Acquisitions in North Carolina, United States

Liberty Waste Solutions, backed by private equity firm Allied Industrial Partners, acquired AJ Disposal, a residential and commercial front-load waste operation based in Asheboro, North Carolina with a service presence in the greater Greensboro market. The deal expands Liberty’s footprint in North Carolina and supports further service expansion in the Asheboro and Greensboro regions; financial terms were not disclosed.

Columbus McKinnon Corporation has completed its acquisition of Kito Crosby Limited from funds managed by KKR. The combination is intended to create a global leader in lifting solutions, with Columbus McKinnon expecting $70 million of net annual run-rate cost synergies and improved adjusted EBITDA margins.

Crestview Partners has completed the acquisition of Tailwind Hospitality Inc., an airport concessions operator providing food, beverage and retail offerings in non-hub and regional airports, from Palladin Consumer Retail Partners. Crestview is investing alongside AltitudeX Aviation Group and members of Tailwind’s existing management team, with CEO Jeff Switzer continuing to lead the company. Financial terms were not disclosed.

Virtual Technologies Group (VTG), an IT, security, and cloud services firm backed by Jacmel Partners, acquired Whitlock Infrastructure Solutions, a software reseller and IT services firm focused on IT operations management for enterprise organizations. The deal expands VTG’s commercial enterprise and federal services capabilities by adding Whitlock’s IT consulting, managed services, and software-provider relationships. Financing for the transaction was arranged by Brightwood Capital Advisors.

Advancing Sight Network and Miracles In Sight announced the merger of their organizations, combining operations under a new unified nonprofit brand, Precision Ocular Network. The combined organization will focus on eye banking services alongside expanded research, cellular therapeutics, and clinical trials to advance sight restoration.

Prime Capital Financial acquired Bradshaw Rogers Financial Partners, Inc., a Salisbury, North Carolina-based wealth management firm with approximately $600 million in assets under management. The seven-person Bradshaw Rogers team, including founders Trent Bradshaw and Brandon Rogers, will join Prime Capital Financial as partners, supporting Prime Capital Financial’s expansion of its planning-first and tax-integrated platform following the launch of its Tax Advisory practice.

UBEO Business Services, a national provider of business technology, has acquired Advanced Business Equipment (ABE), a locally owned office technology dealer with over 40 years of operations. The deal expands UBEO’s presence in Western North Carolina and Upstate South Carolina, with the existing ABE team expected to remain in place to continue local customer support.

Argano, LLC (a portfolio company of Trinity Hunt Partners) acquired Advantco International, LLC, a provider of SAP and Oracle enterprise integration software and services, from Montage Partners. The deal expands Argano’s Data and Integration practice by adding Advantco’s pre-built integration adapters and related custom development capabilities for complex, multi-cloud enterprise environments. Financial terms were not disclosed, and the transaction closed in December 2025.

Prometheus Group, an enterprise asset management (EAM) software provider, acquired Webalo, an AI-enabled connected worker platform for frontline teams. The combination aims to create a closed-loop digital execution platform that captures plant-floor data at the point of work and routes it into Prometheus’ workflows and systems of record to improve planning, execution, compliance, and real-time operational insight. Financial terms were not disclosed.

ProSys Fill LLC announced it has purchased Pendergraph Machines to broaden its filling and labeling equipment offerings and expand into complementary end markets. ProSys (based in Webb City, Missouri) and Pendergraph (based in Durham, North Carolina) serve similar customers with different filling solutions, and the acquisition is intended to drive growth by leveraging both companies’ strengths.

Atlantis Fire Protection acquired Armor Fire Services, a fire and life safety services company based in Mount Holly, North Carolina. Founder and president Mike Jaggers and Kimberly Jaggers will continue to operate the business and retain the Armor Fire Services brand under Atlantis Fire Protection ownership. Atlantis Fire Protection is backed and managed by Lynch Holdings and Capital Alignment Partners.

Broadtree Partners acquired ACME Plumbing Company, a fourth-generation commercial and residential plumbing services provider headquartered in Durham, North Carolina. ACME will serve as Broadtree’s platform investment for its mechanical, electrical, and plumbing (MEP) services strategy, with former owner and CEO Larry Tilley remaining in an advisory role and Tripp Andracchio joining as CEO.

