Acquisitions in Oregon, United States

Aerodigm Wealth announced it completed a management buyout of the wealth advisory business formerly known as Delap Wealth Advisory and relaunched under the Aerodigm Wealth brand. Headquartered in Portland, Oregon, the firm positions itself as an independent, partner-owned advisor to ultra-high-net-worth individuals and families and reported approximately $1.5 billion in assets under management as of December 31, 2025.

Waverly Advisors, LLC acquired Pure Portfolios, a wealth management firm headquartered in Lake Oswego, Oregon, expanding Waverly into a new Oregon market and strengthening its Pacific Northwest presence. Pure’s founder Nik Schuurmans and CFO Toby Weber, along with the full Pure team, are joining Waverly; the acquisition increased Waverly’s assets under management by about $437 million (as of December 31, 2025). The transaction closed on January 30, 2026, and is Waverly’s 30th deal since taking an equity investment in December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform.

PaperTech, a Findlay, Ohio-based manufacturer of pressed paperboard products for food packaging and foodservice markets, has completed its acquisition of Bake-Best Trays, a Redmond, Oregon-based maker of pressed paperboard trays. The deal expands PaperTech’s pressed paperboard tray platform by adding Bake-Best’s ovenable tray formats and microwave active susceptor solutions aimed at improved cooking performance.

Tombras, a Knoxville-based independent advertising agency, acquired Portland, Oregon advertising agency Opinionated for an undisclosed amount. Opinionated will continue operating in Portland as “Opinionated, a Tombras Company” through 2026 before transitioning to Tombras West in 2027, with founder Mark Fitzloff and partner/president Trish Adams continuing to lead the business.

Arcadia Paper Mills, LLC completed the acquisition of the former Boise paper mill property at 1300 Kaster Road in St. Helens through a purchase agreement with the City of St. Helens. The deal is intended to support reactivation of the industrial site, with Arcadia planning to restart operations and manufacture paper towels and napkins using a locally hired workforce.

Agno Pharma acquired Actylis Eugene, the legacy Cascade Chemistry CDMO manufacturing business based in Eugene, Oregon. The acquisition expands Agno Pharma’s U.S. cGMP small-molecule API development and manufacturing footprint, adding R&D and GMP manufacturing facilities to support early- through late-phase clinical API production.

Aprio entered the Pacific Northwest through combinations with two Oregon-based accounting and advisory firms, Delap LLP and Hoffman, Stewart & Schmidt, P.C. The combinations closed on January 1, 2026, expanding Aprio’s presence in the greater Portland area and strengthening its regional audit, tax, and advisory capabilities, including technology-forward services such as managed IT, digital forensics, and cybersecurity (via Delap).

Elevate, a global integrated agency network, announced it has acquired experiential design studio Downstream and luxury hospitality design studio GA to expand and unify its Elevate Creative offering. The combination expands Elevate Creative to more than 250 designers, technologists, and strategists worldwide, strengthening capabilities across immersive technology, experiential design, and hospitality environments.

Andersen Corporation, a North American manufacturer of windows and doors, announced it will acquire Bright Wood Corporation, a major independent U.S. manufacturer of window and patio door components and engineered dimensional lumber. Bright Wood will remain headquartered in Madras, Oregon and continue operating under local leadership, with Pat Meyer serving as acting CEO. The Stovall family, which has owned Bright Wood for roughly 65 years, was acknowledged as the founding/owning family in the transaction announcement.

Mercer Global Advisors, Inc. (Mercer Advisors) acquired Thompson Advisory Services, a Portland, Oregon-based registered investment adviser managing about $260 million in client assets. The deal expands Mercer Advisors’ presence in the Pacific Northwest/Portland market and brings Thompson Advisory’s four-person, planning-first wealth management team into Mercer’s national platform.

NiTEO Products, a portfolio company of Highlander Partners, acquired Folexport, Inc. ("Folex") from Barrett and Patty Lash. Folex is a Tualatin, Oregon-based manufacturer of cleaning products for carpets, fabrics, and hard surfaces, and the deal expands NiTEO’s Household Products division and supports its strategy of building a portfolio of branded home care and automotive chemical products. Monroe Capital LLC provided senior financing facilities and NMP Capital provided mezzanine debt and equity to support the transaction.

