Acquisitions in Alabama, United States

Simplicity Group, a holistic financial planning firm, announced the acquisition of LeSourd Partners, a Birmingham, Alabama-based brokerage general agency. The deal expands Simplicity’s national footprint and strengthens its life insurance and advisor support capabilities, while adding LeSourd executives Jake LeSourd, Diane Covin, and Kim Roberts as new Partners within Simplicity.

CyberlinkASP (Cyberlink) announced it has acquired Fresh Managed IT (Fresh IT), a provider of outsourced managed IT services for small and mid-size businesses. Headquartered in Birmingham, Alabama, Fresh IT supports customers with network/device management, cloud hosting, cybersecurity, and VoIP, expanding Cyberlink’s MSP footprint and regional coverage in the Southeast. Seaport Capital, Cyberlink’s investor, noted this is Cyberlink’s third acquisition as it broadens its service offering and end markets.

Boyd Group Services Inc. (parent of Gerber Collision & Glass) completed its approximately US$1.3 billion acquisition of Joe Hudson's Collision Center on January 9, 2026, following regulatory clearance. The transaction adds 258 collision repair locations across the U.S. Southeast (18 states), increasing Boyd’s North American footprint by about 25% to 1,301 locations, with expected cost synergies and improved regional density.

NexTech Solutions (NTS) acquired Vidterra, a developer of edge-deployed video distribution software for defense, intelligence, and homeland security use cases. The deal expands NTS’s edge software and digital intelligence, surveillance, and reconnaissance (ISR) capabilities by improving how video and sensor data are processed, fused, and delivered in disconnected and low-SWaP environments.

Funds affiliated with Blackstone Energy Transition Partners and other Blackstone funds acquired Alliance Technical Group (ATG), a provider of environmental testing, monitoring, and compliance services. Headquartered in Decatur, Alabama, ATG supports energy and industrial customers with offerings including source and laboratory testing, continuous emissions monitoring systems (CEMS), and leak detection and repair. Financial terms were not disclosed.

Confluence Healthcare Partners acquired Valley E.N.T. Associates P.C. and Masdon ENT & Facial Plastic Surgery, two otorhinolaryngology (ENT) physician practices in northern Alabama. Dresner Partners advised the sellers, and financial terms of the transaction were not disclosed.

Weinberg Capital Group (WCG) acquired Pinson Valley Heat Treating Company, Inc. (PVHT), a specialty metal heat-treating services provider serving aerospace and defense, automotive, and industrial end markets. The transaction closed on December 5, 2025, and management (including Don Hendry and Benny Grissom) will continue in their roles and retain an investment in the company.

Bristol Hospice acquired Alabama-based DaySpring Hospice, including its offices in Enterprise, Dothan and Andalusia, expanding Bristol’s footprint in the state. The deal terms were not disclosed. DaySpring founder Donna Hendrix highlighted the transition as a way to expand reach and elevate care across southeastern Alabama, while Bristol CEO Alex Mauricio emphasized supporting clinical care teams and sustaining community-based hospice services.

Royal Cup Coffee & Tea announced a growth investment from Braemont Capital to support accelerated innovation, expansion, and service capabilities. Royal Cup’s leadership team will continue to run the business, while the new capital is intended to expand roasting and distribution capacity and deepen partnerships across hospitality, foodservice, healthcare, and convenience channels.

Guild Garage Group, an alliance of residential garage door service companies, announced the completion of its partnership with Red Mountain Garage Doors. Red Mountain Garage Doors is a family-owned residential garage door repair, replacement, and installation provider headquartered in Montgomery, Alabama. This transaction marks Guild’s 24th acquisition since launching in 2024.

Dream Motor Group, led by Nick Saban and automotive executive Joe Agresti, acquired Toyota of Montgomery and Lexus of Montgomery in Montgomery, Alabama for $151 million. The dealerships were sold by Sutherlin Automotive Group, led by CEO Brett Sutherlin, with Pinnacle Mergers & Acquisitions advising on the transaction.

Lincoln Property Company acquired Capstone Development Partners, inclusive of Capstone Management Partners, a student housing and university facilities development and management company. Capstone will continue operating under its brand (“Capstone Development Partners, powered by Lincoln”) as it joins Lincoln’s platform to expand capabilities in higher-education infrastructure, including on-campus and university-affiliated housing and related real estate solutions.

