Acquisitions in New York, United States

TransDigm Group Incorporated entered into a definitive merger agreement to acquire Servotronics, Inc., which will become an indirect wholly owned subsidiary of TransDigm. A TransDigm subsidiary will launch a cash tender offer for all outstanding Servotronics shares at $38.50 per share, valuing the deal at approximately $110 million including certain tax benefits, followed by a back-end merger at the same price.

Function Health has acquired Ezra and will integrate Ezra’s FDA-cleared AI-powered imaging into Function’s lab-testing-based personal health platform. The combined offering launches a 22-minute, $499 full-body MRI (down from ~60 minutes and over $1,500), aiming to make annual scanning more accessible and enable more predictive, longitudinal healthcare insights.

Altus Capital Partners acquired Air Innovations, LLC, a manufacturer of mission-critical environmental control units (ECUs) serving markets including wine, aerospace, semiconductor, homeland security, and healthcare. Air Innovations is headquartered in North Syracuse, New York, and its management team will remain in place. Financial terms were not disclosed.

NavaDerm Partners, a dermatology platform backed by BelHealth Investment Partners, sold its Bronx-based practice Dermatology and Surgery Associates (DSA) to Schweiger Dermatology Group. The transaction represents an exit of DSA from the NavaDerm platform, which was formed in 2018.

Go Global Retail completed the acquisition of HATCH Collection, a premium maternity fashion and lifestyle brand, through its platform Janie and Jack Holdings, Inc. HATCH will continue operating from its base in New York, while Janie and Jack remains headquartered in San Francisco. The acquisition was financed through Janie and Jack Holdings along with a senior secured credit facility provided by MidCap Financial.

Kiely Family of Companies (KIELY) announced the acquisition of All Bright Electric, an electrical contracting company headquartered in West Nyack, New York. The deal expands KIELY’s portfolio into electrical contracting as part of its broader diversified energy services offering.

Tide Rock acquired Glenn Wayne Wholesale Bakery, a family-owned full-line wholesale bakery manufacturer. Glenn Wayne, founded in 1990 and based in Bohemia, New York, produces a range of high-volume baked goods and distributes nationally. Tide Rock plans to support the company’s next stage of growth, including expansion opportunities enabled by its gluten-free certification.

ScanSource, Inc. acquired Resourcive, a technology advisor that delivers strategic IT sourcing and implementation solutions for mid-market and enterprise clients. The acquisition closed on August 8, 2024, and will support the creation of ScanSource’s new Channel Advisory business; financial terms were not disclosed. Resourcive was founded in 2001 and is headquartered in Pelham, New York.

Consello Capital, the private equity arm of Consello, has acquired EHE Health, a national provider network focused on employer-based preventive healthcare. EHE Health partners with mid- and large-sized employers and delivers comprehensive preventive care exams through a nationwide network of more than 200 clinics and physician practices. The acquisition is intended to support EHE Health’s continued growth and expansion.

Madison River Capital completed a $190 million recapitalization of JDC Power Systems and made a $70 million equity investment in the company. JDC Power Systems is an electrical systems integrator serving the data center market and is headquartered in Armonk, New York.

SRM (Strategic Resource Management), a Memphis, Tennessee-based financial services consultancy, acquired Kenneth J. Sole & Associates, a Holbrook, New York-based banking IT consulting firm. The acquisition expands SRM’s service suite to include core systems optimization and conversion support for banks and credit unions. Kenneth J. Sole will lead SRM’s implementation services business and delivery model architecture as the team is fully integrated into SRM.

Booz Allen Hamilton has acquired PAR Government Systems Corporation (PGSC), a wholly owned subsidiary of PAR Technology Corporation. The deal adds PGSC’s edge communications, imagery, and mobile situational awareness capabilities and cleared technical workforce to Booz Allen’s defense technology offerings, strengthening support for Department of Defense and other government missions.

EnerSys entered into a definitive agreement to acquire Bren-Tronics, Inc. in an all-cash transaction valued at $208 million. Bren-Tronics, a manufacturer of portable lithium batteries and charging solutions for military and defense applications, will be integrated into EnerSys’ Specialty line of business, with closing expected in Q2 2024 subject to regulatory approvals.

