Acquisitions in Washington, United States

Key Trucking Inc., a regional transportation and freight services provider based in Kent, Washington, was acquired by Estes Logistics, a division of Estes Express Lines. ACT Capital Advisors represented Key Trucking and facilitated the transaction, enabling Estes to expand its footprint in the Pacific Northwest while transitioning Key Trucking’s employees to Estes.

Busy Bees North America (BBNA) announced its expansion into Washington State through the acquisition of thirteen early learning centers in the greater Seattle area. The deal includes seven Kids N Us Early Learning Schools and six Birch Tree Academy locations, adding approximately 380 staff and serving more than 1,575 additional children and families.

Heritage Financial Corporation completed its previously announced acquisition of Olympic Bancorp, Inc., effective January 31, 2026, with Olympic merging into Heritage. As part of the transaction, Kitsap Bank merged into Heritage Bank, and the acquired branches will continue operating under the Kitsap Bank name; consideration was paid in Heritage common stock (with cash in lieu of fractional shares).

Clearstead Advisors acquired The Clarius Group, a Seattle-based multi-family office RIA overseeing about $5.1 billion in assets under management. The deal closed on January 31, 2026 and is intended to expand Clearstead’s ultra-high-net-worth family office capabilities and strengthen its Pacific Northwest presence. Flexpoint Ford, which invested in Clearstead in 2022, is supporting Clearstead’s growth and acquisition strategy.

Loar Holdings completed an all-cash acquisition of Harper Engineering Company for $250 million. Harper manufactures mechanically engineered devices for aircraft interiors, including latching and securing mechanisms used across commercial aerospace platforms, and Loar expects the combination to support growth and expand Harper’s aftermarket footprint.

Pye-Barker Fire & Safety, a PE-backed fire protection, life safety and security services provider, has acquired EVCO Integrated Solutions, a security system and fire alarm company serving the Northwest. EVCO provides fire alarms, access control, security systems, video surveillance and related communications/AV infrastructure for education, healthcare and commercial customers across eastern Washington, north Idaho and western Montana.

Great Frontier Beverage Holdings (the Great Frontier Collective of Brands), headquartered within Ninkasi Brewing in Eugene, Oregon, acquired Washington-based Incline Cider in 2025 and Seattle-based San Juan Beverage Company (San Juan Seltzer) on January 7, 2026. The deals expand Great Frontier’s craft beverage portfolio across cider and hard seltzer, leveraging shared resources and distribution to support growth.

Bailey Equipment & Intralogistics acquired Equipment Depot’s Washington state operation, marking Bailey’s entry into the Washington market. Following the acquisition, Bailey will operate as the authorized Logisnext dealer in Washington for Cat Lift Trucks, Mitsubishi Forklift Trucks, and Jungheinrich, and plans to establish its regional headquarters in Kent, Washington.

Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital, completed the acquisition of Koninklijke Philips N.V.’s Philips Emergency Care business. The carved-out business will operate as Heartstream and continue to market select products under a long-term Philips brand license, forming the foundation of ECH’s global emergency medical technology platform focused on pre-hospital care.

Applexus Technologies announced the acquisition of Lavendel Consulting, the largest independent consulting partner focused on Pricefx implementations. The deal is intended to deepen Applexus’s pricing transformation capabilities by combining Lavendel’s Pricefx pricing specialization with Applexus’s SAP consulting, analytics, and Business AI offerings to deliver integrated, AI-enabled pricing solutions within SAP-centric enterprise environments.

Solmetex, LLC, a provider of dental consumables, equipment, and dental waste compliance solutions, acquired ReLeaf, which makes hands-free, high-volume evacuation technology for dental hygiene and clinical procedures. The deal expands Solmetex’s patient-safety and procedural-efficiency product portfolio across dental practices and DSOs in the United States and globally; financial terms were not disclosed. Solmetex is backed by private equity investors GTCR, AGIC Capital, Avista Healthcare Partners, and Gemini Investors.

InterProse, a provider of web-based debt recovery software, acquired Beam Software, a collections platform focused on portfolio management and servicing for debt buyers and servicers. The deal closed in mid-December and Beam will be integrated into InterProse’s operations and product offering, expanding InterProse’s end-to-end accounts receivable management (ARM) technology across the full debt lifecycle. Financial terms were not disclosed and Beam’s leadership and team are expected to remain in place.

