Industry Consolidation

BALTIMORE – October 30, 2026 -- Greg Abel, CEO and founder of Abel Communications, will serve as President of the newly formed Public Relations Society of America (PRSA) Maryland Chesapeake chapter, following the merger of the PRSA Maryland and Central Chesapeake chapters.

Members and boards of both chapters approved the merger, as did PRSA's national leadership. It takes effect immediately, with a strategic focus on the Greater Baltimore region.

Board draws on agencies, higher education, public media, philanthropy and advocacy groups

Abel will work alongside a board representing public relations agencies, higher education, public media, philanthropy, and advocacy organizations. The board aims to strengthen programming and create more opportunities for members to learn and build relationships.

Abel said the combined chapter is committed to delivering "high-quality and consistent programming" for its members.

Raleigh – October 29, 2026 -- CAPTRUST Financial Advisors has added Pacific Sage Partners (PSP), an Edmonds, Washington-based wealth management firm that advises on approximately $1.1 billion in client assets.

Eight-person PSP team under founder Mark Anderson moves into CAPTRUST

PSP is led by founder and CEO Mark Anderson and has eight team members. The firm has built its business around a holistic approach to wealth management. As with previous CAPTRUST transactions, PSP will adopt the CAPTRUST brand.

Anderson said the combination relieves his team of operational burdens so they can focus more on client financial decisions.

Atlanta – October 15, 2026 -- Clarion Communications LLC, which says it and its predecessor companies have completed more than 30 acquisitions in over 20 years, is pursuing further tuck-in deals in the UCaaS and managed service provider (MSP) market while its IPitomy Communications LLC subsidiary adds AI-powered Advanced Call Management (ACM) to its proprietary UCaaS platform.

IPitomy bundles call control, intelligence and caller identity in ACM

ACM combines three capability sets across the call lifecycle in a single platform. Call Control covers inbound and outbound call management, consistent routing, centralized number management and flexible call handling.

Call Intelligence adds call recording, searchable transcripts and greater visibility into customer interactions and calling activity. Caller Identity covers branded calling, caller ID management and tools that support number reputation.

Morristown, N.J. – October 01, 2026 -- Financial Executives International (FEI) has opened its Media Finance Section, folding in roughly 1,200 business and financial executives from the Media Financial Management Association (MFM) as the association's first industry-specific section.

MFM members approved the merger on July 15, 2026, after board endorsement from both organizations

MFM, founded in 1961 and serving executives across broadcast, cable, publishing, streaming and digital media, now operates fully inside FEI as the Media Finance Section, effective October 1, 2026.

San Francisco – September 18, 2026 -- Medallion has acquired Andros, an NCQA-certified credentials verification organization, in a deal that consolidates over a million healthcare providers across nearly 400 organizations and health plans onto a single AI-driven credentialing platform.

Deal creates largest AI-native credentialing platform in the U.S.

The acquisition combines Medallion's automated credentialing and enrollment technology with Andros's 13-year track record serving health plans, health systems, provider groups, and telehealth companies since 2013. Terms of the transaction were not disclosed. Bailey & Company served as exclusive financial advisor to Andros.

Berwyn, Pa. – September 15, 2026 -- Envestnet has signed a definitive agreement to acquire Vestmark, merging a wealthtech platform serving more than a third of U.S. advisors with $8 trillion in assets with a trading and portfolio management provider supporting $2 trillion in assets and over five million investor accounts.

Envestnet gains institutional-grade trading and tax transition technology from Vestmark

The acquisition adds Vestmark's portfolio management technology, institutional-grade trading infrastructure, and outsourced investment management services to Envestnet's ecosystem. Vestmark, headquartered in Wakefield, Massachusetts and founded in 2001, has built its client base over 25 years working with wirehouses and firms running institutional-scale trading operations.