Acquisitions in 2021

MCE acquired RSA, Inc. and Global Controls, Inc. (collectively “RSA”), an automation-focused distributor and systems integrator based in St. Charles, Illinois. RSA distributes robotics, motion control, vision systems, PLC/HMI, and safety products and supports automation and motion control projects for industrial end-user and OEM customers across the upper Midwest.

CompuCom announced its sale to an affiliate of Variant Equity Advisors, a Los Angeles-based private equity firm. The acquisition marks Variant’s entry into the managed services space and is intended to support CompuCom’s growth in digital workplace and managed workplace services. CompuCom’s prior owner, The ODP Corporation, had previously announced the purchase terms.

Platinum Equity completed the acquisition of Pelican Products, a global designer and manufacturer of high-performance protective cases, rugged gear, and portable lighting systems. Pelican also provides temperature-controlled supply chain and packaging solutions for healthcare and biopharma markets through its Peli BioThermal business. Financial terms of the transaction were not disclosed.

Wisconsin River Partners has acquired solid wood furniture manufacturer Witmer Furniture. The deal closed on Dec. 30, 2021, and former owner Kevin Schlinkmann will remain with the company as president to support continued growth and market share expansion.

Fishtech Group and Herjavec Group announced a merger to form a combined cybersecurity services provider, backed by funds advised by Apax Partners LLP. The Apax Funds will hold a majority stake in the new entity, while Fishtech founder Gary Fish and Herjavec Group founder Robert Herjavec will retain significant equity and lead the combined company.

Midwest Products & Engineering (MPE-INC) announced it has acquired Racine Metal Fab (RMF), a precision sheet metal fabrication and stamping company. The deal expands MPE’s vertically integrated “Concept to Completion” contract manufacturing capabilities for medical device and technology OEM customers.

Aditxt Inc. signed a share exchange agreement to acquire AiPharma Global Holdings LLC (a wholly owned subsidiary of AiPharma Group Ltd.) in a two-step transaction. Aditxt expects to first purchase 9.5% of AiPharma and then acquire the remaining 90.5% at a secondary closing, funded with Aditxt common stock issuances and $500,000 total cash consideration, subject to conditions including shareholder and Nasdaq approval.

Teleperformance acquired Senture, a U.S. government-services-focused BPO operator, from Kingswood Capital Management. Senture, founded in 2003 and headquartered in London, Kentucky, provides onshore citizen experience and support services primarily for U.S. federal, state, and local government clients. The transaction valued Senture at an enterprise value of US$400 million and was fully financed through debt.

The Hain Celestial Group, Inc. completed its acquisition of That's How We Roll, the producer and marketer of the ParmCrisps and Thinsters better-for-you snack brands. Hain Celestial acquired the business from Clearlake Capital Group for approximately $259 million in cash, subject to a working capital adjustment.

Data Network Services (DNS), backed by Cloud Equity Group, acquired Datacom Specialists, an Ohio-based managed service provider serving small- and medium-sized businesses across the United States. The deal is DNS’s first add-on acquisition since Cloud Equity Group’s initial investment in DNS in December 2020. Financial terms were not disclosed.

CID Capital announced that its portfolio company, ProSource, LLC, has acquired Marion Davis, Inc.; financial terms were not disclosed. The deal expands ProSource’s plumbing and lighting capabilities and adds electrical supplies to its product assortment, with Marion Davis expected to be rebranded as ProSource after a transition period.

Tide Rock acquired CableMaster Corp and Cal Micro Recycling as its 11th and 12th platform investments at the end of 2021. Tide Rock also acquired Plastic Molding Technology (PMT) as an add-on to its plastics injection molding group alongside Pikes Peak Plastics and Altratek, expanding its precision injection-molded components footprint.

TAP Software Holdings, an enterprise software investment vehicle managed by Terminus Capital Partners, acquired Delta Data, a FinTech provider of back-end pooled investment fund administration and processing software. Delta Data was acquired from Accel-KKR, with Whitfield Athey continuing as CEO. Financial terms were not disclosed.