Verdantas acquired PACE Engineers, Inc., a multidisciplinary engineering, surveying, and environmental consulting firm headquartered in Kirkland, Washington with operations across Washington and Oregon. The deal expands Verdantas’ multidisciplinary consulting capabilities and strengthens its presence in the Pacific Northwest; financial terms were not disclosed. Sterling Investment Partners was cited as Verdantas’ private equity backer supporting the acquisition.

Truelink Capital acquired a majority stake in Prime Electric, a West Coast electrical contracting and low-voltage services provider. WestView Capital Partners sold its majority stake after partnering with the company since July 2021, and transaction terms were not disclosed.

Ferguson Wellman Capital Management, an independent investment firm based in Portland, Oregon, acquired Great Northern Asset Management effective January 1, 2026. Great Northern, a Vancouver, Washington-based asset manager with about $229 million in assets under management, will continue operating from its downtown Vancouver office, expanding Ferguson Wellman’s Washington presence alongside its Bellevue office.

ZenaTech, Inc. completed three Drone as a Service (DaaS) acquisitions: Holt Surveying & Mapping, Inc. (Spokane, Washington), Andrew Spiewak Land Surveyor, Inc. (Chicago, Illinois), and a Halifax, Nova Scotia-area commercial window washing service firm. The acquisitions expand ZenaTech’s North American DaaS footprint (including its first Canadian acquisition) and add capabilities across surveying/inspection and commercial building maintenance workflows. Financial terms and the window-washing company name were not disclosed.

The Wyckoff Family acquired Ste. Michelle Wine Estates, bringing Washington’s largest wine company back under private Washington family ownership for the first time in more than 50 years. The transaction includes all Ste. Michelle wine brands, facilities, and vineyards across the state, with leadership emphasizing continuity and long-term investment in winemaking quality and support for Washington grape growers.

MES Life Safety (MES), a provider of fire, safety, and emergency response solutions backed by Platte River Equity, acquired SeaWestern Inc., a Washington-based supplier of firefighting and safety equipment. The deal expands MES’s presence and capabilities across the Western United States by adding SeaWestern’s regional relationships and technical expertise.

LEHR, a national emergency vehicle upfitting platform and portfolio company of Broadwing Capital, announced the acquisition of Systems for Public Safety, Inc. (SPS). The deal expands LEHR’s footprint into the Pacific Northwest and adds SPS’s full-service emergency vehicle upfitting and related mechanical/service capabilities.

HCAP Partners made an investment in IND, Inc. to support management’s buyout of IND’s majority shareholder and to fund facility expansion, working capital, and continued growth. IND provides critical cleaning, coating, refurbishment, and related services used in semiconductor equipment manufacturing and is headquartered in Vancouver, Washington.

Discuss and Voxco announced a strategic combination/merger, supported by growth investment firm Terminus Capital Partners, to create a unified market research and insights organization operating under the Discuss brand. The combined company brings together Discuss’ AI-powered qualitative research capabilities with Voxco’s quantitative survey/data-collection platform and Ascribe’s text analytics, scaling to 200+ employees across 16 countries and serving 900 customers worldwide.

Amynta Group announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), acquired Nonprofit Services Insurance Agency, Inc. (NPS), an insurance agency based in Longview, Washington; financial terms were not disclosed. NPS provides captive management and alternative unemployment insurance solutions for nonprofit employers, and co-founders Dennis Costa and Mark Hanson will continue to lead the business as it integrates with FNP.

Jet Parts Engineering (JPE) announced the acquisition of Cima Aviation, an MRO provider specializing in fuel and hydraulic component repairs. The deal expands JPE’s maintenance and aftermarket capabilities, improving service breadth, turnaround times, and technical support for its global aircraft customer base. JPE is a portfolio company of Vance Street Capital, which oversaw the transaction.

Odeko, an operations and technology partner for independent coffee shops and food & beverage businesses, acquired Dairy Distributing, a specialty distributor headquartered in Bellingham, Washington. Dairy Distributing, founded in 1963 and owned by Troia Foods since 2022, will join Odeko to expand Odeko’s Pacific Northwest warehouse and delivery footprint and provide customers access to Odeko’s online ordering platform and broader product/services offering.

Nexa Equity made a strategic growth investment in Cedar AI, an AI-powered transportation management system (TMS) serving railroad operators, rail shippers, and other participants in the rail supply chain. Cedar AI is headquartered in Seattle, Washington, and its platform helps customers manage freight operations with real-time accuracy, transparency, and auditability.

