Fortune India Explainer: Why LTM acquired Randstad’s IT services business in Europe and Australia - Fortune India
LTM→Randstad IT services business
May 25, 2026
Blackstone-backed private equity firm has completed the acquisition of Fractional AI, a enterprise software business in California, for $115M. Fractional AI provides applied AI services and end-to-end AI implementation for mid-sized enterprises, helping teams integrate Anthropic Claude into core operations across San Francisco. The Fractional AI acquisition supports an AI-native enterprise services platform acquisition strategy by combining delivery capabilities with Applied AI engineering collaboration. The platform acquisition is structured as a technology M&A deal and is expected to serve as a founding operational centerpiece for the new company, with a consortium of alternative asset managers backing the initiative.
LTM→Randstad IT services business
May 25, 2026
Apogee Acquisition
May 22, 2026
Green Panda Capital→DeepGreenX Group
May 22, 2026
Functional Brands→BullionFX Alchemy
May 22, 2026
Motivity Signs→Calmanac
May 22, 2026