Craig Fox Acquires A CNY LPTV Property
Craig Fox, a veteran owner of Central New York radio stations, has agreed to purchase a low‑power television station serving the Syracuse market. The transaction was disclosed in FCC filings prepared by David Oxenford of Wilkinson Barker Knauer. While the purchase price was not disclosed, the filing confirms the deal is moving forward. This marks Fox’s first foray into television broadcasting in the region.
Sysco’s Bid for Restaurant Depot: Distribution Control Is Shifting
Sysco has announced a $29.1 billion bid to acquire Jetro Restaurant Depot, merging its delivery‑centric network with Depot’s cash‑and‑carry warehouse model. The combined platform would serve over 700,000 independent operators through mixed pick‑up and delivery options, targeting roughly $250 million in annual...
Sushi Suppliers Eat Happy, Hana Discuss Merger
Germany's Eat Happy Group and Hana Group's European sushi operations are negotiating a merger, backed by a strategic investment from One Rock Capital Partners. The combined entity would cover roughly 5,800 points of sale across 14 European countries, linking Hana's...
Phantom Space Acquires Thermal Management Technologies
Phantom Space announced the acquisition of Thermal Management Technologies (TMT), a specialist in satellite thermal components, to strengthen its in‑orbit data‑center project called Phantom Cloud. TMT will operate as a Phantom subsidiary with founder Scott Schick remaining as general manager,...
Publicis Groupe Acquires 160over90 to “Disrupt” Sport Sector
Publicis Groupe announced the acquisition of 160over90, a specialist sports‑marketing agency, to accelerate its push into the sports sector. CEO Arthur Sadoun described sports as the network’s “next big bet,” while Suzy Deering, head of Publicis Sports, will oversee the...
How the Sysco-Restaurant Depot Deal Will Affect Operators
Sysco announced a pending acquisition of Restaurant Depot, a bulk‑food retailer, sparking debate among industry stakeholders. Technomic’s distribution expert David Henkes discussed the deal on the A Deeper Dive podcast, highlighting potential FTC scrutiny and opposition from independent operators. The...
LY Corp Acquires Majority Stake in Kakao Games with $198m Investment
LY Corporation, the former LINE Yahoo, is investing roughly ₩300 billion (about $198 million) to become the largest shareholder of Kakao Games. The deal, executed through the LAAA Investment vehicle, combines a stake purchase, new share issuance, and convertible bonds, and is slated...
Princes Group Lines up Inaugural Acquisitions as Public Company
Princes Group raised £400 million in its 2025 London IPO and is now pursuing a deal‑led growth strategy aimed at adding £1‑1.5 billion of revenue through acquisitions. The company is eyeing two divestment assets from multinationals and a smaller entrepreneurial firm, while...
TotalEnergies, Masdar Establish US$2.2 Billion Asia Renewables Partnership
TotalEnergies and Masdar have formed a $2.2 billion 50‑50 joint venture to develop on‑shore solar‑PV, wind and battery‑storage projects across nine Asian countries. The new entity combines roughly 3 GW of operational assets with a 6 GW pipeline slated for completion by 2030....
Flutterwave Secures Nigerian Banking Licence After Crossing $40 Billion in Lifetime Payments
Flutterwave has obtained a national micro‑finance banking licence in Nigeria after acquiring open‑banking startup Mono, allowing it to hold deposits and issue loans directly. The move follows $40 billion in lifetime payments processed through its platform and eliminates reliance on third‑party...
Unilever and McCormick Shares Tumble as Investors Baulk at Food ‘Megamerger’
U.K. consumer‑goods giant Unilever agreed to sell its food division to U.S. spice leader McCormick in a £33.7 billion cash‑and‑equity transaction that will create a new food‑manufacturing powerhouse. The deal leaves Unilever with a 65% stake in the spin‑off while McCormick...
Modern Wealth, Socium Announce $1B+ Deals with Entries Into New Markets
Modern Wealth Management acquired Legacy Wealth Management, adding roughly $1.2 billion in assets and establishing its first Florida office while expanding retirement‑plan capabilities with $300 million of plan assets. Socium Advisors merged with Amplify Wealth Partners, bringing $1.6 billion in assets and a...
