Acquisitions in Arkansas, United States

HKW, a middle-market private equity firm, acquired Handling Systems and Conveyors, Inc. (HSC), a vertically integrated designer, manufacturer, installer and service provider of crane, hoist, conveyor and tooling solutions. HSC serves aerospace & defense, industrial manufacturing and transportation end markets, providing engineered material handling systems and aftermarket services. Financial terms were not disclosed.

DSV has agreed to sell 100% of the shares of USA Truck and its subsidiaries to UTAC, LLC, a private Arkansas-based ownership group formed by industry veterans with ties to the carrier. UTAC, LLC is owned by George Henry, Zachary King, and James Reed; financial terms were not disclosed.

Inszone Insurance Services acquired Mark V. Williamson Co., Inc. (doing business as Williamson Insurance), a long-standing independent insurance agency based in Little Rock, Arkansas. The acquisition expands Inszone’s presence in Arkansas while allowing Williamson Insurance to continue operating from its Little Rock location with its existing team, supported by Inszone’s resources, technology, and carrier relationships.

U.S. Dermatology Partners acquired Helms Dermatology, expanding its network into Arkansas for the first time and extending its footprint to nine states. The acquisition includes Helms Dermatology’s clinics in Russellville and Clarksville, and will provide the practice with U.S. Dermatology Partners’ operational support services (e.g., managed care, marketing, compliance, HR, and IT) to enhance efficiency and long-term sustainability.

SupplyOne, Inc. acquired Lamb & Associates Packaging, Inc., an Arkansas-based corrugated packaging manufacturer headquartered in Maumelle with an additional facility in Springdale. The deal expands SupplyOne’s Midwest footprint and adds manufacturing and advanced digital printing capabilities (including an EFI Nozomi) to enhance SupplyOne Digital. The acquisition is described as SupplyOne’s 45th since its founding.

Guideboat Capital Partners acquired P3 Cost Analysts Franchise, LLC, a cost-reduction consulting firm. The transaction, advised by Generational Group, closed on October 22, 2025.

Library Market has merged with LibraryIQ to combine their library-focused software, marketing, and performance intelligence capabilities. The deal builds on the recent merger of LibraryIQ and OrangeBoy, creating a broader library intelligence and patron engagement solution for public libraries.

Inszone Insurance Services acquired Arkansas Best Insurance Agency, Inc., a long-standing independent insurance agency founded in 1905 and based in Hot Springs, Arkansas, expanding Inszone’s presence into Arkansas. Arkansas Best will continue operating from its Hot Springs and Hot Springs Village offices, now supported by Inszone’s national platform and expanded carrier access.

Security Fire Systems (SFS), backed by Blackford Capital, acquired Lakeview Security, Fire & Communications (Lakeview). Lakeview, headquartered in North Little Rock, Arkansas, provides security and fire protection solutions, and its owner/president Matt Reynolds and team will remain with the business. The acquisition expands SFS’s presence in Arkansas and supports Blackford Capital’s fire safety consolidation platform; terms were not disclosed.

Vida Shoes International, Inc. acquired Munro, an Arkansas-based comfort-focused women’s footwear brand owned by Munro & Company, Inc. The transaction closed on September 22, 2025, and Vida stated it will invest in Munro’s growth while preserving the brand’s legacy; Nikki Munro also joined Vida as Vice President of Sales as part of the transition.

Portrait Capital acquired AAi Labels & Decals (Art Advertising, Inc.) and Sticker Ranch, combining the businesses to form a specialty label and decal platform. AAi founder-owners Stacy and Gary Gestring will transition day-to-day leadership to Sticker Ranch co-founder Lynn Higgs, who will serve as CEO of the combined company, while continuing to support the business. The combined platform will target growth across North America and pursue additional acquisitions in the fragmented label market.

Club Car Wash announced the acquisition of Rapid Shine Car Wash, a family-owned car wash business serving Benton, Arkansas. The deal expands Club Car Wash’s network and is expected to bring membership benefits and technology upgrades to Rapid Shine customers while maintaining local service and community involvement.