Kain Capital LLC announced an investment in Essen Health Care, the largest independent healthcare provider in the Bronx. The funding will support Essen’s expansion through new clinics and enhanced analytics capabilities via Kain’s newly formed Kain Analytics team to aid its transition to value-based care.

HCAP Partners, alongside healthcare executives Anthony DeSena and Roy Leitstein, announced the acquisitions of Behavioral Medicine Associates (BMA), Workers Compensation Psychological Network (WCPN), and Reservoir Health, which will be merged under a new platform, PAX Health. Hamilton Lane joined HCAP Partners as a co-investor; financial terms were not disclosed. The combined business will expand behavioral health service delivery (telehealth and in-person) across the Northeastern United States.

New York Community Bancorp, Inc. announced a $1 billion equity investment led by Liberty Strategic, alongside Hudson Bay and Reverence. The financing includes $450 million from Liberty Strategic, $250 million from Hudson Bay, and $200 million from Reverence, and will add new board representation including Liberty Strategic’s Steven Mnuchin. Joseph Otting will become the new CEO and join the board as part of the transaction.

Patient Care America (PCA) has completed the acquisition of Lyfebulb Holdings Inc., a digital platform focused on education, innovation, and connectivity for people living with chronic illnesses. Lyfebulb will continue operating its platforms (including TransplantLyfe.com and CancerLyfe.com), and its management team led by co-founder Karin Hehenberger will remain in place; financial terms were not disclosed.

RK Logistics Group Holdings, Inc. acquired New York-based On Time Trucking to expand its logistics and trucking footprint into the Northeast United States. The acquisition adds regional LTL delivery and warehousing capacity in the Tri-State area and strengthens RK’s ability to provide lithium-ion battery and specialized materials storage services for energy transition customers. On Time Trucking founder Daniel Leitgeb will remain with the business as President.

IBM entered into a definitive agreement to acquire StreamSets and webMethods, Software AG’s Super iPaaS enterprise technology platforms, for €2.13 billion in cash. The deal is intended to enhance IBM’s watsonx data ingestion capabilities and strengthen its application modernization, integration, and API management offerings for hybrid multi-cloud environments. The transaction is expected to close in the second quarter of 2024, subject to customary conditions and regulatory approvals.

OneKey MLS announced the acquisition of Mid-Hudson MLS, a privately broker-owned multiple listing service based in Poughkeepsie serving Dutchess County and the Mid-Hudson Valley. The deal expands OneKey MLS’s regional coverage and increases its subscriber base to nearly 50,000 real estate professionals, with the consolidation expected to be finalized in January 2024.

Docker, Inc. acquired AtomicJar, the New York-based company behind the open source project Testcontainers. The deal (a mix of cash and equity) expands Docker’s developer tooling portfolio, adding Testcontainers and related products such as Testcontainers Desktop and Testcontainers Cloud; financial terms were not disclosed.

Pharmavite LLC acquired Bonafide Health for $425 million to expand and strengthen its women’s health nutraceutical portfolio alongside brands such as Uqora and Equelle. Bonafide Health will continue to operate from its headquarters in Harrison, New York, and additional commercial terms were not disclosed.

BAXUS, a marketplace for buying, selling, and trading rare wines and spirits, announced it has acquired BoozApp, a mobile app focused on liquor pricing transparency and collection tracking. The combination is intended to provide users with more comprehensive pricing data, improved confidence/security around collections, and broader reach among casual drinkers, collectors, and enthusiasts.

O2 Investment Partners, through its portfolio company 4M Building Solutions, made an investment in and partnered with LCS Facility Group to expand janitorial and facility maintenance services across upstate New York, Texas, and Northern California. LCS Facility Group is headquartered in Poughkeepsie, New York, and provides janitorial and facility maintenance services to healthcare, education, hospitality, and commercial facilities. Financial terms were not disclosed.

