Mergers & Acquisitions

Nashville – November 03, 2026 -- Leap Partners, a Southeast home service consolidator that has acquired 36 HVAC, plumbing and electrical companies in four years, has bought 360 Plumbing Service in Richmond, Virginia. The company described the deal as its expansion into Virginia. Financial terms were not disclosed.

360 Plumbing Service keeps its brand and founder-led management

Bob Mancino founded 360 Plumbing Service in 2014. The family-run business serves homes and businesses in Richmond and the surrounding region and has won multiple local awards. Mancino brings more than 35 years of master-level plumbing experience.

The company will keep operating under its established name. Mancino will continue to run daily operations with his team, backed by additional resources, capital and support from Leap Partners.

CHICAGO – November 03, 2026 -- Arity, a subsidiary of The Allstate Corporation, has signed a definitive agreement to acquire the remaining ownership interest in mobility data company Replica, with closing expected in 2026 subject to customary conditions.

Replica adds people-movement data to Arity's mobility platform

Replica supplies privacy-centric data and modeling that help customers understand travel patterns, anticipate changes and evaluate potential outcomes. Its customer base includes public agencies, urban planners and infrastructure decision-makers. The company applies machine-learning models to large-scale datasets and supports compliance with federal reporting requirements, according to the announcement.

Deerfield, Illinois – November 03, 2026 -- Vantive has signed a definitive agreement to divest the majority of its hemodialysis (HD) assets and related operations to Rockwell Medical (Nasdaq: RMTI), with closing expected in mid-2027.

Rockwell Medical acquires concentrates, monitors and water treatment systems

Rockwell will take over Vantive's hemodialysis concentrates, HD monitors and water treatment systems, together with related consumables and technical services. Ownership of Vantive's manufacturing facility in Medolla, Italy will also transfer to Rockwell on completion, to support capacity and the continued development of the global HD business.

Vantive's dialyzer portfolio is excluded from the deal. That includes the Theranova dialyzer, which enables HDx (expanded hemodialysis) therapy.

Dubai – November 03, 2026 -- Cars24 and Alba Cars have combined their UAE operations into a used-vehicle retail business selling more than 1,000 vehicles a month. The operating businesses behind Alba Cars are now part of the Cars24 global group.

Alba Cars contributes about 300 monthly sales and 20+ brands

Alba Cars, founded in Dubai in 2015, employs more than 200 people and sells approximately 300 vehicles per month. Its inventory spans more than 20 automotive brands, and it is among Dubai's recognised premium used-car retailers.

Cars24, also founded in 2015, operates in India, the UAE and Australia. It brings a technology platform, vehicle financing, refurbishment capacity and automotive infrastructure.

GURUGRAM – November 01, 2026 -- Affle 3i Limited has signed a definitive agreement to acquire all outstanding shares of Nasdaq- and TASE-listed Perion Network Limited for US$ 11.70 per share in cash, implying an equity value of about US$ 420 million. The buyer is Affle's Israel-based step-down subsidiary, Affle 3iL Ltd.

Perion enters the deal with no debt and about US$ 228 million in cash

Perion has no financial debt and held a cash balance of about US$ 228 million as of September 30, 2026. The offer covers 100% of issued and outstanding shares, including unvested equity awards under their vesting schedule.

Affle plans to fund the purchase with committed bank financing and available cash. Citibank is the financing bank, LUMA Partners LLC is financial advisor, and Barnea Jaffa Lande & Co. is legal advisor. Because Perion is publicly held, Affle will record transaction costs and related expenses in its opening balance sheet.

COLUMBUS – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for about $1.45 billion in upfront cash. The deal also carries up to $1.15 billion in contingent cash consideration, tied to EBITDA targets over 12- and 24-month periods.

Upfront price equals 13x expected 2027 EBITDA

The upfront price represents approximately 13x expected UIG 2027 EBITDA. Vertiv expects the multiple to fall significantly if the full earnout is paid. The company expects the acquisition to be accretive to adjusted earnings per share in the first year after completion.

COLUMBUS, Ohio – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of King Environmental Services Ltd. (KES), extending its thermal and fluid management services into Europe, the Middle East and Africa (EMEA). Financial terms were not disclosed, and Vertiv does not expect the deal to be material to its financial results.

KES adds fluid management and load testing for liquid-cooled data centers

KES is a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers. Founded in 2002, it is headquartered near Dublin, Ireland, and serves EMEA customers from hubs in North Dublin and Frankfurt.

Its service scope covers design review and feasibility studies, pipework flushing, filtration and water treatment, testing, adjusting and balancing (TAB), data logging and thermography, and large-scale thermal and electrical load testing.

KANSAS CITY – October 30, 2026 -- nbkc bank has filed an application with the FDIC to assume the consumer-focused Banking as a Service (BaaS) portfolio of LSBX, the BaaS division of Lincoln Savings Bank, expanding both its BaaS business and its deposit base.

The deal is expected to close in early 2027, subject to regulatory approval. Financial terms were not disclosed.

Deal follows Lincoln Bancorp's merger agreement with Equity Bancshares

The filing comes after a September announcement that Lincoln Savings Bank's parent, Lincoln Bancorp of Reinbeck, Iowa, will merge with and into Equity Bancshares, Inc., based in Wichita, Kan.

nbkc plans to fold the LSBX offering into its own BaaS business and take it to market under the nbkc brand, according to President and CEO Michael Bartkoski. He called the transaction a "natural fit" and said it would strengthen the bank's deposit base.

SAN ANTONIO – October 30, 2026 -- Venezuelan food and beverage group Empresas Polar has acquired Ricos Products Co., a San Antonio supplier of nacho cheese sauce, chips and popcorn that sells in more than 80 countries. Financial terms were not disclosed.

The deal closed through Polar's subsidiary Alimentos Polar International, Inc. Ricos' operations and management team stay in place, and the company remains headquartered in San Antonio.

Ricos brings a 1909-founded, fifth-generation brand to Polar's U.S. portfolio

Ricos is the originator of concession nachos. Its products are sold through branded retail, theaters, stadiums and other food channels. CEO Tony Liberto said Polar's long-term commitment will let Ricos accelerate growth and innovation and expand its reach.

ATLANTA – October 29, 2026 -- NIIT Learning Systems Limited (NSE, BSE: NIITMTS) has acquired 100% of Bluewater Learning, LLC for an aggregate consideration of up to USD 17.6 million, including performance-based earnouts spread over the next five years.

The deal closed through NIIT Learning's wholly owned subsidiary, NIIT (USA), Inc. It is subject to customary adjustments under the definitive agreements.

Bluewater brings 1,100 clients and 5,000 projects to the deal

Bluewater was founded in 2003 and is based in Plano, Texas. It combines strategic advisory, technology solutions and ongoing operations to help clients plan, implement and support learning and talent transformation. The company has served more than 1,100 clients and completed more than 5,000 learning and talent projects.