Private Equity-Backed Acquisitions in Kansas

Epiphany Dermatology announced a partnership to add Resolute Dermatology, LLC — a two-location dermatology practice in the greater Kansas City area led by Dr. Daniel Christiansen — to its provider network. The deal expands Epiphany’s presence in Kansas and brings Resolute access to Epiphany’s operational support services while Epiphany benefits from the practice’s clinical expertise in medical and Mohs surgical dermatology.

W&B Service Company, a portfolio company of Stellex Capital Management, has acquired Sanders Trailer Service, a full-service semi-trailer dealership with three locations in Kansas and Missouri. The deal expands W&B's trailer sales and service capabilities into Kansas and western Missouri, adding agricultural-focused trailer offerings and parts/service capacity for customers across the Midwest.

CAPTRUST Financial Advisors has onboarded Meritage Portfolio Management, a Kansas City–based wealth and investment management firm with $2.4 billion in client assets. The Meritage team of 17 colleagues (including nine advisors) joined CAPTRUST in a deal that closed in December 2025 and will operate under the CAPTRUST brand; Houlihan Lokey served as Meritage's financial advisor.

Humble Growth has acquired a minority growth-equity stake in simplyFUEL, the protein-snack brand founded by Mitzi Dulan. The partnership is intended to help simplyFUEL scale its brand and accelerate retail expansion (Costco, Sam’s Club, Walmart, Target) with Humble Growth providing hands-on operating and brand-building support.

Merit Financial Advisors has acquired SSC Wealth LLC, the wealth management division of SSC CPAs + Advisors, adding approximately $259.6 million in AUM and transferring the advisory business, assets, and four employees to Merit. The deal formalizes a strategic partnership between Merit and SSC CPAs + Advisors to deepen coordination between wealth management and advanced tax planning for high-net-worth clients and business owners.

TrussPoint Roofing & Exterior Renovations, a residential exteriors platform backed by Soundcore Capital Partners, has acquired Eaton Roofing & Exteriors to expand its Midwest footprint and deepen operations in Kansas. Eaton — founded in the early 1990s and operating multiple locations across Kansas — provides residential roofing, siding, windows & doors, and gutter services; financial terms were not disclosed.

Net at Work, a Lovell Minnick–backed managed services provider, has acquired Kansas-based Network Computer Solutions (NCS) to expand its Midwest footprint and strengthen its managed services capabilities. The deal also transfers NCS's Nterfuse software platform to Net at Work, preserving service continuity for Nterfuse customers while providing broader support and access to Net at Work's cybersecurity, cloud, ERP and national managed services infrastructure.

Forefront Dermatology, a portfolio company of Partners Group, has entered a strategic partnership to acquire Wichita Dermatology & Aesthetics, a two-location dermatology practice in Wichita, Kansas. Physician Growth Partners advised Wichita Dermatology & Aesthetics; the deal will expand Forefront's clinical footprint and provide WDA access to Forefront's resources while preserving the practice's physician-led culture.

Vance Brothers, a division of Pavement Preservation Group (PPG) — a portfolio company of The Sterling Group — has completed the acquisition of Circle C Paving and Construction, LLC and Circle C Transport, LLC (collectively "Circle C"). Headquartered in Goddard, Kansas, Circle C is a regional provider of pavement preservation (primarily chip and scrub sealing) serving public, commercial and residential customers in Kansas and northern Oklahoma; the business will be integrated into Vance/PPG to expand the platform’s regional presence and capabilities.

Flow Service Partners, a PE-backed HVACR platform, has acquired Weber Refrigeration & Heating, Inc., a regional HVACR provider serving western Kansas. The add-on expands Flow's rural/regional footprint and capabilities in refrigeration, geothermal, and building automation while preserving Weber's local brand and leadership.

Nuveen’s Private Equity Impact team has acquired a majority interest in Ally Energy Solutions, a U.S.-based provider of turnkey energy solutions for commercial and industrial customers. The investment, the sixth for Nuveen Climate Inclusion Fund II, will support Ally’s national growth and deepen its capabilities in distributed clean energy, electrical infrastructure upgrades, and energy-efficiency projects.

Inszone Insurance Services, a national insurance brokerage, has acquired Parker-Haskins Insurance, an independent agency based in Dodge City, Kansas. The transaction expands Inszone’s presence in Kansas and brings crop insurance expertise and local client relationships into Inszone’s network.

