Jersey Mike's Files Confidential IPO Documents, Targeting $12B Valuation
Jersey Mike's, the sub‑sandwich chain owned by Blackstone, has confidentially filed for an initial public offering in 2026, aiming for a valuation around $12 billion. The company generated $4.2 billion in sales last year and operates about 3,300 U.S. locations under CEO Charlie Morrison. The IPO would be the restaurant industry’s first since Black Rock Coffee Bar went public.
AirTrunk Acquires Lumina CloudInfra to Expand Into Indian Data Centre Market
AirTrunk completed its acquisition of Lumina CloudInfra, gaining data‑centre assets in Mumbai, Chennai and Hyderabad and adding roughly 600 MW of planned capacity with up to $5 billion of future development potential. The deal, announced on Monday, marks AirTrunk’s entry into the...
REWE Group Reaches Agreement to Acquire up to 40 Tegut Stores From Migros
REWE Group announced it has reached an agreement with Switzerland's Migros to acquire up to 40 Tegut stores. The deal follows a sales process with multiple potential buyers and will expand REWE's presence in the German grocery market. Financial terms...
QIC Invests $15M in QMines' Mt Chalmers Project
Australian sovereign wealth fund QIC has committed $15 million to QMines for its Mt Chalmers mining project, fully funding the development through to final investment decision (FID).
Midi Health Raises $100M in Series D Funding
US‑based women's telehealth platform Midi Health announced a $100 million Series D round, bringing its valuation to $1 billion. The funding will support scaling its AI‑driven health platform, expanding insurance coverage for 45 million women and further product development.
Fervo Energy Files for IPO, Targeting $2‑3 B Valuation
Geothermal startup Fervo Energy filed its IPO on April 20, 2026, seeking a valuation of $2‑3 billion. The filing reveals 3.65 GW of geothermal capacity under development and a recent $421 million project financing for its Cape Station plant. The company aims to...
Injewelme Raises $1.2M in Funding Round Led by Temasek Trust's Catalytic Capital for Climate and Health
Singapore-based health‑tech startup injewelme announced it has closed a $1.2 million funding round, led by Temasek Trust’s Catalytic Capital for Climate and Health with participation from the Richardson Family. The capital will be used to advance its contactless health monitoring technology...
Piermont Valley to Combine with Tigerless Health in $280M Deal
Piermont Valley (ticker CMCAF) announced a $280 million combination with Tigerless Health, completing a SPAC merger. The deal merges the SPAC with the health-focused company, providing Tigerless Health with public market access.
Stearns County, Minnesota Issues $283.4M of GO Sales‑tax Revenue Bonds, Sold to BofA Securities
Stearns County, Minnesota, completed a $283.395 million sale of general‑obligation sales‑tax revenue bonds to BofA Securities. The bonds were issued across multiple maturities from 2027 to 2055. The transaction was reported as part of Monday’s new‑issue market, with little movement in...
Kraken Robotics Acquires UK Underwater Sensing Firm for $442M
In March 2026, Canadian marine‑sensing company Kraken Robotics announced the acquisition of a UK‑based underwater sensing firm for a reported C$615 million (≈$442 million). The deal expands Kraken’s global maritime capabilities and aligns with Canada’s new defence industrial strategy. The acquisition was...
Standing Ovation Raises $34.2M Series B to Bring Fermentation-Derived Casein to US Market
Paris‑based Standing Ovation closed a $34.2 million Series B round, co‑led by Bpifrance’s Ecotechnologies 2 fund and Crédit Mutuel Innovation, with participation from Danone Ventures, Bel Group and Bpifrance’s non‑dilutive financing. The funding will be used to scale its precision‑fermentation casein production and...
Lacasa Acquires 22.3% Stake in KKO International for $5.5M
Spanish confectioner Lacasa has purchased a 22.3% stake in France‑listed cocoa processor KKO International, subscribing to a capital increase of just under €4.7 million ($5.5 million). The investment, paid partly in cash and partly by offsetting receivables, will also lead to a...
