Acquisitions in Kentucky, United States

Reliable Energy Partners, backed by Soundcore Capital Partners, has acquired Irvington Gas, LLC, a bulk-propane distributor. The deal expands Reliable’s propane distribution footprint to six states and represents the fifth acquisition since the platform was formed in November 2025. Terms of the transaction were not disclosed.

Pape-Dawson acquired Kentucky-based civil engineering firm Prism Engineering. Prism Engineering provides civil engineering services for commercial, industrial, and residential development projects, and the deal marks Pape-Dawson’s inaugural expansion into Kentucky as part of its continued U.S. growth.

Connect Media, a privately held Los Angeles-based B2B media company, acquired Networld Media Group, a Louisville, Kentucky-based business-to-business media company covering restaurant, retail, banking, and technology markets. The deal became effective January 30, 2026, and financial terms were not disclosed. Following the acquisition, Connect Media will integrate Networld’s team and portfolio of websites, events, podcasts, and awards, with Connect founder and CEO Daniel Ceniceros leading the combined company as CEO.

Demeetra AgBio announced it has completed and fully integrated its acquisition of Hera BioLabs, with the transaction completed on June 1. Through the deal, Demeetra secured expanded rights to the hyperactive Super piggyBac transposase platform and consolidated commercial licensing and access under Demeetra.

MEI Industrial Solutions acquired CCI Industrial Services, an industrial services provider headquartered in Somerset, Kentucky with additional operations in Somerset and Glasgow. The acquisition expands MEI’s footprint in the Southeast and adds equipment-level electrical capabilities to complement MEI’s rigging, machinery moving, millwrighting, and related industrial services. MEI is a portfolio company of Olympus Partners; financial terms were not disclosed and CCI’s leadership team will remain in place.

Atmus Filtration Technologies Inc. closed its acquisition of Koch Filter Corporation from Air Distribution Technologies, Inc. (ADTi), a Truelink Capital portfolio company, for approximately $450 million in cash (subject to customary purchase price adjustments). The deal expands Atmus into industrial air filtration end-markets including commercial and industrial HVAC, data centers, and power generation, and establishes Atmus’ new Industrial Solutions segment.

GALLS, a distributor of uniforms and equipment for public safety professionals, acquired DesignLab, Inc., a regional supplier of public safety uniforms and gear. The deal expands GALLS’ footprint in the Southeast, adding six retail locations across South Carolina and Florida and enhancing capabilities including uniform program management and screen-printing.

MCF Advisors LLC, a Kentucky-based registered investment adviser, acquired Accredited Wealth Management LLC, a Louisville-based fee-only RIA with $178 million in assets under management. The deal expands MCF’s presence in Louisville and adds financial planning and investment management capabilities, bringing MCF’s total AUM to approximately $3.9 billion. The acquisition is MCF’s first transaction since taking an equity investment from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform; financial terms were not disclosed.

Burnout Brands, a portfolio company of performance automotive aftermarket brands, acquired Brian Tooley Racing (BTR), a Kentucky-based manufacturer of high-performance camshafts, valvetrain components, and intake manifold engineering. The deal adds BTR to Burnout Brands’ existing portfolio alongside Monster Transmission, BD Diesel, and D&J Precision Machine. The acquisition was completed from BTR’s employees, with founder Brian Tooley joining Burnout Brands to support continued growth and product innovation.

Valor Exterior Partners, a portfolio company of Osceola Capital, announced the acquisitions of Unisource Roofing and A. Caspersen Co. The deals expand Valor’s residential roofing and exterior home services footprint into Kentucky/Southern Indiana and strengthen its presence in Northeast Ohio.

ASSA ABLOY acquired Metal Products Inc. ("MPI"), a U.S. manufacturer of custom-made hollow metal doors and frames. MPI, founded in 1980, is headquartered in Corbin, Kentucky and employs about 170 people; it generated approximately $22 million in 2024 sales. ASSA ABLOY said the deal strengthens its access solutions offering in the U.S. and will be accretive to EPS from the start.

Confluent Health announced a partnership adding Commonwealth Hand & Physical Therapy, a Kentucky-based practice with six clinics across the state, to its national musculoskeletal (MSK) care network. Commonwealth will continue operating under its local brand while gaining access to Confluent Health’s management services, practice enablement resources, and clinician education programs, expanding Confluent’s footprint to more than 820 sites of care in the United States.

