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EP Wealth Appoints John McConnell CFO And Promotes Erin Voisin To Chief Client Solutions Officer As AUM Exceeds $50.4 Billion

By Amit Chowdhry ● Sep 26, 2026

EP Wealth Advisors has expanded its executive leadership team with the appointment of John McConnell as Chief Financial Officer and the promotion of Erin Voisin to Chief Client Solutions Officer. The appointments are part of a broader series of leadership, technology, and governance investments as the Torrance, California-based wealth management firm continues its national expansion.

Harris Williams Appoints Former Solomon Partners Executive Tucker Laurens As Managing Director Of Financial Sponsor Coverage

By Amit Chowdhry ● Sep 26, 2026

Harris Williams has appointed Tucker Laurens as Managing Director in its Financial Sponsor Coverage Group, expanding its relationships with private equity investors and strengthening its M&A and private capital advisory capabilities.

Rexel To Acquire GCG From Audax Private Equity For Approximately $1.4 Billion

By Amit Chowdhry ● Sep 26, 2026

Rexel has entered into an agreement to acquire GCG, a U.S. specialty infrastructure distribution company, from Audax Private Equity for an enterprise value of approximately $1.4 billion. The transaction will expand Rexel's presence in electrical infrastructure, data centers, power distribution, and digital connectivity while adding a business expected to generate more than $1.1 billion in annual revenue.

Abacus Global Completes Over $400 Million Securitization Of Life Insurance Assets

By Amit Chowdhry ● Sep 26, 2026

Abacus Global Management has completed a securitization valued at more than $400 million, backed by a diversified portfolio of life insurance policies. The transaction represents the company's largest securitization to date and expands its ability to connect longevity-based assets with institutional fixed-income investors.

Ault & Company Invests $55 Million In Hyperscale Data, Increasing Exposure To AI Data Center Infrastructure

By Amit Chowdhry ● Sep 26, 2026

Ault & Company has invested $55 million directly into Hyperscale Data (NYSE American: GPUS) through purchases of convertible preferred stock. The private holding company, controlled by Milton "Todd" Ault III, also disclosed that it and its affiliates beneficially own approximately 62% of Hyperscale Data, reflecting a substantial ownership position in the publicly traded company.

Nscale Raises $3.36 Billion In Pre-IPO Convertible Financing Led By Third Point

By Amit Chowdhry ● Sep 26, 2026

Nscale, a London-based artificial intelligence cloud infrastructure company, has raised $3.36 billion through a pre-IPO convertible loan note financing led by Third Point. The financing will support the expansion of its vertically integrated AI cloud platform, including data centers, power infrastructure, and large-scale GPU computing clusters.

BASF Confirms Exploratory Talks Regarding Potential Takeover Of Evonik

By Amit Chowdhry ● Sep 26, 2026

BASF has confirmed that it is holding exploratory discussions with RAG-Stiftung and Evonik Industries regarding a potential takeover of Evonik. The announcement, issued on September 25, 2026, confirms that discussions are underway but emphasizes that their outcome remains uncertain.

Milbank Appoints Former O’Melveny Tax Chair Alex Anderson As Partner In New York

By Amit Chowdhry ● Sep 26, 2026

Milbank has appointed Alex Anderson as a partner in its Tax Group in New York, expanding its capabilities in complex corporate transactions, restructurings, financing arrangements, and investment fund formation.

Morrison Foerster Appoints Former DOJ Official Paul Perkins As Partner And False Claims Act Practice Chair

By Amit Chowdhry ● Sep 26, 2026

Morrison Foerster has appointed Paul Perkins as a partner in its Investigations and White Collar Defense Group and chair of its False Claims Act practice in Washington, D.C.

Massumi + Consoli Launches ElevenHundred+ With Financial Sponsor And Appoints Shon Glusky Chief Strategy Officer

By Amit Chowdhry ● Sep 26, 2026

Massumi + Consoli has launched ElevenHundred+, a management services organization backed by an undisclosed financial sponsor, to support its continued expansion and investment in technology and operational infrastructure. The law firm also appointed Shon Glusky as a partner and Chief Strategy Officer in its New York office.