Dave Cantin Group (DCG) received a significant minority investment from Kaltroco, a private investment company backed by the family of Steve Koltes. The investment is intended to support DCG’s next phase of growth, including geographic expansion and broader advisory offerings across adjacent automotive-related verticals. Financial terms were not disclosed.

160 Driving Academy acquired the National Tractor Trailer School (NTTS) locations in Buffalo and Liverpool, New York. The NTTS schools were previously owned by Swift Transportation and had stopped accepting new students in April 2023, but will reopen and enroll students under 160 Driving Academy. The deal expands 160 Driving Academy’s footprint in upstate New York alongside its earlier acquisition of Professional Driving Institute in Rochester.

Getir has acquired online grocer FreshDirect from Ahold Delhaize as part of its strategy to expand in the United States, with the deal expected to close by the end of November. Following closing, FreshDirect will retain its brand and continue operating from its New York City facility while leveraging Getir’s technology and operational footprint.

Marlin Equity Partners completed a growth investment in TRAFiX, a provider of order and execution management software and FIX connectivity solutions for global capital markets. The investment represents TRAFiX’s first institutional capital since its founding in 2013 and is intended to support product development, geographic expansion, and continued investment in talent. Financial terms were not disclosed.

Align Capital Partners (ACP) acquired Counsel Press, Inc. from Gladstone Investment Corporation. Headquartered in New York, Counsel Press is a tech-enabled legal process outsourcing provider focused on appellate services, and ACP plans to support growth initiatives and pursue add-on M&A to build a diversified legal services platform.

Citrus Health Group, LLC and NaviMed Capital announced that they have acquired The Curry Rockefeller Group (CRG), a full-service medical/scientific communications agency based in Tarrytown, New York. Following the acquisition, CRG leadership will take expanded roles within Citrus Health Group, and CRG’s founders will serve as senior advisors.

Monument MicroCap Partners, a Midwest-based private equity firm, closed an investment in Sweet Tooth Enterprises, LLC on October 17, 2023. Sweet Tooth, headquartered in Edgewood, New York, provides custom tooling and injection molding services through its Micelli Chocolate Mold and Aztec Tooling & Injection Molding divisions.

Specialty Smile Partners announced separate strategic partnerships with four New York-based specialty dental practices: Albany Braces, Where Smiles Grow, Battiste Orthodontics, and Schenectady Pediatric Dentistry. The affiliations expand Specialty Smile Partners’ footprint in New York and provide the practices with management services and operational support. Blue Sea Capital, the private equity sponsor of Specialty Smile Partners, highlighted its support for the expansion.

R&T Deposit Solutions received a significant strategic investment from private equity firm GTCR, which will result in GTCR owning 50% of the company. The remaining 50% will be retained by existing shareholders including Estancia Capital Partners and R&T’s founding team and employees, and Susan Cosgrove will join as Executive Chairperson to support continued growth and product/technology expansion.

J.S. Held announced the acquisition of TechPats to complement its prior acquisition of Ocean Tomo and expand its intellectual property consulting capabilities. TechPats will operate under the Ocean Tomo brand within a newly created Intellectual Property Specialty Services group, adding patent-focused business intelligence and technical expertise to Ocean Tomo’s IP financial and advisory services.

SchoolStatus announced the acquisition of ClassTag, a unified family communication and engagement platform for K-12 educators, schools, and districts. The deal expands SchoolStatus’ data and school-home communications suite by adding ClassTag’s communications app and technology, which will be integrated into the SchoolStatus platform.

Tech24, a portfolio company of HCI Equity Partners, acquired Pronto Repairs, with Greenwich Capital Group advising Pronto as exclusive investment banker. Pronto Repairs provides outsourced equipment management, preventative maintenance, and repair services for major hospital systems in the New York City area. The acquisition expands Tech24’s healthcare presence and integrates Pronto into Tech24’s platform to support recruiting, geographic expansion, and accelerated growth.

Tango, a provider of cloud-based real estate and facilities management software, acquired WatchWire, a sustainability and energy management data and analytics platform. The deal expands Tango’s capabilities in energy management, sustainability and carbon reporting; financial terms were not disclosed. WatchWire is headquartered in New York City and its leadership team will join Tango following the acquisition.