HGR Industrial Surplus acquired Tramar Industries, a global CNC machinery marketplace focused on buying and selling used CNC equipment. The combination merges the companies’ complementary marketplaces to broaden equipment selection, expand warehouse footprint across North America, and provide a one-stop solution for customers buying or consigning industrial equipment.

Arxada AG has completed the acquisition of Enviro Tech Chemical Services, Inc., effective 22 December 2021. Enviro Tech manufactures proprietary antimicrobial and biocidal products, including peracetic acid-based, environmentally sustainable offerings that will form a new complementary business line within Arxada’s Microbial Control Solutions business. The deal also adds three manufacturing facilities in the United States (Modesto, California; Helena, Arkansas; and Levelland, Texas); financial terms were not disclosed.

Affiliates of Fortress Investment Group completed previously announced transactions with DigitalBridge Group and BrightSpire Capital for total consideration of approximately $730 million. Fortress became General Partner and Manager to DigitalBridge’s DCVR series of funds, co-investment vehicles and other non-digital real estate positions, and separately acquired five historical development and/or non-accrual assets from BrightSpire for gross proceeds of $223 million.

Gaia, Inc. acquired Yoga International, a digital-only yoga content and education platform originally founded by the Himalayan Institute. The deal expands Gaia’s streaming library by adding approximately 4,000 hours of yoga content and brings Yoga International’s subscriber community onto Gaia’s platform.

NGS procured private equity capital from Turning Basin Capital (TBC) and Vigeo Investments to support the company’s next phase of growth. The investment will be used to pursue acquisitions in the building security and energy efficiency markets, with at least one target already in negotiations. Financial terms were not disclosed and the transaction closed on November 9, 2021.

Vance Street Capital LLC announced the acquisition of Plastic Design Corporation (PDC), a contract manufacturer of micro-molded plastic components serving MedTech and life science markets. PDC, founded by Mark Kinder and headquartered in Scottsdale, Arizona, will partner with Vance Street to support its next phase of growth; transaction terms were not disclosed.

Arrow International, Inc. acquired the assets of Tab Wizard Inc., a provider of pull tab and food & beverage point-of-sale management software for the charitable gaming industry. The deal expands Arrow’s end-to-end offerings in regulated charitable gaming, and Tab Wizard founder Rob Perry will remain with the company.

Brixey & Meyer Capital (BMC) announced the sale of its portfolio company, Safe-Way Garage Doors, to CapitalWorks, a private equity firm based in Cleveland, Ohio. Safe-Way is a manufacturer and distributor of residential, commercial, and industrial overhead garage doors, with manufacturing in Warsaw, Indiana and distribution centers in Tennessee and Missouri.

Mister Car Wash, Inc. acquired express car wash platform Clean Streak Ventures LLC from MKH Capital Partners for $390 million. Headquartered in Orlando, Clean Streak operates 23 locations with 10 additional sites in development, and the deal expands Mister Car Wash’s Florida footprint to 65 locations.

Oracle announced it entered into an agreement to acquire Federos on December 21, 2021. The deal expands Oracle Communications’ portfolio by adding Federos’ AI-optimized assurance, analytics, and automation capabilities, including the Assure1 unified platform for network and service assurance.

Arcline Investment Management acquired a controlling stake in American Holt Corporation from founder and CEO Jon Levy. American Holt provides technology-enabled aftermarket replacement parts for production and processing machinery, with a focus on high-throughput manufacturing environments including food and beverage. The existing management team will continue to lead the company with Arcline’s support.

New State Capital Partners acquired AVEX, a leading North American dealer providing sales, maintenance, and aftermarket services for Daher TBM turboprop aircraft. AVEX was purchased from its founder, Terry Winson, who is retiring, and will serve as the anchor investment for New State’s new aviation-focused platform. Financial terms were not disclosed.

