Acquisitions in Mississippi, United States

Karman Space & Defense closed its previously announced acquisition of Seemann Composites and MSC, expanding its portfolio of IP-enabled solutions for extreme environments and adding advanced materials, acoustic coatings, and maritime-focused propulsion capabilities for U.S. Navy programs. The acquired businesses will combine with Karman’s existing maritime programs to form a new end market, Maritime Defense Systems. In connection with the deal, Karman amended its credit agreement to increase its incremental term loan to $772 million to fund the acquisitions and provide additional liquidity.

Engineering Resource Group, Inc. (ERG), a mechanical, electrical, and plumbing (MEP) engineering, consulting, and design firm, received a strategic investment from private equity firm Godspeed Capital Management LP. Godspeed will partner with ERG’s management team to establish ERG as its new platform for an MEP-focused engineering, consulting, and design business across Mississippi and the broader Southeastern United States; financial terms were not disclosed.

SouthWorth Capital Management, a Memphis-based family office, acquired American Furniture Manufacturing (AFM) and its family of companies. AFM is a vertically integrated producer of upholstered residential furniture (including leather offerings) headquartered in Ecru, Mississippi, operating through subsidiaries Peak Living, Independent Furniture Supply, Delta Furniture Manufacturing, and Southern Fibers. Financial terms were not disclosed, and SouthWorth plans to support operational improvements and growth to expand AFM’s market reach.

Tenax Aerospace completed a refinancing that included the buyout of its junior capital partner, Bain Capital Credit. The transaction consolidates NTC Group, Inc.'s ownership of Tenax and brings in new junior capital providers led by AEA Private Debt, alongside additional senior debt facilities arranged by Regions Capital Markets.

Core Roofing Systems, LLC, backed by Shoreline Equity Partners, has acquired Norman Enterprises, Inc. (doing business as Norman Roofing) and integrated it into Core Roofing’s commercial roofing services platform. Norman Roofing, headquartered in Meridian, Mississippi, will operate as a regional sub-platform within Core as its owner and CEO reinvested a material portion of proceeds and will continue to lead the business.

Accelevation announced it has acquired SteelPro, a steel fabrication company headquartered in Houston, Mississippi, with additional operations in Memphis, Tennessee. The deal expands Accelevation’s vertically integrated manufacturing platform by adding SteelPro’s steel design, fabrication, and installation capabilities to support modular data center infrastructure delivery at greater speed and scale.

Access Infusion Care (AIC), a portfolio company of New Harbor Capital, completed the acquisition of Health Care Medical Infusion Specialties (HCMIS), a Mississippi-based provider of home and ambulatory infusion services. The deal expands AIC’s geographic footprint into Mississippi and strengthens its multi-modal infusion care offering in rural and underserved communities.

North American Rail Solutions (NARS), a portfolio company of DFW Capital Partners, announced a strategic combination with ZA Construction to create a leading provider of railroad-related design, maintenance, repair, construction, and support services across the United States and Canada. ZA Construction is headquartered in Brandon, Mississippi and provides outsourced rail support services to Class I, shortline, and industrial rail customers in the United States.

Axius Water, a provider of nutrient management solutions for municipal and industrial wastewater treatment, acquired S&N Airoflo, Inc., a supplier of surface aeration systems. S&N Airoflo, based in Greenwood, Mississippi, specializes in oxidation ditches and lagoon aeration, expanding Axius Water’s nutrient removal and wastewater treatment capabilities.

Atlas-SSI, Inc., a North American provider of water management solutions, announced the strategic acquisition of WTR Engineering, a mechanical water filtration specialist with more than 100 years of experience. The deal expands Atlas-SSI’s capabilities and product offerings for customers across municipal, industrial, utility, and commercial end markets, including raw water intake, power plant condenser protection, and wastewater headworks applications.

Trisler Landscape Management, Inc., a full-service landscaping company headquartered in Jackson, Mississippi, was acquired by an unnamed private buyer. The transaction closed on August 4, 2025, with Generational Group serving as M&A advisor to Trisler Landscape Management.

BankFirst Capital Corporation completed its previously announced acquisition of The Magnolia State Corporation and its wholly owned subsidiary, Magnolia State Bank, effective July 1, 2025. The deal expands BankFirst’s footprint to 52 offices across Mississippi and Alabama and adds Magnolia Bank’s leadership team into regional and community bank roles within BankFirst.

