Paeonia Industries Acquires the Savant Group

Savant Wealth Management Acquires PrairieView Partners

August 31, 2025

Wealth Management

Savant Wealth Management has acquired PrairieView Partners, a St. Paul, Minnesota-based registered investment adviser managing more than $1.2 billion in AUM. The deal, which closed August 31, 2025, brings PrairieView's leadership into Savant as member-owners and transitions 15 of PrairieView's 19 employees into Savant's wealth management division (four to Savant Tax & Consulting); financial terms were not disclosed.

Praesidian Capital Acquires Leading Testing Business

August 26, 2021

Industrial Services

Praesidian Capital, a New York–based private equity firm, acquired a controlling interest in a leading materials/testing services business that serves energy, aerospace & defense, laboratory, steel & pipe and other industrial markets. Praesidian said it will partner with management to scale the business organically and through strategic acquisitions to expand capabilities and market share.

PAI Partners Acquires Savory Solutions Group from IFF

December 20, 2022

Food & Beverage

PAI Partners has agreed to acquire Savory Solutions Group from International Flavors & Fragrances (IFF). Savory Solutions Group is a global provider of savoury ingredients and blends (notably the Wiberg and Piasa brands), operating 17 manufacturing facilities and nine innovation sites with over 1,800 employees and ~€470 million turnover; PAI plans to accelerate international expansion in Europe and North America and pursue growth in plant‑based and clean‑label segments.

Symphony IndustrialAI Acquires Savigent

March 9, 2021

Software

Symphony IndustrialAI, a SymphonyAI company, acquired Savigent, an IIoT and digital workflow orchestration leader, to expand its industrial AI capabilities for manufacturing and supply chain optimization. The deal will integrate Savigent's low-code connected-factory platform with Symphony IndustrialAI's EurekaAI solutions to deliver improved process efficiency, quality, and energy consumption for process and discrete manufacturers.

SavATree Acquires West Michigan Tree Services

November 7, 2022

Environmental Services

SavATree has merged with West Michigan Tree Services (part of Grand Arbor Group), expanding its branch footprint in Michigan. Owners Dan Klaver and Larry Pfeifer will remain with the business as SavATree integrates the company's residential and commercial tree and shrub care operations.

Savant Wealth Management Acquires Domani Wealth

May 10, 2023

Financial Services

Savant Wealth Management has acquired Domani Wealth, a Lancaster, Pennsylvania-based RIA with $1.53 billion in AUM and 23 employees. The deal expands Savant's footprint in the Mid-Atlantic to 32 offices across 11 states and raises its combined AUM to $19.5 billion.