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AMERICAS

Federated Hermes completes the acquisition of an 80% stake in FCP Fund Manager for $331m.

Federated Hermes, an investment manager, completed the acquisition of an 80% stake in FCP Fund Manager, a real estate investment manager, for $331m, according to press releases.

Federated Hermes was advised by Hodes Weill Securities, KPMG, and K&L Gates. FCP Fund Manager was advised by Berkshire Global Advisors and Goodwin Procter, according to press releases and MergerLinks data.

Pello Companies to acquire ByAllAccounts from Morningstar.

Pello Companies, a strategic advisory services provider, agreed to acquire ByAllAccounts, a provider of innovative data aggregation technology for financial applications, from Morningstar, a provider of independent investment insights, according to press releases. Financial terms were not disclosed.

Pello Companies is advised by Wedbush Securities and Cooley. Morningstar is advised by Mayer Brown, according to MergerLinks data and press releases.

Unilever to acquire Grüns.

Unilever, a consumer packaged goods company, agreed to acquire Grüns, a greens supplement company, according to press releases. Financial terms were not disclosed.

Unilever is advised by Skadden Arps Slate Meagher & Flom (led by Allison Schneirov), according to MergerLinks data.

Bain Capital Real Estate and Evergreen Medical Properties completes the acquisition of a portfolio of six medical outpatient facilities in Atlanta Metropolitan Area from Northside Hospital.

Bain Capital Real Estate and Evergreen Medical Properties, companies specializing in healthcare real estate investment and operations, completed the acquisition of a portfolio of six medical outpatient facilities in Atlanta Metropolitan Area from, Northside Hospital, an award-winning healthcare provider operating five acute-care hospitals, according to press releases. Financial terms were not disclosed.

Northside Hospital was advised by Realty Trust Group, according to press releases.

Schréder completes the acquisition of NLS Lighting.

Schréder, a smart outdoor lighting solutions provider, completed the acquisition of NLS Lighting, a manufacturer of specification-grade outdoor LED lighting, according to press releases. Financial terms were not disclosed.

TriNet to acquire Cocoon.

TriNet, a company specializing in human resources solutions for small and medium‑size businesses, agreed to acquire Cocoon, a company focused on leave management technology, according to press releases. Financial terms were not disclosed.

Interra Capital Group completes the acquisition of Greenway Plaza.

Interra Capital Group, a company specializing in commercial real estate investment and operations, completed the acquisition of Greenway Plaza, a 53‑acre mixed‑use office campus in Houston, according to press releases. Financial terms were not disclosed.

Wasabi Technologies completes the acquisition of the Lyve Cloud business from Seagate Technology.

Wasabi Technologies, a company specializing in cloud storage, completed the acquisition of the Lyve Cloud business from Seagate Technology, a data storage company focused on mass‑capacity storage solutions, according to press releases. Financial terms were not disclosed.

David Wachsman completes the acquisition of a majority stake in Hawkeye Systems.

David Wachsman, a crypto pioneer and the founder and CEO of Wachsman, completed the acquisition of a majority stake in Hawkeye Systems, a technology holding company, according to press releases. Financial terms were not disclosed.

Rio Tinto draws interest for $2bn boron assets sale. (Bloomberg)

Rio Tinto has attracted interest from multiple bidders for its boron assets in California, which could be valued at around $2bn.

Potential buyers include WE Soda, Magris Resources and US Silica as the company explores a possible divestment.

Hapvida seeks up to $398m from southern assets sale. (Bloomberg)

Hapvida is looking to raise up to BRL2bn ($398m) through the sale of its operations in southern Brazil as it aims to reduce debt.

The company is marketing the business to potential buyers, with the asset serving around 600k beneficiaries.

Tiger Global backs PopUp Bagels at $300m valuation. (Bloomberg)

Tiger Global has invested in PopUp Bagels at a $300m valuation, marking a sharp increase from its prior valuation.

The deal highlights continued investor appetite for consumer startups, with Stripes remaining the largest shareholder.

Blackstone files IPO for data center acquisition vehicle. (Bloomberg)

Blackstone has filed for an IPO of a new vehicle focused on acquiring data centers benefiting from AI-driven demand.

The platform will target leased assets valued between $250m and $1.5bn, aiming to generate stable income from hyperscaler tenants.

Suja files for US IPO amid rising sales. (Bloomberg)

Suja Life has filed for a US IPO, reporting 26% revenue growth as demand for its organic beverages increases.

The company continues to post losses despite higher sales as it prepares for a public listing.

HawkEye 360 reports strong growth ahead of US IPO. (Reuters)

HawkEye 360 has reported a 74% increase in revenue and a return to profitability as it prepares for a US IPO.

The space analytics firm posted net income of $2.7m on $117.7m in revenue in 2025.

Vista Credit raises $250m fund targeting software debt. (Bloomberg)

Vista Equity Partners’ credit arm is raising $250m for a new fund focused on distressed software loans.

The strategy targets companies with strong positioning against AI disruption across sectors including finance and healthcare.

EMEA

Argos to acquire a majority stake in RELEVI from ProA Capital.

Argos, a private equity firm, agreed to acquire a majority stake in RELEVI, a private‑label producer of homecare products, from ProA Capital, a private equity firm, according to press releases. Financial terms were not disclosed.

Argos is advised by Boston Consulting Group, Willis Towers Watson, ERM Group, DC Advisory (led by Giuliano Guarino), EY Parthenon, UBS, Giovannelli e Associati, Twister Communications (led by Andrea Franceschi) and WST Law & Tax Firm. ProA Capital is advised by LEK Consulting, Ernst & Young, Alvarez & Marsal, Lazard and Legance, according to MergerLinks data and press releases.