Sigma Companies International Corp. ("SIGMA"), a portfolio company of Wind Point Partners, acquired Masonry Supply, Inc. ("MSI") and its Tricast-branded product line. MSI, based in Selma, North Carolina, manufactures and supplies municipal waterworks castings, polymer enclosures, and related waterworks accessory products; the deal expands SIGMA’s waterworks portfolio and strengthens fulfillment capabilities in the Southeast United States.

Intune Physical Therapy acquired Epic Physical Therapy, a six-clinic outpatient physical therapy practice serving the greater Raleigh market. The deal marks Intune’s entry into North Carolina and expands its footprint to eight clinics across two states.

Versatrim, headquartered in Henderson, North Carolina, has acquired Artistic Finishes, a manufacturer of solid wood moldings, stair treads, vents, and finishing technologies. The deal combines the companies’ manufacturing scale and finishing craftsmanship to create a more integrated North American portfolio of moldings, stair solutions, and flooring accessories, with Artistic Finishes continuing to operate as a distinct brand within Versatrim.

Brodie Generational Capital Partners (BGCP) acquired Sur-Seal, LLC from Heartwood Partners III, LP (Fund III) and affiliated entities. Sur-Seal is an engineered sealing, thermal management, and advanced materials converting solutions provider serving end markets including electric vehicle/mobility, HVAC, medical, and industrial technology; transaction terms were not disclosed.

Fortune International, LLC acquired Simply Fresh, a Durham, North Carolina-based processor and purveyor of fresh fish and seafood. The deal strengthens Fortune International’s local fresh seafood sourcing and custom-cutting capabilities in the Mid-Atlantic and Southeast markets, with Simply Fresh’s team joining Fortune Fish & Gourmet operations in North Carolina.

IT Solutions, a managed service provider, acquired Technology Associates, an IT service provider headquartered in Raleigh, North Carolina. The deal expands IT Solutions’ service capabilities and strengthens its East Coast footprint, particularly across North Carolina and the Carolinas region. Financial terms were not disclosed.

Jordan Partners LLC announced a strategic growth investment in Vanguard Claims Administration, Inc., a third-party administration (TPA) and independent adjusting (IA) platform serving the property and casualty insurance market. The investment is intended to support Vanguard’s expansion, including technology and data reporting enhancements and a disciplined acquisition strategy in the TPA/IA sector.

Enceladus Partners completed an investment in Smith Excavating, LLC (SMEX), a second-generation, family-owned, tech-enabled infrastructure and utility maintenance services provider. Smith Excavating is headquartered in Winston-Salem, North Carolina and provides right-of-way vegetation management, infrastructure asset repair and maintenance, and industrial site services across the Mid-Atlantic region. The transaction provides capital and partnership support to accelerate SMEX’s regional expansion and continued investment in technology, fleet, and personnel.

Parella Motorsports (Parella Motorsports Holdings and its SpeedTour events platform) acquired Racing America, a digital-first motorsports media platform providing live streaming and original content focused on grassroots, amateur, and stock car-adjacent racing. The combined organization will operate under the Racing America brand and be headquartered in Charlotte, North Carolina; financial terms were not disclosed.

Torque Capital Group acquired Joe Gibbs Manufacturing Solutions from Joe Gibbs Racing and rebranded the business as JGA Space & Defense. The company is repositioning from its performance racing roots to become a focused supplier to the space and defense sectors, including specialty composites, solid rocket motor propulsion assemblies, and precision-machined aerospace and defense components. Torque Capital plans to provide financial and operational support to accelerate growth, including expanding manufacturing capacity in Huntersville, North Carolina.

SiteOne Landscape Supply, Inc. (NYSE: SITE) completed the acquisition of French Broad Stone Yards, a wholesale distributor of hardscapes products. French Broad Stone Yards operates two locations in Arden and Brevard, North Carolina, and the deal expands SiteOne’s presence in the North Carolina mountain region.

Premier, Inc. stockholders approved the previously announced acquisition of Premier by an affiliate of Patient Square Capital. Under the agreement, Premier shareholders will receive $28.25 per share in cash, and the transaction was expected to close on or about November 25, 2025, subject to customary closing conditions.

Patient Square Capital completed its acquisition of Premier, Inc. in a transaction valuing Premier at approximately $2.6 billion. Premier stockholders will receive $28.25 per share in cash, and Premier’s common stock ceased trading and was delisted from Nasdaq effective November 25, 2025.

