Mergers And Acquisitions

CID Capital Acquires Kaiser Garage Doors in Third Fund IV Deal

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CID Capital Acquires Kaiser Garage Doors in Third Fund IV Deal

Nashville, Tenn. – September 17, 2026 -- XLCS Partners, Inc. served as buyside advisor to CID Capital on its investment in Kaiser Garage Doors & Gates, LLC, a deal that closed on September 17, 2026.

CID Capital completes third platform investment from its latest fund

The Kaiser transaction marks the third platform investment from CID Capital Opportunity Fund IV, L.P. CID Capital, based in Indianapolis, Indiana, is a private equity firm that takes control positions in lower middle market companies, focusing on founder- and family-owned businesses.

Kaiser brings 30-plus years of regional operations across Arizona

Headquartered in Tucson, Arizona, Kaiser installs and services residential and commercial overhead doors and gates across the Phoenix, Tucson, and White Mountains markets. The company has built its footprint over more than three decades, establishing long-standing customer relationships in the region.

o15 Capital Exits $31M Facility After Simplify Compliance Unit Sale

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o15 Capital Exits $31M Facility After Simplify Compliance Unit Sale

Atlanta – – September 17, 2026 -- o15 Capital Partners has successfully exited a $31 million senior secured credit facility provided to Simplify Compliance Holdings, LLC through its Emerging America Credit Opportunities fund and affiliates. Repayment followed the sale of Simplify's datacenterHawk business unit to S&P Global.

o15 realizes full repayment on $31 million facility backing Leeds Equity-owned Simplify

Simplify Compliance Holdings, a diversified provider of B2B training, events and subscription information, is backed by Leeds Equity Partners. The credit facility supported the Company's strategic objectives and Leeds Equity's value creation initiatives across Simplify's compliance, workforce training, and data and information businesses.

Eli Lilly Closes Acquisition of AtaiBeckley, Gains Depression Drug BPL-003

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Eli Lilly Closes Acquisition of AtaiBeckley, Gains Depression Drug BPL-003

Indianapolis – September 17, 2026 -- Eli Lilly and Company (NYSE: LLY) has completed its acquisition of AtaiBeckley Inc., a clinical-stage biopharmaceutical company developing rapid-acting neuroplastogens for mental health conditions.

Deal adds BPL-003 to Lilly's neuroscience pipeline for treatment-resistant depression

The acquisition brings Lilly control of AtaiBeckley's lead investigational program, BPL-003, targeting patients with treatment-resistant depression who have not responded to multiple prior therapies. AtaiBeckley shareholders approved the transaction at a special meeting held ahead of closing.

Olin-Huntsman Merger Clears US Antitrust Review, Nears Closing

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Olin-Huntsman Merger Clears US Antitrust Review, Nears Closing

Clayton, Mo. and The Woodlands, Texas – – September 17, 2026 -- Olin Corporation (NYSE: OLN) and Huntsman Corporation (NYSE: HUN) confirmed that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired, clearing a key regulatory hurdle for their planned merger of equals.

HSR clearance removes a major closing condition for the chemical sector merger

The expiration satisfies one of the primary conditions required to close the transaction, though the deal still awaits additional regulatory approvals that are currently underway.

Shareholders of both companies approved the deal on September 17, 2026

Investors from Olin and Huntsman overwhelmingly backed the merger of equals at their respective shareholder votes, clearing the corporate governance path toward completion.

Truecaller Closes $15 Million Acquisition of TextPlus

Stockholm – September 17, 2026 -- Truecaller AB has completed its acquisition of Los Angeles-based TextPlus Inc. for a purchase price valuing the target at USD 15.0 million on a cash- and debt-free basis. The transaction closed on September 17, 2026, with TextPlus consolidated into Truecaller's financials as of September 9.

Truecaller gains US foothold and VoIP capability through TextPlus deal

The acquisition expands Truecaller's presence in the United States and adds second-number and internet-based calling (VoIP) capabilities to its offering, moving the company toward a broader communications platform. Truecaller had first announced the agreement to acquire 100% of TextPlus shares on September 17, 2026.

