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mergers_and_acquisitions

Three Lions Acquisition Closes $100M IPO, Eyes Sports Deals

New York – September 07, 2026 -- Three Lions Acquisition Corp. closed its initial public offering of 10,000,000 units, generating $100,000,000 in gross proceeds, the special purpose acquisition company announced. A total of $100,500,000 from the IPO and a simultaneous private placement was placed in trust.

Units priced at $10.00 begin trading on Nasdaq under ticker TLACU

Each unit consists of one ordinary share and one-half of one warrant, with each whole warrant exercisable at $11.50 per share. Once components separate, the ordinary shares and warrants are expected to list on Nasdaq under the symbols TLAC and TLACW, respectively.

Robo.ai Posts $180M Revenue as QC Capital Deal Fuels Growth

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Robo.ai Posts $180M Revenue as QC Capital Deal Fuels Growth

Dubai – September 07, 2026 -- Nasdaq-listed Robo.ai Inc. (AIIO) reported total revenue exceeding US$180 million for the three-month period from June through August 2026, with the bulk of the figure driven by its newly acquired subsidiary, Quantum Core Capital Limited (QC Capital).

QC Capital drives Robo.ai's revenue surge post-acquisition

Robo.ai completed its acquisition of QC Capital on June 15, 2026, and the deep-tech venture-building platform has since become the primary contributor to the Dubai-based group's top line. The Company said operations have remained steady since integration began, with the new business unit delivering meaningful revenue growth to the overall group.

Medtronic Invests $700M in Cornerstone Robotics for Global Sentire Rights

Hong Kong – September 7, 2026 -- Medtronic (NYSE: MDT) will invest approximately $700 million in Hong Kong-based Cornerstone Robotics as part of a strategic partnership granting the medical device giant distribution rights to the SentireTM surgical robot in markets outside the United States where the system holds regulatory clearance.

Medtronic secures distribution rights for Sentire outside the US
The agreement gives Medtronic access to Cornerstone Robotics' surgical robotics platform in territories where Sentire has already received market authorization, adding to the company's existing Hugo robotic surgery platform. Matt Anderson, Senior Vice President and President of the Surgery division at Medtronic, said the deal strengthens the company's capacity to widen access to minimally invasive surgery and that Sentire complements the Hugo platform.

Blue Compass RV Acquires Brown's RV Superstore in South Carolina

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Blue Compass RV Acquires Brown's RV Superstore in South Carolina

Irvine, Calif. – September 07, 2026 -- Blue Compass RV has acquired Brown's RV Superstore in McBee, South Carolina, expanding its Carolinas footprint to 13 dealerships in a deal brokered by Performance Brokerage Services.

Family-owned dealership changes hands after nearly four decades

Founded in 1986, Brown's RV Superstore operated as a family business for close to 40 years on a 12-acre site with 31,000 square feet of retail and service space, including 20 enclosed service bays. The dealership carried new and pre-owned RVs from Jayco, Grand Design, and Brinkley. Barry Brown of the Brown family confirmed the sale, crediting Jesse Stopnitzky of Performance Brokerage Services as exclusive sell-side advisor.

Medtronic to Invest $700M in Cornerstone Robotics for Sentire Rights

Hong Kong – September 07, 2026 -- Medtronic (NYSE: MDT) will invest approximately $700 million in Hong Kong-based Cornerstone Robotics as part of a strategic alliance granting the U.S. medtech giant distribution rights to the Sentire surgical robotic system in select markets outside the United States where the device is approved.

Medtronic gains distribution rights to Sentire outside the U.S.

The agreement covers markets where Sentire has already secured regulatory clearance, positioning the system alongside Medtronic's existing Hugo robotic surgical platform. Sentire received approval from China's National Medical Products Administration in 2024, followed by CE marking in the European Union and clearance from Singapore's Health Sciences Authority in May 2026 for general, gynecological, thoracic and urological minimally invasive procedures.

