Acquisitions in New Mexico, United States

Center for Social Dynamics (CSD) announced the acquisition of Behavior Change Institute (BCI), a New Mexico-based provider of autism and behavioral health services. The combination expands CSD’s footprint in the Southwest and aims to broaden access to outcomes-driven autism care while deepening investment in research, data infrastructure, and technology-enabled service delivery.

EP Wealth Advisors, a fee-only registered investment advisor, partnered with and acquired Santa Fe, New Mexico-based LongView Asset Management, LLC, adding more than $390 million in assets under management and expanding EP Wealth’s Southwest presence. LongView founder David Cantor and seven team members will join EP Wealth, and LongView clients will gain additional resources including tax, estate, and legacy planning support. Financial terms were not disclosed, and Advice Dynamics Partners advised LongView on the transaction.

Quantum Lifecycle Partners has completed the acquisition of 2NDGEAR, a U.S. technology lifecycle solutions provider focused on certified refurbished devices and end-user programs for education and commercial customers. The deal expands Quantum’s circular technology platform and adds 2NDGEAR’s Albuquerque, New Mexico facility as a key configuration and fulfillment hub supporting education and enterprise deployments.

Federal Signal Corporation completed its acquisition of Mega Corp., a manufacturer of specialty vehicles and equipment used in global metal extraction and construction markets, following a definitive agreement signed on December 18, 2025. Federal Signal said the deal strengthens its specialty vehicle platform alongside its Ground Force and TowHaul businesses and is expected to be accretive to earnings and cash flow in 2026. At signing, the purchase price was stated as $45.5 million in cash (subject to post-closing adjustments) and included Mega’s manufacturing facility in Albuquerque, New Mexico.

UES acquired GEOMAT, a geotechnical engineering, materials testing, and special inspection consultancy founded in 2003. GEOMAT, headquartered in Farmington, New Mexico with a branch in Albuquerque, expands UES’s West region presence into New Mexico, and GEOMAT will continue to be led by President Matt Cramer.

Equal Parts, a technology-enabled insurance agency platform headquartered in Austin, Texas, acquired Blue Star Insurance Agency, a local brokerage serving Belen, New Mexico. The deal expands Equal Parts’ footprint in New Mexico and follows its recent acquisition of Albuquerque-based Strategic Insurance Group, which is expected to benefit from Blue Star joining the platform.

Atlantic Aviation has acquired Jet Center at Santa Fe, a full-service fixed-base operator (FBO) located at Santa Fe Regional Airport (SAF). The deal expands Atlantic Aviation’s Southwest footprint and represents its third location in New Mexico, with the facility immediately transitioning to operate under the Atlantic Aviation brand.

Strategic Gaming Management, LLC (SGM) completed its $301 million acquisition of Sunland Park Racetrack & Casino. Immediately after closing, SGM sold the property’s real estate to Gaming and Leisure Properties, Inc. (GLPI) in a sale-leaseback transaction, while SGM continues operating the gaming and racing business.

Equal Parts, a next-generation insurance platform based in Austin, announced the acquisition of Strategic Insurance, an independent insurance agency headquartered in Albuquerque, New Mexico. Strategic Insurance will continue operating under its local brand while leveraging Equal Parts’ technology, AI tooling, capital, and operational support to expand services across Albuquerque and beyond.

Precision Cell Systems (PCS) acquired BennuBio to expand into the 3D cell culture and multicellular model analysis market. The deal adds BennuBio’s Velocyt imaging flow cytometer to PCS’s portfolio for single-cell analysis, cell therapy, drug discovery, and bioprocessing workflows. BennuBio’s lead investor Tramway Ventures will join the PCS syndicate following the acquisition.

Tecta America announced the acquisition of J3 Systems, a family-owned commercial roofing contractor headquartered in Bosque Farms, New Mexico. The deal marks Tecta America’s entry into the New Mexico market and represents its fourth acquisition of 2025. J3 Systems will continue operating under its existing name as “J3 Systems, a Tecta America Company, LLC,” led by President Jeremy Utash.

MPLX LP has closed its $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), a provider of sour gas gathering, treating, and processing services in Lea County, New Mexico. The deal expands MPLX’s Permian Basin natural gas and NGL value chain and is expected to be immediately accretive to distributable cash flow, with approximately $500 million of additional capital planned for expansion projects. MPLX financed the acquisition and related capital needs with net proceeds from $4.5 billion of senior notes issued in August 2025.

