Mergers & Acquisitions

Oakland – November 05, 2026 -- BKF has acquired Waterways Consulting, Inc., a water resource engineering firm specializing in ecological restoration and nature-based design, adding to the 900-person infrastructure firm's push to become a full-service provider in the Western United States.

Waterways adds stream restoration, fish passage and dam removal expertise

Waterways operates from regional hubs in Santa Cruz, California, and Portland, Oregon. Its credentialed team of environmental professionals and engineers is known for stream restoration, fish passage design, dam removal and watershed planning. Clients of the firm include private companies, government agencies, special districts and nonprofit organizations.

Alexandria, Va. – November 05, 2026 -- BRG Communications, a healthcare PR agency with six consecutive years of double-digit revenue growth, has acquired startup-focused agency We Are HeadStart. It will run the business as BRG HeadStart, a division serving healthcare startups, emerging brands and investors.

Founders stay on as managing directors of the new division

Michael Stern and Naomi Brodsky, who founded HeadStart in 2021, will lead BRG HeadStart as Managing Directors. Their existing team will continue to work remotely.

HeadStart's clients include startups, venture capital firms, accelerators and other organizations supporting innovation, with a focus on the health, work and growth sectors. BRG CEO Jane Barwis said the deal helps BRG "reach new segments of the healthcare market."

KIRKLAND – November 05, 2026 -- Shield has agreed to acquire radar maker Echodyne Corp. in a transaction valued at $5.3 billion, adding software-defined radar to its defense portfolio as demand for counter-drone systems grows. Echodyne radars are built into hundreds of counter-drone and security systems used by defense, government and commercial customers in more than 40 countries. Both companies expect triple-digit revenue growth this fiscal year.

Shield raises $2.5 billion across equity and debt to fund the deal

The financing includes $1 billion in Series H funding at a $28.8 billion post-money valuation. Funds managed by Blackstone are contributing a $1 billion structured equity investment. JPMorgan Chase Bank, N.A., as Sole Arranger, is leading $500 million in debt financing.

Addison, Texas – November 04, 2026 -- Arcline-backed Signia Aerospace has signed a definitive agreement to acquire Heads Up Technologies from JLL Partners, adding a cabin systems supplier to its Aircraft Systems business. The announcement did not state a purchase price.

Heads Up Technologies adds cabin management, lighting and displays to Signia's portfolio

Heads Up, headquartered in Addison, Texas, supplies proprietary cabin management systems, audio and video distribution, cabin lighting, electronic controls, displays and passenger interfaces. Its customers include aerospace OEMs and aircraft operators across business and commercial aviation.

Tampa – November 04, 2026 -- Schryver & Co. served as exclusive M&A advisor on the sale of Bee & Jay Plumbing & Heating Corp., a Hudson Valley contractor founded in 1964, to New York entrepreneur Tom Kulesa. Terms were not disclosed.

Owner-operator buyer keeps Bee & Jay's name, team and local leadership

Kulesa, founder of Jadwin Capital, will lead the Mahopac, N.Y.-based company. The deal retains the Bee & Jay brand, workforce and local management. Jadwin Capital is the vehicle through which Kulesa acquires and operates family- and founder-owned businesses.

Co-owner Joe Scollan said Kulesa will bring additional financial and operational resources to accelerate growth. Kulesa said he plans to invest in people, tools and systems.

Stamford -- Curaleaf Holdings says its enhanced premium offer of October 6, 2026 for all outstanding Aurora Cannabis common shares remains open, after Aurora announced an alternative transaction with Organigram Global.

Curaleaf argues its offer delivers better value, a combined business with a stronger capital markets profile, greater certainty and speed to close, and larger anticipated synergies. The offer is made under an Offer to Purchase and Circular dated August 18, 2026, amended on October 6, 2026. Curaleaf has filed a Form F-80 registration statement and a Schedule 14D-1F tender offer statement with the U.S. SEC.

Monticello, Mississippi – November 03, 2026 -- Atlas-SSI, Inc. has acquired Linita Design & Manufacturing, a custom hydro-mechanical equipment maker with more than 35 years of experience, to broaden its water control and debris management offering for dams and hydropower facilities. The announcement did not include financial terms.

Linita adds gates, hoists and trash-rack systems to the Atlas-SSI portfolio

Linita designs and manufactures custom water-control gates, hoists, cranes, stoplogs, trash-rack systems and hydraulic actuation. Its equipment serves dams, hydropower facilities and other critical infrastructure.

Atlas-SSI describes itself as North America's leading full-service provider of water management solutions. Its current portfolio spans screens, gates, barriers, wastewater treatment equipment and flood protection systems, supported by certified field service and dive teams for installation, inspection and maintenance.

PITTSBURGH – November 03, 2026 -- Expedient has acquired phoenixNAP's U.S. managed VMware cloud business, moving its clients onto a Broadcom Pinnacle tier provider before VMware Cloud Service Provider contracts for non-renewing partners end in March 2027. Terms were not disclosed.

The deal covers phoenixNAP's managed VMware cloud services and its Veeam-based backup and disaster recovery as a service (DRaaS) business. Both serve U.S. clients from phoenixNAP facilities in Phoenix, Arizona, and Ashburn, Virginia.

Broadcom's VCSP consolidation sets the March 2027 deadline

Broadcom is consolidating its VMware Cloud Service Provider (VCSP) program. Contracts for providers that are not renewing, phoenixNAP among them, expire in March 2027. Their clients need a licensed, supported home for VMware workloads before that date.

ANNAPOLIS – November 03, 2026 -- Sunraycer Renewables, a Crayhill Capital Management portfolio company, has acquired the Gem City and Mighty Mississippi solar projects, totaling 325 MWac, from Apricus Energy. The deal extends the independent power producer's presence in the Midcontinent Independent System Operator (MISO) market into Illinois and Missouri. Apricus is a joint venture between NOVI Energy and Osaka Gas USA.

Two projects in Ameren territory add 325 MWac to Sunraycer's pipeline

Gem City is a 175 MWac project in Adams County, Illinois, and will interconnect to Ameren's 138 kV transmission system. Mighty Mississippi is a 150 MWac project in New Madrid County, Missouri, and will interconnect to Ameren's 161 kV system.

Sunraycer describes its development, construction-stage and operational pipeline as roughly 3 GW of solar and battery utility-scale assets.

Plainview – November 03, 2026 -- ZBS Group LLP has acquired the tax and accounting practice of Joseph Rabinowitz, CPA, the fourth CPA practice succession in which Michael Zaidman, CPA and financial advisor, and his team have been selected as successor. Financial terms were not disclosed.

Rabinowitz stays on through the transition period

Rabinowitz will work alongside the ZBS team after closing to facilitate client introductions and maintain service continuity. He said identifying a successor who could preserve client relationships while adding resources was his central priority.

The practice serves individuals, families, and businesses. It will complement ZBS Group's existing tax and accounting capabilities, and its clients gain access to a larger team spanning tax, accounting, and financial and investment advisory services.