Acquisitions in California, United States

T2S Solutions, backed by Madison Dearborn Partners, has acquired Blue Marble Communications, a provider of space-qualified communications and computing technologies. The deal expands T2S’s space technology offerings and is intended to support Blue Marble’s continued growth through added resources, production capacity, and R&D investment for national security and commercial space markets.

Fresche Solutions acquired OmniData Insights to expand its capabilities in AI-enabled data and analytics modernization and broaden beyond its IBM i modernization roots. Backed by private equity firm American Pacific Group (APG), Fresche plans to combine OmniData’s Microsoft Fabric and analytics expertise with Fresche’s IBM i transformation offerings to serve customers across multi-platform environments.

Vortex Companies, LLC acquired Sancon Technologies, Inc., expanding Vortex’s trenchless water and wastewater infrastructure rehabilitation capabilities. Sancon, headquartered in Huntington Beach, California, brings specialized equipment, decades of experience, and an established presence across California and Nevada. Financial terms were not disclosed.

ABC Supply Co., Inc. acquired the assets of America Building Materials, a roofing and waterproofing distributor located in Los Angeles, California. The deal establishes ABC Supply’s first location in Los Angeles and expands its presence in the greater Los Angeles market. America Building Materials’ associates will remain in place to support continuity for customers.

Lindsay Goldberg has entered into an agreement to acquire a controlling interest in Golden State Foods (GSF), a diversified supplier to the foodservice and retail industries. The Wetterau family will retain a significant ownership stake and continue to be involved through board representation, while GSF will remain headquartered and managed in Irvine, California following closing.

GrubMarket has completed the acquisition of Good Eggs, an Oakland, California-based online grocery service focused on sustainable, locally sourced, high-quality food. The deal is intended to expand GrubMarket’s consumer e-commerce footprint and leverage GrubMarket’s proprietary technology to improve operational efficiency and customer experience across Good Eggs’ service regions.

Renesas Electronics Corporation completed its acquisition of Altium Limited, making Altium a wholly owned subsidiary of Renesas. The deal was executed via a Scheme of Arrangement under Australian law, with Renesas (through its subsidiary Renesas Electronics NSW Pty Ltd) acquiring all outstanding Altium shares for A$68.50 per share, valuing Altium at approximately A$9.1 billion.

EnableComp acquired ANI Healthcare Solutions, LLC, a San Francisco-based denial management and revenue cycle company serving hospitals nationwide. The deal expands EnableComp’s denial management capabilities and enhances its E360 RCM intelligent automation platform within its specialty revenue cycle management offering. EnableComp and Welsh, Carson, Anderson & Stowe (WCAS) worked with Greenberg Advisors as exclusive M&A advisor on the transaction.

Knight-Swift Transportation Holdings announced it is acquiring the less-than-truckload (LTL) operations of Dependable Highway Express to strengthen its West Coast LTL footprint and advance its plan to build a nationwide LTL network. The acquired terminals and related assets will be integrated into Knight-Swift’s AAA Cooper division, with former DHE COO Joe Finney set to lead the unit as president.

LeafLink acquired the assets of Dama Financial's banking division to expand financial services offerings for cannabis operators. Financial terms were not disclosed, and Dama Financial said product lines not included in the deal will rebrand to GrowFlow.

William H. Kopke Jr. Inc., a fresh fruit distributor, acquired the operations of R B Sandrini Cold Storage in Delano, California, and Safco of America in Visalia, California. The R B Sandrini facility will be converted into a refrigerated distribution center and rebranded as KDC West, while Safco of America will complement Kopke’s product lineup and North American reach in grapes, citrus, and cherries.

Thibaut, a fabric, wallpaper, and furniture company, has acquired textile brand Rosemary Hallgarten for undisclosed terms. Rosemary Hallgarten will remain with the business as chief creative officer, while the brand will leverage Thibaut’s back-end capabilities such as logistics, warehousing, and IT as the companies continue to operate separately in the market.

Verde Property Services, the operating arm of San Diego-based private equity firm Verde Equity Partners, completed the acquisition of LaBahn's Landscaping. The deal expands Verde’s commercial landscaping and property maintenance capabilities in Southern California, with LaBahn’s continuing to operate under its existing brand.