Propy, an AI-powered title and escrow platform, announced its first acquisition under a $100 million AI-led roll-up strategy: Alabama-based Delta South Title Inc. The deal expands Propy into Alabama (Mobile County) and is intended to modernize and automate title and escrow workflows using Propy’s AI and smart-contract infrastructure.

TWFG, a national independent insurance distribution platform headquartered in The Woodlands, Texas, has acquired Alabama Insurance Agency, Inc. and its network of 20 affiliated office locations across Alabama. The deal expands TWFG’s presence in the Southeastern United States and is intended to enhance Alabama Insurance Agency’s access to broader carrier relationships, products, and technology resources.

Carr, Riggs & Ingram (CRI) announced that Abroms & Associates has joined the firm, expanding CRI’s presence in northern Alabama and continuing its growth across the Southeast. Abroms & Associates will continue operating from its Florence office under the CRI name.

Daxko, a software and integrated payments provider for the health and wellness industry, acquired Exercise.com, a fitness management platform used by studios, coaches, and personal trainers worldwide. The deal expands Daxko’s boutique fitness technology offering and aims to unify coaching, operations, and payments into a single data-driven ecosystem while allowing Exercise.com to continue operating its platform with added resources to accelerate innovation and scale. Vista Point Advisors served as exclusive financial advisor to Exercise.com.

FFL Partners completed a strategic investment in Janus RX, a behavioral pharmacy headquartered in Montgomery, Alabama. The funding will support Janus RX’s continued expansion into new markets and strengthen its ability to meet growing demand for specialized pharmacy services for patients with serious mental illness. Financial terms were not disclosed.

Landscape Workshop acquired LIG Services, LLC to expand its commercial landscape maintenance footprint across the Gulf Coast, including Lower Alabama and the Florida Panhandle. LIG owners Mike Sharp and Judson “Bragg” Jordan will join Landscape Workshop in senior leadership roles, and all LIG employees will integrate into the company. Landscape Workshop is backed by Ares Management Corporation.

Red Arts Capital acquired Forestwood Farm, a family-owned produce distributor headquartered in Birmingham, Alabama, to expand its produce distribution footprint across the Southeastern United States. Forestwood will join Red Arts’ produce processing and logistics portfolio alongside Freshway Foods, creating a broader regional platform across the fresh food supply chain.

Avenues Home Care announced it has acquired Alabama home care provider As Close As Family (ACAF), expanding Avenues’ footprint into Alabama and strengthening its presence in the Southeast. ACAF is headquartered in Rainsville and operates multiple locations across Alabama; local leadership and caregivers are expected to remain in place to ensure continuity of care.

IMA Financial Group, Inc. announced a strategic partnership with Valent Group, an Alabama-based insurance brokerage and subsidiary of EBSCO Industries, effective October 1, 2025. Valent Group will retain its local identity, leadership, and four Alabama offices while its employees join IMA, expanding IMA’s Southeast footprint and capabilities in property & casualty and employee benefits.

meQuilibrium (meQ) completed a majority recapitalization featuring a significant growth investment from Bow River Capital’s Software Growth Equity Team. Simultaneously, meQuilibrium completed a strategic merger with Bow River Capital portfolio company RippleWorx to create a combined human capital management platform focused on workforce mental health, performance, and talent development solutions.

Smith + Howard, an accounting and advisory firm, has acquired Horton, Lee, Burnett, Peacock, Cleveland & Grainger (known as Horton, Lee & Burnett), an accounting and consulting firm based in Birmingham, Alabama. The deal marks Smith + Howard’s entry into Alabama and expands its presence across the Southeastern United States; Horton, Lee & Burnett will transition to the Smith + Howard brand. Financial terms were not disclosed.

Summit 7 acquired GRC Academy, a training platform founded by cybersecurity professional Jacob Hill, to expand its education and enablement offering for Defense Industrial Base (DIB) organizations. The acquisition strengthens Summit 7’s capabilities around CMMC and related federal compliance training (including NIST 800-171) for defense contractors.

Holley Steel, Inc., a family-owned steel fabrication and erection company, was sold to an individual investor in a transaction that closed on July 1, 2025. Holley Steel is based in Elmore, Alabama and provides structural and miscellaneous steel estimating, detailing, fabrication, and erection services for commercial and industrial clients across the Southeast and beyond.

