real Estate Japan Strategy Fund I (JSF), raising JPY131 billion—approximately US$900 million. This total significantly surpasses the fund’s original target of JPY75 billion (around US$500 million), reflecting strong investor confidence in the firm’s Japan-focused strategy.

Walker & Dunlop: $68 Million In HUD Financing Secured

By Amit Chowdhry ● Sep 9, 2025

Walker & Dunlop has announced the origination of $68.3 million in HUD 232/223(f) loans to refinance seven skilled nursing facilities across Illinois and Wisconsin. The transaction was arranged by the firm’s FHA Finance team, led by Joshua Rosen, Brad Annis, and Johnny Rice, and leverages HUD’s long-term, fixed-rate, non-recourse financing structure. This approach enabled borrowers to replace short-term, variable-rate debt with more stable and predictable capital, thereby enhancing the financial resilience of their healthcare portfolio.

Forward Industries: $1.65 Billion Private Placement For Launching Solana-Focused Digital Asset Treasury Strategy

By Amit Chowdhry ● Sep 9, 2025

Forward Industries has announced a $1.65 billion private placement in cash and stablecoin commitments, marking a pivotal shift toward a Solana-centric digital asset treasury strategy. The PIPE (private investment in public equity) round is led by Galaxy Digital, Jump Crypto, and Multicoin Capital—three of the most influential players in the crypto space. C/M Capital Partners, LP, one of Forward’s largest existing shareholders, also participated.

One Equity Partners: $3.25 Billion Fund IX Closed

By Amit Chowdhry ● Sep 9, 2025

One Equity Partners, a middle market private equity firm, today announced it has completed fundraising for its ninth and largest fund to date, One Equity Partners IX, L.P., at $3.25 billion of committed capital. The Fund had a $2.75 billion target and a $3.25 billion hard cap. OEP IX’s closing increases the firm’s combined assets under management to approximately $16 billion.

Deep Fission Goes Public And Raises $30 Million Private Placement

By Amit Chowdhry ● Sep 9, 2025

Deep Fission, a pioneering developer of small modular nuclear reactors designed for deep underground deployment, has announced the successful close of a $30 million private placement offering at $3.00 per share. The heavily oversubscribed round coincided with a go-public reverse merger with Surfside Acquisition Inc., which has now been renamed Deep Fission. This milestone marks the company’s formal entry into the public markets and sets the stage for its next phase of reactor development.

Otovo USA: $4 Million In Funding Raised To Transform Home Energy Services

By Amit Chowdhry ● Sep 9, 2025

Clean-energy pioneer William J. “John” Berger has announced the launch of Otovo USA, a new residential energy service company aimed at transforming how Americans power their homes. Backed by over $4 million in initial funding led by EIC Rose Rock, Otovo USA introduces a customer-first model that integrates retail energy, service, and trading into one seamless platform. The company is partnering with Otovo, a European leader in residential solar and energy systems, to bring its proven expertise to the U.S. market.

PNC To Buy FirstBank In $4.1 Billion Deal

By Amit Chowdhry ● Sep 9, 2025

PNC Financial Services Group has announced a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, in a $4.1 billion cash-and-stock transaction. Based in Lakewood, Colorado, FirstBank operates 95 branches and manages $26.8 billion in assets as of June 30, 2025. The deal will significantly expand PNC’s footprint in Colorado and Arizona, reinforcing its position as a leading national bank.

Cognition: $400 Million Raised At $10.2 Billion Valuation To Advance Future Of AI-Based Software Engineering

By Amit Chowdhry ● Sep 9, 2025

Cognition, the AI startup behind the autonomous coding agent Devin, has announced a significant funding milestone: over $400 million raised at a post-money valuation of $10.2 billion. The round was led by Founders Fund, with continued support from existing investors including Lux Capital, 8VC, Neo, Elad Gil, Definition Capital, and Swish VC. New investors Bain Capital Ventures, Hanabi Capital, and D1 Capital also joined.