Waystar Holding Corp. (Nasdaq: WAY) announced the successful completion of its acquisition of Iodine Software, combining Waystar’s cloud-based healthcare payment platform with Iodine’s AI-powered clinical intelligence. Waystar expects the deal to expand its total addressable market by more than 15% and to be accretive to margins, with additional revenue and earnings benefits anticipated over time.

Hoffmann Family of Companies (HF Companies) announced the acquisition of Derby Fabricating Solutions, LLC, a manufacturer of die-cut nonmetallic materials and NVH control solutions serving automotive and appliance customers. Derby operates four production facilities across Kentucky, Ohio, and Michigan, and the deal expands Hoffmann’s manufacturing portfolio and supports Derby’s growth with Hoffmann’s resources.

SpringGreen announced that Chad and Andrea Davis, joined by Chuck Day, became the new franchise owners for SpringGreen in Richmond, Kentucky. The group is transitioning an existing local mowing/landscaping operation into a SpringGreen franchise to expand lawn, tree, and pest care services in the market.

Louisville Brands acquired Louisville Vegan Jerky Company, a Render Capital Fund 1 portfolio company. The deal adds the plant-based snacking brand to Louisville Brands’ consumer packaged goods portfolio as it continues building a scalable platform of food, beverage, and lifestyle brands.

Inszone Insurance Services acquired Lexington Insurance Agency, an independent insurance agency based in Lexington, Kentucky, marking Inszone’s entry into the Kentucky market. Lexington Insurance Agency, founded in 1952 and led by owner Kevin O. Stinnett, will continue serving clients with the same local team while gaining access to Inszone’s broader carrier network, tools, and nationwide support.

Broadwing Capital portfolio company LEHR acquired L&W Emergency Outfitters and Alaska Safety Inc., expanding its national emergency vehicle upfitting services platform and adding personal protective equipment offerings. The acquisitions broaden LEHR’s geographic footprint, adding coverage in the U.S. Midwest through L&W and extending presence into Alaska via Alaska Safety.

OCo Capital Management acquired CMS Utility Services, Inc., a Shepherdsville, Kentucky-based provider of pole rack installation services and the proprietary CMS Portable Pole Rack System used across the utility industry. Founder Glenn Wilson pursued the sale as part of a retirement transition, with Small Business Deal Advisors serving as M&A advisor. Transaction terms were not disclosed.

Machitech, a Quebec-based manufacturer of custom industrial cutting systems, acquired Plant Technical Services, Inc. dba Victory CNC Plasma Systems, a U.S. CNC plasma cutting systems manufacturer. The deal closed on September 2, 2025 and is intended to expand Machitech’s U.S. capabilities with additional manufacturing capacity, an experienced American team, and stronger local support.

CORE Industrial Partners completed an investment in Edwards Moving & Rigging, a provider of heavy hauling and rigging services serving power generation, manufacturing, and infrastructure/construction end markets. Headquartered in Shelbyville, Kentucky, Edwards specializes in superheavy and oversized loads and provides turnkey project management and engineering solutions. The investment represents a new platform investment for CORE in industrial services.

Bourdon Spirits Company, a family-owned spirits company based in Louisville, acquired Copper & Kings American Brandy Company from Constellation Brands. Copper & Kings will continue producing spirits at its Louisville distillery, with plans to enhance the visitor experience and expand national distribution. The transaction closed on August 5, 2025.

Fenix Parent LLC, operating as Fenix Parts, announced the acquisition of Grade A Auto Parts, an automotive recycler with a strong presence across the Midwest and Central United States. The deal expands Fenix’s recycling and distribution footprint and adds customer support capabilities in the region. As part of the transaction, Grade A CEO Sean Garber will join Fenix’s Board of Directors.

Armada Materials, a producer of aggregates, asphalt and infrastructure materials, acquired Drake's Creek Stone in Franklin, Kentucky. The quarry, formerly part of Charles DeWeese Construction, expands Armada’s aggregates business and strengthens its presence serving northern Tennessee and southern Kentucky.