Blackford Capital acquired Eight12 Automation, an industrial automation and systems integration company based in Aliso Viejo, California; financial terms were not disclosed. The deal expands Blackford Capital’s PACIV Industrial Automation platform, adding West Coast presence and capabilities across regulated end markets including life sciences and medical devices.

NDH Advisors LLC, a Unity Partners portfolio company, has completed the acquisition of McGowan Guntermann P.C., a tax and accounting firm based in Santa Barbara. The deal expands NDH’s tax and outsourced accounting capabilities and establishes a presence in Santa Barbara; transaction terms were not disclosed. McGowan’s current partners will remain actively involved following the acquisition.

Sunrise Produce, a wholesale produce distribution company based in Southern California, acquired specialty produce distributor Moceri Produce of San Diego. The deal expands Sunrise’s footprint and distribution capabilities in Southern California while keeping Moceri operating in San Diego. Moceri co-owners John and Dominic Moceri will continue to run San Diego operations and join Sunrise’s executive leadership team.

CBC Bancorp, parent of Commercial Bank of California, entered into a definitive agreement to acquire Bay Community Bancorp, parent of Community Bank of the Bay, in an all-cash transaction valued at $14.00 per common share. The combination will create a larger California-focused community business bank with approximately $3.5 billion in combined assets, with Community Bank of the Bay expected to operate long term as a division of Commercial Bank of California. The transaction is expected to close in late 2024 or early 2025 subject to regulatory and shareholder approvals.

RadNet Inc. acquired nine outpatient imaging centers through two tuck-in transactions totaling $14 million, as disclosed in an SEC filing. The company bought Antelope Valley Imaging for $3.53 million (five centers in Lancaster and Palmdale, California) and acquired Grossman Imaging Centers for $10.5 million (four centers in Oxnard and Ventura, California).

Rental Guys, a Chico, California-based equipment rental company, acquired the assets of Sacramento, California-based Aba Daba Rents (Aba Daba Rentals). The acquisition adds Aba Daba’s Sacramento and Citrus Heights locations to Rental Guys’ network, expanding its Northern California footprint and bringing its total to 14 locations.

Power Integrations announced an agreement to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride (GaN) transistor technology. The transaction is expected to close in July 2024, and key Odyssey employees are expected to join Power Integrations' technology organization to support its PowiGaN development roadmap.

Avesi Partners made an investment in First Steps Recovery (FSR), a provider of substance use disorder treatment services. Avesi will partner with FSR’s existing management team to support continued growth and expansion of its continuum of care offerings across California and potentially nationwide.

HCAP Partners announced an investment in Gondola Skate Moving Systems, a San Diego-based supplier of fixture mobilization equipment used to move retail shelving and other heavy fixtures. The investment will support customer growth and operational improvements, and may position Gondola Skate to pursue a future strategic acquisition; financial terms were not disclosed.

Refresco has completed the acquisition of VBC Bottling Company, a family-owned contract manufacturer of premium beverages based in Modesto, California. The deal expands Refresco’s North American footprint and adds West Coast canning and warehousing capacity to better serve contract manufacturing customers.

Verde Equity Partners, a private equity firm based in San Diego, acquired Green-Tech Landcare, a provider of commercial landscaping services in Southern California. The deal represents the third acquisition in Verde’s planned vertical roll-up strategy in commercial landscaping. Green-Tech founder Tom Bjorstrom will continue to support the business during integration into Verde’s portfolio.

Lensrentals acquired the BorrowLenses brand and select assets, expanding its reach in the U.S. photo and video equipment rental market. BorrowLenses’ existing and upcoming rentals will continue without interruption, with Lensrentals fulfilling orders going forward and integrating customer order history. The transaction is expected to expand Lensrentals’ customer base and strengthen its inventory and used-gear program (Keeper).

J.F. Lehman & Company (JFLCO), through an investment affiliate, acquired Mission Microwave Technologies, LLC, a provider of solid-state power amplifiers and block upconverters for the satellite communications market. Mission is headquartered in Cypress, California, and JFLCO is partnering with Mission’s prior majority shareholders, founders, and management, who will retain meaningful equity and continue to lead the business.

