Know What's Happening in M&A
Know What's Happening in M&A
SolarPower Europe unveiled two technical due‑diligence reports aimed at utility‑scale hybrid solar‑PV and battery energy storage projects. The “Technical Due Diligence Best Practice Guidelines” and the third‑edition EPC Best‑Practice Guidelines provide a lifecycle framework covering planning, construction, operation and decommissioning, with new sections on biodiversity and cybersecurity. Developed by a workstream of more than 30 sector experts, the documents were launched at the Solar Quality Summit in Barcelona. They signal the growing maturity of hybrid projects as a core component of Europe’s clean‑energy transition.
Verdiva Bio, an obesity‑focused biotech, is gearing up for a data‑heavy 2026, with Phase 2 results for its lead long‑acting peptide slated for the third quarter. The company is also courting strategic partnerships, eyeing potential deals with major pharma players after...
Mergers and acquisitions are fundamentally change initiatives, yet many firms neglect dedicated change management. Appointing a specialized change manager transforms integration from ad‑hoc tasks into a value‑creation engine, especially after the deal closes. A proven methodology—interviews, surveys, reporting, action plans,...
Activist investor Nelson Peltz, through Trian Fund Management, has filed with the SEC stating Wendy’s is significantly undervalued and signaling possible actions, including buying more shares to gain control or divesting his stake. The fast‑food chain’s stock has slumped about...
Visa announced it will reacquire Argentina’s Prisma Medios de Pago and Newpay from Advent International, bringing the payment processors back under its control. The acquisition, expected to close by the end of March, restores Visa’s card‑issuer processing, real‑time payments, ATM...
Is Malaysia about to witness a construction monopoly? A "too big to fail" monopoly. 🏗️ The proposed Sunway-IJM merger is under fire for its potential to stifle competition and inflate costs. Here is the 5-point TL;DR on why this deal needs a rethink. 🧵👇
A private‑equity roll‑up consolidates multiple small firms in fragmented industries to create a larger, more efficient platform. The strategy hinges on selecting sectors with stable cash flows, acquiring a platform company, and adding bolt‑on targets while standardizing operations. Benefits include...
2 Sisters Food Group, through Boparan Private Office, has acquired German turkey and chicken processor Heidemark for an undisclosed amount. Heidemark, which generates roughly €760 m in annual sales and employs 2,300 staff across five sites, will operate under the Storteboom...
nexfibre will finance the fibre upgrade of roughly 2.1 million Virgin Media O2 (VMO2) coax‑served homes that sit alongside the newly acquired Netomnia footprint. VMO2 will pay wholesale fibre‑access fees once the XGS‑PON network is live, with most deployments expected by...
The UK Competition and Markets Authority (CMA) has moved the Getty Images‑Shutterstock merger into Phase 2, issuing an interim report that identifies competition concerns in the supply of editorial content within the United Kingdom. The regulator concluded that the global stock‑image...
Deutsche Börse is acquiring Allfunds for €5.3B, marking the largest infrastructure deal of 2026. Advancing towards a vertically integrated Digital Market Infrastructure (DMI). From clearing to owning the digital ledger of the entire fund lifecycle. Deutsche Börse Group and Allfunds Group Sign...
$LSBK has performed well over the 6 months since Stillwell filed a 13D (+22%) Stillwell (owns ~10%) is making his next move: nominating a director for the 2026 AGM and pushing for buybacks while the stock trades below TBV. He also warned...
Senate Democrats are intensifying pressure on Paramount CEO David Ellison after he refused an in‑person antitrust hearing on the proposed takeover of Warner Bros. Discovery. The senators, led by Chuck Schumer and Cory Booker, accused Ellison of a "pattern of...
.@AirbusSpace, after annus horribilis in 2024, reports 16% increase in revenue and return to profitability in 2025. Parent @Airbus says preparations for space merger with @Thales_Alenia_S @LDO_Space continue. @defis_eu @esa @EutelsatGroup. https://t.co/hqR8FTeOcS https://t.co/R22dQJ3mJk
Scopely announced a majority‑stake acquisition of Istanbul‑based Loom Games, the studio behind the mobile puzzle title Pixel Flow, at a valuation exceeding $1 billion. Pixel Flow, launched in late 2025, has already attracted more than ten million players worldwide. The financial...
