Private Equity-Backed Acquisitions in Idaho

Straightaway Tire & Auto, a PE-backed aftermarket automotive repair platform, has acquired Silverlake Automotive, a five-location repair brand based in Coeur d'Alene, Idaho. The deal (announced by O2 Investment Partners) expands Straightaway's Mountain West footprint and brings Silverlake into Straightaway's multi-brand platform as its fifth brand.

Bluestone Equity Partners has made a strategic growth investment in Selkirk Sport, the pickleball equipment and sportswear brand, marking Selkirk's first external investment. The capital will support product innovation, omnichannel retail expansion, and targeted international growth across Asia.

Paine Schwartz Partners–backed HGS BioScience has acquired Pharmgrade, an Idaho-based developer of microbial consortium products, to strengthen its microbial capabilities and expand its integrated biologicals platform. The deal enhances HGS's R&D, formulation and manufacturing depth and helps scale Pharmgrade’s microbial technologies to retailers and growers across North America.

FormativGroup, a consultancy backed by Rockbridge Growth Equity, has acquired Eon Collective, a specialist in data integration, modernization, and governance services. The acquisition expands FormativGroup's data modernization and governance capabilities to better serve mid-market clients and accelerate platform-based offerings.

Com Laude, the London-headquartered corporate domain services provider owned by PX3 Partners, has completed its acquisition of U.S. corporate domain registrar Markmonitor from Newfold Digital, combining the businesses under the new Markmonitor Group with an initial enterprise value of about $450 million. The combined company will maintain regional headquarters in Boise, London, and Tokyo, employ staff across 16 countries, and offer a full-service suite for corporate domain portfolio management, brand protection, TLD strategy, and related advisory services.

Impel Company, a Pike Street Capital portfolio platform, has made a strategic investment in Riverside Inc., a family-owned Parma, Idaho provider of electric motor repair, pump services, well-drilling and millwright field services. The transaction is an add-on to the Impel platform intended to expand capabilities and strengthen Impel's presence across Idaho and the western U.S.

Mercer Global Advisors (Mercer Advisors) has acquired McConnell Financial Advisors, a boutique Boise, Idaho-based financial planning firm with approximately $130 million in AUM. The deal expands Mercer’s presence across Boise and Sun Valley and bolsters its Women & Wealth-focused advisory capabilities while preserving McConnell’s relationship-driven planning approach.

Mercer Global Advisors, a national RIA headquartered in Denver, acquired West Oak Capital, an Eagle, Idaho-based wealth advisory firm managing approximately $500 million in client assets. The deal expands Mercer’s presence in Idaho and Southern California and brings West Oak’s team and multigenerational family-office capabilities onto Mercer’s platform.

An affiliate of Balmoral Funds LLC has acquired Wilbur-Ellis Nutrition, LLC (now operating as Rangen) from Wilbur-Ellis Holdings II, LLC. The transaction is a carve-out of Wilbur-Ellis's full Nutrition business — including Rangen, Ametza, Emmert and Oxy product lines — positioning Rangen as an independent platform to accelerate innovation and growth across pet, aquaculture, and livestock markets.

Cardio Partners, a division of Sarnova, announced the acquisition of RescueStat, a healthcare technology company that provides AED program management and remote monitoring. The transaction, completed on August 8, 2025, expands Cardio Partners' capabilities in AED program oversight and remote monitoring to broaden life‑saving emergency readiness solutions.

SALT Dental Partners announced that Lineberry Orthodontics, led by Dr. Laura Lineberry, has joined the SALT network effective August 6, 2025. The practice — operating two orthodontic locations in Boise and Mountain Home, Idaho — expands SALT’s presence in the Greater Boise market as an add-on to its dental platform.

San Antonio-headquartered C.H. Guenther & Son (CHG), a Pritzker Private Capital-backed food manufacturer, has acquired Fresca Mexican Foods, a Caldwell, Idaho-based producer of flour and corn tortillas and tortilla chips. The acquisition expands CHG's tortilla manufacturing capacity, adds Fresca's 190,000 sq. ft. facility and ~375 employees, and deepens CHG's relationships with QSR, foodservice and private-label customers.

EP Wealth Advisors has entered a strategic partnership with Boise-based Buffington Mohr McNeal (BMM), onboarding the BMM team and approximately $900 million of AUM. Eleven BMM employees, including co-founders Carey McNeal and Bruce Mohr, will join EP Wealth as the firm expands its footprint in the Intermountain West; financial terms were not disclosed.

