Private Equity-Backed Acquisitions in North Carolina

Tracked deals

690

690 tracked deals across 2002-2026.

Buyer mix

Mixed buyer set

670 pe · 374 strategic

Top trend

Volume peaked in 2021

111 tracked deals announced in 2021.

Buyer Snapshot

Top Buyers

Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.

Find buyers active in North Carolina →
Buyer # Deals Focus Type
NMS Capital 8 Private investment firm focusing on strategic equity inve... PE
GTCR 6 Chicago-based private equity firm focused on building mar... PE
Genstar Capital 6 Private equity firm focused on investments in healthcare,... PE
H.I.G. Capital 6 Global alternative investment firm providing equity and d... PE
TA Associates 5 Global private equity firm focused on scaling growth in p... PE
Wind Point Partners 5 Middle-market private equity firm focused on buyouts and ... PE
Allied Industrial Partners 4 Lower-middle market private equity firm investing in indu... PE
Capitala Group 4 Private markets investment firm providing private credit ... PE
Carousel Capital 4 Private equity investment firm focused on investing in gr... PE
Cinven 4 International private equity firm focused on building glo... PE

Acquisition Volume in Private Equity-Backed in North Carolina by Year

Last 10 years

Acquisition volume by year Annual acquisition counts for the last 10 years for Private Equity-Backed Acquisitions in North Carolina. 1 2017 6 2018 57 2019 75 2020 111 2021 107 2022 83 2023 90 2024 110 2025 ~79 est. 41 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Altaris, LLC (affiliates)
    Target
    Simulations Plus, Inc., Chemical Computing Group (CCG)
    Type
    Buyout

    Simulations Plus, Inc. has entered into a definitive agreement to be acquired by affiliates of Altaris in an all-cash transaction valued at approximately $375 million. The deal is expected to combine Simulations Plus with Altaris portfolio company Chemical Computing Group (CCG) and is currently expected to close in Q4 2026, subject to customary approvals.

  • Buyer
    Liberty Waste Solutions
    Target
    Bill's Trash Services
    Type
    Addon

    Liberty Waste Solutions, backed by Allied Industrial Partners, acquired Bill's Trash Services, a residential waste collector serving the greater Fayetteville market and Harnett County, North Carolina. The deal expands Liberty’s residential route density in Harnett County and extends its reach into the surrounding Fayetteville area; financial terms were not disclosed.

  • Buyer
    Liberty Waste Solutions, Allied Industrial Partners
    Target
    M&M Garbage Disposal
    Type
    Addon

    Liberty Waste Solutions, backed by Allied Industrial Partners, acquired M&M Garbage Disposal, a subscription-based residential waste collector serving the greater Greensboro and Triad market. The deal expands Liberty’s residential route density in North Carolina and leverages overlap with Liberty’s existing Triad footprint.

  • Buyer
    Soleo Health
    Target
    Realo Specialty Care Pharmacy, BluHaven Management
    Seller
    Realo Drugs
    Type
    Buyout

    Soleo Health acquired Realo Specialty Care Pharmacy and BluHaven Management from parent company Realo Drugs. The deal expands Soleo Health’s presence in the Mid-Atlantic region, adding a specialty pharmacy in Morrisville, North Carolina and an ambulatory infusion center in Raleigh, North Carolina.

  • Buyer
    Talica
    Target
    Sieber Industrial
    Type
    Addon

    Talica announced the acquisition of Sieber Industrial, an Ayden, North Carolina provider of specialty high-purity fabrication, ASME code repairs, surface treatments, and field services for regulated markets. Sieber will continue to operate under its established name and leadership while gaining access to Talica’s platform resources to expand high-purity fabrication and support capabilities, including data center cooling system-related work.

  • Buyer
    Osaic, Inc., Reverence Capital Partners
    Target
    Du Lac Wealth Services
    Seller
    LPL Financial
    Type
    Addon

    Osaic, a wealth management platform backed by Reverence Capital Partners, announced that Du Lac Wealth Services has joined the firm after transitioning from LPL Financial. The Cary, North Carolina-based advisory team brings approximately $200 million in client assets and will continue serving clients under Osaic’s resources and acquisition-focused platform.

