The Cynosure Group Acquires Utah Development and Construction to Form Joint Venture Platform With Clyde Capital Group
February 27, 2026
The Cynosure Group acquired Park City-based Utah Development and Construction (UDC) to create a new development platform jointly owned by Clyde Capital Group and Cynosure Elevations, Cynosure’s real estate investment division. The joint venture will focus on developing hospitality and mixed-use projects in premier resort markets across the Intermountain West.
- Buyers
- The Cynosure Group, Clyde Capital Group (a subsidiary of Clyde Companies)
- Targets
- Utah Development and Construction (UDC)
- Platforms
- Utah Development and Construction (UDC)
- 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.
-
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.
-
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.
-
Crown Capital Investments Acquires Pacific Yurts, Inc.
November 28, 2022
Manufacturing
Atlanta-based private equity firm Crown Capital Investments has acquired Pacific Yurts, Inc., the original designer and manufacturer of the modern yurt. The acquisition adds the Cottage Grove, Oregon-based yurt maker to Crown Capital's portfolio and aims to support Pacific Yurts' growth, product innovation, and mission of providing quality, affordable, environmentally friendly shelters. Crown said the partnership will enable the company to enhance opportunities for employees and expand its market presence.
-
Carousel Capital Forms Roofing Platform with covR and United Contracting & Roofing Acquisitions
October 14, 2025
Construction
Carousel Capital has formed a new residential and commercial roofing platform and acquired covR (Denver, CO) and United Contracting and Roofing (Clarkesville, GA). The combined business will maintain co‑headquarters in Denver and Clarkesville, integrate covR's insurance‑centric restoration capabilities with United's retail and commercial operations, and will be funded by Carousel's sixth fund alongside rollover equity from the founders.
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.