Sigma Performance Services Racing (SPS Racing) announced the acquisition of AM Racing, bringing the two motorsports organizations under one banner with support from Ford Racing. The transition begins immediately and positions SPS Racing to expand entries across the Xfinity Series, ARCA Menards Series, and an expanded late model program starting with the 2026 season.

King Risk Partners acquired Stuart Surles Insurance, an independent insurance agency based in Angier, North Carolina. The acquisition expands King Risk Partners' presence in North Carolina and strengthens its capabilities in farm-related insurance offerings alongside other personal lines coverage.

ARC Health Partners, a national community of mental healthcare providers backed by Thurston Group, acquired Clarity Counseling Center, an outpatient therapy practice headquartered in Wilmington, North Carolina. The acquisition expands ARC Health’s footprint in North Carolina and adds another partner practice to ARC’s mental healthcare platform.

Landscape Workshop (LW) acquired Live Oak Landscape, LLC to expand its commercial landscape maintenance presence in the Charlotte, North Carolina market and across the Southern United States. Live Oak owner Matt Kaylor joined Landscape Workshop as an Account Manager, and Live Oak’s employees will join the LW team. Landscape Workshop is backed by Ares Management Corporation.

Decisions and ProcessMaker announced a merger to form a combined business automation and AI orchestration platform positioned in the Business Orchestration and Automation Technologies (BOAT) market. The merged company will integrate ProcessMaker’s AI-enriched workflows, low-code development and intelligent document processing with Decisions’ rules engine, orchestration and case management capabilities. The combined entity is backed by Aldrich Capital Partners and will be led by CEO Giles Whiting.

American Bancorp Inc., parent of American Pride Bank, completed a merger with New Republic Partners Inc., parent of Charlotte-based New Republic Bank. The deal was structured as a stock-for-stock exchange, and New Republic Bank will become a sister bank within the American Bancorp family and later be rebranded as American Pride Bank following phased systems integration.

Align Capital Partners (ACP) completed an investment in Advantage Investigations, an insurance investigative services provider specializing in surveillance, research, and related solutions. The transaction was completed via an acquisition from MD Holdings, with CEO Shelly Kummings continuing to lead the business as ACP supports Advantage’s growth strategy, technology roadmap, and continued M&A expansion.

JoyBridge Kids (JBK), a provider of multidisciplinary care for children with autism, acquired Pediatric Advanced Therapy (PAT), a North Carolina-based pediatric therapy provider offering speech, occupational, and physical therapy plus counseling services. The deal expands JoyBridge Kids’ integrated Applied Behavior Analysis (ABA) and supportive therapy platform across the Southeastern United States, with PAT’s business owner and CEO Lonny Bernath remaining with the combined organization. Frontline Healthcare Partners is an investor in JoyBridge Kids.

Platinum Equity has completed its acquisition of PlayPower, a designer and manufacturer of recreational and outdoor living systems, from Littlejohn & Co., LLC. PlayPower, headquartered in Huntersville, North Carolina, produces products including playground systems and recreational equipment for schools, parks and recreation departments, residential communities, hospitality venues, and commercial/industrial facilities. Financial terms were not disclosed.

Cabin Consulting, a digital experience consultancy, announced it has acquired Cloud Connects, a boutique Salesforce consultancy. The deal expands Cabin’s Salesforce implementation capabilities (including Sales Cloud, Service Cloud and related solutions) and strengthens its ability to deliver end-to-end digital transformation services for enterprise clients.

Next Glass, a global provider of software, data, e-commerce, and marketing solutions for the beverage alcohol industry, acquired Ekos, a supply chain and production management software platform for craft beverage producers. Ekos (founded in 2014 and based in Charlotte, North Carolina) serves over 1,200 producers across breweries, wineries, distilleries, cideries, and cannabis beverage producers. Next Glass plans to integrate Ekos with its Ollie platform and ordering products, and announced an immediate two-year price freeze for existing Ekos customers.

Oasis Health Partners acquired PreferCare, an Asheville, North Carolina-based management services organization, to expand its proactive, value-based primary care model for seniors into North Carolina. PreferCare will join Oasis to bring additional analytics, clinical and quality programs, and a scalable value-based operating model to support independent physicians and in-home/virtual care for at-risk seniors.

PremiStar, a provider of commercial and industrial HVAC, plumbing, and building-automation services, announced that Smith's Refrigeration has joined the PremiStar family of companies. The transaction expands PremiStar’s mechanical contracting capabilities in North Carolina and South Carolina. Smith's Refrigeration was advised by Copper Run.