Long Ridge Equity Partners has made a minority growth investment in Pacific Crest Services (PCS), a turn-key insurance platform that provides back-office support, technology, carrier access, and compliance resources to independent insurance agents. The investment—Long Ridge's first deployment from Fund IV—will support PCS's next phase of growth; Long Ridge partners Jason Melton and Devin Stearns will join the PCS board and Jim Brown will join as a board observer.

Merit Financial Advisors has acquired Sanctuary Wealth Management, LLC and its subsidiary Fiduciary Services, LLC, expanding Merit's presence into Idaho and adding approximately $1.6 billion in assets. The deal brings Sanctuary's wealth management and ESOP/fiduciary capabilities onto Merit's platform; the three firm owners will join Merit as wealth managers.

TELEO Capital Management has acquired SOFTRAX, a Boise-based provider of cloud revenue management and billing software, from TELUS Corporation. TELEO says the investment will accelerate product innovation, integrate advanced analytics/AI capabilities, and support organic and strategic growth initiatives for SOFTRAX.

Pelco Products, a portfolio company of River Associates, acquired PedSafety, a Boise-based pedestrian safety products manufacturer; the transaction closed on February 7, 2025. The add-on expands Pelco's product portfolio by integrating PedSafety's pedestrian-focused technology with Pelco's traffic management hardware to deliver more comprehensive intersection and mid-block safety solutions across North America.

B&R Auto, a portfolio company of Highview Capital, has acquired Idaho Falls-based Marler Auto Supply. The acquisition gives B&R a gateway into Idaho and the broader Mountain West region, expanding its recycled auto parts inventory, delivery capabilities and service coverage.

Premier Aggregates and Ada Sand & Gravel have combined operations to form Premier Aggregates Holdings, LLC, creating the largest independent aggregates supplier in southwestern Idaho. The transaction consolidates long-life permitted aggregate resources, retains all employees, and aims to scale service capacity to meet rising construction and landscaping demand in the Boise region.

The SEER Group acquired Boise-based K-F Electric and Veterans Plumbing and will integrate both businesses into its Boise-based platform, Western Heating and Air. The transactions expand SEER's service capabilities across electrical, plumbing and HVAC in the Treasure Valley and support succession planning for the founders.

Bansk Group, a New York-based consumer-focused private investment firm, agreed to acquire PetIQ, Inc. in an all-cash transaction valued at approximately $1.5 billion ($31.00 per share). The deal, approved by PetIQ’s board and completed on October 25, 2024, takes PetIQ private; the company will continue to be operated independently by its executive team and Bansk plans to invest in brand, marketing, capabilities and strategic growth initiatives.

Pye-Barker Fire & Safety acquired Treasure Valley Fire Protection, a Boise-based fire sprinkler design, installation and service provider. The deal expands Pye-Barker’s fire sprinkler capabilities and marks its first offering of sprinkler services in Idaho, enabling enhanced service to commercial customers in the Boise region.

DZYNE Technologies has acquired High Point Aerotechnologies, integrating High Point's counter‑UAS hardware and software capabilities into DZYNE's autonomous defense platform. Both companies are portfolio companies of Highlander Partners; the deal consolidates complementary capabilities across UAS, C‑UAS, AI/software and mission operations to accelerate DZYNE's defense offerings.

BradyPLUS has acquired Idaho Package Company (iPAK), a regional industrial and agricultural packaging distributor serving Idaho, Eastern Oregon and Eastern Washington. The add-on expands BradyPLUS’s industrial packaging capabilities and geographic coverage in the Western United States; terms were not disclosed.

Western Smokehouse Partners, a portfolio company of AUA Private Equity, acquired substantially all of the assets of Golden Valley Natural, LLC (dba Hero Snacks) to expand its better-for-you meat snack platform. The deal brings Golden Valley’s organic and all-natural jerky capabilities and Shelley, Idaho manufacturing capacity into the Western Smokehouse platform as an add-on to support growth and broaden product offerings.

RESA Power, a portfolio company of Investcorp, has acquired Mountain States Transformer Service, Inc. (MSTS), a Pocatello, Idaho-based provider of transformer maintenance, oil processing, testing and repair. The deal expands RESA Power's transformer services capabilities, increases its oil-processing rig fleet and provides a base for geographic expansion into the Pacific Northwest.