DXP Enterprises, Inc. completed the acquisition of Triangle Pump & Equipment, Inc., a pumps and process equipment manufacturer’s representative and distributor serving the water and wastewater market. Triangle, founded in 1975 and headquartered in Ridgefield, Washington, adds Pacific Northwest coverage plus aftermarket service/repair and industrial applications capabilities to DXP’s Water division. DXP funded the transaction with cash on hand; the definitive agreement was signed November 1, 2025.

Waverly Advisors, LLC acquired Seattle-based Pacific Portfolio Consulting, LLC and Pacific Portfolio Trust Company (together, Pacific Portfolio), expanding Waverly’s presence into the Pacific Northwest and adding trust capabilities. The deals closed in two steps: Pacific Portfolio Consulting on September 26, 2025 and Pacific Portfolio Trust Company on October 31, 2025. Financial terms were not disclosed; the acquisition adds approximately $5 billion in AUM to Waverly.

Karman Space & Defense (Karman Holdings, Inc.) acquired Five Axis Industries Inc., a Washington-based supplier of highly engineered engine subsystems for major commercial space programs. The purchase price was approximately $88 million, consisting of $83 million in cash and about $5 million in Karman common shares, and the transaction closed on October 28, 2025. The deal expands Karman’s propulsion and launch systems capabilities, adding specialized nozzle/fuel system engineering and proprietary 3D-printed Inconel-related technologies.

OmniMax International, LLC acquired Nu-Ray Metal Products, Inc. (Nu-Ray Metals), a manufacturer of high-performance roofing accessories and metal panel fabrication serving the U.S. West Coast. Nu-Ray operates facilities in Puyallup, Washington and Perris, California, and the deal strengthens OmniMax’s West Coast presence and manufacturing capabilities; financial terms were not disclosed.

Alloy Therapeutics Inc. announced the acquisition of Spannerwerks, LLC, a Seattle-based drug development consulting firm serving biopharmaceutical companies. Spannerwerks will operate as a wholly owned subsidiary of Alloy and continue serving clients under the Spannerwerks name, with CEO Dara Lockert joining Alloy full-time to continue leading the team. The deal expands Alloy’s capabilities from drug discovery into broader drug development services.

The Bay Club announced the acquisition of Harbor Square Athletic Club, expanding its presence in the Pacific Northwest and the greater Seattle area. The transaction adds Harbor Square to The Bay Club’s portfolio of fitness and athletic club properties.

Samsung Electronics Co., Ltd. has completed its acquisition of Xealth, a healthcare integration/digital health platform spun out of Providence Health System. The deal is intended to accelerate Samsung’s connected care strategy by integrating wearable-derived wellness data with clinical workflows and EHR-embedded digital health tools for health systems and their patients.

Seneca Group, a Seattle-headquartered real estate advisory and development management firm, merged with Cumming Group, a North American project management and cost consultancy. The transaction adds more than 70 Seneca Group professionals to Cumming Group and expands Cumming Group’s Pacific Northwest presence, with Seneca’s leadership continuing to run operations within Cumming Group.

SOLVE announced it has acquired MBS Source, adding specialized mortgage- and asset-backed securities (MBS/ABS) data, analytics, and trading solutions to SOLVE’s multi-asset fixed income platform. The combination expands SOLVE’s structured products coverage and AI-driven predictive pricing and analytics capabilities for buy- and sell-side clients. MBS Source is headquartered in Mercer Island, Washington, and TechStrat served as its exclusive M&A advisor.

Renaissance, a network for independent insurance agencies, acquired the agency network business of Insurance Services of the West, LLC, which operates as Insurance Agency Network (IAN). Headquartered in Washington, IAN is a membership organization of more than 70 agencies representing about $400 million in premium volume. The transaction expands Renaissance’s national footprint and provides IAN members access to Renaissance’s market access, technology, and growth resources.

UPSTACK, a full-service technology brokerage, announced it has acquired Breakwater Cloud Advisors, a customer experience (CX) consulting firm focused on contact center modernization and AI-driven CX solutions. The deal expands UPSTACK’s advisory and execution capabilities and accelerates growth of its CX + AI practice, with Breakwater co-founders Brendan Paulin and Andrew Millard joining UPSTACK alongside business development director Star Toups.