Acrisure announced it has acquired the Managing General Agency (MGA) and Third-Party Administrator (TPA) operations of SUNZ Insurance. The acquired entities include Next Level Administrators, Watchpoint, Ascential Care Partners, Avalon, and Accelevant Premium Audit, expanding Acrisure’s underwriting, claims, and related workers’ compensation/PEO capabilities. Financial terms were not disclosed.

Advent International acquired a majority stake in Encora, a provider of software and digital engineering services headquartered in Scottsdale, Arizona. Existing majority shareholder Warburg Pincus sold down its position and will retain a minority stake as Encora pursues continued global growth and targeted M&A.

Cobepa S.A. has extended its partnership with BioAgilytix and entered into a recapitalization of the company in conjunction with private equity firm Cinven. Cobepa, which became BioAgilytix’s majority shareholder in 2018, will remain a significant investor as Cinven joins as a new shareholder.

Ampersand Capital Partners completed the sale of its portfolio company Adaptas Solutions to IMI plc for $271 million in cash. Adaptas provides mission-critical components and subsystems for complex laboratory instruments in life sciences, diagnostics, and lab automation markets and is headquartered in Palmer, Massachusetts.

Dunes Point Capital, LP sold Professional Plumbing Group Inc. (PPG) to Marcone, a portfolio company of Genstar Capital Partners. Headquartered in Concordville, Pennsylvania, PPG distributes plumbing products for repair and remodel applications, including proprietary brands Wolverine Brass and Speakman as well as third-party products.

Volaris Group acquired Sansio Inc., adding it to Volaris Group’s Healthcare portfolio. Sansio brings the HealthEMS and HomeSolutions.Net SaaS information management business lines, which were previously acquired from Stryker. Sansio is headquartered in Duluth, Minnesota and provides software for electronic patient care records and home healthcare management.

Lomond Group, backed by private equity firm LDC, has acquired Scottish lettings and estate agency DJ Alexander, making Lomond the largest lettings and estate agent in Scotland. DJ Alexander will continue to trade under its existing name, with founder David Alexander leading Lomond’s Scotland business as CEO. The deal expands Lomond’s managed-property portfolio and strengthens its presence in Scotland’s central belt.

Global, a media and entertainment group, acquired Captivate, a podcast hosting, analytics, and monetization platform. Captivate will be integrated into Global Player and will expand monetization opportunities for creators through Global’s digital ad platform DAX.

Paragon Energy Solutions announced the acquisition of Rock Creek Innovations, LLC (RCI), an innovation company that designs and licenses the Highly Integrated Protection System (HIPS) Platform for nuclear safety-related control systems. The deal expands Paragon’s capabilities in safety instrumentation and control solutions for commercial nuclear power plants and small modular reactor providers; financial terms were not disclosed.

GEON Performance Solutions acquired Roscom, Inc., an ISO9001:2015-certified PVC compounding facility headquartered in Croydon, Pennsylvania. The acquisition expands GEON’s flexible PVC compounding capabilities and strengthens service coverage in the Northeastern United States and parts of Canada.

Titan Holdings acquired MaxHome, LLC, a fast-growing bathroom and window remodeling provider. The acquisition adds MaxHome to Titan’s Renuity portfolio of home improvement businesses and expands Titan’s footprint across the Gulf Coast and additional U.S. markets.

KCM Capital Partners LLC completed the acquisition of ICAT Logistics, Inc., a global freight forwarder headquartered in Elkridge, Maryland. The transaction was completed in partnership with founder and CEO Rick Campbell, with additional investment support from Lightspring Capital Partners and Midwest Mezzanine Funds. Terms of the transaction were not disclosed, and ICAT’s existing leadership team will continue to run day-to-day operations.

River Associates’ portfolio company Trident Solutions, Inc. acquired LEM Products, Inc., marking Trident’s fourth add-on acquisition. LEM, headquartered in Montgomeryville, Pennsylvania, manufactures industrial identification products such as labels, tags, markers, decals, and signage. The transaction closed on December 17, 2021, and financial terms were not disclosed.