Modine to Rebrand as Modexus Solutions After Gentherm Merger

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Modine to Rebrand as Modexus Solutions After Gentherm Merger

Racine – September 17, 2026 -- Modine Manufacturing Company (NYSE: MOD) will rename itself Modexus Solutions once it completes the spinoff of its Performance Technologies business and merges the remaining operations with Gentherm, the company confirmed. The rebrand requires shareholder approval and the new entity will keep trading under the existing ticker, MOD.

Gentherm shareholders approve transaction at September 10 meeting

Gentherm shareholders overwhelmingly approved the deal at a special meeting held on September 17, 2026. The transaction is expected to close September 17, 2026, pending customary closing conditions.

Shell Sells New England Gas Plant Stake for $715M, Buys PA Asset

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Shell Sells New England Gas Plant Stake for $715M, Buys PA Asset

Houston – September 17, 2026 -- Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc, has agreed to sell its interests in RISEC Holdings, LLC to Constellation Energy Generation, LLC for $715 million while simultaneously acquiring 100% equity in Hunlock Creek Generating LLC, a 169-megawatt gas-fired generation asset in Pennsylvania.

Shell exits New England plant to lock in accelerated gains

RISEC owns a 609-MW, two-unit combined cycle gas turbine power plant serving the New England power market. SENA has held an energy conversion agreement for the plant's full electricity output since 2019, an arrangement that will terminate once the Constellation sale closes. The company said the transaction brings forward returns it had expected to realize through longer-term ownership, delivering a significant gain on the sale.

Grain Management Merges Ritter, Great Plains Into Rightfiber

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Grain Management Merges Ritter, Great Plains Into Rightfiber

Washington – September 16, 2026 -- Grain Management has completed the merger of Ritter Communications and Great Plains Communications, forming Rightfiber, one of the nation's largest privately held fiber broadband platforms operating across 20 states.

New entity secures $1.6 billion credit facility to fund expansion

Rightfiber has entered into a $1.6 billion credit facility led by Fifth Third Bank to finance organic growth and potential acquisitions. CEO Heath Simpson said the company's team is in place, its network connected, and systems integration is under way following the funding close.

Combined network reaches 300,000 fiber passings across 28,000 miles

Rightfiber now serves more than 400 communities in 20 states through a 28,000-mile fiber network with over 300,000 Fiber-to-the-Home passings. The platform provides services to residential customers, businesses, carriers, hyperscalers and community partners.

Dunes Point Capital Sells NextGen Security to Apax Partners

Rye, N.Y. – September 16, 2026 -- Dunes Point Capital, LP ("DPC") has sold NextGen Security LLC to funds advised by Apax Partners LLP, exiting an electronic security integrator that operates across 8 locations.

NextGen serves regulated facilities across four end markets

Based in Exton, Pennsylvania, NextGen is an end-to-end integrator of electronic security systems for complex and regulated facilities. The company serves industrial, healthcare, education, and commercial end markets through its 8-location footprint.

Multiple advisory firms structured the transaction

William Blair & Company, L.L.C. and Raymond James & Associates, Inc. served as M&A advisors to DPC on the sale. Polsinelli PC acted as legal advisor, while Alvarez & Marsal Global Transaction Advisory Group provided financial due diligence services for the deal.

Clement Auto Group Enters Ohio via Mansfield Motor Group Acquisition

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Clement Auto Group Enters Ohio via Mansfield Motor Group Acquisition

Irvine, Calif. – – September 16, 2026 -- Performance Brokerage Services has brokered the sale of Mansfield Motor Group, a three-rooftop Nissan, Honda and Volvo dealership group in Mansfield, Ohio, from Dirk Schulter and Brett Schulter to Penuel "Raj" Clement of Clement Auto Group.

Family-owned dealership group founded in 1947 changes hands after four generations

Mansfield Motor Group traces its roots to Whitey's Auto Mall, established by Frank "Whitey" Schluter and recognized as one of the early pioneers of the multi-franchise auto mall model. Brothers Dirk and Brett Schluter took ownership in 2001 and led the 79-year-old business until this sale.