Latest Corporate News News
Clearwater Analytics Acquired for $8.4 Billion by Permira and Warburg Pincus-Led Group
Clearwater Analytics Holdings (NYSE: CWAN) agreed to be acquired by an investor group led by Permira and Warburg Pincus, with Temasek and Francisco Partners, for $8.4 billion including debt, at $24.55 per share in cash. The deal, announced December 21, 2025, expects to close in H1 2026 pending stockholder and regulatory approvals. Kirkland & Ellis advised CWAN through a thorough process by the independent Special Committee.
Alphabet to Acquire Intersect for $4.75 Billion to Boost Energy Innovation
Alphabet announced the acquisition of Intersect, a provider of next-generation infrastructure for data centers via co-located gas and renewable power, for $4.75 billion. Intersect manages $15 billion in assets and aims to support AI-driven energy needs without burdening grids. The deal accelerates energy solutions for Google's data center expansion.
Global M&A Surge Tops $463 Billion in December 2025
Mergers and acquisitions announced globally this month reached $463.6 billion, up 30% from last year, driving bankers to work through holidays. Key deals include Trump Media's $6B merger with TAE Technologies, IBM's $11B Confluent buy, and Warner Bros Discovery bidding war. Total 2025 M&A hit $4.8 trillion, second-best on record.
Google's Planned $32 Billion Acquisition of Wiz Tops 2025 Tech M&A
Google's bid to acquire cloud security firm Wiz for $32 billion leads the biggest tech M&A deals of 2025. HPE completed its $13.4 billion Juniper Networks acquisition amid AI-driven consolidations. Established firms targeted AI startups to enhance portfolios.
HPE Completes $13.4 Billion Juniper Networks Acquisition
Hewlett Packard Enterprise finalized its $13.4 billion purchase of Juniper Networks, bolstering networking capabilities. The deal reflects IT giants acquiring for AI and market expansion. Other major tech buys include Capgemini's $3.3B WNS acquisition.
TPG Acquires Majority Stake in Conservice from TA Associates
TPG, via its Capital platform, is buying a majority stake in utility billing and payments firm Conservice, joining Advent International while TA Associates exits. The deal expects to close in Q1 2026. Davis Polk advises TPG on the transaction.
Bertram Capital Acquires Left Lane Auto with Capstone Advice
Bertram Capital acquired Left Lane Auto, a consolidator in automotive service and tire retail, advised by Capstone Partners. The partnership provides capital and tech for growth while preserving brand identities. Marks Capstone's fourth sector deal.
Palo Alto Networks and CrowdStrike Lead Cybersecurity M&A
Cybersecurity leaders Palo Alto Networks and CrowdStrike pursued multiple 2025 acquisitions, including CrowdStrike's buys of Onum and Pangea. Other deals: Proofpoint's $1.8B Hornetsecurity, Sophos' $859M Secureworks. Trend focuses on AI and XDR enhancements.