The Daily Buyout

Wednesday, October 21, 2026

The Daily Buyout

65 deals · $75.7B announced

Salesforce opened its wallet for Braze, paying a 58% premium for the marketing-automation player in today's biggest deal. Private equity and family offices kept busy too, with EarthLink changing hands and Falfurrias building an industrial-automation platform. Meanwhile, Virginia's governor put a price on her support for the $67B Dominion-NextEra merger.

Top deal of the day

Salesforce agrees to buy Braze for $5.66B in cash

$5.7BStrategic acquisitionTechnology

Salesforce will acquire marketing software provider Braze for $5.66 billion in cash, or $47.50 per share, about 58% above Braze's last closing price. Braze's revenue grew 26% year-over-year last quarter to $227.2 million, while its adjusted operating income nearly quadrupled. Its platform aggregates customer data and uses built-in AI to create personalized campaigns across channels.

Why it matters: The steep premium signals how much Salesforce values AI-driven, data-centric marketing tools as it deepens its customer engagement stack.

Read at SiliconANGLEFree

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2
UndisclosedPrivate equity buyoutMedia & TelecomCompleted

Trive Capital sells EarthLink to WaveDivision, Pritzker and Stephens

Trive Capital has closed the sale of Atlanta-based internet provider EarthLink to a family office consortium of WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners, alongside management. EarthLink serves over 500,000 customers and can offer fiber service to more than 68 million homes through partnerships with major fiber and 5G providers. Terms were not disclosed.

Read at PR NewswireFree
5
UndisclosedStrategic acquisitionConsumer & RetailCompleted

Bose acquires lifestyle audio brand Skullcandy

Bose has acquired Skullcandy, the Park City, Utah-based lifestyle audio brand, following a multi-year partnership that brought Sound by Bose technology to Skullcandy earbuds and headphones. Skullcandy will remain a separate brand within Bose's Premium Consumer Audio business. Financial terms were not disclosed.

Read at PR NewswireFree
6
$722MDivestiture / carve-outHealthcare & Life Sciences

Labcorp to buy BioReference Health assets from OPKO for $722M

OPKO Health agreed to sell select assets of its BioReference Health subsidiary to Labcorp for $722 million in cash at closing, adjustable based on revenues, plus up to $150 million in earnouts tied to the 4Kscore prostate cancer test. Labcorp gets clinical, women's health, urology and corrections testing businesses and over 80 patient service centers.

Read at PR NewswireFree
7
UndisclosedPrivate equity buyoutIndustrials & ManufacturingCompleted

Falfurrias combines IDS and RED Group into industrial automation platform

Falfurrias Management Partners has made growth investments in control systems integrator Industrial Design Solutions and OT engineering services provider RED Group, combining them as the foundation of a new industrial automation platform. RED Group CEO Carl Fangue will lead the combined business, which serves data centers, utilities, water, energy, maritime, chemicals and manufacturing. Terms were not disclosed.

Read at PR NewswireFree
8
350+ oncology providersStrategic acquisitionHealthcare & Life Sciences

Cencora to acquire American Oncology Network

Cencora signed a definitive agreement to acquire American Oncology Network, a publicly traded, physician-led network of more than 350 oncology providers across 21 states. Cencora CEO Robert Mauch said the deal will expand its physician-led oncology MSO and support of community care. Financial terms were not stated in the release excerpt.

Read at Business WireFree

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