Investment funds affiliated with Rhône have acquired Freddy's Frozen Custard & Steakburgers from Thompson Street Capital Partners. Freddy's— a fast-casual franchise with more than 550 locations and over $1 billion in system-wide sales—will keep its existing leadership as Rhône supports continued market expansion and guest-experience improvements.

Bishop Lifting, a portfolio company of Altamont Capital Partners, has completed the acquisition of American Rigger's Supply, a family-owned sling fabrication and rigging supplier headquartered in Kansas City, Kansas. The deal expands Bishop's Midwest branch network and service capabilities; owner Jennifer Hughes will assist with the transition and Neal Edwards will serve as Branch Manager.

Scruggs Company and Neil Technical Services (NTS), a portfolio company of Rox Capital Partners, have acquired Mid‑America Valve (MAV), a regional distributor serving the water and wastewater sector. The deal expands the Scruggs/NTS platform's geographic reach in the Midwest and enhances its ability to provide integrated product and field service solutions to municipalities, utilities, and industrial customers.

Corporate Technologies, a Tonka Bay Equity Partners-backed national managed IT services provider, has acquired Cenetric, a Kansas City-based managed services provider (MSP) serving small and mid-sized businesses. The deal expands Corporate Technologies' footprint to 18 U.S. markets and is its third acquisition since partnering with Tonka Bay in 2023.

Beary Landscaping, a portfolio company of Silver Oak Services Partners, acquired Seasonal Solutions and certain commercial landscaping assets from Suburban Landscaping to expand its recurring commercial landscaping and snow removal footprint in the Midwest. The deals give Beary entry into the Kansas City market (via Seasonal Solutions, headquartered in Overland Park, Kansas) and expand its capabilities and reach in Northwest Indiana.

Gravyty, an AI-powered engagement and fundraising provider for higher education, has acquired Athlete Network, a platform that connects student-athletes with alumni and supports athletic department engagement. The acquisition will integrate Athlete Network’s athletics-focused engagement tools into Gravyty’s suite to expand fundraising and donor intelligence capabilities for collegiate athletic programs.

Littlejohn Capital, the family office of Angus C. Littlejohn Jr., has acquired 3P Processing, a Wichita-based provider of metal processing and finishing solutions for the aerospace industry. Route 2 Capital Partners provided subordinated debt and an equity investment to support the transaction; 3P holds multiple NADCAP certifications and more than 20 OEM approvals serving commercial, business aviation and defense customers.

Traverse Pointe Partners, a Chicago-based private equity firm, has completed an investment in Soma Therapy, a Wichita, Kansas outpatient mental health provider operating six locations. Traverse Pointe said it will provide capital and operational support to expand Soma's service offerings and broaden its geographic reach; financial terms were not disclosed.

Simplicity Group Holdings, Inc. has acquired Brokers Edge, a Lenexa, Kansas-based wholesaler specializing in traditional fixed annuities, fixed indexed annuities, and life insurance products. The deal brings Brokers Edge founder Rich Hellerich into the Simplicity partnership and expands Simplicity’s life and annuity distribution capabilities for advisors and their clients.

Dallas-based Precision Aerospace Holdings, a portfolio company of Juniper Capital Management and CIC Partners, has acquired Clearwater Engineering, a Derby, Kansas precision machining and CNC milling company serving commercial and government aerospace customers. The add-on deal (closed March 7, 2025) expands Precision's Midwest footprint, adds machining capacity and capabilities, and brings approximately 40 Clearwater employees into the Precision platform.

Industrial Networking Solutions (INS), a CIVC Partners–backed provider of critical wired and wireless networking solutions, has acquired Source Inc., a specialist in wireless networking, IoT and POTS replacement. The acquisition expands INS's wireless, 5G and managed IoT capabilities and leverages Source Inc.'s Network Operations Center and regional U.S. presence to improve fulfillment and service delivery.

Lightpath has acquired WANRack’s network assets and customers in Phoenix, Arizona, adding 133 miles of fiber and bringing Lightpath’s Phoenix footprint to 363 miles. The deal expands Lightpath’s presence in the Phoenix market as it builds a 230-mile network; WANRack is majority‑owned by CBRE Investment Management and is headquartered in the Kansas City metro area.

