BlackRock-backed Influence Media Partners to acquire Anthem Music Group for $600m.

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AMERICAS

MIMEDX to acquire Sanara MedTech for $350m.

MIMEDX, a medical device company, agreed to acquire Sanara MedTech, a medical technology company, for $350m, according to press releases.

MIMEDX is advised by Centerview Partners and Greenberg Traurig. Centerview Partners is advised by Sullivan & Cromwell (led by Melissa Sawyer). Sanara MedTech is advised by Truist Securities, Alston & Bird and IMS Investor Relations (led by John Nesbett), according to press releases and MergerLinks data.

TSG Consumer to acquire a majority stake in Saltair.

TSG Consumer, a private equity firm, agreed to acquire a majority stake in Saltair, an affordable luxury body and hair care brand, according to press releases. Financial terms were not disclosed.

TSG Consumer is advised by Ropes & Gray and Prosek Partners. Saltair is advised by Raymond James, Mintz Levin, Polsinelli and LION VIP Communications, according to press releases.

Intercontinental Exchange to acquire MarketAxess in a $5.7bn deal.

Intercontinental Exchange, an operator of global commodity and financial products marketplaces, agreed to acquire MarketAxess, an international financial technology company, in a $5.7bn deal, according to press releases.

Intercontinental Exchange is advised by Bank of America, Morgan Lewis & Bockius and Sullivan & Cromwell. MarketAxess is advised by JP Morgan and Weil Gotshal and Manges, according to press releases.

Madison River Capital completes an investment in Nexus Power.

Madison River Capital, a private equity firm, completed an investment in Nexus Power, a manufacturer representative and provider of design, engineering, procurement, and project management solutions, according to press releases. Financial terms were not disclosed.

Nexus Power was advised by Bundy Group and Paul Hastings. Madison River Capital was advised by Holland & Knight and FGS Global (led by Akash Lodh). Debt financing was provided by Main Street Capital Corporation (led by John Watson), according to press releases.

Goldman Sachs Alternatives to acquire the US distributed generation business of RWE.

Goldman Sachs Alternatives, the alternative investment business of Goldman Sachs, agreed to acquire the US distributed generation business of RWE, a Germany-based energy company, according to press releases. Financial terms were not disclosed.

Goldman Sachs Alternatives is advised by Jefferies & Company and Weil Gotshal and Manges (led by Luke E. Laumann and Irina Tsveklova). RWE is advised by JP Morgan and Baker Botts, according to press releases and MergerLinks data.

Dominus Capital completes an investment in Pelco Solutions.

Dominus Capital, a private equity firm, completed an investment in Pelco Solutions, a provider of innovative solutions for traffic, utility, and pedestrian safety applications, according to press releases. Financial terms were not disclosed.

Dominus Capital was advised by White & Case. Pelco Solutions was advised by Kroll and Holland & Knight, according to press releases.

Procore to acquire DroneDeploy for $845m.

Procore, a construction management SaaS company, agreed to acquire DroneDeploy, a cloud-based visual data and reality capture platform, for $845m, according to press releases.

Procore is advised by Goldman Sachs. DroneDeploy is advised by Citigroup, according to press releases.

Elephant led a $190m Series F funding round in ThreatLocker.

Elephant, a venture capital firm, led a $190m Series F funding round in ThreatLocker, a cybersecurity company, with participation from D. E. Shaw Ventures, Arthur Ventures and Koch Disruptive Technologies, according to press releases.

ThreatLocker was advised by Bank of America and Latham & Watkins, according to press releases.

Vista Equity Partners led a $170m Series D funding round in CAIS.

Vista Equity Partners, an American private equity firm, led a $170m Series D funding round in CAIS, a US-based alternative investment platform, with participation from AllianceBernstein, Blue Owl Capital, Carlyle, Fortress Investment Group, Golub Capital, Lord Abbett and Royal Bank of Canada, according to press releases.

CAIS was advised by Financial Technology Partners and Sidley Austin, according to press releases.

Johnson & Johnson completes the acquisition of Firefly Bio for $1bn.

Johnson & Johnson, an American multinational pharmaceutical, biotechnology, and medical technologies corporation, completed the acquisition of Firefly Bio, a biotechnology company, for $1bn, according to press releases.

Firefly Bio was advised by Centerview Partners, according to MergerLinks data.

G2 Venture Partners and Eclipse Ventures led a $550m Series C round in Antora Energy.

G2 Venture Partners and Eclipse Ventures, the venture capital firms, led a $550m Series C round in Antora Energy, a developer of modular thermal batteries, with participation from Ribbit Capital, Salesforce Ventures, Activate Capital, John Doerr, Westly Group, StepStone Group, Liberty Mutual Strategic Ventures, Decarbonization Partners, Impact Science Ventures, Trust Ventures, Breakthrough Energy Ventures, and Lowercarbon Capital, according to press releases.

Antora Energy was advised by FGS Global, according to press releases.

Shell and Phillips 66 weigh sale of stakes in $3.5bn US pipeline Explorer. (Reuters)

Shell and Phillips 66 are exploring the sale of their stakes in the company that owns the Explorer refined products pipeline, in a transaction that could value the asset at around $3.5bn.

The potential sale comes amid strong investor demand for energy infrastructure assets, particularly from financial buyers, as owners look to capitalize on higher valuations and redeploy capital into core or faster-growing businesses.

J&J invests in Sail Biomedicines, secures $2.58bn buyout option. (Press Release)

Johnson & Johnson has entered into a strategic collaboration with Sail Biomedicines to develop in vivo CAR‑T therapies for immune‑mediated diseases and other therapeutic applications.