Deal Roundup: Hg Takes OneStream Private at Roughly $6.4bn Equity Valuation, Oak Hill Buys Into Guild Garage Group
Hg has completed an all‑cash take‑private acquisition of OneStream, valuing the enterprise finance management platform at roughly $6.4 bn in equity. The transaction adds a leading cloud‑based corporate performance management solution to Hg’s technology portfolio. By buying the company outright, Hg...
McCormick Bets On Flavour In Unilever Tie-Up Amid Shifting Tastes
McCormick announced a merger with Unilever’s food division, forming a $65 billion sauce‑and‑spice powerhouse. The deal aims to capture growing global demand for flavorful, low‑calorie products as GLP‑1 weight‑loss drugs reshape eating habits. It also gives McCormick access to Unilever’s extensive...
Right Bank Château Extends with Acquisition of Its Neighbour
Right Bank estate Château des Mille Anges has purchased neighboring Château Génisson, adding 25 ha to its holdings near Cadillac‑sur‑Garonne. The owner, Heather van Ekris, announced a plan to replant roughly 20 ha of vines over the next three years, defying the current wave...
PE-Backed Lawfront Buys Reading Firm Field Seymour Parkes
Lawfront, a private‑equity‑backed legal services platform, announced the acquisition of Reading‑based boutique Field Seymour Parkes. The deal adds roughly 30 lawyers and expands Lawfront’s presence in the South East, complementing its existing UK network. Field Seymour Parkes, known for corporate...
PE Exits Slow as AI Disruption and Geopolitical Tensions Weigh on Markets
Private equity firms saw exit activity plunge 36% in Q1 2026, with disposals dropping to roughly $103 billion. The slowdown is driven by AI‑related market volatility and heightened geopolitical risk, especially the Iran conflict, which have rattled both private and public‑market...
KDP Secures Controlling Stake in JDE Peet’s, Appoints Rafael Oliveira to Lead Coffee Spin-Off
Keurig Dr Pepper has acquired a 96.22% stake in JDE Peet’s, creating a controlling interest that merges KDP’s single‑serve system with JDE’s global coffee brands. Rafael Oliveira has been appointed CEO of the combined coffee unit and will later lead the...
Apollo Funds Buy Rental Property Manager Gatehouse Living
Global alternative asset manager Apollo’s funds have acquired Gatehouse Living Group, a UK residential investment manager that operates about 10,000 homes. The purchase includes Gatehouse Investment Management and its Ascend property‑management arm, though the price was not disclosed. Existing CEO...
BCUBE Deal Aims to Build Italy’s Largest Airport Cargo Handling Platform
BCUBE Group has signed a purchase agreement to acquire Italy’s Alha Group, a specialist in airport cargo handling and integrated airfreight solutions. The merger will create the country’s largest cargo handling platform, linking major hubs such as Rome Fiumicino, Milan...
Unilever Spins Off Food Division: What Does It Mean for Manufacturers?
Unilever announced a £33.7 billion spin‑off of its food division, merging it with McCormick Foods while retaining a 65% stake in the new entity. The move follows the earlier divestiture of its ice‑cream business and is driven by a strategic shift...
The Great Family Business Sale
Family business sale activity accelerated sharply in the first quarter of 2026, as owners cite heightened tech disruption, shifting social norms, and generational succession pressures as catalysts. Deal flow is outpacing previous quarters, prompting many to view the market as...
Covivio and Blue Owl Close €503m Joint Venture for Thales Vélizy Campus
Covivio and Blue Owl have finalized a joint venture valued at €503 million (about $549 million). The partnership will acquire and develop the Thales Vélizy campus in the Paris suburb of Vélizy‑Meudon. The deal deepens Covivio’s foothold in French office assets while...
Publicis Acquires 160over90, Makes Sports Its ‘Next Big Bet’
Publicis Groupe has acquired 160over90, a leading sports and culture agency with more than 670 employees, to bolster its Publicis Sports division. The undisclosed‑price deal, pending regulatory clearance, brings expertise across events such as the Super Bowl, Olympics and World...
Roth/MKM Downgrades Apellis Stock Rating on Biogen Acquisition
Roth/MKM downgraded Apellis Pharmaceuticals to Neutral from Buy and lifted its price target to $41, matching Biogen’s cash offer of $41 per share. The acquisition values Apellis at roughly $5.6 billion, an 86% premium to its recent average price, and is...