Godspeed Capital Management LP announced that its AEC services platform, Stengel Hill Architecture (SHA), has acquired Smith Consulting Architects (SCA). The deal is SHA’s first add-on acquisition and expands the platform’s geographic footprint into California, where SCA is based in San Diego.

Society Brands, a tech-enabled consumer products company, announced it has acquired Orange County, California-based direct-to-consumer brands Clarifion and Cleanomic. Clarifion sells air ionizers and purifiers, while Cleanomic offers sustainable household products for cleaning and laundry, including bundles and subscription offerings. The acquisitions expand Society Brands’ portfolio of DTC brands that primarily sell through Shopify.

Zonda announced it has acquired Builders Digital Experience (BDX), which includes the NewHomeSource.com new-construction home listings portal and the Envision online home design platform. Zonda plans to integrate BDX’s consumer marketplace and design tools with its housing data and technology platform to create an end-to-end digital new-home shopping experience and provide builders with enhanced lead generation and analytics.

Novaria Group acquired Anillo Industries, a manufacturer of aerospace and defense hardware including washers, shims, spacers, plain bearings, and stampings. Anillo’s operations in Orange, California will continue, with brothers Kurt and Mark Koch remaining in their roles for a transitional period. Financial terms were not disclosed.

Corsica Technologies has acquired Hughes Systems Group for an undisclosed amount. The deal expands Corsica Technologies’ managed services capabilities to include B2B data integration alongside its existing IT infrastructure and cybersecurity offerings.

Salt Creek Capital acquired Pacific Coast Feather Cushion Company, LLC (PCF Cushion), a manufacturer of natural fill cushion insert components for the U.S. upholstered furniture industry. PCF Cushion’s CEO, Cristina Kopecky, will partner with Salt Creek Capital as the company continues its growth and development.

Huma Inc. acquired the technological assets of granular fertilizer company Gro-Power, Inc., expanding Huma into the granular fertilizer market and strengthening its turf and ornamental product portfolio. The deal builds on a longstanding supplier partnership between Huma and Gro-Power; financial terms were not disclosed.

Funds managed by Blackstone made a strategic minority growth investment in Salas O'Brien, an employee-owned engineering and technical services firm. The partnership is intended to accelerate Salas O'Brien’s expansion in the architectural, engineering, and construction (AEC) market, while the company remains majority owned by its team members. Financial terms were not disclosed.

CenterGate Capital announced that an affiliate has made an investment in TransGo, LLC, a designer and manufacturer of aftermarket parts and kits for automatic transmission repair. Headquartered in El Monte, California, TransGo will continue to be led by President John Landry, and the investment is intended to support the company’s next phase of growth.

SC Warehouses, LLC (Yandell) completed the acquisitions of Eagle Transportation Company Inc. and Redwood Empire Wine Storage, Inc., both based in Santa Rosa, California. The transactions expand Yandell’s geographic footprint and broaden its wine-industry logistics offering to include bulk tanker transportation as well as temperature-controlled storage and direct-to-consumer (wine club) fulfillment.

GlobalLogic, a Hitachi Group company, has entered into a definitive agreement to acquire Mobiveil, a specialized embedded engineering services firm. The deal is intended to expand GlobalLogic’s embedded software and related hardware/ASIC engineering capabilities and add talent and client relationships across industries such as semiconductor and automotive. Mobiveil’s co-founders, including CEO Ravi Thummarukudy, are expected to join the GlobalLogic leadership team.

HGGC-backed Grand Fitness Partners completed the acquisition of eight Planet Fitness franchise locations in California from PCV Holding Co. LLC. The acquired gyms are located across the Central Valley (including Fresno, Modesto and Stockton), expanding Grand Fitness’ California footprint. PCV’s owners rolled a portion of proceeds into Grand Fitness and retained a minority stake.

