Acquisitions in Arizona

Carson Group announced it has fully acquired its Carson Wealth office in Scottsdale, Arizona, bringing the previously minority‑held Carson Wealth Scottsdale practice under full ownership. The Scottsdale team, led by managing partner Brent Pine, oversees roughly $430 million in AUM and the deal is positioned primarily to support succession, leadership development and long‑term client continuity.

Pine Environmental Services has acquired Terratech Environmental Equipment & Supplies, a Tempe, Arizona-based provider of air, water and soil sampling equipment rentals, sales, and maintenance/calibration services. The deal expands Pine's presence in the Arizona environmental market and strengthens its equipment rental, sales and service capabilities for environmental services and non-destructive testing end markets; Terratech founder and owner Dean Ferrin will support the transition.

Elevate Patient Financial Solutions (ElevatePFS) has completed a carve-out acquisition of the Health Systems Services division of Centauri Health Solutions. The deal — terms not disclosed — adds Centauri's Medicaid and disability eligibility/enrollment, out-of-state Medicaid billing, and other complex revenue cycle capabilities to ElevatePFS's revenue cycle management platform to better serve health system clients.

McElroy Metal, an employee-owned U.S. manufacturer of metal roofing and building products, has acquired Fabral, a nearly 60-year-old metal roofing and cladding brand. Fabral will continue to operate independently with its existing leadership and employees, and the deal expands McElroy Metal's presence in the metal construction market.

Boston-based CW Advisors has acquired Rovin Capital, a fee-only RIA with offices in Lehi, Utah and Mesa, Arizona, adding $849 million in combined assets under management and advisement. The undisclosed-term deal expands CWA's footprint in the western United States — giving CWA its first Utah office and making Mesa its second Arizona location — and positions Rovin to lead regional growth efforts.

Cadre Holdings, Inc. (NYSE: CDRE) has completed its acquisition of TYR Tactical, a global manufacturer of tactical gear for military, law enforcement, and government agencies. The deal consideration included $120 million in cash, $24 million in Cadre common stock, $1 million in RSUs for certain TYR employees, and up to $25 million in earn-out consideration, and Cadre separately acquired certain real property from a TYR affiliate for $30 million.

N. Harris Computer Corporation, an operating group of Constellation Software Inc., has acquired GlobalMeet, an enterprise webcasting and virtual events platform, from Phoenix-based investor Pivotal Group. The transaction, which closed December 2, 2025, expands Harris's secure, large-scale virtual event and enterprise communications capabilities and positions GlobalMeet for long-term growth under Constellation's vertical-software operating model.

SPS PoolCare, the largest U.S. swimming-pool services platform backed by Storr Group, has acquired AZ Veteran Pool Care, a pool maintenance and repair company serving the Greater Phoenix, Arizona area. The deal expands SPS PoolCare's Arizona footprint (its 21st Arizona acquisition) and continues the firm's roll-up strategy in the Sun Belt.

Phoenix-based IdentiBrands Powered by Proforma has acquired Absolute Ink Promotional Products Inc., a Phoenix promotional-products distributor founded in 1999. Financial terms were not disclosed; the deal is an add-on acquisition intended to expand IdentiBrands’ product offering and customer base within the Proforma distributor network.

Grant Avenue Capital has acquired 21st Century Healthcare, a Tempe, Arizona-based manufacturer of vitamins, minerals and supplements for humans and pets. Grant Avenue will partner with CEO Kirk Neal and the existing management team to expand 21st Century's product portfolio, scale manufacturing and broaden retail and e-commerce distribution.

US LBM, the largest privately owned distributor of specialty building materials in the U.S., has acquired XO Windows, a regional supplier and installer of windows and doors serving Phoenix, Tucson and Henderson (Las Vegas metro). The acquisition expands US LBM’s product depth and installation capabilities across its Arizona Building Supply and Desert Companies divisions to better serve residential and commercial builders in the Southwest and Northwest regions.

ACES, a San Diego-based provider of autism therapy services, has acquired Ally Pediatric Therapy, a Phoenix-based provider of ABA, speech-language, and occupational therapy, from SBJ Capital. The acquisition expands ACES's presence in the Greater Phoenix area and aims to increase access to evidence-based autism services while integrating Ally into ACES's center network.

