Acquisitions in 2023

Main Street Capital Corporation completed a $43.2 million portfolio investment to facilitate the recapitalization of Pinnacle Plastics, Inc. and Integrity Plastics, Inc. (together, “Pinnacle”), a manufacturer and distributor of commercial can liners and polyethylene bags. The financing, alongside a co-investor and in partnership with the company’s existing owners and management team, included first-lien senior secured term debt, a direct equity investment, and a revolving line of credit to support future growth and working capital needs.

Dunes Point Capital, LP formed Roofing Services Solutions, LLC (RSS) and acquired Noland's Roofing, Inc., a provider of re-roofing and building exterior services to residential customers. Noland's Roofing is headquartered in Clermont, Florida and represents the first investment in RSS's platform consolidation strategy in the aftermarket roofing services space. Dunes Point Capital Fund III, LP provided controlling equity financing, with debt financing from M&T Bank.

Olsam Group, a London-based eCommerce platform, acquired Dwarfs (Dwarfs.io), an eCommerce aggregator based in the Netherlands. The combination is intended to deepen Olsam’s off-Amazon marketplace capabilities (including Bol.com) and support omni-channel and geographic expansion across Europe and North America. In connection with the deal, the combined company will also receive an enlarged credit facility to fund future strategic acquisitions.

Monomoy Capital Partners signed a definitive agreement to acquire Waupaca Foundry, Inc., North America’s leading supplier of cast and machined iron castings. The seller is Proterial, Ltd.; financial terms were not disclosed and the deal is expected to close in early 2024 subject to customary conditions.

Novvia Group, a rigid container and life sciences packaging distributor backed by Kelso & Company, acquired JWJ Packaging LLC, a New Jersey-based supplier of drums, pails, and other rigid container and shipping products. Financial terms were not disclosed. Following the acquisition, JWJ will be combined with Novvia’s existing New Jersey subsidiary, Rahway Steel Drum.

Georgia Oak Partners acquired Septic Blue, Inc., a regional provider of residential septic tank services in Georgia and North Carolina. Source Capital, through Source Capital Credit Opportunities IV, LP, supported the transaction by providing debt financing and an equity co-investment.

mPulse announced the acquisitions of HealthTrio and Decision Point Healthcare Solutions to expand its capabilities in healthcare digital engagement, member experience, and analytics. Backed by its majority investor PSG alongside other existing shareholders and management, mPulse aims to create a full-service engagement, analytics, and activation platform for healthcare organizations.

Turning Rock Partners, a New York-based private investment firm, provided a growth investment to Best Friends Pet Care, an employee-owned provider of premium pet services. Best Friends Pet Care is headquartered in Norwalk, Connecticut and plans to use the funding to expand nationally and pursue its acquisition strategy, with existing shareholders also participating in the round.

Spring EQ, a national home equity lender, has completed its acquisition by an affiliate of Cerberus Capital Management, L.P. Following the transaction, Spring EQ will join Cerberus' Residential Opportunities platform and continue to be led by founder and CEO Jerry Schiano and the existing management team.

GT Golf Supplies, Inc., backed by Kinzie Capital Partners LP, acquired The ProActive Sports Group, a national provider of golf accessories and products. ProActive, headquartered in Canby, Oregon, will expand GT Golf’s golf accessories distribution footprint, adding an Oregon facility as a fourth distribution center and strengthening GT Golf’s nationwide wholesale and e-commerce capabilities.

IBM entered into a definitive agreement to acquire StreamSets and webMethods, Software AG’s Super iPaaS enterprise technology platforms, for €2.13 billion in cash. The deal is intended to enhance IBM’s watsonx data ingestion capabilities and strengthen its application modernization, integration, and API management offerings for hybrid multi-cloud environments. The transaction is expected to close in the second quarter of 2024, subject to customary conditions and regulatory approvals.

Thrive Foods announced on Dec. 5 that it has acquired Canature, a producer of freeze-dried pet food and treats. Canature, founded in 2010 and headquartered in Langley, British Columbia, will add technical freeze-drying and wet-processing capabilities and a facility near Vancouver to Thrive Foods. Thrive Foods is backed by private equity firms Entrepreneurial Equity Partners (e2p) and Mubadala Capital, making the deal an add-on acquisition.