  • Buyer
    Party Reflections
    Target
    Creative Solutions Special Events
    Industry
    Transportation
    Type
    Addon

    Dynamic Core Capital Partners’ portfolio company, Party Reflections, completed the acquisition of Creative Solutions Special Events, a full-service event rental company headquartered in Belmont, North Carolina. The deal is Party Reflections’ first add-on transaction and expands its footprint in the greater Charlotte market and across the Carolinas and Southeast.

  • Buyer
    JoyBridge Kids
    Target
    Two North Carolina autism clinics formerly operated by A Bridge To Achievement (Charlotte and Winston-Salem locations), A Bridge To Achievement
    Seller
    A Bridge To Achievement
    Type
    Addon

    JoyBridge Kids acquired two large autism clinics formerly operated by A Bridge to Achievement in Charlotte and Winston-Salem, North Carolina. The acquisitions support JoyBridge’s first adult service line, launching an Adult Daily Living (ADL) program within the acquired clinic sites. Deal terms were not disclosed, and the companies have not issued a joint press release as of publication.

  • Buyer
    Liberty Waste Solutions, Allied Industrial Partners
    Target
    Randolph County Garbage Services
    Type
    Addon

    Liberty Waste Solutions, backed by Allied Industrial Partners, acquired Randolph County Garbage Services, a residential subscription waste collection operation in Asheboro, North Carolina. The acquisition expands Liberty’s presence in the North Carolina Piedmont Triad/Greensboro region and builds on its prior AJ Disposal acquisition, increasing residential route density.

  • Buyer
    KKR, Neuberger Private Markets
    Target
    Flow Control Group
    Type
    Addon

    Flow Control Group, a technical flow control and industrial automation distributor, will be jointly acquired by KKR and Neuberger Private Markets. KKR will retain majority ownership while Neuberger will hold a significant minority interest, and the transaction is expected to close in Q2 2026.

  • Buyer
    Founders Home Service Group
    Target
    AAA City Plumbing, Inc.
    Seller
    Dean Inkelaar
    Type
    Buyout

    AAA City Plumbing, a long-established plumbing company serving Rock Hill, South Carolina and the Charlotte, North Carolina area, has been acquired by Founders Home Service Group. The deal, facilitated by Viking Mergers & Acquisitions, supports continuity for employees and customers while enabling Founders to grow its home-services portfolio.

  • Buyer
    Falfurrias Management Partners
    Target
    Young American Food Brands
    Seller
    Young family
    Industry
    Food & Beverage
    Type
    Buyout

    Falfurrias Management Partners acquired Young American Food Brands (formerly known as Miami Beef) in a deal announced in April/May 2026 with terms undisclosed. Young American is a family-founded packaged foods/protein platform with multiple brands and distribution across more than 3,200 retail doors in the Southeast, and it will expand further into premium protein offerings such as organic, grass-fed, and Wagyu beef.

  • Buyer
    Fusion Capital Partners
    Target
    AQUALIS
    Seller
    DFW Capital Partners, DFW Capital Partners, LLC
    Type
    Buyout

    Fusion Capital Partners has acquired AQUALIS, a Morrisville, North Carolina provider of sustainable water management, engineering, and compliance services, from DFW Capital Partners. Financial terms were not disclosed. AQUALIS will continue operating from its Morrisville headquarters under its existing management team led by CEO Richard Matero.

  • Buyer
    Hg, AllianceBernstein
    Target
    Teamworks

    Teamworks, the operating system for elite sports, announced a growth investment led by Hg that more than doubles Hg’s total investment in the company to $200 million. The round, which also includes participation from AllianceBernstein, pushes Teamworks’ valuation to above $1.5 billion and is aimed at accelerating AI and data infrastructure and further sports-tech acquisitions.

  • Buyer
    Vortex Companies
    Target
    Mainlining America LLC
    Seller
    Emil Solimine (former Owner and CEO of Mainlining America LLC)
    Type
    Buyout

    Vortex Companies acquired Mainlining America LLC, a provider of water-main rehabilitation and replacement services. The deal expands Vortex Water’s East Coast operational capacity and strengthens its ability to deliver turnkey, end-to-end potable water solutions across the United States.