Xerox Holdings Corporation completed its acquisition of Lexmark International (Lexmark International II, LLC) for $1.5 billion (inclusive of net debt and assumed liabilities). Lexmark was acquired from Ninestar Corporation/Group Company Limited and its investor group including PAG Asia Capital and Shanghai Shouda Investment Centre, expanding Xerox’s print and managed print services capabilities and global footprint.

Hilb Group acquired a Kentucky-based multi-line insurance agency, effective July 1, 2025. The deal expands Hilb Group’s footprint into Kentucky and enhances its service offerings across the Midwest and Central regions.

Leap Partners acquired Air Control Heating and Air Conditioning, an HVAC services provider based in Lexington, Kentucky. Air Control will continue operating under its existing brand, with owner Herbie McGaughey continuing to lead the business following the transaction.

Smart Care, a Wind Point Partners portfolio company, acquired Mr. C Refrigeration, Inc., a commercial refrigeration and HVAC installation, repair, and preventative maintenance provider. The deal closed on June 18, 2025, and expands Smart Care’s commercial refrigeration capabilities in Kentucky and the surrounding Central/South-Central U.S. region as Mr. C joins Smart Care’s Climate Solutions business.

Cheetah Clean Auto Wash announced the acquisition of two former Zips Car Wash locations in Bowling Green and Owensboro, Kentucky. The sites will be rebranded and modernized, with plans to reopen in late summer 2025, expanding Cheetah Clean’s regional footprint.

Wastequip, based in Charlotte, North Carolina, has acquired Foster Hydraulics, a family-owned hydraulic cylinder manufacturer headquartered in Louisville, Kentucky. The deal is intended to expand Wastequip’s in-house cylinder manufacturing capacity, improve lead times, and strengthen support for its OEM and Wastebuilt aftermarket product lines, alongside the expansion of its Amrep subsidiary brand.

ACE Mt. Washington, LLC, operated by Mafaz Ansar, acquired Stout's ACE Hardware (also known as Stout's Feed Store), a long-standing local hardware retailer in Mount Washington, Kentucky. The transaction closed on May 22, 2025, with Generational Group serving as M&A advisor to the seller.

EP Wealth Advisors, a national fee-only registered investment advisor, acquired AlphaMark Advisors, a Fort Wright, Kentucky-based RIA, in a transaction that closed on April 11, 2025. The deal expands EP Wealth’s presence in the Midwest (including Ohio and northern Kentucky) and adds roughly $385–$410 million in assets under management; financial and legal terms were not disclosed. Houlihan Lokey served as exclusive financial advisor to AlphaMark.

GALLS, a leading U.S. uniform and tactical gear supplier for public safety and military professionals, announced the acquisition of Her BlueWear Uniforms. The deal adds Her BlueWear’s women-specific, tailored law-enforcement uniform products to the GALLS portfolio and is intended to scale distribution and expand the product line (including tailored shirts) for female first responders.

TXO, a global provider of sustainable technology lifecycle solutions, expanded its North American presence by adding the AirWay Group of companies, a provider of network infrastructure products and services for telecom and broadband customers. AirWay will continue to operate under the AirWay name, while its CEO Tom Eaton becomes CEO of TXO Americas to lead the group’s US operations.

Valicor Environmental Services acquired Affordable Waste Management, Inc., the Louisville-area wastewater and sludge-hauling operations of Grasslands Environmental Services. The deal expands Valicor’s Midwest footprint and strengthens its capabilities in non-hazardous wastewater treatment, including leachate and sludge hauling, processing, and recycling. Valicor is part of the Pritzker Private Capital family of companies.

Mercer Global Advisors, Inc. (Mercer Advisors) acquired D. Scott Neal, Inc., a Kentucky-based financial planning and investment management firm with more than $300 million in assets under management. The transaction marks Mercer Advisors’ first partnership in Kentucky, expanding its presence in the Lexington and Louisville markets. Houlihan Lokey served as exclusive financial advisor to D. Scott Neal, Inc. on the deal.

Neace Ventures announced the acquisition of J&J Transportation Consultants and Thoroughbred Transportation, two logistics companies headquartered in Louisville, Kentucky. The acquisitions expand Neace Ventures’ logistics operations under Talon Logistics by adding cross-docking, warehousing, and multi-stop shipment services, along with additional warehouse capacity and carrier coverage.

