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Deals of the day-Mergers and acquisitions

Oct 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Goldman Sachs  has agreed to buy Industry Ventures, a leading venture capital firm that manages $7 billion of assets, in a bid to expand its services to technology entrepreneurs, it said on Monday.

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** Activist investor Starboard Value has built a stake in Keurig Dr Pepper  after the beverage company made an acquisition to strengthen its coffee business that investors disliked, two people familiar with the matter said on Monday.

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** Bold Penguin, the American Family-owned commercial insurance distribution platform, has acquired insurtech SquareRisk, a marketplace that quotes and binds specialty MGA products, it said on October 10.

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** Data startups Fivetran and dbt Labs will merge in an all-stock deal, creating a combined data infrastructure company with nearly $600 million in annual revenue, the two companies told Reuters.

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** Private equity firm Warburg Pincus has struck a deal to buy Germany's PSI Software for more than 700 million euros ($811 million), with shareholder and customer E.ON remaining a strategic investor, the firms said on Monday.

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** Brookfield  said on Monday it would buy the remaining 26% stake in U.S.-based asset manager Oaktree Capital Management for about $3 billion, as the investment firm looks to strengthen its credit business.

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** Investment firm Citadel said on Monday that it had agreed to acquire 100% of Hamburg-based power trading firm FlexPower.

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 (Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))

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