Mergers And Acquisitions

Heintz Performance Acquires NASCAR Steering Supplier Woodward Machine

Image
Heintz Performance Acquires NASCAR Steering Supplier Woodward Machine

Concord, N.C. – October 02, 2026 -- Heintz Performance Inc. has acquired Woodward Machine Corporation, the exclusive steering supplier to the NASCAR Cup Series since 1995, in a deal brokered by Viking Mergers & Acquisitions.

Deal caps a 30-year supplier relationship between the two motorsports companies

Heintz Performance, a motorsports and performance retailer based in Concord, North Carolina, had worked with Woodward Machine for three decades before the acquisition. Jeff Edge, a senior advisor in Viking M&A's Charlotte office, represented the seller, Tony Woodward, in the transaction.

Labsphere Acquires Photon Gear to Unify Optical Systems Supply Chain

Image
Labsphere Acquires Photon Gear to Unify Optical Systems Supply Chain

North Sutton, N.H. – October 02, 2026 -- Labsphere, Inc. has acquired Photon Gear, Inc., an Ontario, New York-based designer of ultra-high-precision custom optical systems and lens assemblies, combining light generation and measurement with precision lens engineering under one supplier.

Labsphere consolidates lens design and light measurement into a single vendor offering

The deal merges Labsphere's platform for light generation, control, and measurement with Photon Gear's custom lens design, assembly, and interferometric test capabilities. Customers in medical devices, analytical instrumentation, semiconductor, and aerospace and defense can now source a designed-to-specification lens assembly alongside the light sources, integrating spheres, and calibration needed to qualify it from one company, cutting design cycles and reducing the vendor count on a program.

Steward Partners Adds Six Teams, $2.2B in Assets in Q3

Image
Steward Partners Adds Six Teams, $2.2B in Assets in Q3

Stamford, Conn. – October 01, 2026 -- Steward Partners added six advisor teams managing a combined $2.2 billion in client assets during the third quarter of 2026, with five of the six joining through the firm's M&A channel.

Five teams join via acquisition, underscoring consolidation demand among independent advisors

American Financial Advisors, led by Mike Stark in Georgia, brought approximately $1 billion in client assets, the largest addition of the quarter. O'Neill Wealth Management in New Jersey contributed roughly $426 million, followed by Sapphire Blue Advisors in Michigan with about $305 million. KM Private Wealth, led by Kyle Martin in Alabama, added $194 million, while Axiom Capital Wealth Management, led by Bob Phinney in Massachusetts, brought $191 million. Integrity Financial Services, led by Jeff Seitz in Washington, joined through Steward's traditional affiliation model with $116 million in assets.

Nuveen Completes Schroders Acquisition, Forms $2.6 Trillion Asset Manager

Image
Nuveen Completes Schroders Acquisition, Forms $2.6 Trillion Asset Manager

New York – – October 01, 2026 -- Nuveen has completed its acquisition of Schroders, creating a combined asset and wealth manager with $2.6 trillion in assets under management as of June 30, 2026.

Combined firm claims top-ten rank across three asset classes globally

The merged entity holds a top-ten global position in active equities, active fixed income and private markets, based on year-end 2025 data from Preqin, P&I, eVestment and company reports. It operates in more than 40 markets with significant presence across the US, UK, Europe and Asia-Pacific.

TIAA backs deal as parent shareholder

TIAA CEO Thasunda Brown Duckett said the acquisition strengthens investment capabilities feeding TIAA's retirement and annuity products. TIAA paid out more than $6.17 billion in annuity income to retired clients in 2025.

Fresenius Takes Full Ownership of mAbxience in Biosimilars Push

Image
Fresenius Takes Full Ownership of mAbxience in Biosimilars Push

Madrid – October 01, 2026 -- Fresenius SE & Co. KGaA has completed the acquisition of the remaining 45% stake in mAbxience from Insud Pharma, giving the German healthcare group full ownership of the Spanish biosimilars manufacturer.

Fresenius consolidates control after four-year partnership

Fresenius first acquired a 55% majority stake in mAbxience in August 2022 and has consolidated the business since then. The deal closes out that ownership structure, placing mAbxience's biosimilars platform entirely within Fresenius Kabi's Biopharma division, which spans development, manufacturing and commercialization.