Sustainable Medical Billing acquired the revenue cycle management (RCM) services business of MedEvolve, Inc. Following the transaction, MedEvolve will focus on its AI-driven revenue cycle automation and analytics technology (including its Effective Intelligence suite and practice management software), while Sustainable Medical Billing will provide end-to-end RCM services to the former MedEvolve services clients and continue utilizing MedEvolve’s technology platform.

Everside Capital Partners announced the closing of its investment in Rumble Pest Solutions, a general pest control services provider offering household pest control as well as termite monitoring and mosquito services. Everside is partnering alongside a Florida-based SBIC (serving as the company’s sponsor) and a North Carolina-based SBIC to support Rumble’s next phase of growth.

SBG Holdings Inc., a portfolio company of Charger Investment Partners, acquired Ameripolish Inc., a manufacturer of consumables used to maintain and renew polished concrete and terrazzo flooring. Ameripolish is headquartered in Lowell, Arkansas, and its leadership team (including Clint Howle and Carl Cabot) will continue to lead the business. Financial terms were not disclosed.

Atlas Energy Solutions Inc. acquired Propflow, LLC, a provider of patented on-wellsite proppant filtration technology, in a transaction that closed on July 28, 2025. The acquisition is intended to strengthen Atlas’ proppant handling and mine-to-blender proppant logistics capabilities by adding wellsite filtration that reduces frac equipment maintenance costs and downtime.

Nuqleous, a provider of space planning and retail analytics software solutions, secured a strategic majority investment from Rubicon Technology Partners to accelerate product innovation and support long-term growth. As part of the transaction, Nuqleous appointed Ben Cronin as Chief Executive Officer, while co-CEOs Garrett Levey and Bill Kloza will remain on the board.

Crisp, a collaborative commerce platform for retail data, acquired Cantactix, a retail category management and space-planning solutions provider. The acquisition expands Crisp’s capabilities in retail shelf and floor space management, planogram efficiency, and workflow automation for CPG manufacturers and retailers. Financial terms were not disclosed.

Harvest Group, a commerce agency, acquired Next Step Club Solutions, a boutique Costco brokerage and sales agency. The deal expands Harvest Group’s Costco-focused capabilities, regional coverage, and relationships with Costco buyers as Next Step founder Steve Freeman joins Harvest Group’s Costco team.

Tavoron, a portfolio company of Fusion Capital Partners, acquired Arkansas Industrial Machinery (AIM), a distributor and service provider for industrial air, gas, and fluid-handling equipment. The deal expands Tavoron’s sales, service, and rental footprint in the southern U.S., with AIM’s service department integrated into Tavoron’s service network. This marks Tavoron’s first add-on acquisition since Fusion Capital Partners acquired Tavoron earlier in the year.

Gridiron Capital and Stella Point Capital announced the closing of the strategic merger of their respective portfolio companies, Travel Nurse Across America (TNAA) and TotalMed. The combination brings together two healthcare staffing and MSP (managed service provider) platforms, with TNAA CEO Tim McKenzie leading the newly merged organization and TotalMed CEO Sejal Shah joining the board. Financial terms were not disclosed, and the companies’ MSP units (TNAA’s SimpliFi and TotalMed’s Staffency) will also combine.

Staffency, a division of TotalMed, announced a strategic merger with SimpliFi, a division of Travel Nurse Across America, to expand technology-enabled healthcare workforce solutions. The combined organization will provide contract labor management, strike staffing, new graduate RN onboarding, and float pool services, leveraging Staffency’s VMS and SimpliFi’s Stogo shift-fulfillment platform to support workforce operations across more than 2,200 care sites in the United States.

Patriot Growth Insurance Services, LLC announced that The Cashion Company has joined Patriot as a new partner agency. The Cashion Company, founded in 1975 and focused on construction insurance, surety bonding, and related risk-management solutions, will continue to operate under its existing leadership team with offices in Little Rock and Fayetteville, Arkansas. Patriot Growth Insurance Services is backed by GI Partners and Summit Partners.

Apptegy, a provider of communication and brand management solutions for K-12 school districts, announced it has completed the acquisition of AlwaysOn. The deal adds AlwaysOn’s AI-powered, multilingual K-12 chatbot and analytics capabilities to Apptegy’s school communications platform to provide 24/7 support and deeper community insights for districts.

