Private Equity-Backed Acquisitions in Nebraska

Agellus Capital has acquired Omaha-based Crux Consulting, a fire and life safety design, engineering, and consulting firm, and will integrate it into its Bluejack Fire & Life Safety platform. The add-on expands Bluejack's engineering and code/regulatory capabilities for federal, commercial, energy and industrial clients and broadens the platform's technical services and geographic reach.

Truelink Capital has acquired SouthernCarlson, a leading U.S. distributor of fasteners, tools, packaging and construction supplies, from Kyocera Corporation. The transaction is supported by a senior secured credit facility co-led by Bain Capital Credit and Goldman Sachs Alternatives to finance Truelink's purchase; SouthernCarlson will operate as an independent, nationwide platform to pursue organic growth and strategic M&A.

Conscious Capital Growth, in partnership with Petra Capital Partners, has acquired RD Nutrition Consultants, a national provider of clinical dietitian consulting services across the United States. The new ownership will support RD Nutrition's organic growth, accelerate its telehealth and GLP-1-related offerings, and pursue selective add-on acquisitions while founder Robert DeLair remains CEO with a meaningful ownership stake.

GarageCo, a national garage door platform backed by Gridiron Capital, has acquired Omaha Door & Window, a long-established residential and commercial garage door and window dealer based in Omaha, Nebraska. The deal is an add-on to GarageCo's platform and will allow Omaha Door & Window to retain its local brand while gaining access to GarageCo's marketing, technology and operational resources.

SRM Equity Partners has made a strategic investment in Stone Enterprises, a precision manufacturer of aftermarket parts and equipment for the food processing industry, with founder Tracy Stone retaining a meaningful equity stake and remaining as CEO. The partnership will provide operational resources and capital to scale the business, expand solutions, invest in technology, and pursue strategic acquisitions across North America.

AIR Control Concepts, a Norfolk, Virginia–headquartered commercial HVAC platform, has acquired Force Equipment HVAC, a nine-year-old commercial HVAC manufacturers' representative based in Elkhorn, Nebraska. The add-on expands AIR's Midwest footprint—bringing additional sales, service and parts support to Nebraska customers while providing Force's team access to AIR's broader resources and network.

Main Street Capital Corporation fully exited its debt investments and partially exited its equity stake in Nebraska Vet AcquireCo, LLC (d/b/a Heritage Vet Partners) after a majority recapitalization led by a new, unnamed financial sponsor. Main Street realized a $55.5 million gain and received a minority equity position in the acquirer; Heritage, headquartered in West Point, Nebraska, is a national provider of rural, mixed- and large-animal veterinary services and products.

Turning Rock Partners, a New York-based private investment firm, has provided $30 million in secured expansion financing to SilverLeaf Wealth Management, an independent wealth advisory firm headquartered in Omaha, Nebraska. The capital will support SilverLeaf's growth plan — including its acquisition strategy — and help the firm expand services to a broader client base.

AmeriPro Health, an Atlanta-based patient logistics and medical transportation platform, has acquired Priority Medical Transport, an emergency medical services provider based in North Platte, Nebraska. The acquisition expands AmeriPro's 911, interfacility and critical care transport services in Nebraska and strengthens its Midwest presence.

Arcus Healthcare Partners has acquired Kinship Pointe Northridge, an independent and assisted living community in Kearney, Nebraska. Omega Senior Living will provide third-party management services for the community as Arcus assumes ownership to expand its senior housing portfolio.

Rensa Filtration has acquired The Filter Shop, a regional air-filter distributor and service provider with distribution centers and service teams in Omaha, Nebraska and Des Moines, Iowa. The deal (Rensa is Audax-backed) expands Rensa's regional footprint and service capabilities across education, healthcare, food manufacturing and data center end markets and gives The Filter Shop access to Rensa's manufacturing and R&D resources.

NativeSeed Group, the seed and erosion-control platform backed by Heartwood Partners, has acquired Arrow Seed, a fourth-generation family-owned seed conditioner and supplier based in Broken Bow, Nebraska. The add-on expands NativeSeed's Midwestern footprint and broadens its product portfolio with additional warm-season and conservation seed varieties.

