Deals
Every acquisition, merger, IPO, and funding round — published the day it happens.
Public Storage completes $10.5B acquisition of National Storage Affiliates
Public Storage finalized its $10.5 billion acquisition of National Storage Affiliates, consolidating its status as a market leader in self-storage. This move enhances its national footprint and strengthens competitive positioning in a fragmented sector.
- Increases pressure on smaller operators to consolidate or exit
- Potentially prompts reevaluation of asset values across self-storage REITs
- Raises competitive bar in geographic expansion and facility upgrades
Mapfre S.A. will acquire Safety Insurance Group Inc. for $1.54 billion in cash, consolidating its position in the property and casualty insurance sector.
Intel has completed the acquisition of Moovit for $915 million to integrate its technology into Mobileye's autonomous vehicle platform.
Commonwealth Fusion Systems raised $863 million in its Series B2 round to advance its Sparc power plant project aimed at producing commercially viable fusion energy.
Acquisitions
Public Storage completes $10.5B acquisition of National Storage Affiliates
Public Storage finalized its $10.5 billion acquisition of National Storage Affiliates, consolidating its status as a market leader in self-storage. This move enhances its national footprint and strengthens competitive positioning in a fragmented sector.
SpaceX has acquired artificial intelligence coding company Cursor in a $60 billion deal. The acquisition, reported by Fortune, allows SpaceX to integrate Cursor's AI capabilities into its technology portfolio, potentially enhancing software development and automation within the aerospace and transport sectors.
Mapfre S.A. will acquire Safety Insurance Group Inc. for $1.54 billion in cash, consolidating its position in the property and casualty insurance sector.
Intel has completed the acquisition of Moovit for $915 million to integrate its technology into Mobileye's autonomous vehicle platform.
Fundraising
Commonwealth Fusion Systems Secures $863M in Latest Funding
Commonwealth Fusion Systems raised $863 million in its Series B2 round to advance its Sparc power plant project aimed at producing commercially viable fusion energy.
Every deal that matters, 7:00 a.m. Eastern.
Acquisitions, mergers, IPOs, and funding rounds — curated by our analyst desk. The one email corp dev, M&A bankers, and strategy teams read before their morning calls.