Hyperproof, an AI-powered enterprise governance, risk, and compliance (GRC) platform, acquired Expent.ai, an AI-native platform focused on vendor lifecycle management, vendor assurance, and third-party risk management. The deal expands Hyperproof’s capabilities in trust and third-party risk by adding Expent.ai’s agentic AI and vendor management functionality, enabling a unified approach to vendor intake, procurement, contracts, performance, and renewals.

Corient announced it has acquired Bristlecone Advisors, a Bellevue, Washington-based registered investment advisory firm with approximately $2 billion in assets under management. Bristlecone, founded in 1999, provides wealth management and family office services to ultra-high-net-worth and high-net-worth clients, and will join Corient’s national wealth advisory platform.

White Cap acquired two construction-supplies distribution businesses: Advanced Forming Solutions (AFS) in the Pacific Northwest and Anchor Construction Industrial Products in Western Canada. The acquisitions expand White Cap’s North American branch footprint and add concrete forming/shoring and industrial construction supply distribution capabilities. Both AFS and Anchor are being integrated into White Cap’s suite of brands, branches, and value-added services.

Balavant Insurance Group, a national managing general agency (MGA) platform, announced the acquisition of TIMBY Specialty Insurance Solutions, an inland marine program manager. TIMBY Specialty will join Balavant while continuing to operate under the TIMBY Specialty brand, with no expected disruption to brokers or product availability.

Pike Street Capital announced a strategic investment in DigiStor, a Vancouver, Washington-based provider of secure data-at-rest storage solutions including self-encrypting SSDs and removable drives. The investment is intended to support DigiStor’s organic growth initiatives such as product expansion, strengthened OEM partnerships, and broader geographic reach, and may also enable future strategic acquisitions in adjacent markets.

Baker Publishing Group acquired Lexham Press, the in-house publishing division of Logos, to deepen their longstanding partnership and expand Baker’s academic and Christian living publishing catalog. Under the terms described, Logos retains rights to Lexham Press content within the Logos digital Bible study platform, allowing Logos to focus on enhancing its software platform while Lexham operates under the Baker umbrella.

Helix Traffic Solutions acquired Idax Data Solutions (IDAX), a multimodal transportation data and analytics provider. The deal is intended to strengthen Helix’s transportation analytics and traffic data services offering for public and private sector clients across the United States.

MES Life Safety, a portfolio company of Platte River Equity, acquired General Fire Apparatus, a fire apparatus sales and service provider serving fire departments across the Pacific Northwest. The add-on acquisition expands MES’s fire apparatus sales presence and strengthens its service and support network across Washington, Idaho, Montana, Oregon (and Alaska per one announcement).

Trystar announced the acquisition of Asentria Corporation, a Seattle, Washington-based hardware and software company focused on remote site monitoring solutions. The deal expands Trystar’s monitoring and controls solutions portfolio, adding Asentria’s SiteBoss site controller platform and related software capabilities for telecom, data center, and utility customers.

Ardurra Group, Inc. announced the acquisition of Perteet Inc., a Washington-based infrastructure consulting firm with transportation expertise and public-agency partnerships. Perteet will continue operating from its headquarters in Everett, Washington, strengthening Ardurra’s transportation capabilities and Pacific Northwest presence.

Mechanics Bank completed its previously announced strategic merger with HomeStreet Bank, expanding its West Coast footprint. In the transaction, HomeStreet Bank merged with and into Mechanics Bank, with Mechanics Bank surviving as a California banking corporation and remaining a wholly owned subsidiary of Mechanics Bancorp (renamed from HomeStreet, Inc. at closing).

DuCharme, McMillen & Associates, Inc. (DMA), an employee-owned corporate tax services firm headquartered in Fort Wayne, Indiana, has acquired Tax Advisors, PLLC, a Vancouver, Washington-based property tax consulting firm. The deal expands DMA’s property tax consulting capabilities, strengthens its national footprint (including the Portland-area presence), and adds Tax Advisors’ expertise in property tax minimization and cost segregation/179D studies for commercial and industrial properties.

ORR Protection Systems, Inc. acquired all of the business assets of Compass Fire Protection, LLC, a Seattle-area fire protection provider. The deal expands ORR’s presence in the Pacific Northwest and adds union sprinkler installation and service capabilities to complement ORR’s alarm, detection, suppression, and monitoring offerings.

Summit Professional Education, a portfolio company of Avathon Capital, acquired Herman & Wallace Pelvic Rehabilitation Institute, a provider of pelvic floor rehabilitation education and training curricula. Monroe Capital supported the transaction by arranging a senior credit facility and providing an equity co-investment to finance the acquisition.

