Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Wealthspire Advisors LLC, an NFP company and independent registered investment advisor with $31 billion in AUM1, today announced it has entered into an agreement to acquire Marin Financial Advisors, a long-trusted boutique RIA based in Larkspur, California, with more than $380 million in assets under management. The addition reflects Wealthspire’s continued commitment to seeking out like-minded advisors who prioritize longstanding client relationships, thoughtful plan...

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Atwell, a leader in creating solutions for the built environment, is pleased to announce the largest-ever acquisition in its 120-year history: Manhard Consulting, a nearly 400-person, nationally recognized engineering and surveying firm headquartered in Lincolnshire, Illinois. The acquisition will strengthen Atwell’s footprint in key regional markets, including Illinois, Colorado, and Texas, while expanding into new markets, including Tennessee and Nevada. Te...

MILPITAS, Calif. & DUBLIN--(BUSINESS WIRE)--MariaDB plc today announced it has acquired SkySQL Inc., the company behind an AI-powered, serverless database-as-a-service (DBaaS) platform. The acquisition brings SkySQL’s established DBaaS product back into the MariaDB portfolio. SkySQL was originally developed by MariaDB and, since being spun off as an independent entity in 2023, has significantly advanced its product offering. The acquisition of SkySQL enables MariaDB to meet customer and market...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Ginkgo Residential today announced that it has acquired a five-property multifamily portfolio totaling 647 units across the Charleston, South Carolina metropolitan area. The off-market opportunity marks a continuation of Ginkgo’s strategic focus on high-growth, high-barrier-to-entry Southeastern markets and represents the company’s second acquisition in 2025. The multifamily communities include: Brackenbrook Apartments (168 apartments), North Bluff Apartments (...

NEW YORK--(BUSINESS WIRE)--Magic Science Corporation, the health sciences company behind the fast-growing skincare brand Magic Molecule, today announced an investment by NexPhase Capital (“NexPhase” or “NPC”), a thematically driven and operationally-focused private equity firm. The investment will fuel Magic Science Corporation’s expansion across product, retail distribution, and category-defining, science-backed skincare and household consumer goods. Magic Science Corporation is a leading FDA-...

TORONTO--(BUSINESS WIRE)--Total Sanitation Services (TSS), North America’s leading platform for portable sanitation rentals and related services, has expanded its network with the acquisition of American Sanican (Portland, OR) and Cap City Rentals (Austin, TX). These mark TSS’s first acquisitions in the United States, extending its family-of-brands model across borders and reinforcing its position as the go-to partner for portable sanitation operators considering a sale. “With the addition of A...

MCLEAN, Va.--(BUSINESS WIRE)--Zephyr AI, Inc. (“Zephyr AI”), a leader in precision medicine harnessing artificial intelligence to accelerate drug development, today announced that it has appointed Allen Chao, PhD, as its Chief Executive Officer, and acquired Aster Insights, a premier provider of scientific and clinical intelligence for oncology discovery. Chao brings more than 40 years of biopharmaceutical leadership as well as drug development and commercialization expertise to Zephyr AI. He f...

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that it has entered into an agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group (collectively, “ACI”). ACI is a Portugal-based global manufacturer of specialty materials serving the wire and cable sectors, which helps expand Westlake’s offerings. “The combination of ACI with Westlake’s existing compounding business will present an excellent strategic fit and opportunity to integra...

GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation and Public Storage (NYSE:PSA) (together, the “Consortium”) announced today the withdrawal of their non-binding indicative offer to acquire Abacus Storage King (ASX:ASK) following a comprehensive due diligence period. “We appreciate Abacus Storage King’s partnership through the due diligence processes,” said Joe Russell, Public Storage’s Chief Executive Officer. “Following extensive review, we were unable to match their Independent Board Committe...

SARASOTA, Fla.--(BUSINESS WIRE)--Nickolas Reinhart announces that Kreate has acquired Precision Thermoplastic Components (PTC) in Lima, Ohio. The Lima facility, encompassing 115,000 square feet of manufacturing space, significantly enhances Kreate’s domestic production capabilities. Built with substantial heavy industrial infrastructure, including overhead cranes, material silos, high-capacity water systems, and heavy power, the plant is designed to support large-scale operations and rapid expa...