EP Wealth Advisors, a fee-only registered investment advisor, announced a strategic partnership to acquire Santa Fe, New Mexico-based Better Money Decisions, LLC (BMD). The transaction adds approximately $370 million in assets under management and expands EP Wealth’s presence in the Southwest; financial and legal terms were not disclosed.

Culmen International, LLC acquired Technology Management Company, Inc., doing business as TMC Global Professional Services, an Albuquerque-based provider supporting international program management, health security, and logistics solutions. Culmen said the deal expands its capabilities in health security and international logistics, leveraging TMC’s experience in nonproliferation, bioscience capacity building, and international operations, including infrastructure in Georgia and Uzbekistan.

Radiance Technologies acquired XL Scientific, LLC (doing business as Verus Research), a research and development defense contractor headquartered in Albuquerque, New Mexico. The deal is intended to expand Radiance’s advanced defense technology capabilities—including nuclear science—and broaden its customer base across Department of Defense and intelligence community programs.

Blackstone Infrastructure entered into an agreement to acquire TXNM Energy in an all-cash transaction valued at $61.25 per share, implying a total enterprise value of approximately $11.5 billion including net debt and preferred stock. TXNM Energy’s regulated utility subsidiaries PNM and TNMP are expected to remain locally managed and operated, with the deal targeted to close in the second half of 2026 subject to shareholder and regulatory approvals.

Pecos Propane, Inc., a propane services provider based in Pecos, New Mexico, was acquired by an undisclosed buyer in a transaction that closed on April 16, 2025. Generational Group served as M&A advisor to Pecos Propane in connection with the sale.

B&R Auto, a recycled automotive parts provider and portfolio company of Highview Capital, announced the acquisition of Highway 64 Truck and Auto Salvage. The deal expands B&R’s Western U.S. footprint into New Mexico and across the broader Southwest, extending into Texas for the first time.

Pelican Energy Partners, a Houston-based private equity firm, acquired Lancs Industries. Lancs Industries, headquartered in Albuquerque, New Mexico, provides radiation containment and shielding solutions serving U.S. Department of Energy nuclear waste remediation and other nuclear-related end markets, as well as pharmaceutical applications.

Hub International Limited acquired the assets of Woods Insurance Services, Inc., an independent insurance agency. Woods Insurance Services, headquartered in Farmington, New Mexico, provides commercial and personal insurance and employee benefits services, including expertise serving the oil & gas industry. Terms of the transaction were not disclosed.

Inszone Insurance Services acquired Coe Agency, LLC, an independent insurance agency specializing in health and benefits solutions for individuals and businesses. The transaction expands Inszone’s presence in New Mexico and deepens its expertise across health, dental, vision, life, disability, and related benefits products. Coe Agency’s team in Rio Rancho, New Mexico will transition to Inszone’s Albuquerque office.

Ezee Fiber acquired the New Mexico fiber assets and network of Conterra Networks to accelerate its Fiber-to-the-Home expansion in the state. The deal includes 128 miles of installed fiber infrastructure spanning Santa Fe, Rio Rancho, and Los Lunas, New Mexico; financial terms were not disclosed.

Ridgewood Infrastructure invested in and acquired Valley Cold Storage & Transportation ("Valley Cold"), a New Mexico-based provider of temperature-controlled storage and cold-chain logistics solutions. The acquisition adds Valley Cold to Ridgewood Infrastructure’s portfolio and is intended to support Valley Cold’s continued expansion in existing and new markets amid growth in the cold storage industry.

Inszone Insurance Services acquired Sandia Area Federal Credit Union’s existing book of insurance business. The transaction also establishes a long-term partnership under which Inszone will serve as the credit union members’ insurance partner, expanding access to personal, commercial, and benefits insurance products.

Community Tree Service (CTS), a vegetation management platform backed by Hastings Equity Partners, acquired Southwest Contracting & Associates, a New Mexico-based tree thinning provider. The deal expands CTS’ footprint into the Southwestern United States and diversifies its customer base, adding relationships with state and federal agencies.