Residex.AI, a provider of EHR and clinical eMAR software for senior living communities, acquired Kevala, an AI-powered workforce management platform for senior care facilities. The deal adds staffing optimization and predictive scheduling capabilities (marketed as Kevala’s flagship solution, referenced as Quin/Thea across sources) to Residex’s clinical operations platform to create a more integrated clinical and workforce solution for senior care providers.

Gridiron Capital acquired ABC Legal Services, a provider of service of process and court filing solutions, from Aquiline Capital Partners. Founded in 1974 and headquartered in Seattle, Washington, ABC Legal operates a tech-enabled network connecting tens of thousands of clients with process servers across the U.S. and internationally; CEO Tim Dinehart will continue to lead the business. Financial terms were not disclosed.

AAR Corp. acquired Aerostrat, a Seattle-based provider of long-range aviation maintenance planning software, for $15 million plus contingent consideration of up to $5 million. The deal expands AAR’s digital/software capabilities and is expected to enhance the enterprise resource planning (ERP) and planning offerings of AAR’s wholly owned Trax subsidiary, with Aerostrat’s Aerros product joining the Trax suite while also remaining available as a standalone solution.

Pennington Creek Capital, LLC, a Dallas, Texas-based private equity firm wholly owned by the Chickasaw Nation, announced a majority equity investment in Rite in the Rain, a Tacoma, Washington-based maker of water-resistant writing and field organization products. The investment is intended to support Rite in the Rain’s strategic growth initiatives, operational scale, and expansion into new markets.

Atwell acquired a majority stake in Centurion Power, a Washougal, Washington-based provider of third-party electrical acceptance testing, inspection, certification, and commissioning services for the electrical power industry. The acquisition expands Atwell’s electrical testing capabilities serving utility, power generation, renewable energy, industrial, and mission critical/data center markets. Financial terms were not disclosed.

UPSTACK, a full-service technology brokerage, announced the acquisition of Avail Partners LLC, a Seattle-based technology consulting firm focused on helping midmarket organizations optimize IT investments. As part of the deal, Avail founders Dan Marsh and Scott Maurice and the broader Avail team will join UPSTACK, expanding UPSTACK’s presence in the Pacific Northwest and strengthening its advisory capabilities across multiple verticals.

Heads Up Technologies (HUT) acquired cabin management system (CMS) specialist Innovative Advantage to expand its proprietary cabin technology capabilities for business jets. Innovative Advantage’s AVDS CMS infrastructure platform is installed on more than 2,000 aircraft and will complement HUT’s lighting and integrated cabin control expertise; the deal marks HUT’s third acquisition in three years following STG Aerospace (2022) and Alto Aviation (2023).

Tractive, an Austria-headquartered provider of GPS tracking and pet health insights, acquired Whistle, a connected pet wearable brand owned by Mars Petcare. The deal adds Whistle’s customer base and technology assets to Tractive, strengthening Tractive’s U.S. footprint and expanding its global pet wellness and tracking platform.

Daybright Financial acquired Spectrum Pension Consultants, Inc., an independent retirement third-party administrator based in Tacoma, Washington, expanding Daybright’s footprint in the Pacific Northwest. The transaction includes Spectrum’s affiliated companies: GROUPIRA, Inc., Incentive Benefits, Inc., Integrity Pension Services, LLC, ProTPA, LLC, and Qualified Pension Consultants, Inc. Spectrum’s leaders Petros and Yannis Koumantaros will continue to lead the business as Managing Partners within Daybright’s Private Sector Retirement Solutions segment.

Nortal, a multinational digital transformation company, completed the acquisition of Nearsure, a U.S.-based technology solutions provider with delivery talent across 18 Latin American countries. The deal expands Nortal’s presence in the Americas and strengthens capabilities in enterprise solutions, low-code/SaaS development, AI-driven digital transformation, and staff augmentation. Nearsure will merge with Nortal’s U.S. operations and rebrand in 2025.

Ben Bridge Jeweler acquired Olympic Manufacturing, a Bellevue, Washington-based custom jewelry and repair shop, as part of a strategy to increase vertical integration. The acquired business will continue operating in Bellevue and will keep servicing other local retail jewelers. Financial terms were not disclosed.