Katabat, a global provider of cloud-based debt collection software, has acquired Simplicity Collection Software of Idaho Falls, Idaho, to broaden its product coverage and serve both first- and third-party clients. The deal (terms undisclosed) expands Katabat's footprint into small-to-medium third-party collection agencies, healthcare providers and legal recovery markets and was supported by Katabat's PE backers' strategic endorsement.

True Environmental, a Halle Capital‑backed environmental services platform led by Jim Stamatis, has acquired Sundance Consulting, Inc., a Pocatello, Idaho‑based environmental consulting firm of more than 70 professionals. The partnership (formed March 5, 2024) brings Sundance into True’s platform to accelerate growth, expand service capabilities in federal and commercial environmental markets, and facilitate an ownership transition for Sundance’s founder and employee‑owners.

WebMD Health Corp., an Internet Brands company, acquired the operating assets of Healthwise — including content, products, technology, client relationships and certain trademarks — and will fold most of Healthwise's team into WebMD Ignite. The deal expands WebMD Ignite's patient and member engagement capabilities and footprint (now serving more than 650 healthcare organizations); financial terms were not disclosed.

95 Percent Group LLC, a portfolio company of Leeds Equity Partners, has acquired Morpheme Magic, the supplemental curriculum and training business founded by Dr. Deborah R. Glaser. The acquisition expands 95 Percent Group's One95 Literacy Ecosystem by adding morphology-focused instructional materials and teacher supports to its existing phonics and literacy offerings.

DFW Capital Partners completed an investment in Harris CPAs, a Meridian, Idaho-based regional accounting firm that provides audit & assurance, tax, and advisory services. The investment includes the placement of DFW Operating Partner Michael J. O'Donnell as CEO and is intended to accelerate Harris's organic growth and support a strategy of partnering with other CPA firms and investing in technology and talent.

West Edge Partners formed the INTACT Property Restoration platform and acquired regional restoration companies Flood Response (Thousand Palms, CA) and Valley Maintenance and Restoration (Hailey, ID). Valley Maintenance and Restoration’s sale to INTACT closed in June 2023; terms were not disclosed. The transactions expand INTACT’s footprint across the Western U.S. and create a platform for scale, knowledge sharing and best-practice implementation.

Aldinger Company, a Dallas-based calibration services provider and portfolio company of Incline Equity Partners, acquired Instrument Technologies, Inc., an A2LA-accredited instrument calibration provider with a primary lab in Boise, Idaho and four mobile labs in the Seattle area. The transaction, advised by Generational Equity, closed on November 30, 2023 as an add-on to Aldinger to expand its geographic footprint and calibration capabilities.

Charger Investment Partners, a Los Angeles–based private equity firm, has acquired Unitech Composites and folded it into its composites platform, APEX Space & Defense Systems. Unitech joins APEX’s other units to create a combined lightweight materials manufacturing business serving aerospace, defense and space markets.

Alterra Mountain Company has completed its acquisition of Schweitzer Mountain Resort in Sandpoint, Idaho, expanding Alterra’s portfolio of year-round mountain destinations to 17 properties. Schweitzer’s existing CEO Tom Chasse will remain in place, and the MKM Trust/Capital will retain non-ski real estate and development holdings while Alterra assumes resort operations.

Mission Critical Group (MCG), a newly formed electrical equipment solutions platform backed by Emerald Lake Capital Management, has acquired Johnson Thermal Systems (JTS), a family-owned designer and manufacturer of custom power packaging and industrial cooling solutions based in Caldwell, Idaho. JTS will operate as part of the MCG platform to expand product and service capabilities supporting mission-critical power and cooling needs across data centers and other industrial end markets.

HighGround Restoration Group, a Trivest portfolio company, has acquired Allklean, a Post Falls, Idaho-based provider of water damage restoration and carpet cleaning services serving Eastern Washington and Northern Idaho. The acquisition expands HighGround's family of restoration brands into the Pacific Northwest while preserving Allklean's brand and supporting growth through national scale and invested capital.

Funds advised by Basalt Infrastructure Partners have closed the acquisition of Fatbeam Holdings, LLC from a fund managed by SDC Capital Partners and other investors. Fatbeam is a fiber broadband provider operating ~1,250 route miles across the western United States; Basalt said it will partner with management to continue the company’s growth and expand connectivity to education, commercial, carrier, and government customers.