MB2 Dental partnered with and acquired A Beautiful Smile, a family-focused dental practice led by Dr. Gina Mancini in Jacksonville, North Carolina. TUSK Practice Sales advised A Beautiful Smile on the transaction. MB2 Dental is backed by private equity firms Charlesbank Capital Partners and Warburg Pincus.

TPG (via TPG Capital) and Corpay completed the take-private acquisition of AvidXchange Holdings, Inc. for $10.00 per share, valuing the company at approximately $2.2 billion. In the transaction, TPG acquired a majority interest and Corpay purchased a minority stake (34%) for about $550 million, with Corpay also holding an option to acquire the remaining equity later.

Marlin Equity Partners completed a growth investment in Intelligent Locations, an AI-powered real-time location system software provider for healthcare enterprises. The investment will support continued development of Intelligent Locations’ INTRAX platform to optimize hospital business and clinical operations. First Analysis also participated, while founder Bogdan Nedelcu and HealthX Ventures will retain significant stakes; financial terms were not disclosed.

SiteOne Landscape Supply, Inc. acquired Red's Home & Garden, a wholesale distributor of nursery and hardscapes products with a location in Wilkesboro, North Carolina. The acquisition expands SiteOne’s footprint into North Carolina’s Appalachian market and supports broader distribution of its landscape product lines.

TopBuild Corp. acquired the mechanical insulation and spray foam capabilities of Specialty Products and Insulation (SPI) for $1.0 billion in an all-cash transaction that closed on October 7, 2025. The deal excludes SPI’s metal building insulation business, which seller Incline Equity Partners will retain along with SPI’s Therm-All brand and Dispro, a Canadian mechanical insulation distributor. SPI is headquartered in Charlotte, North Carolina and is a specialty distributor and fabricator of mechanical insulation solutions across North America.

Alpine Intel, a provider of forensic investigation and insurance intelligence services, announced the acquisition of HMI. Based in Cary, North Carolina, HMI provides technology- and standards-driven outdoor property claims services (including emergency tree removal support, estimate reviews, and replacement/repair cost estimates for tree and landscape losses), expanding Alpine Intel’s data-driven solutions for insurance carriers.

Cetera Financial Group’s employee-based RIA, The Retirement Planning Group (TRPG), closed its acquisition of HMC Partners, adding approximately $425 million in assets. HMC Partners, headquartered in Greensboro, North Carolina, serves more than 500 households nationwide, and co-founders/advisors John Hardy and Gib McEachran joined TRPG following a multi-year affiliation with Summit Financial Networks.

Hatcher Landscape Partners (HLP), a newly formed commercial landscape platform backed by Walnut Grove Capital Partners, acquired GreenView Partners. GreenView, a commercial landscape services firm headquartered in Raleigh, North Carolina, will be integrated into HLP to expand service capabilities and footprint across the Southeastern United States.

Glooko, Inc. acquired Monarch Medical Technologies, the developer of the FDA-cleared EndoTool Glucose Management System for inpatient insulin dosing and glycemic management. The deal expands Glooko’s connected diabetes digital health platform from outpatient care into hospital settings, aiming to create an integrated inpatient-to-outpatient “hospital-to-home” diabetes management solution. Financial terms were not disclosed.

Main Street Capital Corporation completed a new portfolio investment to facilitate a minority recapitalization of The Financial Risk Group, LLC (FRG), a technology-enabled risk management advisory and software solutions firm. Main Street invested $14.0 million through a combination of first-lien senior secured term debt and a direct equity investment, partnering with FRG’s founders and management team. FRG was founded in 2006 and is headquartered in Cary, North Carolina.

DelCam Capital acquired Gaston Electronics, a UL 508A industrial control panel shop and vertically integrated electronics manufacturer headquartered in Mount Holly, North Carolina. The acquisition will integrate Gaston into DelCam’s portfolio company Space Age Electronics, expanding the platform’s capabilities in control panel design/manufacturing, electronics manufacturing, and prefabrication for fire, building, and HVAC markets.

Eyas Capital acquired BOJ of WNC LLC, the largest Bojangles franchise group, in a deal that includes 120 restaurant locations across six states. BOJ of WNC LLC is led by franchisee Jeff Rigsby. Eyas Capital plans to expand the Bojangles footprint in the Cincinnati and Columbus, Ohio markets to more than 40 locations.

