Oaktree-Backed GA Group Scoops up G2 Capital Advisors
GA Group, a provider of advisory, valuation, field exam, liquidation and real estate services, announced the acquisition of G2 Capital Advisors. The deal is backed by private‑equity firm Oaktree Capital, underscoring its confidence in GA Group’s growth strategy. By integrating G2’s specialist capabilities, GA Group expands its service portfolio and geographic reach. The transaction signals a broader consolidation trend among mid‑market advisory firms.
From Land Grab to Structured Scale: Kirkland & Ellis Explains How Capital, Power, and Deal Complexity Are Defining the AI...
Kirkland & Ellis partners Melissa Kalka and Kimberly McGrath explain that the AI data‑center boom has moved beyond the initial land‑grab into a phase where power certainty and execution risk dominate dealmaking. Capital remains abundant, but investors now pull money earlier,...
Empath Health, Trustbridge Solidify Affiliation
Empath Health and Trustbridge have completed a two‑year affiliation, creating Empath Trustbridge Hospice, which now cares for roughly one‑in‑five hospice patients daily in Florida. The merged nonprofit combines the reach of multiple hospice foundations, serving over 100,000 patients across a...
Gulf Backers Invest $24 Billion in Paramount’s Deal for Warner Bros.
Paramount Skydance secured roughly $24 billion from Gulf sovereign‑wealth funds to finance its $110 billion acquisition of Warner Bros. Discovery. Saudi Arabia’s Public Investment Fund will provide about $12 billion, while Abu Dhabi and Qatar each pledge $6 billion. The deal also relies on $45.7 billion...
Bill Ackman Strikes a Chord with Universal Bid
Bill Ackman’s Pershing Square has unveiled a multi‑billion‑dollar bid for Universal, offering a premium that exceeds the current market valuation. The proposal targets Universal’s music‑streaming, publishing and recorded‑music divisions, which Ackman argues are undervalued. The bid, if accepted, would represent...
Aldermore Bank Put up for Sale After Owner Attacks UK Car Finance Redress Scheme
Aldermore Bank, a UK specialist lender, is being put up for sale after its majority owner, private‑equity firm TDR Capital, launched a legal challenge against the FCA’s car‑finance redress scheme. The owner claims the scheme could impose up to £1 billion...
BPOC Sells Medical Device Firm Midwest Products & Engineering
BPOC has finalized the sale of its medical‑device subsidiary, Midwest Products & Engineering, to private‑equity firm Graham Partners. The transaction transfers ownership of Midwest's manufacturing capabilities and client base to the new buyer. BPOC will use proceeds to refocus on...
Keurig Dr Pepper Acquires JDE Peet’s
Keurig Dr Pepper (KDP) announced it has acquired 96.22% of JDE Peet’s shares, creating a combined coffee powerhouse. The deal will be followed by a detailed integration focused on operational excellence, synergy capture, and leadership alignment. KDP plans to separate into...
Blackstone and TPG Complete Take-Private Buyout of Women’s Health Firm Hologic
Blackstone and TPG have completed the take‑private acquisition of Hologic, a leading women's health diagnostics company. The transaction values Hologic in the multi‑billion‑dollar range, reflecting strong demand for health‑tech assets. A subsidiary of the Abu Dhabi Investment Authority and an...
Gilead to Acquire Tubulis for Up to $5B, Expanding Cancer ADC Capabilities
U.S. drugmaker Gilead Sciences announced a definitive agreement to acquire German ADC specialist Tubulis for up to $5 billion, including $3.15 billion upfront cash and up to $1.85 billion in milestones. The acquisition brings Tubulis’ next‑generation antibody‑drug conjugate platform, highlighted by the TUB‑040...
Commerzbank Clashes with UniCredit over Failed Takeover Talks
Commerzbank and Italy's UniCredit entered exclusive talks to merge their German retail banking units, aiming to create a top‑three German lender. Negotiations collapsed after both sides could not bridge a valuation and governance gap, with UniCredit accusing Commerzbank of stalling...
Gilead Buys Tubulis to Boost ADC Platform
Gilead Sciences announced a definitive agreement to acquire Germany‑based Tubulis for up to $5 billion, adding a clinical‑stage antibody‑drug conjugate (ADC) pipeline and a next‑generation linker‑payload platform. The deal brings Tubulis’ lead candidate TUB‑040, a NaPi2b‑targeting ADC in phase 1b/2 for platinum‑resistant...