BradyPLUS, a national distributor of janitorial/sanitation, foodservice, and industrial packaging products, has acquired Biloxi Paper Company. Biloxi Paper is a family-owned distributor of JanSan supplies and foodservice disposables serving customers across education, hospitality, gaming, industrial, municipalities, facilities maintenance, and property management along Mississippi’s Gulf Coast. Financial terms were not disclosed.

Carenet Health, a tech-enabled healthcare services company, announced the acquisition of Balto Health Services, a healthcare engagement provider with operations in the United States and El Salvador. The deal expands Carenet’s capabilities in customized, bilingual managed services for payer, provider, and health tech organizations, with Balto operating within Carenet as a new business unit called “Carenet Launch” led by Balto founder and CEO Carlos Baltodano.

Labcorp has completed the acquisition of North Mississippi Health Services' ambulatory outreach laboratory business and will serve as the referral laboratory for NMHS' seven hospitals and clinic laboratories. The transaction is intended to expand access to comprehensive testing, including opening three new patient service centers in Tupelo, West Point, and Amory, while maintaining continuity of laboratory services for NMHS patients and providers.

Classic Collision, LLC acquired Lones Body Shop in Huntsville, Alabama and Steed's Collision Center, an auto body repair business with locations in Biloxi, Ocean Springs, and Vancleave, Mississippi. The acquisitions expand Classic Collision’s collision repair footprint in Mississippi and Alabama.

The Sustainable Investing team at Goldman Sachs Alternatives acquired Atlas-SSI Holdings, LLC, a North American supplier of water management equipment that protects mission-critical assets and water ecosystems. Atlas-SSI was previously a portfolio company of XPV Water Partners, and the investment is intended to support expansion and growth amid rising demand for water infrastructure upgrades and resilient water systems.

King Risk Partners acquired Ricky Credille Insurance, a family-owned independent agency specializing in Medicare, health, and life insurance. The deal expands King Risk Partners’ presence in Mississippi and adds deeper expertise in these insurance verticals.

Northstar Capital made a debt investment and equity co-investment in Loss Prevention Services (LPS), a tech-enabled outsourced vehicle recovery services provider. The investment supports LPS’s private equity sponsor, Clearview Capital, in financing the transaction, with LPS remaining a Clearview portfolio company.

gWorks, a cloud-based mission-critical software provider for local governments and utilities, acquired BBI, Inc., a municipal and water-association software company serving customers primarily across Mississippi and Louisiana. The deal was effective February 27, 2025, and expands gWorks’ product suite and regional presence in public-sector financial and operational software. The acquisition is gWorks’ eighth in the last decade and its fifth since partnering with BV Investment Partners in 2022.

Ridgeline Roofing & Restoration, a provider of residential and commercial roofing solutions and a portfolio company of Bertram Capital, acquired Pro Shield, a residential and commercial roofing services company. The deal expands Ridgeline’s presence in the Southeast into Mississippi and represents Ridgeline’s first acquisition; financial terms were not disclosed.

Trucordia acquired the insurance business of Rusty Healy Insurance Agency, an insurance agency based in Madison, Mississippi. The acquired business provides auto, home, business, and life insurance solutions, expanding Trucordia’s brokerage capabilities and local market presence.

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, agreed to acquire Rolls-Royce’s Naval Propulsors and Handling business, which includes naval propeller and waterjet manufacturing and marine handling systems operations in the United States and Canada. Rolls-Royce completed the sale of the Naval Propulsors units in Pascagoula, Mississippi and Walpole, Massachusetts in July 2025, while the Naval Handling business in Peterborough, Ontario is expected to close at a later date. Financial terms were not disclosed.

Rampart Exterior Services, a commercial roofing and exterior facility services platform backed by Huron Capital, acquired Independent Roofing Systems, Inc. Independent, founded in 1980 and headquartered in central Mississippi, provides commercial roofing services including re-roofing, installation, and repair and maintenance. The acquisition is Rampart’s first add-on as it executes a buy-and-build strategy in commercial roofing and building exterior services, supported by financing from Monroe Capital.

Trinity Consultants has acquired Environmental Compliance & Safety, Inc. (ECS), a Mississippi-based environmental and safety consulting firm. ECS will operate within Trinity’s environmental consulting business, combining both firms’ environmental assessment, compliance, and permitting capabilities to strengthen Trinity’s EHS presence in the Gulf/Southeast region.

