Turtle Mountain Seed Co. Acquires Baden Feed & Supply

Advantage Distribution Holdings Acquires Badger Metals

October 12, 2026

HVAC & Mechanical

Advantage Distribution Holdings (ADH) acquired Badger Metals, a family-led HVAC equipment and supplies distributor serving Wisconsin contractors. The acquisition expands ADH’s footprint to 17 locations across seven states; Badger’s local leadership and brand will remain, and Joe and Josh Welch will become ADH shareholders.

Orenda Commodity Services Acquires Scoular's Sunflower & Wild Bird Food Business

January 19, 2026

Agriculture

Orenda Commodity Services Ltd. purchased Scoular’s sunflower and wild bird food blending business, including the processing facility in Winkler, Manitoba; the sale closed Jan. 19, 2026 and terms were not disclosed. The acquisition expands Orenda’s processing and packaging capacity for both retail wild bird food and human-consumption sunflower seed markets while Scoular divests the unit to focus on its core grain origination and processing operations.

M2 Advisors Acquires Mule City Specialty Feeds, Inc.

April 3, 2025

Agriculture

M2 Advisors, a New York–based holding company owned by entrepreneur Matt Matros, acquired Mule City Specialty Feeds, Inc., a Benson, North Carolina animal feed manufacturer. The transaction closed April 3, 2025 and was advised by Generational Group; the acquisition represents an ownership transition likely tied to founder/owner succession and continued operation of Mule City's custom feed and Non‑GMO product offerings.

Coalition of Families Acquires Mann Lake Bee & Ag Supply

March 21, 2025

Agriculture

Mann Lake Bee & Ag Supply (Mann Lake Ltd.), the world’s largest manufacturer and distributor of beekeeping supplies, was acquired on March 21, 2025 by a coalition of family investors including owners of a sustainable farming business, an olive farmer, and beekeepers. The transaction returns the company to family ownership, leaves Mann Lake debt-free, and provides capital to support long-term growth and product development for beekeepers and backyard poultry customers.

Bird Construction Acquires NorCan Electric Inc.

January 18, 2024

Industrial Services

Bird Construction Inc. (TSX: BDT) has acquired the assets of NorCan Electric Inc. for $11 million, in a tuck-in to its Stuart Olson industrial services subsidiary. The deal expands Bird's electrical and instrumentation capabilities, adds up to 450 electricians serving the Regional Municipality of Wood Buffalo (Alberta), and supports recurring MSA revenue streams; the purchase was financed ~85% with debt and the balance with Bird treasury shares.

Houchens Industries Acquires Feeders Supply, LLC from PNC Riverarch Capital

March 31, 2023

Retail

Houchens Industries, Inc. has acquired Feeders Supply, LLC (Feeders Pet Supply) from PNC Riverarch Capital; terms were not disclosed. Feeders is an omnichannel pet specialty retailer headquartered in Louisville, Kentucky with 53 retail locations and a growing e-commerce platform.