Crisp, a provider of retail data solutions, acquired Shelf Engine, an AI-driven demand forecasting and automated ordering company. Crisp plans to integrate Shelf Engine’s algorithms into its collaborative commerce platform to improve retail forecasting, optimize inventory for perishable goods, and reduce food waste. Financial terms were not disclosed.

CTI, a U.S. audiovisual integration and live events provider, has acquired MP Productions of Little Rock, Arkansas. The deal adds MP Productions’ decades of arena and stadium event production experience to CTI’s Live Events operations and expands CTI’s event production capabilities nationwide.

UPSTACK, a full-service technology advisory firm, announced it has acquired Arkansas-based V3 Technology Inc., an IT advisory firm serving midmarket businesses. As part of the transaction, V3 President Tom VanVeckhoven will join UPSTACK as a Partner and the broader V3 team will also join the company.

The Stephens Group, LLC acquired Astro Pak LLC, a provider of high purity and precision cleaning services for critical and highly regulated industries. Astro Pak offers on-site, shop, and cleanroom services including passivation, derouging, electropolishing, sanitization, and oxygen cleaning across markets such as pharmaceuticals, biotechnology, food & beverage, semiconductors, and aerospace & defense. Houlihan Lokey served as financial advisor to Astro Pak.

Mobile Communications America, Inc. (MCA) announced the acquisition of SafetyCom, Inc., a mass notification warning system provider based in North Little Rock, Arkansas. The deal expands MCA’s mass notification capabilities and strengthens its national presence in workplace and community safety solutions.

Pye-Barker Fire & Safety acquired Encore Technology Solutions, expanding its fire protection, life safety, and security services footprint into Arkansas and bringing its presence to 46 states. Encore Technology Solutions operates two branches near Little Rock and is known for fire alarm systems, access control, video surveillance, intrusion detection, and mass communication systems.

MAI Capital Management announced the acquisition of Garrison Asset Management, a registered investment adviser serving high-net-worth individuals, families, and organizations. Garrison, based in Fayetteville, Arkansas, will adopt MAI’s brand and gain access to MAI’s internal infrastructure resources; transaction terms were not disclosed.

Guardian Alarm announced it has acquired S&S Security Alarms, a security provider founded in 1993 and based in Searcy (near Little Rock), Arkansas. The deal marks Guardian Alarm’s entry into Arkansas and expands its residential and commercial security footprint; S&S Security Alarms will continue operating under its existing name with the same local staff.

The Computer Works (TCW), an Arkansas-based fiber and fixed wireless internet service provider, completed a significant growth capital investment led by The Stephens Group alongside Circumference Group. The funding will support TCW’s expansion of fiber connectivity to underserved communities across Arkansas and help position the company for BEAD-related opportunities. Stephens Inc. served as financial advisor to TCW on the transaction.

Hub International Limited acquired the assets of Hadfield Agency, Inc., an independent multi-line insurance agency. Hadfield Agency, headquartered in Little Rock, Arkansas, provides commercial and personal insurance and will join HUB Mid-America; financial terms were not disclosed.

Landscape Workshop acquired All Around Landscaping, expanding its grounds management presence into Springdale, Arkansas and the broader Northwest Arkansas market. All Around Landscaping owner Jo Lynn Steenbergen will remain involved in operations and customer support to support a smooth transition. Landscape Workshop is backed by Carousel Capital and McKinney Capital.

Circumference Group, in partnership with The Pritzker Organization and Stephens Capital Partners, acquired a majority stake in Visionary Integration Professionals (VIP), a digital transformation consultancy. VIP founder Jonna Ward will remain CEO, and the investment is intended to support VIP’s continued growth across public sector and commercial clients. Deerpath Capital provided debt financing and Oak Hills Securities advised VIP on the transaction.

Dark Horse Cannabis acquired Green Light Dispensary in West Helena, Arkansas. Following the acquisition, the store will transition to operate under the Speakeasy by Dark Horse brand, using the West Helena site temporarily before relocating permanently to Brinkley, Arkansas. The move is intended to expand Dark Horse Cannabis' retail presence in Arkansas and improve customer access to its cannabis products.

Terracon, an employee-owned engineering consulting firm, has acquired Flat Earth Archeology of Cabot, Arkansas. Flat Earth provides archaeology and cultural resources management and compliance services, and will continue operating as “Flat Earth Archeology, A Terracon Company,” with its 11 employees joining Terracon.