Carousel Capital partnered with founders David and Steve Upton to recapitalize CraneWorks / RentalWorks, with the Upton brothers remaining significant continuing owners. CraneWorks is an operated crane services and equipment rental provider headquartered in Birmingham, Alabama, and the transaction was funded with equity from Carousel’s sixth fund alongside senior debt financing.

Fruition Partners, a Denver-based private equity firm, acquired The Memory Company (TMC), a founder-owned developer, producer, and licensee of sports and consumer-branded merchandise focused on drinkware and home décor. The business was acquired from founder Charles Sizemore, who will remain involved and continue as a significant investor in the company. KeyBank N.A. provided senior secured credit facilities as the sole lender to finance the transaction and support working capital and transaction costs.

Perimeter Solutions Group, LLC (PSG), a Bertram Capital portfolio company, announced a partnership with (and acquisition of) Tusco to expand PSG’s nationwide high-security perimeter solutions capabilities. Tusco will operate as PSG’s High Security Division, with its existing leadership team continuing to run the business. Financial terms were not disclosed.

Clearway Pain Solutions acquired West Alabama Spine and Pain Specialists, an interventional pain management practice based in Tuscaloosa, Alabama. The practice will begin operating under Clearway’s “The Center for Pain” brand, expanding Clearway’s footprint in Alabama and the broader Southeast while maintaining the existing clinical team for continuity of care.

Frazier & Deeter (FD) acquired Anglin Reichmann Armstrong, P.C., an accounting and advisory firm with offices in Huntsville, Alabama and in Pensacola and Winter Haven, Florida. The deal expands FD’s footprint across the Southeastern United States and adds specialized capabilities in government contracting (GovCon), construction, CAAS, and HR consulting services.

DuraServ announced the acquisition of Overhead Door & Fireplace (OHDFP) of Montgomery, expanding DuraServ’s commercial overhead door, residential garage door, loading dock, and newly added fireplace service capabilities in Central Alabama. The deal broadens DuraServ’s geographic reach in the Mid-South and integrates OHDFP’s long-standing local presence in the Millbrook/Montgomery area.

Maxor National Pharmacy Services (Maxor) completed a strategic combination with ProxsysRx in January, creating a more fully integrated pharmacy solutions provider for hospitals, health systems, health centers, and employers. Following the combination, the business rebranded as VytlOne and appointed healthcare veteran Kim Tzoumakas as Chief Executive Officer.

RB Global, Inc., through its wholly owned subsidiary Ritchie Bros. Auctioneers (America), Inc., completed the acquisition of J.M. Wood Auction Co., Inc. The deal expands Ritchie Bros.’ regional presence and service offerings in Alabama and adjacent states while keeping J.M. Wood’s Montgomery headquarters, in-person auction format, and leadership team.

InDebted, a global fintech focused on technology-enabled debt collection, acquired U.S.-based collections agency AmSher. AmSher, headquartered in Hoover, Alabama, adds telecommunications and cable collections expertise and client relationships, supporting InDebted’s expansion and servicing capabilities in North America. AmSher’s team, including President Seth DeForest, will be integrated into InDebted under a phased integration approach.

The Sterling Group completed the sale of PowerGrid Services, a national provider of electric utility maintenance and construction services, to Apollo. Existing investors including The Sterling Group and PowerGrid management will partner with Apollo to support the company’s continued growth.

McMillan Pazdan Smith acquired Fuqua & Partners Architects (FPA), an architecture, interiors, and planning firm based in Huntsville, Alabama. The deal expands McMillan Pazdan Smith’s footprint in Alabama and southern Tennessee and adds a 10th studio office, with FPA’s leadership and approximately 30 team members integrating into McMillan Pazdan Smith while continuing to serve local clients from Huntsville.

Premier, Inc. acquired IllumiCare, a healthcare technology firm providing an EMR-agnostic clinical decision support platform that combines clinical and financial data to enable real-time cost attribution at the point of care. The deal expands Premier’s clinical decision support capabilities and the acquired solution will be marketed under Premier’s Stanson Health brand. Financial terms were not disclosed.

Command Alkon acquired Digital Fleet, adding Digital Fleet’s fleet and driver management product suite and team to its technology offerings for heavy building materials producers. The deal, which brings Digital Fleet (previously owned by Ozinga Ventures) into Command Alkon’s Command Cloud ecosystem alongside its TrackIt solution, is intended to enhance visibility, logistics efficiency, and automation for construction materials operations.