Solotech has acquired XR Studios, a Los Angeles-based full-service agency specializing in extended reality (XR) and augmented reality technologies for live broadcast and virtual production. XR Studios will continue operating as a separate entity and brand, while strengthening Solotech’s newly created Media and Entertainment Technology (MET) Division. The acquisition is supported by Solotech’s shareholders Claridge, Desjardins Capital, and Investissement Québec and is intended to accelerate global expansion of XR studio offerings.

Arsenal Capital Partners’ industrial coatings platform, Seal For Life Industries, acquired Mascoat Ltd. and Verdia, Inc., two privately owned specialty industrial coatings manufacturers. Mascoat (Houston, Texas) makes thermal insulation, anti-condensation, and sound damping coatings, while Verdia (Conroe, Texas) manufactures polymer flooring systems, expanding Seal For Life’s global protective coatings and sealing solutions portfolio.

Ultimus Fund Solutions acquired FD Fund Administration to expand its private fund administration footprint and enhance capabilities in real estate, credit, and infrastructure funds. FD Fund Administration will be merged into Ultimus’ private fund business unit, Ultimus LeverPoint Private Fund Solutions. The acquisition was backed by private equity firm GTCR and closed on December 15, 2021.

Boathouse Capital completed a growth investment in RBJK Marketing, the largest operator in the Jan-Pro system with operations in Atlanta and Oklahoma City. Boathouse partnered with RBJK’s management team to fund organic and inorganic growth initiatives, including further expansion within the Jan-Pro system.

XanEdu announced the addition of NextLesson to its educational technology portfolio. The acquisition expands XanEdu’s K-12 courseware and services with NextLesson’s standards-aligned projects and lesson technology, including LMS integration and grading automation.

LongueVue Capital (LVC) partnered with Wagner Logistics to recapitalize the business and provide growth capital to support continued expansion. Wagner Logistics is an asset-light third-party logistics (3PL) provider focused on contract warehousing, fulfillment, and related transportation services, and will become LongueVue Capital III's 12th platform investment.

Pearlman Group, a portfolio company of The Stephens Group, acquired Advanced Diamond Technologies, Inc. dba Vector Tools, a distributor of stone fabrication and installation tools and supplies in the Southeast. Vector will continue to be operated by its founders and existing management team in partnership with Pearlman. Financial terms of the transaction were not disclosed.

Afterburn Holdings, a leading Orangetheory Fitness franchisee, acquired a Washington state area representative, including eighteen owned studios, thirteen sub-franchised studios, and area development rights for Washington. Brentwood Associates, Afterburn’s existing partner, teamed with Garnett Station Partners to finance the acquisition and support Afterburn’s continued expansion.

PSG, together with its portfolio company ShieldCo, acquired Traction Guest, a cloud-based visitor management and workforce security software provider. The deal expands ShieldCo (backed by PSG V) and is intended to accelerate product innovation and growth in the workplace safety and visitor management market.

Gemspring Capital acquired a majority interest in Mantis Innovation Group, LLC, a tech-enabled facility services provider focused on improving building performance and energy efficiency. Mantis is headquartered in Houston, Texas and serves commercial, industrial, and government customers across the United States. O2 Investment Partners, a prior owner since 2018, indicated it is exiting its investment as part of the transaction.

Commercial Energy Specialists Holdings, LLC (CES Holdings) acquired Duffield Aquatics, Inc., expanding its platform of service-based distributors of recreational water treatment equipment and services for commercial and institutional aquatic facilities. Duffield becomes the third company in the CES Holdings family alongside Commercial Energy Specialists, LLC and Knorr Systems Int'l, LLC; transaction terms were not disclosed.

Dubin Clark’s holding company, Super Home Services, LLC (SHS), acquired SWAT Mosquito Systems, LLC, a provider of permanent automated mosquito misting systems and related installation and maintenance services. The acquisition adds SWAT to the SHS home services platform and supports continued growth and geographic expansion in Florida and the broader Southeastern United States. Financial terms were not disclosed.