V Sports S.C.S., the holding company that owns Aston Villa FC Limited and Aston Villa Women's Football Club Limited, has entered into an agreement for Atairos to invest as a minority partner. V Sports will continue to own 100% of Aston Villa FC and retain full control of all decisions post-closing, with Atairos' capital intended to fund growth and infrastructure investments. The transaction is subject to Premier League approval and customary regulatory conditions.

Plastifab Industries Inc., a portfolio company of Regimen Equity Partners, acquired MoldPro Inc., an injection molding business based in Swanzey, New Hampshire. The deal expands Plastifab’s United States footprint and strengthens its injection molding capabilities. Gary Barnard, MoldPro’s previous owner, was acknowledged as the seller.

Guidehouse announced the closing of its acquisition by Bain Capital Private Equity from Veritas Capital for $5.3 billion. The deal supports Guidehouse’s strategic growth plans, and the company will continue to operate under its current management team led by CEO Scott McIntyre.

Alera Group, an independent national insurance and financial services firm, announced the acquisition of Delaware-based CBM Insurance Agency. CBM, founded in 2008, provides commercial and personal insurance as well as individual life and health protection across Delaware, Maryland, Pennsylvania, and New Jersey. Financial terms of the transaction were not disclosed.

Thoma Bravo signed a definitive agreement to make a strategic growth investment in BlueMatrix, an end-to-end cloud-based content creation and distribution platform for investment research providers. BlueMatrix founder and CEO Patricia Horotan will continue to lead the company and retain a significant ownership stake. Financial terms were not disclosed, and debt financing for the transaction will be provided by Golub Capital.

ClimeCo acquired Ampliphi and its plastic action program, the Plastic Scorecard, to expand ClimeCo’s circular economy and sustainability advisory capabilities. The deal adds Ampliphi’s proprietary methodology and platform for analyzing plastic and circular performance, developing mitigation strategies, and streamlining reporting and communications.

Sterling Investment Partners announced it has closed the sale of its portfolio company, HeartLand, to Pritzker Private Capital. HeartLand, founded in 2016 and headquartered in Kansas City, is a U.S. commercial landscaping and property maintenance services provider operating through 60+ branches across 26 states.

RFE Investment Partners completed a recapitalization investment in BryteBridge Group, a provider of outsourced compliance, legal, and filing services to nonprofit organizations, with Knox Capital also investing. The investment supports BryteBridge’s plan to expand into a broader, technology-enabled legal and compliance services platform and pursue future acquisitions, while the company’s leadership team is augmented with a new CEO and CFO.

Cegeka Groep NV, through its wholly owned subsidiary Chicago Merger Sub, Inc., completed a tender offer to acquire Computer Task Group, Incorporated (CTG) for $10.50 per share in cash. Following the tender offer, Cegeka is merging Merger Sub into CTG, after which CTG will become a wholly owned subsidiary of Cegeka and CTG shares will be delisted from NASDAQ.

Rubelmann Capital acquired John A. Van Den Bosch Co., a pet food products distributor and manufacturer of Nature's Window wild bird seed. The company will continue operating under its existing name, with CEO Joel DeBruin remaining in place and David Blatte joining as chairman of the board.

W.W. Grainger, Inc. agreed to sell E&R Industrial Sales, Inc. to Paradigm Equity Partners, a Los Angeles-based private equity firm. E&R Industrial, which has been a Grainger subsidiary since 2013, will transition to new ownership as Grainger continues focusing on its core MRO distribution business. Financial terms of the agreement were not disclosed.

Funds managed by Harvest Partners completed the acquisition of Road Safety Services, Inc. from Parallel49 Equity. Road Safety Services, headquartered in Omaha, Nebraska, provides pavement marking and other road safety-related infrastructure services across 15 U.S. states. The company’s management team, led by CEO Mike Johnson, will continue to lead the business and remain significant owners; financial terms were not disclosed.

