Kraken Robotics Announces Acquisition of Covelya Group for $615 Million

Kraken Acquires NinjaTrader for $1.5 Billion

March 21, 2025

Financial Services

Kraken has entered into an agreement to acquire NinjaTrader, the U.S. retail futures trading platform, in a deal valued at $1.5 billion subject to purchase price adjustments. NinjaTrader is majority-backed by Long Ridge Equity Partners and is expected to continue operating as a standalone platform under Kraken’s suite of trading and payments applications.

Triton (via Crayfish Bidco Oy) Completes Acquisition of Caverion

November 6, 2023

Industrial Services

Funds advised by Triton have completed a voluntary public cash tender offer for Caverion Corporation through Crayfish Bidco Oy and now own approximately 94.39% of Caverion's shares. Caverion is a Finland-headquartered provider of multi-technical installation and services for the built environment with ~15,000 employees; Triton positions the deal as a platform to accelerate Caverion's transformation, drive operational excellence and pursue selective growth.

AeroVironment to Acquire Tomahawk Robotics for $120 Million

August 22, 2023

AI & Machine Learning

AeroVironment announced its anticipated acquisition of Tomahawk Robotics, acquiring 100% of Tomahawk Robotics’ equity for a total purchase price of $120 million paid in a mix of cash and stock. The deal is intended to deepen integration between AeroVironment’s unmanned systems and Tomahawk Robotics’ AI-enabled robotic control technology to improve interoperability across connected unmanned systems.

Raytheon Technologies Acquires SEAKR Engineering

September 14, 2021

Aerospace & Defense

Raytheon Technologies, through its Raytheon Intelligence & Space business, signed a definitive agreement to acquire SEAKR Engineering, a Colorado-based supplier of space-qualified electronics. SEAKR will become a wholly-owned subsidiary reporting into Raytheon Intelligence & Space; the deal expands Raytheon's space electronics capabilities and product portfolio.

Vosker Acquires Reconeyez

February 10, 2026

Cybersecurity

Vosker announced the acquisition of Reconeyez, an AI-powered autonomous intelligent surveillance provider serving large enterprises and international government agencies. The deal is intended to accelerate Vosker’s global B2B channel strategy and expand its geographic and end-market presence, leveraging Reconeyez and its Defendec brand deployed in over 60 countries. Alongside the acquisition, Vosker also closed a US$200 million senior debt financing facility.

Relay Robotics Acquires Savioke R&D and Relay Product Line

May 2, 2022

Manufacturing

Relay Robotics — a new company formed after acquiring Savioke's R&D and Relay product line — completed a $10.0 million Series A financing led by MK Capital. Michael O'Donnell was named Chairman and CEO and Savioke co‑founder Steve Cousins became CTO as Relay positions its service-robot platform for hospitality, healthcare and commercial real estate customers.