Granite Construction Incorporated completed the acquisition of Dickerson & Bowen, Inc., a regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The deal adds three sand and gravel pits and four asphalt plants, expanding Granite’s Southeast footprint and complementing its prior Lehman-Roberts Company / Memphis Stone & Gravel acquisition. The acquisition was financed with cash on hand.

Novastone Capital Advisors (NCA), a Switzerland-based private equity firm, acquired Keystone Specialty Pharmacy, a specialty pharmacy based in Mississippi. The deal was advised by VERTESS, and NCA entrepreneur Dr. Lisa Piercey will lead the pharmacy post-acquisition. Keystone’s owners, Jeffrey and Kim Clark, sold the business after a process led by VERTESS Managing Director Alan Hymowitz.

Nation's Best Holdings acquired Huntington Lumber & Supply Co., Inc., a privately owned Do it Best Home Center in Hazlehurst, Mississippi; the transaction closed on July 15, 2024. Generational Group served as M&A advisor to Huntington Lumber & Supply in the sale. Following the acquisition, Huntington Lumber & Supply will continue operating under its current name with its existing team managing day-to-day operations.

CR Fuels acquired Portabull Fuel Services, LLC, a mobile fuel management and equipment rental provider serving heavy construction, pipeline (midstream), and renewable energy projects across 22 states. Portabull Fuel is based in Purvis, Mississippi and was sold by Jones Capital, which was advised by Butler Snow as legal counsel to the sellers.

Atlas-SSI, Inc., a water management solutions provider and portfolio company of XPV Water Partners, has acquired Golden Harvest, Inc., a manufacturer of water control gates. The deal expands Atlas-SSI’s North American footprint and adds engineering, manufacturing, and customer service capabilities, strengthening its offering in water intake systems and environmental protection solutions.

Renasant Corporation sold the assets of its subsidiary Renasant Insurance, Inc. to Sunstar Insurance Group, LLC, effective July 1, 2024. Following the transaction, Renasant Insurance rebranded as Sunstar Insurance Services, with all employees and locations retained, marking Sunstar’s entry into Mississippi.

Qualus Corporation acquired ASSET Engineering, a power engineering and consulting firm with capabilities in renewable generation development, battery energy storage systems, microgrids, and distributed energy resources supporting data centers and other critical infrastructure. Headquartered in Jackson, Mississippi, ASSET adds specialized planning, design, testing/commissioning, project management, and owner’s engineer services that complement Qualus’ power services offerings across the U.S.

FV Recycling, a portfolio company of Jones Capital, acquired the paper recycling business of JET Polymer Recycling, commonly known as Tupelo Recycling. The deal adds a recycling plant in Tupelo, Mississippi and expands FV Recycling’s footprint across North Mississippi and surrounding Southeastern states, enhancing its commercial recycling and baler equipment repair capabilities.

Broadwing Capital Management LLC, in partnership with Davidson Kempner Capital Management LP, announced a strategic growth investment in Upchurch Companies, a family-owned regional mechanical, electrical, and plumbing (MEP) service provider. The investment is intended to support operational improvements and fund organic and acquisition-driven expansion, while the Upchurch family remains involved and invested in day-to-day operations.

Duff Capital Investors, owned by billionaire brothers James and Thomas Duff, acquired two Mississippi auto dealerships: John O'Neil Johnson Toyota and John O'Neil Johnson Hyundai in Meridian. The stores were purchased from Neil Johnson and were renamed Toyota of Meridian (deal closed Aug. 1, 2023) and Hyundai of Meridian (purchase finalized Oct. 24, 2023).

United Rentals, Inc. completed the acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. Yak is a leading North American provider of ground protection matting and temporary roadway/access solutions serving utility and midstream customers across more than 40 U.S. states. The deal represents a divestiture by Platinum Equity, which had acquired a controlling stake in Yak in 2018.

SchoolStatus announced it has acquired SchoolNow to enhance SchoolStatus’ unified K-12 student success platform with SchoolNow’s website and multi-channel digital communication capabilities. The deal adds ADA-compliant websites, mobile apps, and integrated messaging tools to help districts improve family engagement and attendance outcomes.

Kansas Golf & Turf (KGT), a portfolio company of Strength Capital Partners, announced a merger with Ben Nelson Golf & Outdoor (BNG). BNG is a distributor and dealer of golf cars, utility vehicles, trailers, and turf/lawn equipment with locations in Mississippi and Tennessee, and the combined business will operate from five locations serving multiple U.S. regions. Strength Capital Partners’ financing partners included Enterprise Bank & Trust and Northcreek Mezzanine.