Vero Broadband, LLC, operating as Vero Fiber, completed its acquisition of BendTel, Inc. following final Federal Communications Commission approval, with the transaction closing on December 1, 2025. BendTel (a Bend, Oregon-based telecommunications provider) will be integrated into Vero, adding staff, infrastructure, and customers to accelerate Vero’s fiber-to-the-home and broader fiber expansion across Central Oregon.

Twin River Berries announced it has acquired Oregon Berry Packing, Inc., a grower-packer of premium Pacific Northwest berries. The deal expands Twin River Berries’ berry platform and supports its strategy to build a vertically integrated supply chain serving major retailers and distributors in North America and Asia.

Catapult Book Group has acquired Portland-based independent press Hawthorne Books & Literary Arts, including Hawthorne’s full catalog of titles and the Hawthorne trademark. Hawthorne will become the fourth imprint within the Catapult publishing collective (alongside Catapult, Counterpoint Press, and Soft Skull Press), and its distribution will transition from Publishers Group West to Penguin Random House. Hawthorne founder Rhonda Hughes will remain involved as Contributing Editor, acquiring new titles for the imprint.

Trinity Hunt Partners’ commercial paving services platform, newly branded as Sage Surface Partners (Sage), acquired Pavement Maintenance, Inc. (PMI). The deal expands Sage’s geographic footprint into the Pacific Northwest and represents Sage’s second acquisition following its foundational investment in DACS Asphalt & Concrete.

JLL Partners acquired Parks Medical Electronics, a manufacturer of Doppler ultrasound and non-invasive vascular testing systems, and merged it with Vascular Technology Incorporated (VTI). The combination is intended to build a medical device platform focused on vascular diagnostics and robotics applications, offering a broader portfolio of single-use and reusable Doppler systems for hospital, clinic, operating room, and veterinary settings.

Impact Property Solutions, a portfolio company of Blue Sage Capital, acquired the Property Services division of Interior Logic Group. The Portland, Oregon-based business provides replacement flooring and installation services for rental housing operators and has 27 branches nationwide. The deal expands Impact’s footprint from 13 locations to 30 combined locations and strengthens its national multifamily flooring solutions presence, including expanded reach in the Western United States.

BlueLinx Holdings Inc. acquired Disdero Lumber Co., LLC, a specialty wood products distributor, from Tumac Lumber Company, Inc. for an aggregate purchase price of about $96 million (approximately $88 million net of expected tax benefits). Disdero is based in Clackamas, Oregon, and the cash-on-hand funded deal is expected to be immediately accretive and supports BlueLinx’s expansion in higher-margin specialty building products.

LegitScript announced the acquisition of Kompliant, a compliance orchestration platform for banks and financial services providers. The deal combines LegitScript’s AI-driven merchant risk intelligence, monitoring, and market data with Kompliant’s automated underwriting and full-lifecycle compliance workflow technology (including KYB/KYC and re-underwriting). The combined offering is intended to streamline merchant onboarding and underwriting, reduce compliance costs, accelerate merchant activation, and improve risk detection across the payments ecosystem.

Capstone Accounting and Tax announced that it has welcomed Nissen & Meyer, a Redmond, Oregon-based accounting and tax firm, to expand Capstone’s presence in Central Oregon. Nissen & Meyer will continue operating from its Redmond office, with clients gaining access to Capstone’s broader network and expanded tax, accounting, and advisory resources.

Goldman Sachs Alternatives completed the acquisition of a majority stake in NAVEX, a governance, risk and compliance (GRC) and ethics, risk and compliance management software provider. Blackstone (via its private equity strategy for individual investors) joined as a significant minority investor, while BC Partners (NAVEX’s former majority shareholder) retained a significant minority stake and Vista Equity Partners exited its investment. NAVEX is headquartered in Lake Oswego (outside Portland), Oregon, and the transaction terms were not disclosed.

AKS Engineering & Forestry, LLC (AKS) has officially merged with Lancaster Mobley, effective October 1, 2025. The combination adds traffic engineering and transportation planning capabilities to AKS and establishes a new AKS office in Portland, Oregon.

Jeff Swickard, CEO of Swickard Auto Group, acquired BMW of Portland from Lithia Motors. The deal includes both the BMW dealership franchise and its associated real estate, expanding Swickard’s footprint in Portland, Oregon and keeping the dealership in the Goose Hollow area.