Warrior Technologies acquired Lobo Trucking to expand its footprint deeper into the Delaware Basin across Texas and New Mexico. The deal adds Lobo’s yards in Hobbs and Artesia, New Mexico, along with personnel and operating units, while Lobo will continue operating under its brand.

U.S. Retirement & Benefits Partners (USRBP) acquired Pension Planning Consultants (PPC), an independent retirement plan third-party administrator headquartered in Albuquerque, New Mexico. PPC president Tim Haist will become Managing Partner and continue to lead the business, supporting USRBP’s expansion of retirement plan TPA services in the Southwest.

GroundWork Renewables, Inc. acquired CFV Solar Test Laboratory, Inc. (CFV Labs) to expand its offerings with PV module performance and reliability data and resilience services for the utility-scale solar industry. CFV Labs’ ISO 17025-accredited testing capabilities will complement GroundWork’s advanced meteorological data and services to help solar developers, EPCs, and owners optimize plant performance and manage weather-related risk. Financial terms were not disclosed.

Inszone Insurance Services acquired Blue Chip Insurance, a long-established insurance agency rooted in Santa Fe, New Mexico. The deal expands Inszone’s presence in the Southwest and enables Blue Chip clients to access a broader range of insurance carriers and resources through Inszone’s national platform.

SAM, a provider of managed geospatial services and spatial data collection, acquired Construction Survey Technologies, Inc. (CSTi), a geospatial services and facilities/asset management company. The deal expands SAM’s capabilities in geomatics, data visualization, and subsurface mapping and strengthens its presence in the U.S. Southwest.

Emera Inc. has agreed to sell its wholly owned operating subsidiary, New Mexico Gas Company, Inc. (NMGC), to Bernhard Capital Partners for an aggregate transaction value of $1.252 billion, including the assumption of approximately $500 million of debt. The deal is subject to regulatory approvals (including the New Mexico Public Regulation Commission) and is expected to close in late 2025.

Platte River Equity portfolio company Municipal Emergency Services, Inc. (MES) has acquired Firefighter Trucks, Inc., a Las Cruces, New Mexico-based fire apparatus distributor and service provider. The deal expands MES’ sales and service footprint and diversifies its territory in New Mexico and Colorado, strengthening its offering to first responders.

Standard Solar acquired the 4.98-megawatt Bent Bow community solar project in Doña Ana County, New Mexico from developer Energy Management, Inc. (EMI). The project, developed and permitted by EMI after being selected under New Mexico’s Community Solar initiative, is expected to be completed in late 2025 and will add to Standard Solar’s growing portfolio of solar assets in the state.

IT Solutions Consulting, a managed service provider (MSP) headquartered near Philadelphia, acquired Steady Networks, an outsourced IT management provider dually headquartered in Santa Fe and Albuquerque, New Mexico. The deal expands IT Solutions’ presence in New Mexico and the Southwest and strengthens its capabilities supporting government contractors and the legal and healthcare verticals. Financial terms were not disclosed.

US LBM, a national distributor of specialty building materials, has acquired RAKS Building Supply, a provider of building products and manufactured components serving professional builders and contractors in central New Mexico. RAKS will continue to be led day-to-day by Richie Tabet along with Kenny and Bobby Trujillo as US LBM expands its footprint in key New Mexico housing markets.

RWC Building Products acquired New Mexico Plaster and Supply, a supplier of plaster and concrete materials based in Albuquerque, New Mexico, effective May 1, 2024. The deal expands RWC Building Products' stucco-market capabilities and extends its geographic reach in the Southwest, with New Mexico Plaster and Supply operating as a wholly-owned subsidiary.

Easy Ice, a provider of managed commercial ice machine rentals, has acquired New Mexico-based Iceworks, LLC. The deal expands Easy Ice’s presence in the Southwest, strengthening its footprint in the Albuquerque and Santa Fe markets and supporting continued regional growth.

CraneTech, a U.S. provider of industrial crane solutions, acquired Twin City Crane & Hoist, a long-time service provider in the El Paso, Texas market headquartered in Anthony, New Mexico. The deal expands CraneTech’s footprint in the Southwest and establishes a stronger presence near El Paso and the West Texas crane market. Former owner Matt Berryman is retiring following the acquisition, and Twin City’s team will be integrated into CraneTech’s New Mexico branch.