Infinium Spirits acquired Howler Head, a Kentucky Straight Bourbon Whiskey with natural banana flavor, from Monkey Spirit, LLC. Infinium plans to invest in marketing, expanded distribution, and innovation to grow the Howler Head brand globally. Howler Head had previously been distributed worldwide by Campari Group.

Celsius Holdings, Inc. entered into a definitive agreement to acquire Alani Nutrition LLC (Alani Nu) for $1.8 billion (including $150 million in tax assets), implying a net purchase price of $1.65 billion paid via a mix of cash and stock. The transaction combines the CELSIUS and Alani Nu brands into a larger better-for-you, zero-sugar functional beverage platform, and Alani Nu will operate within Celsius post-close. Celsius completed the acquisition on April 1, 2025.

Bluespring Wealth Partners announced that it has acquired Reliant Wealth Planning, an independent wealth management and financial advisory firm headquartered in Louisville, Kentucky. Reliant oversees more than $560 million in assets under management and will join the broader Kestra ecosystem through Bluespring.

Nautic Partners, LLC, in partnership with the business’s management team, completed the acquisition of Berry Global Group, Inc.’s Specialty Tapes business and launched the standalone company under the new brand name Vybond. Headquartered in Franklin, Kentucky, Vybond manufactures pressure-sensitive specialty tapes and adhesives for industrial and specialty end markets, with additional operations in Riverhead, New York and Bristol, Rhode Island.

Stukent, a provider of experiential learning products including Simternships and courseware, acquired BusinessU, an interactive curriculum platform for high school business classrooms. The deal expands Stukent’s subject offerings and integrates BusinessU’s customizable, standards-based courseware into Stukent’s education tools; Stukent is a portfolio company of Tritium Partners.

Casey's announced it has completed the acquisition of Wow! Foodmart and its affiliated retail portfolio in central Kentucky. The acquired assets include one travel center, seven convenience stores, and four liquor stores located between Lexington and Richmond, largely along the Interstate 75 corridor. Downstream Energy Group served as exclusive M&A advisor to the seller in the transaction.

Visterra Landscape Group acquired Cru Cutters, a commercial landscaping company based in Florence, Kentucky; financial terms were not disclosed and the deal is effective immediately. The tuck-in acquisition strengthens Visterra’s Northern Kentucky presence and supports expansion of services for its partner companies GroundsPRO and Oberson’s, including commercial landscaping and snow and ice removal.

Centro Inc. acquired LECORP in a deal finalized in January 2025. Paducah, Kentucky-based LECORP provides system design, equipment supply, and construction services for dry bulk material handling, process solutions, and dust control, expanding Centro’s capabilities and regional presence in the southeastern United States.

AgroLiquid announced it will acquire Monty’s Plant Food Company, a Louisville-based specialist in soil health and plant nutrition technology, effective January 1, 2025. The deal combines AgroLiquid’s liquid fertilizer capabilities with Monty’s humic and soil enhancement expertise while both brands continue operating independently through the 2025 growing season. Post-close, Monty’s Plant Food will remain privately owned and continue to be led by CEO Jeff Sangalli.

Architect Equity acquired 100% of the equity interests of Gibbs Die Casting Corporation from Koch Enterprises, Inc. (KEI), with the transaction closing in January 2025. Gibbs, founded in 1965 and headquartered in Henderson, Kentucky, manufactures precision die-cast, machined and assembled aluminum components primarily for automotive and industrial end markets; financial terms were not disclosed.

Limbach Holdings, Inc. (Nasdaq: LMB) acquired Consolidated Mechanical, Inc. (CMI), a full-service mechanical contractor founded in 1984 and headquartered in Owensboro, Kentucky. Limbach paid $23 million at closing (subject to working capital adjustments), with performance-based contingent earn-outs of up to $2 million over two years; CMI is expected to add approximately $23 million of annualized revenue and about $4 million of EBITDA beginning in 2025.

Savant Wealth Management announced it has acquired Sortino Advisory Partners, a Louisville, Kentucky-based fee-only registered investment adviser with $239 million in assets under management. The deal closed on September 30 and terms were not disclosed. Sortino principals Daniel J. Hutcherson and Stephen A. Heitz will join Savant as financial advisors, managing directors, and member-owners.