BP Energy Partners LLC acquired Odessa American Industrial Machine (AIM), a portfolio company of AAVIN Equity Advisors LLC. AIM is based in Odessa, Texas and provides mission-critical repair, maintenance, refurbishing, and fabrication services and parts for industrial engine and compressor equipment used in natural gas transportation.

Funds advised by Apax Partners LLP completed the acquisitions of OCS from Charme Capital Partners and Finwave from the Lutech Group. The transactions combine OCS and Finwave into a scaled European financial software platform, with the businesses continuing to operate under their existing brands.

Ncontracts, a Gryphon Investors portfolio company, has acquired Quantivate to expand its governance, risk, and compliance (GRC) solutions for banks and credit unions. The transaction strengthens Ncontracts’ SaaS/KaaS risk, compliance, and vendor management offerings for financial institutions; financial terms were not disclosed.

ISCO Industries agreed to acquire substantially all of the assets of Infinity Plastics, a manufacturer of fabricated HDPE piping products. The deal expands ISCO’s manufacturing footprint and production capacity, adding a strategic location in Mayville, Wisconsin to better serve customer demand across the U.S. and Canada.

HCAP Partners announced an investment in Simplified E-Solutions (SES), a zero-waste-to-landfill material processing and waste management company. Champlain Capital led the transaction, and financial terms were not disclosed. The investment is intended to accelerate SES’s growth and expand its services to new geographies and customers.

Evive Brands, LLC, a portfolio company of The Riverside Company, acquired The Brothers that just do Gutters ("Brothers Gutters"). The deal adds Brothers Gutters’ franchised residential and commercial gutter services business to Evive Brands’ community of franchise brands; financial terms were not disclosed.

Ambassador Supply has acquired Ideal Steel, a regional manufacturer of components and pre-engineered steel buildings. Ideal Steel is headquartered in Broussard, Louisiana and has over 20 years of experience serving industrial, commercial, agricultural, and residential markets. Financial terms of the deal were not disclosed.

HGGC-backed Grand Fitness Partners completed the acquisition of eight Planet Fitness franchise locations in California from PCV Holding Co. LLC. The acquired gyms are located across the Central Valley (including Fresno, Modesto and Stockton), expanding Grand Fitness’ California footprint. PCV’s owners rolled a portion of proceeds into Grand Fitness and retained a minority stake.

Platinum Equity announced the sale of Valpak, an omnichannel marketing and advertising solutions provider, to AmatoMartin, a privately held investment holding company. Valpak is headquartered in St. Petersburg, Florida and will join Clipper Magazine in AmatoMartin's portfolio.

Kelvin Group, in partnership with private equity firm Southfield Capital, announced the acquisition of Advanced Examination Services (AES-NDT), a provider of non-destructive testing (NDT) services. Headquartered in Torrance, California, AES-NDT will join Kelvin Group’s portfolio of industrial and mission-critical mechanical services brands.

Young Innovations announced the acquisition of Salvin Dental Specialties, a supplier of regenerative biomaterials, surgical instrumentation, and other products for implant dentistry. Salvin is headquartered in Charlotte, North Carolina, and will continue to be led day-to-day by its existing leadership team, while founder Bob Salvin will serve as an adviser post-transaction. Young Innovations is a portfolio company of private equity firm TJC, L.P.

Ceragon Networks Ltd. completed its previously announced acquisition of Siklu, a provider of multi-gigabit “wireless fiber” connectivity solutions. The combination is intended to expand Ceragon’s end-to-end 5G wireless transport offering, strengthening its presence with small service providers and private networks, particularly in North America. Ceragon expects the deal to add approximately $25–$29 million of revenue in 2024 and to be accretive to non-GAAP earnings by the second half of 2024.

Fengate Asset Management announced the financial close of its acquisition of a significant portfolio of wireless communications towers in the United States from TowerCom, LLC. The towers span 11 U.S. states and expand Fengate’s communications tower holdings to more than 200 towers across 15 states. TowerCom, which originally developed the towers, will continue to manage the newly acquired portfolio for Fengate.

