Freddy’s acquired by Rhône-backed funds in strategic growth move

KANSAS CITY: Freddy’s Frozen Custard & Steakburgers, the fast-casual chain known for its made-to-order steakburgers and frozen custard treats, has been acquired by investment funds affiliated with global private equity…

NNR September 5, 2025

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Brilliant NextGen secures $9.7 million in funding; Adds Tony Smalls to the Board

SAN FRANCISCO: Brilliant NextGen Inc., a leading innovator in smart home control technology, announced Friday it has closed a $9.7 million funding round backed by Almeida Strategic Investments and NFL…

NNR September 5, 2025

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Phreesia to acquire AccessOne for $160 million, expanding patient payment capabilities

NEW YORK: Phreesia Inc. (NYSE: PHR), a leading provider of patient activation solutions, said Thursday it has agreed to acquire AccessOne Parent Holdings Inc., a healthcare receivables financing firm, for…

NNR September 5, 2025

Wire

Cadence to acquire Hexagon’s D&E Business for €2.7 billion

SAN JOSE: Cadence Design Systems Inc. (Nasdaq: CDNS) said Thursday it has agreed to acquire the Design & Engineering business of Hexagon AB, including its MSC Software unit, in a…

NNR September 5, 2025

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Zepp Health acquires Wild.AI to expand hormone-informed coaching for female athletes

MILPITAS: Zepp Health Corp. (NYSE: ZEPP), the parent company of Amazfit, has acquired the core assets and intellectual property of Wild.AI, a women’s wellness platform known for its hormone-informed coaching…

NNR September 5, 2025

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Econolite opens fourth U.S. manufacturing facility in San Diego to support BABA compliance

SAN DIEGO: Econolite, a leading provider of intelligent traffic management solutions and a subsidiary of Umovity, announced Thursday the opening of a new 50,000-square-foot manufacturing facility in San Diego, California.…

NNR September 4, 2025

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Vision Ridge Partners acquires Turks and Caicos power utility, rebrands as Pelican Energy TCI

PROVIDENCIALES: Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands. The company has been rebranded as…

NNR September 4, 2025

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CoreWeave to acquire OpenPipe, expanding AI agent training capabilities

NEW YORK: CoreWeave Inc. (NASDAQ: CRWV), the AI Hyperscaler™, said Thursday it has entered into a definitive agreement to acquire OpenPipe Inc., a developer-focused platform specializing in reinforcement learning (RL)…

NNR September 4, 2025

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Airwallex acquires OpenPay to launch global billing platform

SAN FRANCISCO: Airwallex, a global financial technology firm, said Wednesday it has acquired OpenPay, a San Francisco-based billing platform specializing in subscription management, payment orchestration and revenue analytics. The acquisition…

NNR September 3, 2025

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Empower Media and Ocean Media Merge to Form second-largest independent agency group in U.S.

NEW YORK: Empower Media and Ocean Media, two of the nation’s leading independent media agencies, have merged to form Empower Ocean Media Group, now the second-largest full-funnel independent media agency…

NNR September 3, 2025

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Metronet acquires US Internet to expand fiber footprint in Minneapolis

MINNEAPOLIS: Metronet, recently acquired by a joint venture between T-Mobile and KKR, announced Wednesday it has purchased US Internet (USI), a Minnetonka-based fiber provider serving more than 140,000 homes and…

NNR September 3, 2025

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Global Indemnity’s subsidiary acquires Sayata to boost AI-driven insurance distribution

PHILADELPHIA: Global Indemnity Group, LLC (NYSE: GBLI) announced Wednesday that its subsidiary, Penn-America Underwriters, LLC (PAU), has acquired Sayata, an AI-powered digital distribution platform for commercial insurance. The acquisition aligns…

NNR September 3, 2025