Private Equity-Backed Acquisitions in Arkansas

Middle-market private equity firm HKW has acquired Handling Systems and Conveyors, Inc. (HSC), a vertically integrated designer, manufacturer, installer and service provider of cranes, hoists, conveyors and tooling solutions. HKW said it will support HSC’s growth by expanding service penetration, investing in new geographic locations and pursuing strategic add-on acquisitions; financial terms were not disclosed.

U.S. Dermatology Partners, a Dallas-based dermatology network, has acquired Helms Dermatology, adding locations in Russellville and Clarksville and marking USDP's first entry into Arkansas. The deal expands U.S. Dermatology Partners' footprint to nine states and gives Helms Dermatology access to USDP's operational infrastructure including managed care, marketing, compliance, clinical research, recruiting, HR and technology.

Guideboat Capital Partners, a Dallas-based private equity firm, acquired P3 Cost Analysts Franchise, LLC, a Fayetteville, Arkansas cost-reduction consulting firm, with the transaction closing on October 22, 2025. P3 provides shared-savings cost reduction services across utilities, telecommunications, waste management and other overhead categories; Guideboat intends to partner with the founder-led team to support growth and long-term value creation.

Security Fire Systems (SFS), a Blackford Capital-backed fire safety consolidation platform, acquired Lakeview Security, Fire & Communications, a North Little Rock provider of alarm, fire protection, camera and monitoring services. The acquisition expands SFS's presence in Arkansas and broadens its service offerings beyond fire sprinkler work into security and monitoring; terms were not disclosed.

Portrait Capital has acquired AAi Labels & Decals (Art Advertising, Inc.) and Sticker Ranch, combining the two businesses into a single specialty label platform. The deal pairs AAi’s five-decade expertise in durable, compliance-driven labels with Sticker Ranch’s web-to-print digital capabilities to expand customer solutions and pursue further strategic acquisitions under new CEO Lynn Higgs.

Everside Capital Partners announced the closing of an investment in Rumble Pest Solutions, a pest-control services provider with operations in Springdale, Arkansas and Springfield and Jefferson City, Missouri, alongside a Florida-based SBIC sponsor and a North Carolina-based SBIC. Separately, Dubin Clark & Company announced a recapitalization of Rumble; the transaction provides sponsor-backed growth/recapitalization capital to support the company’s next phase of expansion and operations.

Proterra Investment Partners, a Minneapolis-based alternative asset manager, has acquired AcreTrader, the farmland investment platform founded by Carter Malloy and previously part of Acres.com. AcreTrader will operate as part of Proterra to scale farmland offerings and broaden investor access while Acres.com remains an independent business; financial terms were not disclosed.

Charger Investment Partners' portfolio company SBG Holdings Inc. has acquired Ameripolish Inc., a Lowell, Arkansas-based manufacturer of consumables and coatings for polished concrete and terrazzo flooring. The add-on expands SBG's consumables offering across the concrete flooring lifecycle and will keep Ameripolish's founders and management in place to continue running the business.

Rubicon Technology Partners has completed a strategic majority investment in Nuqleous, a Bentonville-based provider of space planning and retail analytics software, and installed Ben Cronin as CEO. The investment is intended to accelerate product innovation, scale the company’s SaaS platform, and support Nuqleous' long-term growth across CPG brands and retailers.

Tavoron, a portfolio company of Fusion Capital Partners, acquired Arkansas Industrial Machinery (AIM) to expand its sales, service, and rental capabilities into Arkansas, Tennessee, and Louisiana. The add-on strengthens Tavoron's service network by bringing AIM's compressor, pump, and fluid-handling distribution, repair, and rental capabilities into the platform.

Patriot Growth Insurance Services has welcomed The Cashion Company, a specialist in construction insurance and surety bonding with offices in Little Rock and Fayetteville, Arkansas, as a partner agency. The Cashion principals will remain involved while Patriot — backed by GI Partners and Summit Partners — provides resources to support growth and expand capabilities in construction risk management and surety solutions.

Persante Health Care, backed by Peninsula Capital Partners, has acquired Sleep Management Services (SMS), a BPO-focused sleep care services provider operating in Arkansas and Texas. The add-on expands Persante’s hospital-based and home sleep testing footprint, increasing scale to more than 125,000 patients served annually across 85 locations and strengthening its recurring, technology-enabled sleep management platform.