Mitratech acquired Continuity, a cloud-based governance, risk, and compliance (GRC) technology and advisory solution serving banks, credit unions, and the broader financial services market. The acquisition expands Mitratech’s GRC software portfolio with Continuity’s compliance change management, internal controls, and risk/vendor/performance management capabilities.

Rohrer Corporation, a retail-packaging designer and manufacturer and a portfolio company of Wellspring Capital Management, closed the acquisition of Jay Packaging Group. Jay Packaging Group, headquartered in Warwick, Rhode Island, adds specialty printing and thermoforming capabilities that expand Rohrer's high-end printing, decorating, and sustainable packaging offerings.

Transworld Systems Inc. (TSI) has completed the acquisition of EOS North America, a first- and third-party collection agency serving clients across government, financial services, healthcare, telecom, and utilities in the United States and Canada. The deal expands TSI’s first-party collections and customer care capabilities and adds AffordaPay, a buy-now-pay-later healthcare solution; terms were not disclosed.

Vertellus announced the acquisition of Jarchem Innovative Ingredients, a global manufacturer and supplier of specialty and nature-based ingredients. The deal expands Vertellus’ environmentally friendly ingredient portfolio and strengthens its presence in high-growth specialty, personal, home, and health care markets. Vertellus is owned by Pritzker Private Capital and management, and Jarchem was advised by Balmoral Advisors.

FFL Partners completed a significant private equity investment in Optomi Professional Services (OPS), a provider of technology consulting, IT staff augmentation under the Optomi brand, and domestic rural outsourcing under the Provalus brand. OPS is headquartered in Atlanta and supports Fortune 2000 clients across areas including cybersecurity, data modernization, software engineering, and cloud & infrastructure. Financial terms were not disclosed.

919 Marketing acquired NetSearch Digital Marketing, a Richmond, Virginia-based digital marketing agency specializing in SEO, PPC, web design, and related services. The deal expands 919 Marketing’s in-house digital and web development capabilities and strengthens its offering for franchise, multi-location, and non-profit clients.

Alcami Corporation, a pharmaceutical and biotech contract development and manufacturing organization (CDMO), completed the acquisition of Masy Systems Inc. (Masy BioServices), a provider of cGMP biostorage and pharma support services. The deal adds complementary biostorage capacity and related validation/calibration services to Alcami’s offerings; financial terms were not disclosed.

TELEO Capital Management portfolio company UMT360 has acquired FIOS Insight LLC, an enterprise architecture (EA) software tool provider. FIOS will be merged into UMT360 to strengthen UMT360’s Strategic Portfolio Management and enterprise PPM capabilities by integrating FIOS’ EA technology. FIOS Insight is headquartered in Houston, Texas.

The Vistria Group sold its Fund II portfolio company FullBloom to American Securities LLC. American Securities will acquire 100% of FullBloom, a provider of special education and behavioral health solutions for children and families.

Great Point Partners sold Softbox Systems to CSafe Global, which is backed by Frazier Healthcare Partners and Thomas H. Lee Partners. Softbox, headquartered in Long Crendon, United Kingdom, provides passive temperature-controlled packaging solutions used across pharmaceutical and life science cold-chain logistics, including COVID-19 vaccine shipments.

Care Options for Kids (OCI Holdings, LLC d/b/a Care Options for Kids) acquired The Missing Peace Autism Therapy Center, LLC, effective October 1, 2021. The Missing Peace will partner with Care Options for Kids to coordinate pediatric therapy and Applied Behavior Analysis (ABA) autism services across Texas, with founders Beth Worman and Megan Haupert continuing to lead the business.

Entegris, Inc. entered into a definitive merger agreement to acquire CMC Materials, Inc. in a cash-and-stock transaction valued at approximately $6.5 billion (enterprise value). CMC Materials shareholders will receive $133.00 in cash plus 0.4506 shares of Entegris common stock per share, and the combination is intended to expand Entegris’ electronic materials and semiconductor CMP solutions portfolio.