Fulcrum Equity Partners acquired Defining Wellness Centers, a substance use disorder (drug and alcohol) treatment provider headquartered in Jackson, Mississippi. Fulcrum’s investment is intended to support expansion of Defining Wellness’ addiction treatment services in Mississippi and into additional geographies, with industry veteran Drew Rothermel appointed as CEO to lead the next phase of growth.

Bradford Health Services acquired Vertava Health of Mississippi (Vertava Health’s residential campus in Southaven, Mississippi), expanding Bradford’s addiction treatment and mental health services footprint in North Mississippi and the surrounding Southeast region. Advisors included McDermott Will & Emery as legal counsel to Bradford, and Piper Sandler & Co. (financial advisor) and Kirkland & Ellis LLP (legal counsel) to Vertava Health.

TRG, LLC acquired MS Rubber Company, an industrial supplier and fabricator of rubber products, hydraulic hoses, fittings, and related items. MS Rubber is headquartered in Jackson, Mississippi, and the transaction closed on September 12, 2023. Generational Equity served as M&A advisor to MS Rubber in the sale.

Arthur J. Gallagher & Co. announced it has acquired Southern Insurance Group, LLC, an insurance provider based in Columbia, Mississippi; financial terms were not disclosed. Southern Insurance Group will continue operating from its current location under the leadership of Bumpy Triche within Gallagher's Mid-South retail property/casualty brokerage operations.

Full Guard Capital acquired/recapitalized Perimeter Insect Guard, the largest provider of insecticide treatment services for U.S. Military uniforms and garments. Spring Capital Partners IV, L.P. and Tecum Capital provided subordinated debt and equity financing to support the transaction, partnering with Perimeter’s founders and management team. The transaction closed on August 8, 2023.

Ross & Yerger, an insurance and financial services firm based in Jackson, announced a strategic merger with Element Wealth, a registered investment advisory firm based in Ridgeland. The combination expands Ross & Yerger’s wealth management and financial planning capabilities, adding services such as investments, retirement planning, and broader advisory solutions for clients.

Border States reached an agreement to acquire Sequel Electrical Supply LLC, an electrical distribution company headquartered in Meridian, Mississippi. Sequel operates 18 locations across Louisiana, Mississippi, Alabama and Florida and primarily serves construction and industrial markets. The deal expands Border States’ footprint into four Gulf Coast states with no overlap to its existing coverage.

Safety Controls Technology (SCT), a portfolio company of ScaleCo Capital’s ScaleCo Fund IV, acquired Global Safety Group, Inc. to expand its occupational safety, OSHA, and environmental services capabilities. Global Safety founder Jason Stearman will join SCT as Vice-President of Safety and Environmental Services, and SCT plans to open a new office in Biloxi, Mississippi following the acquisition.

Beacon (Nasdaq: BECN) has completed the acquisition of All American Vinyl Siding Supply, LLC, a building products distributor based in Tupelo, Mississippi. The deal expands Beacon’s product offering and service capabilities for customers in northern Mississippi as part of its acquisition-led growth strategy.

Carr's Hill Capital Partners Management, LP (CHP) partnered with founders Shaw and Tom Matthews to recapitalize Matthews Brothers Dredging, LLC (MBD) to support continued expansion. MBD provides marine infrastructure dredging services to public and private customers across U.S. Gulf Coast markets. In conjunction with the transaction, Declan Rushe was appointed CEO.

WTWH Media, LLC (a Mountaingate Capital portfolio company) acquired the PMQ Pizza brand from PMQ, Inc. The deal adds PMQ Pizza—an established B2B media brand serving the U.S. pizza restaurant industry—to WTWH Media’s retail, hospitality, and foodservice media network as an add-on acquisition following WTWH’s partnership with Mountaingate Capital in December 2022.

Tech24, backed by HCI Equity Partners, acquired Total Mechanical Repair Services (TMR) on May 24, 2023 as its sixteenth add-on acquisition. TMR, based in Brookhaven, Mississippi, provides commercial kitchen and HVAC repair, preventative maintenance, installation, and related services across Southern Mississippi and Louisiana. The deal expands Tech24’s reach in Mississippi and provides entry into adjacent Louisiana markets; financial terms were not disclosed.