Vestar Capital Partners has completed the sale of Edward Don & Company (DON), a distributor of foodservice equipment and supplies, to Sysco Corporation. Financial terms were not disclosed. DON will operate as a standalone specialty division within Sysco, with CEO Steve Don continuing to lead the business.

Hub International Limited acquired the assets of AFS 401(k) Retirement Services, LLC and AFS Financial Group, LLC. The Bethesda, Maryland-based firms provide retirement plan consulting and wealth management services, expanding Hub’s Retirement and Private Wealth practice; transaction terms were not disclosed.

O2 Investment Partners, through its portfolio company BerlinRosen Holdings (BerlinRosen), invested in and partnered with Message Lab, acquiring the content, data and analytics agency to expand BerlinRosen’s editorial and analytical capabilities. The deal is described as BerlinRosen’s sixth major investment in 18 months, and financial terms were not disclosed.

A fund managed by Ares Management's Infrastructure Opportunities strategy acquired Burnham RNG from Edge Natural Resources. The investment will support Burnham RNG’s development and construction pipeline of renewable natural gas assets across the United States, building on its anaerobic digestion and organic waste management platform.

First Acceptance Corporation sold its wholly owned subsidiary, Acceptance Insurance Agency of Tennessee, Inc. (AITN), to Alliant Insurance Services, Inc. for cash consideration of up to $120 million, with payments at closing and additional earn-out style payments through 2026. AITN operates retail insurance agency locations and sells non-standard automobile insurance and related products; following the sale, Confie (an Alliant portfolio company) and affiliates will operate as independent agents for First Acceptance Insurance Group products written through AITN.

TeleCloud acquired DiRAD's Nextphone customer base to expand its reach in cloud-based telecommunications services. The transaction strengthens TeleCloud’s market presence and extends its cloud-based phone services to DiRAD’s existing clients.

Gemspring Capital has completed the sale of its portfolio company Valant Medical Solutions, a SaaS-based EHR and practice management software provider for behavioral health, to an affiliate of Resurgens Technology Partners. The transaction terms were not disclosed. Valant, founded in 2005, is headquartered in Seattle, Washington.

Del-Air Plumbing, Air Conditioning and Electric announced its first acquisition, partnering with and acquiring Tampa-area HVAC provider Simpson Air. The deal expands Del-Air’s presence in the Tampa/St. Petersburg region and enables Simpson Air customers and builders to access Del-Air’s broader home services offering, including HVAC, ventilation/ductwork, and air purification/filtration.

Marex announced the completion of its acquisition of Cowen's prime brokerage and outsourced trading business, expanding Marex’s global capabilities and client base. The acquired business, including a team of around 160 employees across eight offices and related clearing counterparties and trading/reporting technologies, will sit within Marex Capital Markets and continue to be led by Jack Seibald and Mike Rosen.

HF Sinclair Corporation completed its acquisition of Holly Energy Partners, L.P., buying all outstanding common units not already owned by HF Sinclair and its subsidiaries. The consideration was 0.3150 shares of HF Sinclair common stock plus $4.00 in cash per HEP common unit, and the merger was effected via a subsidiary of HF Sinclair. Following closing, Holly Energy Partners will be delisted from the NYSE and will cease to be a publicly traded partnership.

Insight Enterprises announced it has completed the acquisition of SADA, a leading cloud business and technology consultancy and six-time Google Cloud Partner of the Year. The deal strengthens Insight’s multicloud capabilities—especially in Google Cloud—and is intended to accelerate growth in Insight’s cloud services and solutions across cloud, data, AI, cybersecurity, and edge offerings.

Mobile Communications America, Inc. (MCA) announced the acquisition of Communications Services, Inc. (CSI), a Motorola Service Shop founded in 1993 and based in Lawrenceburg, Tennessee. The deal expands MCA’s wireless communications and related services presence and strengthens its footprint in Tennessee.

Trinity Consultants announced the acquisition of WestLand Resources, an engineering and environmental consultancy headquartered in Tucson, Arizona. WestLand will operate as a business unit within Trinity’s Water & Ecology division, expanding Trinity’s capabilities in environmental planning, permitting, and related engineering and ecological services.