An investor consortium to acquire a 30% stake in Nordic Ferry Infrastructure from EQT for €510m.

An investor consortium including Gotlandsbolaget, Interogo Infrastructure and Lægernes Pension, agreed to acquire a 30% stake in Nordic Ferry Infrastructure, a private passenger and freight sea transportation company, from EQT, a global investment platform, €510m ($597m), according to press releases.

Gotlandsbolaget is advised by FNCA Sweden, Jefferies & Company and Gorrissen Federspiel (led by Gitte Lansner). EQT is advised by Deutsche Bank and Simpson Thacher & Bartlett (led by Amy Mahon), according to MergerLinks data and press releases.

Plenitude completes the acquisition of ACEA Energia from ACEA Group for €587m.

Plenitude, an Italian company active in the sale and marketing of gas and electricity for households and businesses, completed the acquisition of ACEA Energia from ACEA Group, a provider of integrated water services, electricity distribution, public and artistic lighting, energy and gas sales, energy production, for €587m ($687m), according to press releases.

ACEA Energia was advised by Rothschild & Co (led by Alessandro Daffina and Alessandro Bertolini Clerici). Plenitude was advised by Jefferies & Company (led by Andrea Donzelli). ACEA was advised by Hogan Lovells (led by Paola Barometro) and Legance (led by Giulio Mazzotti), according to MergerLinks data and press releases.

InfraVia to acquire a minority stake in Carester.

InfraVia, a private investment platform, agreed to acquire a minority stake in Carester, a specialist in rare earth recycling, and separation technologies, according to press releases. Financial terms were not disclosed.

InfraVia is advised by Ropes & Gray (led by Emmanuel Mimin), according to MergerLinks data.

Ceres Capital completes the acquisition of a majority stake in Seyntex.

Ceres Capital, a private equity firm, completed the acquisition of a majority stake in Seyntex, a textile manufacturing company, according to press releases. Financial terms were not disclosed.

Seyntex was advised by Jones Day (led by Pierre-Olivier Mahieu), according to MergerLinks data.

emagine completes the acquisition of the consulting operations in Belgium, Luxembourg, and France from Gentis.

emagine, a business and IT consultancy firm, completed the acquisition of the consulting operations in Belgium, Luxembourg, and France, from Gentis, a consulting firm operating across these markets, according to press releases. Financial terms were not disclosed.

emagine was advised by Mezzanine Advisors (led by Andrew Green), according to press releases.

ELNA Holdings completes the acquisition of Bralima from HEINEKEN.

ELNA Holdings, a Mauritius-based company with experience in industrial and logistics sectors, completed the acquisition of Bralima, a brewing and soft beverage company, from HEINEKEN, a beer company, according to press releases. Financial terms were not disclosed.

PolyPeptide attracts takeover interest from EQT, KKR. (Bloomberg)

PolyPeptide is drawing takeover interest from private equity firms including EQT, KKR and Advent as bidders explore a potential deal.

Any buyout could involve partnering with the company’s controlling shareholder as discussions remain ongoing.

Cohere and Aleph Alpha in merger talks. (Press Release)

Canada’s Cohere and Germany’s Aleph Alpha are in discussions over a potential merger, with support from the German government.

Berlin may become a key customer of the combined entity as part of efforts to strengthen digital public services.

Fosun weighs sale of €2.8bn BCP stake. (Bloomberg)

Fosun is considering options including a sale of its 20.45% stake in Banco Comercial Português as it looks to raise cash.

The holding is no longer seen as strategic as the group continues to streamline its portfolio.

Engie eyes $1bn divestments to fund UK acquisition. (Bloomberg)

Engie is preparing asset sales in the US and France that could raise up to $1bn as it seeks to finance a UK power-distribution acquisition.

The company is working with advisers to sell stakes in energy partnerships as it reshapes its portfolio.

Iberdrola pauses $1bn solar stake sale. (Reuters)

Iberdrola has put on hold the planned sale of a minority stake in its Spanish solar portfolio known as Project Julieta.

The company had been seeking a valuation of around $1bn for the assets as part of a broader divestment process.

Unite explores accelerated asset sales strategy. (Reuters)

Unite Group is looking to speed up asset disposals as it refocuses on higher-yielding student accommodation.

The company aims to optimize its portfolio amid changing demand dynamics and tighter visa policies.

Warburg Pincus launches European defence investment platform. (Press Release)

Warburg Pincus has established a dedicated European defence investment platform with backing from MEAG.

The strategy targets defence and related sectors as governments increase spending and focus on strategic capabilities.

APAC

Self Labs completes the acquisition of Loam.

Self Labs, a company specializing in privacy‑preserving identity verification and proof‑of‑human solutions, completed the acquisition of Loam, an AI company focused on agentic workflows and intelligent automation, according to press releases. Financial terms were not disclosed.

Japan backs Rapidus with $16bn in AI chip funding. (Bloomberg)

Japan is committing up to $16bn in subsidies and investment to support Rapidus as it develops domestic AI chip manufacturing capabilities.

The funding aims to accelerate production and support early customers such as Fujitsu as the project scales.

IOI Properties files REIT IPO to raise $500m. (Bloomberg)

IOI Properties is planning a REIT listing that could raise about $500m by injecting retail, hotel and office assets into the vehicle.

The portfolio includes major properties such as IOI City Mall and W Kuala Lumpur as the company advances its listing plans.

Maxivision Eye Hospitals weighs India IPO. (Bloomberg)

Quadria-backed Maxivision Eye Hospitals is preparing for an IPO and has begun discussions with banks on a potential listing.

The company is expected to appoint advisers as it advances plans to tap public markets.

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