Terracon, an employee-owned engineering consulting firm, acquired Harbor Environmental, Inc., a multi-disciplined provider of engineering, compliance, and sustainability services headquartered in Little Rock, Arkansas. Harbor’s 38 employees will join Terracon, and the business will continue operating locally as “Harbor Environmental, A Terracon Company.”

Revolution Sustainable Solutions, LLC ("Revolution") announced it has acquired Norflex, Inc., a manufacturer of high-performance agricultural and industrial films. The deal expands Revolution’s sustainable agriculture offering (including Norflex’s Agriseal silage wrap) and strengthens Revolution’s stretch and shrink film businesses, including capabilities in blown stretch film and films using post-consumer recycled content.

Good Springs Capital LP announced that entities it manages have completed an investment in Kimbel Mechanical Systems, Inc., a mechanical contractor providing plumbing, HVAC, and electrical installation services. Kimbel Mechanical Systems is headquartered in Fayetteville, Arkansas and will continue to be managed by its existing leadership team, with the Kimbel family remaining significant owners alongside Good Springs.

Nuqleous announced the acquisition of TR3 to expand its retail and supply chain analytics capabilities for Consumer Packaged Goods (CPG) suppliers. The deal increases Nuqleous’s connectivity to over 100 retailers and broadens its cloud-based analytics offerings, extending reach across North America and Europe through a unified platform.

Nuqleous announced the acquisition of Shiloh Technologies, developer of the ShilohNEXT next-generation AI data analytics platform for retail. The deal is intended to enhance Nuqleous’ data integration, harmonization, and analytics capabilities and expand connectivity to retailer and syndicated data sources, particularly within the Walmart supplier and broker ecosystem.

SmartDraft, a civil engineering software company, was sold to an individual investor in a transaction introduced by Rejigg and closed on June 1, 2024. The buyer acquired roughly half of the company at close, with an option to obtain a majority stake over the next three years. SmartDraft’s founder Rex Cooper will continue working with the new business partner to modernize workflows and invest in product development.

Michelli Weighing & Measurement, a portfolio company of Summit Park, acquired/recapitalized Pioneer Scale Co., a provider of industrial weighing services and equipment. Pioneer is headquartered in Benton, Arkansas and operates across Arkansas, Colorado, and Texas, adding scale installation, maintenance/repair, and test/calibration capabilities and expanding Michelli’s service footprint.

TopBuild Corp. has entered into an agreement to acquire Insulation Works, an insulation installer serving residential and light commercial markets in Arkansas and surrounding states, as well as agricultural buildings nationally. Insulation Works, based in Wickes, Arkansas, operates three locations and generates about $28 million in annual revenue; the transaction is expected to close in May 2024.

MAI, a privately held Chicago-based 3PL and omnichannel contact services provider operating as MAI Voice, has acquired Quality Voices, LLC, a privately held call center operator based in Jonesboro, Arkansas. The acquisition expands MAI Voice’s footprint in the southern United States and adds political and non-profit contact center expertise to its service offerings.

Grote Company, a manufacturer of food slicing and assembly equipment and parent to Vanmark and PFI, announced it has acquired ProFab. ProFab is a Springdale, Arkansas-based manufacturer of food industry conveyors and a millwright and process piping supplier/installer, expanding Grote’s capabilities in food processing—particularly in poultry.

BDV Solutions has acquired Arkansas Global Connect (AGC), a Conway, Arkansas-based provider of seasonal workforce staffing services for U.S. businesses. AGC specializes in ethical international staffing and consulting, primarily placing workers via non-immigrant H-2A and H-2B seasonal work visas across sectors such as hospitality, food processing, agriculture, and manufacturing.

Engineering and design firm Olsson has agreed to acquire FTN Associates Ltd., a water and environmental engineering consulting firm headquartered in Little Rock, Arkansas. The deal is expected to close on April 22, and approximately 55 FTN employees across Arkansas, Louisiana, and Missouri will join Olsson as FTN’s Little Rock headquarters becomes an Olsson office. Financial terms were not disclosed.