Main Street Capital Corporation, together with a co-investor, completed a follow-on investment in its existing portfolio company Hawk Ridge Systems, LLC. The $16.4 million first-lien term debt investment will support Hawk Ridge’s acquisition of an unnamed, geographically complementary value-added reseller of SolidWorks software solutions and Markforged 3D printing solutions, as well as fund continued internal growth initiatives.

Bertram Capital acquired BCI Burke, a manufacturer of commercial play equipment and outdoor recreation solutions headquartered in Fond du Lac, Wisconsin. The investment establishes a new industrial platform for Bertram, with plans to pursue growth through add-on acquisitions, geographic expansion, and new product introductions. Financial terms were not disclosed.

SIB Fixed Cost Reduction (backed by O2 Investment Partners) made a strategic investment in Shipware. Shipware provides shipping contract optimization, benchmarking and analytics, spend management reporting, and automated invoice audit services to help clients reduce parcel and LTL transportation costs.

Nexa Equity LLC announced a majority growth investment in Leap, a sales enablement software platform for home contractors. Leap’s management team and founders will remain meaningful shareholders, and the companies plan to partner to scale the business and pursue strategic acquisitions. Financial terms were not disclosed.

North American Kitchen Solutions, Inc. (NAKS), backed by Weinberg Capital Group, acquired Lane Mechanical Inc., a Dallas, Georgia-based commercial kitchen sheet metal fabricator. The deal adds NAKS’s second manufacturing plant and expands its footprint in the Southeast U.S. foodservice market, increasing production capacity and enabling closer integration of fabrication into NAKS’s one-stop-shop ventilation systems offering.

Blue Point Capital Partners made a platform investment in National OnDemand, a Burlington, North Carolina-based communication and utility infrastructure service provider serving U.S. fiber, wireless, energy, and technology sectors. National OnDemand’s founders, CEO Douglas Boteler and COO Tim Standafer, are retaining significant ownership and will continue to lead the business as Blue Point supports organic and acquisitive growth.

Fix-It 24/7, a portfolio company of New Harbor Capital, has completed the acquisition of On Time Experts (OTE). The deal expands Fix-It 24/7 into the Dallas–Fort Worth market and supports its multi-branch operating strategy in residential HVAC and plumbing services.

Dude Solutions, backed by Clearlake Capital Group, acquired Facility Health, Inc. (FHI) to expand its enterprise asset management capabilities for healthcare organizations. Facility Health, headquartered in Grand Rapids, Michigan, provides capital and asset planning software including the Origin Decision HUB and its proprietary Health Index for predictive CapEx/OpEx modeling. Financial terms were not disclosed.

Funds managed by Blackstone GP Stakes acquired a minority ownership interest in Nautic Partners LLC, forming a new strategic partnership. The investment is intended to support Nautic’s continued growth and value-creation strategy across its focus sectors.

Empower Community Care ("Empower") acquired F.F.T. LLC ("FFT"), which provides training and support services for the Functional Family Therapy evidence-based intervention model. FFT, founded in 1998 and headquartered in Seattle, Washington, will partner with Empower to expand FFT’s reach while continuing to operate as an independent model. Empower’s existing investors include its management team and Northlane Capital Partners.

Consilio announced it has closed the acquisition of Legility, a global legal services provider. The combination is intended to strengthen Consilio’s enterprise legal services and flexible legal talent solutions, while expanding capabilities in areas including eDiscovery, managed review, and legal operations with increased scale and European reach.

ImageFIRST Healthcare Laundry Specialists acquired the HLAC-accredited linen processing facility and private sector operations of Puget Sound Laundry Services, a division of Northwest Center Services. The deal expands ImageFIRST’s healthcare laundry footprint in the Pacific Northwest and adds to its network of HLAC-accredited plants; terms were not disclosed.

Dental365 announced the acquisition of Beacon Dental Health, a New England-based dental service organization supporting 14 general dental practices. The deal expands Dental365’s footprint into Massachusetts and Rhode Island and brings the combined organization to more than 90 supported practices and over 1,000 employees.

