Milk & Honey Acquires VMG Sports

Virgin Music Group Acquires Downtown Music Holdings

February 23, 2026

Media & Entertainment

Virgin Music Group (VMG) has completed its acquisition of Downtown Music Holdings, combining two major platforms that serve independent artists, labels and rights holders. The deal brings Downtown's distribution, publishing and artist/label services into VMG's global platform and names Pieter van Rijn as VMG Chief Operating Officer to lead integration and technology initiatives.

Northlane Capital Partners Invests in VMG Health

March 25, 2020

Healthcare Services

Northlane Capital Partners has completed a recapitalization investment in VMG Health, acquiring Quad‑C Management’s stake while VMG’s management and key employees retain significant ownership and continue to run the business. VMG Health is a healthcare-focused valuation and advisory firm with offices in Dallas, Denver and Nashville and more than 150 professionals, and the transaction positions the company for continued organic growth and selective add-on expansion.

Incline Equity Partners Acquires VMG Health from Northlane Capital Partners

April 18, 2024

Healthcare Services

Incline Equity Partners has acquired a majority equity interest in VMG Health from Northlane Capital Partners, with VMG management and an extensive employee shareholder group retaining a significant ownership stake. VMG Health, a Dallas-based healthcare valuation, compliance and advisory firm, will partner with Incline to expand service lines and software products organically and through accelerated M&A.

VMG Health Acquires Carnahan Group

October 9, 2024

Healthcare Services

VMG Health, a healthcare consulting firm and portfolio company of Incline Equity Partners, has acquired Tampa-based Carnahan Group. Carnahan Group's algorithm-driven FMV-MD platform and NeedsMD specialty needs technology will be integrated into VMG Health's Physician Compensation and Strategic Consulting divisions to expand the firm's tech-enabled solutions for hospitals, medical groups, and surgical facilities.

VMG Health Acquires Health Care Futures

February 3, 2021

Healthcare Services

VMG Health has acquired Health Care Futures, a healthcare strategy and consulting firm with offices in the Chicago and Minneapolis areas. The Health Care Futures team will be integrated into VMG Health's Strategic Advisory Services division; VMG Health is majority employee-owned and backed by private equity firm Northlane Capital Partners.

Modigent Acquires VMG Mechanical

July 15, 2025

HVAC & Mechanical

Modigent has acquired VMG Mechanical, an Orlando-based commercial HVAC and plumbing contractor, adding the firm to Modigent's national platform. The deal gives VMG access to capital, vendor relationships, and back-office support while Modigent expands its footprint and service capabilities across Central Florida.