Prime Pensions, Inc. (PPI), a Florham Park, New Jersey-based retirement plan administrator, has acquired The Raymond Company Pension Services LLC, a third-party administrator headquartered in Mesa, Arizona. The acquisition marks PPI’s entry into the Arizona/Southwest market and will provide Raymond’s clients access to Prime Pensions’ national scale, technology solutions, and expanded plan administration capabilities; financial terms were not disclosed.

RD Last Mile Holdings, LLC (doing business as ADL Final Mile) has acquired Xcel Delivery Services, a Tucson-based final mile and customized logistics provider operating in Arizona and the Southwestern U.S. The deal — backed by Red Dog Equity, Monroe Capital and The Pritzker Organization — brings Xcel's leadership into ADL's Southwest network to expand capacity and service capabilities.

Arxis, a portfolio company of Arcline Investment Management, has acquired Micro-Tronics, Inc., a Tempe, Arizona-based manufacturer of engineered elastomeric and metallic components for commercial aerospace and defense applications. The add-on strengthens Arxis' Mechanical Components segment by adding MTI's elastomeric diaphragm, seal assembly and high-precision EDM capabilities to support mission-critical aerospace and defense programs.

Ridgemont Equity Partners has acquired CRS, a Phoenix-based tech-enabled provider of temporary housing and managed repair solutions for insurance carriers. The senior CRS leadership will remain significantly invested alongside Ridgemont as the firm looks to scale the business and expand adjacent FNOL services.

EP Wealth Advisors, a fee-only registered investment advisor, has partnered with Capital Insight Partners, a Scottsdale-based wealth management firm with over $730 million in AUM, and integrated the CIP advisory team into EP Wealth’s Arizona region. Nine members of the CIP team will join EP Wealth; CIP co-founder Susan Anastasiadis will join EP Wealth as Senior Vice President. Financial terms were not disclosed.

Security 101 has acquired Electronic Security Concepts (ESC), a Scottsdale, Arizona-based full-service systems integrator. The deal expands Security 101's presence in the U.S. Southwest and adds ESC's advanced systems-integration capabilities and customer relationships across government, healthcare, and enterprise verticals.

Accordion, an AI- and data-powered financial consulting firm focused on private equity, has acquired Pinnacle Healthcare Advisors to expand its Revenue Cycle Management (RCM) capabilities. Approximately 20 Pinnacle professionals joined Accordion, and former Pinnacle principals Andrew Jacobsen and Todd Hakala have joined Accordion as managing directors to strengthen the firm's RCM Center of Excellence.

EP Wealth Advisors has acquired Clearview Wealth Advisors, adding nearly $218 million in assets under management and bringing the father-and-son Clearview team into EP Wealth's Phoenix region. The Clearview advisors will integrate into EP Wealth's Phoenix advisory group to access expanded planning, tax and investment resources; financial terms were not disclosed.

WIN Reality has acquired Yakkertech and launched SmartPark, a connected-field system that uses Yakkertech's optical pitch-tracking technology to capture 125+ live performance metrics for baseball and softball. The integration powers real-time analytics, officiating tools, and development workflows, with more than 2,500 SmartParks committed for installation beginning in 2026.

EnergyHub (an Alarm.com subsidiary) has acquired Resideo Technologies’ Grid Services demand response business, which will be integrated into EnergyHub’s Edge DERMS and VPP capabilities. Resideo divested the unit to focus on its core residential sensing and controls business; financial terms were not disclosed.

Torginol, a Sheboygan, Wisconsin-based manufacturer of decorative flake, quartz and specialty products for resinous flooring, has completed the acquisition of Chips Unlimited, a Tempe, Arizona-based producer of decorative chip/flake products. The deal (terms not disclosed) expands Torginol's product suite, manufacturing footprint and ability to serve domestic, international and specialty markets with broader product availability and faster lead times.

Precision Aviation Group (PAG) has acquired H.E.R.O.S. Inc., a Chandler, Arizona-based specialist in Rolls-Royce M250/RR300 engine MRO services. The deal expands PAG’s M250/RR300 capabilities and geographic footprint, adding a specialized test cell and facility to support commercial, military, and special-mission operators.

Republic Airways Holdings Inc. has completed its merger with Mesa Air Group, creating a combined publicly traded regional airline that will operate the world’s largest Embraer jet fleet and support major carriers under existing and new capacity purchase agreements. Republic stockholders will own approximately 88% of the combined company while Mesa stockholders will own between 6% and 12% pending final settlement of pre-closing obligations.