Stellex Capital Management, a New York-based private equity firm, has acquired The James Skinner Baking Company (J. Skinner), a leading in-store bakery (ISB) and co-packing baked-goods provider headquartered in Omaha, Nebraska. Stellex said the partnership will fund investments in production capacity expansion, increased automation and new product development to support J. Skinner's growth.

Axcel Learning, a professional education platform backed by Alpine Investors, has entered a partnership to acquire KMK Optometry, a provider of optometry board exam preparation and coaching. The deal (terms undisclosed) brings KMK into Axcel's portfolio as the platform expands into healthcare education and plans to scale KMK's test-prep and coaching offerings.

An affiliate of Antarctica Capital has completed the acquisition of Midwest Holding Inc. (NASDAQ: MDWT), a technology-driven life and annuity platform headquartered in Lincoln, Nebraska. Midwest shareholders received $27.00 per share in cash, Midwest was delisted from Nasdaq, and Antarctica says Midwest will become a key component of its retirement services business while retaining current leadership and operations.

Funds managed by Harvest Partners have completed the acquisition of Road Safety Services, Inc. from Parallel49 Equity. Headquartered in Omaha, Nebraska, Road Safety Services provides pavement marking and road-safety services across 15 states from nine facilities; the company's management team, led by CEO Mike Johnson, will remain significant owners and continue to lead the business. Transaction terms were not disclosed.

Omaha Steaks announced that Omaha-based private equity firm McCarthy Capital has made an investment in the business and that Nate Rempe has been promoted to President and Chief Executive Officer. The Simon family remains involved as owners and chairman, and McCarthy Capital said the partnership will support accelerated growth and capacity investments while preserving management control.

FreshEdge, a Wind Point Partners–backed super-regional fresh food distributor, acquired Greenberg Fruit Company, a specialty produce distributor headquartered in Omaha, Nebraska. The deal expands FreshEdge's Midwest footprint westward, strengthening its supply chain and fresh-cut processing capabilities to better serve foodservice and retail customers in Nebraska and western Iowa.

Atlantic Street Capital (ASC) has acquired Brown's Medical Imaging, an Omaha-based provider of medical imaging equipment, service, maintenance and support. ASC plans to combine Brown's with its existing platform Prestige Medical Imaging to create the No. 2 independent provider of medical imaging services nationally and will pursue geographic expansion and select add-on acquisitions.

InTandem Capital Partners completed a strategic equity investment to acquire OrthoNebraska, a regional provider of orthopedic and musculoskeletal care headquartered in Omaha, Nebraska. Audax Private Debt provided a unitranche credit facility to support the transaction; InTandem intends to accelerate OrthoNebraska's growth by expanding clinical capabilities and geographic reach.

Minneapolis-based private equity firm ShoreView has acquired Garner Industries, a Lincoln, Nebraska-based manufacturer of level measurement sensors that markets under the BinMaster brand. The deal provides an exit for majority owner Phil Mullin and establishes Garner as a platform for ShoreView's test-and-measurement investment strategy, with plans to pursue add-on acquisitions and new product development.

Rev.io, a Primus Capital-backed billing and customer management software provider, has acquired Tigerpaw, a long-running provider of professional services automation and business management software for MSPs and technology service providers. The acquisition expands Rev.io's capabilities in PSA, field/service automation and recurring billing for managed services and communications providers; AGC Partners advised Tigerpaw on the deal.

RelaDyne, the nation's largest lubricant distributor, has acquired Allied Oil, a Midwest leader in lubricant and diesel exhaust fluid (DEF) solutions and industrial reliability services based in Omaha, Nebraska. The acquisition expands RelaDyne's geographic presence and route density in the Upper Midwest, while providing Allied Oil access to RelaDyne's resources, product breadth, and technology.

Pye-Barker Fire & Safety has acquired Bamford, Inc., a full-service fire sprinkler company headquartered in Kearney, Nebraska, marking Pye-Barker's entry into its 36th U.S. state. The family-owned Bamford team will continue to serve customers locally as Pye-Barker expands its national footprint of fire protection, life safety and security services.

Milan Laser Hair Removal received strategic growth equity investments from Sixth Street and Wildcat Capital Management, with existing investor Leonard Green & Partners and the company co-founders retaining a majority stake. The capital will be used to accelerate clinic expansion, marketing, and business development as Milan Laser — the largest U.S. laser hair removal provider with ~250–260 clinics and ~1,700 employees — scales its footprint and offerings.

