Deal Dispatch: Bending Spoons Acquires Airtable, Bain Capital Buys Gong Cha Global, Salad and Go Bankruptcy

New On The Block Digital Brands Group, Inc. (NASDAQ: DBGI ), an apparel and e-commerce company, hired Roth Capital Partners as its financial adviser to assist in a strategic review, including a sale or merger.

AquaBounty Technologies, Inc. (NASDAQ: AQB ) is expanding its ongoing strategic review process for its Pioneer, Ohio property to include opportunities related to power infrastructure and energy development.

The company has previously been engaged in efforts to monetize the Pioneer property through discussions with parties in the aquaculture industry.

While those discussions remain ongoing, evolving market conditions have led the company to broaden its evaluation of strategic alternatives to maximize shareholder value.

Bioventus (NASDAQ: BVS ) has launched a review of strategic alternatives after receiving an unsolicited acquisition proposal and multiple other expressions of interest.

The company has engaged Latham & Watkins LLP to advise on the review.

Read Also: From $11.7B to $1.3B: Airtable Sale Caps SaaS Valuation Reset Updates From The Block Bending Spoons S.p.A. (NASDAQ: BSP ) has agreed to acquire Airtable in an all-cash deal valued at $1.285 billion.

Including Airtable’s existing net cash and cash-equivalent balance, the transaction implies an equity value of approximately $2.25 billion.

The acquisition remains subject to customary closing conditions, including regulatory approvals, and is expected to close later this year.

Until the deal is completed, Bending Spoons and Airtable will continue to operate as independent companies.

BWX Technologies Inc. (NYSE: BWXT ) has agreed to sell its medical business to Nordic Capital, a healthcare-focused private equity investor.

The deal, valued at up to $800 million, includes BWXT Medical and Kinectrics’ stable medical isotopes business.

The transaction is expected to close by the end of the year.

Nielsen has agreed to acquire DoubleVerify (NYSE: DV ) in an all-cash deal valued at approximately $2.15 billion.

The deal has been approved by both companies’ boards.

It’s expected to close in Q1 2027.

Nielsen will finance the acquisition through a mix of debt financing, new equity, and cash on hand.

After the transaction closes, DoubleVerify will become a privately held company within Nielsen, will no longer trade publicly, and will continue operating under the DoubleVerify brand.

Dream Finders Homes (NYSE: DFH ) has agreed to acquire Beazer Homes USA (NYSE: BZH ) in an all-cash deal with an enterprise value of approximately $2.2 billion.

Both companies’ boards approved the deal, which is expected to close in the fourth quarter, subject to regulatory clearances.

Off The Block The Sterling Group, a middle market private equity firm, has completed the previously announced sale of Tangent Technologies to Platinum Equity.

Financial terms of the transaction were not disclosed.

Bankruptcy Block Salad and Go has filed for Chapter 11 bankruptcy, closing all of its existing locations immediately.

The company cited the outbreak of parasite cyclospora worsened the company’s business challenges, CNBC reported.

Assets were listed between $500 million and $1 billion, with liabilities in the same range.

EchoStar’s Hughes geostationary satellite broadband business has filed for Chapter 11 bankruptcy protection in the U.S. after years of losing ground to SpaceX’s Starlink satellite network.

The company said restructuring will allow Hughes Satellite Systems to reduce its debt burden and pivot toward enterprise, government and defense customers following steep declines in its legacy consumer broadband business.

QVC Group has successfully emerged from Chapter 11 bankruptcy after completing a financial restructuring that reduced its debt by more than $5 billion.

The company also secured a new $600 million asset-based lending facility, strengthening its financial position to support future growth.

As part of the restructuring, QVC Group’s common stock has been approved to trade on the Nasdaq under the ticker QVCG.

The company plans to expand its live social shopping business across digital, retail, and television channels.

Private Equity L Catterton has agreed to sell Thorne, a science-backed health and wellness company, to The Procter & Gamble Company (NYSE: PG ) in an all-cash deal valued at $3.8 billion.

The transaction expands P&G’s presence in the growing health and wellness market and is expected to close in the fourth quarter of 2026.

Bain Capital has agreed to acquire Gong cha Global, one of the world’s fastest-growing tea brands, from TA Associates.

Financial terms of the transaction were not disclosed.

The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.