Citi Private Bank Appoints Former Bank Of America Executive Samuel Gottesman As Northeast Market Executive

By Amit Chowdhry ● Sep 26, 2026

Citi Private Bank has appointed Samuel Gottesman as Market Executive for the Northeast, expanding its senior leadership team as it strengthens its relationships with ultra-high-net-worth clients across several major U.S. wealth management markets.

Wedbush Appoints Former Osaic Executive Jim McDermott As Managing Director Of Investments In Chicago

By Amit Chowdhry ● Sep 26, 2026

Wedbush Securities has appointed Jim McDermott as Managing Director, Investments, within its Wealth Management division, expanding its presence in Chicago and strengthening its advisory capabilities across the Midwest.

KBR Names Michael LaRouche As CEO Of Trinzic Ahead Of Planned 2027 Spin-Off

By Amit Chowdhry ● Sep 26, 2026

KBR has named Michael LaRouche President and CEO-Designate of Trinzic, the planned spin-off of its Mission Technology Solutions business. The company also announced the appointment of Gabe Butler as Vice President-Designate of Investor Relations, effective October 5, 2026.

S&W Appoints Rosemary Prendecki And Andrew Robinson As Partners To Expand Transaction Tax Advisory Business

By Amit Chowdhry ● Sep 26, 2026

S&W Group has appointed Rosemary Prendecki and Andrew Robinson as partners in its transaction tax practice, expanding its advisory capabilities for private equity firms, investment funds, financial services companies, and corporate clients.

H&M Group Reports 23% Increase In Third-Quarter Operating Profit To $609 Million

By Amit Chowdhry ● Sep 26, 2026

H&M Group reported SEK 57.2 billion ($5.77 billion) in net sales for the third quarter of fiscal 2026, while operating profit increased approximately 23% to SEK 6 billion ($605 million), supported by improved gross margins, purchasing efficiencies, and operating cost reductions.

Circular Services Acquires Re:Dish, Expanding Into Reusable Foodservice Packaging

By Amit Chowdhry ● Sep 26, 2026

Circular Services, a U.S. recycling and composting company, has acquired Re:Dish, a provider of reusable foodservice packaging solutions, expanding its business into reuse services for municipalities, corporations, and institutional customers. Financial terms of the acquisition were not disclosed.

Sagepoint Logistics Adds 60 Renewable Natural Gas Trucks, Doubling Fleet To 120 Vehicles

By Amit Chowdhry ● Sep 26, 2026

Sagepoint Logistics, an Indiana-based sustainable freight carrier, has announced the addition of 60 heavy-duty renewable natural gas trucks, doubling its low-carbon fleet to 120 vehicles. The expansion is intended to meet growing customer demand for lower-emission transportation while increasing the company's capacity to serve dedicated truckload customers.

Bank Of America Commits $150 Million To Workforce Development And Plans To Hire 1,000 Additional Apprentices

By Amit Chowdhry ● Sep 26, 2026

Bank of America has announced plans to hire 1,000 additional apprentices over the next two years and invest $150 million in workforce development organizations over five years. The initiative will expand access to employment and professional training opportunities across the United States while supporting the bank's broader skills-based hiring strategy.

Beacon Financial Appoints Sean Gray CEO As Paul Perrault Retires Following Five-Decade Banking Career

By Amit Chowdhry ● Sep 26, 2026

Beacon Financial, the holding company of Beacon Bank, has appointed Sean A. Gray as Chief Executive Officer of the company and its banking subsidiary, effective September 21, 2026. Gray succeeds Paul A. Perrault, who retired from his executive positions after a banking career spanning more than five decades.

Eurobio Scientific Reports €84.5 Million In First-Half Revenue And €4.7 Million Net Income Following Diagnostic Business Expansion

By Amit Chowdhry ● Sep 26, 2026

Eurobio Scientific reported €84.5 million in revenue for the first half of 2026, an increase of 4.5% year over year, supported by acquisitions and growth in proprietary diagnostic products.

iFOREX Reports $26.9 Million In First-Half Revenue As Active Clients Increase 8% Following London IPO

By Amit Chowdhry ● Sep 26, 2026

iFOREX Financial Trading Holdings reported $26.9 million in revenue for the first half of 2026, representing a 2.2% decline year over year, as lower market volatility and currency-related expenses affected financial performance.