Kelvin Group, in partnership with private equity firm Southfield Capital, announced the acquisition of Advanced Examination Services (AES-NDT), a provider of non-destructive testing (NDT) services. Headquartered in Torrance, California, AES-NDT will join Kelvin Group’s portfolio of industrial and mission-critical mechanical services brands.

AMPAM Parks Mechanical, Inc., a portfolio company of Gemspring Capital, has acquired Multi Mechanical, Inc., an HVAC services provider focused on the multifamily market in Southern California. The deal expands AMPAM’s offering from design-build plumbing solutions into HVAC services; transaction terms were not disclosed. Multi Mechanical’s founding members Brandon Abblitt and Tony Ma'ae will continue to lead the HVAC business under AMPAM.

Norwest Equity Partners (NEP) has acquired United Sports Brands (USB), a portfolio of sports performance and protective products brands including Shock Doctor, McDavid, Cutters, Nathan, PEARL iZUMi, and Glukos. The deal closed on November 20, 2023, with financial terms not disclosed, and USB was previously owned by Bregal Partners.

Aya Healthcare announced the acquisition of Winnow AI, a data science-driven platform that uses AI and business intelligence to help healthcare organizations recruit and retain physicians, including passive candidates likely to relocate. Winnow AI will operate within Aya’s Provider Solutions division and complements Aya’s DocCafe physician talent acquisition platform.

SonicWall announced it has acquired Solutions Granted, Inc. (SGI), a Managed Security Service Provider serving MSPs and MSSPs. The deal expands SonicWall’s managed security offerings to include U.S.-based SOC-as-a-Service, Managed Detection and Response (MDR), and related managed services tailored for channel partners.

Ancor Capital Partners’ portfolio company, PMA Industries, acquired United Western Enterprises, Inc., a contract manufacturer specializing in photochemical etching. United Western, headquartered in Camarillo, California, produces thin photochemically etched metal parts and also provides value-added services such as forming, laser welding, heat treating, and metal finishing. The combination expands PMA’s capabilities and scale in photochemical etching across end markets including aerospace, defense, electronics, and medical.

Prime Pensions, LLC, a portfolio company of Mill Point Capital LLC, has completed the acquisition of Pension Benefits Unlimited, Inc. (PBU). PBU is a California-based provider of retirement plan design, administration, and consulting/compliance services for small and medium-sized businesses, and will join Prime Pensions’ retirement services platform.

IO Connect Services announced a majority growth equity investment from East Los Capital. The investment will be used to expand IO Connect’s service offerings and engineering staff to support client demand driven by continued cloud adoption and increasingly complex IT needs.

Presidio Investors, LLC purchased a majority stake in Almaden, a marketing supply chain services provider. Presidio will partner with Almaden to accelerate growth through geographic expansion, further investment in its technology platform, and potential strategic acquisitions.

Vivify Specialty Ingredients, a portfolio company of Gryphon Investors, acquired Access Ingredients, a distributor of specialty surfactants and active ingredients for the personal care industry. The deal expands Vivify’s personal care and cosmetics offering, with Access partnering with Vivify’s Sandream Specialties division. Access’s owner and President Trudi Leung will continue to lead the business as Managing Director and will roll over a meaningful financial stake; financial terms were not disclosed.

H&E Equipment Services has acquired the equipment rental assets of Giffin Equipment, a California-based provider of non-residential construction and industrial equipment. The deal includes three branch locations (Ventura, Goleta, and Santa Maria, California) and an equipment fleet with approximately $13.4 million in original equipment cost. The transaction expands H&E’s branch density and rental fleet presence in central and southern California.

Palladium Equity Partners acquired a majority stake in Source Logistics, a third-party logistics (3PL) provider offering value-added warehousing, distribution, and fulfillment services focused on Hispanic food and beverage brands. The company’s founders, Marcelo Sada and Raul Villarreal, will continue to lead the business, with Palladium investing alongside them. Financial terms of the transaction were not disclosed.

Cprime announced the acquisition of Vincerion, a portfolio optimization and financial transformation consulting firm headquartered in San Francisco, California. The deal expands Cprime’s IT portfolio management and FinOps capabilities, strengthening its ability to help enterprises align technology spending with business objectives and improve visibility into IT costs.