Shore Capital Partners has formed a partnership with TCG Services, an asset-light facility management provider headquartered in El Dorado, Kansas. Shore will support TCG with investments in team, technology and infrastructure and pursue organic growth and strategic add-on acquisitions to scale the business.

Fenceworks, a Gemspring Capital portfolio company, acquired Kansas Fencing, Inc., a Topeka-based commercial fence installer and rental provider. The add-on deal (terms undisclosed) expands Fenceworks' multi-state footprint and commercial and rental fencing capabilities in northeastern Kansas.

Trulite, a North American architectural glass and aluminum solutions provider backed by Truelink Capital, acquired Insulite Glass, a regional glass fabricator headquartered in Olathe, Kansas, effective January 31, 2025. The add-on purchase expands Trulite's geographic footprint and product offering in the Midwest while providing additional investment to grow Insulite's operations.

Brook + Whittle has acquired Stouse, a Kansas-based manufacturer and supplier of decals, labels and promotional printed items, and will bring Stouse into its Sprink division alongside Discount Labels. Stouse will continue to operate as an individual company while its production facility is integrated into Sprink's manufacturing network to improve speed, capacity and reliability and expand product offerings.

Micross Components, a portfolio company of Behrman Capital, has acquired Integra Technologies, a U.S.-based OSAT (outsourced semiconductor assembly and test) provider headquartered in Wichita, Kansas. The add-on expands Micross' U.S. assembly, packaging and test capabilities and broadens its presence in high-reliability end markets such as medical, aerospace/defense and automotive.

Yingling Aviation has acquired Global Engineering & Technology, Inc. (GETI), an aircraft interiors design, fabrication and refurbishment specialist based in Wichita, Kansas. The acquisition — supported by Yingling’s investor AE Industrial Partners — expands Yingling’s Wichita capacity and capabilities across aircraft interior services, adding GETI’s 60,000+ sq. ft. facility and extensive cabinetry, upholstery and seat refurbishment expertise.

Axius Water, a KKR/XPV-backed nutrient management platform, has acquired Aero-Mod, a Manhattan, Kansas-based supplier of packaged mechanical and biological wastewater treatment systems. The add-on expands Axius's capability in low- to medium-flow nutrient removal solutions, including Aero-Mod's patented Sequox process and over 500 installations experience.

RD Last Mile Holdings, LLC (doing business as ADL Final Mile) has acquired Henry Industries, Inc. (d/b/a Henry Freight Solutions), a final-mile and customized logistics provider operating across Illinois, Missouri, Kansas, Arkansas, Oklahoma and Texas. The deal — ADL Final Mile's fourth acquisition — is backed by equity partners including Red Dog Equity and Tom Pritzker's family interests (advised by The Pritzker Organization) with Monroe Capital providing financing, and is intended to densify ADL Final Mile's Midwest and South-Central U.S. footprint.

Align Capital Partners, a growth-oriented private equity firm, has acquired ISPN Network Services, a managed IT services provider serving broadband fiber and internet operators. ISPN founders Jeff Neblett and Scott Lauber will remain in leadership as the firm pursues expanded service lines and M&A to support growth in suburban and rural broadband markets.

Benford Capital Partners’ portfolio company Argus Monitoring Solutions has acquired Morgan Construction Services, a Kansas City–based provider of seismic and vibration monitoring services for the construction sector. The add-on strengthens Argus' Midwest footprint and service capabilities, with Morgan's employees retained and founder Rob Morgan remaining as a manager focused on regional expansion.

May River Capital, a Chicago-based private equity firm, has acquired Cashco, a designer and manufacturer of pressure management and flow control products headquartered in Ellsworth, Kansas. Cashco will serve as May River's inaugural investment in a new Flow Control Solutions platform, with May River planning significant investments to grow the business organically and through add-on M&A while retaining Cashco's existing leadership.

Sterling Investment Partners has acquired PROtect, a Wichita-based provider of safety, reliability, compliance and risk-management services, from Spire Capital Partners. PROtect, which employs over 550 people and offers NDT, mechanical integrity, pipeline integrity, environmental and compliance solutions (including proprietary software), will be a Sterling platform to drive further geographic and service expansion; financial terms were not disclosed.

Covisian Group has acquired Centrinex, a 600-employee contact center management company based in Lenexa, Kansas. The acquisition expands Covisian's U.S. footprint and brings Centrinex's agent base and contact-center capabilities into Covisian's GenAI-enabled Smile.CX CX platform.