Weightmans Scoops up Two Firms in London and Leeds
Weightmans, a Liverpool‑based firm with over 1,500 lawyers across ten UK offices, announced mergers with London’s Elborne Mitchell and Leeds‑based Myton Law effective 1 April 2026. Elborne Mitchell adds insurance, employment and commercial expertise, while Myton Law brings a niche focus on...
Imdex Snaps up the Rest of Krux Analytics
Imdex has paid roughly $23 million to acquire the remaining 60% of Krux Analytics, completing its ownership of the drilling‑software specialist. The deal follows a 2023 purchase of a 40% stake, giving Imdex full control of Krux’s data‑capture platform. Krux’s software...
Merit Medical Acquires View Point for $140M
Merit Medical Systems announced a $140 million acquisition of View Point Medical, adding the FDA‑cleared OneMark Detection Imaging System and tissue markers to its oncology portfolio. The deal includes $90 million upfront and $50 million in two anniversary installments. Merit expects the OneMark...
Amazon in Talks to Buy Satellite Operator Globalstar
Amazon is in advanced talks to acquire satellite‑telecom firm Globalstar as it accelerates its low‑Earth‑orbit (LEO) broadband project, Kuiper. Globalstar, valued at about $8.8 billion, saw its shares jump 24% to $85 after the news. The deal would give Amazon access...
Molex Completes Acquisition of Smiths Interconnect
Molex announced the completion of its acquisition of Smiths Interconnect, the UK‑based subsidiary of Smiths Group, marking the largest deal in Molex’s history. The purchase adds a portfolio of ruggedized connectors, RF components, optical transceivers and semiconductor‑test expertise, extending Molex’s...
EMGS Sells Core Geoservices Business in $2.5 Million Deal to Riggs Capital
Electromagnetic Geoservices (EMGS) has agreed to sell its core offshore geoservices business to private‑equity firm Riggs Capital for up to $2.5 million. The deal provides $1 million at closing and a $1.5 million earn‑out tied to future performance, while Riggs assumes selected liabilities....
ACCC Decides MicroStar’s Acquisition of Konvoy Requires Phase 2 Review
The Australian Competition and Consumer Commission (ACCC) has moved MicroStar Logistics’ purchase of Konvoy Holdings’ keg‑pooling assets into a Phase 2 review, citing a risk of substantially lessening competition. MicroStar, operating as Kegstar, and Konvoy are the only two providers of...
Amazon in Talks to Buy $9bn Satellite Group Globalstar in Bid to Rival Musk’s Starlink
Amazon is reportedly in advanced negotiations to acquire Globalstar, a satellite communications firm valued at roughly $9 billion. The move would give Amazon a low‑Earth‑orbit constellation capable of delivering broadband services worldwide. Analysts see the deal as Amazon’s bid to build...
The Many Acquires Majority Stake in Immersive Technology Studio CatalystXR
The Many, a global creative firm, has acquired a majority stake in Australian immersive‑technology studio CatalystXR. The deal combines The Many’s strategic and creative expertise with CatalystXR’s XR, VR, AR and large‑scale interactive capabilities, allowing both firms to deliver deeper,...
Aceros Arequipa Adds to Florida Scrap Network
Peruvian steelmaker Corporación Aceros Arequipa (CAASA) has acquired three metal‑recycling facilities in Tampa Bay, expanding its U.S. footprint to seven sites. The deal, executed through its subsidiary Aceros America Tampa LLC, adds two former Liberty Recycle locations and a former...
654 Departures: A Look at the LPL-Commonwealth Deal One Year Later
One year after LPL Financial’s $2.7 billion acquisition of Commonwealth Financial Network, 654 advisors—about 22% of the original 3,000—have departed for rival firms. Raymond James emerged as the primary destination, adding 145 former Commonwealth advisors, while independent broker‑dealers Kestra and Cambridge Investment...
Tech, Media & Telecom Roundup: Market Talk
Nvidia announced a $2 billion investment in Marvell Technology, cementing Marvell’s role as a strategic AI‑infrastructure partner and sending its shares up 6.6%. SpaceX filed for an initial public offering, marking the likely first of three major AI‑focused IPOs expected this...
KKR-Backed Varsity Brands to Buy Soccer.com and Lax.com
Varsity Brands, backed by KKR, announced the acquisition of online retailer Lax.com and Sports Endeavors, the parent of Soccer.com, World Soccer Shop and 431 Sports. The Sports Endeavors deal is valued between $300 million and $400 million, while the price for Lax.com was...