Chicago-based private equity firm Monroe Street Partners has completed the acquisition of Vigilnet America LLC, an Omaha-headquartered provider of electronic offender monitoring services. The acquisition will support Vigilnet's growth initiatives and Monroe Street's plans to build a portfolio in business services and accelerate strategic add-on acquisitions.

Highstreet Insurance Partners (HSIP) partnered with Kearney, Nebraska-based Barney Insurance Group, adding Barney's ~25 employees and locations in Lexington and Lincoln to HSIP's Nebraska footprint. The transaction is an add-on to HSIP's national insurance agency platform as it continues roll-up activity across the U.S.

Velocity Clinical Research, a GHO-backed integrated research site organization, has acquired Meridian Clinical Research for an undisclosed amount. The deal creates the largest dedicated clinical research site organization globally (about 80 sites), expands Velocity's U.S. footprint to 25 states and adds Meridian's network of 35+ sites and experienced investigators and staff.

SNH Capital Partners has made a strategic growth investment in Five Nines, a Midwest-focused managed IT services provider. The partnership will provide Five Nines with capital and operational resources to scale its managed IT, cybersecurity, and compliance offerings and expand further into regulated end markets such as healthcare.

H.I.G. Capital (through an affiliate) completed the acquisition of Celerion Holdings, Inc., a global clinical research organization headquartered in Lincoln, Nebraska. Celerion provides end-to-end early-stage clinical trial and bioanalytical services to pharmaceutical and biotechnology clients; H.I.G. said the investment expands its pharma services platform and supports Celerion's growth plans.

Aurora Capital Partners has acquired Universal Pure Holdings, LLC, the largest independent provider of high-pressure processing (HPP) and cold-chain food safety services in North America, from Tilia Holdings. Universal Pure, headquartered in Lincoln, Nebraska, operates ~20 HPP machines across eight U.S. facilities (1.1 million sq. ft.) and ~800 employees; terms were not disclosed.

DirectMed Parts & Service, a portfolio company of NMS Capital, has acquired ScanMed LLC, an Omaha-based designer, manufacturer and repairer of OEM-certified MRI coils. The add-on deal expands DirectMed's MRI coil manufacturing and repair capabilities and supports ScanMed's planned expansion into Europe via DirectMed's Danish subsidiary LBN Medical.

One Equity Partners (OEP) has completed the acquisition of Prime Time Healthcare, a Nebraska-based healthcare staffing provider specializing in travel nursing and placement services for RNs, LPNs, CNAs and allied clinicians across the U.S. Financial terms were not disclosed; OEP said it will support Prime Time's growth through complementary acquisitions and expanded service offerings. Coker Capital served as exclusive financial advisor to Prime Time Healthcare.

BlackRock Long Term Private Capital (LTPC) has entered into a definitive agreement to acquire a majority interest in Paradigm Oral Health from shareholders including InTandem Capital Partners. The investment will partner with Paradigm's executive team, led by founder and CEO Dr. David Rallis, to support platform expansion, technology adoption and continued growth of the company's oral surgery and digital dentistry platform.

Health Technologies Inc. (Dining RD) has acquired Columbus, Nebraska-based EZ Nutrition Consulting, PC, a provider of registered dietitian and dietary manager consulting to senior living communities and critical access hospitals. The acquisition will expand Dining RD's Registered Dietitian consulting services and allow integration of EZ Nutrition's clients with Dining RD's menu and software programs; Dining RD is PE-backed by Evolution Capital Partners.

Ambassador Supply, an investment and holding company focused on building-industry roll-ups, has acquired Astro Buildings, a post-frame builder based in Mead, Nebraska. The deal is an add-on to Ambassador's existing portfolio and is intended to expand geographic coverage and create operational synergies in the Iowa–Nebraska agricultural market.

Summit Fire Protection, a subsidiary of SFP Holding, Inc. (Summit Companies), has acquired General Fire & Safety Equipment Company of Lincoln, Nebraska, effective July 12, 2022. The acquisition expands Summit's presence in Nebraska and adds local fire alarm, suppression, kitchen suppression and extinguisher installation, service and maintenance capabilities to its branch network.

