Quick answer: two verified lower-middle-market acquisitions announced during Week 39 (September 18-22, 2026) — Israeli PropTech company Venn’s $50M acquisition of US AI leasing platform Zuma, and Australian mining-services firm Macmahon Holdings’ A$75M (~$49M) acquisition of engineering contractor Aspect Engineering Solutions. A thinner week than usual for verified $10-100M deals — both are reported here rather than stretched to a third.
Every deal is pulled directly from WhoBoughtWho’s tracked acquisition history, verified against its original source — no estimates presented as fact, no unsourced deals.
| Acquirer | Target | Deal size | Announced | Type |
|---|---|---|---|---|
| Venn | Zuma | $50M | Sep 22, 2026 | Strategic |
| Macmahon Holdings | Aspect Engineering Solutions | A$75M / ~$49M | Sep 18, 2026 | Strategic |
2 acquisitions from Week 39
Deal
Venn → Zuma
- Price
- $50 million
- Status
- Announced · Sep 22, 2026
- Sector
- Real estate technology / AI leasing and rent-collection platform · United States
Zuma’s AI leasing and rent-collection platform serves multifamily housing operators across the US. Venn now expects to manage over 1 million residential units by year-end.
- Founders: Kendrick Bradley and Shiv Gettu joining Venn in operating roles
- Zuma backers: a16z, Y Combinator, King River Capital
Deal
Macmahon Holdings → Aspect Engineering Solutions
- Price
- A$75 million enterprise value, debt-free/cash-free (~5x FY26 EBIT of A$15M)
- Status
- Announced · Sep 18, 2026
- Sector
- Mining and engineering services · Australia
Aspect Engineering Solutions is a Perth-based engineering firm with about 300 employees and 50+ active clients across resources, infrastructure and energy, plus an engineering hub in Vietnam.
- Structure: A$30M cash upfront, A$30M retention-linked over 5 years, up to A$30M contingent performance payments
Buyer spotlight
Buyer Spotlight
Macmahon Holdings
Strategic · ASX: MAH
Macmahon is an established Australian mining services contractor buying engineering capability rather than a competing services book — Aspect brings 50+ active clients and an offshore engineering hub in Vietnam, extending Macmahon’s technical bench without having to grow it organically. The deal’s structure — only A$30M cash upfront against A$75M total, with the rest tied to retention and performance over five years — keeps Aspect’s team financially incentivized to stay through the integration rather than exit once the ink dries.
WhoBoughtWho tracks acquisitions like these as they’re announced — browse the full acquisition history, explore the private equity and search fund directories, or subscribe to WhoBoughtWho Weekly for verified deals delivered every week.