Patreon has agreed to acquire Los Angeles-based livestream ticketed events platform Moment for an undisclosed amount. The deal is intended to add ticketed digital/livestream experiences to Patreon's creator toolkit, with Moment employees joining Patreon and product integration planned.

UPSTACK acquired Network One Solutions, a technology advisory and consulting firm focused on cloud, communications, networking and security services. Network One Solutions is based in Laguna Niguel, California, and its Founder & CEO Michael Stevens will join UPSTACK as a Partner. Financial terms were not disclosed.

QHP Capital acquired Applied StemCell, Inc. (ASC), a California Bay Area-based cell and gene therapy CRO/CDMO serving biotechnology and research customers. ASC provides gene-editing and iPSC-based platforms and GMP-grade manufacturing capabilities to support research, pre-clinical development, and clinical manufacturing of cell and gene therapy products.

Gemspring Capital Management acquired a majority interest in AMPAM Parks Mechanical, Inc., a design-build plumbing solutions provider focused on large multifamily residential projects. Co-founder Buddy Parks will remain Chairman and retain a significant ownership stake; financial terms were not disclosed.

3B Scientific, a manufacturer of medical simulation products and anatomical models for healthcare education, acquired Wallcur LLC, a provider of healthcare simulation products. The deal expands 3B Scientific’s simulation offering while allowing Wallcur to continue operating under its brand with its headquarters remaining in San Diego, California.

Virgin Pulse announced its intent to merge with HealthComp to create a technology- and data-powered employer health Platform-as-a-Service offering. New Mountain Capital will be the majority owner of the combined entity, with backing/support from Marlin Equity Partners, Blackstone (via Blackstone Credit financing), and Morgan Health. The transaction is expected to close in Q4 2023, subject to regulatory approvals and other closing conditions; financial terms were not disclosed.

Cisco entered into a definitive agreement to acquire Splunk in an all-cash transaction valued at approximately $28 billion in equity value ($157 per share). The combination is intended to strengthen Cisco’s security and observability offerings and accelerate its shift toward more recurring software revenue. The deal is expected to close by the end of the third quarter of calendar year 2024, subject to regulatory and Splunk shareholder approvals.

CERATIZIT S.A., part of the Plansee Group, acquired all shares of Xceliron Corp., a round tool manufacturer specializing in solid carbide cutting tools for aerospace and automotive applications. Xceliron’s founders, Randy Jones and Ric DiOrio, will remain with the business to support integration and continue leading operations as Co-Managing Directors. Financial terms were not disclosed.

Surge Private Equity, LLC formed a new strategic partnership with Elite Clinical Network, LLC (ECN), an integrated network of phase I-IV clinical research sites operating across California, Arizona, and Nevada. The transaction was valued at approximately $200 million and included debt financing provided by affiliates of MGG Investment Group LP.

Framework Solutions acquired Govise, Inc., a provider of medical review services for commercial/promotional and medical materials in the life sciences sector. The deal expands Framework Solutions’ medical, legal and regulatory (MLR) and content review capabilities and is intended to broaden both companies’ global reach. Terms of the transaction were not disclosed.

Shoei Chemical, Inc. and its North American subsidiary Shoei Electronic Materials, Inc. signed and completed a definitive asset purchase agreement to acquire substantially all assets of Nanosys, Inc.'s quantum dot business. As of September 6, 2023, Nanosys’ sales/marketing team, R&D team, and its Silicon Valley laboratories in California became part of Shoei. Shoei will continue operating the Nanosys brand as a supplier of quantum dot materials for next-generation display technologies.

Pfingsten acquired Pacific Lasertec (PLT), a manufacturer of specialty lasers and related power supplies, as its latest platform investment. Headquartered in San Marcos, California, PLT serves end markets including medical diagnostics, semiconductors, scientific R&D, advanced manufacturing, and life sciences, and Pfingsten plans to support growth both organically and through add-on acquisitions.

e.l.f. Beauty signed a definitive agreement to acquire Naturium, a fast-growing skin care brand, for approximately $355 million in a combination of cash and stock. e.l.f. Beauty expects the deal to double its skin care presence to about 18% of retail sales and to be accretive to adjusted EPS in fiscal 2024. Naturium will continue to operate from its headquarters in Los Angeles, California, and the transaction is expected to close around September 30, 2023, subject to customary conditions.