Apollo Acquires UK Rental Housing Platform Gatehouse Living Group
Apollo Global Management announced the acquisition of Gatehouse Living Group, a UK‑based rental housing platform that oversees more than 10,000 homes nationwide. The deal expands Apollo’s footprint beyond its U.S. multifamily holdings into Europe’s largest residential market. Gatehouse’s technology‑driven operations...
3650 Capital Provides $104M Pref Equity Injection Into $455M Acquisition
3650 Capital is injecting $104 million of preferred equity into a $455 million acquisition of a 1,495‑unit multifamily portfolio in the Chicago area, purchased by LaTerra Capital Management and Respark Residential from Aimco. The assets carry $308 million of Fannie Mae agency financing, which...
Grain Looking to Market 800 MHz for Direct-to-Cell
Investment firm Grain Management has acquired T‑Mobile’s 800 MHz spectrum and 600 MHz holdings for about $2.9 billion, aiming to lease or sell the airwaves to satellite operators for direct‑to‑cell (D2D) services. The companies seek FCC waivers to suspend build‑out deadlines and allow...
Unico Expands Global Digital Identity Footprint with New Silicon Valley HQ
Unico, the Brazilian digital‑identity specialist, opened a new global headquarters in Menlo Park, marking its first U.S. base after a two‑year expansion that included acquisitions in Mexico, the UAE and the United States. The firm’s platform combines face‑biometrics with machine‑learning...
Intel to Repurchase 49% Equity Interest in Ireland Fab Joint Venture
Intel announced a definitive agreement to repurchase Apollo’s 49% equity stake in the Fab 34 joint venture for $14.2 billion. The buy‑back will be financed with cash on hand and roughly $6.5 billion of new debt, aiming to restore full ownership of the...
Steve Jones Takes Ownership of Skyview Networks In Buyout
Steve Jones has completed a buyout of Skyview Networks, the Scottsdale‑based audio technology and syndication firm he has led for seven years, assuming the roles of President, CEO, and Chairman. Founder Ken Thiele and key shareholders supported the transition and will...
Platinum Equity-Backed Cook & Boardman Picks up Systems Integrator Assurance Media
Cook & Boardman, backed by private‑equity firm Platinum Equity, announced the acquisition of systems integrator Assurance Media. The deal adds Assurance Media's expertise in security system integration to C&B's existing portfolio of access and security solutions. The transaction underscores C&B's...
Mapletree Sells 1.4M-SF Warehouse Portfolio to Dalfen Industrial for $208M
Mapletree Investments sold a 1.4 million‑square‑foot U.S. industrial portfolio to Texas‑based Dalfen Industrial for $207.5 million. The assets include 13 warehouses in Dallas‑Fort Worth, four in Chicago, and one each in Cincinnati and Indianapolis. This transaction is Mapletree’s fifth U.S. warehouse divestment...
Cohesity Talks up Post-Veritas Merger Strategy
Cohesity’s CFO Eric Brown outlined a three‑stage post‑merger strategy after acquiring Veritas’ data‑protection portfolio in February 2024. The plan began with a customer‑retention phase that unified sales teams and allowed partial down‑sells to keep Veritas clients. In fiscal 2026 the focus shifts...
Exclusive: Dhan Parent to Acquire Elevation Capital-Backed Infinyte Club
Raise Fintech Ventures, the parent of stock‑broking platform Dhan, is set to acquire wealth‑tech startup Infinyte Club in a 100% cash‑and‑stock deal valuing the company at roughly $13‑15 million. Infinyte, founded in 2023, raised over $3.6 million from Elevation Capital...
Bank of Hope to Buy SMBC Commercial Unit
Bank of Hope announced an all‑cash acquisition of SMBC Manubank’s California commercial banking unit, adding eight Southern California branches, roughly $2.5 billion in commercial and CRE loans and $2.7 billion in deposits. The deal, slated to close in the second half of...
Korsana Biosciences Announces Merger With Cyclerion Therapeutics, Concurrent $380 Million Private Financing
Korsana Biosciences announced a merger with Cyclerion Therapeutics, accompanied by a $380 million private placement. The financing round was led by Fairmount and Venrock Healthcare Capital, with participation from a slate of prominent venture and institutional investors. Cooley LLP represented the...