May River Capital has acquired RLE Technologies, a Fort Collins, Colorado-based provider of facility environment monitoring, fluid leak detection, and airflow management products. The transaction was described as a platform acquisition for May River focused on environmental monitoring within data center and critical facilities end markets, with debt financing provided by Tree Line Capital Partners.

SOCOTEC USA acquired SLS Consulting, LLC, a Miami-based consulting firm, and formed a new division called SOCOTEC Life Safety. The acquisition expands SOCOTEC’s capabilities in fire protection, life safety, and accessibility consulting across new and existing buildings. SLS Founder and CEO Michael Sheehan will join SOCOTEC as President of the newly formed division.

KB Components, a Swedish industrial group, acquired QT Industries, LLC (doing business as QT Manufacturing), a domestic contract manufacturer specializing in plastic injection molding and precision CNC machining. The deal expands KB Components’ presence in the Dallas/Fort Worth area and adds QT Industries to its global manufacturing portfolio.

Nevro Corp. acquired Vyrsa Technologies, a privately held medical technology company focused on minimally invasive sacroiliac (SI) joint fusion devices for chronic SI joint pain. The deal signed and closed on November 30, 2023, with $40 million paid at closing and up to an additional $35 million in cash or stock contingent on development and sales milestones.

Seven Hills Capital announced an additional investment (reinvestment) in its partner company, Reliable Medical, to support the company’s continued expansion into new and existing markets. Reliable Medical provides complex rehab and mobility solutions, including CRT, respiratory products, and durable medical equipment and supplies, serving pediatric and adult patients with complex medical conditions.

Pharmavite LLC acquired Bonafide Health for $425 million to expand and strengthen its women’s health nutraceutical portfolio alongside brands such as Uqora and Equelle. Bonafide Health will continue to operate from its headquarters in Harrison, New York, and additional commercial terms were not disclosed.

STAR Group acquired Exhibit Edge, an experiential marketing and trade show exhibits company. The deal expands STAR Group’s geographic footprint and enhances its capabilities across exhibit design, fabrication, and events services. Exhibit Edge will continue operating from its facilities in Chantilly, Virginia.

Arcfield has completed the acquisition of Orion Space Solutions, a Colorado-based developer of end-to-end space mission capabilities and solutions. The transaction expands Arcfield’s space exploration and hypersonic detection and tracking capabilities for U.S. Department of Defense and Intelligence Community customers by adding expertise in sensors/payloads, SmallSat and CubeSat integration and manufacturing, and mission operations and data analysis.

Thrive, a provider of cybersecurity and digital transformation managed services, announced the acquisition of 4IT, a South Florida-based managed service provider headquartered in Miami, Florida. The deal expands Thrive’s presence in Florida and strengthens its cybersecurity, cloud, and managed IT services offering for organizations across the South Florida market.

Accenture has acquired Ocelot Consulting, a St. Louis-based cloud consultancy focused on full-stack development, data engineering, and cloud modernization. The acquisition expands Accenture’s AWS engineering capabilities in the Midwest and supports its Cloud First practice in helping North American clients accelerate cloud and AI-driven transformation. Financial terms were not disclosed.

Hartzell Engine Tech has acquired Kelly Aero LLC, a manufacturer of aftermarket aircraft magnetos, replacement parts, and ignition harnesses for general aviation and military aircraft. The deal adds aircraft ignition product manufacturing capabilities to Hartzell Engine Tech’s existing portfolio of firewall-forward engine accessories, and the acquired products are expected to be rebranded as PowerUp Ignition Systems following evaluation and approvals.

Calibre Scientific acquired Scientific Support Services Ltd (SSS), a UK-based provider of scientific instruments, supplies, and related technical services. The deal expands Calibre Scientific’s product and service offering and strengthens its market position across the British Isles, adding new customer relationships in end markets including petrochemical, environmental, and food and flavors.

Compugen Inc. signed a definitive purchase agreement to acquire Québec-based IT solution provider CPU Service d'ordinateur inc. and its wholly owned subsidiary C.P.U. Design Inc. (collectively, CPU). The deal expands Compugen’s capabilities and go-to-market offerings across infrastructure, service desk, security, and cloud, and CPU will operate under the retained brand as “CPU, a Compugen Group of Companies.”