Easy Mile Fitness, a privately held Planet Fitness franchisee, acquired 17 Planet Fitness club locations (15 in Oregon and two in Alaska) from Bravo Fit Franchise Group. The deal expands Easy Mile Fitness' footprint in the Pacific Northwest, making it the largest Planet Fitness operator in Oregon, with Fifth Third Bank providing acquisition financing.

SAM Medical, a provider of pre-hospital emergency medical products and a wholly owned subsidiary of Tri-Tech Forensics, Inc., announced it has acquired TyTek Medical, part of TyTek Group. The deal expands SAM Medical’s proprietary emergency medical product portfolio, adding TyTek Medical’s chest decompression needle line, and TyTek Medical’s operations will be moved to Tualatin, Oregon.

Inszone Insurance Services acquired High Desert Insurance and Group, LLC, an independent insurance agency based in Bend, Oregon (doing business as High Desert Insurance and Financial Services). The acquisition expands Inszone’s presence in Oregon and adds High Desert’s personal lines and health insurance capabilities, while providing High Desert access to Inszone’s broader carrier network and national resources.

Backcountry, a specialty outdoor gear and apparel retailer, announced it has acquired Velotech, a Portland, Oregon-based cycling retailer that operates online storefronts including BikeTiresDirect, Western Bikeworks, and TriSports. Velotech will continue to run its existing websites independently while the companies explore collaboration across assortment, content, rider education, and fulfillment. The deal expands Backcountry’s reach in the U.S. cycling market.

Mercer Global Advisors, Inc. (Mercer Advisors) announced the acquisition of Eagle Wealth Management, a Central Oregon-based registered investment adviser, along with its affiliated tax-services business Eagle Wealth Accounting. Eagle Wealth, founded in 2008 by Chad and Cami Staskal, manages approximately $350 million in assets for about 300 clients and will expand Mercer Advisors’ presence in Bend, Oregon.

Summit Fire & Security LLC, a subsidiary of SFP Holding, Inc. (Summit Companies), completed a merger with Performance Systems Integration (PSI), with the transaction closing on August 21, 2025. PSI is a leading fire and life safety services provider in the Pacific Northwest, and the combination expands Summit’s national footprint and service capabilities in inspections, repairs, monitoring, and installation for fire protection systems.

Total Sanitation Services (TSS), a Trivest Partners-backed platform for portable sanitation rentals and related services, acquired American Sanican and Cap City Rentals, marking its first acquisitions in the United States. The deals expand TSS’s North American “family-of-brands” network, adding portable restroom rentals in the Portland, Oregon market and portable bathroom trailer and single-unit rentals in the Austin, Texas market.

Sinclair & Rush, Inc., a global plastics and rubber products manufacturer, acquired Protoco Enterprises, LLC, a family-owned maker of dip- and injection-molded and vacuum-formed storage and organization products. Protoco will be added as a division of Sinclair & Rush, with the deal facilitated by Hart Marx Advisors. Financial terms were not disclosed.

Signia Aerospace, a portfolio company of Arcline Investment Management, acquired Precise Flight, Inc., a designer and manufacturer of aviation safety and performance systems. Precise Flight is headquartered in Bend, Oregon and produces aviation oxygen systems, speedbrakes, precision lighting (Pulselite System), and custom tube fabrication for OEM and aftermarket customers across commercial and general aviation. Mesirow served as exclusive financial advisor to Precise Flight on the sale.

L Catterton made a strategic investment in L.A.B. Golf, a fast-growing golf equipment company known for its patented, torque-eliminating putter technology and deep customization capabilities. The partnership is intended to accelerate product innovation, enhance L.A.B. Golf’s direct-to-consumer experience, expand retail channel presence, and support international growth.

Premier Press, a provider of print, marketing, and brand solutions, acquired POD4Print, an Oregon-based direct mail company with more than 23 years of operating history. The deal expands Premier Press’s personalized, data-driven direct mail capabilities, particularly for healthcare and financial services clients, and adds POD4Print’s expertise to Premier’s broader offerings.

Guardian Pharmacy Services, Inc. (NYSE: GRDN) acquired Managed Healthcare Pharmacy, an Oregon-based long-term care (LTC) pharmacy with locations in Eugene and Medford. The deal establishes Guardian’s first physical presence in Oregon and expands its Pacific Northwest footprint, with the acquired business continuing to operate under its existing name and retaining its current leadership and staff.