Southern Energy Corp. entered into a definitive purchase and sale agreement with PetroTX Energy, LLC to acquire the remaining producing acreage and associated producing assets in the Gwinville Field that Southern does not already own. The assets, located in Jefferson Davis County, Mississippi, are producing approximately 400 boe/d (99% natural gas) and will be acquired for $3.2 million in cash, supporting Southern’s strategy to consolidate and optimize low-decline, cash-flowing gas assets.

Bobcat Power Holdings, LLC acquired Chancellor Construction, LLC, expanding Bobcat’s substation infrastructure services footprint and capabilities across the Southeast. Chancellor, headquartered in Hattiesburg, Mississippi, will continue to be led by its existing management team with added access to Bobcat’s resources and capacity. Bobcat Power is a portfolio investment of Cotton Creek Capital.

All States Ag Parts, LLC (ASAP) announced the acquisition of Steel Tracks, Inc., a distributor of steel and rubber tracks and aftermarket undercarriage parts for heavy equipment dealers. The deal strengthens ASAP’s aftermarket tracks and undercarriage parts offering, adding steel tracks as a complementary product category. Steel Tracks’ management team, including founder Richard Farquhar, will remain with the business, and the acquisition represents ASAP’s seventeenth add-on since partnering with Kinderhook Industries in 2018.

Sedgwick announced it has acquired Appraisal Service of Mississippi, Inc. (ASM), an auto and property appraisal services firm serving insurance carriers across parts of the U.S. Southeast. The acquisition expands Sedgwick’s auto, specialty, and property claims solutions by adding ASM’s field appraiser capacity and regional presence, including support for catastrophe response.

Envoy Solutions has acquired Delta Packaging & Supply, a Flowood, Mississippi-based packaging distributor providing flexible packaging materials, automated packaging equipment, and related solutions. The deal expands Envoy Solutions’ national footprint, strengthening its growing presence in the U.S. Southeast while adding Delta Packaging & Supply’s capabilities and customer base.

INDEVCO North America, a member of the INDEVCO Group, acquired Perma R Products, Inc., a manufacturer of building envelope materials including EPS and GPS rigid foam insulation, building wrap, and roof underlayment. Perma R will be integrated into INDEVCO Building Products, with the Perma “R” brand to be sold alongside INDEVCO’s Barricade brand to broaden the combined building envelope product portfolio in the United States.

Hilb Group acquired Mississippi-based The Nowell Agency, expanding its property and casualty insurance capabilities and establishing operations in Mississippi. The transaction was effective December 1, 2022, and adds The Nowell Agency’s multi-office footprint across the state to Hilb Group’s national platform.

LFM Capital-backed Heartland Steel Holdings, LLC acquired SteelPro, LLC, a designer and fabricator of structural steel solutions. The acquisition expands Heartland’s engineered products capabilities serving commercial, industrial, and material-handling applications; financial terms were not disclosed.

P&S Transportation, LLC, a subsidiary of PS Logistics, acquired Clay's Transport, Inc. and its sister company Clays Logistics LLC. The deal closed on October 31, 2022; the businesses provide general freight trucking, 3PL/brokerage services, and diesel repair/mechanic shop services.

Kodiak Building Partners acquired Sunrise Builders Supply, LLC, a building materials distributor serving northern Mississippi and southern Tennessee. Founded in 1996 and headquartered in Horn Lake, Mississippi, Sunrise supplies lumber, engineered wood, trusses, hardware, tools, paint and other building supplies, with locations in Mississippi and Tennessee.

SchoolStatus announced it has acquired School Innovations & Achievement (SI&A), a privately held K-12 education software provider focused on attendance tracking, compliance, and risk mitigation. The deal includes SI&A’s operations, technology, 73 employees, and customers across 400+ districts in nine states, with financial terms undisclosed. SI&A will continue operating independently while being integrated with SchoolStatus’s communications, data, and workflow platform.

Ed's Supply, a division of Heritage Distribution Holdings backed by Gryphon Investors, acquired Controlled Temp Supply (CTS), an HVAC/R equipment, parts, and supplies wholesale distributor based in Oxford, Mississippi. Following the deal, CTS will rebrand under the Ed's Supply name, expanding Ed's footprint in Northern Mississippi. The acquisition represents the fourth add-on completed by Heritage Distribution Holdings during Gryphon’s ownership.

