Nxtfood, the French startup behind Accro, known for their plant-based foods, has raised $58M in a Venture round with support from Creadev Family Office
360 ONE Wealth has participated in a $60M Series D round for the high-quality modern Ayurvedic supplements brand, Kapiva
In a Series B funding round, Alvys, the cloud-based transportation management system for trucking, has received $40M with backing from Alpha Square Group
GenSight Biologics, the clinical-stage biotech company has obtained approximately $4.3M in a Post-IPO round with support from Invus Group Family Office
Co-founders, Mandy Dollar and Jennifer Wallis, have joined Osaic to launch ArrowPoint Wealth Advisors, overseeing $379M in AUM (Osaic)
Previously part of Succession Wealth Partners, six team members including advisors Jonathan Modiano, Adam Jones and Mark Steinberg have left UBS to join RBC as BLS Financial Group, managing $1.1B (Citywire)
Departing from Merrill Lynch, Erik Bjerke, Jeff Crowell, and Jim Kaufman have finally launched OpenArc Corporate Advisory backed by Dynasty Financial Partners, marking one of the largest ever breakaway deals (Citywire)
Harbor Lights Financial Group has joined advisors DJ Totland and Christopher Meyer to form Lighthouse Private Wealth under LPL (Yahoo Finance)
M&A Highlight
Carson Group, backed by Bain Capital, is acquiring Anchorage-based Shilanski & Associates, a $436M RIA recognized as one of Alaska’s fastest-growing wealth firms.
Founded by Floyd and Rosa Shilanski in the late 1970s and rebranded in 1981, the firm is now led by their children, Micah and Jamie, who are also active in advisor coaching and retirement planning platforms
The firm has 10 staff members, including three advisors, and will become wholly owned by Carson Group, joining its Carson Wealth subsidiary as the group’s first office in Alaska and 32nd nationwide
The deal reflects Carson’s aggressive 2025 M&A push, adding to its $48B in AUM, while giving Shilanski clients access to Carson’s national resources, deeper planning expertise, and practice management support
Jennifer Lee, the former CEO and President of PNC Private Bank, has joined trust bank, family office, and wealth manager, Chilton Trust, based in New York (WealthManagement.com)
After a two year stint at Osiac, Ed Swenson has joined RFG Advisory as President (Citywire)
Alera Group has hired Kansas-based advisor Adam Bettis as Senior Partner, bringing in $200M (Citywire)
Taking over for Bruce Milam, Nate Angelo has been promoted from Head of Wealth Management to Chief Executive Officer at Composition Wealth (Citywire)
Record Wave of $10B+ Deals Fuels Global M&A Surge
Global mergers and acquisitions surged past $1 trillion in the third quarter, marking one of the busiest periods for dealmaking in recent years. A record 14 transactions valued above $10 billion were announced over the summer, including the leveraged buyout of Electronic Arts, Union Pacific’s takeover of Norfolk Southern, Anglo American’s merger with Teck, and Palo Networks’ acquisition of CyberArk. In total, 47 mega-deals have been struck so far this year, the highest on record, alongside major corporate breakups such as Kraft Heinz’s split and Keurig Dr Pepper’s divestment of its coffee arm. Globally, M&A volume has climbed to $3.1 trillion year-to-date, up 35% from last year, fueling near-record investment banking fees of $95.4 billion. Advisors suggest renewed confidence, shifting market conditions, and evolving antitrust policies are bringing long-shelved transactions back to life. With momentum building, bankers and lawyers expect the wave of transformative deals to continue.
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