Malwarebytes announced the acquisition of Cyrus, an online privacy solutions company, to expand its consumer-focused security and privacy offerings. The deal brings Cyrus’ team and technology into Malwarebytes to strengthen mobile and online privacy capabilities, including products like Privacy VPN and Browser Guard.

SIB Holdings made a strategic investment in ProcureAmerica, a provider of contingency-based cost reduction and contract compliance services for government, education, and healthcare clients. The investment adds ProcureAmerica to the SIB platform backed by O2 Investment Partners, expanding SIB’s presence in new growth sectors and enabling cross-sell opportunities across broader spend categories.

Pavion, a provider of integrated fire, safety, security, and critical communications solutions, has acquired RFI Enterprises, Inc. The deal expands Pavion’s presence in the western United States and strengthens its fire and security systems integration capabilities. RFI is Pavion’s nineteenth acquisition since Pavion partnered with Wind Point Partners in June 2020.

Salt Creek Capital acquired Capital Building Maintenance Group, LLC and Capital Building Maintenance and Cleaning Services, Inc. (collectively, Capital Building Maintenance), a provider of commercial window washing, construction clean-up, pressure washing, and floor maintenance in the San Francisco Bay Area. Prior owners Eric Huber and Mary Brasher sold the business, and Salt Creek Capital partnered with incoming CEO Mark Ianni to support the company’s next phase of growth.

Tide Rock acquired assets from SIPI Asset Recovery (SIPI ITAD), a division of SIPI Metals Corp., to expand its electronics recycling and IT asset disposition capabilities. SIPI ITAD will be integrated into Tide Rock’s portfolio company Full Circle Electronics, expanding Full Circle’s geographic footprint across the United States and into Mexico and Colombia.

West Coast Lumber (WCL), a regional lumber and building materials supplier launched by Building Industry Partners, acquired San Diego-based Stone Truss, a designer and manufacturer of roof and floor truss systems. The deal expands WCL into structural component manufacturing and broadens its product offering across Southern California. Stone Truss owners Richard Thomas and Charlie Signorino will remain with the business as it continues operating from its North San Diego County facility.

Angeles Equity Partners, LLC acquired Custom Goods, LLC, an asset-light third-party logistics (3PL) provider offering warehousing, value-added fulfillment, and transportation solutions across the United States. Custom Goods will partner with Angeles and its management team to pursue organic growth and follow-on M&A; financial terms were not disclosed. Custom Goods was previously owned by Soundcore Capital Partners alongside the management team.

Springer Nature has acquired protocols.io, a secure online platform for developing, sharing, and collaborating on reproducible scientific methods. The acquisition will integrate protocols.io into Springer Nature’s expanding Solutions business and strengthen its open research and protocol-sharing offerings.

One Rock Capital Partners completed the sale of Kova International, a developer and manufacturer of in vitro diagnostic products for clinical laboratories, to LGC Group. Kova is headquartered in Garden Grove, California and operates product lines in urinalysis controls and toxicology controls. Financial terms were not disclosed.

ALKEME announced the acquisition of Paul Kinan Insurance Group and Wiggans Farha Insurance Group, both full-service insurance agencies operating in California and Kansas, respectively. The deal expands ALKEME’s national insurance brokerage platform, adding additional property and casualty insurance capabilities and regional presence.

Go Rentals entered into a definitive agreement for a significant investment from RedBird Capital Partners, with Main Street Advisors also participating alongside RedBird. Transaction terms were not disclosed, and Go Rentals’ co-founders Kavous and Kaye Gitibin will continue to lead the company with RedBird representatives joining the board.

Comvest Partners acquired Your Behavioral Health, a behavioral health services platform headquartered in Torrance, California. Your Behavioral Health provides mental health and addiction treatment services across 17 facilities in Southern California and will continue to be led by co-founders Mike Joly and Dr. Martha Koo alongside the existing management team.

