The Cynosure Group and Clyde Capital Group Acquire Utah Development and Construction to Create Development JV
February 27, 2026
The Cynosure Group acquired Park City-based Utah Development and Construction and reorganized it into a newly established development platform jointly owned with Clyde Capital Group, a subsidiary of Clyde Companies. The joint venture, operated by Cynosure Elevations and Clyde Capital Group, will focus on hospitality and mixed-use resort projects across the Intermountain West to scale development efforts in high-growth resort markets.
- Buyers
- The Cynosure Group, Clyde Capital Group
- Targets
- Utah Development and Construction
- Platforms
- Cynosure Elevations
- Industry
- Real Estate
- Location
- Utah, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
The Cynosure Group Makes Growth Investment in Fresh Consulting
December 30, 2021
IT Services
Seattle-area technology consulting firm Fresh Consulting received a strategic growth investment from The Cynosure Group. The minority capital injection will support Fresh's capability expansion (including internal development and M&A) while the company's founders and management remain majority owners.
-
Hahn & Company Acquires Cynosure and Merges It with Lutronic to Form Cynosure Lutronic
January 19, 2024
Medical Devices
Hahn & Company completed the acquisition of Cynosure and has combined it with Lutronic (which Hahn had recently acquired) under the newly formed parent Cynosure Lutronic, Inc. The merger creates a global leader in energy‑based medical aesthetic systems with an expanded product portfolio, R&D capabilities and a broader international commercial footprint.
-
Rock Hill Capital & Cynosure Group Invest in Service Truck Depot
March 5, 2024
Manufacturing
Service Truck Depot, a Fairfield, Texas maker of custom-built service and mechanics trucks, received a transformative investment from Houston-based Rock Hill Capital and Salt Lake City-based The Cynosure Group. The transaction facilitates the buyout of previous partner Foundation Automotive and provides growth capital to expand product offerings, accelerate growth and reach new end markets.
-
The Cynosure Group Invests $35M in Dirty Dog's Car Wash
February 8, 2022
Automotive
Salt Lake City-based private investment firm The Cynosure Group made a $35 million growth equity investment in Dirty Dog's Car Wash to fund rapid expansion. The capital will support the Georgia- and Alabama-focused operator's plan to open an additional 25 locations nationwide over the next 36 months.
-
Sunpro Corporation Acquires Building Services Group
January 7, 2025
Construction
Sunpro Corporation, a subsidiary of Clyde Companies, Inc., has acquired Building Services Group and its six member insulation companies to expand Sunpro’s insulation operations across Utah and into Colorado. The acquired firms will operate under the Sunpro name, broadening Sunpro’s residential and commercial insulation capabilities and geographic footprint.
-
Cushing Terrell Acquires Eclipse Engineering
July 1, 2024
Engineering Services
Multidisciplinary design firm Cushing Terrell has acquired structural engineering firm Eclipse Engineering, bringing Eclipse's regional offices and specialty structural capabilities into Cushing Terrell's platform. Eclipse's leadership will join Cushing Terrell's structural engineering practice to expand capabilities in mass timber, tilt‑up concrete, seismic retrofits, and other specialty services.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.