Clearview Capital Fund IV completed a recapitalization of Inventive, LLC (closed May 5, 2023), partnering with its Vertikal Brands team to support growth of the domestic manufacturing business. Inventive founder Chuck Ceccarelli retained a significant equity stake; Clearview said it will leverage Inventive's engineering and lean manufacturing capabilities to expand product development and market reach in towing, fishing, ATV/UTV and garage end markets.

Ontario Teachers' Pension Plan has agreed to acquire a majority stake in Sevana Bioenergy and will make a $250 million capital commitment to accelerate development of renewable natural gas (RNG) projects across North America. Sevana, an owner-operator of large-scale anaerobic digestion projects, has deployed over $350 million of projects under construction and operates digester facilities across agricultural regions including Oregon, Idaho and South Dakota.

Highlander Partners, through its defense-focused division High Point Aerotechnologies, acquired Black Sage Technologies from Acorn Growth Companies. Black Sage, a Boise-based developer and integrator of Counter-UAS hardware and its DefenseOS C2 software, will complement Highlander’s growing C-UAS platform and expand capabilities for military, internal security, and critical infrastructure customers.

FleetPride, the nation's largest distributor of truck and trailer parts and services, has acquired the assets of Berggren Diesel, a family-owned heavy-duty truck service operator with locations in Idaho Falls and Terreton, Idaho. The deal expands FleetPride's service footprint in Idaho and western Wyoming and brings Berggren's technicians and support staff into FleetPride's national parts and service network.

Lincolnshire Management, a New York-based private equity firm, has acquired Whitewater Brands, an omnichannel marketer and supplier of consumables and light equipment to automotive collision shops, mechanical repair shops, and dealerships. The sellers were Rock Gate Partners and Peninsula Capital Partners; financial terms were not disclosed. Lincolnshire intends to grow the business organically and via M&A, leveraging Whitewater's multi-brand catalog, e-commerce channels, and distribution footprint.

Pelco Products, an Edmond, Oklahoma portfolio company of River Associates, has acquired TraffiCalm Systems, LLC and MOR Manufacturing LLC to form a national traffic safety and traffic hardware leader. Both acquired businesses will operate autonomously from their Post Falls, Idaho location, with John Ragan remaining president of TraffiCalm and Pelco continuing to integrate complementary product lines.

Kodiak Building Partners has acquired Albeni Falls Building Supply, a long-standing lumber and building materials supplier founded in Oldtown, Idaho in 1948. The Melbourns (David and Susan) sold the business but will continue to lead operations as Kodiak looks to expand its Pacific Northwest footprint and provide backend support and resources.

Ardurra Group, a Miami-based ENR Top 500 engineering firm and portfolio company of RTC Partners, has acquired and merged with T-O Engineers, a 200-person full-service engineering firm headquartered in Boise, Idaho. The acquisition expands Ardurra's capabilities in aviation, transportation, public works and water/wastewater and extends its geographic footprint in the Pacific Northwest and Rocky Mountain region.

Fairbank Equipment, a portfolio company of Pfingsten, has acquired G&R Ag Products, a specialty distributor of agricultural parts and propane equipment headquartered in Caldwell, Idaho. The add-on deal, which closed June 30, 2022, expands Fairbank's distribution footprint into the Pacific Northwest and provides new markets for its propane product lines; G&R's president Curt Ruehl will remain with the business and become a shareholder in Fairbank.

Knox Lane announced a strategic majority investment in Elevation Labs (NCL Acquisition Corp. and subsidiaries), acquiring the company from Clearview Capital Fund III. Varagon Capital Partners supported Knox Lane’s investment; Elevation Labs is a contract formulator and manufacturer of premium skincare, haircare and color products with facilities in Idaho Falls, Idaho and Denver, Colorado.

Knox Lane, a San Francisco-based growth investment firm, has made a strategic growth investment in Elevation Labs, a leading formulator and contract manufacturer of premium beauty products headquartered in Idaho Falls, Idaho. The partnership will support Elevation Labs' expansion of capacity, capabilities and team, and the company plans to pursue strategic acquisitions to complement its organic growth; terms were not disclosed.

Paradigm, a provider of legal practice management software, has acquired LollyLaw, a cloud-based immigration law practice management platform founded in 2014. The acquisition brings LollyLaw's immigration-specific workflows and form features into Paradigm's suite to expand capabilities for immigration law firms.