Alba Wheels Up, a logistics services provider backed by Southfield Capital, acquired V.T. Mancusi, Inc., a customs brokerage and trade compliance firm focused on the flavors and fragrances end markets. The transaction expands Alba’s customs brokerage and trade compliance capabilities, including expertise in foreign trade zone (FTZ) processing, with V.T. Mancusi joining Alba’s team in Valley Stream, New York.

High Street Capital, alongside Wells Fargo Strategic Capital, announced that its portfolio company Tramec has acquired CS Automation. CS Automation is an Ontario, New York-based designer and manufacturer of pneumatic automation controls, machine and motion controls, and machine framing and safeguarding serving industrial and heavy-duty customers. The acquisition is intended to broaden Tramec's presence in industrial automation and create cross-selling opportunities and synergies.

Parkview Health Services, LLC secured a strategic growth investment from ArtesRx, LLC, an affiliate of Flexpoint Ford, with the transaction closing on June 23, 2023. Parkview will remain headquartered in Amherst, New York and continue to be led by CEO Paul O'Leary and the existing management team. Flexpoint partnered with pharmacy executive Dom Meffe to establish ArtesRx as a platform to acquire, scale, and support pharmacy businesses serving complex patient populations.

Vino Vault acquired Western Carriers' private collector business, including its wine cellar transportation operations serving collectors, auction houses, and retailers. The deal expands Vino Vault’s fine wine storage and temperature-controlled logistics capabilities, strengthening its presence in the New York City market and broadening services such as inventory management and auction advisory.

Floor & Decor’s wholly owned subsidiary, Spartan Surfaces, acquired Salesmaster Flooring Solutions, a flooring and installation supplies distributor serving the Northeastern United States. Salesmaster, headquartered in Deer Park, New York, will operate as part of Spartan Surfaces, expanding Spartan’s commercial presence in the New York City and New England markets. The transaction closed on June 7 and financial terms were not disclosed.

STRATEC SE signed an agreement to acquire Natech Plastics, Inc., a Ronkonkoma, New York-based designer and manufacturer of smart polymer-based consumables serving medical technology, in-vitro diagnostics, life sciences, and specialty packaging markets. The deal values Natech at USD 30.0 million plus an earn-out through 2025 and is expected to close in July 2023, funded via a newly arranged credit line.

ICR, a strategic communications and advisory firm, has acquired Bullfrog + Baum, a consumer communications agency specializing in hospitality, lifestyle, travel and consumer marketing. ICR plans to combine Bullfrog + Baum with its existing consumer lifestyle PR, branding, and creative teams to form a new separately branded integrated services group.

Source Advisors, a specialized tax consulting firm, has acquired PMBA, a New York-based business asset recovery and state and local sales tax consulting firm. The deal expands Source Advisors’ specialty tax solutions to include additional state and local tax capabilities, with both firms maintaining their brands during a transition period before full integration.

Publicis Groupe has acquired Corra, an Adobe Commerce partner and e-commerce services firm, with Corra set to become part of Publicis Sapient. The deal strengthens Publicis Sapient’s commerce solutions capabilities, including Adobe Commerce and MACH Alliance composable commerce offerings, and expands its digital and omnichannel commerce services.

US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a family-owned broadline foodservice distributor headquartered in Watertown, New York. The deal is intended to expand US Foods’ reach in the central upstate New York region where it does not currently have a distribution center and is expected to close in the third quarter of 2023, pending regulatory approval. Financial terms were not disclosed.

Northwinds Services Group announced it has acquired Rebmann Plumbing Heating & Air Conditioning, a long-standing plumbing and HVAC services provider serving the Long Island, New York market. Rebmann President Scott Ambrosio cited Northwinds' commitment to supporting growth while maintaining employees and preserving the local brand and values.

Elit'Avia announced the acquisition of Pioneer Business Services, a Newburgh, New York-based provider of private charter and aircraft management services. The deal expands Elit'Avia’s U.S. presence, adds additional managed aircraft, and continues operations at New York Stewart International Airport while reorganizing the brand into Elit'Avia Americas and Elit'Avia International.