An affiliate of American Industrial Acquisition Corporation (AIAC) acquired KI USA Corporation from Japan-based Keiaisha Co., Ltd. KI USA manufactures metal stamped and welded automotive assemblies with electrodeposition coating, operating a facility in Berea, Kentucky, and a subsidiary operation in Irapuato, Guanajuato, Mexico. Keiaisha will provide technical support during the transition to ensure continuity for KI USA’s customers.

Michelli Weighing & Measurement ("Michelli"), a portfolio company of Summit Park, announced it has recapitalized and acquired American Scale, LLC, a provider of industrial weighing services and equipment. The transaction expands Michelli’s footprint into Kentucky and Indiana and strengthens its nationwide calibration, maintenance, and equipment service capabilities.

KSC Holdings acquired Stansbury Electric Co., a family-owned electrical contracting company serving residential and commercial customers in the Louisville area. The transaction closed on November 8, 2024, with Generational Group advising Stansbury Electric on the sale.

Battery Ventures made a strategic, majority growth investment in QSR Automations, a restaurant technology solutions provider. The investment is intended to accelerate QSR Automations’ product innovation and market expansion, and includes leadership changes with Battery Executive-in-Residence Robbie Payne becoming CEO.

Lark Electric acquired May Electric, combining two long-standing electrical contractors in Owensboro. The deal adds May Electric’s industrial electrical, controls, and automation capabilities to Lark Electric’s commercial and residential focus, and includes plans to create a downtown apprenticeship training center in part of May Electric’s existing building in partnership with Owensboro Community & Technical College.

Flagger Force, a short-term traffic control services provider backed by Blue Sea Capital, acquired Louisville, Kentucky-based NTC Traffic Control on October 14, 2024. The deal expands Flagger Force’s geographic footprint into Kentucky and supports broader growth across the Midwest, adding NTC’s traffic management capabilities including advanced operations and emergency response.

Redeux Energy Partners LLC sold a utility-scale hybrid solar and battery energy storage development project (200 MWdc solar and 160 MWh storage) in western Kentucky to Scout Clean Energy. Scout Clean Energy, a Brookfield Asset Management portfolio company, will advance the project through later-stage development, financing, and construction; Marathon Capital advised Redeux on the sale.

Republic Financial, a Morris Industries company, added SLP Financial to its portfolio. The partnership expands Republic Financial’s insurance and risk management offerings, including adding mortgage protection services, while allowing SLP Financial to continue providing insurance solutions nationwide.

Blue Compass RV announced it has acquired Patriot RV in the Lexington, Kentucky market. The acquired dealership has been rebranded as Blue Compass RV and will expand Blue Compass RV’s retail and service presence in the region.

AWI Holdings, LLC (Auto-Wares), a portfolio company of Kinderhook Industries, announced a partnership to acquire Moog Louisville Warehouse, Inc., a warehouse distributor of automotive parts and supplies serving the greater Louisville, Kentucky and southern Indiana markets. The transaction adds Moog’s operations (including its Bumper to Bumper stores and 20 locations) to the Auto-Wares platform; financial terms were not disclosed.

Apogee Enterprises, Inc. entered into a definitive agreement to acquire UW Interco, LLC (doing business as UW Solutions) from Heartwood Partners for approximately $240 million in cash (reported as $242 million upon closing). UW Solutions is a vertically integrated manufacturer of high-performance coated substrates and advanced surface-coated products used in graphic arts and building/warehouse applications, and will be integrated into Apogee’s Large-Scale Optical segment.

Buske Logistics, a portfolio company of private equity firm Fourshore Partners, acquired Hydra Warehouse and Transportation, an integrated logistics provider serving the bourbon/distilled spirits and food processing industries. The deal expands Buske’s footprint in Kentucky and southern Indiana and adds Hydra’s five warehouses totaling nearly 1.5 million square feet.

Kian Capital-backed Team Air Distributing completed the acquisition of Best Choice Supply (BCS), a family-owned HVAC wholesale distributor serving the Lexington and Somerset, Kentucky markets. The deal expands Team Air’s parts and supplies offering and adds custom metal fabrication capabilities, further scaling its HVAC distribution platform in the region.

