Following are the top 5 major Mergers & Acquisitions (M&A) announced from January 27 to February 10, 2025, across various industries. The data is curated from the Intellizence mergers & acquisitions Dataset.
Acquiring Company – Warburg Pincus and Berkshire Partners
Acquired Company – TRIUMPH
Deal Amount – $3 Billion
The affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held company jointly controlled by Warburg Pincus and Berkshire Partners.
Acquiring Company – TPG
Acquired Company – Altus Power
Deal Amount – $2.2 Billion
Altus Power, the largest owner of commercial-scale solar in the US, has been acquired by TPG for $2.2 billion through its TPG Rise Climate Transition Infrastructure strategy. Upon completion of the transaction, Altus Power’s Class A common stock will no longer be listed or traded on the New York Stock Exchange, and it will be a privately held company.
Acquiring Company – Permira
Acquired Company – Encore Fire Protection
Deal Amount – $1.8 Billion
Permira, a leading global investment firm, has acquired Encore Fire Protection, a leading provider of fire protection services, in a $1.8 billion deal. Encore Fire Protection offers a comprehensive range of services, including the design, installation, testing, inspection, and maintenance of fire systems such as fire alarms, fire sprinklers, and fire extinguishers.
Acquiring Company – McKesson Corporation
Acquired Company – PRISM Vision Holdings
Deal Amount – $850 Million
McKesson Corporation will acquire an 80% controlling interest in PRISM Vision Holdings, a premier provider of general ophthalmology and retina management services, from Quad-C for $850 million. PRISM Vision physicians will retain a 20% interest in PRISM Vision.
Acquiring Company – MBK Partners
Acquired Company – FICT
Deal Amount – $656.3 Million
MBK Partners, a leading private equity firm in Asia, has acquired 80% of FICT equity from its largest shareholder, Advantage Partners, for approximately $656.3 million. FormFactor, a U.S. semiconductor inspection equipment corporation, will acquire the remaining 20%.

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