Fitness Ventures LLC acquired three existing Crunch Fitness gym locations in the Portland, Oregon market. Following the acquisition, Fitness Ventures plans to invest $75 million to expand in the region by developing 15 new larger-format Crunch 3.0 clubs over the next several years, while evaluating whether to remodel or relocate the three acquired sites to meet current standards.

Mariani Premier Group announced the acquisition of Landscape East & West, a high-end residential landscaping firm headquartered in Portland, Oregon. The deal marks Mariani Premier Group’s first expansion into the Pacific Northwest and strengthens its national network of premium residential landscape companies.

Tenex Capital Management made a growth investment in Rick's Custom Fencing & Decking, a residential fencing and decking installation provider operating across Oregon and Washington. Founded in 1980 and headquartered in Hillsboro, Oregon, Rick's will continue to be led by its existing leadership team, with founder Rick Stanley retaining significant ownership and moving into a board role. The transaction closed on July 18, 2025.

Dessert Holdings acquired Willamette Valley Pie Company, a manufacturer of premium pies, cobblers, and other dessert products. The deal expands Dessert Holdings’ scratch-made, clean-label premium dessert portfolio across retail and foodservice channels; financial terms were not disclosed. Willamette Valley Pie Company will continue operating under its existing management team led by President Austin Kelly.

Toyota Tsusho America, Inc., a subsidiary of Toyota Tsusho Corporation, completed its acquisition of Radius Recycling, Inc., a North American recycler of ferrous and nonferrous metals with a network of over 100 locations. Radius will continue operating as a standalone business from its headquarters in Portland, Oregon, retaining its management, brand, and strategy, and its common shares will be delisted from the Nasdaq Capital Market.

The Mather Group, LLC (TMG), a Chicago-based registered investment advisory firm, entered a strategic alliance to acquire Independent Progressive Advisors (IPA), a Portland, Oregon-based wealth management firm. The transaction expands TMG’s presence in the Pacific Northwest and supports its strategy to build a national, client-centric RIA platform with regional depth.

Bochi Investments announced the platform acquisition of Diversified Marine, Inc. (DMI) in partnership with DMI’s management team. Founded in 1985 and headquartered in Portland, Oregon, DMI provides construction, retrofitting, and repair services for tugboats, barges, and other commercial vessels, and will now be led by Frank Manning as Owner and CEO.

Carbon DC acquired Elywhere North America (Elywhere NA), the North American operation of Norway-based EV charging technology company Elywhere AS, to accelerate deployment of DC-based grid and EV charging systems across North America. The deal combines Carbon DC’s DC grid/EV charging hardware and energy optimization software with Elywhere’s experience deploying battery-assisted fast charging solutions in grid-constrained environments in Europe. The acquisition closed June 30, 2025; financial terms were not disclosed.

Trinity Consultants acquired Bridgewater Group Inc., a Portland-based environmental consulting firm focused on multimedia environmental auditing, permitting, and regulatory compliance. Bridgewater will be integrated into Trinity’s environmental consulting practice, strengthening Trinity’s capabilities and presence in the Pacific Northwest.

The Universal Group, a portfolio company of CAI Capital Partners, acquired D&H Flagging to expand its traffic control services footprint into Oregon. D&H Flagging is a Portland, Oregon-based traffic control provider serving Oregon and southwestern Washington, and the deal strengthens Universal’s ability to offer a broader “one-stop shop” range of traffic management solutions across the Pacific Northwest.

Alliant Insurance Services acquired Johnson Benefit Planning, an employee benefits consulting firm with offices in Bend and West Linn, Oregon. The deal expands Alliant’s employee benefits capabilities and strengthens its presence in the Pacific Northwest; financial terms were not disclosed.

Coldstream announced it has combined with Cable Hill Partners, a Portland, Oregon-based registered investment adviser managing approximately $2 billion in client assets. Under the partnership, Cable Hill’s 29-person team will join Coldstream and become shareholders, expanding Coldstream’s capabilities in retirement plan services for institutional clients. The merger closed June 1, 2025, and financial terms were not disclosed.

Willy Make It, Inc., an Oregon-based portable restroom rental and site sanitation services provider, was acquired by a private investor. SDR Ventures served as the exclusive sell-side advisor to Willy Make It, Inc. in the transaction, enabling the founders Tom and Annette Richmond to transition the business to new ownership positioned for continued growth.

