Private equity and cross-border transactions are reshaping dealmaking across industries, with several high-profile moves announced in recent days.
Apollo Global Management will acquire low-cost carrier EasyJet through a court-sanctioned scheme, with completion targeted for the first quarter of 2027. The timeline follows extended regulatory deadlines, underscoring the complexity of large-scale cross-border transactions. Separately, Japanese insurer Tokio Marine is weighing a multi-billion-dollar bid for Insurance Australia Group (IAG), which surged 5% on the news. Berkshire Hathaway disclosed a stake in Tokio Marine in March, with terms explicitly permitting large international mergers.
Defense technology is emerging as a focal point for strategic consolidation. SCP Standard Capital Partners is acquiring two autonomous defense tech firms, Vanea Technologies and Nocturne Technologies, and will rebrand as VANEA AG. The transaction utilizes a mix of cash and share capital increases.
Financial services consolidation continues apace. Valley National Bancorp will acquire Providence Financial for $247 million in stock and cash, adding $1.6 billion in assets and 14 Chicagoland branches. The combined entity will hold $67.9 billion in assets, reinforcing the trend of regional bank mergers in the U.S.
Corporate buyers are also pursuing capability-driven acquisitions. Accenture is acquiring Dutch SAP partner McCoy to expand its mid-market presence in EMEA. ZenaTech, a serial acquirer, is making its 13th SaaS purchase, targeting ESM Software as part of its roll-up strategy. In India, Capital Numbers is acquiring U.S.-based Epitome Cloud for ₹40 crore, marking a reverse cross-border tech deal.
Real estate and infrastructure transactions are also in focus. Sunac China’s shares rose 7.3% after its $18.3 million acquisition of Erjin Management, signaling a shift toward asset-light operations. Michigan Broadband agreed to purchase Northern Michigan University’s wireless network for $21 million, including 2.5 GHz spectrum across 41 counties and 70 tower sites. The deal includes plans to upgrade infrastructure from 4G to 5G using federal Broadband Equity Access and Deployment grants.
Aviation finance remains active, with Willis Lease Finance closing a purchase of 12 aircraft and 13 engines, further consolidating activity in the sector.