Broad Sky Partners made a significant investment in Bully Pulpit Interactive (BPI), a strategic communications and public affairs agency, in partnership with management. Svoboda Capital Partners, BPI’s prior lead sponsor, will continue as an investor, and financial terms were not disclosed.

World Insurance Associates LLC acquired the business of Cohen Partners LLC on March 1, 2023; financial terms were not disclosed. Cohen Partners is a New York-based insurance brokerage and advisory firm providing insurance, benefits, risk management, financial solutions, and cyber liability products to individuals and companies.

WHP Global and Express, Inc. (EXPR) announced a definitive agreement to acquire menswear brand Bonobos, Inc. from Walmart Inc. for a combined $75 million. WHP Global will acquire the Bonobos brand for $50 million, while Express will acquire Bonobos’ operating assets and assume related liabilities for $25 million and will operate the U.S. eCommerce, Guideshop, and wholesale businesses under an exclusive long-term license from WHP Global. Bonobos will remain headquartered in New York.

24 Seven, a privately held digital marketing and creative recruiting firm, announced it has acquired SketchDeck. SketchDeck is an on-demand, full-stack creative services design studio, and the deal is intended to expand 24 Seven Studios’ scale and capabilities for outsourced studio solutions.

ICV Partners, LLC acquired the Desi Natural and Noga brands and related assets from Raymundo's Food Group, LLC (a portfolio company of AUA Private Equity Partners) to form a new company, Desi Fresh Foods. Desi Fresh Foods produces South Asian yogurt products including dahi and lassi and operates its primary plant in Farmingdale, New York.

The Brand Leader (TBL) acquired Benson Marketing Group, a wine and spirits marketing agency, making Benson a division of TBL. The deal expands TBL’s sector focus into wine and spirits while adding advertising, branding, design, and digital marketing capabilities; transaction terms were not disclosed.

Eureka Equity Partners made a significant investment in Advertiser Perceptions, a New York-based provider of research-driven market intelligence for the media, advertising, and ad tech industries. Transaction terms were not disclosed, and the investment is intended to support the company’s next phase of growth. JEGI CLARITY represented Advertiser Perceptions in the transaction.

Augeo, an enterprise engagement platform technology provider, has acquired Brand Networks, a social media marketing technology and services company. The deal, effective February 14, expands Augeo’s capabilities in paid social optimization, employee advocacy software, and clean-room first-party data collaboration. Valor Siren Ventures participated in the transaction alongside Augeo.

Risk Strategies acquired Bullen Insurance Group, a specialty insurance brokerage and risk management firm focused on serving high-net-worth families, individuals, and their businesses. Bullen operates offices in New York and Florida and serves clients nationwide and globally. Financial terms of the deal were not disclosed.

Columbia River Partners (CRP) announced an investment in Business Solution Partners (BSP), a New York-headquartered software development and IT services firm focused on financial automation and Oracle NetSuite and other SaaS ecosystem implementations. BSP will continue to be led by CEO David Smooha, and the partnership is intended to support organic growth and future acquisitions. Centerfield Capital Partners and Everside Capital Partners provided capital to support the transaction.

Cox Communications has acquired New York-based Logicworks, a professional and managed cloud services company focused on helping customers migrate, run, and operate applications on AWS and Azure. Cox plans to combine Logicworks with RapidScale (a Cox Business company) to strengthen its managed cloud and IT solutions offering for U.S.-based companies.

Citrin Cooperman Advisors LLC completed the acquisition of the nonattest business of Berdon LLP, a New York-based accounting, tax, and consulting firm. The combination adds approximately $110 million of revenue and 450 partners and associates from Berdon, creating a combined firm expected to exceed $600 million in annual revenue. New Mountain Capital, which holds a controlling interest in Citrin Cooperman, highlighted the deal as a milestone in Citrin Cooperman’s growth strategy.