Orca Security announced it has acquired Opus, an agentic AI-driven automation and orchestration startup focused on cloud-native remediation. The deal is intended to expand Orca’s CNAPP capabilities from visibility and prioritization into autonomous remediation and prevention of cloud security risks at scale.

Casago announced it has completed the acquisition of Vacasa, a vacation rental management platform in North America. Roofstock also invested in the transaction and became a partner in Casago. Following the deal’s completion, Vacasa’s common stock ceased trading and is no longer listed on Nasdaq.

ClearlyRated, a client experience (CX) measurement and analytics provider for professional services firms, acquired Client Savvy, a customer feedback software provider focused on architecture/engineering/construction (AEC) and legal organizations. The deal expands ClearlyRated’s CX product suite and industry reach by integrating Client Savvy’s feedback platform with ClearlyRated’s analytics, benchmarking, and reputation management capabilities.

Publicis Groupe announced the acquisition of Adopt, a specialized global agency focused on brand building at the intersection of sport, athletes, and culture. Founded in 2021 in Portland, Oregon, Adopt will continue to be led by co-founders David Creech and Josh Moore and will sit within Publicis Connected Media to enhance capabilities across media, data, digital, and commerce.

HEICO, through its Mid Continent Controls (MC2) subsidiary, acquired all ownership interests of Rosen Aviation for cash consideration paid at closing. Rosen Aviation designs and manufactures in-flight entertainment products—particularly in-cabin displays and control panels—for business and VVIP aviation markets and will operate as a wholly owned subsidiary of MC2. Mesirow served as the sole financial advisor to the sellers; additional terms were not disclosed.

Capstone Accounting and Tax announced the expansion of its firm through a merger with Sargent CPA, strengthening its presence in Klamath Falls, Oregon. As part of the transaction, Sargent CPA’s founder Will Sargent and his team join Capstone, with Sargent becoming a Partner, and the Klamath Falls team moving into Capstone’s local office.

AtkinsRéalis Group Inc. completed its previously announced acquisition of a 70% (majority) stake in David Evans Enterprises, Inc., the parent of David Evans and Associates, Inc. (collectively, David Evans). David Evans is an employee-owned engineering and staff augmentation services firm headquartered in Portland, Oregon, and the transaction expands AtkinsRéalis’ presence in Western U.S. transportation, water, and power & renewables markets.

Karman Holdings Inc. (Karman Space & Defense) has acquired Metal Technology Inc. (MTI) for $90 million in cash. MTI, headquartered in Albany, Oregon, manufactures specialized refractory metal alloy systems used in ultra-high-temperature environments for next-generation strategic missile programs. The deal expands Karman’s advanced materials capabilities and access to strategic missile defense programs.

Banneker Partners-backed XBE acquired Gauge, a hardware and software provider focused on equipment asset utilization and telematics, in a deal that closed March 26, 2025. The acquisition expands XBE’s equipment asset management capabilities by integrating Gauge’s device-based tracking, maintenance, and analytics (Smart Hub) into XBE’s operations management platform for heavy construction and bulk logistics/materials customers.

Performance Systems Integration (PSI) acquired FirePro LLC (Fire Protection Specialists) as an add-on acquisition to expand its fire and life safety services coverage in Oregon. FirePro, based in Bend, Oregon, services fire extinguishers, fire sprinklers, and suppression systems for commercial customers in Bend and surrounding areas.

The SEER Group (SEER) acquired Alpine Heating & Air Conditioning, an HVAC services provider based in Eugene, Oregon. The acquisition expands SEER’s footprint in Oregon and brings Alpine into SEER’s network of locally operated residential and commercial trade-services companies.

True Path Capital Strategies, LLC acquired the Oregon, Washington, California, and Idaho branches of Premier Wealth Strategies. The branches were previously owned by retired financial professional Jon S. Rustad, and the deal supports True Path’s growth in serving retirement-age wealth management clients.

The E-J Group announced the acquisition of EC Electric, a full-service electrical contractor headquartered in Portland, Oregon. The deal expands E-J Group’s West Coast presence and strengthens capabilities in mission-critical projects including data centers and chip plants. EC Electric will retain its name and leadership team, with Andrew Beyer continuing as CEO.

Craveworthy Brands, a multi-brand restaurant company and franchisor, announced it has acquired Kinnamōns, a gourmet cinnamon roll concept with multiple locations in Oregon founded in 2022 by entrepreneur and Super Bowl champion Ndamukong Suh. Craveworthy plans to scale Kinnamōns nationally through a new franchise program, leveraging its operations, marketing, supply chain, and training platform to support growth.