Australian telehealth startup Eucalyptus is being acquired by NYSE‑listed Hims & Hers for $1.15 bn, valuing the company at A$1.6 bn. The deal includes an upfront $240 m payment and deferred cash or stock plus earn‑out provisions through 2029. Eucalyptus reports an ARR north...
MCR Property Group has unveiled Flow Student, a purpose‑built student accommodation platform valued at £360 million in gross development value. The platform currently operates roughly 6,000 beds across six UK cities and aims to reach 15,000 beds – a £1 billion portfolio...
RaceTrac bought Potbelly for $566 million but will not install a sandwich shop in every convenience store. Senior vice‑president Jennifer Durham says the rollout will be selective, starting with a pilot company‑owned location in Atlanta. The acquisition’s core purpose is to...
Carlyle’s Taj Sidhu expressed optimism about Europe’s private‑debt market, citing strong borrower resilience and attractive financing conditions. He highlighted low‑interest‑rate environments and a growing pipeline of mid‑market deals as catalysts for continued asset growth. Meanwhile, Configure’s latest M&A snapshot described...
eBay announced a $1.2 billion cash acquisition of Depop, the mobile fashion resale platform, from Etsy. Freshfields LLP is advising eBay, while Fenwick & West represents Etsy. The deal aims to strengthen eBay’s appeal to younger, Gen‑Z shoppers and expand its...
Getty Images announced a $3.7 billion acquisition of Shutterstock, aiming to create a global leader in stock photography. The UK Competition and Markets Authority (CMA) has issued a provisional assessment that the merger could restrict the supply of editorial images in...
Sony Music Group France announced the acquisition of Spookland, a Paris‑based independent label and publishing company best known for representing French singer‑songwriter Jain. The deal, whose financial terms were undisclosed, transfers recorded‑music and publishing rights, as well as the full...
The Competition and Markets Authority (CMA) provides an independent Procedural Officer and, for newer regimes, a Procedural Complaints Adjudicator to resolve procedural disputes in competition, merger, digital markets and consumer enforcement cases. Parties must apply within five working days after...
Regional banks with $10‑$100 billion in assets leveraged mergers and acquisitions to outpace the broader market in 2025, boosting core deposits by more than 8% versus the industry’s 4% average. The 27 midsize lenders that completed deals saw a collective 29%...
One of the best deep dives I’ve seen recently is on the “boring” propane industry, by Emeth Value Capital. Covers regulation, supply & demand, and detailed public company breakdowns. Also part of the $SPB.TO pitch. If you like learning new industries, this...
Covetrus and Cencora have signed a definitive agreement to merge Covetrus with MWI Animal Health, creating a unified animal‑health platform valued at $3.5 billion. Cencora will receive $1.25 billion in cash, $800 million of preferred equity and $1.45 billion of common equity, securing a...
Nestlé reported 3.5% organic growth for 2025, with real internal growth rising 0.8% and free cash flow reaching CHF 9.2 bn. CEO Philipp Navratil outlined a sharpened portfolio strategy centered on coffee, petcare, nutrition and food‑&‑snacks, while preparing to spin off the remaining...
Not much News again. All these Takeovers and changes of Listing Venue have really hollowed out the UK market.
In this episode Birgitta and Lars Elfversson share hard‑earned lessons from building and governing multiple roll‑up platforms, emphasizing the need for disciplined guardrails in high‑volume acquisition programs. They explain why small pipelines create decision pressure, how subtle drift can reshape...
NRW Holdings announced that its acquisition of Fredon Industries for $200 million is driving a significant upgrade to its FY2025‑26 outlook. The diversified service capabilities are expected to boost revenue guidance by roughly 12% and lift earnings per share by about...
Virgin Media O2 and Nexfibre’s consortium is buying Netomnia for £2 billion, adding a 3.07 million‑premise full‑fibre footprint. Overlap analysis shows 0.38 m sites already in Project Mustang, 0.22 m in Project Lightning, 0.16 m in Nexfibre, and 1.77 m with only DOCSIS 3.1 coax. Post‑deal, VMO2’s...
In this episode, host Tom Hunt talks with B2B growth expert Nick Hague about scaling a consultancy to £20 million in revenue and the strategic sale to Dentsu. Hague shares how a focus on customer experience, repeatable frameworks, and disciplined cash‑flow...
Blackstone announced the acquisition of Champions Group, a leading home‑services provider, while Odyssey and its management retain a minority stake. Simultaneously, the firm is leading a financing round of more than $1 billion for Neysa to build India’s premier AI‑infrastructure platform....