Bernhard Capital Partners' dedicated Department of Energy (DOE) services platform acquired Strategic Management Solutions, LLC (SMSI), a provider of management, technical consulting, and engineering/project services supporting DOE, NNSA, national laboratories, and industrial nuclear-related programs. Headquartered in Albuquerque, New Mexico, SMSI expands the platform’s vertically integrated capabilities across program management, engineering, procurement/supply chain, and high-hazard operations. Financial terms were not disclosed.

2AutoGroup acquired Enchanted Mazda, an auto dealership in Santa Fe, New Mexico, from Sonic Automotive with Pinnacle Mergers & Acquisitions advising on the transaction. Following the acquisition, the dealership now operates as Santa Fe Mazda and represents 2AutoGroup’s first location outside of Colorado.

Descartes Labs acquired all of the operating assets of Geosite, a SaaS provider of geospatial intelligence for property and casualty insurance companies. The acquisition is intended to accelerate revenue growth opportunities in the insurance sector and strengthen Descartes Labs’ geospatial analytics and AI offerings, including Geosite’s Ascend product for catastrophe risk and portfolio management.

Chenega’s security strategic business unit (Chenega SSBU) acquired E&M International (EMI) for an undisclosed sum to expand its fire and emergency services capabilities. Albuquerque, New Mexico-based EMI provides fire alarm systems, mass notification, emergency communications and clean agent fire suppression technologies, strengthening Chenega SSBU’s service offering to federal government clients.

Netsurit, a managed service provider (MSP), announced the acquisition of iTeam Consulting, LLC, an MSP serving small and medium businesses in New Mexico. The deal expands Netsurit's U.S. presence into the Southwest and supports its broader North American growth strategy by strengthening managed services capabilities.

Avenu Insights & Analytics (a portfolio company of Arlington Capital Partners) acquired Finvi's State and Local Government Division (Finvi SLG). Headquartered in Albuquerque, New Mexico, Finvi SLG provides court case management, collections workflow, and integrated electronic payments software to state and local jurisdictions. The deal expands Avenu’s court system and payment processing capabilities; financial terms were not disclosed.

Rosewood Private Investments (RPI) announced the acquisition of Herbs, Etc., a Santa Fe, New Mexico-based manufacturer and marketer of herbal supplements. Herbs, Etc. specializes in liquid tincture and soft gel formats and sells through natural health specialty channels as well as direct-to-consumer via Amazon and its own website.

Furniture Marketing Group (FMG) announced the acquisition of Contract Associates, a contract furniture dealer serving Albuquerque, New Mexico and El Paso, Texas. The deal expands FMG’s commercial furniture solutions footprint and strengthens its presence across the Southwestern United States, with Contract Associates continuing to serve customers under the FMG banner.

Conductive Containers, Inc. (CCI), backed by Great River Capital Partners, acquired Crestline Plastics, Inc., a designer and manufacturer of thermoformed packaging for optical components and precision electronics. The deal closed in early November and adds Crestline’s optics-focused packaging capabilities and Southwest operating hub in Albuquerque, New Mexico. Crestline will operate as the “CCI–Crestline Division,” and seller-operator Derek Hermann will remain as General Manager of the division.

Inszone Insurance Services acquired Letherer Insurance Consultants, Inc., an insurance agency focused on professional liability coverage for attorneys, dentists, doctors, and accountants. The deal expands Inszone’s footprint in New Mexico and adds specialized expertise and client relationships in professional liability for legal and accounting professionals.

Bowman Consulting Group Ltd. acquired High Mesa Consulting Group, a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico. High Mesa provides surveying, mapping and geospatial services, subsurface utility engineering, civil engineering, and planning across New Mexico and parts of Arizona and Colorado; all High Mesa employees will join Bowman. The deal was financed with a mix of cash, seller notes, and equity and is expected to be immediately accretive.

Safelite Fulfillment, Inc. (d/b/a Safelite AutoGlass) acquired the automotive division of Sun Glass, LLC in a transaction facilitated by Benchmark International. The deal supports Safelite AutoGlass’ strategic expansion of its footprint and service offerings across the New Mexico and Colorado markets.

Equine Network, LLC acquired The Patriot, a series of Western equine events including team ropings, barrel races, youth rodeo competitions, and a prestigious horse sale. Equine Network plans to integrate The Patriot into its data management system and expand its Western Sports Group offerings as participation in agricultural and equestrian events grows.