Corsica Technologies (an Inverness Graham portfolio company) has acquired AccountabilIT, a Scottsdale-based managed IT and cybersecurity firm backed by WestView Capital Partners. The deal is an add-on to Corsica's platform that expands its AI-enabled managed services, Microsoft expertise, and national cybersecurity footprint, bringing the combined company to more than 100,000 protected endpoints.

Kian Capital-backed Diamond Landscaping has completed the acquisition of Arizona Outdoor Designs (AZOD), a premier provider of luxury residential landscaping in the greater Scottsdale area. The deal expands Diamond Landscaping's national luxury-residential platform into the Phoenix/Scottsdale market; AZOD founder Rich Dobbs and his leadership team will remain with the business.

LifeCare Home Health Family has acquired Infinity Hospice Care, a family-owned hospice provider serving Nevada and Arizona. The deal expands LifeCare's hospice footprint into Arizona and adds Infinity's inpatient hospice unit in Las Vegas to LifeCare's capabilities.

Block Renovation has acquired BuildZoom Marketplace to create a nationwide AI-powered renovation and construction platform. The combined company will expand Block's offerings beyond renovations into new residential construction and small commercial projects, and the integrated platform now processes over $100 million in annual projects across all 50 states.

Lettuce, an AI-powered financial platform for solopreneurs, raised $28 million in a funding round led by Zeev Ventures and acquired benefits-access startup Besolo. The acquisition adds healthcare benefits (health, dental, vision, life) capabilities to Lettuce’s platform as it expands its product suite for independent professionals.

Valence Surface Technologies, the largest independent aerospace surface finishing platform in North America, acquired Foresight Finishing, a Tempe, Arizona-based provider of precious metal surface treatment for aerospace and defense electronics. The add-on expands Valence's capabilities in tight-tolerance precious metal plating and provides regional presence in the A&D electronics supply chain; financial terms were not disclosed.

Gallagher Bassett, the claims and risk management subsidiary of Arthur J. Gallagher & Co., has acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. The deal (terms not disclosed) brings Safe T's environmental, health & safety consulting and staffing capabilities into Gallagher Bassett to strengthen its safety and risk management offerings across the U.S., particularly the Southwest and West.

Trinity Consultants has acquired GeoSystems Analysis (GSA), a Tucson-based hydrology and natural resources consultancy with offices in Arizona, New Mexico, and Oregon and additional resources in Nevada and Peru. GSA will operate as a business unit within Trinity's Water & Ecology division, expanding Trinity's water and ecology service capabilities and geographic footprint while preserving GSA's leadership and client continuity.

Nautic Partners, in partnership with Cenavera management, has completed the acquisition of Cenavera Nutrition from Harkness Capital Partners. Cenavera, headquartered in Scottsdale, Arizona, is a leading independent K-12 outsourced foodservice operator serving roughly 350–380 districts across 33 states; Nautic intends to support organic growth, geographic expansion and add-on acquisitions to deepen its presence in the K-12 foodservice market.

Sunflower Industrial has acquired Arizona Epoxy Systems (AES), a Tempe-based resinous flooring installer serving commercial, industrial and aviation customers across the Southwest. AES will operate as Sunflower Industrial's Southwest Region headquarters, with existing leadership retained as the company integrates AES with Sunflower's Epoxy Coating Specialists and Desco Floor Systems platform.

ZenaTech, Inc. (Nasdaq: ZENA) has acquired Tucson-based Putt Land Surveying, Inc., expanding the company's Drone-as-a-Service (DaaS) footprint in southern Arizona. The deal is ZenaTech's 11th U.S. acquisition for its DaaS business area and is intended to accelerate the company’s Phoenix and statewide DaaS operations and recurring-service capabilities.

Revelation Pharma, a national network of 503A and 503B compounding pharmacies, has acquired Acacia Apothecary & Wellness, a Tucson-based compounding pharmacy. The deal expands Revelation's footprint and expertise in hormone therapy, women's health, and personalized medicine; Acacia founder Justin Brock, PharmD, will join Revelation as an Operational Consultant.

BrentCare Behavioral Health Holdings has acquired Modern Recovery Network (MRN), a Phoenix-based adolescent behavioral health management company operating Modern Recovery Services and Avery's House. The acquisition expands BrentCare’s adolescent behavioral health footprint and capabilities—adding residential, outpatient, and virtual services and extending the platform’s reach nationally, including new coverage in underserved regions such as Arizona and Idaho.