Centre Partners and Baldwin Creek Partners formed TruTemp Holdings, LLC through the acquisition of Maynor Service Company. Maynor, a residential-focused HVAC, plumbing, and electrical services provider headquartered in Raleigh, North Carolina, serves as the foundational platform for TruTemp’s buy-and-build consolidation strategy across the Southeast. Maynor President Brett Chappell invested alongside the sponsors and will lead the business.

Sverica Capital Management announced the sale of its portfolio company RMS Healthcare Management, doing business as Med First, a primary care provider operating a hybrid primary care and primary-care-on-demand clinic model. Med First, headquartered in Raleigh, North Carolina, expanded to 27 clinics during Sverica’s ownership and has been active in value-based care through accountable care organization (ACO) participation.

Spreedly, an open payments platform based in Durham, North Carolina, announced it has acquired Dodgeball, a modern fraud orchestration company. The deal aims to unify payment optimization and fraud management on a single platform and further advance Spreedly’s AI-driven payments strategy. Financial terms were not disclosed.

Salas O'Brien has expanded its engineering capabilities through a strategic merger with AME Consulting Engineers. The combination strengthens both firms’ presence in federal government and aviation work and adds depth in mechanical, electrical, plumbing, and technology design services.

Ridgeline Roofing & Restoration, a residential and commercial roofing solutions provider and a portfolio company of Bertram Capital, acquired Kenneth Daniel Roofing, a residential roofing contractor based in the Littleton, North Carolina area. The acquisition expands Ridgeline’s presence in North Carolina and supports planned growth into the neighboring southern Virginia market. Financial terms were not disclosed.

Installed Building Products, Inc. (IBP) announced the acquisition of Carolina Precision Fibers ACP, LLC, doing business as Carolina Precision Fibers (CPF). Based in Ronda, North Carolina, CPF manufactures cellulose-based insulation, hydromulch for erosion control, and composite materials for industrial applications, adding over $20 million in annual revenue and expanding IBP’s access to recycled fiber insulation materials.

AMERICAN SYSTEMS announced it has acquired Epsilon, Inc., a managed IT and cybersecurity provider headquartered in Weaverville, North Carolina. The deal is AMERICAN SYSTEMS’ largest acquisition to date and adds more than 400 employees, expanding its scale and service capabilities for federal and commercial customers. Epsilon will operate as a wholly owned subsidiary until its offerings are integrated in January 2026.

Continuim Equity Partners acquired NC Filtration (NCF), a manufacturer of consumable air filtration products and negative air units serving industrial, commercial, residential, and abatement & remediation end markets. The business is headquartered in Belmont, North Carolina and operates four manufacturing facilities. Continuim plans to use NCF as the cornerstone platform for a nationwide consumable air filtration manufacturing platform, with industry veteran Phil Whitaker joining as CEO.

Sun Auto Tire & Service acquired two automotive repair and tire service businesses: Jackson Auto Worx in Winston-Salem, North Carolina, and Hindsman & Son Tire & Service in Russellville, Arkansas. The deals expand and densify Sun Auto’s existing footprint in the Piedmont Triad/Central North Carolina corridor and strengthen its Arkansas presence by filling a gap between existing Plaza Tire Service locations.

Envestnet, Inc. completed the sale of its open finance and data analytics subsidiary, Yodlee, Inc., to private equity firm STG. The transaction, originally announced June 25, 2025, closed on September 2, 2025, following customary closing conditions, positioning Yodlee to operate as an independent brand under STG ownership.

Piedmont Lithium Inc. completed its merger with Sayona Mining Limited following approval by shareholders of both companies and satisfaction of closing conditions. The combined company will be named Elevra Lithium, creating a large hard-rock lithium platform with a portfolio of development-stage projects positioned to supply lithium demand for electric vehicles and energy storage.

Partners Group, acting on behalf of its clients, agreed to acquire a significant minority stake in restor3d in the company’s first institutional investment. The transaction includes $65 million of new equity from Partners Group as part of a $104 million total raise (including $39 million from existing shareholders) to support restor3d’s product innovation and commercial expansion in personalized orthopedic implants.