Sentry Safety Solutions has acquired Tactical Safety Solutions, a provider of safety professionals, technical rescue teams, and first-response services, expanding Sentry’s rescue and training capabilities. The deal is backed by Mitchell Capital and Evolution Strategy Partners and positions Sentry to accelerate growth and expand services across construction, manufacturing, energy, and petrochemical end markets.

Preferred Physical Therapy (part of the Advanced and Preferred Physical Therapy family within Confluent Health) has acquired Elite Sports Medicine & Physical Therapy, a therapist‑owned outpatient clinic in Leawood, Kansas. The deal expands Preferred/Advanced Physical Therapy’s footprint in Kansas and Missouri and gives Elite access to Confluent Health’s management services and clinical resources.

Kava Equity Partners, the direct private equity arm of the Southern Ute Indian Tribe Growth Fund, has acquired Arrowhead Contracting, an environmental remediation and general contracting firm headquartered in Overland Park, Kansas. Arrowhead — founded in 1990 — will retain its existing management team and will leverage Kava and the Growth Fund's resources to expand its federal and commercial remediation and construction capabilities.

TPG Capital has made a substantial minority growth investment in Creative Planning, a leading independent wealth management firm, joining existing investor General Atlantic. Terms were not disclosed; Creative Planning CEO Peter Mallouk will remain in place and retain a majority stake. The capital will support continued expansion and enhancement of the firm's wealth-management and planning-led service offerings.

DC Capital Partners has made a control investment in PK Companies Group, LLC, with PK founders Brian and Kenny Turpin reinvesting equity. The partnership will fund PK's expansion across geographies, markets and capabilities, supporting investments in equipment, new facilities and growth of its tech-enabled inspection, maintenance and specialty services.

GarageCo, a Gridiron Capital-backed national garage door services platform, has acquired Cheney Door Company, a family-run garage door business with five locations across Kansas. The acquisition is GarageCo's sixth add-on and will allow the platform to expand its Midwest footprint while keeping Cheney's operations and team in place.

Yingling Aviation has acquired Bevan Aviation, a Wichita-based FAA Part 145 avionics and aircraft maintenance provider. The add-on deal — terms undisclosed — expands Yingling's avionics capabilities and capacity at Wichita's Dwight D. Eisenhower National Airport; Yingling is majority-backed by private equity firm AE Industrial Partners, which supported the platform expansion.

Vixxo Corporation acquired Cushman & Wakefield’s third‑party multi‑site vendor managed site maintenance business (CWFS), formerly Quality Solutions, Inc., based in Wichita, Kansas, adding about 280 employees. The add‑on expands Vixxo’s multi‑site facilities maintenance capabilities, program management expertise and presence across retail, convenience and healthcare end markets.

ShoreView (ShoreView Industries LLC / ShoreView Capital Partners IV) has made a platform investment in Go Local Interactive (Go Local, LLC), a digital marketing provider headquartered in Overland Park, Kansas. The partnership will support Go Local's growth and pursue add-on acquisitions to expand its capabilities serving self-storage, home services, multi-family, and senior living clients across the United States.

RFPIO (now operating as Responsive) acquired RFP360 in August 2021 to expand its response management product into a full RFP lifecycle and strategic sourcing offering. The deal broadens RFPIO's user base and capabilities in request management and was financed in part with participation from investor K1 Investment Management.

Princeton Medspa Partners (PMP), a PE-backed national medspa platform, has acquired Mirabile Beauty, Health & Wellness of Overland Park, Kansas. The deal is PMP’s eleventh clinic acquisition and its first following a $120 million growth financing led by BC Partners, aimed at expanding density within PMP’s footprint and entering new markets.

LNC Partners completed a strategic growth investment in Virtus LLC, a Top 100 insurance brokerage and risk management consulting platform headquartered in Overland Park, Kansas. The capital will support Virtus's organic growth and its "acquire-and-integrate" M&A strategy to expand the company's national footprint and vertical specializations.

4M Building Solutions has acquired SG360, a commercial cleaning and janitorial services provider based in Overland Park, Kansas. The deal — executed through 4M's PE-backed acquisition platform — adds roughly 1,200 team members, expands 4M's footprint into five new states and broadens its Midwest and Southeast operations.