  • Buyer
    Bound for Adventure, Station Partners
    Target
    Hawksnest Outdoor Destination, Hawksnest Adventures
    Industry
    Transportation
    Type
    Addon

    Bound for Adventure, backed by Station Partners, has completed the acquisition of Hawksnest, a year-round outdoor adventure destination in the Blue Ridge Mountains of Seven Devils, North Carolina. Hawksnest is known for zip line courses and snow tubing, and the deal expands Bound for Adventure’s East Coast adventure portfolio with an additional year-round attraction.

  • Buyer
    BridgePeak Energy Capital
    Target
    ACT Power Services
    Industry
    Energy
    Type
    Buyout

    ACT Power Services, a solar and battery energy storage operations and maintenance (O&M) provider, was acquired by a group of strategic investors led by BridgePeak Energy Capital. The transaction was completed via a Chapter 11 bankruptcy acquisition, with closing finalized on January 31, 2026 following a Chapter 11 auction and U.S. Bankruptcy Court approval.

  • Buyer
    Crux Capital
    Target
    Ivybrook Academy
    Seller
    Jennifer McWilliams, Drew McWilliams

    Crux Capital invested in Ivybrook Academy, a franchised half-day preschool operator, recapitalizing the early childhood education platform to support its next phase of national expansion. The founders, Jennifer and Drew McWilliams, will retain meaningful ownership and continue to lead alongside the existing management team.

  • Buyer
    Salem One
    Target
    SmashBrand
    Type
    Buyout

    Salem One, a portfolio company of Granite Creek Capital Partners, announced it has acquired SmashBrand, a fully integrated brand development agency focused on consumer-packaged goods (CPG). SmashBrand will continue operating under its own brand, leadership team, and proprietary methodology while Salem One brings complementary marketing execution capabilities.

  • Buyer
    Border Concepts, LLC, Monument MicroCap Partners, LLC
    Target
    EarthWay Products, LLC, EarthWay Products, Inc.
    Seller
    Tim Hildebrand (Chair of EarthWay; CEO of Monument)
    Industry
    Manufacturing
    Type
    Buyout

    Border Concepts (BCI) acquired EarthWay Products, adding the EarthWay brand and product line to its lawn and garden portfolio. The deal expands EarthWay’s reach via Border Concepts’ national distribution footprint and strengthens Border Concepts’ capabilities in lawn and garden injection molded products.

  • Buyer
    Miller Environmental Group, Coalesce Capital
    Target
    Haz-Mat Environmental Services, Canco
    Type
    Buyout

    Miller Environmental Group, a Coalesce Capital portfolio company, completed the acquisition of Haz-Mat Environmental Services and Canco. The deal expands Miller’s vertically integrated industrial and waste services platform by adding geographic density and complementary capabilities across key U.S. Southeast markets.

  • Buyer
    ramarketing
    Target
    ISR
    Type
    Addon

    NorthEdge-backed ramarketing completed the acquisition of ISR, a specialist pharmaceutical market research agency based in North Carolina. The deal combines ISR’s in-depth research capabilities with ramarketing’s commercial strategy, marketing, communications and creative services to strengthen ramarketing’s US and global life sciences offering.

  • Buyer
    Falfurrias Management Partners, Leonard Green & Partners' Sage Fund
    Target
    Crosslake
    Industry
    IT Services

    Crosslake (a data-driven technology advisory firm) completed a single-asset continuation vehicle initiated by its sponsor, Falfurrias Management Partners, and led by Leonard Green & Partners’ Sage Fund. The structure provides liquidity to certain existing investors while Crosslake’s management team continues executing its growth strategy with additional capital to support future acquisitions and platform investment.

  • Buyer
    Rhino Tool House
    Target
    Ergonomic Solutions, Inc., Teknikor
    Type
    Addon

    Rhino Tool House completed the acquisition of Ergonomic Solutions, Inc. (ESI) and Teknikor to expand its material handling and automation services capabilities. The deal adds ESI’s overhead crane/conveyor and custom material handling expertise and Teknikor’s automated systems controls and installation services, extending Rhino Tool House’s reach across the Midwest and Northeast.