U.S. Orthopaedic Partners (USOP) announced the acquisition of Bienville Orthopaedic Specialists, a Mississippi-based orthopaedic group serving the Mississippi Gulf Coast. The deal marks USOP’s ninth acquisition since inception and expands its network to more than 170 providers across 39 locations in Alabama and Mississippi.

RJ Young, a business technology solutions provider, acquired Unitech, a Mississippi-based dealer of digital imaging systems and multifunction devices. The deal expands RJ Young’s technology services footprint in and around Vicksburg, Mississippi, with Unitech’s employees joining RJ Young while maintaining local operations.

Tech24, backed by HCI Equity Partners, acquired TEMCO, Inc. on July 20, 2022, marking Tech24’s ninth add-on acquisition. TEMCO, based in Jackson, Mississippi, provides repair and maintenance services for commercial kitchen and HVAC equipment, expanding Tech24’s footprint in the Southeastern United States and the Gulf Coast region. Financial terms were not disclosed.

CURO Group Holdings Corp. completed its acquisition of First Heritage Credit (FHC) for $140 million in cash. FHC is a near-prime consumer installment lender headquartered in Ridgeland, Mississippi, and the deal supports CURO’s shift toward larger, longer-term near-prime installment loans. Concurrent with closing, CURO entered into a new $225 million non-recourse revolving warehouse facility to fund future FHC loan originations.

Fortune International, LLC acquired North Bay Seafood Inc., a distributor of fresh oysters and frozen seafood products, to expand its operations and retail/foodservice customer reach across the Gulf States. North Bay Seafood is headquartered in D'Iberville, Mississippi and was previously owned and operated by founder Carl Dreiling and his son Danny; transaction terms were not disclosed. Danny Dreiling will continue with Fortune as Director of New Business Development.

EVI Industries, Inc. completed the acquisition of Laundry South Systems and Repair, a Pearl, Mississippi-based distributor of commercial laundry products and provider of installation and maintenance services. The deal expands EVI's sales and service footprint into Mississippi and increases its presence in eastern Louisiana, with Laundry South joining EVI's Southcentral Group while continuing to operate under its existing name.

Bradford Health Services acquired The Estate at River Bend, a Mississippi-based residential substance use disorder treatment facility. The acquisition expands Bradford’s addiction treatment footprint into Mississippi and adds The Estate’s specialized programming for co-occurring mental health disorders to Bradford’s network.

Vectrus, Inc. and The Vertex Company ("Vertex") announced an all-stock merger to form a combined government services provider focused on mission-essential solutions for defense and government customers. The transaction implies an equity value for Vertex of approximately $2.1 billion, with Vertex shareholders expected to own about 62% of the combined company and Vectrus shareholders about 38%. The combined company is expected to realize approximately $20 million of annualized cost synergies by 2024 and be headquartered in Northern Virginia following closing.

On March 1, 2022, SchoolStatus announced it has acquired TeachBoost, a privately held education software company focused on educator observations, evaluations, and coaching. The deal expands SchoolStatus’ K-12 communications and operations ecosystem by adding TeachBoost’s cloud-based platforms (TeachBoost Pro and TeachBoost Coach) to support teacher development and professional growth workflows for schools and districts.

BancPlus Corporation, parent of BankPlus, completed its previously announced acquisition of First Trust Corporation, the parent of First Bank and Trust. Effective March 1, 2022, First Bank and Trust merged with and into BankPlus, expanding BankPlus’s footprint in Louisiana and the New Orleans market.

Alpine Investors announced the formation of Trilon Group, a new engineering services platform, through a partnership with Mississippi-based Waggoner Engineering as Trilon’s first platform partnership. Waggoner will continue to operate independently under its existing brand, and financial terms were not disclosed.

Rosewood Private Investments (RPI) acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and will hold the businesses under a newly formed holding company, StationServ. AMPET and PECO are petroleum equipment distributors and service providers with geographically contiguous territories (including for Gilbarco fuel dispenser distribution), and the sellers will remain involved for a transition period.

Vertex Aerospace (owned by American Industrial Partners) signed and later completed the acquisition of Raytheon Technologies' Defense Training, Professional Services (Raytheon Professional Services), Mission Critical Solutions, and Modernization & Sustainment business lines, collectively referred to as Defense Training and Mission Critical Solutions. The acquired business provides training, sustainment, mission-critical support, and engineering/modernization services to defense, government, and commercial aerospace customers and generated approximately $1 billion in 2020 sales. Vertex will operate the acquired operations within a Technology & Training Solutions division while maintaining headquarters in Madison, Mississippi.