ModMed Acquires Bonsai Health to Accelerate Agentic AI in Specialty Medicine
ModMed, a specialty EHR and software provider backed by Clearlake Capital, has acquired Bonsai Health, an AI-driven patient engagement platform. Financial terms were not disclosed. The deal will integrate Bonsai's agentic AI engine with ModMed's Klara suite to boost patient...
Montgomery Group Acquires Halldale Group and Sustainable Aviation Futures to Diversify Revenue
London-based Montgomery Group announced the acquisition of Halldale Group, a B2B media and events business serving aviation training, and Sustainable Aviation Futures (SAF), which runs global conferences on decarbonising aviation. The deals, funded with cash and a £2 million loan, aim...
Samsung Biologics Acquires GSK's Vaccine R&D Assets for $280M
South Korea’s Samsung Biologics agreed to purchase the vaccine R&D facility assets of UK‑based GSK in Maryland for $280 million, marking the biotech giant’s entry into the US market. The transaction was secured by Maryland state and county officials after GSK...
Lack Enterprises Acquires Equity Stake in IGCS International
Lack Enterprises, a family-owned advanced manufacturer, announced it has acquired an equity stake in IGCS International, a veteran-owned provider of mission support and MRO supplies to the U.S. Department of Defense. The strategic investment combines IGCS's government supply-chain expertise with...
Cala Health Secures $50M Growth Capital From Trinity Capital
Cala Health, a California-based bioelectronic medicine company, announced it has secured $50 million in growth capital from alternative asset manager Trinity Capital. The funding will support commercial expansion and product innovation for its wearable neuromodulation therapy targeting tremor disorders. The round...
Acorn Capital to Acquire MTI Aviation
Acorn Capital announced it will acquire MTI Aviation, a platform in the aerospace and defense sector. The acquisition aligns with Acorn's strategy of investing in highly differentiated aerospace and defense businesses with strong growth potential. Financial terms were not disclosed.
Abu Dhabi Raises $4 Billion in Private Placement
Abu Dhabi raised around $4 billion from investors in a private‑placement transaction arranged by banks including Goldman Sachs earlier this month, as the emirate seeks to shore up its foreign‑currency reserves amid dollar stress caused by the Iran‑UAE conflict. The funds...
Gallagher Acquires U.K. Commercial Broker
Insurance broker Gallagher announced the acquisition of a U.K.-based commercial brokerage, expanding its presence in the British market. Financial terms were not disclosed.
QXO to Acquire TopBuild in $17 Billion Deal
QXO Inc. announced it will acquire insulation company TopBuild Corp. for about $17 billion, offering $505 per share, a 23% premium. The transaction will be financed with up to 45% cash and the remainder in QXO stock, making QXO the second‑largest...
Rhea Space Activity Secures $6M Series A to Commercialize GPS-Free Spacecraft Navigation
Washington-based startup Rhea Space Activity closed a $6 million Series A round, backed by Boston Global Space Tech Investors, Iron Prairie Ventures, Blackbird Capital Group, Purdue Research Foundation, New Mexico Vintage Fund and SpaceFund. The funding will be used to...
Black Swan Graphene Completes Acquisition of Falpaco Rubber and Plastic for $9.2M
Black Swan Graphene announced the completion of its acquisition of Falpaco Rubber and Plastic Inc., a Quebec‑based injection‑molding specialist, for a total consideration of approximately $9.2 million. The deal adds downstream manufacturing capabilities to Black Swan’s graphene portfolio, aiming to accelerate...
JSW Steel and Posco Approve $61M Joint Venture for 6 Mtpa Steel Plant in Odisha
JSW Steel's board approved a 50:50 joint venture with South Korea's Posco to build a 6 million tonne per annum integrated steel plant in Odisha. Posco will invest approximately $61 million for a 50% stake in Saffron Resources, the JV...
BDO Issues $450M Standby Letters of Credit to Fund First Gen's 33% Stake Acquisition in Prime Hydropower Energy
BDO Unibank issued standby letters of credit worth $450M (split into $180M and $270M) to fund First Gen Corp's acquisition of a 33% stake in Prime Hydropower Energy. The financing is conditioned on the continued leadership of Federico “Piki” Lopez...
