Charles Schwab to Acquire Forge Global Holdings

Forge Global Completes Business Combination With Motive Capital Corp to Become Publicly Traded on NYSE

March 22, 2022

IT Services

Forge Global Holdings, Inc. (NYSE: FRGE) completed its business combination with Motive Capital Corp, a special purpose acquisition company sponsored by affiliates of Motive Partners. The combined company began trading on the NYSE on March 22, 2022 under the ticker FRGE (and warrants FRGE WS).

Forge Global Acquires Accuidity Capital Management

July 2, 2025

Wealth Management

Forge Global Holdings, Inc. completed its acquisition of Accuidity Capital Management in a simultaneous sign-and-close transaction. The deal (approximately $10.0 million cash plus 1.15 million newly issued Forge shares, with potential earn-out shares) expands Forge's investment management and wealth capabilities by integrating Accuidity's private-market strategies, funds and sourcing ecosystem into Forge's platform.

Thoma Bravo Acquires ForgeRock and Combines It into Ping Identity

August 23, 2023

Cybersecurity

Thoma Bravo completed its all-cash acquisition of ForgeRock for approximately $2.3 billion. Following closing, Thoma Bravo combined ForgeRock into its portfolio company Ping Identity to expand identity and access management offerings.

The Charles Schwab Corporation Acquires The Family Wealth Alliance

January 24, 2023

Wealth Management

The Charles Schwab Corporation has acquired The Family Wealth Alliance (FWA), a membership and research organization serving multifamily and single family offices and other family-wealth-focused firms. FWA's leadership team has joined Schwab to expand Schwab's capabilities and resources for advisors and firms serving ultra-high-net-worth clients; financial terms were not disclosed.

Ajinomoto Co., Inc. Acquires Forge Biologics

November 13, 2023

Biotechnology

Ajinomoto Co., Inc. will acquire Forge Biologics in an all-cash transaction valued at $620 million, expanding Ajinomoto's gene therapy and plasmid/AAV manufacturing capabilities. Forge, a Columbus, Ohio–based viral vector and plasmid CDMO with a 200,000 sq ft cGMP facility and ~300+ employees, will become a consolidated subsidiary to accelerate global gene and cell therapy manufacturing capacity.

Forged Solutions Group (Arlington Capital Portfolio Company) Acquires Continental Forge

December 9, 2022

Manufacturing

Forged Solutions Group (an Arlington Capital Partners portfolio company) has acquired Continental Forge, a precision near-net shape forging and machining supplier to the military and commercial aerospace industries. The acquisition expands FSG's manufacturing capabilities into precision aluminum forgings and brings Continental Forge's long-standing customer relationships and certifications onto the FSG platform.