The Daily Buyout

Tuesday, November 3, 2026

The Daily Buyout

61 deals · $126B announced

Two big closings set the tone today: Kimberly-Clark has officially absorbed Kenvue, and Grant Thornton Advisors wrapped up its $5 billion CBIZ purchase. Meanwhile CVR Energy is spending $4.2 billion on two Marathon refineries, CrowdStrike went on an AI-security shopping spree, and the mid-market kept humming with dozens of tuck-ins.

Top deal of the day

Kimberly-Clark completes Kenvue acquisition, forming a consumer health giant

UndisclosedStrategic acquisitionConsumer & RetailCompleted

Kimberly-Clark has closed its acquisition of Kenvue, combining portfolios that include 10 billion-dollar brands across complementary categories and geographies. The company reiterated its expectation of $2.1 billion in run-rate synergies, with a value-capture plan and pipeline already mapped out. CEO Mike Hsu called the closing a defining moment in the company's 154-year history.

Why it matters: The deal turns the Kleenex and Huggies maker into what it calls the preeminent global consumer health and wellness leader, now under pressure to deliver on its synergy promises.

Read at PR NewswireFree
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3
$5BStrategic acquisitionBusiness ServicesCompleted

Grant Thornton Advisors closes $5B CBIZ acquisition

Grant Thornton Advisors, backed by New Mountain Capital, has completed its acquisition of CBIZ at an enterprise value of $5 billion. The combination creates the fifth-largest U.S. provider of professional services, tax and advisory offerings, with more than $5 billion in annual domestic revenue.

Read at Business WireFree
4
UndisclosedDivestiture / carve-outHealthcare & Life Sciences

Rockwell Medical buys most of Vantive's hemodialysis business

Rockwell Medical has agreed to acquire the majority of Vantive's hemodialysis assets and operations, including HD concentrates, HD machines, water treatment systems, consumables and technical services. Financial terms were not disclosed. Rockwell calls the deal a transformational global acquisition.

Read at Business WireFree
5
UndisclosedStrategic acquisitionTechnology

CrowdStrike to acquire Fiddler AI for agent observability

CrowdStrike has signed a definitive agreement to acquire Fiddler AI, a specialist in AI agent observability and explainability, announced at Fal.Con Europe. Fiddler will add pre-deployment evaluation, continuous behavioral accountability and agent explainability to the Falcon platform. Terms were not disclosed; CrowdStrike also announced a deal for Dreadnode the same day.

Read at Business WireFree
6
$700MStrategic acquisitionEnergy & UtilitiesCompleted

Select Water closes ~$700M Pilot Water acquisition

Select Water Solutions has closed its acquisition of Pilot Water Solutions, a private water midstream company operating mainly in the Delaware Basin, for about $700 million. Consideration included roughly $600 million in cash and 5,149,331 Select shares, plus a possible $15 million contingent payment tied to operational milestones.

Read at PR NewswireFree
7
$1.5B retail salesDivestiture / carve-outConsumer & RetailCompleted

Authentic Brands completes purchase of Lee denim brand from Kontoor

Authentic Brands Group has completed its acquisition of the Lee intellectual property from Kontoor Brands, after signing the deal in May. Lee, founded in 1889, generates about $1.5 billion in annual retail-equivalent sales across 73 countries. Authentic has already lined up licensing partners to run the apparel business.

Read at PR NewswireFree

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