Blackstone Growth and affiliated funds made a growth equity investment in 7 Brew Coffee, a drive-thru beverage franchisor. The investment is intended to support 7 Brew’s accelerated expansion across the United States alongside its franchise partners. Transaction terms were not disclosed.

BaseMap, Inc., a GPS hunting, outdoor planning, and navigation app, has acquired HuntScore, a provider of hunt planning tools and research analytics. The acquisition, completed on January 24, 2024 (terms not disclosed), expands BaseMap’s offerings to include features such as draw odds, harvest trends, unit profiles, and application tools, with an integrated mobile launch planned for March 2024.

FV Recycling, a portfolio company of Jones Capital, acquired Linn Paper Stock and QLL Equipment in Little Rock, Arkansas. The acquisitions expand FV Recycling’s footprint into Arkansas and nearby states while strengthening its commercial waste equipment division, including cardboard baler and compactor repair capabilities.

The Bluebird Group, a data-centric omni-channel commerce agency, announced the acquisition of OneStone Solutions Group. OneStone adds Amazon account management, Walmart services, and retail media capabilities, expanding Bluebird’s multichannel commerce offering for brand clients.

Builders FirstSource has acquired Encore Building Products, a distributor and retailer of lumber, flooring, and other building materials. Encore is headquartered in Springdale, Arkansas and primarily serves professional contractors and multi-family builders in northwestern Arkansas. Anchor Peabody represented Encore and its shareholders as exclusive financial advisor in the sale.

FreshEdge, a super-regional distributor of customized fresh food solutions backed by Wind Point Partners, acquired Kimball & Thompson Produce Company (KT Produce), a fresh produce distributor. The deal expands FreshEdge’s footprint in the Southern U.S. and adds supply chain and warehouse capacity across Arkansas and Oklahoma.

Hemingway Capital acquired (recapitalized) Chibuzo, LLC, a manufacturer of wood pallets and crating headquartered in Fort Smith, Arkansas. The transaction was financed with subordinated debt and equity investments from Spring Capital Partners IV, Parkway Capital (a unit of Calvert Street Capital Partners), and IBC Funds. Werner and Theresa Hugo partnered with Hemingway Capital in the recapitalization.

Wind Point Partners, a Chicago-based private equity firm, acquired/partnered with Central Moloney (CMI), an employee-owned manufacturer of distribution transformers and transformer components used in the U.S. electrical grid. Headquartered in Pine Bluff, Arkansas, CMI operates three manufacturing facilities across Arkansas and Panama City Beach, Florida, and the investment is intended to support capacity expansion, modernization, and future growth initiatives.

Olympic Steel Inc. acquired Central Tube & Bar (CTB) in an all-cash transaction; financial terms were not disclosed. CTB, founded in 1996, provides value-added tube and bar fabrication services from facilities in Conway, Arkansas and Tulsa, Oklahoma, and generated approximately $40 million in trailing 12-month revenue ended August 31, 2023. The business will operate as Central Tube & Bar, an Olympic Steel Company, and will be integrated into Olympic Steel’s tubular and pipe products segment.

Novatae Risk Group acquired the assets of American Management Corporation (AMC) on September 1, 2023; financial terms were not disclosed. AMC is a specialized national insurance agency focused on programs for service stations, convenience stores, and fuel marketers, and the acquisition is expected to support a new quoting program by Q1 2024.

CARDS Holdings, LLC, a portfolio company of Kinderhook Industries, acquired Trash Hog, LLC, a solid waste collection company serving customers across Arkansas, Missouri, and Kansas. The deal represents CARDS' ninth acquisition since February 2023 as it expands density and footprint in its existing markets; financial terms were not disclosed.

Hawkins, Inc. completed the acquisition of EcoTech Enterprises, Inc. to expand its water treatment business footprint. EcoTech manufactures, blends, packages, and distributes water treatment chemicals serving Arkansas and surrounding states, and the deal is described as a tuck-in acquisition to accelerate regional growth.

Terracon, an employee-owned engineering consulting firm, acquired Pollution Management Inc. (PMI), an engineering and environmental services firm with offices in Little Rock and Fayetteville, Arkansas. PMI’s 37 employees will join Terracon, and the business will continue operating locally as “Pollution Management Inc., A Terracon Company.” The transaction was brokered by Generational Equity.