Under the agreement, Johnson & Johnson will make initial payments of $785m, including a $465m equity investment, and may make additional milestone payments. The company has also secured an exclusive option to acquire Sail Biomedicines for $2.58bn, subject to regulatory approvals and other conditions.

FTC split lets lonQ-SkyWater quantum deal close without changes. (Bloomberg)

IonQ is set to complete its $1.8bn acquisition of SkyWater Technology later this week after the US Federal Trade Commission was unable to reach a decision on whether to impose conditions on the transaction.

The FTC deadlocked 1-1 on a proposed settlement that would have required IonQ to commit not to disadvantage rival companies that rely on SkyWater's manufacturing services.

A16z-backed biotech Braveheart seeks $318.8m in US IPO. (Bloomberg)

Braveheart Bio is seeking to raise up to $318.8m in a US initial public offering, adding to a growing pipeline of biotech listings.

The San Francisco-based company, backed by Andreessen Horowitz, plans to offer 18.8m shares at $15 to $17 each. Braveheart Bio is developing therapies for cardiovascular diseases.

Goldman-backed biotech Attovia seeks $212.5m in US IPO. (Bloomberg)

Attovia Therapeutics, a clinical‑stage biotechnology company focused on developing treatments for immune‑mediated diseases, is seeking to raise up to $212.5m through an initial public offering in the United States.

The California‑based company plans to offer 12.5m shares at a price range of $15 to $17 per share. Proceeds from the offering are expected to support the development of its therapeutic pipeline and ongoing clinical programs.

GTCR closes $1.25bn Capital Solutions Fund. (Press Release)

GTCR has closed its inaugural Capital Solutions Fund and affiliated vehicles with approximately $1.25bn in aggregate commitments.

The fundraising was backed almost entirely by existing long-term limited partners across GTCR’s other funds, including pension plans, endowments, foundations, sovereign wealth funds and financial institutions. The fund has already completed several investments.

Senators warn Apple not to buy memory from Chinese companies. (Bloomberg)

A bipartisan group of US senators has urged Apple to refrain from sourcing memory chips from Chinese semiconductor manufacturers CXMT and Yangtze Memory Technologies.

In a letter to Apple CEO Tim Cook, the lawmakers said the company should avoid using chips from the two suppliers, including in devices intended for the Chinese market. They noted that both CXMT and Yangtze Memory Technologies appear on a recently updated US Department of Defense list of Chinese entities.

EMEA

Vista Equity Partners to acquire Quantios from Hg Capital and EQT.

Vista Equity Partners, a private equity firm, agreed to acquire Quantios, a UK-based provider of governance, compliance and entity management software, from Hg Capital, a private equity firm, and EQT, a Swedish global investment organization, according to press releases. Financial terms were not disclosed.

Hg Capital is advised by Deutsche Bank, Robert W Baird and Cadarn Capital (led by David Harris and Lucy Clark). Quantios is advised by Nepean (led by Harry Roxburgh and Eva Sayers), according to press releases.

EQT Real Estate to acquire 14-asset pan-European logistics portfolio of Logicor for €532m.

EQT Real Estate, an investment manager acquiring, developing, and managing logistics, residential and commercial properties, agreed to acquire 14-asset pan-European logistics portfolio of Logicor, an owner, manager and developer of European logistics real estate, for €532m ($607m).

Air France-KLM and Lufthansa Group submitted binding offers to acquire up to a 49.9% stake in TAP Air Portugal from the Portuguese government.

Air France-KLM, a French-Dutch multinational airline holding company, and Lufthansa Group, a Germany-based aviation group operating passenger airlines and aviation services, submitted competing binding offers to acquire up to a 49.9% stake in TAP Air Portugal, from the Portuguese government. Air France-KLM's bid is supported by shareholder Delta Air Lines, a major US airline, according to press releases. Financial terms were not disclosed.

Unilever agrees to two-year worker protection after $65bn McCormick merger, memo shows. (Reuters)

Unilever has agreed to protect the employment terms of workers in its European and UK food business for two years following the planned completion of its $65bn merger with McCormick & Company in 2027.

The guarantee, which extends through at least mid-2029, will preserve employee pay and working conditions regardless of changes in business conditions and is longer than the employment protections typically offered in transactions of this kind.

DAZN investor Aser explores options for stake in sports streamer. (Reuters)

Aser Ventures is considering selling part of its minority stake in DAZN as it explores funding options for its expansion plans.

Aser became a shareholder in DAZN in 2023 when the sports streaming company acquired ELEVEN Group. Discussions are ongoing, and no final decision has been made on a potential stake sale.

Snam to shortlist Bioenerys bidders by fall. (Bloomberg)

Snam plans to shortlist preferred bidders for its biomethane business, Bioenerys, by the fall, with the sale expected to close by the end of 2026.

The company said investors and energy companies submitted bids for Bioenerys by 28th July deadline, as Snam advances the sale process.

Sanofi CEO's first report highlights need for new medicines. (Bloomberg)

Sanofi CEO Belen Garijo faced her first major investor test after taking the helm of the French drugmaker, with her debut earnings report highlighting the challenge of sustaining growth beyond established products.

Sanofi reported better-than-expected quarterly results and raised its full-year sales and profit outlook, though growth was driven largely by an aging medicine, underscoring the strategic priorities facing Garijo as she begins her tenure.

APAC

Pakistan's fintech Abhi plans microfinance bank IPO in August 2026. (Bloomberg)

Abhi microfinance bank is preparing to launch an initial public offering in August 2026, aiming to raise PKR2bn ($7.2m) to PKR3bn ($10.8m).

The lender, part of fintech group Abhi, plans to offer around 14% of its shares in the IPO and has held a roadshow in London targeting investors from Pakistan and other frontier and emerging markets.

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