IP Pathways, a technology solutions provider headquartered in Des Moines, Iowa, announced the acquisition of Tenax Solutions, a security solutions provider. The deal expands IP Pathways’ security and compliance capabilities, including services such as vulnerability scanning, penetration testing, and compliance examinations, to better serve clients across the United States.

Milestone Partners acquired CDE Services, LLC, a provider of integrated payment processing solutions focused on EBT and credit/debit processing for merchants. The transaction was supported by a strategic capital investment from Tecum Capital, LO3 Capital, and Navigate Capital to help CDE expand market share and broaden product offerings in integrated payments.

Colibri Group, a professional education company backed by Gridiron Capital, has acquired TRC Healthcare. The acquisition expands Colibri’s healthcare education portfolio with TRC’s pharmacy-focused product suite and continuing education offerings serving clinicians, hospitals, and pharmacy networks.

ProMach announced it has acquired Sentry Equipment & Erectors Inc., a manufacturer of conveyor solutions and container handling machines. Sentry, founded in 1980 and headquartered in Forest, Virginia, will join ProMach’s Systems and Integration business line, expanding ProMach’s conveyor and end-of-line packaging equipment portfolio and strengthening its systems integration capabilities.

LDR Growth Partners acquired ATI Corporation, a family-owned manufacturer of compact equipment attachments and precision grading products. The transaction was facilitated by BMI Mergers & Acquisitions, which represented the seller in the sale process. ATI is headquartered in Lancaster County, Pennsylvania.

Alta Equipment Group acquired Ault Industries, a privately held Canadian equipment distributor operating in Ontario and Quebec. The $36.0 million deal includes cash at close, a seller note, and Alta common stock, and marks Alta’s first investment in Canada for its growing construction segment.

Aya Healthcare announced the acquisition of Winnow AI, a data science-driven platform that uses AI and business intelligence to help healthcare organizations recruit and retain physicians, including passive candidates likely to relocate. Winnow AI will operate within Aya’s Provider Solutions division and complements Aya’s DocCafe physician talent acquisition platform.

ARCHIMED acquired US-based Symbio and Germany-based Proinnovera in an all-equity deal and simultaneously merged the two contract research organizations into a new group, Symbio Proinnovera. The combined company will provide dermatology-focused consulting, testing, and clinical research services across the full development lifecycle and serve as a platform for further growth and acquisitions.

Fort Point Capital-backed EventLink acquired Clamor, an award-winning strategic marketing and experiential agency. The deal adds Clamor’s capabilities in mobile tours, brand activations, pop-ups, fabrication, and event execution, expanding EventLink’s experiential marketing platform.

BV Investment Partners announced an investment in CallTower, a cloud-based provider of enterprise communications, contact center, and collaboration solutions. CallTower is headquartered in South Jordan, Utah and delivers unified communications solutions across platforms such as Microsoft Teams, Zoom, and Cisco Webex. The transaction is expected to close in Q4 2023, with AB Private Credit Investors and Boundary Street Capital providing debt financing.

SonicWall announced it has acquired Solutions Granted, Inc. (SGI), a Managed Security Service Provider serving MSPs and MSSPs. The deal expands SonicWall’s managed security offerings to include U.S.-based SOC-as-a-Service, Managed Detection and Response (MDR), and related managed services tailored for channel partners.

Parkway Capital made an investment in Merrill Industries, LLC, providing subordinated debt and equity to support a recapitalization. The transaction was led by The Shoreham Group in partnership with Merrill’s senior management.

NV5 Global, Inc. acquired Technology Design Services, Inc. (TDSi), a Chicago-based technology infrastructure design and consulting firm. The deal strengthens NV5’s data center and technology infrastructure design capabilities across services such as data center, audiovisual, security, and telecommunications systems, and was funded with a combination of cash and stock.

Tradeweb Markets Inc. has entered into a definitive agreement to acquire r8fin, an algorithmic execution technology provider focused on U.S. Treasuries and interest rate futures. The deal is expected to close in the first quarter of 2024, subject to customary conditions and regulatory approvals, and is anticipated to be accretive to Tradeweb’s 2024 earnings per share.

