Today’s M&A deals include announcements on Fivetran, dbt Labs, VASPnet, XReg, Bold Penguin, SquareRisk, among others.
Fivetran acquires dbt Labs
Fivetran, a leader in automated data integration, has acquired dbt Labs, a prominent provider of data transformation and analytics software, in a major deal valued at approximately $1 billion. The acquisition unifies data ingestion and transformation into a single, automated pipeline, streamlining analytics workflows for enterprises. Combining Fivetran’s ETL automation with dbt’s open-source modeling framework enables end-to-end data engineering efficiency and governance. This move reflects a strategic push toward modern data stack consolidation, empowering businesses with faster insights, reduced complexity, and greater scalability. The deal marks one of the largest recent data infrastructure acquisitions, highlighting growing market convergence.
CRB Monitor acquires VASPnet from XReg
CRB Monitor has acquired VASPnet, a regulatory data specialist for virtual asset service providers (VASPs), from XReg. The acquisition enhances CRB Monitor’s compliance and risk intelligence capabilities by integrating VASPnet’s extensive crypto regulatory datasets. This move strengthens CRB Monitor’s position in digital asset compliance, providing financial institutions with improved transparency, due diligence, and risk assessment tools. The deal supports CRB’s strategy to expand into blockchain and virtual asset oversight, aligning with global anti–money laundering (AML) regulations. It demonstrates growing investment in RegTech innovation, bridging traditional finance and the evolving virtual asset ecosystem.
Bold Penguin (American Family Mutual Insurance) acquires SquareRisk
Bold Penguin, a subsidiary of American Family Mutual Insurance, has acquired SquareRisk, a digital wholesale insurance marketplace. The deal expands Bold Penguin’s commercial insurance distribution network, enabling brokers and carriers to access a broader portfolio of specialty products. Integrating SquareRisk’s digital marketplace platform enhances automation, quoting accuracy, and underwriting efficiency across complex risks. This acquisition reflects Bold Penguin’s strategy to strengthen its insurtech ecosystem through scalable, data-driven solutions that streamline commercial insurance placement. It underscores the industry trend toward digital transformation, aiming to improve connectivity between wholesalers, carriers, and agents for faster, more transparent transactions.
Thasniya VP