Alliance Technical Group (ATG), a provider of environmental testing, monitoring, and compliance services, acquired Environmental 360, LLC, an environmental consulting and monitoring firm serving industrial clients. The deal expands ATG’s environmental compliance capabilities, including LDAR, SPCC, and continuous emissions monitoring systems (CEMS/COMS), strengthening onsite field services and regulatory support for clients across the United States.

Classic Collision, LLC, a multi-site collision repair operator headquartered in Atlanta, Georgia, announced the acquisition of Advanced Collision of Semmes, Inc. in Semmes, Alabama. Advanced Collision of Semmes is a locally owned auto body repair shop providing collision repair services.

NexTech Solutions (NTS), a provider of mission-focused technology solutions for U.S. defense and government agencies, acquired Trailblazer Innovations, a Blue Force Tracking (BFT) and Tagging, Tracking, and Locating (TTL) integrated-systems company. Trailblazer’s technologies will be integrated into NTS’s Technology, Software and Solutions (TSS) business unit to expand situational awareness capabilities and accelerate growth across Department of Defense, Department of State, and Department of Homeland Security customers.

Summit Financial announced an investment in Parsons Broach Financial Services, a Montgomery, Alabama-based wealth advisory firm managing more than $250 million in assets. The investment was made through Summit Growth Partners as Parsons Broach breaks away from Raymond James to join the Summit platform and accelerate growth while maintaining its client-first culture.

Shermco Industries acquired R3L Engineering to expand its power systems engineering capabilities and strengthen its presence in the Birmingham, Alabama area. The deal is intended to grow Shermco’s Southeastern footprint, add technical workforce capacity, and enhance service capabilities for industrial customers across Alabama and the broader Southeast. Financial terms were not disclosed.

An Ares Private Equity fund acquired a majority stake in Landscape Workshop, a commercial landscaping and grounds maintenance provider operating across the Southeastern United States. Existing investor Carousel Capital realized a majority exit after investing in 2020 and will retain a significant ongoing minority stake. Financial terms were not disclosed.

Catalyst Acoustics Group (a portfolio company of KPS Capital Partners) completed the acquisition of Curb Technologies, LLC (Curb Tech), a manufacturer of custom roof curbs for commercial HVAC systems. The deal expands Catalyst’s HVAC vibration isolation and rooftop support solutions portfolio and provides Curb Tech additional scale and resources to support growth. Financial terms were not disclosed.

Joe Hudson's Collision Center (JHCC) acquired Mike Smith's Automotive Collision Center, an auto body repair shop in Dothan, Alabama. The deal makes the acquired shop JHCC’s 43rd location in Alabama and its second location in the Dothan market, expanding JHCC’s collision repair footprint in the Southeast.

Lathan Associates Architects P.C., backed by Hidden Harbor Capital Partners, invested in McKee & Associates Architects, LLC and Barganier Davis Williams Architects Associated, LLC (BDW), both architectural and design services firms headquartered in Montgomery, Alabama. Following the April 9, 2025 closing, Lathan and McKee combined to form Lathan McKee Architects, while BDW joined the newly formed L&M Group of Companies; transaction terms were not disclosed.

Five Star Breaktime Solutions announced the closing of an acquisition of Buffalo Rock Company’s full-line vending operations. Buffalo Rock divested the vending business across Alabama, West Georgia, and the Florida Panhandle to Five Star, Canteen North America, and other local Canteen franchise operators, while continuing to operate its core Pepsi and Keurig Dr Pepper bottling business.

Park/Wiseway Supply Group (PWSG) announced it has acquired Northport Electrical Supply, a full-line electrical distributor based in Northport, Alabama. The deal expands Park/Wiseway’s electrical distribution footprint and geographic reach across Alabama while Northport Electrical Supply will continue operating under its existing name with support from the broader Park/Wiseway platform.

JM Test Systems acquired Alabama Scale & Instrument, Inc. (ASI) to expand its presence in the U.S. Southeast/Gulf Coast region and enhance its specialized testing and calibration service capabilities. The deal complements JM Test’s broader test equipment solutions and follows its recent acquisition of BHD Instrumentation. JM Test Systems has been owned by Kanbrick since 2023 as part of a long-term growth strategy centered on geographic expansion and acquisitions.