Camping World Holdings, Inc. announced it is set to acquire Crain RV, a multi-location RV dealership operating in Benton, Springdale, and Little Rock, Arkansas. The transaction is expected to close in the fourth quarter of 2023, and Camping World plans to convert the acquired sites into Manufacturer Exclusive dealerships following property and facility improvements.

Sowell Management, a registered investment advisor based in North Little Rock, Arkansas, acquired Sector Grid Advisors, an independent financial advisory team based in Rogers, Arkansas. Sector Grid Advisors has been transitioned and rebranded under Sowell Management as Trek Wealth Solutions, adding approximately $120 million in assets and two advisors to Sowell’s RIA platform.

UES, a national engineering and consulting company, acquired Grubbs, Hoskyn, Barton & Wyatt, a geotechnical engineering and construction materials testing firm headquartered in Little Rock, Arkansas. The acquisition expands UES’ geotechnical and materials testing capabilities in the southern portion of its Midwest Region, with the target’s leadership continuing to run day-to-day operations.

Integrity Marketing Group, LLC acquired MediSource, an independent marketing organization focused on helping seniors transition to Medicare, headquartered in Little Rock, Arkansas. Following the deal, MediSource President Richard Dale “RD” Roulston will become a Managing Partner at Integrity; financial terms were not disclosed.

Camping World Holdings, Inc. announced it is set to acquire Breeden RV Center, an RV dealership located in Van Buren, Arkansas. The deal is expected to close in the second quarter of 2023 and will expand Camping World’s presence in Arkansas, bringing its in-state location count to four.

Kinderhook Industries, LLC acquired CARDS Recycling, LLC, a municipal, commercial, and industrial solid waste collection company headquartered in Springdale, Arkansas. The transaction was described as a management partnership/recapitalization to support CARDS’ continued growth and expansion across its Mid-South footprint; financial terms were not disclosed. Comerica Bank provided financing and CARDS was advised by Skyway Capital Markets.

Alimentation Couche-Tard Inc. entered into a definitive agreement to acquire 45 fuel and convenience retail sites from Big Red Stores across Arkansas. The deal is expected to close in the first half of 2023, subject to regulatory approvals and customary closing conditions, and will be financed with available cash and/or existing credit facilities.

Arcane Capital Partners acquired Poly-Tech Plastic Molding Inc., a Prairie Grove, Arkansas-based custom plastics injection molding and extrusion manufacturer. Bluehenge Capital Partners made an investment in Arcane Plastics, LLC that helped fund the PolyTech acquisition, which expands Arcane’s production capacity and customer base and supports a broader platform-building strategy in custom plastics manufacturing.

Mytee, LLC, a portfolio company of Dry Fly Capital, acquired a majority stake in Square Scrub, LLC, expanding the combined product lineup of extractors and hard-surface floor cleaning machines for industrial cleaning applications. First Capital Partners provided mezzanine debt and minority equity financing to support the acquisition, in partnership with Dry Fly Capital and UMB Capital Corporation. Square Scrub founders Kevin and Renee Brady will remain shareholders and continue to be involved in the combined business.

D.R. Horton, Inc. acquired the homebuilding assets and operations of Riggins Custom Homes and related entities in Northwest Arkansas, including approximately 3,000 lots and existing inventory and backlog. D.R. Horton expects to pay about $107 million in cash and plans to combine Riggins’ operations with its existing Northwest Arkansas platform.

Montrose Environmental Group, Inc. acquired Huco Consulting, Inc., a consulting firm specializing in implementing environment, health and safety (EHS) and environmental, social and governance (ESG) systems and software. Huco’s leadership team will join Montrose’s Advisory and Specialty Services business; financial terms were not disclosed.

Alliance Technical Group, backed by Morgan Stanley Capital Partners, acquired GBMc & Associates in a deal announced December 6, 2022. The acquisition expands Alliance’s environmental consulting capabilities and national resources, adding GBMc’s expertise in environmental compliance, ecological services, and watershed and land use management.

American Roller acquired Big River Roller, an industrial roller and core manufacturing business based in Paris, Arkansas. The deal expands American Roller’s presence in the southern United States and enhances its rubber covering and core design/manufacturing capabilities. Transaction terms were not disclosed, and Big River’s founding members are joining the ownership group of American Roller.

