Mergers Acquisitions

Greenwich, Conn. – October 07, 2026 -- Silver Point Capital's Direct Lending business has led a $650 million term loan financing to support Stryten Energy LLC's acquisition of C&D Technologies, Inc. and Trojan Battery Company, LLC, creating a combined battery manufacturing platform operating 18 facilities across the United States, Mexico and China.

Stryten completed the C&D Trojan acquisition on October 1, 2026

The deal brings together Stryten's existing energy storage business with C&D Technologies' stationary batteries, used in data center, telecom, utility and government standby power applications, and Trojan's specialty motive batteries, which power golf carts, low-speed electric vehicles, aerial lifts, floorcare machines, RVs and boats. Stryten is a portfolio company of Atlas Holdings, while C&D Trojan was previously owned by KPS Capital Partners.

Fountain Valley, Calif. – October 06, 2026 -- Sunshine Retirement Living has closed the sale of Park View Estates, a 150-unit assisted living and memory care community in Fountain Valley, California, with the transaction completed on October 1, 2026.

Sunshine developed the community from entitlement through operations before the sale

Sunshine led design, construction, staffing and day-to-day management of the property at 11360 Warner Avenue, which welcomed its first resident on February 1, 2021. The company's involvement spanned the full lifecycle of the asset, from ground-up development to ongoing operations.

Stockholm – October 06, 2026 -- Loomis has completed the acquisition of 99.80 percent of shares in Hermes Transportes Blindados S.A., a leading Peruvian security logistics provider, for approximately USD 297 million (SEK 3 billion).

Tender offer secures nearly full ownership of Peruvian valuables manager

The transaction followed a public tender offer (OPA) launched on October 06, 2026, after Loomis signed a Tender Offer Agreement on October 06, 2026, with shareholders representing 99.49 percent of outstanding shares. By the October 06, 2026 offer deadline, 87,072,827 shares had been tendered, representing 99.80 percent of Hermes' outstanding stock. The deal closed on October 06, 2026, after all conditions were fulfilled.

Lund, Sweden – October 05, 2026 -- Alfa Laval has initiated full integration of Desmet, the process engineering specialist it acquired in 2022, with completion targeted for July 2027.

Alfa Laval merges Desmet into its Food & Pharma Division after four years as a standalone unit

Desmet, including its RoseDowns and Stolz brands, has operated separately since Alfa Laval's 2022 acquisition. The company will now be absorbed into Alfa Laval's Business Unit Process Engineering Solutions, with the Desmet name retained as a product and process technology brand rather than a standalone entity.

Toronto – October 01, 2026 -- Modaxo Inc. has completed its largest acquisition to date, absorbing over 2,000 employees across 15 countries from Conduent Incorporated's Transit Fare Management and Fleet Management Solutions businesses.

Modaxo splits acquired Conduent units into two new business brands

The two divisions have been relaunched as standalone Modaxo units: Novvan, a fare collection technology provider for transit agencies, and Routeward, a fleet management platform focused on transit reliability and ridership growth.

Novvan targets fare evasion and revenue leakage for transit agencies

Novvan's fare collection systems are designed to help transit agencies increase revenue, reduce fare evasion, and lower operational costs while maintaining equitable rider access.

London – September 30, 2026 -- Clarenta Group has taken a majority stake in Leads To Development (L2D), a Paris-based preclinical and regulatory consultancy, expanding its reach into early-stage drug development ahead of first-in-human trials.

Clarenta adds non-clinical and manufacturing expertise to its clinical development platform

L2D specializes in defining development pathways, assessing preclinical evidence, troubleshooting manufacturing processes, and building regulatory strategies for biotech and pharmaceutical sponsors. The addition connects this early-stage scientific work directly to Clarenta's existing Early Phase Unit and clinical consulting capabilities.

Singapore – September 30, 2026 -- SWI Capital Holding Ltd. (Euronext Amsterdam: SWICH) reported €4.4 billion in total assets and €2.3 billion in Adjusted NAV for the six months ended June 30, 2026, a 53% increase from December 31, 2025, as the group accelerates its pivot from a diversified holding company into a global AI infrastructure and compute platform.

Profit surges on Genesis Digital Assets stake

Profit for the period reached €631.6 million, driven primarily by the value recognized on SWI Group's investment in Genesis Digital Assets, since rebranded SWI Digital. The interim report was reviewed by Deloitte.

Irvine, Calif. – – September 29, 2026 -- Performance Brokerage Services has brokered the sale of Genesis of Glenview, Illinois, to Joe Ghaben, adding a fifth franchise point to the Chicago-area Ghaben Auto Group.

Ghaben Auto Group expands Chicago footprint with Genesis acquisition

Ghaben Auto Group, founded in 2004, already operates Volkswagen of Oak Lawn, Volkswagen of Orland Park, and the two-location Ultimo Motors luxury pre-owned brand in Northbrook and Westmont. The Genesis acquisition marks the group's entry into the Genesis franchise network.

Dealership will relocate to a new facility on Patriot Boulevard

Genesis of Glenview will retain its name but move operations to a newly built facility at 2929 Patriot Boulevard in Glenview, Illinois.

Los Angeles and Toronto – September 29, 2026 -- BRC Group Holdings, Inc. (NASDAQ: RILY) has agreed to acquire Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) in a deal valuing the communications provider at an enterprise value of approximately $204 million, or C$289 million.

Combined communications revenue reaches $441 million on a trailing-twelve-month basis

BRC's existing communications businesses and Sangoma generated a combined $441 million in trailing-twelve-month revenue as of June 2026, with $241 million from BRC's units and $200 million from Sangoma. BRC's communications portfolio alone produced approximately $52 million in segment income over the same period.

Chicago – September 28, 2026 -- Trading Technologies International, Inc. (TT) has promoted Maxime Jeanniard du Dot to Executive Vice President, Margin Analytics, putting him in charge of the TT Margin business formed after TT's acquisition of OpenGamma in December.

TT consolidates margin analytics under new executive after OpenGamma deal

Jeanniard du Dot spent 10 years as Chief Operating Officer of OpenGamma before the acquisition, giving him direct oversight of the platform now positioned as TT's core margin-analytics offering for hedge funds, asset managers, commodity trading firms and banks.