Top Ten Tech M&A Transactions This Week by Ascento (1)

Stay current with the latest Tech M&A transactions!

Ascento Capital Invest @ www.techbanking.com

Deal of the Week

2/12/26 Grab to Acquire US Fintech Firm Stash Financial at $425M

Singapore-based super app Grab Holdings Limited announced Thursday that it had signed definitive agreements to acquire 100 percent of the equity interest in Stash Financial, Inc., (Stash), a U.S. digital financial services company, at $425 million.

Grab said in a statement that the payment for 50.1 percent equity interest will be made at closing at an enterprise value of $425 million and payments for the remaining interest to be made at the fair market value over three years post-closing.The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2026.

2/13/26 Check Point doubles down on AI, MSP market with Rotate acqui-hire

Check Point’s decision to acqui-hire the team behind startup Rotate is less a small tactical move and more a signal of where the company believes cybersecurity is headed: toward AI-driven protection embedded directly into daily workflows.

Check Point noted in Thursday’s announcement, which also included the purchase of Israeli cyber startups Cyclops and Cyata, that it was not a traditional product acquisition but an acqui-hire. “We acquired the talent of Rotate,” the company said, underscoring that the strategic value lies in the startup’s team and expertise rather than in standalone revenues or an independent business line.

2/12/26 Aristocrat expands AI and analytics capabilities with acquisition of Gaming Analytics

Aristocrat Leisure Limited has announced the acquisition of Gaming Analytics for an undisclosed sum. Gaming Analytics is a US-based provider of AI-powered tools for real-time player analytics, slot optimization, and marketing automation, designed to operate alongside traditional casino management systems.

The scalable technology, featuring a seamless customer interface, is designed to enable casino operators to engage more effectively with their players. The strategic acquisition is expected to help enhance Aristocrat’s capabilities for platform operations, particularly by providing operators with real-time data collection, analytics, and personalized player engagement across land-based operations.

2/10/26 Phenom strengthens AI hiring platform with Be Applied acquisition

Artificial intelligence-based human resources company Phenom People Inc. announced today that it has acquired Be Applied Ltd., an AI-driven cognitive assessment solution provider that validates candidate and employee capabilities at scale, for an undisclosed price.

Founded in 2016, Be Applied offers skills-based assessment solutions for hiring and talent evaluation with a platform that uses adaptive, evidence-based cognitive assessment tools to match specific job requirements and industry needs. The platform allows organizations to measure the actual abilities of candidates across different roles and experience levels.

2/10/26 Rezolve Ai PLC Expands Core AI Commerce Platform with Acquisition of Reward Loyalty UK Limited

Rezolve Ai (NASDAQ: RZLV) agreed to acquire 100% of Reward Loyalty UK Limited for US$230 million in an all-cash, non-dilutive deal announced Feb 10, 2026. The acquisition is expected to add approximately $90 million of EBITDA-accretive revenue for fiscal 2025 and be self-financing.

Reward brings live enterprise deployments across hundreds of retailers, dozens of banks (including Barclays and NatWest), distribution via Visa and other payment networks, and reach to tens of millions of cardholders, which Rezolve Ai says will expand RezolvePay and its agentic Brain Commerce platform.

  • EV/Sales: 2.6x

2/10/26 Thomson Reuters Acquires Noetica, Inc., the AI-Native Platform for Corporate Transaction Intelligence

Thomson Reuters Corporation ("Thomson Reuters") (TSX/Nasdaq: TRI), a global content and technology company, today announced it has acquired Noetica, Inc. Founded in 2022, the New York–based AI-native start-up transforms transaction-deal data into structured market intelligence for deal professionals.

Noetica’s platform provides secure, single-tenant deployments of transaction deal data. It delivers vertical AI specialization with qualitative and quantitative benchmarking, natural-language term search, term-trend analysis, and deal-level risk signals – enabling practitioners to confidently determine what’s market and what’s not.

2/10/26 Nebius to acquire one-year-old Israeli AI startup Tavily in deal worth up to $400 million

Artificial intelligence infrastructure giant Nebius is acquiring Israeli startup Tavily, which has developed a search layer for AI agents. The deal will see Nebius pay an initial $275 million in cash, with the sum potentially rising up to $400 million should certain milestones be met. Tavily, founded in late 2024, already generates significant revenue. The Israeli startup raised $20 million in a Series A round last August led by Insight Partners and Alpha Wave Global. Alpha Wave, known for investing in high-profile tech firms like Elon Musk’s SpaceX and X, Monzo, HiBob, and others, also led Tavily’s previous funding round. The company’s total funding stands at $25 million.

2/9/26 YouTube star MrBeast buys youth-focused financial services app Step

The world’s largest YouTuber by subscriber count, Jimmy Donaldson, better known as MrBeast, has acquired the financial services app Step, marking his company’s entry into fintech with a focus on serving younger users.

Step is advertised as an all-in-one money app for teens and young adults to manage money, build credit and access financial tools. The app will operate under the umbrella of Donalson’s company, Beast Industries. 

2/9/26 NTT Data deepens Middle East cloud push with acquisition of UAE-based Zero&One

The acquisition of Dubai-headquartered cloud consultancy Zero&One by global IT services provider NTT Data is the latest signal of accelerating investment in the UAE’s technology ecosystem, as international firms position themselves for the next phase of cloud growth across the Middle East.

The deal strengthens NTT Data’s cloud and artificial intelligence (AI) capabilities in the region, and underlines the UAE’s growing role as a launchpad for serving customers across the Gulf, wider Middle East and Africa.

2/5/26 Tyler Technologies’ $212.5 Million Acquisition of For The Record is an Inflection Point for the Court Reporting Industry

Tyler Technologies‘ announcement of its $212.5 million acquisition of For The Record represents more than a routine consolidation in the legal technology space. This transaction marks a decisive shift toward institutional-scale investment in AI-powered court reporting technology, signaling the beginning of a structural transformation that will fundamentally reshape the court reporting and legal support services sector within the next three to five years.

For traditional court reporting firms—particularly those built on stenography-based business models—the implications are unambiguous: adapt or prepare for material value erosion.

Ascento Capital Invest is an investment bank that specializes in the technology sector and provides advisory services for mergers & acquisitions, capital raises, and valuations for technology companies in the United States and internationally. Take a look at our website for more information: www.techbanking.com

Content curated by:

Ben Boissevain, Founder

Victoria Ronan, Associate

Ron Kullashi, Associate