Circular Services announced the acquisition of Waste Recycling Inc. (WRI), a provider of recycling services in the Southeastern United States. Headquartered in Montgomery, Alabama, WRI operates recycling facilities in Montgomery, Anniston, Tuscaloosa, and Opelika, expanding Circular Services’ materials management capabilities across Alabama and the broader Southeast.

Radiance Technologies, a 100% employee-owned defense prime contractor, announced it has acquired Phased n Research (Phasedn), a radar and electronic warfare company founded in 2018. Phasedn will operate as a subsidiary of Radiance, expanding Radiance’s capabilities in advanced radar, modeling, and EW solutions for Department of Defense and intelligence customers.

Systems Planning & Analysis (SPA), a portfolio company of Arlington Capital Partners, acquired Intrepid, an engineering company serving U.S. defense missions across missiles and space, enterprise modernization, and aviation/mission support. Intrepid is headquartered in Huntsville, Alabama and strengthens SPA’s support for U.S. Army priorities including integrated battle management and enterprise modernization.

Diversified Energy Company PLC announced the completion of its previously announced acquisition of Maverick Natural Resources. The transaction consideration included the issuance of 21,194,213 new Diversified ordinary shares, and Maverick CEO Rick Gideon will join Diversified as Chief Operating Officer effective March 18, 2025.

Knack RCM acquired PPM Partners, an anesthesia-focused revenue cycle management (RCM) provider founded in 1991 with offices in Montgomery, Alabama. The deal expands Knack RCM’s Anesthesia Services capabilities and follows its recent acquisition of Merrick Management, Inc., further strengthening Knack’s specialty RCM offering with support from its financial partner, LKCM Headwater Investments.

Applied Aerospace announced it has completed the acquisition of NeXolve, adding thermo-mechanical engineering capabilities and advanced polymer materials expertise for space systems. NeXolve, headquartered in Huntsville, Alabama, will become Applied Aerospace’s Advanced Materials & Deployable Systems division, with the NeXolve brand retained as a product line for polyimide resin and film products.

The Kenan Advantage Group, Inc. (KAG) acquired Evergreen Transport, LLC, a Mobile, Alabama-based dry bulk transportation provider serving the Southeastern United States. The deal expands KAG’s dry bulk platform by adding Evergreen’s fleet of 158 tractors and 338 trailers, four terminal/satellite locations across Alabama, and approximately 100 drivers plus 45 operations personnel; financial terms were not disclosed.

Lathan McKee Architects (Lathan Associates Architects P.C.), backed by Hidden Harbor Capital Partners, invested in Lambert Ezell Durham Architecture, LLC (LED Architecture), an architectural and design firm headquartered in Florence, Alabama. LED joined the L&M Group of companies alongside Lathan McKee and Barganier Davis Williams, expanding the group’s presence and resources in Northern Alabama; LED’s leadership team will remain in place. The investment closed August 1, 2025, with financing provided by funds managed by First Eagle Alternative Credit, LLC; terms were not disclosed.

Porter Capital acquired an unnamed factoring firm that specializes in serving the staffing sector. The deal adds the target’s client portfolio and key staff to Porter Capital, expanding Porter Capital’s presence and capabilities in providing tailored working-capital solutions to staffing and other B2B businesses across the United States.

Complete Health, a privately owned value-based primary care group, announced that West Jefferson Internal Medicine has joined its network, expanding Complete Health to its twenty-first location in Alabama. The practice, led by Dr. Reid Christopher, will leverage Complete Health’s resources and programs to enhance patient-centered care for the Bessemer, Alabama community.

Godspeed Capital Management LP made a strategic investment in InSite Engineering, LLC, a water and wastewater engineering and design services firm. The investment will establish InSite as Godspeed’s new platform brand for building a water and wastewater engineering services provider focused on critical infrastructure projects in the Southeastern United States. Financial terms were not disclosed.

Sonic Group, a Netherlands-based provider of professional tools and equipment solutions, acquired Sonic Tools USA, its exclusive North American distribution partner based in Auburn, Alabama. The transaction makes Sonic Tools USA a wholly owned entity of Sonic Group, supporting expanded distribution and additional investment across North America. Financial terms were not disclosed.

Auxo Investment Partners acquired Southeast Vegetation Management (SEVM), an Alabama-based provider of vegetation management services to U.S. railroads. SEVM will be integrated into Auxo’s railroad infrastructure maintenance platform under the Genesis Rail Company brand, expanding Genesis Rail’s vegetation management division alongside prior related acquisitions.