Terns Rebuffed a Higher Bid Before Selling to Merck
Terns Pharmaceuticals accepted Merck & Co.'s $53‑per‑share, $6.7 billion buyout, a price roughly 15% below an earlier $61 offer from an unnamed Party C. Party C’s proposal included a contingent $9‑per‑share payout tied to FDA approval of TERN‑701, but it withdrew after updated...
Gilead Buying Tubulis and Its ADCs in $5B Takeover Bid
BioWorld’s April 7 briefing spotlights three notable biotech developments. Researchers at Jiangsu and Shanghai Hengrui have patented selective Nav1.8 sodium‑channel blockers that deliver strong analgesic effects with minimal off‑target activity, opening a potential new class for chronic pain. Parallel studies reveal...
Olaplex to Be Acquired by Germany’s Henkel for $1.4B
Olaplex Holdings agreed to be acquired by Germany‑based Henkel for $2.06 per share, valuing the hair‑care brand at roughly $1.4 billion. The transaction, approved by Olaplex’s board and majority owner Advent International, is slated to close in the second half of...
H.I.G.-backed Vernacare Scoops up Eakin Surgical
Vernacare, backed by private equity firm H.I.G., announced the acquisition of Eakin Surgical, a UK manufacturer of single‑use surgical instruments and procedure solutions. The deal adds a proven line of disposable tools to Vernacare’s existing portfolio, strengthening its foothold in...
Why an Airport Water-Art Display May Spark US Airline Consolidation
A new water‑art installation at a major U.S. airport is reshaping passenger flow and gate desirability, prompting airlines to vie for visibility near the attraction. The display is expected to boost dwell time and ancillary spend, making gate locations more...
Gilead Continues M&A Surge with $3.1B Deal for ADC Specialist Tubulis
Gilead Sciences announced a deal to acquire German biotech Tubulis for $3.15 billion upfront, potentially rising to $5 billion with milestones. The purchase adds a next‑generation antibody‑drug conjugate (ADC) platform and two clinical candidates, TUB‑040 and TUB‑030, to Gilead’s oncology pipeline. This...
YMCA Charities Merge
YMCA Milton Keynes and YMCA Northamptonshire have merged to form YMCA South Midlands, with legal completion last week and full integration slated for September. The combined entity brings together £4.6 m (≈$5.8 m) in income and 80 staff from Milton Keynes with...
Terns Sold to Merck for 13% Lower than Pharma's Initial Offer because of Clinical Data
Merck agreed to acquire Terns Pharmaceuticals for $6.7 billion, a price roughly 13% lower than its initial offer after new clinical data raised concerns. The renegotiated deal reflects the impact of late‑stage trial results on valuation in the biotech M&A wave....
Arby's Bought This 1980s Cinnamon Roll Chain In The '90s
In 1996 Arby’s acquired the 1980s cinnamon‑roll chain T.J. Cinnamons for roughly $9 million, aiming to strengthen its breakfast sales. By 1997 the fast‑food giant had installed bakery counters in more than 100 locations, offering rolls and specialty coffees. The partnership...
Agilitas Agrees to Sell Integris Composites to Triton Partners
Agilitas has agreed to sell its Integris Composites business to private‑equity firm Triton Partners. Integris specializes in custom, high‑performance lightweight composites designed for survivability in hostile environments. The transaction, though undisclosed financially, aligns with Agilitas’ strategy to streamline its portfolio...
Gilead Outlays $5bn to Acquire ADC Specialist Tubulis
Gilead announced a deal to acquire German ADC specialist Tubulis for up to $5 bn, with $3.15 bn paid upfront and up to $1.85 bn in milestones. The transaction, slated to close in Q2 2026, brings Tubulis' lead candidate TUB‑040—a NaPi2b‑directed topoisomerase‑I inhibitor in...
Sony to Acquire Machine Learning Company Cinemersive Labs
Sony Interactive Entertainment announced the acquisition of UK‑based machine‑learning firm Cinemersive Labs, a developer of six‑degrees‑of‑freedom 3D capture technology. The deal, disclosed on April 2, adds the startup’s portable rig and smartphone‑based generative‑AI capture system to Sony’s Visual Computing Group. Sony...
Blackstone and Tinicum Agree £1.4bn Deal for UK Aerospace Supplier Senior
Blackstone and Tinicum have agreed to acquire Senior, a UK aerospace components supplier, for roughly £1.4 billion. The partnership blends Blackstone's private‑equity resources with Tinicum's sector expertise, aiming to accelerate Senior’s growth in high‑value aircraft and defence programmes. Financing is expected...
