Austin, Texas, February 11, 2026
Austin has recently witnessed a remarkable spike in mergers and acquisitions, finalizing 10 significant deals, including two major acquisitions in the consumer packaged goods sector. Noteworthy transactions include Waystar’s acquisition of Iodine Software for $1.25 billion, and a $100 million Series B funding round for digital therapeutics startup Significo led by JSTAR Capital. The surge reflects Austin’s growing status as a hub for business activity, particularly in technology and health sectors, as companies aim to expand their market presence.
Austin, Texas Sees Surge in M&A Activity with 10 Recent Deals, Including Two Major CPG Acquisitions
Austin, Texas – In the past 48 hours, Austin has experienced a significant uptick in mergers and acquisitions (M&A), with 10 deals finalized, notably featuring two substantial consumer packaged goods (CPG) acquisitions.
Key M&A Transactions
- Iodine Software Acquisition: Waystar, a company based in Utah and Kentucky, has acquired Austin’s Iodine Software for $1.25 billion. This follows Advent International’s strategic growth investment in Iodine in late 2021, where they acquired a significant minority stake, valuing the business at over $1 billion.
- Significo’s Series B Funding: Austin-based digital therapeutics startup Significo has closed a Series B funding round led by JSTAR Capital Investments, achieving a valuation of $100 million. This brings their total funding to $1.03 billion to date.
- Harbor Health’s $130 Million Funding: Harbor Health, a primary and specialty care clinic group and health insurance company, has raised $130 million in a deal led by 8VC, Alta Partners, and General Catalyst, with participation from Breyer Capital and others.
- Augment’s $85 Million Series A: Augment, an Austin-based AI productivity platform for logistics, has raised $85 million in a Series A funding round led by Redpoint Ventures, with participation from Shopify Ventures, Autotech Ventures, 8VC, and others.
- Sesh’s $40 Million Investment: Sesh, a tobacco-free nicotine pouch brand for adults, has secured $40 million from 8VC, Post Malone, and Diplo.
Consumer Packaged Goods (CPG) Sector Highlights
- Rowdy Mermaid Acquisition: Next in Natural, a private equity firm investing in Better-For-You CPG brands, has acquired Rowdy Mermaid, a producer of functional wellness beverages.
- Artisan Bakery Platform Formation: HC Private Investments has formed Artisan Bakery, a platform created through the acquisitions of Snackwerks, a contract manufacturer of baked snacks, and Specialty Bakers, a commercial bakery producing specialty desserts.
Additional Notable Deals
- CleanArc Data Centers’ Investment: CleanArc Data Centers, an Austin-based developer and operator of data center facilities powered by renewables, has received a minority strategic investment from the Townsend Group, a Cleveland-based real estate investment advisor.
- Firefly Aerospace’s Rocket Test Incident: Firefly Aerospace’s stock experienced a decline following a rocket test in Briggs, north of Austin, which ended in an explosion. This incident occurred less than two months after its $868 million IPO in early August.
- Ethos Technologies’ Potential IPO: Ethos Technologies Inc., a life insurance platform, is reportedly working with Goldman Sachs on a potential IPO. The company recorded a 55% jump in revenue in the first half of 2025.
- Electronic Arts’ Privatization: Electronic Arts (NASDAQ: EA), which has maintained an Austin presence for decades, is set to be taken private in a $55 billion all-cash deal.
Background Context
The surge in M&A activity in Austin reflects the city’s growing prominence as a hub for business transactions, particularly in the technology and consumer goods sectors. The recent deals underscore the dynamic nature of the market and the strategic moves companies are making to expand their portfolios and market reach.
Frequently Asked Questions (FAQ)
What are the recent major M&A deals in Austin?
In the past 48 hours, Austin has seen 10 M&A deals, including Waystar’s $1.25 billion acquisition of Iodine Software and JSTAR Capital Investments leading Significo’s $100 million Series B funding round.
What are the notable CPG sector transactions in Austin?
Notable CPG transactions include Next in Natural’s acquisition of Rowdy Mermaid and HC Private Investments forming Artisan Bakery through the acquisitions of Snackwerks and Specialty Bakers.
What other significant deals have occurred in Austin recently?
Other significant deals include CleanArc Data Centers receiving an investment from the Townsend Group, Firefly Aerospace’s stock decline after a rocket test explosion, Ethos Technologies’ potential IPO, and Electronic Arts’ plan to go private in a $55 billion deal.
Key Features of Recent M&A Activity in Austin
| Deal | Description | Value | Sector | Location |
|---|---|---|---|---|
| Iodine Software Acquisition | Waystar acquires Iodine Software | $1.25 billion | Technology | Austin, TX |
| Significo’s Series B Funding | JSTAR Capital Investments leads Significo’s $100 million Series B funding round | $100 million | Digital Therapeutics | Austin, TX |
| Harbor Health’s $130 Million Funding | Harbor Health raises $130 million led by 8VC, Alta Partners, and General Catalyst | $130 million | Healthcare | Austin, TX |
| Augment’s $85 Million Series A | Augment raises $85 million in Series A funding led by Redpoint Ventures | $85 million | AI Logistics | Austin, TX |
| Sesh’s $40 Million Investment | Sesh secures $40 million from 8VC, Post Malone, and Diplo | $40 million | Consumer Goods | Austin, TX |
| Rowdy Mermaid Acquisition | Next in Natural acquires Rowdy Mermaid | Undisclosed | Functional Beverages | Austin, TX |
| Artisan Bakery Platform Formation | HC Private Investments forms Artisan Bakery through acquisitions of Snackwerks and Specialty Bakers | Undisclosed | Baked Goods | Austin, TX |
| CleanArc Data Centers’ Investment | CleanArc Data Centers receives minority investment from the Townsend Group | Undisclosed | Data Centers | Austin, TX |
| Firefly Aerospace’s Rocket Test Incident | Firefly Aerospace’s stock declines after rocket test explosion in Briggs, north of Austin | Undisclosed | Aerospace | Briggs, TX |
| Ethos Technologies’ Potential IPO | Ethos Technologies works with Goldman Sachs on a potential IPO | Undisclosed | Insurance | Austin, TX |
| Electronic Arts’ Privatization | Electronic Arts set to be taken private in a $55 billion deal | $55 billion | Gaming | Austin, TX |
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