Willdan Group Completes Acquisition of Compass Municipal Advisors

Compass Group Equity Partners Acquires Wilnat, Inc. (d/b/a KGM)

February 1, 2022

Industrial Services

St. Louis-based private equity firm Compass Group Equity Partners acquired Wilnat, Inc., which does business as KGM, a Tulsa-based distributor and servicer of meters, regulators, valves, and other flow-control equipment serving utilities and municipalities. The transaction closed December 29, 2021; Compass intends to accelerate KGM's growth through geographic expansion, new product sets, and an expanded services/refurbishment offering. Tim and Nancy Wood were the selling owners.

Compass Group Equity Partners Acquires KGM (Wilnat, Inc.) with $55M Credit Facility from Comvest

February 15, 2022

Industrial Services

Compass Group Equity Partners has acquired Wilnat, Inc. (d/b/a KGM), a Tulsa-based distributor and servicer of measurement and regulation equipment for the natural gas utility industry. Comvest Credit Partners acted as administrative agent to provide a $55 million senior secured credit facility to support the acquisition and KGM's growth.

Bluewave Technology Group Acquires Compass Solutions

December 20, 2022

IT Services

Bluewave Technology Group, a Parsippany, New Jersey-based technology advisory and lifecycle management firm, has acquired Compass Solutions, an IT and telecom advisory agency headquartered in Cuyahoga Falls, Ohio. The acquisition expands Bluewave's technology advisory and multi-location retail capabilities and brings the Compass team and founder Marty Lyman into Bluewave as an Ambassador and equity partner.

CompassMSP Acquires MRW Systems Inc.

November 15, 2021

IT Services

CompassMSP has acquired the assets of MRW Systems Inc., a Westminster, Maryland-based managed IT services firm. The team and location will be retained and MRW Systems will operate as MRW Systems: A CompassMSP Company, enhancing CompassMSP's coverage in the New York City–Washington, D.C. corridor.

Hub International Acquires Assets of Compass Insurance Services (WI)

July 7, 2022

Financial Services

Hub International Limited acquired the assets of Compass Insurance Services, Inc., a Kronenwetter, Wisconsin–based independent insurance agency. The acquisition expands Hub’s commercial and personal insurance capabilities in the Midwest and brings the Compass team, led by President John Guerndt, into Hub Midwest West.

The Hilb Group Acquires Compass Planners

February 1, 2021

Insurance

The Hilb Group, LLC (THG) acquired Rhode Island-based Compass Planners effective February 1, 2021. Compass Planners is a specialized Medicare Advantage brokerage led by Jim Soucy, who — with three colleagues — joined THG to lead and expand its Medicare retail and wholesale practice. THG, a Richmond-based insurance brokerage and portfolio company of The Carlyle Group, said the acquisition will grow its National Benefits Practice and support expansion of its Medicare offerings.