Latest Corporate News

đź“…February 20, 2026 at 1:00 AM
Major corporate news includes executive appointments at Brookfield and others, aggressive M&A plans by Evergreen and pet food firms, Kennedy Wilson go-private deal, and surging cybersecurity transactions.
1

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.Source 1 This leadership transition highlights continuity in the alternative-investment giant.

2

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.Source 2 The strategy emphasizes decentralized buy-and-hold model.

3

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.Source 4 Shares will delist from NYSE post-deal.

4

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.Source 6 Activity signals upturn after sluggish years.

5

Cybersecurity M&A Hits Record High in 2026

Cybersecurity saw 303 deals worth $78.8B in 2026, a new yearly high for volume and value. Surge reflects strong sector demand and investment.Source 10 This outperforms broader M&A trends amid global slowdown.

6

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.Source 1 Strengthens marketing amid tech integration.

7

IHS Towers Enters $6B Merger Agreement with MTN Group

IHS Towers announced a merger to be acquired by MTN Group for $8.50 per share in an all-cash deal valued at US$6bn on February 17, 2026.Source 8 Transaction positions MTN to expand telecom infrastructure.

8

Brand Factory Group Appoints Ashley Shearer as President

Ashley Shearer named president succeeding founder Joseph Sulpizi; separately, Auger promoted to VP at Tanguay after 26 years. Retail leadership shifts amid personnel moves.Source 1 Focus on continuity and experience.

9

FTC Challenges Sevita Health's Acquisition of ResCare

FTC issued proposed consent order for Sevita's buy of BrightSpring's ResCare, largest providers of services for intellectual disabilities. Requires divestitures in key states to address antitrust concerns.Source 12 Prevents anticompetitive effects.

10

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.Source 12 Similar remedies in Reddy Ice-Arctic Glacier ice deal.

11

Starlight Investments Launches Infrastructure Arm with New President

Kristopher Wojtecki appointed president of new Starlight Infrastructure Solutions business line. Part of wave of C-suite appointments including at ATB Financial and Imperial Equities.Source 1 Expands into infrastructure.

12

NEC Aims for AI-Driven Transformation in Fiscal 2026

NEC plans to leverage AI for reinvention into a world-class company under bold transformation aspirations. Leader Nishihara emphasizes opening future markets.Source 3 Focus on +AI technology initiatives.