  • Buyer
    Banyan Software
    Target
    Launch Labs
    Industry
    Cloud & SaaS
    Type
    Buyout

    Banyan Software acquired Launch Labs, a North Carolina-based marketing technology and data solutions provider specializing in identity resolution, audience activation, and marketing attribution. Launch Labs will continue operating independently from its headquarters in Chapel Hill, with its existing leadership team in place.

  • Buyer
    Gemspring Capital Management, LP (affiliate)
    Target
    Aeromed Group LLC, HITEK Electronic Materials Ltd., NorcaTec LLC, Kit Pack Company, Inc.

    Gemspring Capital Management, through an affiliate, made a strategic minority investment in Aeromed Group LLC. The new capital supports Aeromed’s recent acquisitions of HITEK Electronic Materials Ltd., NorcaTec LLC, and Kit Pack Company, Inc., strengthening technical capabilities and expanding Aeromed’s global supply chain footprint.

  • Buyer
    Argus Monitoring Solutions Holdings, LLC
    Target
    Civionic Engineering 26 Consulting, Inc., Piedmont Geologic, P.C.
    Industry
    IT Services
    Type
    Addon

    Benford Capital Partners’ portfolio company Argus Monitoring Solutions Holdings, LLC acquired Civionic Engineering 26 Consulting, Inc. and Piedmont Geologic, P.C. The deals expand Argus’ structural health monitoring and environmental/geotechnical capabilities and broaden its footprint across the United States and Canada.

  • Buyer
    FairWave Specialty Coffee Collective
    Target
    Joe Van Gogh
    Seller
    Robbie Roberts (founder)
    Type
    Buyout

    FairWave Specialty Coffee Collective, a Kansas City venture capital-backed specialty coffee conglomerate, acquired Joe Van Gogh, a North Carolina specialty coffee company with multiple locations in the Durham and Chapel Hill area. Founder Robbie Roberts said he will remain with Joe Van Gogh for the foreseeable future as the brand joins FairWave’s growing midwest and mid-Atlantic portfolio.

  • Buyer
    Liberty Waste Solutions, Allied Industrial Partners
    Target
    AJ Disposal
    Type
    Addon

    Liberty Waste Solutions, a North Carolina waste and recycling provider backed by Allied Industrial Partners, has acquired AJ Disposal, a residential and commercial front-load operator based in Asheboro, North Carolina. The add-on expands Liberty's footprint in the Asheboro and greater Greensboro markets; financial terms were not disclosed.

  • Buyer
    Columbus McKinnon Corporation, CD&R (CD&R funds managed by CD&R XII Keystone Holdings, L.P.)
    Target
    Kito Crosby Limited
    Seller
    KKR (funds managed by KKR)
    Type
    Buyout

    Columbus McKinnon Corporation has completed its acquisition of Kito Crosby Limited in an all-cash transaction. The combined company expects to scale lifting solutions globally and deliver $70 million of expected net annual run-rate cost synergies, with potential revenue synergy upside.

  • Buyer
    Artisan Custom Closets, Artisan Family of Brands
    Target
    Queen City Closets
    Type
    Addon

    Artisan Custom Closets, part of the Artisan Family of Brands, has acquired Queen City Closets, a Charlotte-based provider of custom storage systems. The deal gives Artisan an entry into the Charlotte market and expands the platform's footprint and operational capabilities across the Southeast.

  • Buyer
    SilverAssist, Growth Catalyst Partners, Stellus Capital Management, LLC
    Target
    Caring, LLC (Caring.com)
    Type
    Addon

    SilverAssist, a senior assistance network backed by Growth Catalyst Partners, has acquired Caring, LLC (Caring.com) to expand its national senior housing referral and advisory platform. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction, which joins Caring.com's digital reach with SilverAssist's local advisor network and financial-navigation services to accelerate operator connectivity and improve referral quality.

  • Buyer
    Virtual Technologies Group (VTG)
    Target
    Whitlock Infrastructure Solutions
    Industry
    IT Services
    Type
    Buyout

    Virtual Technologies Group (VTG), backed by Jacmel Partners, has acquired Whitlock Infrastructure Solutions, a software reseller and IT services firm focused on IT operations management. The deal expands VTG’s commercial enterprise service capabilities and strengthens its federal government services expertise, combining VTG’s managed IT infrastructure and cybersecurity with Whitlock’s ValueFirst/FirstCall/TotalCare offerings and software provider relationships.