Julien Farel Group Acquires La Caresza Salon Property in Southampton
Julien Farel Group, led by Julien and Suelyn Farel, completed the acquisition of the former La Caresza Salon location in Southampton in April 2026. The deal, closed within 24 hours, enables the brand to open its third salon and spa...
Brennan Investment Group Acquires Two Logistics Buildings in Goodlettsville, Tennessee
Chicago-based Brennan Investment Group announced the completion of its acquisition of two newly built logistics buildings totaling 225,000 square feet in Goodlettsville, Tennessee. The properties, located near Interstate 65, were 30% leased at the time of sale. The deal underscores...
GDA Luma Acquires Pat McGrath Labs Emerging From Bankruptcy
Pat McGrath Labs, the high‑end cosmetics brand, has emerged from bankruptcy after a U.S. judge approved its restructuring. The deal sees GDA Luma taking control of the brand as its new owner. Deal terms were not disclosed.
Pensana Receives $15M First Tranche of Cascade’s $165M Investment for Angola Rare Earth Project
Pensana announced it has received the first $15 million tranche of a planned $165 million investment from Cascade to fund its rare earth mining project in Angola. The funding marks the start of a multi‑year financing effort to develop the...
Caledonia Mining Corp Raises $150M via Convertible Bond, Oversubscribed to $600M
Caledonia Mining Corporation issued a US$150 million convertible bond, attracting demand of over US$600 million. The oversubscribed transaction highlights strong investor confidence in the company's operations at its Blanket Mine and the upcoming Bilboes Gold project. Analysts note the bond reflects company...
Orica Acquires Danafloat to Expand Specialty Chemicals Division
Australian chemicals and explosives company Orica announced the acquisition of Danafloat, a specialist in copper processing chemicals. The deal expands Orica's specialty chemicals division and strengthens its position in the copper market. Financial terms were not disclosed.
RBC Hospitality Group Acquires Woody's Ocean Grille in Sea Bright, NJ
RBC Hospitality Group has completed the acquisition of Woody's Ocean Grille in Sea Bright, New Jersey. The sale was brokered by Bielat Santore & Company, with RBC Hospitality Group becoming the new owner and planning to keep the restaurant open...
VivaJets Secures $15M Credit Facility to Open Abidjan Hub
Falcon Aerospace, the parent of Lagos‑based charter operator VivaJets, secured a $15 million credit facility from TLG Capital, Premium Trust Bank and Access Bank UK to fund a new hub in Abidjan and expand maintenance and corporate‑aviation services across Francophone West...
Atom Completes Two Acquisitions as Part of National Growth Plan
Atom announced the completion of two acquisitions, expanding its operations under a national growth strategy. The deals were reported on April 17, 2026, but details on the target companies and deal values were not disclosed.
Nippon Express to Acquire Metro Supply Chain for $1.6 Billion
Nippon Express Holdings Inc. announced it will acquire Canada‑based Metro Supply Chain Group for up to $1.6 billion, comprising an enterprise value of C$1.8 billion and a conditional cash payment of C$400 million. The deal is expected to close between July and December...
Reforged Studios Raises $30M Growth Investment Led by MEP Capital Management
Malta‑based Reforged Studios announced it has secured $30 million in growth investment, led by New York‑based MEP Capital Management. The funding will accelerate its platform to acquire and extend the lifecycle of indie game IPs, adding titles such as Bridge Constructor, Pumpkin...
Zurich Closes $150M Catastrophe Bond for U.S. Storms and Earthquakes
Zurich has closed a $150 million catastrophe bond (Turicum Re Ltd. Series 2026-1) covering U.S. named storms and earthquakes, marking its return to the insurance-linked securities market since 2012. The bond was fully placed at target capacity and below guidance...
HOCCO Ice‑Cream Raises $12.5M From Sauce.VC
HOCCO Ice‑Cream, an Indian ice‑cream maker, raised ₹100 crore ($12.5 M) from venture capital firm Sauce.VC as part of its Series C round, valuing the company at ₹2,500 crore. The funding will be used to expand capacity, distribution, branding and marketing, with the company...