The Computer Works (TCW), an Arkansas-based fiber and fixed wireless internet provider, received a growth capital investment led by The Stephens Group, LLC alongside existing investor Circumference Group. The funding will accelerate TCW’s fiber expansion into underserved Arkansas communities, support preparation for BEAD funding opportunities, and scale its voice and hosting service offerings.

Landscape Workshop (backed by Carousel Capital and McKinney Capital) has acquired All Around Landscaping, a Northwest Arkansas landscaping company based in Springdale, AR. The founder-owner Jo Lynn Steenbergen will remain involved to support a smooth transition as Landscape Workshop expands its commercial grounds-management footprint into the Springdale / Northwest Arkansas market.

Good Springs Capital LP has completed an investment in Kimbel Mechanical Systems, a Fayetteville, Arkansas-based mechanical contractor offering plumbing, HVAC, and electrical services. The Kimbel family and senior management will remain significant owners and operators as Good Springs partners with the company to accelerate growth and pursue a focused acquisition strategy across its multi-state footprint.

Cambridge Capital has made a majority investment in STAT Recovery, a machine-learning invoice audit software platform that helps retail suppliers recover improper deductions and compliance fines. The investment will fund technology enhancements, expansion into additional retail ecosystems, and go-to-market growth; Cambridge has appointed Kamal Sundar as CEO and added senior industry executives to STAT's board.

Michelli Weighing & Measurement, a Summit Park-backed platform, has completed a recapitalization of Pioneer Scale Company, a family-owned industrial weighing services provider headquartered in Benton, Arkansas. The deal expands Michelli's service footprint across Arkansas, Texas and Colorado and provides a partner for the Crews family as they transition ownership while strengthening the Michelli platform.

Blackstone Growth (Blackstone) has made a growth equity investment in 7 Brew Coffee to accelerate the drive-thru beverage chain's U.S. expansion. Jimmy John Liautaud is identified as a selling shareholder; terms were not disclosed.

FV Recycling, a portfolio company of Jones Capital based in Hattiesburg, Mississippi, has acquired Linn Paper Stock and QLL Equipment in Little Rock, Arkansas. The add-on deal expands FV Recycling's footprint in Arkansas, strengthens its commercial waste equipment division, and adds a local team and service capability in the Little Rock area.

FreshEdge, a Wind Point Partners–backed super-regional fresh food distributor, acquired Kimball & Thompson Produce Company (KT Produce), a fresh produce distributor headquartered in Lowell, Arkansas. The add-on expands FreshEdge's footprint in the Southern U.S., strengthens its supply chain and adds approximately 40,000 square feet of warehouse capacity across Lowell and Arkansas/Oklahoma locations.

New York-based private equity firm Hemingway Capital led a recapitalization of Chibuzo, LLC, a Fort Smith, Arkansas manufacturer of wood pallets and crates, partnering with Werner and Theresa Hugo. The transaction was financed with subordinated debt and preferred equity provided by Spring Capital Partners, Parkway Capital (a Calvert Street affiliate) and IBC Funds to support the acquisition/recapitalization.

Chicago-based private equity firm Wind Point Partners has acquired Central Moloney (CMI), a Pine Bluff, Arkansas manufacturer of distribution transformers and transformer components. Wind Point will partner with CMI management to invest in production capacity, modernize equipment and systems, and pursue strategic growth initiatives to serve U.S. utilities and other critical-infrastructure customers.

O2 Investment Partners has invested through its platform FCAH Aerospace to acquire Cobalt Aero Services, a licensed FAA/EASA repair station specializing in nacelle, thrust reverser, and airframe component MRO. The deal adds complementary depot-level repair capabilities to the FCAH platform, supporting geographic expansion, capability enhancement, and increased service offerings to commercial, cargo, and defense customers.

Toronto-based Carbon6 has acquired chargeguard, a Rogers, Arkansas–based SaaS solution that automates recovery of Amazon Vendor Central fees. The deal expands Carbon6's profit-recovery offering into 1P vendor workflows and integrates chargeguard's algorithmic chargeback-recovery platform into Carbon6's marketplace ecommerce ecosystem.

Kinderhook Industries has recapitalized CARDS Recycling, partnering with founder and CEO Dan Christensen and the company's management team to provide growth capital and support expansion. CARDS, headquartered in Springdale, Arkansas, operates municipal, commercial, and industrial solid waste collection and post-collection facilities across Arkansas, Kansas, Missouri, Oklahoma and Texas; financial terms were not disclosed.