United Real Estate announced that Portland, Oregon-based MORE Realty has joined its national network, expanding United’s footprint into Nevada and New Mexico. MORE Realty will retain its ownership, brand, leadership, and staff while gaining access to United’s tools, technology, and support resources to accelerate growth.

CollegeNET, Inc., a provider of software solutions for higher education, secured a majority investment from Rubicon Technology Partners. The partnership is intended to accelerate CollegeNET’s growth and product innovation, while founder Jim Wolfston continues to lead the company and remains a significant shareholder.

Align Capital Partners (ACP) completed the recapitalization of AKS Engineering, a multidisciplinary civil engineering and surveying consulting firm serving public and private clients in the Pacific Northwest. AKS management and employees retained a significant ownership stake and will continue to lead the business from its headquarters in Tualatin, Oregon.

PayRange has acquired Turns, an all-in-one laundromat operating system. The deal combines PayRange’s mobile machine-payment platform with Turns’ laundromat business management, POS, pickup-and-delivery, and analytics software to create an integrated technology platform for laundromats and dry cleaners in the United States.

CMIT Solutions announced the acquisition of Velox Systems, a Central Oregon-based managed service provider, to expand its IT services footprint in Oregon. The deal adds Velox’s automation capabilities and Cybersecurity Maturity Model Certification (CMMC) expertise to CMIT’s portfolio, while Velox CEO Jordan Smith will remain with the business to support continuity.

White Cap acquired JLA Supply, a Portland, Oregon-based distributor of sealants, waterproofing products, and concrete accessories serving the Pacific Northwest and West Coast. Founded in 1974, JLA Supply operates six locations across Oregon, Washington, and Idaho and is known locally under the brands Sealant Specialists, SECO Construction Supply, and Cascade Construction Accessories. JLA Supply will be integrated into White Cap’s suite of brands, branches, and value-added services.

Easy Ice, a managed ice machine rental provider, closed its first acquisition of 2025 by purchasing the ice machine rental division of Rose's Equipment & Supply in Portland, Oregon. The deal marks Easy Ice’s entry into the Pacific Northwest and enables it to establish a new local branch to expand coverage and service density across Oregon and Washington.

Virtuos announced strategic acquisitions to expand its presence in Europe and North America, acquiring Abstraction in the Netherlands, Pipeworks Studios in the United States, and a majority stake in Umanaïa Interactive in Canada. The three studios will continue operating under their existing management teams while being integrated into Virtuos’ global collaborative game development model, enhancing capabilities across engineering, co-development, and live services.

CTI, a privately held U.S. audiovisual integration and events provider, acquired Delta AV, an AV design, integration, and service company based in Gresham, Oregon. The acquisition adds CTI’s 39th U.S. location and expands its coverage in the Pacific Northwest/Portland metro area.

Allergy Research Group, LLC (ARG), a portfolio company of HPH III Investments, LP backed by WM Partners, acquired certain assets of Metabolic Maintenance, LLC, a physician-recommended nutritional supplements provider. The deal is intended to be a strategic add-on under the ARG platform to expand complementary product offerings in the healthcare practitioner channel, particularly in stress management and mood support. Financial terms were not disclosed.

Verdantas, backed by Sterling Investment Partners, acquired Civil West Engineering Services Inc. to expand Verdantas’ presence in Oregon and the broader Pacific Northwest. Headquartered in Coos Bay, Oregon, Civil West strengthens Verdantas’ water and wastewater, land development, and municipal design capabilities and adds deeper municipal relationships in the region.

AWP Safety, a traffic control and worksite safety services provider majority-owned by Kohlberg & Company, acquired three regional traffic control companies: Site Barricades (Fort Worth, Texas), Integrity Traffic (Sherwood, Oregon) and WS Barricade (Frederick, Colorado). The acquisitions expand AWP Safety’s geographic footprint and strengthen its position serving utility, broadband and roadway infrastructure customers; terms were not disclosed. Generational Group advised Integrity Traffic (a division of Integrity Corps) in its sale to AWP Safety, which closed on December 17, 2024.

