Mercer Global Advisors, Inc (Mercer Advisors), a national Registered Investment Adviser (RIA), has acquired Convergent Wealth Management, LLC, (Convergent), a wealth management firm headquartered in Chesterfield, Missouri. Convergent has approximately USD130 million assets under management (AUM). Convergent was founded by John P Stobbs CPA/PFS, Managing Member, and Jeannie Seabaugh Investment Advisor, Analyst and Managing Member. The entire Convergent team will be joining Mercer.

The startup Pick a Pier, pioneer in the marine tech space, have secured investment from international tech guru, Lane Bess, the Principal and Founder of Bess Ventures and Advisory.  Prior, he was the Chief Operating Officer of Zscaler Inc, an innovator and leader in Cloud-based Internet security services. He has spent over 30 years as an operational executive and has successfully launched startups and grown medium-sized businesses to a large scale. Bess was also one of the six passengers who flew outer space on Jeff Bezos’s space-exploration business – “Blue Origin.” 

Europe’s biggest freelancer marketplace Malt has acquired Comatch, the curated marketplace for independent management consultants and industry experts. The acquisition extends Malt’s community of high-skilled freelancers to business consultants and takes Malt closer to reaching EUR1 billion business volume by 2024.  With a freelancing market valued at EUR355 billion, Malt projects to become the undisputed European leader and the preferred partner for companies seeking external resources. Comatch, Europe’s leading consulting marketplace, has built a strong community of more than 15,000 top independent management consultants and industry experts. Since launching, the consulting marketplace with headquarters in Berlin has grown across nine

Brand Velocity Group (BVG), an innovative private equity firm, has appointed Eric Grib has joined the firm as a Principal. Grib brings to BVG over 15 years of experience in private equity, corporate M&A, and investment banking across sectors such as consumer, media, technology, sports, and entertainment.  Prior to joining BVG, Grib was a Principal at Acamar Partners, an investment group focused on consumer and retail verticals such as health and wellness, fitness, food and beverage, luxury goods, fashion and apparel, beauty and personal care, specialty retail, and restaurants.  While at Acamar, Grib helped lead the firm’s investment in CarLotz,

Highvern has completed the acquisition of Noble Trust Company in Guernsey, further adding to its multi-jurisdictional private capital and corporate services offering. The Guernsey office, which will rebrand to Highvern with immediate effect, will work closely with the group’s other teams in Jersey, Dublin and London in in delivering the company’s high standard of service to clients across its private wealth, corporate and fund administration propositions.    The acquisition brings Highvern’s total employees to just under 100 and allows the firm to offer further flexibility and choice to its clients. The purchase of the Swiss arm of the Noble business

Family office investor Kidd & Company and private investment firm Firmament have exited their investment in Logistyx Technologies, a global multi-carrier shipping software company, in a sale to E2open Parent Holdings, Inc (ETWO) for USD185 million. E2open is a leading network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform. Logistyx Technologies’ complementary parcel management technology bolsters global fulfilment capabilities of E2open, providing comprehensive global multi-carrier parcel management capabilities in one unified end-to-end, connected omni-channel supply chain platform.

Thomas H Lee Partners, LP (THL), a private equity firm investing in growth companies, has acquired a majority interest in Intelligent Medical Objects (IMO or the Company), a healthcare data enablement company and market leader in clinical terminology solutions from Warburg Pincus, a leading global growth investor. THL’s investment will support the Company’s product development and expanded commercial relationships with hospitals and other health care providers. Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over 740,000 physicians daily, helps hospitals minimise

HighPost Capital (HighPost), a private investment firm focused on the global consumer and consumer technology sectors, has acquired Centr, a personalised digital health and fitness platform curated by Chris Hemsworth and his hand-picked team of internationally renowned experts, and Inspire Fitness (Inspire), a leader in state-of-the-art fitness equipment.