ARCH Medical Solutions Corp. (an ARCH Global Precision Company) has acquired Medical Machining Specialists (MMS), a full-service manufacturer of surgical instruments. MMS, based in Olive Branch, Mississippi, will join ARCH Medical Solutions as a third facility at the ARCH Medical Solutions – Memphis location, expanding AMS’s specialized capabilities in complex instruments such as tissue retractors for minimally invasive spinal procedures.

Weinberg Capital Group (WCG) acquired Drake Waterfowl Systems, a provider of hunting, fishing, and casual outdoor apparel and related accessories sold under the Drake brand. Drake is headquartered in Olive Branch, Mississippi and sells through a big box/dealer retail network and its website. WCG indicated it is actively seeking add-on acquisitions for Drake.

CoreLogic completed its acquisition of Next Gear Solutions, a provider of cloud-based digital workflow platforms for the property restoration and property & casualty insurance claims ecosystem. The deal combines Next Gear’s restoration workflow products with CoreLogic’s Claims Connect platform, property data, and analytics to help insurers and contractors modernize and digitize claims handling. Serent Capital (Next Gear’s prior backer) and Next Gear shareholders, including founder and CEO Garret Gray, rolled equity and became significant investors in CoreLogic.

Atlantic Southern Paving and Sealcoating, a portfolio company of Harbor Beach Capital and Aldine Capital Partners, acquired Murphree Paving. Murphree is a commercial pavement maintenance provider based in Tupelo, Mississippi serving customers across Mississippi, Alabama, Tennessee, and Arkansas. The deal represents Atlantic Southern’s second add-on acquisition as it expands its geographic footprint in the Southeastern United States.

Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners, acquired Trace Aviation Group (also referred to as Trace Aviation) of Jackson, Mississippi. The deal expands PAG’s landing gear maintenance, repair and overhaul (MRO) capabilities, particularly for Beechcraft King Air/1900 landing gear exchanges and overhauls.

Green Meadow Sustainable Solutions acquired Riverbend Environmental Services LLC, an environmental services business in Mississippi, in a transaction finalized in November 2020. Green Meadow assumed ownership of Riverbend’s assets including the Riverbend Landfill in Jefferson County, Mississippi and transfer stations in Vicksburg, Mississippi and Baton Rouge, Louisiana, and will continue existing municipal partnerships in the region.

PSG made a strategic growth equity investment in SchoolStatus to accelerate the company’s growth and product innovation. SchoolStatus provides K-12 SaaS tools that combine school-home communications with student data aggregation and analytics.

U.S. Orthopaedic Partners (USOP) announced a strategic partnership with Orthopaedic Institute of North Mississippi (OINM), a multi-location orthopaedic practice based in Tupelo, Mississippi. Through the partnership, OINM will join USOP’s orthopaedic practice management platform to support continued growth while maintaining its brand identity and operational autonomy.

Gemspring Capital Management LLC, through an affiliate, acquired a majority interest in Zavation Medical Products, LLC, a designer and manufacturer of spinal hardware and biologics. Zavation’s management team, led by CEO Jeffrey Johnson, will continue to run the business and also made a significant investment alongside Gemspring. Zavation is headquartered in Flowood, Mississippi and operates an additional facility in Tampa, Florida.

Smart Care Equipment Solutions acquired three commercial equipment service providers: TBS Southeast, Jaguar Coffee Company, and Facility Maintenance Specialist (FMS). The acquisitions expand Smart Care’s service footprint across the Southeast and strengthen coverage in Texas and Florida for commercial kitchen, coffee equipment, and HVAC repair and maintenance services.

Business First Bancshares, Inc.’s banking subsidiary b1BANK signed a definitive agreement to acquire Smith Shellnut Wilson, LLC (SSW), a registered investment adviser. After closing, b1BANK expects to consolidate its Wealth Solutions Division with SSW and operate SSW as a b1BANK subsidiary.

U.S. Orthopaedic Partners (USOP) announced the acquisition of two Mississippi-based physician practices: Jackson Anesthesia Pain Center (also referred to as Jackson Pain Institute) and Oxford Orthopaedics and Sports Medicine, PLLC. The acquisitions expand USOP’s orthopedic and musculoskeletal care platform across the Southeastern U.S.; financial terms were not disclosed. USOP was formed in October 2020 following an investment from FFL Partners.