Baden Capital, a private investment firm focused on food and agriculture and other sectors in the Western United States, acquired OrCal, Inc. (ORCAL), a provider of agricultural inputs and crop protection solutions. OrCal will continue operating from its headquarters in Junction City, Oregon, as Baden Capital looks to support and expand ORCAL’s product offerings and capabilities for farmers.

Veritiv Operating Company acquired Subotnick Packaging, an Oregon-based distributor of packaging products and equipment serving building materials, food, e-commerce, and transportation end markets. The deal expands Veritiv’s packaging capabilities and strengthens its presence in the Pacific Northwest, with Subotnick adding complementary product categories and packaging equipment parts/service from its Portland footprint.

Wealth Enhancement, a national independent wealth management firm, announced the acquisition of Northwest Investment Counselors, LLC, an independent registered investment advisor (RIA) based in Lake Oswego, Oregon. Northwest Investment Counselors oversees more than $673 million in client assets and provides investment management, trust services, and financial planning primarily for clients in Oregon and Washington. The transaction closed on December 31, 2024.

Puget Collision closed its acquisition of Bob Thomas Auto Body, Inc., a high-performance, Tesla-certified collision repair shop in northeast Portland. The deal enables Puget Collision to expand to 54 total locations across the western U.S., adding its fourth Portland-area location and first Tesla-certified shop in the market.

Performance Systems Integration (PSI), a fire and life safety services provider backed by The Riverside Company, acquired Sanderson Fire Protection in December 2024. The deal adds Sanderson’s fire extinguisher and specialized suppression system services (marine, kitchen, and special hazard) across Oregon and Washington to PSI’s fire and life safety platform.

DAT Freight & Analytics acquired the operations of Trucker Tools LLC, a provider of real-time load visibility, automated booking, digital freight matching, and carrier engagement for commercial trucking. The deal expands DAT’s real-time GPS tracking and load optimization capabilities on its DAT One platform. DAT acquired Trucker Tools from ASG, a portfolio company of Alpine Investors, and the transaction closed on December 17, 2024.

Merit Financial Advisors, a Georgia-based wealth management and financial planning firm, acquired Roth Asset Management to expand its presence in the Pacific Northwest. Roth Asset Management is based in Lake Oswego, Oregon and focuses on corporate 401(k) plans, investment advisory, and portfolio management; the transaction increased Merit’s assets by approximately $773 million. Financial terms were not disclosed, and the merger was finalized on December 13, 2024.

Moss, a global production partner for branded experiences and a portfolio company of EagleTree Capital, acquired Stretch Shapes, a Eugene, Oregon-based supplier of reusable fabric-based structures for immersive live event and experiential environments. The deal expands Moss’s production capabilities and product range for large-scale live events, with Stretch Shapes’ team remaining in place and founder Niko Mantele taking a product development role within Moss.

Service Logic acquired HVAC, Incorporated (HVAC, Inc.), a commercial HVAC solutions provider founded in 1986 and headquartered in Milwaukie, Oregon. ACT Capital Advisors advised HVAC, Inc. on the transaction.

Rodda Paint Company, in partnership with Canada-based Cloverdale Group, announced the acquisition of Miller Paint Company, an employee-owned (ESOP) paint manufacturer and retailer with deep roots in the Pacific Northwest. The deal unites two longstanding regional paint brands and is intended to expand geographic reach and improve operational efficiencies while maintaining each company’s legacy products and service.

Kingswood Capital Management acquired Identity Theft Guard Solutions, Inc. (IDX) from ZeroFox, carving out the business as an independent company partnered with its existing management team. IDX, headquartered in Portland, Oregon, provides data breach response services, incident response, and digital privacy/identity protection solutions. Stellus Capital Management affiliates supported the transaction with senior debt (unitranche) financing and an equity co-investment alongside Kingswood.

Performance Systems Integration (PSI), a fire and life safety services provider backed by The Riverside Company, acquired Action Technology Systems (ATS) in an add-on transaction. ATS, headquartered in Portland, Oregon, provides commercial fire alarm service, monitoring, and installations in the greater Portland area, expanding PSI’s Pacific Northwest footprint and capabilities.

Monotype Imaging Inc. announced the acquisition of Extensis, a provider of font management solutions. The deal combines Monotype’s font library and software with Extensis’ Connect and Creative Intelligence Suite offerings to create an integrated all-in-one font inventory and management solution. Extensis is headquartered in Portland, Oregon, and its employees in the United States, the United Kingdom, and Germany will join Monotype as part of the transaction.