SuperHero Fire Protection, a portfolio company of Hidden Harbor Capital Partners, acquired Central Fire Protection to expand its Fire, Life & Safety services footprint into Alabama. Central Fire Protection, headquartered in Birmingham, will continue to be led by founder and President D.J. Dotson, who will remain an owner in the business.

Superior Environmental Solutions (SES), a Palladium Equity Partners-backed provider of environmental and industrial services, acquired American Remediation & Environmental, Inc. (also referred to as American Environmental). The deal—SES’s largest to date—adds capabilities such as tank maintenance and robotic tank cleaning and expands SES’s footprint in the Southeast/Gulf region, including Alabama, Mississippi, and Louisiana. Financial terms were not disclosed.

APHIX has acquired Largen Landscaping, a commercial landscaping provider headquartered in Huntsville, Alabama. The deal is intended to strengthen APHIX’s presence in the Southeast United States, with Mark Marshall leading the APHIX Huntsville branch post-acquisition.

ASSA ABLOY acquired Norshield Security Products, a U.S. manufacturer of high-security openings and enclosures including certified ballistic, attack- and blast-resistant products. Norshield is headquartered in Montgomery, Alabama, and the transaction marks an exit for the Spell Family Office (via Spell Capital Partners), which had owned the business since 2009.

Ampersand Capital Partners completed the acquisition of Nektar Therapeutics' PEGylation (polyethylene glycol) reagent manufacturing business. The acquired business was launched as a new Ampersand portfolio company branded Gannet BioChem, operating from its Huntsville, Alabama GMP manufacturing facility and serving biopharmaceutical customers with PEG reagent CDMO capabilities.

Hidden Harbor Capital Partners made a strategic investment in Lathan Associates Architects, P.C. (Lathan Architects), a Hoover, Alabama-based architectural and design services firm serving K-12, higher education, and municipal clients. Founder Rick Lathan and the other partners will remain invested and active in the company. The investment closed on November 21, 2024, and financial terms were not disclosed.

United Bancorporation of Alabama, Inc. repurchased all 197,717 shares of its common stock held by the United Bancorporation of Alabama, Inc. 401(k) Employee Stock Ownership Plan (KSOP). The shares were bought back at $54.25 per share for an aggregate purchase price of approximately $10.7 million, with the transaction closing on November 15, 2024.

Carr, Riggs & Ingram, L.L.C. (CRI) received its first institutional capital via a strategic growth investment from funds advised by affiliates of Centerbridge Partners, L.P. and from Bessemer Venture Partners, effective November 18, 2024. The investment is intended to accelerate CRI’s growth, expansion into new markets and service lines, and technology investment, with financial terms not disclosed.

Atlantis Fire Protection acquired Allied Fire Protection, a fire protection services company based in Birmingham, Alabama. As part of the deal, Allied Fire Protection’s Founder and President Tony Thomas will continue operating the business and will join as an owner within the broader Atlantis Fire Protection platform. Atlantis Fire Protection is backed and managed by Lynch Holdings and Capital Alignment Partners.

Special Aerospace Services (SAS), a Godspeed Capital Management LP-backed platform, acquired Concordia Technologies, a Huntsville, Alabama-based defense and aerospace engineering firm focused on hypersonic weapons and missile defense capabilities. The transaction (announced Oct. 28, 2024) closed on October 24, 2024 and expands SAS’s offerings in areas including modeling and simulation, sensor design/evaluation, and rapid prototyping for U.S. defense and space missions.

American Family Care (AFC) announced the acquisition of all three Urgent Medcare urgent care locations in North Alabama. The clinics, previously owned by CRH Healthcare, are located in Huntsville, Madison, and Meridianville, Alabama, and expand AFC’s presence in the greater Huntsville market.

Radiance Technologies and Ignite Fueling Innovation, Inc. announced the formation of a new joint venture, Radiance Ignite Technologies, to expand their combined capabilities for government customers. The JV will deliver defense and intelligence-focused services including technical intelligence, directed energy, space operations, electromagnetic spectrum operations, AI/ML, and systems engineering.

The Cook & Boardman Group LLC (C&B) acquired Mullins Building Products, Inc., a commercial door and hardware material supplier and installer headquartered in Birmingham, Alabama, with additional locations in Decatur and Montgomery. Financial terms were not disclosed. Mullins will continue operating under its existing name as C&B’s ninth acquisition since Platinum Equity took a majority interest in Cook & Boardman in 2023.