Entrepreneur Acquires Honey Creek Legacy, Rebrands As Legacy Maker Farms
Entrepreneur Steven Hershberger led an investor group to acquire Honey Creek Legacy and rebrand it as Legacy Maker Farms, a premium USDA‑Prime beef producer based in Fairmount, Indiana. The company is deploying the AI‑powered predictive intelligence platform ELI, developed by...
UniCredit Tests Germany’s Resolve On Commerzbank
UniCredit has moved to cross the 30% ownership threshold in Commerzbank by offering a share‑swap that values the German lender at roughly €35 billion ($40.5 billion). The proposal, which includes a modest 4% premium, would trigger a compulsory bid and let UniCredit...
Barry Sternlicht’s LNR Sells Scribner Building to Aurora Capital for $54M
LNR Partners, a Starwood affiliate, sold the 597‑599 Fifth Avenue complex—including the historic 12‑story Scribner Building—to Aurora Capital for $54 million. The price reflects a roughly 35% discount to the $84 million valuation recorded after Starwood Property Trust’s January 2024 foreclosure. The...
Gilead Acquires German ADC Specialist Tubulis in US$5bn Deal
Gilead Sciences agreed to acquire German ADC specialist Tubulis for up to US$5 bn, including a US$3.15 bn cash upfront payment and up to US$1.85 bn in milestones. The deal brings Tubulis’s proprietary antibody‑drug conjugate platforms and two late‑stage assets—TUB‑040, a NaPi2b‑targeted topoisomerase‑I...
Heartwood-Backed VitalSpace Acquires Manufacturer BIG Enterprises
Heartwood-backed VitalSpace announced the acquisition of manufacturing firm BIG Enterprises, expanding its modular solutions portfolio. The deal, terms undisclosed, adds BIG Enterprises' production capacity and established client base to VitalSpace's platform. VitalSpace aims to integrate BIG's manufacturing expertise to accelerate...
Gamut to Acquire Acousti Engineering Company From Ardian
Construction services firm Gamut announced the acquisition of Acousti Engineering Company from private‑equity owner Ardian. Acousti specializes in ceiling, drywall, and flooring solutions for institutional and commercial customers throughout the southeastern United States. The transaction broadens Gamut’s product portfolio and...
Wealthspire Adds $1.9B Firm to Institutional Retirement Plan Business
Wealthspire, the newly aggregated RIA with $580 billion in assets, has acquired Indianapolis‑based Axia Advisory, adding $1.9 billion in AUM and expanding its institutional retirement‑plan capabilities. The acquisition brings Axia’s retirement‑plan design, fee analysis, QDIA consulting, and employee‑education services under the Wealthspire...
Deal Roundup: EQT Life Sciences Exits Tubulis to Gilead, Foresight Scores 4x Return Selling TES to Legrand
EQT Life Sciences has exited its minority stake in Tubulis, the German clinical‑stage biotech developing next‑generation antibody‑drug conjugates, selling the position to Gilead Sciences. The transaction adds a promising ADC platform to Gilead’s oncology portfolio. In a separate deal, private‑equity...
Billionaires Owning The Media - But Do They Rename The Media?
OpenAI announced the acquisition of TBPN, a tech‑focused video podcast network, signaling another billionaire‑backed entry into digital media. The move follows a long history of wealthy owners buying news outlets, from Jeff Bezos’s Washington Post purchase to Microsoft’s 1996 stake...
EdgeBeam Keeps Its First Acquisition in the Family
EdgeBeam Wireless, a broadcaster‑backed joint venture, has acquired Broadspan from Sinclair Broadcasting, adding a full control and data plane to its hybrid ATSC 3.0 and 4G network. Sinclair will keep exclusive international distribution rights to EdgeBeam’s software platform under a separate...
Fortenova Accepts Takeover Bid for Croatia Meat Group Pik Vrbovec
Croatia’s Fortenova Group has accepted Bosqar Invest’s binding offer to acquire 100 % of meat producer Pik Vrbovec, completing another step in its post‑Agrokor divestiture programme. The deal follows Fortenova’s debt‑cutting campaign that reduced gross debt to €650 m and its recent...
Modutec Acquires EOS Europe Stake
Modutec has acquired a majority shareholding in Aberdeen‑based EOS Europe, expanding its in‑house turnkey capabilities for energy and marine projects. The acquisition adds roughly 40 EOS employees, bringing the combined group to about 540 staff. EOS Europe’s portfolio includes hazardous‑area...