SFP Holding, Inc. (Summit Companies) announced that its subsidiary, Summit Fire & Security LLC, completed the acquisition of Fire Extinguisher Sales & Service (FESSAR), effective October 6, 2022. FESSAR will be integrated into Summit Fire & Security to expand fire suppression and life-safety services across Arkansas and the broader southern region.

DB Schenker completed its acquisition of USA Truck, acquiring all outstanding shares for $31.72 per share in cash. The transaction valued USA Truck at approximately $435 million (including assumed cash and debt) and resulted in USA Truck being delisted from NASDAQ and operating within DB Schenker’s network.

LRS announced the acquisition of Lee's Trash Service, expanding LRS South and increasing its waste disposal and roll-off container services footprint in the Arkansas River Valley. The deal adds more than 25,000 residential subscription and municipal customers, commercial accounts, and a transfer station to support continued regional growth. Founder Tony Lee will remain with LRS in a senior operations role following the transaction.

Celero Commerce, a U.S. non-bank payment processor, acquired Community Bankers Merchant Services (CBMS), an Arkansas-based provider of electronic transaction processing delivered through community and regional banks nationwide. The deal expands Celero’s financial institution network, bringing its reach to over 53,000 merchants and approximately $21 billion in annual card volume. 733Park, Inc. represented CBMS in the sale.

The Cigarette Store LLC (TCS), doing business as Smoker Friendly, acquired Tobacco Superstores, a 79-store tobacco retail chain based in Forrest City, Arkansas. The acquired stores across Arkansas, Tennessee, Mississippi, Missouri, and Kentucky will be rebranded as Smoker Friendly and will add Smoker Friendly cigarette and tobacco product lines.

SiteOne Landscape Supply, Inc. completed the acquisition of River Valley Horticultural Products, Inc., a wholesale distributor of nursery, hardscapes, and landscape supply products. River Valley operates from a single location in Little Rock, Arkansas, and will expand SiteOne’s ability to serve landscape professionals throughout Central Arkansas.

Valence Surface Technologies LLC acquired B&M Painting, a Camden, Arkansas-based provider of specialty surface treatment and metal finishing services for aerospace and defense applications. The acquisition expands Valence’s defense-focused coating capabilities and represents Valence’s tenth add-on acquisition since inception, with B&M’s existing management team remaining in place.

Circumference Group acquired a majority stake in The Computer Works (TCW), an Arkansas-based provider of fiber and fixed wireless internet services for residential and commercial customers. The investment is intended to support TCW’s continued expansion of broadband connectivity across urban and rural Arkansas, with TCW President Pat Wilson continuing in his role. Financial terms were not disclosed.

Sanctuary Wealth welcomed Marriott Wealth Advisors, an independent retirement-planning firm based in Hot Springs Village, Arkansas, into its network as a division of mFORCE Capital. The transaction, involving approximately $140 million in client assets under advisement, was enabled through Sanctuary Wealth’s Partnership Program in which Sanctuary provides capital and takes a minority stake in the acquired practice.

Pearlman Group, a portfolio company of The Stephens Group, acquired J. Dulac & Sons, Inc. (dba Cleaners Connection), a specialty distributor of cleaning and restoration supplies and equipment. Cleaners Connection is headquartered in North Little Rock, Arkansas and serves contractors and professionals across Midwestern and Southern U.S. states. Financial terms were not disclosed.

Pallet Logistics of America (PLA), a portfolio company of Silver Oak Services Partners, acquired Propak, a national supply chain services provider with more than 60 facilities. The deal expands PLA’s asset-based footprint and capabilities across 3PL, reverse logistics, warehousing, transportation, and freight brokerage, transforming PLA into a nationwide supply chain solutions provider.

Tricoastal Ventures, LLC acquired 100% of the stock of Central Flying Service, Arkansas’ oldest aviation firm headquartered in Little Rock, from the Holbert family. The transaction brings Central under new management led by Tricoastal partners Phil Jordan (CEO) and Herb Knight (COO), with plans to expand into additional locations and adjacent markets; financial terms were not disclosed.

