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Deals of the day-Mergers and acquisitions
Oct 14, 2025 3:07 AM

Oct 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Goldman Sachs ( GS ) has agreed to buy Industry Ventures, a

leading venture capital firm that manages $7 billion of assets,

in a bid to expand its services to technology entrepreneurs, it

said on Monday.

** Activist investor Starboard Value has built a stake in Keurig

Dr Pepper ( KDP ) after the beverage company made an acquisition

to strengthen its coffee business that investors disliked, two

people familiar with the matter said on Monday.

** Bold Penguin, the American Family-owned commercial

insurance distribution platform, has acquired insurtech

SquareRisk, a marketplace that quotes and binds specialty MGA

products, it said on October 10.

** Data startups Fivetran and dbt Labs will merge in an

all-stock deal, creating a combined data infrastructure company

with nearly $600 million in annual revenue, the two companies

told Reuters.

** Private equity firm Warburg Pincus has struck a deal to

buy Germany's PSI Software for more than 700 million euros ($811

million), with shareholder and customer E.ON remaining a

strategic investor, the firms said on Monday.

** Brookfield said on Monday it would buy the remaining

26% stake in U.S.-based asset manager Oaktree Capital Management

for about $3 billion, as the investment firm looks to strengthen

its credit business.

** Investment firm Citadel said on Monday that it had agreed

to acquire 100% of Hamburg-based power trading firm FlexPower.

(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)

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