Orca and Loopscale Merge to Form Formation

NOW CFO Acquires Formation Financial

September 14, 2026

Accounting & Tax

NOW CFO acquired Formation Financial to expand its fractional finance and outsourced accounting services for venture capital- and private equity-backed startups. Formation will continue operating under its existing brand with founder David Mozaffarian staying responsible for day-to-day operations.

Gemspring Capital Affiliate Acquires and Combines FORM with Trax Retail Image Recognition to Create Global Retail Execution Platform

February 4, 2026

Cloud & SaaS

Gemspring Capital Management announced that an affiliate acquired and combined FORM with the image recognition business of Trax (Trax IR), creating a global retail execution and data intelligence software platform for the consumer packaged goods (CPG) ecosystem. The combined platform integrates FORM’s frontline task/workflow execution and shelf intelligence with Trax’s AI-powered computer vision for SKU-level, shelf-level insights, aiming to drive improved compliance, reduced out-of-stocks, and faster decision-making at scale.

Figure Technology Solutions to Merge with Figure Markets

July 17, 2025

Data & Analytics

Figure Technology Solutions and Figure Markets announced a merger to build a blockchain-powered capital markets platform combining a consumer credit marketplace with a blockchain-native asset exchange and tokenization capabilities. The combined company will operate as Figure Technology Solutions and is expected to close later this summer, subject to shareholder approval and other regulatory/closing conditions.

Scale LLP Merges with Fathom Law

June 18, 2025

Legal Services

Scale LLP has merged with San Francisco-based Fathom Law, adding six attorneys and strengthening Scale's corporate and emerging companies/venture capital (EC/VC) practice. The deal expands Scale's national bench to roughly 80 attorneys and deepens its capabilities to serve startups and venture-backed companies across financing and M&A matters.

LegalZoom Acquires Formation Nation

February 10, 2025

Legal Services

LegalZoom (Nasdaq: LZ) has acquired Formation Nation, the owner of the Inc Authority and Nevada Corporate Headquarters brands, to expand its small-business formation and compliance services. The deal closed February 10, 2025 for $49.3 million in cash plus ~2.2 million restricted shares (with an additional $15.4 million cash holdback) and brings more than 140 experienced small-business service specialists into LegalZoom to enhance customer segmentation and consultative support.

Affiliates of Cerberus Capital Management Acquire Outform Group

August 22, 2024

Marketing & Advertising

Affiliates of Cerberus Capital Management have acquired Outform Group, a global retail marketing and visual merchandising company, providing a new ownership structure and increased capital commitment. Outform will remain led by CEO Ariel Haroush and will use the investment to expand its capabilities, reach, and global retail innovation offerings.