BRIDGE Housing acquired Bethany Meadows, an income-restricted affordable housing community near Beaverton in the Portland metro area, preserving 340 apartments as long-term low-income housing before affordability restrictions were set to expire in 2–3 years. The acquisition was supported by a $250 million revolving credit facility financing arrangement with Morgan Stanley and National Equity Fund to help BRIDGE move quickly on preservation acquisitions.

Golden Bear Therapy Partners (GBTP) acquired Northwest Rehabilitation Associates (NWRA) on November 3, adding NWRA’s four physical therapy clinic locations in Salem, Oregon to its network. NWRA’s former owner, Mike Studer, will remain involved as a staff therapist, advisory board member, and partner, supporting GBTP’s clinical education and expansion across Oregon.

Mad Fish Digital acquired Portland-based creative and marketing agency Grady Britton. The combination brings together Mad Fish Digital’s digital strategy and performance marketing capabilities with Grady Britton’s brand-building, advertising, PR, and creative services to expand offerings for mission-driven clients.

Mississippi-based Carpenter Media Group agreed to acquire EO Media Group, which publishes more than two dozen local newspapers, magazines, and newsletters in Oregon. The deal transfers EO Media Group’s full portfolio of titles, which have historically been owned by the Aldrich and Forrester families.

Integrated Beverage Group (IBG) acquired Firesteed Cellars, a Willamette Valley, Oregon wine producer known for Pinot Noir and other premium varietals. The acquisition expands IBG’s Oregon footprint and adds Firesteed to its portfolio alongside brands such as Duck Pond Cellars and Rascal Wines.

Hubbell’s senior management team, led by executive leaders Zach Hyder and Gina Maffei, acquired the public affairs firm from its founder, Ward Hubbell. TobinLeff advised the senior management team on the transaction, facilitating Hyder and Maffei’s move to full ownership of the company.

New Charter Technologies, a portfolio company of Oval Partners, announced the addition of Netropole, an IT services provider based in Portland, Oregon, to its growing national platform. The partnership expands New Charter’s presence in the Pacific Northwest and enhances service delivery capabilities, including modern IT services and advanced cybersecurity resources.

An affiliate of Balmoral Funds LLC acquired DWFritz Automation (DWF), a provider of customized nano-automation solutions and precision metrology, from Sandvik AB. The transaction makes DWF an independent company positioned to invest in growth across precision automation, metrology, testing, and high-precision assembly for advanced manufacturing end markets.

Easy Mile Fitness, a privately held Planet Fitness franchisee, acquired nine Planet Fitness club locations in Oregon (Portland and Eugene) from Lubrano Franchise Group, operating under OKTA Holdings. The deal marks Easy Mile Fitness’ entry into the U.S. West Coast market and expands its total footprint to 50 Planet Fitness locations across multiple territories.

Bain Capital Life Sciences led a strategic growth transaction of more than $200 million in Serán Bioscience, a contract development and manufacturing organization (CDMO) serving pharmaceutical and biotechnology companies. Existing investor Vivo Capital will remain a key shareholder. The investment will support Serán’s expansion, including construction of a new commercial-scale manufacturing facility in Bend, Oregon targeted for completion in 2026.

Proteus Discovery Group acquired Novitas Data to expand its eDiscovery offerings and geographic reach across the United States. The deal adds Relativity Server expertise, digital forensics, and scanning services to Proteus’ suite of eDiscovery and information governance solutions. Arbor Ridge Partners served as exclusive advisor to Novitas in arranging the transaction.

Giant Bicycles acquired Stages Cycling from Foundation Fitness for $20.1 million following Stages’ June 2024 bankruptcy filing. The deal, approved by the bankruptcy court after objections from creditors and inventor Scott Radow, brings Stages’ IP, manufacturing facilities, product lines, and limited inventory under Giant’s SPIA Cycling subsidiary. As part of the agreement, Giant dropped a $14 million Oregon lawsuit over unpaid invoices and included a $500,000 payment to TekSport AS and VismoX AS.

Vangst, a cannabis industry hiring platform headquartered in Denver, Colorado, announced it has acquired GreenForce, a cannabis temporary staffing agency operating in Oregon and Arizona. GreenForce founder and CEO Ryan Rosenfeld will join Vangst as Chief Business Officer to support regional and national expansion. This is Vangst’s second acquisition in 2024.