Levine Leichtman Capital Partners (LLCP) announced an investment in SEV, a manager and operator of medical spas offering laser hair removal, injectables, body contouring, and other aesthetic services. SEV will continue to be led by founder and CEO Sevana Petrosian along with the existing management and clinical teams. Financial terms were not disclosed.

Resource Label Group, LLC (RLG) acquired Pharmaceutic Litho and Label Company (PLLC), a manufacturer of printed inserts, labels, and packaging components for pharmaceutical, biotech, and medical device manufacturers. PLLC will combine efforts with RLG’s recently acquired MedLit Solutions to expand RLG’s national capabilities serving the pharmaceutical and healthcare industries.

EarthWise Pet has agreed to acquire California-based PET DEPOT, expanding EarthWise Pet’s systemwide footprint to more than 200 locations. PET DEPOT operates pet retail franchises and complementary veterinary hospitals, and the acquisition adds the PET DEPOT banner (along with related services) to EarthWise Pet’s portfolio of pet franchise concepts.

Bowman Consulting Group Ltd. acquired Advanced Applied Engineering, Inc., dba Infrastructure Engineers, a California-based professional engineering and municipal infrastructure services firm headquartered in Brea. The deal expands Bowman's public sector infrastructure design and construction management consulting capabilities and increases its presence in Southern and Central California. The acquisition was financed with a combination of cash, seller notes, and equity and is expected to be immediately accretive.

Hiphen announced it is acquiring SlantRange, combining two agriculture technology companies focused on remote sensing, computer vision, and AI. The combined business will operate globally under the Hiphen brand to expand advanced crop measurement and prediction solutions for crop science companies and agricultural enterprises.

Ivy Fertility, a reproductive technology and IVF network, announced that it has acquired NOVA IVF, a fertility and IVF practice based in Mountain View, California. NOVA IVF, founded in 1987 and led by physicians Richard Schmidt, M.D. and Meera Shah, M.D., FACOG, provides IVF and related fertility services including egg donation, egg freezing, gestational surrogacy, and preimplantation genetic testing.

KeHE Distributors announced plans to acquire DPI Specialty Foods, a western U.S. specialty foods distributor, expanding KeHE’s footprint and strengthening its fresh food, warehousing, and logistics capabilities. DPI is being acquired from Arbor Investments; financial terms and timing were not disclosed and the transaction is subject to regulatory approval and customary closing conditions.

Anser Advisory announced it has acquired Gafcon Digital, a software-agnostic digital model integrator specializing in digital twin solutions for building and infrastructure owners. The deal expands Anser Advisory’s technology and digitalization capabilities across the full building lifecycle, from planning and construction through operations. Anser Advisory is a portfolio company of Sterling Investment Partners.

HyreCar Inc. announced it will sell substantially all of its assets to carsharing marketplace leader Getaround, with the transaction expected to close on or about May 15, 2023. The deal combines HyreCar’s gig-focused carsharing service with Getaround’s connected, contactless carsharing platform to expand vehicle access and marketplace reach for gig economy drivers and vehicle owners.

Bishop Lifting Products, a portfolio company of Altamont Capital Partners, acquired General Work Products (GWP), a provider of safety-critical cordage, rope, and fall protection products. Stellus Capital Management affiliates provided senior debt financing and an equity co-investment to support the transaction. The deal represents Bishop’s fifth add-on acquisition since Altamont acquired the platform in February 2022, and GWP will continue operating under its brand across five locations.

Gilead Sciences, Inc. announced it has acquired all outstanding shares of XinThera, a privately held biotechnology company headquartered in San Diego, California. The deal adds XinThera’s small-molecule inhibitor portfolio targeting PARP1 (oncology) and MK2 (inflammation) to Gilead’s early-stage pipeline; financial terms were not disclosed.

Flagship Facility Services acquired Managed Lab Services (MLS), a lab services company headquartered in San Diego, California. The deal expands Flagship’s Lab Services unit by adding MLS’s laboratory support capabilities such as vendor-managed inventory, lab support, project management, and IT operations, strengthening Flagship’s offering for early-stage biotech customers.