Five Star Breaktime Solutions acquired Top of the Line (TOTL) Food Service, a family-owned vending, micro market, and office coffee services provider serving the greater Louisville area. The deal expands Five Star’s footprint in Kentucky and includes plans to retain several TOTL employees to ensure a smooth customer transition as founder Tom Williams retires.

PCF Insurance Services acquired the insurance business of Kentucky Health Solutions, an insurance provider based in Lexington, Kentucky. The Kentucky Health Solutions team will join PCF’s Louisville-based Maverick Insurance Group, expanding local service offerings and adding health, life, dental, and Medicare-focused coverage capabilities alongside Maverick’s property and casualty solutions.

Kian Capital-backed PARC Auto expanded its Meineke Car Care Center franchise platform, growing from 15 to 35 locations since July 2023 through new store openings and four strategic acquisitions. The acquisitions helped PARC Auto enter and expand across multiple U.S. markets including Florida, Indiana, Texas, and the Portland, Oregon metropolitan area.

MEM Capital LLC announced it has acquired Mountain Life Insurance Company and Kentucky Home Life Insurance Company. Both insurers will continue operating from their home offices in Lexington, Kentucky with their existing executive team and personnel. Following the acquisition, Mountain Life plans to expand its offerings by introducing annuity products in the near future.

Knack Global, a tech-enabled healthcare revenue cycle management (RCM) provider backed by investment partner LKCM Headwater, acquired Merrick Management, Inc., an anesthesia-focused RCM, practice management, accounting, and tax services firm founded in 1975. The deal expands Knack into the anesthesia RCM market and establishes a new Anesthesia Services division, with Merrick’s management team continuing in leadership roles.

Riot Platforms, Inc. acquired Block Mining, Inc., a Kentucky-based vertically integrated Bitcoin miner, for $92.5 million in total consideration at closing, consisting of $18.5 million in cash and $74 million in Riot common stock. The deal adds 60 MW of operational capacity across two Kentucky sites (with expansion potential under existing agreements) and includes an earn-out of up to $32.5 million tied to executing additional power purchase agreements through 2025.

Quad Capital Partners, LLC (QCP) acquired Worldwide Technologies, LLC (WWT), a Kentucky-based precision CNC machining and fabrication manufacturer with facilities in Franklin and Glasgow. Founded in 2006 by Mike Jones and Kenny Whitworth, WWT will serve as a flagship operation in QCP’s portfolio, with the sellers supported by Benchmark International as M&A advisor.

UES, a national engineering and consulting company, acquired Consulting Services Incorporated (CSI), a Lexington, Kentucky-based consulting firm specializing in engineering and construction science with an additional office in Cincinnati, Ohio. The acquisition expands UES’ Midwest region and adds CSI’s geotechnical engineering, drilling, testing, inspection, and environmental services; CSI’s leadership team will continue to run day-to-day operations.

Flow Service Partners (FSP) announced the acquisition of Dynamic Air Solutions, a commercial and industrial HVAC services provider based in Louisville, Kentucky. The deal expands Flow’s commercial HVACR service capabilities and increases its operational density in Kentucky and southern Indiana. Flow Service Partners is backed by RLJ Equity Partners (affiliate of The RLJ Companies) and LP First Capital; financial terms were not disclosed.

Cabinotch, an Owensboro, Kentucky-based provider of woodworking solutions, announced it has acquired KCD Software, a supplier of CNC manufacturing software. The deal terms were not disclosed. Cabinotch said it plans to enhance and expand KCD Software’s offerings while retaining KCD Software’s employee team in their current roles.

Black Mountain Software, a provider of accounting and billing software for local government organizations, acquired Fiscalsoft, a market leader in accounting and payroll software for local governments. The deal value was not disclosed, and the acquisition expands Black Mountain Software’s local government ERP portfolio and establishes a presence in Kentucky.

Highstreet Insurance Partners (Highstreet) announced its acquisition of RISE Partners (RISE), an independent insurance agency headquartered in Louisville, Kentucky. Transaction terms were not disclosed, and RISE Founder and President Mike Arnold will continue to lead the business with support from Highstreet leadership.