Casa Auto Group announced it has acquired Borman Autoplex in Las Cruces, New Mexico, including its Ford, Honda, Hyundai, and Mazda dealerships. The deal expands Casa Auto Group’s automotive retail footprint in the Southwest and brings the Autoplex into Casa’s existing multi-brand dealership operations.

Bersh HOA, LLC acquired Blue Door Realty, LLC, a property management firm specializing in homeowners association (HOA) communities. Blue Door Realty will continue to be led day-to-day by President and Founder Melanie McLaughlin, while Bersh HOA provides additional resources to support organic and acquisition-driven growth. Blue Door Realty is headquartered in Albuquerque, New Mexico.

Superior Industries has a pending agreement to acquire Cemco, a VSI crusher manufacturer headquartered in Belen, New Mexico. The deal will add Cemco’s 140,000-square-foot manufacturing facility and workforce to Superior’s operations, expanding Superior’s product portfolio for aggregates, recycling, mining, and energy end markets.

Inszone Insurance Services announced the acquisition of Jackson Insurance Solutions, an insurance agency based in Albuquerque, New Mexico. The deal expands Inszone’s presence in the Southwest and marks its entry into the New Mexico market. Jackson Insurance Solutions will operate under the Inszone Insurance brand, remain in its current location, and retain all employees.

The Riverside Company acquired LightHouse Business Information Solutions as an add-on to its Managed IT Services platform, ProVelocity and IronEdge Group. LightHouse, headquartered in Albuquerque, New Mexico, provides outsourced IT services to SMBs and local governments across several verticals in New Mexico and the Midwest.

GZA GeoEnvironmental, Inc. (GZA) has acquired Glorieta Geoscience Inc. (GGI), a Santa Fe, New Mexico-based consulting firm focused on groundwater development, water rights, agricultural science, litigation support, and environmental science across the Western United States. The acquisition expands GZA’s water and environmental consulting capabilities and extends its geographic reach, with GGI leadership continuing operations from GZA’s new Santa Fe office.

RoadSafe Traffic Systems, Inc. acquired Highway Supply, LLC, a leading provider of traffic control products and services based in Albuquerque, New Mexico. Highway Supply also provides pavement marking and water blasting services for major heavy highway public works projects across the state. The deal represents RoadSafe’s ninth acquisition since its 2021 strategic partnership with private equity firms Investcorp and Trilantic North America.

Benford Capital Partners’ portfolio company, Alpha Safety Holdings, LLC, has acquired Pajarito Scientific Corporation (PSC). The add-on acquisition expands Alpha Safety’s capabilities in the safe handling, storage, transportation, and analysis of nuclear material through PSC’s nuclear material characterization, radiation safety, containment, and specialty ventilation offerings. PSC will continue operating from its current locations under the ongoing leadership of Martin Clapham and Jeremy Heath.

Clearstead Advisors, an independent wealth management and financial advisory firm, acquired Avalon Trust, a Santa Fe, New Mexico-based trust and wealth management firm. The deal expands Clearstead’s presence in the Southwest and strengthens its trust capabilities, building on prior trust-focused acquisitions. Following the transaction, the combined firm is expected to oversee approximately $28 billion in assets under advisement and management, with Avalon’s leadership team continuing in senior roles.

Critical Energy Infrastructure Services, LLC (CEIS), a portfolio company of White Wolf Capital, acquired Clover Leaf Solutions, a consulting and staffing firm supporting U.S. Department of Energy laboratories and commercial clients nationwide. Clover Leaf, headquartered in Albuquerque, New Mexico, is the second acquisition under the CEIS platform following Rayne Staffing (December 2022). Financial terms were not disclosed.

Guild Mortgage (NYSE: GHLD) acquired Legacy Mortgage, an independent mortgage lender based in Albuquerque, New Mexico, to expand Guild’s presence in the U.S. Southwest. Legacy Mortgage will become part of Guild’s Southwest region, adding its branch footprint across Arizona, Colorado, New Mexico, and Texas. Financial terms were not disclosed.