CORE Industrial Partners portfolio company RE3DTECH+GoProto acquired Stanfordville Machine & Manufacturing, a supplier of precision machined components and assemblies. Headquartered in Poughkeepsie, New York, Stanfordville provides CNC machining and assembly services from prototyping through full-scale production for customers across several industrial end markets. The deal adds complementary precision manufacturing technologies and geographic presence to the RE3DTECH platform.

WPP announced the acquisition of Fēnom Digital, a North America-based digital transformation agency founded in New York. Fēnom Digital will join WPP’s commerce capability within Wunderman Thompson to strengthen WPP’s Salesforce-focused commerce and digital transformation offerings for retailers and brands.

Skyline Exhibits, a trade show exhibit company, announced the acquisition of its authorized dealer, Skyline New York. Skyline New York, based in Hauppauge, New York, serves clients across Long Island and upstate New York, and its owner Bob Watson will continue supporting the existing client base. Skyline Exhibits is backed by Gemspring Capital, which invested in the company in 2020.

Glowbar announced it has received a $10 million growth investment led by Peterson Partners. The funding will support expansion of Glowbar’s skincare studios (including new East Coast markets), increased hiring, and enhanced training for its licensed estheticians.

Housatonic Partners announced a strategic growth investment in Brainfuse, a provider of online tutoring services, career counseling, and veterans' assistance programs delivered via its proprietary online learning platform. Brainfuse, founded in 2001 and headquartered in New York City, serves public libraries, higher education institutions, and K-12 school districts across North America. Financial terms of the investment were not disclosed.

Covanta announced the acquisition of SGS Recovery, Frontier Fibers, and Buffalo Fuel Corp., expanding its engineered fuels, waste-to-product, and logistics capabilities. The acquired operations are described as a suite of full-service, non-hazardous industrial waste processing, logistics, and product reuse facilities located in Niagara Falls, New York. The sellers were the Santarosa Group, which owned the three acquired subsidiaries.

Rendr and Excelsior Integrated Medical Group agreed to merge to create a larger integrated, multi-specialty medical group in New York City operating under the Rendr name. The combined enterprise is backed by healthcare-focused private equity firms Ascend Capital Partners and Kain Capital and will expand value-based, culturally aligned care for NYC’s underserved Asian American community.

ADDMAN Engineering, LLC acquired HARBEC Inc., a diversified contract manufacturer specializing in precision machining, metal and polymer 3D printing, and injection molding. Headquartered in Ontario, New York, HARBEC expands ADDMAN’s polymer product lifecycle capabilities and adds 160 employees, strengthening ADDMAN’s engineering talent and manufacturing footprint.

Incline Equity Partners, a Pittsburgh-based private equity firm, announced an investment in Icreon, a digital transformation agency serving enterprise and mid-market clients. Headquartered in New York, Icreon provides digital transformation services including strategy, product design, and back-end engineering, and plans to accelerate growth with Incline’s support.

IT Solutions, a managed services provider, has acquired CHIPS Technology Group, a New York-based provider of IT support, cybersecurity, and compliance services. The deal expands IT Solutions’ managed IT and security services footprint into the Long Island and New York metro region and leverages CHIPS’ security and compliance expertise.

Municipal Emergency Services (MES, Inc.), a portfolio company of Platte River Equity, acquired Coastal Fire Systems, Inc. Coastal Fire Systems, founded in 2005, is a 3M Scott sales and service provider serving municipalities and volunteer fire departments across Long Island, New York.

Tech24, backed by HCI Equity Partners, acquired TEK Express on October 7, 2022 in its fourteenth add-on acquisition since HCI’s initial investment in 2020. TEK Express, based in Lynbrook, New York, provides repair, preventative maintenance, and installation services for commercial cooking and refrigeration equipment in the New York City market. The deal expands Tech24’s service density and scale in the country’s largest metropolitan area; financial terms were not disclosed.

iuvo BioScience, a specialty contract research organization (CRO) headquartered in Rochester, New York, signed a definitive agreement to be acquired by private equity firm Ampersand Capital Partners. Ampersand’s investment will support expansion of iuvo’s integrated service offerings and laboratory capacity and fund an inorganic growth strategy, with founders Ben Burton and Mary Richardson continuing in leadership roles and remaining shareholders.