IndiGo Ventures Invests in Sarla Aviation to Launch India’s First Nationwide Air‑taxi Network
IndiGo Ventures has made a strategic equity investment in Sarla Aviation, marking the first step toward building India’s first nationwide air‑taxi network. The funding will support eVTOL service development and the evaluation of vertiport integration at Cochin International Airport. The...
Robex Resources Completes $2.4bn Merger with Predictive Discovery
Robex Resources and Predictive Discovery completed a $2.4bn merger, creating a combined entity that leverages Robex’s Kiniero mine ramp‑up and Predictive’s 5Moz Bankan resource. The deal, announced as the latest closed transaction in the ASX gold sector, positions the new...
Eden Innovations Raises $4.05M in Institution-Led Placement to Fund EdenShield Defence Division
Eden Innovations (ASX: EDE) launched its EdenShield division targeting defence and critical‑infrastructure markets and announced a $4.05 million institution‑led placement of 22.5 million shares at $0.18 each, with cornerstone participation from L1 Capital Global Opportunities Master Fund. Proceeds will accelerate EdenShield’s expansion...
Buru Energy Raises A$5.3M (≈$3.5M) in Institutional Placement
Australian junior energy company Buru Energy announced it has raised A$5.3 million (≈$3.5 million) through a two‑tranche institutional placement to fund its Rafael gas project in Western Australia. The proceeds will support working capital, environmental approvals, land access, and engineering work ahead...
Higginbotham Acquires Alabama-Based Harmon Dennis Bradshaw Agency
Texas‑based insurance broker Higginbotham announced it has acquired independent agency Harmon Dennis Bradshaw Inc., which operates in Alabama and Georgia. The deal, disclosed in a news release this week, adds HDB’s offices in Birmingham, Montgomery, Troy and Duluth to Higginbotham’s...
HT Drinks Acquires Compass Supply Solutions, Appoints Former Majestic COO Rob Cooke as Managing Director
HT Drinks announced the acquisition of Compass Supply Solutions, a global travel retail company, and appointed former Majestic COO Rob Cooke as CSS managing director. The deal aims to strengthen HT Drinks' international growth and expand its supply of food...
CleanPeak Energy Acquires Sustainable Energy Infrastructure (SEI)
Sydney‑based CleanPeak Energy announced it has signed an agreement to acquire 100% of Sustainable Energy Infrastructure (SEI), adding 71 MW of solar and 42 MW of battery capacity to its portfolio. The deal expands CleanPeak’s national footprint and strengthens its ability to...
Teradyne Acquires TestInsight to Boost AI and Data Center Test Solutions
Teradyne Inc. announced the acquisition of TestInsight, a semiconductor test development and validation software provider, to enhance its design‑in capabilities for AI and data‑center markets. The deal will integrate TestInsight’s pattern conversion and virtual test tools with Teradyne’s ATE platforms,...
Boston Scientific to Acquire Penumbra in Mixed Cash‑Stock Deal
Boston Scientific Corporation announced it will acquire Penumbra, Inc., with shareholders set to vote on the merger on May 6, 2026. The deal offers a mixed cash‑stock consideration of $374 per Penumbra share or 3.8721 Boston Scientific shares, representing a 73.26% cash...
Vion Food Group Sells Two German Slaughterhouses to Boeser Frischfleisch and OSI Europe Foodworks
Vion Food Group announced it has entered a principal commercial agreement to divest its Waldkraiburg beef plant and Crailsheim pork and beef facility in Germany to Boeser Frischfleisch and OSI Europe Foodworks, respectively. The share deals are pending regulatory approval...
GID Acquires Metro Mission Valley Luxury Apartment Community in San Diego
GID completed the acquisition of Metro Mission Valley, a 305‑unit luxury apartment community in San Diego. The sale was closed by Berkadia on behalf of the seller. The purchase price was not disclosed.
Kering to Acquire Minority Stake in Shanghai's Icicle Fashion Group
Kering announced it will acquire a minority stake in Shanghai-based Icicle Fashion Group as part of its strategy to revamp Gucci's presence in China. The move aims to strengthen Kering's foothold in the Chinese luxury market. Deal terms and valuation...