Integrative Life Network (ILN) acquired Shadow Mountain Recovery Programs, a New Mexico-based substance use disorder treatment provider. The acquisition expands ILN’s portfolio of trauma-focused treatment programs into the U.S. Southwest, adding detox, residential, and outpatient services across multiple New Mexico locations.

Inteli-Care LLC, a personal care services provider based in Albuquerque, New Mexico, was acquired by 24 Hour Home Care, which operates under the national home care organization TEAM Public Choices. The transaction, advised by Generational Equity, closed on November 16, 2022. Inteli-Care’s owners Onesimo "Mo" Vigil and Rachel Vigil will remain in their roles and become partners of the acquirer post-closing.

Atlas Copco has acquired the operating assets of the compressor business of Mesa Equipment & Supply Company. The acquired business, based in Albuquerque, New Mexico, distributes oil-free and oil-injected compressors and provides parts and service, and will be integrated into Atlas Copco’s Service Division within its Compressor Technique Business Area. Financial terms were not disclosed.

Greenbelt Capital Partners led a majority recapitalization/growth investment in Unirac, Inc., a North American designer and manufacturer of solar PV mounting and racking solutions. Tenex Capital Management (the prior sponsor) and Unirac’s management team retained a significant ownership stake, while additional investors included Greenbelt Capital Partners Unirac L.P. and Trilantic Energy Partners II (North America) L.P. and its parallel fund. Sound Point Capital Management and LBC Credit Management provided a $180 million senior secured credit facility to support the transaction, which closed September 30, 2022.

Rapid Fire Safety & Security, backed by Concentric Equity Partners, acquired Security & Access Systems (SAS), a commercial security and fire alarm systems services provider based in Albuquerque, New Mexico. The business was purchased from founders and owners Chris and Molly Ipiotis, who will remain temporarily to support the transition. SAS is the first acquisition for the Rapid Fire platform since its launch in March 2022.

Trivest Partners and LP First Capital announced the formation of OpenRoad, a new collision repair platform. The formation coincides with the acquisitions of four collision repair center brands: Car Crafters, Drury and Moss Body Shop, 1st Choice Collision, and Helotes Collision, creating a 12-location network across the Southwest.

Commnet Broadband, a wholly owned subsidiary of ATN International, acquired Sacred Wind Enterprises, a privately owned rural telecommunications provider in New Mexico. The deal expands Commnet’s bandwidth infrastructure footprint and increases its wholesale carrier, residential, and business broadband services across the rural Southwest, including Tribal communities.

Cadence Design Systems entered into (and later completed) an agreement to acquire privately held OpenEye Scientific Software, a provider of computational molecular modeling and simulation software used in pharmaceutical and biotechnology drug discovery. The transaction, valued at approximately $500 million in cash, expands Cadence’s computational software capabilities into life sciences, including OpenEye’s cloud-native Orion SaaS platform.

BlueThread Services, a roofing and exterior services group, announced it has partnered with RoofCARE, LLC. RoofCARE, a provider of commercial and municipal roof repair, renovation, installation and service headquartered in Albuquerque, New Mexico, will join the BlueThread Services family to expand BlueThread’s Southwestern U.S. footprint and service/maintenance focus.

Peakstone served as exclusive M&A advisor to Builders Source Inc. in connection with its sale to an undisclosed private acquirer. Builders Source, founded in 1993 and headquartered in Albuquerque, New Mexico, is a U.S. distributor of home appliance and plumbing products sold primarily through showrooms in the Southwest.

Pueblo Mechanical & Controls, an HVAC and plumbing services platform backed by Huron Capital Partners, acquired Travers Mechanical Services. Travers, based in Albuquerque, New Mexico, provides HVAC and plumbing maintenance, repair, and installation services and will continue to be led by President Mike Travers Jr. and VP of Operations Mike Youngman. The deal expands Pueblo into New Mexico and represents another add-on acquisition in its buy-and-build strategy.

Allworth Financial acquired UAS Wealth Advisors, a registered investment advisor based in Albuquerque, New Mexico; financial terms were not disclosed. Founded in 1990, UAS provides fiduciary retirement planning and investment management and manages over $427 million in assets under management.

Crestwood Midstream Partners LP, an affiliate of Crestwood Equity Partners LP, acquired Sendero Midstream Partners LP from ECP for approximately $600 million in cash (enterprise value), subject to customary adjustments. Sendero operates natural gas gathering and processing assets in Eddy County, New Mexico in the Permian Basin’s Delaware Basin, and the deal was announced in June 2022 and closed in July 2022.