1WorldSync, a provider of omnichannel product content solutions backed by Battery Ventures, has acquired Webata, an e-commerce technology and analytics firm that helps brands grow sales through keyword optimization, PDP content scoring, store-level publishing and in-stock compliance. The acquisition expands 1WorldSync’s e-commerce analytics capabilities and integrates Webata’s retail-focused insights across 1WorldSync’s customer base of more than 14,000 brands and retailers.

Arcane Plastics, backed by Arcane Capital Partners and an investment from Bluehenge Capital Partners, has acquired Prairie Grove-based Poly-Tech Plastic Molding, a custom injection-molding and extrusion company. The deal expands Arcane's production capacity (adding a 65,000-square-foot facility), broadens its customer base across multiple end markets, and supports a platform strategy to consolidate plastics manufacturing capabilities in North America.

Mytee, LLC (a portfolio company of Dry Fly Capital) has acquired a majority stake in Square Scrub, LLC, a Jonesboro, Arkansas manufacturer of hard-surface floor cleaning machines. The transaction was supported by mezzanine debt and a minority equity investment from First Capital Partners in partnership with Dry Fly Capital and UMB Capital Corporation; Square Scrub founders Kevin and Renee Brady will remain involved as shareholders.

Alliance Technical Group, backed by Morgan Stanley Capital Partners, has acquired GBMc & Associates, a multimedia environmental consulting firm based in Bryant, Arkansas. The acquisition expands Alliance’s environmental consulting capabilities and national resources, adding GBMc’s expertise in watershed and land use management, ecological services, and regulatory compliance for industrial and municipal clients.

Acoustic, a provider of unified marketing and customer experience technology for B2C brands, has received a strategic growth investment from Francisco Partners while existing investor Centerbridge Partners remains the primary equity holder. The capital will support Acoustic’s platform vision, accelerating product development and expansion of its personalized multichannel marketing and analytics capabilities.

LRS (Lakeshore Recycling Systems) has acquired Lee's Trash Service, a long‑time independent hauler serving the Arkansas River Valley, to densify its LRS South footprint. The deal brings more than 25,000 subscription and municipal residential customers, commercial disposal and roll‑off capabilities, and a transfer station to support regional expansion; founder Tony Lee will remain with LRS in a senior operations role.

Valence Surface Technologies, a PE-backed aerospace surface-finishing platform, has acquired B&M Painting, a Camden, Arkansas-based metal finishing and specialty coatings provider serving aerospace and defense primes. The deal—Valence's tenth add-on since formation and supported by majority owners ATL Partners and BCI—adds regional defense-focused coating capabilities while retaining B&M's existing management and workforce.

Circumference Group, an operationally-focused investment firm based in Little Rock, acquired a majority stake in The Computer Works (TCW), a Conway, Arkansas-based provider of fiber and fixed wireless internet and related IT services. The investment will provide capital and operational support to help TCW expand and continue providing broadband connectivity to residential and commercial customers across Arkansas; terms were not disclosed.

Pearlman Group, a portfolio company of The Stephens Group, acquired J. Dulac & Sons, Inc. dba Cleaners Connection, a North Little Rock-based specialty distributor of cleaning and restoration supplies. The add-on expands Pearlman's footprint in the cleaning & restoration market across the Midwest and South; financial terms were not disclosed.

Pallet Logistics of America (PLA), a Silver Oak Services Partners portfolio company, has acquired Propak, a national provider of 3PL, reverse logistics, warehousing, transportation and freight brokerage services. The deal adds Propak's 60+ locations and roughly 1,700 employees to PLA, transforming PLA from a western U.S. pallet manager into a national supply chain solutions provider and expanding its service capabilities and footprint.

Graduway + Gravyty has merged with Gratavid, integrating Gratavid’s personalized video platform into the Graduway + Gravyty product ecosystem to enhance donor, alumni, and community engagement. The acquisition aims to combine Gratavid’s video personalization and CRM integrations with Graduway + Gravyty’s existing engagement and fundraising technologies to expand capabilities and improve retention and stewardship for schools, non-profits, and healthcare organizations.

Tricoastal Ventures, a capital investment firm focused on commercial aviation, acquired 100% of Central Flying Service from the Holbert family. The Little Rock-based general aviation services provider will be led by Phil Jordan (CEO) and Herb Knight (COO) under Tricoastal ownership and will pursue expansion of locations, adjacent markets and maintenance work for sister brands.