  • Buyer
    Crestview Partners, AltitudeX Aviation Group, Members of Tailwind's existing management team
    Target
    Tailwind Hospitality, Inc.
    Seller
    Palladin Consumer Retail Partners
    Type
    Buyout

    Crestview Partners has acquired Tailwind Hospitality, an airport concessions operator, from Palladin Consumer Retail Partners. Crestview is investing alongside AltitudeX Aviation Group and members of Tailwind’s management; Tailwind will remain led by CEO Jeff Switzer and will pursue further organic and acquisition-driven expansion across U.S. airports.

  • Buyer
    Nexterra Environmental, Goldner Hawn
    Target
    GETSCO, Inc.
    Type
    Addon

    Nexterra Environmental has acquired GETSCO, Inc., a Middlesex, North Carolina-based provider of erosion and sediment control products and services. GETSCO will continue to operate under its existing name while gaining access to Nexterra's broader product depth, technical resources and national platform as part of Nexterra's multi-regional expansion strategy.

  • Buyer
    Argano
    Target
    Advantco International
    Seller
    Montage Partners
    Industry
    Software
    Type
    Buyout

    Argano has acquired Advantco International, a provider of enterprise integration software and services, from Montage Partners. The acquisition (closed December 2025) expands Argano's Data & Integration practice and AI-driven integration capabilities by adding Advantco's SAP/Oracle adapters and integration IP.

  • Buyer
    Atlantis Fire Protection
    Target
    Armor Fire Services
    Type
    Addon

    Atlantis Fire Protection, a PE-backed fire protection platform, acquired Armor Fire Services of Mount Holly, North Carolina and will retain the Armor brand with founder Mike Jaggers and Kimberly Jaggers continuing to operate the business. The deal expands Atlantis Fire Protection’s fire and life-safety services footprint in North Carolina and strengthens its roster of regional owner-operators supported by financial backers Lynch Holdings and Capital Alignment Partners.

  • Buyer
    Broadtree Partners
    Target
    ACME Plumbing Company
    Seller
    Larry Tilley (Tilley family)
    Type
    Buyout

    Broadtree Partners, a Charlotte-based private equity firm, has acquired ACME Plumbing Company, a fourth-generation commercial and residential plumbing services business headquartered in Durham, North Carolina. ACME will serve as Broadtree's platform for its mechanical, electrical, and plumbing (MEP) services strategy while founder Larry Tilley stays on in an advisory capacity.

  • Buyer
    Sigma Companies International Corp., Wind Point Partners
    Target
    Masonry Supply, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Sigma Companies International Corp. (SIGMA), a Wind Point Partners portfolio company, has acquired Masonry Supply, Inc. (MSI), a Selma, North Carolina-based manufacturer of municipal waterworks castings and polymer enclosures. The deal expands SIGMA’s waterworks product portfolio and Southeast U.S. fulfillment capabilities, with MSI leadership (Jacob Nash) remaining in commercial leadership.

  • Buyer
    TPG Real Estate (TPG)
    Target
    Quarterra
    Seller
    Lennar Corporation
    Industry
    Real Estate

    TPG Real Estate has acquired a majority interest in Quarterra, recapitalizing the multifamily platform while Lennar Corporation retains a minority stake and will continue to provide synergies. The partnership includes a $1 billion strategic commitment from TPG to support Quarterra’s growth and the development of its pipeline of attainable multifamily rental housing across the United States.

  • Buyer
    Audax Strategic Capital, Golub Capital
    Target
    Strickland Brothers
    Industry
    Automotive

    Audax Strategic Capital made a structured, non-control equity investment in Strickland Brothers, the Princeton Equity Group-backed quick-lube and automotive maintenance platform, to fund M&A activity and support national expansion. The financing (part of a broader $360 million committed financing led by Golub Capital) closed in early January 2026; financial terms were not disclosed.

  • Buyer
    TPG, Caisse de de9pf4t et placement du Que9bec (La Caisse), Pike management
    Target
    Pike Corporation
    Seller
    Lindsay Goldberg
    Industry
    Infrastructure

    Lindsay Goldberg has completed the sale of its interest in Pike Corporation following a 25-year partnership. The transaction transfers a majority stake to TPG and Caisse de dépôt et placement du Québec (La Caisse), alongside Pike management, positioning Pike for accelerated growth in U.S. electric-grid, renewables and telecom infrastructure services.