McKinsey’s latest survey shows generative AI is reshaping M&A, delivering roughly 20% cost savings and accelerating deal cycles by 30‑50%. While 42% of respondents believe AI can transform the transaction process, only 30% are using it at moderate to high...
Private equity firms EQT AB and Vitruvian Partners have engaged Evercore and Goldman Sachs to explore a sale or initial public offering of cyber insurer CFC, targeting a valuation around £5 billion. The advisers are assessing both London and New York as...
Technology private equity deal activity surged in 2026, with total deal value climbing 67.4% year‑over‑year while the number of transactions rose a modest 13.4%. The gap between value and count indicates that firms are executing larger, mega‑cap deals rather than...
Blue Owl is permanently halting redemptions at its inaugural non traded private credit fund for retail investors as part of a plan to instead sell down assets over time. With @EricGPlatt https://t.co/GmiIAdaLVK
Omnicom reported Q4 results after closing its $13.5 billion acquisition of Interpublic Group, positioning AI as the chief growth driver for the merged firm. The company highlighted its Omni platform, now integrated with Acxiom’s Real ID and Flywheel’s Commerce Cloud, to...
Omnicom reported its first earnings after completing the $13.5 billion acquisition of IPG, positioning AI as the core growth engine for the combined firm. The company highlighted its Omni platform, now linked with Acxiom’s Real ID and Flywheel’s Commerce Cloud, to...
Home‑based care providers are shifting from a broad geographic footprint to an operational‑density model, making clustered agencies the cornerstone of growth. LiveWell Partners emphasizes expanding density within states it already serves, exemplified by its recent acquisition of Empower Home Health...
Onto Innovation reported Q3 2025 revenue of $218.2 million, surpassing the midpoint of its guidance, with a 54% gross margin and 21.1% operating margin. Advanced nodes contributed $54 million and are projected to reach $300 million for the full year, while specialty packaging...
PTC Therapeutics announced a definitive agreement to sell its Kepware and ThingWorx businesses to TPG for up to $725 million, shifting focus to its core CAD, PLM, ALM, and SLM platforms. The company reported 8.5% constant‑currency ARR growth to $2.446 billion and...
Etsy announced the sale of its Depop platform to eBay for $1.2 billion, positioning the company to focus exclusively on its core marketplace. Q4 2025 delivered record revenue of $882 million and GMS of $3.6 billion, marking the first positive marketplace growth since...
Axcelis Technologies reported Q4 2025 revenue of $238 million and non‑GAAP EPS of $1.49, both surpassing internal forecasts, driven by a record $82 million CS&I aftermarket performance and a favorable product mix. Bookings rose to $128 million and the company exited the quarter...
Gentherm reported record $1.5 billion revenue for 2025, a 2.9% increase, and secured $2.2 billion of automotive new‑business awards, including $485 million in Q4. Adjusted EBITDA fell to $175 million (11.7% of sales) amid higher material costs, while operating cash flow rose 7% to...
InvenTrust Properties Corp. reported a robust 2025 year, delivering 5.3% same‑property NOI growth and a 6.2% rise in NAREIT FFO to $1.89 per share. The REIT completed $460 million of Sunbelt‑focused acquisitions while maintaining sector‑low leverage, with net debt to adjusted...
Neon is in negotiations to sell a significant, undisclosed stake to Department M, a production company founded in 2024 by former AGBO president Mike Larocca and ex‑New Regency chief Michael Schaefer. Backed by a private‑investor consortium, Department M brings a slate that includes Steven...
Etsy announced it will sell its second‑hand fashion app Depop to eBay for $1.2 billion in cash. Depop, which posted roughly $1 billion in gross merchandise volume and 7 million active buyers in 2025, was acquired by Etsy in 2021 for $1.62 billion. The...
Nursing home operators are slowing mergers and acquisitions in 2026 as inflated asset prices and an aging facility stock raise concerns about long‑term sustainability. Leaders such as A.G. Rhodes, Diversicare and Focused Post‑Acute are prioritizing capital for modernization, data analytics...
United Airlines CFO Michael Leskinen hinted at a possible United‑JetBlue merger during a Barclays conference, suggesting the airline sees value in industry consolidation. He also disclosed that United will ground its Pratt & Whitney‑powered 777 fleet this summer, temporarily curbing...
