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Joele Frank, Wilkinson Brimmer Katcher represents Broadcom as it moves to acquire VMware cloud software company in a $69B deal, including debt, a deal that could signal a rebound in big corporate mergers, according to the Financial Times.
The transaction will transform the semiconductor company into a diversified tech powerhouse equipped to tackle the most pressing information infrastructure needs.
Broadcom CEO Hock Tan calls VMware an iconic pioneer and innovator in enterprise software.
“Collectively, we will deliver even more choice, value and innovation to customers, enabling them to thrive in this increasingly complex multi-cloud era,” Tan said.
Michael Dell, chairman of VMware, says the merger is a “landmark moment” that provides shareholders and employees the opportunity to participate in meaningful upside.”
JFWBK’s Joele Frank, Tim Rangones and Arielle Rothstein handle Broadcom.
Sard Verbinnen & Co.’s Paul Kranhold, Pete Siwinski and Leah Polito work the VMware account.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
