Every deal we've covered

ODNB Financial and National Capital Bancorp received OCC approval and a Federal Reserve waiver for their merger, which remains subject to Virginia and shareholder approvals and is expected to close in Q4 2026.

Trading Technologies closed its acquisition of TRAFiX, a provider of equities and equity options order and execution management systems and FIX connectivity, extending its multi-asset SaaS platform. Terms were undisclosed.

Legal software firm Clio acquired Learned Hand, which builds an AI workspace for judges and clerks that integrates with court case management systems, marking Clio's first expansion into the judiciary. Terms were undisclosed.

Volo Sports bought recreational league operator Fray, which draws over 38,000 annual player registrations across D.C., Phoenix and Jacksonville, plus CLUBWAKA's Miami operations, expanding Volo to 17 markets.

TRG, a Gemspring Capital portfolio company, acquired Westerville, Ohio-based cybersecurity and advisory firm Fentron, folding its team into TRG's Inversion6 division. Terms were not disclosed.

St. Louis-based Flanagan-White Delivery/Express merged with Zipp Express, combining two regional carrier networks into one of the Midwest's largest locally owned trucking and logistics operations as Flanagan-White's president retires.

Karob Instrument, a family-owned Ocala, Florida precision machining manufacturer serving Gulfstream Aerospace and others, was acquired by an investment group led by EMT Metals CEO Mark Izzo, bringing both companies under common ownership.

Webco Industries began a tender offer to buy up to 10,000 of its common shares at $330 each, giving holders of its illiquid stock an expedited exit. The offer expires October 14.

AMD agreed to acquire World Labs, the spatial-intelligence startup founded in 2024 by AI pioneer Fei-Fei Li, for $8.2 billion in stock, with closing expected by year end. AMD backed a $1 billion round in the company just seven months ago at a $5 billion valuation, alongside Nvidia. World Labs' models generate interactive 3D environments used to train robots and simulate factories.

AAR CORP. agreed to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, or 10.7x forecast 2026 adjusted EBITDA including $75 million of expected run-rate cost synergies. MRO Holdings employs roughly 10,000 people across 115 lines of airframe maintenance capacity in El Salvador, Mexico, Colombia and the US, with about 90% of revenue from US customers.

RedLattice will merge with Bold Eagle Acquisition Corp. to list on Nasdaq under ticker REDL at a $1.25 billion pre-money valuation, closing expected around year end. The deal could raise about $610 million absent redemptions, including $275 million of 4% convertible notes from Loomis Sayles and $60 million of common stock bought by AE Industrial and the sponsor. Revenue rose 29% to $267 million in the year to June 30.

TransDigm completed its roughly $1.066 billion all-cash acquisition of Prince & Izant, a Cleveland-based maker of engineered brazing alloys and specialty metal components, from Industrial Growth Partners. The price includes certain tax benefits and was funded with cash on hand. P&I is expected to generate about $390 million of revenue in calendar 2026, mostly aftermarket, across nearly 10,000 active SKUs.

Lifecore Biomedical agreed to be acquired by Webster Equity Partners in a transaction valued at up to $663.7 million, assuming full achievement of performance milestones. Shareholders receive $6.28 per share in cash at closing plus one non-tradable contingent right. Management framed the deal as funding the CDMO's next growth phase, with multiple customer programs potentially commercializing by the end of 2028.

Valley National Bank agreed to acquire Bluevine for $340 million, adding $2.1 billion in deposits that will transfer from partner bank Coastal Community Bank to the $66 billion-asset lender in the first half of 2027. Bluevine's 1.44% cost of deposits compares with Valley's 2.28%, and the deal brings about 180 R&D employees plus an AI-heavy platform that resolves roughly 80% of inbound inquiries automatically.

Petrus Advisers, holder of about 3.8% of Iveco Group, published a presentation arguing Tata Motors' all-cash voluntary tender offer at €14.10 per share does not represent fair value. The activist says the price undervalues Iveco versus peers, hands shareholders too little of the synergies Tata has touted to its own investors, and fails to compensate for the 15-month gap between announcement and expected closing.

BRC Group Holdings agreed to acquire all outstanding shares of Canadian communications provider Sangoma Technologies at an enterprise value of about $204 million (C$289 million).

In connection with its pending acquisition of Kenvue, Kimberly-Clark began exchange offers and consent solicitations for any and all outstanding Kenvue notes, for up to $7 billion of new Kimberly-Clark notes plus cash.

Scholastic signed a definitive agreement to acquire Cottage Door Press, the largest independent US children's publisher, for approximately $71 million subject to purchase price adjustments.

Gates Industrial closed its acquisition of The Timken Company's belts business and select manufacturing assets, including a plant in San Jose Iturbide, Mexico; terms were not disclosed.

Pearson agreed to acquire Workera, an AI-native skills intelligence and adaptive assessment platform used by enterprises, to expand its workforce skilling business. Terms were not disclosed.