Apiary Capital Invests in Radiant Financial Group; Radiant Acquires CWB

CW Advisors Acquires Capital Management Services and CHB Investment Group

September 3, 2025

Financial Services

CW Advisors, an SEC‑registered investment advisor and subsidiary of Osaic, has acquired two Pennsylvania RIAs — Capital Management Services (CMS) and CHB Investment Group — adding $575 million in assets under management. The deals expand CW Advisors’ presence in Pennsylvania and increase its AUM to approximately $14.5 billion; terms were not disclosed.

Apiary Capital Invests in Carbon Underwriting

July 17, 2023

Financial Services

UK private equity firm Apiary Capital has completed a strategic growth investment in Carbon Underwriting Limited, a London‑based Lloyd’s managing general underwriter (MGU). The capital will support Carbon’s management team in accelerating growth, further developing its proprietary Graphene underwriting platform, and expanding its delegated underwriting (coverholder) capabilities.

Brookfield's Radiant Acquires Ori to Form $100B‑Backed AI Infrastructure Platform

February 26, 2026

AI & Machine Learning

Brookfield-backed Radiant has merged with and acquired UK AI infrastructure startup Ori to create a vertically integrated AI infrastructure platform backed by Brookfield’s Artificial Intelligence Infrastructure Fund. The combined business — Radiant powered by Ori — will deploy large‑scale, sovereign compute capacity for governments, telcos, hyperscalers and global technology customers, supported by up to $100 billion of program capital.

iA Financial Corporation Inc. Acquires RF Capital Group Inc. (Richardson Wealth)

November 3, 2025

Financial Services

iA Financial Corporation Inc. has completed the acquisition of RF Capital Group Inc., the operator of the Richardson Wealth brand, via a court-approved plan of arrangement. The deal, in which a wholly-owned subsidiary of iA purchased all issued and outstanding RF Capital shares for C$20.00 per common share (and C$25.00 per Series B preferred share), expands iA's wealth platform to more than $330 billion in combined AUM/AUA and over 500,000 clients.

CW Advisors Acquires Cubic Asset Management

June 30, 2024

Financial Services

Boston-based CW Advisors (CWA), a PE-backed registered investment advisor, has acquired Cubic Asset Management, an independent Boston-based account management firm, adding over $700 million of AUM to CWA. The deal is an add-on to CWA's platform (which is partnered with Audax Private Equity) and is intended to expand CWA's investment capabilities and client servicing for high-net-worth and ultra-high-net-worth clients.

Radiant Logistics Acquires TCB Transportation

December 3, 2024

Logistics & Distribution

Radiant Logistics, through its wholly owned subsidiary Radiant Road & Rail, acquired the assets and operations of TCB Transportation, a St. Louis-based intermodal marketing company specializing in 40- and 53-foot container movements across North America. The transaction is structured with a portion of the purchase price payable based on future performance; TCB will continue under founder Jerry Kausch, Jr.'s leadership and is expected to transition to the Radiant brand in 2025.