SuperHero Fire Protection, a portfolio company of Hidden Harbor Capital Partners, announced a strategic partnership to acquire Strategic Connections, Inc. The deal strengthens SuperHero’s presence in North and South Carolina and expands its recurring inspection/service work and low-voltage offerings. Strategic Connections will continue to be led by founder and CEO Scott McLaughlin, who will remain an active owner.

Atlantic Natural Foods, LLC (ANF) completed the sale of select assets comprising its Loma Linda, neat, and TUNO shelf-stable plant-based foods business units, along with Kaffree Roma, to Century Pacific North America. The transaction was approved through a bid process and by the United States Bankruptcy Court for the Eastern District of Louisiana, and includes a transition period with Century Pacific assuming ownership and ongoing supply to global markets.

OneDigital Investment Advisors LLC, a wholly owned subsidiary of OneDigital, announced the acquisition of the wealth management practice of Chuck Furr. The deal expands OneDigital’s financial services presence in the South region and adds the Greensboro-based advisor team to OneDigital’s national platform.

CCMP Growth Advisors, LP acquired Airo Mechanical, a provider of HVAC and plumbing installation services for multifamily and light commercial projects in the Southeastern United States. The company was acquired from an investor group led by Thomas Investments and Stephens Capital Partners, with Airo’s management team retaining significant equity and continuing to lead the business.

BridgeTower Media has acquired Grace Media, publisher of Window Fashion VISION magazine (including wf-vision.com) and producer of the International Window Coverings Expo (IWCE). The deal expands BridgeTower Media’s B2B media, business intelligence, and events portfolio in the window coverings vertical; financial terms were not disclosed.

Integrated Openings Solutions (IOS) announced the acquisition of B.A. Hoft, Inc., a Raleigh, North Carolina-based supplier of commercial doors, frames, hardware, and Division 10 specialties. The deal expands IOS’s operational footprint in North Carolina by adding the Raleigh/Durham market to its existing presence in Charlotte and strengthens its end-to-end commercial opening and integrated security solutions offering.

1754 Properties LLC acquired the 319-room Marriott Winston‑Salem, a full-service hotel in downtown Winston‑Salem, North Carolina, for an undisclosed amount. Hospitality Ventures Management Group (HVMG) will continue to operate the property following the transaction. 1754 Properties also announced plans to invest over $5 million to upgrade the hotel’s meeting space, hallways, and infrastructure.

HPI, a provider of self-funded health plan solutions, acquired MedCost, a North Carolina-based third-party administrator (TPA) and PPO network. The transaction expands HPI’s geographic reach and network options across the Southeast, enhancing offerings for multi-state employers and health system clients. Ansley Securities, LLC served as HPI’s financial advisor on the deal.

Sonoran Desert Institute (SDI) acquired CL Driving School, LLC, a CDL truck-driving training provider based in Indian Trail, North Carolina. The transaction closed on July 23, 2025, with Generational Group advising CL Driving School on the sale.

Simplicity Group Holdings ("Simplicity") acquired Planscope360, an integrated administration platform serving K-12 school districts with retirement and savings plan solutions. Planscope360 is based in Durham, North Carolina, and its leaders Al Otto and Robert McLean will join Simplicity as partners. Planscope360 was initially backed by Verity, a previously acquired Simplicity business.

Publicis Groupe acquired experiential marketing agency Bespoke Sports & Entertainment in a full buyout; financial terms were not disclosed. Bespoke will join Publicis Sports within Publicis Connected Media while retaining its name, with co-founders/leadership Mike Boykin (CEO) and Greg Busch (President) continuing to run the Charlotte-based agency.

Watchtower Capital completed the simultaneous acquisitions of Fence Builders, Inc. and Green Hill Fence Company to create a combined residential and commercial fence, gate, and access control platform serving the Southeastern United States. Fence Builders will serve as the flagship/platform brand while Green Hill continues operating under its existing name and management; founder-owners Steve Shelton and Manning Garrett will retain ownership stakes and remain in leadership roles. Plexus Capital and Aldine Capital Partners participated alongside Watchtower with debt and equity co-investments (including Aldine providing subordinated debt and equity).

Simplicity Group Holdings ("Simplicity") acquired Verity Asset Management, a Durham, North Carolina-based registered investment advisor founded in 1996. Verity’s leadership team—Gordon Wegwart, Sean McGill, Amy Simonson, and Jeff Munsey—will continue to lead the business and become Simplicity partners as Verity integrates into the Simplicity platform and expands its wealth management and 403(b) retirement services offering.