Intellectual Property Consulting (IPC), a New Orleans-based business and intellectual property law firm, announced a merger with The Watson Firm, a boutique law firm based in Birmingham, Alabama. The combined firm will operate under the IPC brand, expanding IPC’s geographic presence into Alabama and broadening service offerings including IP prosecution, litigation, and business law transactions.

SupplyOne, Inc. acquired Gulf Packaging, Inc. to expand SupplyOne’s presence in the Southeastern United States. Gulf Packaging is a converter and supplier of custom corrugated boxes and displays with production facilities in Bay Minette and Tallassee, Alabama. The deal marks the 42nd acquisition in SupplyOne’s buy-and-build strategy and SupplyOne is backed by Wellspring Capital Management.

Bradford Health Services acquired Lakeview Health, expanding Bradford’s nationwide addiction treatment and recovery network with Lakeview’s specialized behavioral health programs. Lakeview’s four programs—The Rose, The Star, Koru Spring, and Stepping Stones—will operate under the Bradford Health umbrella, broadening service offerings including gender-specific substance use disorder treatment and eating disorder care. Lee Equity Partners was cited as supporting Bradford Health in connection with the transaction, and Cain Brothers (a division of KeyBanc Capital Markets) served as exclusive financial advisor to Lakeview Health.

SJE Inc., a portfolio company of Audax Private Equity, acquired Revere Control Systems, Inc., an automation and electrical services platform serving water/wastewater and industrial markets. The transaction closed on September 16, 2024 and expands SJE’s engineered control solutions and control systems integration capabilities and geographic footprint.

Construction Partners, Inc. acquired John G. Walton Construction Company, Inc., a civil infrastructure and roadway construction business headquartered in Mobile, Alabama. The acquisition adds a hot-mix asphalt plant along with related crews and equipment, expanding Construction Partners' capabilities in the greater Mobile and southwestern Alabama market.

Meridian Waste Acquisitions LLC acquired the stock of Evergreen Environmental Partners Holdings LLC (EEP) and ADSI Holdings LLC effective September 1, 2024. The sellers were BTG Pactual Strategic Capital holdings, and the deal expands Meridian Waste’s Southeast footprint by adding the Noble Hill municipal solid waste landfill, the EEP transfer station, and related hauling and contract operations across Alabama and Mississippi. Meridian Waste is backed by Warren Equity Partners, and described this as its largest acquisition to date and its 30th since WEP’s 2018 ownership transition.

Pennsylvania Steel Company Inc. announced the acquisition of Besco Steel Supply, a steel service center based in Birmingham, Alabama. The deal supports Pennsylvania Steel’s growth strategy by expanding its presence in the Southeastern United States and integrating Besco’s operations to broaden product and service capabilities.

Duravant LLC, a global engineered equipment and automation solutions provider, acquired T-TEK Material Handling LLC, a U.S.-headquartered manufacturer of high-speed end-of-line packaging machinery. The deal expands Duravant’s packaging automation capabilities for packaged food, beverage, and consumer products, adding T-TEK’s palletizers, depalletizers, conveyors, and custom automated line solutions.

Bluestone Investment Partners completed a strategic investment in Qualis Corporation, a Huntsville, Alabama-based missile defense and space systems technology business. The investment was made through Bluestone’s newly established SBIC vehicle (BIP III SBIC LP), and Qualis’ management team will continue to lead the company as it pursues organic growth and potential acquisitions.

Silver Canyon Group announced its acquisition of Franklin Homes, a longtime producer of manufactured homes, modular residential, and multifamily buildings. Silver Canyon plans to support Franklin Homes’ innovation and growth, including potential expansion with additional plants, alongside leadership appointments for Bobby Killingsworth as President and Blake Jackson as General Manager.

Schellman & Company, LLC acquired the practice of INSYTE CPAs, LLC, with INSYTE’s clients and personnel transitioning to Schellman. INSYTE CPAs is headquartered in Birmingham, Alabama and is known for risk management, internal control, and business process expertise, complementing Schellman’s attestation and compliance services including SOC reporting.

Haney and White Enterprise, owner of Haney and White Logistics and Running Ox Logistics, has finalized the acquisition of Oxford, Alabama-based B.R. Williams Trucking and B.R. Williams LTL Logistics. The four businesses will be integrated and operate together under the BRW brand, combining brokerage, trucking assets, warehousing and logistics services, with combined annual revenue projected to approach $100 million initially.