ASUR Closes $992.2M Deal for Motiva's Airports in Brazil, Ecuador, Costa Rica

Mexico City – September 7, 2026 -- Grupo Aeroportuario del Sureste (NYSE: ASR; BMV: ASUR) has closed its acquisition of Motiva Infraestrutura de Mobilidade S.A.'s (B3: MOTV3) entire equity interest in Companhia de Participações em Concessões (CPC) for R$5.1 billion (US$992.2 million), following customary closing adjustments.

ASUR finalizes $992.2 million purchase after all conditions precedent are met

The transaction follows the agreement signed on November 18, 2025, and was completed after satisfaction of all conditions precedent. ASUR financed the purchase through a loan facility arranged at the time it submitted its offer to Motiva.

TDS Withdraws Bid for Array Digital Infrastructure, Resumes Buybacks

Chicago – September 07, 2026 -- Telephone and Data Systems, Inc. (NYSE: TDS) has withdrawn its proposal to acquire the roughly 18% of Array Digital Infrastructure, Inc. (NYSE: AD) that it does not already own, ending talks over a stock-for-stock deal that would have exchanged each Array share for 0.86 of a TDS share.

TDS cites failure to agree on deal terms after extensive review

Walter Carlson, President and CEO of TDS, said the two sides could not reach agreement on the form of consideration and value despite lengthy negotiations. "We no longer believe that now is the right time to complete such a transaction," Carlson said, adding that TDS remains confident in Array's long-term prospects and will continue supporting the company as a leading owner and operator of wireless infrastructure.

Adecoagro Closes $136M Caarapó Mill Deal, Expands Brazil Sugar Cluster

Luxembourg – September 07, 2026 -- Adecoagro S.A. (NYSE: AGRO) has completed its acquisition of the Caarapó sugar mill from Raízen Group for R$705 million (approximately US$136 million), paid in cash at closing, following the deal first announced on July 20, 2026.

Deal values crushing capacity at $39 per ton

Based on Caarapó's crushing volume of 3.5 million tons during the 2025/26 harvest, the transaction implies a purchase price of roughly US$39 per ton of crushing capacity. The mill, now under Adecoagro's ownership and management, has installed capacity to process 6 to 7 million tons of cane annually, well above recent throughput levels.

California Pool Partners Launches Owner-First Alternative to PE Roll-Ups

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California Pool Partners Launches Owner-First Alternative to PE Roll-Ups

San Mateo, Calif. – September 07, 2026 -- California Pool Partners (CPP) has formally launched an owner-centric platform positioned as an alternative to traditional private equity roll-ups in the pool service industry, with operations now established in Los Angeles and San Diego and a third California market targeted for expansion this fall.

CPP acquires Payan Pools, a business built from a $23,000 route in 1987

The platform's recent acquisition of Payan Pools, described as one of San Diego County's most respected pool service companies, illustrates its approach. Founder Javier Payan grew the business over nearly four decades after purchasing the original route in 1987 and was not actively seeking a sale when CPP approached him.

"If I was to write down what it would take for me to sell this business, it was all right there. They checked all my boxes," Payan said of the deal.

Flō Networks Moves to Acquire Up to 100% of Axtel in Mexico

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Flō Networks Moves to Acquire Up to 100% of Axtel in Mexico

Mexico City – September 07, 2026 -- Flō Networks has announced plans to launch public tender offers to acquire up to 100% of the outstanding shares of Controladora Axtel, S.A.B. de C.V. and up to 100% of the CPOs of Axtel, S.A.B. de C.V., in a move that would consolidate two major fiber-optic operators in Mexico.

Boards of both Axtel companies give preliminary green light to the deal

Flō, the U.S.-based digital infrastructure operator formerly known as Transtelco, said it has received preliminary approval from the Boards of Directors of both Axtel Companies to advance toward launching the offers. The company is now seeking regulatory clearances required to proceed.