Capitol Pain Institute (CPI), backed by private equity firm Iron Path Capital, acquired Pain Care Surgery of Louisville, an ambulatory surgical center in Louisville, Kentucky. The acquisition expands CPI’s ability to provide advanced interventional pain procedures in Kentucky and strengthens its regional footprint, including adding access to an ASC near CPI’s clinic locations.

West Physics Consulting, LLC completed the purchase of the medical physics service division of Tricord, Inc., a radiation safety and physics services provider based in Paducah, Kentucky. The transaction expands West Physics’ diagnostic physics testing and medical/health physics services footprint, particularly across western Kentucky and surrounding regions, while Tricord continues operating its industrial health physics business under the Tricord name.

Core & Main Inc. entered into a definitive agreement to acquire substantially all of the assets of Geothermal Supply Company Inc. (GSC). GSC is a distributor and fabricator of high-density polyethylene (HDPE) pipe and related products serving geothermal, water, and sewer markets from its Kentucky location.

The Rawlings Group, a technology-enabled coverage analytics and payment integrity provider for health plans, announced a strategic growth investment from affiliates of New Mountain Capital. New Mountain will partner with Rawlings’ management team to support the company’s next phase of growth, including investments in artificial intelligence, product development, and expansion into new markets and capabilities.

CID Capital announced the merger of its portfolio companies Wiseway Supply and Park Supply, creating a super-regional plumbing and electrical wholesale distributor. The combined business will operate under CID’s ownership with Mark Christie appointed CEO, aiming to capture synergies across distribution networks, product offerings, and operations.

Software Mind, a subsidiary of Ailleron Group, acquired 100% of the shares of Prosoft LLC, the US-based technology company that owns and operates under the number8 brand. Prosoft/number8 provides software development and consulting services and employs about 330 IT professionals, with the deal valued at approximately $40.6 million plus a potential earn-out.

Access Information Management, a portfolio company of Berkshire Partners and GI Partners, acquired Triyam, a healthcare-focused data management software business. The deal accelerates Access’ expansion into electronic health records (EHR) and archival digital records management, with Triyam continuing to operate largely independently within Access’ Digital Solutions business. Financial terms were not disclosed.

Koppers Utility and Industrial Products Inc. (UIP), a wholly owned subsidiary of Koppers Holdings Inc., signed an agreement to acquire substantially all assets of Brown Wood Preserving Company, Inc. and certain affiliates for approximately $100 million in cash. Brown Wood manufactures and sells pressure-treated wood utility poles and will be operated as part of Koppers Utility and Industrial Products after closing, which is expected in the second quarter of 2024.

Cintas Corporation acquired SITEX, a family-owned Kentucky-based supplier of uniform and facility service programs founded in 1961 by the Sights family. SITEX operates from five locations and services customers across a four-state region including Illinois, Indiana, Kentucky, and Tennessee.

EarthLink announced the strategic acquisition of QX.net, a leading Kentucky-based fixed wireless internet provider. The deal expands EarthLink’s business services portfolio in Kentucky, adding QX.net’s dedicated wireless network and offerings such as internet, voice, data center, and SD-WAN services. The acquisition is effective immediately and follows EarthLink’s other recent fixed-wireless acquisitions, including One Ring Networks and Telegia.

GALLS completed the acquisition of LVI, a third-party logistics (3PL) partner serving U.S. military and Defense Logistics Agency (DLA) programs. The deal expands GALLS’ capabilities in military logistics and end-to-end supply chain solutions, strengthening its presence in the military and defense sector.

W. Capra signed a letter of intent and subsequently closed the acquisition of Impact 21 Group, LLC (Impact 21), a business transformation consulting firm serving specialty retail, convenience, and energy channels. The combined organization will operate from W. Capra’s Chicago, Illinois headquarters while maintaining Impact 21 offices in Lexington, Kentucky and Tampa, Florida, expanding W. Capra’s end-to-end strategy-to-implementation consulting capabilities. Financial terms were not disclosed.

Worthington Enterprises, Inc. acquired an 80% ownership stake in an affiliate of HALO Products Group, adding HALO-branded pizza ovens, pellet grills, griddles, and accessories to its outdoor living portfolio. HALO, founded in 2020 and headquartered in Elizabethtown, Kentucky, is an asset-light consumer products business that generated approximately $7 million of net revenue in 2023 and employs about 25 people.