North Hudson Resource Partners LP and its affiliated funds, partnering with the LOGOS Resources II management team, acquired LOGOS Resources II, LLC for approximately $402 million. The seller was affiliates of ArcLight Capital Partners, and LOGOS will continue to be led by its existing management team.

Tajin International acquired Paulitas New Mexico in a private transaction with undisclosed terms. Corporate Finance Associates Worldwide (CFAW) advised Tajin International on the deal. Paulitas New Mexico produces hatch green chili sauces, seasonings, marinades, and related food products.

WJ Partners-backed Power-Utility Products Co. (PUPCO) acquired MIROC, a manufacturer and distributor of telecom components and accessories used in wireless/telecommunications infrastructure. The acquisition expands PUPCO’s product offering into telecom components and provides a strategic geographic presence in the western United States. Financial terms were not disclosed, and both companies will continue operating under their existing brands.

Cyber Security Works (CSW) acquired an early-warning vulnerability and threat intelligence technology organization/IP (CYR3CON) to enhance its unified threat and vulnerability management platform. The acquired capabilities use artificial intelligence and dark web mining to predict weaponizable vulnerabilities and provide proactive, pre-breach insights across an organization’s attack surface.

Cosmetic Solutions, LLC acquired New Mexico-based Private Label Select (PLS), an organic cosmetics and personal care manufacturer. The deal expands Cosmetic Solutions’ capabilities into organic and anhydrous product development and manufacturing, including OTC products such as sunscreens and diaper rash cream. Financial terms were not disclosed; funds managed by Lee Equity Partners are investors in Cosmetic Solutions.

Hub International Limited acquired the assets of Western Assurance Corp., an independent insurance agency based in Albuquerque, New Mexico. Western Assurance provides commercial and personal insurance and employee benefits services, with specialization in the non-profit, construction, and transportation sectors; transaction terms were not disclosed.

Risk Strategies acquired Burke Insurance Group, LLC, a commercial retail insurance agency based in Las Cruces, New Mexico; financial terms were not disclosed. The deal represents Risk Strategies' first entry into the New Mexico market and expands its specialty capabilities in surety bonds and insurance for construction and oil and gasoline sectors.

Surge Private Equity LLC’s portfolio company, Access Dental Management LLC, acquired Bridget R. Burris, D.D.S., P.C. ("Burris PC"), a family dentistry operation in New Mexico. The acquisition marks Access Dental’s entry into the New Mexico market and was financed with debt provided by Corbel Capital Partners. The announcement notes this was Access Dental’s fifth add-on acquisition completed in 2021.

Rocket Lab USA, Inc. signed a definitive agreement and subsequently closed the acquisition of SolAero Holdings, Inc. for $80 million in cash. The deal adds SolAero’s space-grade solar cell and solar power product manufacturing capabilities—described as the world’s largest production line of high-performing space solar cells—to Rocket Lab’s Space Systems business as part of its vertical integration strategy.

Dynata announced that it has acquired Ameritest, a brand and advertising research consultancy. The deal adds Ameritest’s creative testing and advertising effectiveness research capabilities to Dynata’s advertising solutions and the broader Dynata Platform, enhancing clients’ ability to optimize messaging, targeting, and campaign performance.

Iron Creek Partners LLC acquired Credential Check Corporation (CredentialCheck), a provider of employment background screening and drug testing services. Iron Creek led an investment group that included Main Street Capital Corporation, and the transaction closed in August 2021 with proceeds providing growth capital to CredentialCheck’s balance sheet.

Charter Healthcare Group, a post-acute care provider platform backed by Pharos Capital Group, acquired Silver Linings Hospice Care in the Albuquerque, New Mexico metropolitan area. The deal expands Charter into New Mexico for the first time and increases its footprint to eight states; financial terms were not disclosed.

RV Retailer, LLC (RVR) announced it has acquired Aloha RV, which operates two RV dealership locations in the greater Albuquerque, New Mexico market. Following the acquisition, Aloha RV will continue to be managed by founder Peter Larson and will be integrated into RVR's regional operating structure.