Hawk Ridge Systems acquired DesignPoint to expand its 3D design, manufacturing, and 3D printing solutions footprint and create coast-to-coast coverage across North America. The combination strengthens Hawk Ridge Systems’ presence on the East Coast and adds to a series of value-added reseller acquisitions completed over the prior 12 months.

Charlesbank Capital Partners has acquired BOX Partners, a technology-enabled supplier of packaging, shipping, and industrial supplies serving e-commerce and distribution markets. Headquartered in Elgin, Illinois, BOX Partners is transitioning from family ownership to its first outside equity investment, funded with a mix of equity and debt. Neil Thomas will become CEO as BOX’s co-founder and president steps down.

CellCarta announced the acquisition of Biogazelle, a Ghent, Belgium-based provider of genomic testing solutions, to strengthen CellCarta’s genomic capabilities and expand into digital PCR (dPCR) services. Biogazelle will become CellCarta’s Center of Excellence for complex genomic biomarker assay development, enhancing support for biopharma and biotech clients across discovery through clinical settings.

High Road Capital Partners’ portfolio company John Henry Foster Minnesota (JHFoster) completed the acquisition of Sensors Inc. and Sensors Integration Corp. (collectively, “Sensors”). Sensors is a distributor and integrator of industrial sensing products and systems, and will continue to operate under the Sensors brand headquartered in Delano, Minnesota. Financial terms were not disclosed.

Impero Software acquired ContentKeeper to expand its cloud-based, device-agnostic product portfolio, strengthening offerings in web filtering, reporting, and mobile security for schools and other organizations. The deal is intended to broaden Impero’s reach and customer base, particularly in the United States, and accelerate its product roadmap. Financial terms were not disclosed.

Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, announced its acquisition of Elmco Industrial Services. The deal expands Mid-State’s mechanical shop and field-service capabilities and extends its ability to serve industrial and manufacturing end markets across the United States.

Prime Pensions LLC, a portfolio company of Mill Point Capital LLC, acquired Pension Planners Northwest, Inc. (PPNW), an Oregon-based provider of retirement plan design, administration, and consulting services. The acquisition expands Prime Pensions’ retirement plan compliance and administration capabilities and extends its geographic presence in the Northwestern United States.

Olsam Group has completed the acquisition of the assets of Flywheel Commerce, a US-based e-commerce aggregator. The deal is intended to expand Olsam’s global footprint, particularly in North America, while continuing to operate Flywheel’s brands in the United States and scaling them into the United Kingdom and European Union.

MW Industries acquired Ideal Fasteners, a global manufacturer and supplier of threaded fasteners, with the transaction closing on December 10, 2021. The deal expands MW Industries’ U.S. manufacturing footprint and broadens its catalog of stock, standard, and custom threaded fasteners and engineered components for global distribution. Ideal Fasteners will join MW Components, a division of MW Industries.

Dynata announced it has acquired 0ptimus Analytics, an AI and machine learning data science and technology company. The deal strengthens Dynata’s advertising solutions by making its first-party data more actionable through connected data, audience modeling, and real-time activation capabilities.

Quartile, an ad optimization platform for e-commerce marketplace sellers, acquired Sidecar, a cross-channel performance marketing technology provider for e-commerce retailers and brands. The combined business will operate under the Quartile name, creating a larger cross-channel e-commerce advertising platform with expanded ad spend under management. Rockbridge Growth Equity will remain the lead institutional investor, and existing Sidecar shareholders will retain a significant stake in the post-acquisition entity.

The Master Group Inc., a Canadian HVAC-R distributor, acquired Value Added Distributors (VAD) to enter the United States market. VAD, headquartered in Midlothian, Virginia, is the parent company of Virginia Air Distributors, Allied HVAC Distributors, and South Carolina Air Distributors, operating 19 branches across six states. Master stated that VAD will continue operating as a stand-alone U.S.-based corporation and will serve as the platform for future U.S. growth.

High Street Insurance Partners (HSIP) has acquired Nebraska-based GTA Insurance Group. GTA provides insurance and risk management solutions across Nebraska, including a significant agricultural practice, and the deal expands HSIP’s Midwest footprint with more than 30 new offices.