Investment funds managed by Morgan Stanley Capital Partners (MSCP) completed an investment in Fairway Lawns, a residential lawncare services provider headquartered in Little Rock, Arkansas. Prairie Capital (with prior co-investor Rising Point Capital from a 2019 recapitalization) exited its investment through the sale, while Fairway’s management team led by CEO Kyle DeMilt will continue to lead the business. MSCP plans to support continued organic growth and accelerate Fairway’s add-on acquisition strategy in the fragmented residential lawncare market.

The Bluebird Group (a portfolio company of H.I.G. Capital) acquired 479 Sales & Marketing, LLC, a Bentonville, Arkansas-based retail services consulting firm focused on helping brands succeed at Walmart, Walmart.com, and Sam's Club. The deal expands Bluebird’s omni-channel retail services capabilities by adding 479’s Walmart expertise, while transitioning 479’s employees under the Bluebird umbrella in Arkansas.

Corporate Visions, a sales enablement consulting and training firm and a portfolio company of The Riverside Company, acquired DSG Consulting, LLC to expand its Revenue Growth Services offering. The transaction adds DSG’s tech-enabled, interactive video-based playbooks and subscription tools (including vPlaybook) to Corporate Visions’ science-backed IP for sales, marketing, and customer success teams. Stone-Goff Partners exited its investment in DSG as part of the sale.

Graco Corporation, a parts manufacturing business focused on the firearms industry and proprietary products, has transitioned ownership to buyers Gary and Denise Box. The sellers, founders Larry and Sue Eaton (with partners Gary and Jean Phipps), completed the sale with representation from The CBI Team of N.W. Arkansas and plan to retire while the business continues operating in Gravette, Arkansas.

Envoy Solutions reached an agreement to acquire Sigma Supply of North America, a packaging materials and equipment solutions distributor headquartered in Hot Springs, Arkansas. The acquisition expands Envoy Solutions’ packaging distribution footprint across the South, including Texas, while the Hamby family will continue to lead Sigma Supply following the transaction. The deal is subject to customary regulatory approvals and is expected to close in the second quarter of 2022.

Westrock Coffee Holdings, LLC completed a business combination with SPAC Riverview Acquisition Corp., becoming Westrock Coffee Company and listing on Nasdaq under the symbol "WEST." The transaction raised approximately $300 million of equity capital (including a $250 million PIPE) and was paired with new senior secured credit facilities, with proceeds used to refinance existing debt and fund expansion and strategic growth initiatives.

Relation Insurance Services, Inc. acquired the assets of Dixon Insurance Services, LLC, an Arkansas-based multi-line P&C insurance agency focused on commercial lines for the farm and agriculture industry. Financial terms were not disclosed, and Dixon will be integrated into Relation's Central Region.

MCR, the United States' 4th-largest hotel owner-operator, acquired the Homewood Suites by Hilton Little Rock Downtown, a six-story extended-stay hotel with 116 suites in Little Rock, Arkansas. The acquisition marks MCR’s second hotel investment in the state.

HC3, a data-driven customer communications technology company, acquired Jonesboro, Arkansas-based AutoMail and DOC (Document Output Center) to expand its statement and critical communications automation services for financial institutions and other regulated industries. The deal closed March 1, 2022, with HC3 assuming all of AutoMail’s contracted operations, expanding HC3’s client base and growing its software team and product offerings.

MidOcean Partners acquired Cloyes Gear and Products (Cloyes) from Hidden Harbor Capital Partners in February 2022. Cloyes designs, develops, manufactures, and distributes timing drive systems and engine components for OEM and automotive aftermarket applications, and is headquartered in Fort Smith, Arkansas. Financial terms were not disclosed.

Digital marketing agency New Engen acquired influencer marketing agency Acorn Influence, LLC in a deal advised by Canaccord Genuity. Acorn Influence was previously backed by NewRoad Capital Partners, which will continue as an investor in the combined business; New Engen is backed by Insignia Capital Group.

The Toro Company acquired privately held Intimidator Group, an Arkansas-based manufacturer of Spartan Mowers (zero-turn mowers) and side-by-side utility vehicles. Toro paid $400 million using a combination of cash on hand and short-term borrowings under its revolving credit facility; the deal had received customary regulatory approvals and is expected to be modestly accretive to fiscal 2022 adjusted earnings.