Omnicom Health Group Acquires Propeller

Nobl Q Acquires Propel

August 11, 2024

Software

Dallas-based AI and cloud solutions provider Nobl Q has acquired Propel, a software development company led by CEO Bala Chandra. Propel's team and capabilities will be integrated into Nobl Q (with Propel executives joining Nobl Q's leadership), broadening Nobl Q's AI, cloud and software development offerings across healthcare, finance and manufacturing verticals.

Newlight Partners Makes Equity Investment in Propeller Industries

August 20, 2020

Accounting & Tax

Affiliates of Newlight Partners LP have made an equity investment in Propeller Industries, a provider of financial management and accounting services for venture-stage companies. The growth investment will be used to accelerate organic growth, expand Propeller's technology platform, and support acquisitions; terms were not disclosed.

Astellas Pharma to Acquire Propella Therapeutics

November 15, 2023

Biotechnology

Astellas Pharma, through a US subsidiary, has entered into a merger agreement to acquire Propella Therapeutics for approximately $175 million in cash. Propella is developing PRL-02 (abiraterone decanoate), a next-generation long-acting prodrug targeting prostate cancer, which is currently in Phase 1 with plans to enter Phase 2a in 2024.

Omnicom Acquires Interpublic Group of Companies (IPG)

November 26, 2025

Marketing & Advertising

Omnicom completed its stock-for-stock acquisition of The Interpublic Group of Companies, Inc. (IPG) on November 26, 2025, after receiving all required regulatory approvals and meeting other closing conditions. The combined company will trade under the Omnicom ticker symbol OMC on the New York Stock Exchange and is expected to deliver a comprehensive, intelligence-led marketing and sales platform.

Propel Insurance (Flexpoint Ford portfolio) Acquires HealthCare Services (HCS) Insurance Partners

July 1, 2020

Insurance

Propel Insurance, a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a boutique risk-management and insurance consulting firm based in Knoxville, Tennessee that specializes in senior living organizations. The acquisition expands Propel's senior living practice, strengthens its southeast presence (Knoxville and Charlotte hubs) and adds industry expertise to Propel's national platform; the combined agency will generate more than $120 million of annual revenue and operate seven U.S. offices.

Omnicom Acquires Flywheel Digital

October 30, 2023

Marketing & Advertising

Omnicom has agreed to acquire Flywheel Digital, the digital commerce business of Ascential, for approximately $835 million in net cash. The acquisition brings Flywheel's commerce platform and services — including retail commerce operations, media execution, and market intelligence supported by Flywheel Commerce Cloud — into Omnicom to deepen its capabilities in e-commerce, retail media and digital commerce.