Latest Corporate News
Connor Teskey Appointed CEO of Brookfield Asset Management
Connor Teskey has been named CEO of Brookfield Asset Management, succeeding Bruce Flatt who will remain chair and CEO of Brookfield Corporation. Teskey, with Brookfield since 2012, was recently BAM’s president and headed Brookfield Renewable. This leadership transition highlights continuity in the alternative-investment giant.
Evergreen Targets 30-40 MSP Acquisitions in 2026 After Record Year
Evergreen, the first billion-dollar MSP, plans 30-40 acquisitions in 2026 following 16 deals in Q4 2025 and $1B revenue. Co-founder Ramsey Sayhoun aims for $5B by 2030 via acquisitions, organic growth, and margin expansion. The strategy emphasizes decentralized buy-and-hold model.
Kennedy Wilson Holdings to Go Private in $10.90/Share Deal
Kennedy Wilson is being acquired by a consortium led by CEO William McMorrow and Fairfax Financial for $10.90 per share, a 46% premium, expected to close Q2 2026. The firm manages $31B in assets and recently upped its Toll Brothers acquisition to $380M. Shares will delist from NYSE post-deal.
Pet Food M&A Heats Up with Three Deals in February 2026
Agrolimen acquired U.S. fresh pet food brand Ollie; Pure Treats bought Primal Pet Foods; Nasta Pet Food took over FirstMate Pet Foods. Deals highlight alternative formats like raw/fresh and private equity involvement. Activity signals upturn after sluggish years.
Altus Group Names Rich Sarkis as Chief Marketing Officer
Rich Sarkis, from Reonomy acquisition, appointed CMO effective immediately; previously president of software and data, key in Argus Intelligence launch. Multiple leadership changes in real estate firms reported. Strengthens marketing amid tech integration.
DOJ Requires Divestitures for Columbus McKinnon-Kito Crosby Deal
DOJ settlement mandates Columbus McKinnon divest power chain hoist and chains businesses for Kito Crosby acquisition, holding 70%+ market share. Aims to maintain competition in lifting equipment. Similar remedies in Reddy Ice-Arctic Glacier ice deal.