Today’s M&A deals include announcements on Plusgrade, Oaky, Blue Ant Media, MagellanTV, BGC Group, Macro Hive, among others.
General Atlantic’s Plusgrade acquires Oaky
Plusgrade, backed by General Atlantic, acquired hotel upselling software provider Oaky from PeakSpan Capital to enhance its travel technology ecosystem. Oaky’s platform enables hotels to drive ancillary revenue through personalized upselling and guest experience automation. This acquisition expands Plusgrade’s global footprint in the hospitality sector, integrating Oaky’s AI-driven personalization tools with Plusgrade’s existing airline and cruise revenue optimization solutions. Strategically, it reinforces Plusgrade’s vision to become a comprehensive ancillary revenue leader across travel verticals. The transaction, reportedly valued between $100–$150 million, underscores a focus on innovation, data-driven marketing, and high-margin digital services in hospitality technology.
Blue Ant Media acquires MagellanTV for $12M
Blue Ant Media acquired the documentary-focused streaming platform MagellanTV for $12 million, marking a strategic expansion into direct-to-consumer digital streaming. MagellanTV’s extensive library of factual and educational content complements Blue Ant’s existing media assets, enhancing its position in premium nonfiction entertainment. The acquisition brings proprietary streaming technology, data analytics, and subscription management capabilities that strengthen Blue Ant’s OTT (over-the-top) distribution strategy. By integrating MagellanTV’s curated content model, Blue Ant aims to scale its global reach and improve audience engagement through personalized viewing experiences. The deal underscores its commitment to digital growth, innovation, and content diversification.
BGC Group acquires Macro Hive
BGC Group’s acquisition of macroeconomic research and analytics firm Macro Hive enhances its data-driven financial intelligence and advisory capabilities. Macro Hive provides AI-assisted macroeconomic modeling, proprietary indicators, and independent research catering to institutional investors. The deal strengthens BGC’s strategic expansion into fintech analytics, integrating Macro Hive’s insights with its trading and brokerage ecosystem. This acquisition supports innovation through advanced data visualization and machine-learning-based forecasting tools. The transaction, estimated at around $50 million, underscores BGC’s commitment to delivering high-value analytics and expanding its global footprint in financial research and macroeconomic intelligence solutions.
Thasniya VP