Brooks Safety Solutions (BSS), a portfolio company of H.I.G. Capital, has acquired FireResQ, Inc., an e-commerce distributor specializing in fire hoses and related parts. FireResQ’s senior leadership will remain in place and become significant shareholders of BSS, expanding BSS’ product breadth in fire, life safety, and security solutions.

I&S Group (ISG), a full-service architecture and engineering firm, acquired Lift Environmental Design, a landscape architecture and planning firm headquartered in Durham, North Carolina. The deal expands ISG’s landscape architecture and environmental design capabilities and deepens its presence in North Carolina’s Research Triangle, following ISG’s recent expansion to Raleigh via its acquisition of JDAVIS.

StormTrap, a stormwater management systems provider and a flagship company in the PSP Capital Partners portfolio, acquired Faircloth Skimmer, a manufacturer of floating skimmer/surface drain dewatering devices used in sediment basins and stormwater ponds. Faircloth Skimmer will continue operating under its brand, with its management team remaining in place, as it becomes a subsidiary and affiliate of StormTrap. Aiglon Capital was the seller of Faircloth Skimmer in the transaction.

ZenaTech, Inc. closed the acquisition of Morgan Surveying, Inc., a Greensboro, North Carolina-based land surveying firm, marking ZenaTech’s first completed acquisition in North Carolina. The deal expands ZenaTech’s Drone as a Service (DaaS) footprint in the U.S. Southeast and supports increased opportunities with government and commercial customers by integrating AI-powered drones into surveying services.

Petroleum Transport Co. Inc. acquired Pope Transport, the fuels transportation business of E.J. Pope & Son. Pope Transport operates a fleet of nearly 50 tractors and 90 trailers serving customers across Virginia, North Carolina, South Carolina and Georgia. Matrix Capital Markets Group advised E.J. Pope & Son on the sale, which marks the Pope family’s full exit from the fuels industry.

Lake Street Capital Partners established a new residential services platform, Exterior Home Services, LLC d/b/a HighPoint Exterior Home Services, focused on roofing and related exterior residential services. Concurrently, Lake Street Capital Partners completed a majority investment in Choufani & Bailey Roofing & Restoration, a North Carolina-based provider of roofing, gutter, siding, and window repair and replacement services.

H3 Manufacturing Group, a portfolio company of Rock Gate Partners, acquired RFR Metal Fabrication. RFR Metal Fabrication is a precision metal fabrication business based in Oxford, North Carolina, providing services such as laser cutting, CNC machining, welding, and powder coating.

Acute Behavioral Health (ABH) announced it has completed the acquisition of Oakwood Treatment Center, a psychiatric residential treatment facility (PRTF) in Kinston, North Carolina. Oakwood, previously part of the Nova Behavioral Health network, will continue serving the community under new ownership as ABH expands its footprint and continuum of services for youth behavioral health.

Neovera acquired Greenway Solutions, an adversarial fraud testing firm, to add live fraud-control testing and "Fraud Red Team" capabilities to its cybersecurity and cloud services portfolio. Greenway, founded in 2004 and headquartered in Charlotte, North Carolina, helps banks, fintechs, healthcare providers, and other regulated organizations test fraud defenses using real-world tactics in production environments.

Pro Towels, a Pittsburgh-based supplier, acquired Lifestyles by Ramco, a division of North Carolina-based Ramco, to expand its dye sublimation capabilities and broaden its lifestyle and home décor product offerings. The deal is intended to streamline operations, reduce lead times, and support growing demand for American-made customizable merchandise; financial terms were not disclosed.

Teamworks raised $235 million in an oversubscribed Series F financing round led by returning investor Dragoneer Investment Group at a pre-money valuation exceeding $1.0 billion. The funding (a combination of primary and secondary capital) will support Teamworks’ expansion of AI-powered capabilities and product development across its sports technology platform.

King Risk Partners announced the acquisition of Nobles Insurance Agency, Inc., an independent insurance agency with offices in Raleigh and Clayton, North Carolina. The deal strengthens King Risk Partners’ presence in the Carolinas and expands its ability to provide insurance solutions across North Carolina.

Brixey & Meyer Capital (BMC) acquired Universal Distribution Group (UDG), a Charlotte, North Carolina-based provider of aftermarket automotive shop equipment sales, installation, and technical field service. UDG was acquired from founder Josh Lyerly, who will retain an ownership stake and continue in a leadership role. The deal represents the third investment in BMC’s aftermarket automotive shop equipment platform, expanding its geographic coverage across the Southeast.

