reAlpha Asset Management Acquires Rhove

Presidio Acquires ROVE

June 13, 2022

IT Services

Presidio, a global digital services and solutions provider, acquired ROVE, a veteran-owned systems integrator based in Charlotte, North Carolina. The acquisition expands Presidio’s geographic presence in the Southeast (North Carolina and South Carolina) and adds ROVE’s enterprise audio-visual practice and technology modernization capabilities to Presidio’s offerings.

Mathis Wealth Management Acquires RH Wealth Advisors

May 1, 2024

Wealth Management

Mathis Wealth Management, a Phoenix-based financial planning and wealth management firm, has acquired RH Wealth Advisors, a Ventura, California wealth management practice. The transaction expands Mathis's geographic footprint into California and aims to ensure continuity of service for RH Wealth Advisors' clients; financial terms and seller details were not disclosed.

American Securities Invests in RealManage

June 2, 2022

Real Estate

American Securities has made a strategic growth investment in RealManage to support the HOA and condominium management company's continued organic and inorganic expansion, including acquisitions and branch openings. RealManage, which serves more than 3,000 communities across 19 states and operates the CiraConnect SaaS platform and GrandManors division, will use the capital and partnership resources to accelerate technology investment and geographic expansion.

reAlpha Tech Corp. Acquires Naamche

December 4, 2023

AI & Machine Learning

reAlpha Tech Corp. (Nasdaq: AIRE) announced definitive agreements on December 4, 2023 to acquire Naamche (Naamche, Inc. and Naamche, Inc. Pvt. Ltd.) to add AI/ML, data engineering and cross-platform development capabilities. The deal — including a combination of cash and equity consideration and later closed in May 2024 — brings a ~25-person product and engineering team led by founder Ramesh Pathak into reAlpha to accelerate development of real-estate focused AI solutions.

Bain Capital Insurance Recapitalizes Ryze Claim Solutions

February 12, 2024

Insurance

Ryze Claim Solutions has been recapitalized by Bain Capital Insurance, with Bain Capital Insurance becoming the majority owner while Ryze management and select individuals retain a meaningful equity stake. The transaction (terms undisclosed) provides capital and a committed debt facility from Apogem Capital to support Ryze's continued organic growth and a targeted add-on acquisition program.

Wealth Enhancement Group Acquires Asset Management Resources, LLC

December 19, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, has acquired Asset Management Resources, LLC, an independent RIA led by J. Christopher Boyd based in Hyannis, Massachusetts. The acquired team brings approximately $236 million in assets under management and will expand Wealth Enhancement Group's presence in Massachusetts to four offices.