Palladium Equity Partners and its joint venture affiliate Palladium Heritage partnered with management to create Collision Auto Parts LLC through the simultaneous acquisition and combination of three automotive aftermarket collision repair parts distributors: National Auto Parts, USA. Inc., NAP San Diego, LLC, and National Auto Parts-Oakland, LLC. The combined company will operate six distribution facilities across New Mexico and California serving collision repair customers in the Western United States. Financial terms were not disclosed.

Paragraf, Ltd. acquired Cardea Bio, the developer of the graphene-based CRISPR-Chip biosensor technology used in CRISPR QC's CRISPR Analytics Platform. The deal is intended to scale manufacturing and strengthen technology capabilities, ensuring reliable supply of CRISPR-Chips and supporting growth in the gene editing market.

ICR, a strategic communications and advisory firm, has acquired Lumina Communications, a B2B technology-focused PR and communications firm. Lumina will join ICR’s Technology & Modern Mobility PR practice, expanding ICR’s capabilities and scale in technology communications and providing Lumina clients access to ICR’s broader integrated services platform.

Red Arts Capital announced that its portfolio company, Partners Warehouse, completed an add-on acquisition of FLEX Logistics, a third-party logistics (3PL) warehousing provider. FLEX Logistics, headquartered in Eastvale, California, operates nearly 900,000 square feet of warehousing space and supports customers with West Coast warehousing and distribution services across several end markets.

PopReach Corporation acquired 100% of the issued and outstanding stock of Schiefer Media, Inc. (Schiefer ChopShop / SCS), a brand transformation and data-first digital agency. The transaction value is up to approximately US$14.9 million, paid through a mix of cash, debt instruments, subsidiary shares exchangeable into PopReach shares, and potential earn-out payments over two years.

Voluware, Inc. announced a capital investment from private equity firm Hughes & Company. The funding will support Voluware’s product innovation, payer coverage expansion, client onboarding and support, and broader strategic partnerships for its cloud-based prior authorization automation platform.

Sound Partners LLC, a lower-middle market private equity fund, acquired Marathon HVAC Service, a residential HVAC services provider headquartered in Los Angeles, California. The acquisition launches a residential HVAC platform for Sound Partners in the high-growth Southern California market, with plans to expand through organic growth and additional acquisitions. Financial terms were not disclosed.

Shift7 Digital, a portfolio company of RLH Equity Partners, has been acquired by Merkle, Inc., a member of Dentsu Group. Shift7 provides digital, ecommerce, and customer experience modernization services for B2B manufacturers and distributors, and will continue its growth with Merkle’s resources across data, analytics, commerce, and marketing transformation.

M&A Healthcare Advisors (MAHA) announced the sale of Hoover Pharmacy, a specialty and retail pharmacy serving patients in the San Francisco Bay Area, to CVS. As part of the transaction, Hoover Pharmacy's files were acquired by CVS and patients will receive dispensing services at CVS's local Palo Alto branch.

Hasa, Inc., a portfolio company of Wind Point Partners, acquired Orenda Technologies, a manufacturer and supplier of professional-grade, eco-friendly specialty pool chemicals. The acquisition expands Hasa’s specialty water treatment product portfolio and broadens its geographic reach to recreational water treatment customers across the continental United States.

Splashtop has acquired Foxpass, a cloud-based identity-centric network and server access management provider, to broaden its remote access and security portfolio. Foxpass will remain a brand and product line within Splashtop, and Splashtop plans to retain Foxpass employees and invest in accelerating the Foxpass product roadmap. Financial terms were not disclosed.

Hewlett Packard Enterprise (HPE) entered into a definitive agreement to acquire OpsRamp, an IT operations management (ITOM) company focused on monitoring, automation, and management of hybrid and multi-cloud environments. OpsRamp’s platform will be integrated with the HPE GreenLake edge-to-cloud platform to expand GreenLake into IT Operations Management and help customers reduce complexity across multi-vendor, multi-cloud estates. The deal is expected to close in HPE’s fiscal third quarter of 2023, subject to regulatory approvals and customary conditions.