Unilever-McCormick Deal Puts Supply Chain Execution at the Center
Unilever plans to merge its food division with McCormick, creating a global platform that combines Knorr, Hellmann’s and McCormick’s spice and condiment brands. The deal targets roughly $600 million in annual cost savings through tighter procurement, manufacturing and transportation execution. By...
Gilead to Buy Germany’s Tubulis for up to $5 Billion to Boost Cancer Pipeline
Gilead Sciences announced it will acquire Germany‑based Tubulis GmbH for up to $5 billion, adding the biotech’s antibody‑drug conjugate (ADC) platform to its portfolio. The deal follows Gilead’s recent $7.8 billion purchase of Arcellx and a $2 billion acquisition of Ouro Medicines, reflecting...
Gilead Continues Dealmaking Streak with $3.15B Tubulis Buy for ADCs
Gilead announced its third acquisition of 2026, agreeing to pay $3.15 billion upfront for Tubulis, a German startup that has built a next‑generation antibody‑drug conjugate (ADC) platform. The deal includes a contingent earn‑out of up to $1.85 billion tied to future milestones....
Sysco Makes $29 Billion Deal to Acquire Restaurant Depot
Sysco Corp. agreed to acquire Jetro Restaurant Depot for $29.1 billion, using $21 billion of new debt, $1 billion cash, and issuing roughly 19.1% of its shares. The deal adds more than 160 warehouses across 35 states to Sysco’s network, expanding its reach...
Miyoko’s Plant-Based Butters, Cream Cheeses, Will Return to Shelves in May, Says New Owner
Miyoko’s core plant‑based butters and cream cheeses will return to select U.S. retailers in May after being acquired by Prosperity Organic Foods. The acquisition followed Miyoko’s entry into an Assignment for the Benefit of Creditors last November, ending a period...
SBA Communications Is on the Block – Report
SBA Communications, owner of over 44,000 tower and small‑cell sites, is evaluating a sale after Bloomberg reported preliminary interest from large infrastructure funds. The company’s enterprise value is estimated at roughly $37 billion, debt included. The news sparked an 18 % surge...
Where Premiums Will Be Paid: Fashion and Beauty M&A Trends
2025 reshaped fashion and beauty M&A as brands pursued scale, supply‑chain resilience, and AI‑driven capabilities. Flagship deals—Prada’s €1.25 bn (≈$1.35 bn) purchase of Versace, Caleres’ $105 m acquisition of Stuart Weitzman, and e.l.f. Beauty’s $1 bn buyout of Rhode—highlighted a premium on tech‑enabled, culturally resonant...
LatAm Cuisine Firm El Latino Signs Private-Equity Deal
El Latino, a Doral‑based Latin American food producer, has partnered with private‑equity firm Apex Capital to accelerate its U.S. expansion. The deal brings Apex’s food‑industry expertise, derived from Grupo Mariposa, while keeping founder María Elena Ibañez as president. El Latino’s...
OpenAI Seems to Think It Can Acquire Authenticity and Trust
OpenAI announced the acquisition of the technology podcast network TBPN for a reported "hundreds of millions of dollars," aiming to integrate its editorial team into OpenAI's broader communications strategy. The company pledged to preserve TBPN's editorial independence, positioning the move...
Ecology Group Snaps up Environmental Consultancy Wildwood Ecology
Ecology Group announced the acquisition of Wildwood Ecology, expanding its portfolio to seven environmental consultancies and reinforcing its ambition to become a market leader in ecological and environmental services. Wildwood, founded in 2008 and the UK’s first ecological consultancy to...
Savills’ $1.1B Eastdil Secured Buy Creates Some Tantalizing Possibilities
British real‑estate broker Savills completed a $1.1 billion acquisition of U.S. advisory powerhouse Eastdil Secured, securing a dominant position in the American capital‑markets segment. Eastdil, which generated $633 million revenue and $113 million EBITDA in 2025, contributed $4.4 billion in investment‑sales activity in 2024,...
Hood River Distillers Buys Crater Lake Spirits
Oregon‑based Hood River Distillers announced the acquisition of the Crater Lake Spirits portfolio from Bendistillery for an undisclosed amount. The deal adds gin, flavored vodka and rye whiskey, along with the Timberline Vodka and Forthwest Whisky brands, to HRD’s existing...
Cybersecurity Unicorn Torq Is in Talks to Acquire This AI Startup for $50 Million
Cybersecurity unicorn Torq, valued at $1.2 billion after a $140 million funding round, is in advanced talks to acquire Boston‑based AI security assistant Jit for about $50 million. The deal would merge Torq’s large security command center with Jit’s automated tools to create...