Intuitive Machines completed its acquisition of KinetX, a deep space navigation and systems engineering firm, in a stock transaction valued at $30 million before closing adjustments (approximately $15 million cash plus ~1,400,000 shares). The deal integrates KinetX's NASA-certified deep-space navigation and mission design expertise with Intuitive Machines' lunar-proven spacecraft and data services, expanding the buyer's capabilities and infrastructure footprint across key U.S. locations.

Workday, Inc. has completed its acquisition of Paradox, a conversational AI candidate experience provider, integrating Paradox’s AI agent into Workday Recruiting to create an end-to-end, AI-powered talent acquisition suite. The deal expands Workday’s AI agent portfolio and strengthens its capabilities for high-volume and frontline hiring across retail, healthcare, and other industries.

ALKEME Insurance, a top-25 U.S. brokerage headquartered in Ladera Ranch, California, acquired Insurance Brokers of Arizona (IBOAZ), a Gilbert, Arizona-based personal lines insurance agency led by Cameron Brown. The deal strengthens ALKEME's Arizona footprint and adds IBOAZ's digitally forward personal-lines capabilities to ALKEME's growing national platform.

Tailwind Capital has made a majority strategic investment in DMD Systems Recovery to accelerate the company's growth, expand its services portfolio and pursue an acquisitive platform strategy. Stellus Capital Management provided senior debt financing and an equity co-investment in support of the transaction. DMD is an end-to-end IT asset disposition (ITAD) provider serving enterprise and data center customers globally and plans to expand sales, geographic coverage and M&A activity.

Broadridge Financial Solutions has acquired iJoin, a retirement plan technology provider that offers participant onboarding, managed accounts, retirement income tools, and data-driven engagement services. The acquisition augments Broadridge’s retirement plan servicing, analytics, and participant communications capabilities to deliver more personalized onboarding and lifetime-income solutions for record keepers, advisors, asset managers, and insurers.

Montway Auto Transport has acquired TurnTime Transport, an automotive transport brokerage founded in 2019 and based in Phoenix, Arizona. The acquisition strengthens Montway's dealer- and auction-focused transportation capabilities and expands its service reach for dealer and remarketing customers nationwide.

CERTUS Pest has acquired Pest Friends, a pest control company with locations in Arizona and California, expanding CERTUS' presence in the Tucson and Los Angeles metropolitan areas. The Pest Friends branches will be integrated with CERTUS brands (Tucson into Responsible Pest & Scorpion Control and Los Angeles into PURCOR Pest Solutions) to provide customers with enhanced service offerings and resources.

Modern Wealth Management has acquired Mesa, Arizona-based Public Safety Financial/Galloway (PSF/Galloway), an RIA managing $1.1 billion in assets, and has launched a dedicated Public Safety Financial division to serve first responders and public safety families. The deal establishes Modern Wealth's first office in Arizona and expands its national footprint and advisor support through a new Phoenix Organic Growth Hub.

AVI-SPL, a global digital enablement and AV/UC integrator headquartered in Tampa, Florida, has acquired CCS Presentation Systems Southwest (CCS Southwest), the Mesa, Arizona-based audio-visual design and systems integration operator. The deal expands AVI-SPL’s presence and resources in the U.S. Southwest and adds local AV/UC integration and managed services capabilities for corporate, government, and education customers.

World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group (Scottsdale, Arizona) effective September 1, 2025; terms were not disclosed. The purchase expands World’s presence in Arizona and adds SilverLeaf’s business, health, life and personal lines capabilities to World’s national brokerage network.

Rochester Midland Corporation has acquired Decon Water Technologies, a Phoenix-based water treatment service provider with more than 30 years of experience. The deal expands Rochester Midland’s wastewater treatment capabilities by adding Decon’s proprietary chemistry, automation and skilled team; Rochester Midland is PE‑backed and continues to pursue complementary platform add-ons.

Ethos Risk Services has acquired ForzaCare, a clinical nurse case management provider, to expand Ethos’ field-based and telephonic case management capabilities and broaden its integrated medical management services for carriers, TPAs, and employers. The acquisition adds experienced clinical staff and enhances Ethos’ end-to-end claims offering as part of its ongoing roll-up strategy (Ethos' eleventh acquisition since 2019).