Thermal Technology Distribution Solutions (TTDS), a Gryphon Investors-backed platform for distributing industrial temperature management products, acquired Proheat Inc., a distributor of heaters, sensors, controls, and technical support to manufacturers. Proheat’s management team, led by President & CEO Steven W. Button, will remain in place and retain a significant equity stake. Financial terms were not disclosed.

Innovative Office Products (IOP) announced it has acquired CompuCaddy, a Louisville, Kentucky-based manufacturer of medical computer carts and cart workstations for healthcare facilities. The acquisition expands IOP’s presence in the healthcare market, with CompuCaddy continuing to operate under its brand and maintaining manufacturing operations in Louisville.

Kindeva Drug Delivery, an operating company of Altaris, acquired Summit Biosciences Inc., an intranasal drug-delivery contract development and manufacturing organization (CDMO). Summit was purchased from its founding family shareholders, adding a 55,000-square-foot cGMP manufacturing facility in Lexington, Kentucky and expanding Kindeva’s drug-device combination product capabilities in nasal delivery.

Computer Services, Inc. (CSI) announced a strategic investment from TA Associates to support CSI’s continued growth in financial software and technology for community and regional banks. Existing investors Centerbridge Partners and Bridgeport Partners will retain their positions as majority and minority investors, respectively. The transaction closed in December 2023 and financial terms were not disclosed.

ERIKS North America (ENA) acquired the assets of Branham Corporation, a Louisville, Kentucky-based fabricator and distributor of industrial hoses, gaskets, conveyor belts and related services. The transaction expands ENA’s geographic footprint and capabilities across the U.S. Midwest and Gulf Coast, and Branham co-president Doug Branham will remain with the business following the acquisition.

1Vision acquired Preferred Marketing Solutions, a marketing solutions provider headquartered in Louisville, Kentucky. Preferred Marketing Solutions was previously a wholly owned subsidiary of Papa John's International, Inc., and the deal expands 1Vision’s capabilities across print, mail, and broader marketing solutions.

LBMC announced it has reached an agreement for Strothman & Co, an accounting firm based in Louisville, Kentucky, to join LBMC effective November 1. The transaction expands LBMC’s geographic footprint and adds approximately 60 professionals, enhancing service depth across tax, accounting, and advisory offerings.

Godspeed Capital Management LP made a strategic investment in Stengel Hill Architecture (SHA), a healthcare-focused architecture and interior design firm based in Kentucky. The investment establishes SHA as Godspeed Capital’s new architectural, engineering, and consulting (AEC) services platform focused on the U.S. healthcare facilities market, with plans to grow through organic expansion and future add-on acquisitions while SHA’s leadership retains significant equity.

Classic Industries acquired Parts Unlimited Interiors (PUI), a manufacturer of aftermarket automotive interior soft goods. Prestwick served as exclusive advisor to PUI, its parent Restoration Parts Unlimited, Inc., and private equity owner Dubin Clark; transaction terms were not disclosed.

Fabcon Precast, LLC, a portfolio company of Solace Capital Partners, acquired Bristol Precast, the precast division of The Bristol Group, Inc. The transaction includes all aspects of the Bristol Precast business and expands Fabcon’s geographic footprint and Mid-South market penetration across states including Kentucky, Ohio, Indiana, Tennessee, Missouri, and West Virginia.

Growth Acceleration Partners (GAP) announced it has acquired Mission Data, a full-service digital development firm. The acquisition expands GAP’s ability to deliver digital business transformations by adding Mission Data’s custom software, digital product engineering, and user-centered experience design capabilities.

Bluewave Technology Group acquired J.I.L. Communications, Inc. (JIL), a telecommunications/technology advisory agency headquartered in Louisville, Kentucky. The deal (terms undisclosed) strengthens Bluewave’s technology advisory and sourcing capabilities and expands its presence in Kentucky, adding JIL’s customer base and expertise across network, cloud, data center, and contact center solutions.

Arthur J. Gallagher & Co. acquired Morgan, Trevathan & Gunn, Inc., a retail insurance broker specializing in trucking-industry clients in Kentucky and nearby states. The acquired team will remain in its current location and operate under Gallagher’s Mid-South retail property/casualty brokerage leadership. Financial terms were not disclosed.