  • Buyer
    Parella Motorsports Holdings (SpeedTour), Velocity Capital Management, Texas Permanent School Fund Corporation
    Target
    Racing America
    Seller
    Race Team Alliance member teams
    Type
    Addon

    Parella Motorsports Holdings (the owner/operator of SpeedTour) has acquired Racing America, a digital-first motorsports media and streaming platform. The deal, completed under the ownership of Velocity Capital Management (with support from the Texas Permanent School Fund), combines live-event promotion with Racing America's digital production and streaming capabilities to create an integrated grassroots motorsports media and events platform headquartered in North Carolina.

  • Buyer
    Kingswood Capital Management, LP
    Target
    Daramic, LLC
    Seller
    Asahi Kasei
    Type
    Buyout

    Kingswood Capital Management acquired Daramic, a global manufacturer and supplier of polyethylene and phenolic resin-based battery separators used in lead-acid batteries, from Asahi Kasei. Platinum Equity and Ares Commercial Finance provided financing to support the acquisition.

  • Buyer
    Torque Capital Group
    Target
    Joe Gibbs Manufacturing Solutions (rebranded as JGA Space & Defense)
    Seller
    Joe Gibbs Racing
    Type
    Buyout

    Torque Capital Group has acquired Joe Gibbs Manufacturing Solutions from Joe Gibbs Racing and rebranded the business as JGA Space & Defense. The company will focus on supplying advanced specialty composites, precision-machined aerospace and defense components, and rocket propulsion assemblies, and will expand into a ~60,000 sq. ft. facility in Huntersville, North Carolina to support growth into the space and defense supply chain.

  • Buyer
    Patient Square Capital
    Target
    Premier, Inc.
    Type
    Buyout

    Patient Square Capital (via an affiliate) has completed its previously announced $2.6 billion acquisition of Premier, Inc., valuing Premier at $2.6 billion. Premier common stock stopped trading and will be delisted from Nasdaq as of November 25, 2025, with stockholders receiving $28.25 in cash per share.

  • Buyer
    Patient Square Capital
    Target
    Premier, Inc.
    Type
    Buyout

    Premier, Inc. stockholders overwhelmingly approved Patient Square Capital’s acquisition of the company at a special meeting. The deal provides Premier shareholders $28.25 in cash per share and is expected to close on or about November 25, 2025, subject to customary closing conditions.

  • Buyer
    King Risk Partners
    Target
    Stuart Surles Insurance
    Industry
    Insurance
    Type
    Buyout

    King Risk Partners has acquired Stuart Surles Insurance, an independent agency based in Angier, North Carolina, expanding King Risk's footprint in the state. The acquisition strengthens King Risk's farm and crop insurance capabilities while preserving Stuart Surles Insurance's local, relationship-driven service model.

  • Buyer
    ARC Health Partners, Thurston Group
    Target
    Clarity Counseling Center
    Seller
    Karin Kassab, Clarity Counseling Center
    Type
    Addon

    ARC Health Partners has acquired Clarity Counseling Center, an outpatient therapy practice based in Wilmington, North Carolina, expanding ARC's presence in the state. Clarity, founded in 2015 by Karin Kassab, offers in-person and telehealth mental health services; the deal adds to ARC's growing platform (backed by Thurston Group) of partner practices nationwide.

  • Buyer
    Clayton Dubilier & Rice (CD&R)
    Target
    Sealed Air Corporation
    Industry
    Packaging
    Type
    Buyout

    Sealed Air Corporation entered into a definitive all-cash agreement to be acquired by funds affiliated with Clayton Dubilier & Rice (CD&R) at an enterprise value of $10.3 billion. After receiving required regulatory approvals, the acquisition was completed in April 2026, and Sealed Air became privately held with its shares ceasing to trade on the NYSE.

Full Export

Purchase this data

Get the full acquisitions list for this page as CSV + XLSX.

Find buyers active in North Carolina

Turn current acquisition activity in North Carolina into an outreach-ready buyer list.

Apply as a Buyer

Related Acquisition Pages