ARUMILLI LLC Acquires 7.4% Stake in ConnectM Technology Solutions

Buy-Out Group Led by Win-Light Global Seeks to Acquire ConnectM Technology Solutions

April 15, 2025

Energy

An investor buy-out group led by Win-Light Global (with SriSid LLC and Arumilli LLC) has increased its holdings in ConnectM Technology Solutions, Inc. and proposed to acquire all remaining shares at $1.60 per share in an investor-led take-private offer valuing the company at roughly $62 million. Following the latest purchase, the Buy-Out Group holds approximately 9.49 million shares (about 24.5% of outstanding shares); ConnectM's board is evaluating the proposal with financial advisor ThinkEquity.

Marvell Technology Acquires XConn Technologies

February 10, 2026

Manufacturing

Marvell Technology, Inc. has completed its acquisition of XConn Technologies, a provider of advanced PCIe and CXL switching silicon. The deal expands Marvell's switching portfolio and strengthens its scale-up connectivity capabilities for next-generation AI and cloud data center architectures.

Schneider Electric Acquires EV Connect

June 21, 2022

Energy

Schneider Electric has acquired EV Connect, an El Segundo, California-based provider of an open EV charging platform, to accelerate its eMobility strategy and expand its digital energy offerings. EV Connect will operate as a distinct subsidiary led by CEO and founder Jordan Ramer, while Schneider aims to strengthen its presence in EV charging infrastructure and services.

Arcline Acquires Custom Interconnects and Forms Qnnect

July 7, 2022

Manufacturing

Arcline Investment Management acquired Custom Interconnects LLC and consolidated it into a newly formed specialty interconnects platform, Qnnect LLC, which combines Custom Interconnects with Meritec and Joy Signal Technology. The move creates a focused platform for high-performance electronic interconnect solutions serving aerospace, defense, semiconductor and test & measurement markets.

Renovus Capital Partners' Aretum Acquires Miracle Systems

April 18, 2023

Government & Public Sector

Renovus Capital Partners announced the formation of Aretum, LLC — a new government services platform — and Aretum has acquired Arlington, VA-based Miracle Systems, LLC. Miracle joins Renovus portfolio company Panum Telecom within Aretum to create a larger mid-tier provider of management consulting, mission support and technology solutions to DoD, DHS and federal civilian agencies.

Main Street Capital Participates in $41.4M Minority Recapitalization of Connect Telecommunications Solutions

October 16, 2024

Telecommunications

Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.