DealPulse

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REITs Merge as the Sector Struggles

Real estate investment trusts Terra Property Trust, Inc. and Western Asset Mortgage Capital Corporation announced they will merge in an all equity deal valued at $1.2 billion. Terra Property...

DigitalOcean Dives into AI with Paperspace Acquisition

In the spirit of DigitalOcean Holdings’s $111 million acquisition of Paperspace in order to “expand AI offerings,” I let artificial intelligence take a crack at summarizing this deal. ChatGPT’s...

Biotech M&A Shows Signs of Life

Life Sciences M&A is picking back up, with biotech and pharma deals leading the way. After dropping in 2021 and 2022, the sector is showing signs of life. According to industry...

Q2 M&A Roundup: Latham Back on Top

M&A activity continued to slump during the second quarter. Technology companies, which are often a primary driver of activity, continue to stagnate, with Goldman Sachs analyst Sam Britton predicting...

KKR Takes Circor Private as Defense Spending Soars Worldwide

Kohlberg Kravis Roberts & Co. announced it will be taking private Circor International in a deal valued at $1.6 billion. The machinery maker builds flow-control devices, such as pumps...

Fore! PGA Tour/LIV Golf Deal Could Face Danger

Capitol Hill is seeking to drive the PGA-LIV merger into the rough due to antitrust and geopolitical concerns. Launching a probe into the deal, Sen. Richard Blumenthal (D-Conn.), chair...