Rocket Companies has completed its acquisition of Redfin, combining Redfin’s real estate brokerage website and agent network with Rocket’s mortgage lending platform (Rocket Mortgage). The companies plan to offer integrated products such as Rocket Preferred Pricing to qualified homebuyers and have rebranded Redfin as “Redfin Powered by Rocket.”

Sound Credit Union, headquartered in Tacoma, Washington, completed its acquisition of Washington Business Bank, based in Olympia, Washington. Sound acquired all assets and assumed substantially all liabilities of Washington Business Bank, with full system conversion completed on June 28, 2025, marking the final step in the acquisition.

Inszone Insurance Services acquired Eagle Harbor Insurance, LLC, an insurance agency based on Bainbridge Island, Washington. The deal expands Inszone’s presence in Washington while allowing Eagle Harbor’s clients and staff to continue operating with added resources and broader insurance offerings.

Jones Soda Co. sold its cannabis beverage business, including cannabis-specific assets under the Mary Jones brand, to MJ Reg Disrupters LLC for $3.0 million in aggregate consideration (cash plus a promissory note). As part of the deal, MJ Reg also entered into a multi-year exclusive, non-transferable trademark licensing agreement to use the Mary Jones brand for THC emulsion consumable products in exchange for annual licensing fees.

Descartes Systems Group (TSX: DSG; Nasdaq: DSGX) acquired PackageRoute, a provider of final-mile carrier solutions, to strengthen its routing, mobile, telematics, safety, and compliance capabilities for last-mile delivery operations. PackageRoute offers a mobile and web-based platform for real-time delivery visibility, route optimization, and fleet management, and will complement Descartes’ GroundCloud solution. The deal was completed for approximately US$2 million, funded from Descartes’ cash on hand.

Concord Servicing, a GTCR-backed provider of credit administration software and services, acquired Orion First, a third-party portfolio management and analytics provider focused on the equipment finance industry. The deal expands Concord into commercial finance and equipment lease servicing, creating a broader technology-enabled credit administration platform spanning consumer and commercial markets.

Champions Group Holdings, an Orange County, California-based provider of HVAC and essential home services, acquired Seattle-based Bee's Plumbing. The deal marks Champions Group’s second acquisition in the Seattle metropolitan area as it expands in high-demand U.S. markets. Bee’s Plumbing will continue operating under its existing brand following the acquisition.

KDSA Investment Partners acquired Spokane-based Williams Distributors, a direct-store-delivery (DSD) distributor of ice cream, frozen pizza, and other frozen foods in the Northwestern United States. The investment was completed in partnership with Greyrock Capital Group as KDSA pursues a strategy to build a scaled independent DSD distribution platform.

Ascendion announced the acquisition of Moodys Northwest Consulting (Moodys), a product strategy and transformation firm, to expand its product management and delivery capabilities alongside its AI-powered software engineering services. Moodys will operate under its existing brand and leadership while becoming Ascendion’s Product Management Center of Excellence. Canaccord Genuity served as exclusive financial advisor to Moodys on the transaction.

Allstates WorldCargo acquired Red Arrow Logistics, a Seattle-based domestic and international freight forwarder focused on time-sensitive, high-value shipments. The deal expands Allstates WorldCargo’s presence in the Pacific Northwest and Red Arrow will rebrand under the Allstates WorldCargo name, with Red Arrow CEO Liz Lasater joining Allstates WorldCargo in a senior leadership role.

Tool-Gauge and Machine Works, Inc., a Tacoma, Washington-based aerospace components manufacturer, sold its assets to DEMGY Pacific, LLC, a member of DEMGY Group. The deal expands DEMGY’s aerospace assembly capabilities and global footprint. CriticalPoint served as exclusive financial advisor to Tool-Gauge on the transaction.

Merit Financial Advisors, a Georgia-based wealth management firm, acquired Olympic Wealth Management, LLC to expand its presence in the Pacific Northwest. Olympic Wealth, headquartered in Bothell, Washington, adds an additional Washington office and approximately $204 million in assets; the merger was finalized on June 13, 2025. Deal terms were not disclosed.

Naviam acquired ZNAPZ and Sharptree to expand its global IBM Maximo enterprise asset management capabilities and strengthen its portfolio of asset management solutions. The acquisitions broaden Naviam’s presence in Europe and North America and add expertise in Maximo implementations, managed services, and mobile enablement for Maximo users.