Atwell acquired the operations of Capital Civil Engineering (CCE), a civil engineering firm based in Apex, North Carolina. The deal expands Atwell’s engineering resources and presence in North Carolina and the broader Southeast, adding CCE’s capabilities in engineering, site/land planning, and stormwater management.

PlayMetrics and Stack Sports announced a merger to form a combined sports management technology platform serving sports organizations worldwide. Genstar Capital supported the combination and will be the majority owner of the combined company. As part of the transaction, Genstar acquired PlayMetrics from Blue Star Innovation Partners (BSIP).

An affiliate of Angeles Equity Partners, LLC acquired a majority interest in Solid Surface Care Holdings, Inc. (Solid Surface Care Inc., “SOLID”), a national provider of specialty commercial surface maintenance and restoration services. Stellus Capital Management, LLC affiliates provided senior (unitranche) debt financing and an equity co-investment to support the acquisition. SOLID is headquartered in Charlotte, North Carolina, and will continue to be led by co-founder and CEO Michael Crippen and the existing management team; transaction terms were not disclosed.

Ripple Fiber has agreed to acquire the assets of BridgeNET Fiber, a fiber internet provider headquartered in Statesville, North Carolina. Following the close (noted as June 4, 2025), BridgeNET will continue operating the Statesville market with Ripple Fiber’s capital support, targeting an expanded footprint of approximately 18,000 passings in the area.

Fidelity Building Services Group (Fidelity) announced the acquisition of Cyrco, inc., a Greensboro, North Carolina-headquartered provider of comprehensive cooling tower services. The deal expands Fidelity’s national footprint and enhances its service capabilities across the United States, adding Cyrco’s expertise in cooling tower repair, reconstruction, fabrication, and custom aftermarket parts.

Continuity Biosciences, LLC acquired Focal Medical, Inc., a North Carolina-based biopharmaceutical company developing iontophoresis-based, site-specific chemotherapy delivery for solid tumors including pancreatic cancer. The deal adds Focal Medical’s patent estate, technology platform and equipment, R&D facility in Cary, North Carolina, and certain licensing agreements (including with the University of North Carolina at Chapel Hill) to Continuity’s drug-delivery portfolio.

Stratus Team, LLC, a portfolio company of Brightstar Capital Partners, acquired Kilian Engineering, Inc., an MEP/FA design firm headquartered in Raleigh, North Carolina. The acquisition expands Stratus’ mechanical, electrical, plumbing, and fire alarm design capabilities and strengthens its coverage across the fast-growing Southeast region.

Mercalis and PharmaCord finalized their previously announced merger and rebranded the combined company as Valeris. Backed by Permira and Odyssey Investment Partners, Valeris will provide integrated life sciences commercialization and patient support services spanning data and strategic insights, patient support, and healthcare provider engagement tools.

Protective Industrial Products, Inc. (PIP), a portfolio company of Odyssey Investment Partners, completed the acquisition of Honeywell’s Personal Protective Equipment (PPE) business in an all-cash transaction valued at $1.325 billion. The acquired business includes major PPE brands such as Fendall, Fibre-Metal, Howard Leight, KCL, Miller, Morning Pride, North, Oliver, Salisbury, UVEX, and others, expanding PIP’s global manufacturing and distribution footprint.

Bregal Sagemount, through its Basecamp fund, announced a strategic growth investment in Opex Technologies LLC. Opex, headquartered in Raleigh, North Carolina, advises enterprise and mid-market clients on optimizing technology procurement decisions across IT infrastructure domains; financial terms were not disclosed.

Canopy Capital Partners, together with Source Capital and other co-investors, acquired Archway Service Group, LLC. Archway, headquartered in Shelby, North Carolina, provides on-call repair and preventative maintenance services for commercial foodservice equipment for retail grocery chains in the Southeastern United States. Following the acquisition, James Morgan was appointed President of Archway.

ISG, an employee-owned architecture, engineering, environmental, and planning firm, acquired JDAVIS, a multi-disciplinary design firm. The deal expands ISG’s geographic footprint to Raleigh, North Carolina and Philadelphia, Pennsylvania and strengthens capabilities across architecture, planning, landscape architecture, interior design, and procurement management.