H.I.G. Capital, through an affiliate, made a strategic equity investment in Rising Pharma Holdings and Casper Pharma (collectively Rising Pharmaceuticals). Rising Pharmaceuticals develops and markets generic and specialty-branded pharmaceutical products in the United States and is based in New Brunswick, New Jersey.

On December 10, 2021, Prairie Capital VII, LP partnered with founder Dr. Becky Bailey and other management to recapitalize Conscious Discipline. Conscious Discipline, headquartered in Oviedo, Florida, provides a comprehensive social emotional learning (SEL) program integrating school discipline and school culture. The investment is intended to accelerate growth through investments in people, sales and marketing, technology, infrastructure, new products, and potential add-on acquisitions.

GlacierPoint Enterprises, a portfolio company of Mill Point Capital and parent of E&M Logistics, partnered with and acquired Jack & Jill, a family-owned direct store delivery (DSD) distributor of ice cream and other food and beverages. The transaction expands GlacierPoint/E&M’s geographic footprint from the New York Metro area into the Mid-Atlantic corridor and strengthens customer and vendor relationships. Jack & Jill President Ken Schwartz will continue in his role and join GlacierPoint’s board and shareholder group.

Sverica Capital Management LP made a strategic investment in ShadowDragon, a threat intelligence and OSINT software provider. ShadowDragon founder and CEO Daniel Clemens will continue to lead the company, and Sverica representatives Frank Young and Michael Dougherty will join ShadowDragon’s Board of Directors.

High Street Capital announced it has acquired Knight Material Technologies (KMT), formerly Koch Knight, a Koch Engineered Solutions company and subsidiary of Koch Industries. Koch will remain a key customer, while High Street Capital plans to invest in KMT’s technology, innovation, and infrastructure to support growth with the existing management team remaining in place.

Trystar has acquired Total Plant Management Group, Inc. (TPMG) to expand its complete power system capabilities. The deal adds TPMG’s custom prefabricated steel buildings, modular electrical substations (E-Houses), control panels, and integration/testing/commissioning services to Trystar’s portfolio of power distribution, cable, and test products.

OpenGate Capital portfolio company Duraco Specialty Tapes acquired Rayven Inc., a developer and manufacturer of coated functional films, specialty tapes, and release liners. The deal, described as Duraco’s fourth add-on acquisition in 24 months, expands Duraco’s coating capacity, product development capabilities, and addressable end markets. Rayven was acquired from private sellers; financial terms were not disclosed.

WhiteWater Express Car Wash completed three acquisitions to expand its presence in the Midwest, adding ten locations across Ohio and Michigan. The acquired operators—Bruster's Car Wash, Checkers Express Car Wash, and Soapy Joe's Auto Wash—will be rebranded under the WhiteWater Express banner, with employees onboarded into WhiteWater.

Paradigm announced that it has acquired HomeCare Connect, a specialty network focused on home health, durable medical equipment (DME), and related services for catastrophic and complex cases. The acquisition expands Paradigm’s specialty network and clinical solutions and extends its accountable specialty care management model into the home health market.

Battery Ventures has acquired LI-COR Biosciences, a Lincoln, Nebraska-based maker of highly engineered analytical instrumentation systems and related software and reagents. The investment is intended to fuel LI-COR’s growth as demand rises for climate-change/environmental monitoring tools and life-science research instrumentation, with Battery planning to support both organic growth and targeted acquisitions.

L2 Capital Partners, L.P. completed the recapitalization of YakAttack, LLC, a designer and manufacturer of kayak fishing aftermarket accessories headquartered in Farmville, Virginia. Salem Investment Partners and Oxer Capital provided debt financing and also co-invested in the transaction. Financial terms were not disclosed.

Vertex Aerospace, owned by American Industrial Partners, completed the acquisition of Raytheon Technologies' Defense Training and Mission Critical Solutions business lines. The deal expands Vertex’s technology solutions and services across defense and commercial training, mission-critical support, and engineering/modernization capabilities.