Corcentric acquired Vendorin from Juvo Technologies for $100 million, funded with cash on hand following Bregal Sagemount’s May 2020 investment in Corcentric. Vendorin is a B2B integrated payments network based in Hattiesburg, Mississippi, and the deal is intended to enhance Corcentric’s payments and supply chain finance capabilities within its procurement, AP and AR suite.

Blue Wolf Capital Partners LLC made an investment in Vicksburg Forest Products, LLC, a manufacturer of Southern Yellow Pine lumber products operating a sawmill in Vicksburg, Mississippi. The investment will support VFP’s planned expansion to more than double production capacity and add new jobs; transaction terms were not disclosed.

LongueVue Capital (LVC) partnered with CEO Tom Nathanson and the management team of Summit Plastics to recapitalize the business and provide growth capital. Summit Plastics, headquartered in Summit, Mississippi, manufactures custom polyethylene blown film and bags for commercial end markets including food and beverage, industrial, and healthcare. Origin Bank provided senior debt financing to support the transaction.

HUB International Limited acquired the assets of MPE Employee Benefit Services, a third-party administrator providing employee benefit plan administration and design services. MPE is headquartered in Ridgeland, Mississippi, and its president Bill Saint Sing will join Hub Gulf South following the transaction. Financial terms were not disclosed.

MiddleGround Capital announced the acquisition of Attala Steel Industries, a manufacturer of steel foundation products for utility-scale solar power infrastructure. Attala is expected to be integrated with MiddleGround’s existing portfolio company EDSCO Fasteners under a common capital structure, with Attala founder Billy Atwood remaining an investor and joining the board.

Specialty Welding and Turnarounds, LLC (SWAT), backed by ORIX Capital Partners and Hastings Equity Partners, acquired Hydroprocessing Associates, LLC (HPA), a provider of catalyst handling services for oil and gas refineries and petrochemical facilities. As part of the transaction, SWAT also acquired Breathing Systems Inc. (BSI), HPA’s wholly owned subsidiary that manufactures, maintains, and repairs NIOSH-approved life support systems used during catalyst change-out services. The deal represents the first add-on acquisition for SWAT under ORIX Capital Partners’ ownership.

Imperial Dade entered into a definitive agreement to acquire Jackson Newell Paper Company, a distributor of janitorial and paper supplies. The acquisition expands Imperial Dade’s presence in the Southeast, adding a foothold in Mississippi and further scaling Imperial Dade’s national specialty distribution platform. Financial terms were not disclosed.

Integrated Power Services (IPS) acquired Industrial Electric Motor Works, Inc., a full-service electric motor and generator repair and distribution company based in Meridian, Mississippi. The deal expands IPS’s service footprint and strengthens its distribution business, particularly in the Southeast, with Industrial Electric’s leadership joining IPS to support integration.

In October 2020, The Dorman Group of Companies, in partnership with Merit Capital Partners and CEO Alan Galbraith, acquired John Richard Collection, Inc. (John-Richard), a designer and manufacturer of high-end home furnishings. The transaction was completed with founder Alex Malouf and the Malouf family, and Merit Capital Partners provided subordinated debt and equity financing.

Hub International Limited acquired the insurance brokerage assets of Larry Dean Massey, Jr., a Mississippi-based brokerage with legacy operations in Memphis, Tennessee and Oxford, Mississippi. The acquired business provides insurance and risk management services across industries such as construction, hospitality, and oil & gas; financial terms were not disclosed.

Linden Capital Partners made a majority investment in Vital Care, Inc., partnering alongside the company’s existing shareholders (the Bell family) and management. Vital Care, founded in 1986 and headquartered in Meridian, Mississippi, is a franchisor of home infusion pharmacy services operating through more than 50 franchise locations across 20 states.

FFL Partners formed and invested in a new orthopedic health services organization, U.S. Orthopedic Partners (USOP), alongside co-investor The Thurston Group. USOP is being built around Mississippi Sports Medicine and Orthopaedic Center (MSMOC) as an integrated musculoskeletal care platform serving the Southeastern United States; financial terms were not disclosed.

Waterlogic announced the acquisition of Elite Water & Coffee, a Jackson, Mississippi-based provider of bottleless water coolers, ice machines, and coffee solutions. The deal expands Waterlogic Americas’ presence into Mississippi and adds to its water and coffee customer base as part of the company’s ongoing acquisition-driven growth strategy.