Edelman Financial Engines (EFE) announced the acquisition of PRW Wealth Management, a registered investment advisor offering strategic planning, investment management, and wealth transfer services. PRW is headquartered in Quincy, Massachusetts and manages over $500 million in assets for roughly 200 clients. The deal represents EFE’s fifth acquisition in the past thirteen months as it continues expanding its wealth planning capabilities nationwide.

GigaCloud Technology Inc (Nasdaq: GCT) completed the acquisition of a 100% equity interest in Apexis, Inc. dba Wondersign for $10.0 million in cash (subject to customary adjustments). Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company headquartered in Tampa, Florida. GigaCloud plans to integrate Wondersign’s Catalog Kiosk into its GigaCloud Marketplace to expand reach into brick-and-mortar retail storefronts and enhance in-store transactions.

Nepsis, Inc., a national financial advisor and investment management firm, announced it has acquired full-service tax, accounting and consulting firm Sevenich, Butler, Gerlach & Brazil, Ltd. (SBGB). SBGB will be incorporated into the Nepsis brand to bolster Nepsis’ Family Office Framework and expand its tax solutions and wealth management capabilities.

ERIKS North America acquired the assets of Branham Corporation, a fabricator and distributor of industrial hoses, gaskets, conveyor belts and related services. Branham, founded in 1973 and headquartered in Louisville, Kentucky, operates multiple fabrication/distribution plants and sales locations across the U.S. Midwest and Gulf Coast regions. Following the transaction, Doug Branham will remain with the business as co-president.

Ancor Capital Partners’ portfolio company, PMA Industries, acquired United Western Enterprises, Inc., a contract manufacturer specializing in photochemical etching. United Western, headquartered in Camarillo, California, produces thin photochemically etched metal parts and also provides value-added services such as forming, laser welding, heat treating, and metal finishing. The combination expands PMA’s capabilities and scale in photochemical etching across end markets including aerospace, defense, electronics, and medical.

Prime Pensions, LLC, a portfolio company of Mill Point Capital LLC, has completed the acquisition of Pension Benefits Unlimited, Inc. (PBU). PBU is a California-based provider of retirement plan design, administration, and consulting/compliance services for small and medium-sized businesses, and will join Prime Pensions’ retirement services platform.

BAXUS, a marketplace for buying, selling, and trading rare wines and spirits, announced it has acquired BoozApp, a mobile app focused on liquor pricing transparency and collection tracking. The combination is intended to provide users with more comprehensive pricing data, improved confidence/security around collections, and broader reach among casual drinkers, collectors, and enthusiasts.

Core & Main Inc. entered into a definitive agreement to acquire substantially all of the assets of Lee Supply Company Inc., a specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and related services. Lee Supply operates four locations across Pennsylvania, South Carolina, and West Virginia, serving municipalities, contractors, and environmental/industrial customers primarily in the Eastern United States.

MercuryGate International, Inc. acquired International Trade Systems (ITS), a SaaS provider of cross-border customs clearance and global trade compliance software. The deal adds ITS’s global trade management capabilities and subject matter experts to MercuryGate’s Smart Transportation (TMS) platform to provide an integrated, end-to-end solution for customs and trade compliance. Financial terms were not disclosed.

Epicor acquired Elite EXTRA, a provider of cloud-based last mile delivery and logistics management solutions. The deal adds advanced last mile delivery, returns (reverse logistics), routing and dispatch capabilities to Epicor’s industry-specific ERP and productivity software portfolio; financial terms were not disclosed.

Granite Creek Capital Partners, L.L.C. announced the acquisition of NYP, LLC (d/b/a NYP Corp.), a value-added packaging manufacturer and distributor serving the wholesale nursery, agricultural, and industrial markets. NYP is headquartered in Elizabeth, New Jersey and has historically been operated by the LaBelle family. As part of the transaction, industry executive Robert Dahl was appointed CEO and Chairman of NYP.