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have completed an investment to acquire Fairway Lawns, a Little Rock‑headquartered provider of residential lawncare services that operates 16 branches across the Southeastern United States. MSCP is partnering with Fairway's existing management team led by CEO Kyle DeMilt and intends to accelerate the company's geographic expansion and add-on acquisition activity; Prairie Capital sold the company.

The Bluebird Group, an H.I.G. Capital portfolio company, has acquired Bentonville-based 479 Sales & Marketing, a full-service retail services and omni-channel agency with deep Walmart and Sam's Club expertise. The acquisition expands Bluebird's Walmart capabilities and retail data/analytics offerings; all 479 employees will transition to Bluebird in Arkansas.

Corporate Visions, a portfolio company of The Riverside Company, has acquired DSG Consulting, a Little Rock‑based tech‑enabled sales consulting and training firm. The add‑on expands Corporate Visions' revenue growth and sales enablement capabilities by integrating DSG's video‑based playbooks and vPlaybook subscription technology; Stone‑Goff Partners sold its investment in DSG as part of the transaction.

Relation Insurance Services, a PE-backed national insurance brokerage, acquired the assets of Dixon Insurance Services, a Lake City, Arkansas-based multi-line P&C agency focused on farm and agriculture. Dixon will fold into Relation's Central Region to expand Relation's presence in Arkansas and add agricultural insurance expertise.

MidOcean Partners has acquired Cloyes, a North American leader in timing drive systems and engine components, from Hidden Harbor Capital Partners. MidOcean plans to grow Cloyes through organic initiatives and strategic M&A to build a stronger platform in the automotive aftermarket; financial terms were not disclosed.

New Engen, a Seattle-based digital marketing agency and portfolio company of Insignia Capital Group, has acquired Acorn Influence, an influencer marketing agency based in Rogers, Arkansas. Acorn Influence was previously a portfolio company of NewRoad Capital Partners, which will remain an investor in the combined business; the deal strengthens New Engen's influencer, content and CPG retail capabilities.

Boston-based private equity firm M/C Partners has completed a strategic growth investment in Edafio Technology Partners, a leading IT managed services provider headquartered in Little Rock, Arkansas. The partnership is intended to accelerate Edafio’s regional expansion and enhance its managed services, cloud and cybersecurity capabilities through organic growth and potential acquisitions.

Round 2, a collectibles platform backed by Praesidian Capital, has acquired Big Country Toys, an Arkansas-based designer, manufacturer and retailer of farm, ranch and rodeo toys and collectibles. The add-on expands Round 2's product offering into a new vertical and opens additional growth channels to mass merchants and hobby customers.

Spectrum Equity led a $163 million minority growth equity investment in Zenwork, the operator of Tax1099 and Compliancely, to accelerate product innovation and scale its digital tax compliance and regulatory reporting platforms. The capital will support product development and growth as Zenwork expands its automated e‑filing, business identity verification, and compliance offerings for small businesses, CPA firms and enterprise customers.

Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired BEI Precision Systems & Space Company, Inc. from J.F. Lehman & Company. The add-on acquisition expands Quantic's capabilities in mission-critical position feedback sensors, encoders, accelerometers, and frequency reference technologies for aerospace, space, and defense end markets.

Offen Petroleum, a Court Square Capital-backed fuel distributor, agreed to acquire the business assets of Petromark, Inc. and its affiliate Petromark Transportation, LLC, both headquartered in Harrison, Arkansas. The add-on expands Offen’s footprint in the Ozark region (Arkansas, Missouri, Oklahoma) and brings Petromark owners Stephen Lair and Steve Turner into transitional roles, with Steve Turner serving as an advisor.

H.I.G. Capital affiliate completed a recapitalization of Windows USA, partnering with Michael Allbritton, Robert Tankersley, Ryan Guthrie, Eric Oliver and the existing management team to provide resources to accelerate growth. Headquartered in Royal, Arkansas, Windows USA is a vertically integrated provider of replacement vinyl windows and a leading DTC installer serving homeowners across the Southern United States; terms were not disclosed.

Brynwood Partners VIII L.P. has acquired De Wafelbakkers from The Oklahoma Publishing Company (OPUBCO), a subsidiary of the Anschutz Corporation. The acquisition expands Brynwood's food and beverage manufacturing footprint and adds two production facilities and roughly 650 employees to its portfolio.