Risk Strategies acquired Standard Pension Services, LLC to bolster its financial services and retirement planning capabilities. Standard Pension is a long-standing employee and corporate benefits and retirement planning firm based in Garden City, New York; deal terms were not disclosed.

O2 Investment Partners, through its portfolio company BerlinRosen, made an investment in and partnered with Derris, a New York-based brand consultancy and communications firm. Derris will continue to operate under its existing brand with founder/CEO Jesse Derris and partner Lisa Frank continuing to lead the business, while leveraging BerlinRosen’s resources to expand service offerings. Financial terms were not disclosed.

Acuity Knowledge Partners acquired Cians Analytics to expand its research, analytics, and knowledge process outsourcing support for financial services firms globally. The deal is Acuity’s first bolt-on acquisition since its 2019 buyout by Equistone, and all Cians employees will join Acuity; financial terms were undisclosed.

Granite Comfort, a residential HVAC and plumbing platform company backed by Tiger Infrastructure Partners, has acquired Yost & Campbell Heating, Cooling & Generators. The deal expands Granite Comfort’s presence into New York, adding an 83-year-old residential heating, cooling, and generator services provider serving Westchester and Bronx County. Tom and Kevin Monahan will continue with the business following the transaction.

Modern Aviation closed its acquisition of the fixed-base operator (FBO) assets and operations at Francis S. Gabreski Airport (FOK) and Republic Airport (FRG) from Sheltair Aviation after receiving required government approvals. The transaction expands Modern Aviation’s New York footprint, with local Sheltair employees joining Modern Aviation as it assumes operations at both locations.

AUA Private Equity Partners has consummated the sale of Water Lilies Food, LLC, a manufacturer of premium frozen Asian appetizers, to affiliates of Blue Point Capital Partners. Water Lilies is headquartered in Bay Shore, New York, and expanded its operational footprint and capabilities during AUA Private Equity’s ownership.

Splash Car Wash announced the acquisition of 4 Seasons Car Wash, which operates two car wash sites in Liverpool, New York. One site is already an express wash and the second, currently self-service, will be converted to an express format in the coming months. The deal increases Splash’s total location count to 54 across New York, Connecticut, and Vermont.

Orangewood Partners announced its successful exit of George Industries, a designer and manufacturer of mission-critical engineered components serving the defense, aerospace, and industrial sectors. Financial terms were not disclosed. Orangewood originally acquired George in 2016 in partnership with the founding family.

Mediaocean, an omnichannel advertising platform provider, has acquired Imposium, a video production and personalization technology company. The deal brings Imposium’s real-time video rendering and automated creative capabilities further in-house to enhance Flashtalking by Mediaocean’s Lightning Renderer and expand personalization for CTV, digital video, and linear TV advertisers.

Magna Legal Services has acquired On Time Reporting, Inc., expanding its presence in the New York court reporting market. On Time Reporting, founded by Debra Coletto and based in Mineola, New York, will continue operating as usual while gaining access to Magna’s broader litigation support service lines.

GlacierPoint Enterprises, a portfolio company of Mill Point Capital and parent of multiple DSD distribution businesses, acquired Marina Ice Cream Corp. Marina is a full-service direct store delivery distributor of ice cream and other food & beverage products serving the New York Metro area, and the deal expands GlacierPoint’s regional footprint and product portfolio.

Splash Car Wash announced it has acquired Fast Lane Oil Change & Car Wash in Brewster, New York. Splash plans to convert the site to an express wash with equipment upgrades and expanded membership access across its Brewster-area locations, with renovations expected to be completed by Q4 2022.

NinjaCat announced the acquisition of Shape.io to expand its digital marketing performance management platform. Shape.io adds PPC budget management, monitoring, and automation capabilities, strengthening NinjaCat’s goal of providing an all-in-one platform and single source of truth for marketing data. Deal terms were not disclosed.