Creedence Energy Services, a portfolio company of Tower Arch Capital, recapitalized Magna Energy Services, LLC in partnership with Magna CEO Adam Kelly. Following the transaction, Magna will become a wholly owned subsidiary of Creedence, with Kelly continuing as an operator and significant investor. Terms were undisclosed and financing was provided by KeyBank.

The IMA Group (IMA) has acquired Albuquerque Neuroscience, Inc., a clinical research site focused on central nervous system (CNS) diseases and general medical conditions. Albuquerque Neuroscience will join IMA's Clinical Research Division, expanding IMA’s national clinical trials footprint and adding therapeutic expertise in areas such as Alzheimer’s disease and psychiatry. Financial terms were not disclosed and Albuquerque Neuroscience will continue operating under its existing name with its leadership and staff remaining in place.

CCS Facility Services, a portfolio company of Silver Oak Services Partners, acquired Sparkle Maintenance, Inc., a contract cleaning and custodial services provider headquartered in Albuquerque, New Mexico. The acquisition expands CCS Facility Services’ footprint into New Mexico and further strengthens its reach across the Western United States.

QualTek, LLC acquired Broken Arrow Communications Inc. (BACOM), a provider of infrastructure services for the wireless telecommunications industry. Headquartered in Albuquerque, New Mexico, BACOM supports installation, construction, and maintenance of wireless communication facilities across 11 Western U.S. states. Financial terms were not disclosed.

Health Catalyst, Inc. (NASDAQ: HCAT) entered into a definitive agreement to acquire Twistle, Inc., a patient engagement SaaS company that automates HIPAA-compliant communication between care teams and patients. Twistle is headquartered in Albuquerque, New Mexico, and the acquisition is intended to enhance Health Catalyst’s healthcare data, analytics, and technology offerings to improve patient outcomes and reduce cost of care.

Addus HomeCare Corporation signed a definitive agreement to acquire Armada Skilled Home Health of New Mexico, Armada Hospice of New Mexico, and Armada Hospice of Santa Fe for approximately $29.0 million in cash. Armada is based in Albuquerque, New Mexico and provides home health and hospice services, serving roughly 1,100 home health patients and 100 hospice patients on an average daily basis. The transaction is expected to close on or about August 1, 2021, subject to regulatory approvals and customary closing conditions.

Arlington Capital Partners’ portfolio company BlueHalo entered into a definitive agreement to acquire Design & Development Engineering Services Corporation (DDES). DDES designs and manufactures space-qualified, radiation-hardened electronic systems for Class-A spacecraft used in military and national security missions. The deal expands BlueHalo’s space hardware and manufacturing capabilities and strengthens its presence in Albuquerque, New Mexico.

Health Catalyst, Inc. entered into a definitive agreement to acquire Twistle, Inc., a healthcare patient engagement SaaS company. The deal is expected to be funded with a mix of stock and cash and to close in early Q3 2021, subject to customary closing conditions. The combination is intended to pair Twistle’s patient engagement workflows with Health Catalyst’s cloud-based data and analytics platform to enhance population health and clinical solutions.

Jet Health, Inc., a provider of home health and hospice services, acquired Hospice de la Luz, a hospice company based in Albuquerque, New Mexico. The deal expands Jet Health’s hospice offerings within the home health markets it serves; financial terms were not disclosed. Funding for the transaction was provided by SV Health Investors and Health Enterprise Partners.

RS21 launched a new Health Lab division through the acquisition of Versatile Med Analytics (VMA), a woman-owned healthcare data analytics firm. The deal brings VMA’s business intelligence and healthcare analytics expertise into RS21, with VMA co-founders Angelica Bruhnke and Stefany Goradia set to lead the new division. Financial terms were not disclosed.

Proud Moments ABA acquired Bridges: Educational Services for Children with Autism, Inc., a provider of ABA and behavioral health services. Edgemont Partners served as exclusive financial advisor to Bridges on the sale, which closed February 5, 2021, and whose terms were not disclosed.

BayoTech, Inc., a provider of on-site hydrogen production solutions, received an equity investment of up to $157 million led by Newlight Partners LP. Existing investors Cottonwood Technology Funds and Sun Mountain Capital participated, alongside new investor Fortistar. Proceeds will support BayoTech’s product and project development and infrastructure expansion to accelerate strategic growth.