Fusiontek, a managed services provider (MSP) headquartered in Kirkland, Washington, announced the acquisition of Amarok, an Issaquah-based MSP known for its in-house software development team. The deal adds custom software development and data-driven solution capabilities to Fusiontek’s existing IT and cybersecurity services, and marks Fusiontek’s third acquisition in the past year.

XBE and BCMI Corp. announced a merger to combine their cloud-native, mobile-friendly, AI-enabled software offerings for the heavy construction, heavy logistics, and construction materials industries (including ready-mix concrete, aggregates, asphalt, and cement). The combined company will retain both the XBE and BCMI brands and integrate product suites such as XBE, BCMI Ready-Mix Dispatch, Material Pro, and Material Now, led by Sean Devine as CEO with Craig Yeack serving as President of BCMI.

MIND, an AI-native data loss prevention (DLP) and insider risk management platform, raised $30 million in Series A funding seven months after emerging from stealth. The round was led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and existing investor YL Ventures. Proceeds will support strategic growth and enhancements to MIND’s data security platform capabilities.

Trace3, a business transformation and technology consulting firm, announced the acquisition of IVOXY, a Seattle-based data center-focused technology solutions provider. The deal expands Trace3’s footprint in the Pacific Northwest and adds IVOXY’s capabilities across data center infrastructure, hybrid cloud, system integration, end-user compute, and cybersecurity.

Guardian Pharmacy Services, Inc. acquired Mercury Pharmacy Services, a long-term care (LTC) pharmacy based in Mountlake Terrace, Washington. The deal marks Guardian’s first location in Washington and expands its footprint into the Pacific Northwest to support growing demand for LTC pharmacy services. Mercury will continue operating under the same name with existing leadership and staff remaining in place.

The Bay Club Company announced it has acquired 425 Fitness, a group of three fitness clubs in the greater Seattle area (Bothell, Redmond, and Issaquah). The deal expands Bay Club’s Pacific Northwest footprint and supports its regional “Campus” strategy by adding premium fitness amenities to its Washington Campus offerings.

UKG announced it has acquired Shiftboard, an employee scheduling software platform used in mission-critical, highly regulated environments including oil and gas, energy, and manufacturing. The deal, completed on May 30, 2025, will integrate Shiftboard’s industry-specific scheduling engine with the UKG Pro Workforce Management suite to enhance workforce operations with data-driven and AI-enabled capabilities.

MoxiWorks sold its back-office accounting software solution, MoxiBalance, to Upfront via Vero, a newly formed operating unit of Upfront, in an all-cash transaction with undisclosed terms. The deal supports MoxiWorks’ strategic shift to focus on real estate sales and marketing software, while enabling Upfront to expand its financial and back-office offerings for brokerages and agents; MoxiBalance will be rebranded as Vero.

Pye-Barker Fire & Safety acquired Moore Fire Protection, a Seattle-based fire sprinkler company serving the Pacific Northwest. The deal expands Pye-Barker’s Pacific Northwest presence and strengthens its ability to offer integrated life safety services, including fire sprinklers, suppression, security, and alarms.

Main Capital Partners made a majority investment in Fraxion, a US-based cloud procurement and spend management software provider headquartered in Seattle, Washington. As part of the transaction, Main is combining Fraxion with Centreviews, an accounts payable automation and document management software provider headquartered in Two Harbors, Minnesota, as the first add-on acquisition to build an end-to-end spend automation platform.

SaltWise announced it has acquired Green Salt, the brand behind a sea asparagus-based salt alternative. The deal strengthens SaltWise’s portfolio of plant-based, low-sodium salt products and expands customer access to broader product options and distribution.

Members of the Nordstrom family (including Erik, Pete, and Jamie Nordstrom) and El Puerto de Liverpool completed an all-cash acquisition of Nordstrom, Inc. for $24.25 per share. As part of the closing, Nordstrom shareholders will receive cash dividends, and Nordstrom’s common stock will be delisted from the NYSE effective May 21, 2025.

DAT Freight & Analytics acquired Outgo Inc. to add fast, transparent freight payment and factoring capabilities to its DAT One freight marketplace. Outgo will continue operating from its Seattle office as a distinct service within DAT, with Outgo CEO and co-founder Marcus Womack joining DAT’s executive team.

Enatel Inc., a subsidiary of IDEAL Industries Inc., acquired DC Power Technologies, Inc. (DCPT) to support growth of Enatel’s EcoCharge industrial battery charging business in North America. DCPT, an EcoCharge distributor in the U.S. material handling market for the past 12 years, adds local market expertise plus software/service capabilities and technical expertise. DCPT will continue operating under its current operational leadership.