IMG Finalizes World Nomads Acquisition, Expands Travel Insurance Reach

Image
IMG Finalizes World Nomads Acquisition, Expands Travel Insurance Reach

Sydney – October 01, 2026 -- IMG (International Medical Group) has completed its acquisition of World Nomads, a deal first announced in February 2026, extending its travel insurance distribution network across seven major markets.

Deal expands IMG's footprint into US, UK, EU, Australia, New Zealand, Brazil and Canada

The combined entity will now distribute travel protection and assistance products across these markets, reaching travelers from more than 100 countries who previously relied on World Nomads' specialized adventure travel coverage.

Paramount Skydance-Warner Bros. Discovery Merger to Close Oct. 6

Image
Paramount Skydance-Warner Bros. Discovery Merger to Close Oct. 6

NEW YORK – October 01, 2026 -- Paramount Skydance Corporation (NASDAQ: PSKY) and Warner Bros. Discovery, Inc. (NASDAQ: WBD) confirmed their merger is expected to close October 01, 2026, finalizing one of the largest media consolidations in recent years.

WBD shareholders to receive $31.01666668 per share at anticipated closing

Under the Merger Agreement dated October 01, 2026, each outstanding share of WBD common stock will convert into a cash right of $31.00 plus a daily accrual of $0.00277778 for each calendar day elapsed after October 01, 2026 through the closing date. If the deal closes on the anticipated date of October 01, 2026, the per-share payout totals $31.01666668.

Clean Team Secures Blue Sage Capital Investment for M&A Growth

Image
Clean Team Secures Blue Sage Capital Investment for M&A Growth

Charlotte – September 30, 2026 -- Clean Team, a 30-year-old commercial janitorial services provider based in Toledo, Ohio, has received an investment from Austin-based private equity firm Blue Sage Capital to fund continued expansion. BlackArch Partners served as exclusive financial advisor to Clean Team on the transaction.

Clean Team operates 18 branches across 13 states in the Midwest and Southwest

The Company provides recurring janitorial services, specialty cleaning and consumable hygiene products to commercial clients in healthcare, manufacturing, distribution/fulfillment, education, government and office sectors. Clean Team has grown through a combination of organic expansion and strategic acquisitions since its founding in 1996 by CEO Bob Armbruster.

Forum Health Names Elizabeth Campbell CFO and Development Officer

Image
Forum Health Names Elizabeth Campbell CFO and Development Officer

Lisle, Ill. – – September 30, 2026 -- Forum Health, LLC has appointed Elizabeth Campbell as Chief Financial and Development Officer, a newly created role tasked with leading fundraising and acquisitions as the functional medicine network pursues rapid expansion.

Campbell joins after building and selling a 88-clinic orthodontic platform

Campbell co-founded myOrthos, LLC in 2019 and served as CEO, completing 37 acquisitions to build a platform of 88 clinics across 14 states before its 2025 sale to Smile Doctors, a portfolio company of TH Lee. She brings more than 20 years of experience spanning The Boston Consulting Group, private equity roles at SV Life Sciences Advisors and LLR Partners, and healthcare operating leadership.

TGE Net Profit Jumps 9.9x on Hotel Acquisition Spree in H1 2026

Paris – – September 30, 2026 -- The Generation Essentials Group (NYSE: TGE; LSE: TGE) reported net profit of US$22.8 million for the six months ended June 30, 2026, a 9.9-fold increase driven by an aggressive expansion of its global hotel portfolio.

Revenue climbs 35.8% as hospitality segment surges 59.8%

Revenue from contracts with customers rose to US$30.8 million in the first half of 2026, up 35.8% year-on-year. The hotel operations, hospitality, and VIP services segment expanded 59.8%, becoming the primary growth driver following the acquisition and integration of four hotel properties in New York, Perth, Kuala Lumpur, and London.

EPS jumps 366.7% to US$0.56 as balance sheet expands to US$1.8 billion

Earnings per share increased 366.7% to US$0.56. Total assets stood at US$1.8 billion, equivalent to US$37.2 per share, while net asset value reached US$932.5 million, or US$19.2 per share.