Legacy Food Group (LFG) announced that Halsey Foodservice will join the organization as its fifth operating division, expanding LFG’s footprint into the Southeast United States. Halsey will retain its name, management team, and local operating autonomy while gaining access to LFG resources such as supplier relationships and consolidated purchasing. As part of the transaction, Halsey leaders Cecilia Halsey, Terry Giles, and Joe Spearman will invest in an equity position in Legacy Food Group.

JD Sports Fashion plc acquired Hibbett, Inc. in an all-cash transaction valuing Hibbett at approximately $1.1 billion, with Hibbett shareholders receiving $87.50 per share. Following closing on July 25, 2024, Hibbett joined JD Sports’ portfolio and ceased to be a standalone publicly traded company, while maintaining its headquarters in Birmingham, Alabama.

Available Plastics, Inc. (API), a Huntsville, Alabama-based plastics manufacturer, was sold to a group of private investors. FourBridges Capital Advisors served as exclusive investment banker to API and negotiated and structured the transaction on behalf of owner Suanne Yarborough. CEO Keven Cook and Operations Manager Anthony Peavy will remain with the company following the sale.

Trivest Partners made a minority growth investment in Hinton Lumber Products through Trivest Growth Investment Fund II, with Palmares Capital Partners co-investing alongside Trivest. Hinton, a Tuscaloosa, Alabama-based manufacturer of custom-designed wooden pallets, will use the partnership to support continued growth organically and through M&A while maintaining operational and financial control.

Monarch E&S Insurance Services, a division of Specialty Program Group LLC, announced it has acquired the assets of Commercial Sector Insurance Brokers, LLC (CSIB). Based in Birmingham, Alabama, CSIB is an E&S wholesale broker specializing in contract binding and insurance placements across sectors including mining, property, railroad, and trucking. The transaction is intended to expand Monarch E&S’s contract binding capabilities and deepen its mining-industry specialization nationwide.

Herc Rentals acquired Industrial Rental & Sales, LLC, an independent equipment rental provider headquartered in Guntersville, Alabama, serving the greater Huntsville area and surrounding states. Industrial Rental & Sales (founded in 2016) provides general and heavy construction/industrial rental equipment to residential building, industrial construction, and heavy civil construction customers. Financial terms were not disclosed.

SurgNet Health Partners, Inc., an ambulatory surgery center development and management company based in Nashville, announced its acquisition/partnership with Tuscaloosa Endoscopy Center, a gastrointestinal endoscopy provider serving West Alabama. The transaction closed on July 3, 2024, and Dr. AB Reddy will remain actively involved in providing care and helping shape the center’s future.

Bridger Aerospace Group Holdings, Inc. (Bridger Aerospace) has acquired FMS Aerospace, a Huntsville, Alabama-based provider of airframe modification and integration solutions for government and commercial customers. The transaction consideration was $17.51 million in equity, plus a contingent equity earn-out of up to $3.09 million tied to an EBITDA target, strengthening Bridger’s in-house engineering capabilities and diversifying its customer base and seasonality.

Stellex Capital Management has completed the sale of Continental Global Material Handling (CGMH) to Precision Pulley & Idler (PPI). CGMH, headquartered in Winfield, Alabama, designs and manufactures bulk material handling conveyor systems and components; financial terms were not disclosed.

Town & Country Industries, a division of ABC Supply Co., Inc., acquired the assets of Aluminum Products Wholesale, LLC in Mobile, Alabama. The acquisition adds Town & Country’s first location in Alabama and expands its aluminum and building products distribution presence in the Gulf Coast region.

Plasma Processes, a provider of ultra-high temperature materials, coatings, and propulsion-related components, acquired Metaltech Machine & Tool, a wire EDM-focused machine shop based in Scottsboro, Alabama. The deal vertically integrates a key step in Plasma Processes’ supply chain and expands the Plasma Processes platform backed by Blue Sea Capital.

ZT Automotive, a division of ZT Corporate, expanded into Alabama by acquiring 13 automotive dealerships previously owned by Greenway Automotive Group. The acquired stores include Toyota, Honda, Nissan, and Chrysler Dodge Jeep Ram FIAT dealerships in Florence and Tuscumbia, and select locations will be rebranded under the “Singing River” name. Haig Partners advised the seller and BMO provided debt financing for the transaction.