Balance Point Capital Advisors, LLC, through its affiliated fund Balance Point Capital Partners IV, L.P., made a follow-on investment in CraneTech Inc., a portfolio company of Steel River LLC. The flexible financing supported CraneTech’s acquisition of Ameracrane and Hoist, expanding CraneTech’s overhead crane inspection, maintenance, and manufacturing services footprint into the Oklahoma market.

An entity affiliated with Centre Lane Partners completed the acquisition of the Appliances Division of Instant Brands (Instant Brands Appliances) following the business’s Chapter 11 filing earlier in 2023. The transaction is positioned as a recapitalization to strengthen the company’s platform in kitchen appliances and support future product innovation and growth.

Greater Sum Ventures (GSV) announced a majority investment in Utility Associates, Inc., a provider of digital evidence management and video/camera systems for law enforcement and first responders. Existing backer Hicks Holdings LLC will roll over and continue as a minority investor, alongside new minority investor PSG Equity. Proceeds will be used to fund innovation and accelerate Utility’s growth under current CEO Michael Nark.

Guardian Fleet Services acquired Euless B&B Wrecker Service as part of its expansion beyond Florida, marking Guardian’s entry into the Texas market. The deal adds a long-established towing and recovery provider in Euless, Texas to Guardian’s nationwide platform, with Andy and Debi Chesney expected to remain involved in leadership going forward.

Dave Cantin Group (DCG) received a significant minority investment from Kaltroco, a private investment company backed by the family of Steve Koltes. The investment is intended to support DCG’s next phase of growth, including geographic expansion and broader advisory offerings across adjacent automotive-related verticals. Financial terms were not disclosed.

RTC Partners announced it has closed strategic growth investments in four North America-based marketing and sales services firms: fama PR, Intelisent, MarketBridge, and Quarry. RTC is bringing the firms together to form an integrated, data-driven marketing services platform spanning go-to-market strategy and analytics, demand generation, public relations, and marketing effectiveness measurement. John Shomaker, an RTC Partners operating partner, has assumed the role of CEO of the new platform.

Jones Lake Management (Jones Fish Hatcheries & Distributors, LLC) completed the acquisition of Ponds Rx, a provider of pond and lake management services across Indiana. The deal expands Jones Lake Management’s presence in the greater Indianapolis market and adds to its strategy of partnering with regional water services companies. Fort Point Capital, the private equity firm behind Jones Lake Management, highlighted the acquisition as strengthening the platform’s Midwest leadership position.

160 Driving Academy acquired the National Tractor Trailer School (NTTS) locations in Buffalo and Liverpool, New York. The NTTS schools were previously owned by Swift Transportation and had stopped accepting new students in April 2023, but will reopen and enroll students under 160 Driving Academy. The deal expands 160 Driving Academy’s footprint in upstate New York alongside its earlier acquisition of Professional Driving Institute in Rochester.

Find.co announced it has acquired 100% of Salon.com, a long-running digital media outlet founded in 1995. Salon will continue operating as a standalone U.S.-based brand within Find.co’s media portfolio, with existing editorial staff remaining in place and former co-owner Drew Schoentrup staying on as CEO for six months while Chris Richmond serves as an advisor for a year.

Getir has acquired online grocer FreshDirect from Ahold Delhaize as part of its strategy to expand in the United States, with the deal expected to close by the end of November. Following closing, FreshDirect will retain its brand and continue operating from its New York City facility while leveraging Getir’s technology and operational footprint.

Pediatric Home Service (PHS), a pediatric home care provider and portfolio company of InTandem Capital Partners, announced the acquisitions of Apple Home Medical Supply (Apple HMS) and All About Pediatrics. The deals expand PHS’s footprint and pediatric respiratory/clinical support capabilities in Texas (Dallas-based Apple HMS) and enter the Florida market (Jacksonville-based All About Pediatrics).

GFL Environmental Inc. acquired Fielding Environmental, a fully integrated environmental solutions provider offering liquid waste and gas processing, recycling, and disposal capabilities. Fielding is headquartered in Mississauga, Ontario, and the deal is expected to enhance GFL’s environmental services network through complementary specialized processing capabilities and a hazardous-waste permit; terms were not disclosed.