VIP Aviation Holdings acquired VIP Hospitality, LLC, an airport hospitality and customer experience services provider headquartered in Seattle, Washington. The buyer group is led by aviation and hospitality industry veterans Robert Greene, Sachi Greene, and Jeff Osatinski, and the transaction closed on May 2, 2025.

SupplyOne, Inc. acquired The BoxMaker to add digitally printed custom corrugated boxes, retail displays and product labels to its packaging solutions offering and to expand its scale in the Pacific Northwest. The BoxMaker will serve as the foundation for SupplyOne Digital, SupplyOne’s new hub for digital production, enabling additional custom packaging solutions nationwide.

Westgate Resorts completed its acquisition of Vacation Ownership Sales (VOS), the exclusive management, sales, and marketing partner of VI Resorts. Following the deal, the vacation club will operate as VI Resorts by Westgate, and Westgate has committed to invest over $4 million in marketing, branding, and technology enhancements.

Palo Alto Networks agreed to acquire and subsequently completed the acquisition of Protect AI, a Seattle-based startup that secures AI/ML applications and models across the AI lifecycle. Financial terms were not disclosed, though sources cited in reporting valued the transaction at more than $500 million. Protect AI’s technology and team will be integrated into Palo Alto Networks’ Prisma AIRS AI security platform.

Classic Collision, LLC acquired Renton Collision Center, a family-owned collision repair facility located in Renton, Washington. The deal expands Classic Collision’s network of auto body repair locations in the United States.

MajorKey Technologies, an identity security company backed by The Acacia Group, has acquired Oxford Computer Group LLC (US), an identity specialist with deep expertise in Microsoft and Saviynt ecosystems. The combination expands MajorKey’s cross-platform identity capabilities across technologies including Microsoft, Saviynt, CyberArk, SailPoint and Ping Identity and builds on MajorKey’s June 2024 merger with Clango. Oxford Computer Group will operate as a business division of MajorKey, retaining its brand focus on Microsoft and Saviynt services.

MKD Electric, LLC, a portfolio company of Hastings Equity Partners, has acquired Sea-Tac Electric, a Seattle-based electrical contractor. The acquisition expands MKD Electric’s geographic footprint into the Pacific Northwest and strengthens its capabilities as a large non-union electrical contractor serving industrial and commercial customers.

OneDigital, an insurance brokerage, financial services, and HR consulting firm, acquired Fortune Insurance, a property & casualty (P&C) insurance firm headquartered in Tacoma, Washington. The deal expands OneDigital’s P&C and risk management capabilities in Washington and the broader Western region while adding Fortune’s expertise across multiple commercial coverage lines, including cyber risk solutions.

Inszone Insurance Services announced its merger with Hart Insurance Agency, Inc., a personal lines insurance agency based in Federal Way, Washington. The transaction expands Inszone’s presence in Washington and adds Hart’s personal lines capabilities, while allowing Hart to maintain its culture and continue serving clients with additional resources from Inszone.

Transcarent completed its merger with (and acquisition of) Accolade, combining the companies into a single health and care platform serving employers and health plans. Accolade shareholders received $7.03 per share in cash, valuing the transaction at approximately $621 million, and Accolade was delisted from Nasdaq as it became part of a privately held company. Financing for the deal was led by General Catalyst and Glen Tullman’s 62 Ventures, alongside other investors, cash on hand, and debt financing led by J.P. Morgan.

The Institute for Corporate Productivity (i4cp) announced a strategic investment from Boston-based private equity firm M|C Partners to support i4cp’s next phase of growth in its human capital research, advisory, and membership/subscription offerings. In conjunction with the investment, Terry Waters was appointed CEO and joined i4cp’s Board of Directors, while co-founder Kevin Oakes will remain in a leadership and executive capacity.

CTL Corporation acquired 3R Technology, an IT asset disposition (ITAD) provider based in Kent, Washington, expanding CTL’s technology lifecycle and sustainability-focused services for education and enterprise customers. CTL stated it will take immediate ownership while retaining 100% of 3R Technology’s employees, facilities, and key certifications (R2v3 recycling and NAID AAA data destruction). CTL’s investor, Columbia River Partners (CRP), supported the transaction as part of its strategy of backing “picks and shovels of technology.”