IMA Financial Group and York International Agency LLC announced a strategic partnership under which York will join the IMA Financial Group of companies effective immediately. York will retain its Westchester County office and continue under its existing leadership while gaining access to IMA’s resources, specialty expertise, and technology investments to support growth in the New York metro area and specialty lines such as real estate insurance.

Accelalpha, a portfolio company of Century Park Capital Partners, completed the acquisition of Frontera Consulting, an Oracle Cloud applications implementation and managed services provider. The combination expands Accelalpha’s geographic reach and broadens its Oracle Cloud solution delivery capabilities across multiple industry verticals.

Bishop Lifting Products, a portfolio company of Altamont Capital Partners, has completed the acquisition of All-Lifts, Inc., a fabricator of lifting slings, wire rope slings, and below-the-hook lifting devices headquartered in Albany, New York. The deal expands Bishop’s footprint in New York and the Northeast, and All-Lifts’ owner Brian Dewey will take on a leadership role with Bishop following the closing.

National Trench Safety (NTS) acquired the assets and operations of Vellano Shoring and Supply, a trench shoring and safety rental and sales provider with locations in Buffalo and Albany, New York. The acquisition expands NTS’s trench safety operations and regional reach across parts of the Northeast, and Vellano’s President & CEO Paul Vellano is expected to join NTS’s district leadership team.

First Eagle Investments completed its previously announced acquisition of alternative credit manager Napier Park Global Capital. The deal expands First Eagle’s alternative credit capabilities and increases its pro forma assets under management, with Napier Park continuing to operate as an autonomous, wholly owned unit under the First Eagle platform.

Cypress Creek Renewables acquired a 100MW solar transmission project from Carson Power to expand its NYISO development portfolio in New York. The project is located near Rochester, New York, is in early-stage development, and is expected to enter service in 2026. Carson Power will continue to co-develop the project while Cypress Creek leads principal development, offtake, procurement, and financing.

Funds advised by Permira agreed to make a strategic investment in Reorg, a provider of data, analytics and intelligence for the credit markets. As part of the transaction, Warburg Pincus will sell its majority shareholding in Reorg to Permira, while Reorg’s management team will retain a significant ownership interest.

GracoRoberts acquired Styles Aviation, Inc. (dba SkyGeek.com) to expand its global ecommerce capabilities and deepen its offering in the aerospace MRO segment. SkyGeek will continue operating from LaGrangeville, New York, serving as an important distribution hub for the combined company in the Northeastern United States. The acquisition was supported by GracoRoberts’ private equity sponsor, CM Equity Partners.

FMG, a SaaS marketing software and services provider for financial advisors and insurance agents, has acquired Vestorly. The deal expands FMG’s artificial intelligence capabilities by adding Vestorly’s AI-driven content curation and content management technology and includes acquiring Vestorly’s client base.

Cuadrilla Capital, LLC acquired Chartbeat, Inc., a content analytics SaaS platform serving major digital media organizations. Chartbeat will continue to be led by CEO John Saroff, and financial terms were not disclosed. The investment is intended to support Chartbeat’s continued scaling through product innovation and market expansion.

Stirista announced the acquisition of ZDI, a New York-based data-driven digital creative branding and design firm. The deal expands Stirista’s full-service cloud and omnichannel marketing capabilities, including CTV-focused creative and video offerings, and brings ZDI’s customers and team into Stirista. ZDI founder Richard Zimmer will join Stirista as Vice President of Brand and Creative.

Fidelity Payment Services announced a strategic growth investment from PSG, with participation from existing investor H.I.G. Growth Partners. The investment will support Fidelity Payment Services’ expansion plans, including accelerating go-to-market initiatives, continued development of its Cardknox payments platform, and future M&A activity; financial terms were not disclosed.

Stagwell (NASDAQ: STGW) has acquired Apollo Program, a real-time, AI-powered SaaS platform that delivers consumer, creative, and contextual insights for marketers. Apollo will be integrated into the Stagwell Marketing Cloud and connected with Stagwell’s Consumer Understanding and Engagement (CUE) data and insights unification tool. Financial terms were not disclosed and Apollo will continue to be led by its current team, including co-founder and CEO Jim Caruso.