H.B. Fuller Reports $938 Million In Q3 Revenue And $187 Million Adjusted EBITDA And Updates Full-Year Outlook

By Amit Chowdhry ● Sep 26, 2026

H.B. Fuller reported $938 million in revenue for the third quarter of fiscal 2026, an increase of 5.2% year over year, driven by pricing improvements and continued execution of its restructuring and operational efficiency initiatives.

Alpha Ladder Appoints Former Shanghai Innovation Bank Executive Jade Lu As Wealth And International CEO

By Amit Chowdhry ● Sep 26, 2026

Alpha Ladder Group has appointed Jade Lu as Wealth CEO and International CEO, expanding its leadership team as the Singapore-based financial services group develops its wealth management business and international operations.

Search Minerals Appoints Jonathan Beigle As CEO And Director To Advance Labrador Rare Earth Projects

By Amit Chowdhry ● Sep 26, 2026

Search Minerals has appointed Jonathan Beigle as Chief Executive Officer and a member of its board of directors, effective September 25, 2026. The leadership transition comes as the company continues developing its rare earth mineral projects in southeastern Labrador, including Foxtrot and Deep Fox.

King & Spalding Adds Julie Chapuy As International Disputes Partner In Paris

By Amit Chowdhry ● Sep 26, 2026

King & Spalding has appointed Julie Chapuy as a partner in its Paris office, continuing to expand its International Disputes practice. Chapuy joins from Freshfields and becomes the 10th International Disputes partner, and the second in Paris, to join the firm in recent months.

Endra Launches AI-Powered Electrical Engineering Platform And Acquires Planlabs Following $50 Million Series A

By Amit Chowdhry ● Sep 26, 2026

Endra, a Stockholm-based artificial intelligence company developing software for mechanical, electrical, and plumbing (MEP) engineering, has launched Endra Power Studio, an AI-powered platform designed to automate electrical engineering workflows. The company also announced the acquisition of Planlabs, a Swiss AI company specializing in mechanical engineering, expanding its capabilities as it develops an integrated platform for building design.

Costco Reports $93.9 Billion In Q4 Sales And $297.2 Billion In Fiscal 2026 Sales As Net Income Reaches $9.2 Billion

By Amit Chowdhry ● Sep 26, 2026

Costco Wholesale reported $93.9 billion in net sales for the fourth quarter of fiscal 2026, representing an 11.2% increase year over year. The warehouse retailer also reported higher quarterly earnings, strong digitally enabled sales growth, and continued expansion in its international markets.

BlackBerry Reports $163.3 Million In Q2 Revenue And Raises Fiscal 2027 Outlook As QNX Growth Accelerates

By Amit Chowdhry ● Sep 26, 2026

BlackBerry reported $163.3 million in revenue for the second quarter of fiscal 2027, an increase of 26% year over year, driven by growth in its QNX automotive software business and a substantial increase in intellectual property licensing revenue. The company also reported higher profitability, stronger cash generation, and an increased full-year revenue outlook.

TD SYNNEX Reports Record $21.6 Billion Q3 Revenue, Up 37.7%, And Raises Quarterly Dividend

By Amit Chowdhry ● Sep 26, 2026

TD SYNNEX reported record fiscal third-quarter revenue of $21.6 billion, up 37.7% year over year, as its Distribution and Hyve Solutions businesses benefited from growing demand for technology infrastructure.

Darden Restaurants Reports $3.2 Billion In Q1 Sales And Reaffirms Fiscal 2027 Earnings Outlook

By Amit Chowdhry ● Sep 26, 2026

Darden Restaurants reported $3.2 billion in sales for the first quarter of fiscal 2027, an increase of 5.1% year over year, supported by positive same-restaurant sales across all its operating segments.