Piper Sandler to Acquire Aviditi Advisors

Beech Tree Private Equity Invests in Avid Insurance Services

August 20, 2019

Financial Services

Beech Tree Private Equity has made an investment in Avid Insurance Services, a UK-based managing general agent and specialist insurance intermediary with operations in Leeds and London. The capital will be used to accelerate Avid's organic growth and to support investment in new underwriting teams and complementary acquisitions, with Beech Tree partners joining the Avid board.

Adelis Equity Partners Acquires Majority Stake in Avidly

September 30, 2022

Marketing & Advertising

Adelis Equity Partners has become the majority shareholder in Avidly following a successful recommended public cash tender offer that closed in September 2022 (98% acceptance after a subsequent offer period). Avidly, a Helsinki-headquartered marketing-technology (MarTech) service provider and leading HubSpot partner with ~280 employees across 18 locations, will be supported by Adelis to accelerate organic growth and pursue strategic acquisitions across regions.

Bishop Street Underwriters Acquires Avid Insurance Services

October 8, 2025

Insurance

Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has acquired Avid Insurance Services from Beech Tree PE LLP. Avid, a London-based managing general agent that serves niche markets including travel, social housing and construction, will join the Bishop Street platform to expand specialty underwriting capabilities in the UK.

Piper Jaffray Acquires Sandler O'Neill & Partners for $485 Million

July 10, 2019

Financial Services

Piper Jaffray announced it is acquiring Sandler O'Neill & Partners for $485 million. The deal will bring Sandler O'Neill’s full-service investment banking and broker-dealer capabilities into Piper Jaffray, with the combined company to be called Piper Sandler Companies.

Novartis AG to Acquire Avidity Biosciences in $12B Deal (with Precision Cardiology SpinCo)

October 26, 2025

Biotechnology

Novartis AG has entered into a definitive merger agreement to acquire Avidity Biosciences for $72.00 per share in cash, valuing Avidity at approximately $12.0 billion. The transaction follows the planned separation of Avidity’s early-stage precision cardiology programs into a new publicly traded company (“SpinCo”), which is expected to begin trading after the spin-off.

ATS Corporation Acquires Avidity Science

September 22, 2023

Medical Devices

ATS Corporation has entered into a definitive agreement to acquire Avidity Science, a designer and manufacturer of automated water purification and delivery systems for biomedical and life science applications, for US$195 million. The acquisition strengthens ATS's life sciences capabilities and is expected to close in Q4 2023 subject to customary regulatory filings.