Latest Corporate News News
Summitry Acquires Vantage Wealth for $721 Million
Summitry, a Bay-area RIA with $3.36 billion in AUM, announced the acquisition of Pasadena-based Vantage Wealth, which manages $721 million in AUM focused on business owners and executives. The deal enhances Summitry's personalized financial planning and investment strategies. Founded in 2003, Vantage provides tailored services to successful families.
ISPN Acquires ZCorum to Boost Broadband Managed Services
Align Capital Partners’ portfolio company ISPN completed the acquisition of ZCorum, a Georgia-based provider of broadband diagnostics and managed services for rural internet providers. The move positions the combined entity as a market leader in improving operational efficiency and subscriber experience. ZCorum helps reduce costs for broadband operators.
ATIS Acquires Soberman Engineering to Expand in Toronto
Thompson Street Capital Partners-backed ATIS, through subsidiary KJA, acquired Soberman Engineering, enhancing its elevator and escalator safety inspections in North America. Soberman specializes in advisory services for new construction, modernization, and inspections. The acquisition strengthens ATIS's footprint in Toronto.
Journey Financial Group to Acquire Lone Star Bank
Houston-based Journey Financial Group announced an agreement to acquire Lone Star Bank, expanding its financial services portfolio. The deal was disclosed on March 9, 2026. Details on terms remain pending shareholder approval.
USA Rare Earth Acquires Texas Mineral Resources Corp for $73M
USA Rare Earth (USAR) will acquire all outstanding shares of exploration-stage mining company Texas Mineral Resources Corp (TMRC) for 3,823,328 shares of USAR stock, valued at approximately $73 million based on March 4 closing price. Loeb & Loeb advised TMRC in the transaction. USAR specializes in rare-earth elements extraction and production.
Vitruvian Partners-Backed Arrive Acquires Passport
Kirkland & Ellis advised Arrive, backed by Vitruvian Partners, on its acquisition of Passport, unifying enforcement technology, paid parking, and payment infrastructure for mobility platforms. The deal was announced March 4, 2026. It creates an autonomous-ready mobility solution.
Honda and Nissan Formalize Merger Talks for 2026 Combination
Honda and Nissan have formalized merger discussions, aiming to create a holding company listed by August 2026 to combine operations. The move targets synergies in the automotive sector amid manufacturing challenges. It follows recent deals in the industry.
Devon Energy and Coterra Energy Announce $58 Billion Merger
Devon Energy and Coterra Energy revealed a $58 billion merger in February 2026, one of the largest global M&A deals that month. The transaction spans the energy industry amid rising oil prices. It reflects consolidation in oil and gas sectors.
IQM Announces Merger with Real Asset Acquisition Corp
IQM merged with Real Asset Acquisition Corp, including concurrent pipe financing, as part of ongoing biopharma and tech deals. The announcement highlights active M&A in real assets. Related deals include Sensei Biotherapeutics acquiring Faeth Therapeutics on March 9.
35Pharma Enters Agreement to Be Acquired by GSK
GlaxoSmithKline (GSK) agreed to acquire 35Pharma on March 9, 2026, continuing its biopharma expansion after deals like Rapt Therapeutics. This reflects hot M&A activity in drug development. GSK's strategy targets inflammatory and immunologic diseases.
Hungarian Police Seize $40M and Gold from Ukrainian Bank Convoy
Hungarian police raided a convoy near Budapest, seizing $40 million, $35 million, and 9 kg of gold from vehicles linked to Austria's Raiffeisen Bank and Ukraine's Oshad Bank. The incident sparked a diplomatic row, with Ukraine accusing Hungary of state terrorism. Lawyers claim it was a routine transfer to Kyiv.