Southfield Capital has entered a strategic partnership with Franchise FastLane, an Omaha-based franchise sales organization, providing private equity capital to support the company's growth while founders Carey Gille and Ryan Zink remain involved (Gille as CEO, Zink as board advisor). The investment will fund expansion of FastLane's core franchise sales offering and new services for franchisors; Twin Brook Capital Partners provided debt financing and Boxwood Partners acted as exclusive financial advisor to Franchise FastLane.

Alpine Air Express, a portfolio company of AE Industrial Partners, has acquired Suburban Air Freight, a Part-135 regional air cargo carrier headquartered in Omaha, Nebraska. The add-on expands Alpine’s regional fleet and capabilities and strengthens its contract relationships with parcel and postal customers such as DHL.

Spire Capital Partners completed a controlling platform investment in PenLink, a Lincoln, Nebraska-based provider of communications surveillance and investigative software for federal, state and local law enforcement. Spire will partner with PenLink's management to accelerate growth, expand product capabilities and further penetrate the U.S. government marketplace; Madison Capital Funding provided senior debt financing.

ToolWatch has acquired Safety-Reports.com, Inc. (Safety Reports), a provider of mobile safety and compliance management SaaS for construction, manufacturing and related industries. The acquisition is an add-on to ToolWatch's platform and is backed by majority investor The Riverside Company to expand ToolWatch's operations-management offering with safety and compliance capabilities and create cross-sell opportunities.

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services based in Omaha, Nebraska. The deal expands American Equipment's geographic footprint into the Midwest and strengthens its quoting, engineering, parts and field service capabilities as an add-on to its consolidating platform.

Market Maker Agriculture has made a majority investment in Dehy Alfalfa Mills, an Arlington, Nebraska-based supplier of dehydrated alfalfa and forage ingredients to the pet and animal nutrition sectors. J.P. Rhea will remain president with the existing management team, and Kirchner Group acted as M&A advisor to the selling Rhea family.

Harbour Point Capital completed a recapitalization investment in Midwest Medical Transport (MMT), partnering with healthcare veteran Kevin Ketzel. Prior investors Panorama Point Partners, Dixon Midland Company and ORIX Private Equity Solutions sold their interests; the transaction will provide capital and strategic support to accelerate MMT's geographic expansion and growth across health systems.

LLR Partners has completed a growth investment in Quantum Workplace, an Omaha-based employee engagement and performance SaaS provider, as McCarthy Capital sold its interest. The investment is intended to support continued product and commercial expansion of Quantum Workplace’s HR technology platform.

LLR Partners made a growth equity investment in Quantum Workplace to accelerate the employee experience platform’s product development, data science capabilities, and sales and marketing efforts while enabling strategic M&A. The capital will support expansion of Quantum Workplace’s SaaS platform and exploration of acquisition opportunities to scale its employee engagement and people analytics solutions.

Inflow, a Portland-based contact center consulting and managed services provider (and portfolio company of Renovus Capital Partners), has acquired Omaha-based EPIC Connections. The acquisition expands Inflow's consulting, outsourcing and professional services capabilities for contact center operations and customer experience technology implementations.

Great Plains Communications (GPC), a Midwestern fiber operator backed by Grain Management, completed the acquisition of the 10.6-mile Wood River Network from Fiber Nebraska, LLC. The purchase extends GPC's fiber footprint into Wood River, Nebraska, enabling fiber-to-the-home and business services for roughly 500 homes and 60 businesses; financial terms were not disclosed.

Los Angeles-based private equity firm LightBay Capital made a growth investment in Burton (Burton Plumbing Services, LLC), a Omaha-headquartered provider of residential and commercial HVAC, plumbing, and electrical services. The investment will support Burton's organic growth and continued add-on acquisition strategy; ShoreView, the prior sponsor, exited its investment as part of the transaction.

Manna Pro Products, a St. Louis-based manufacturer of pet care and nutrition products (owned by funds managed by Carlyle), has acquired Oxbow Animal Health, a 30-year-old small-animal wellness brand known for premium hay, foods, supplements and supplies. Cascadia Capital served as exclusive financial advisor to Oxbow; the acquisition expands Manna Pro's portfolio into the small-pet category and strengthens its offerings across companion animal segments.