Acquisitions in Idaho in 2019

Trive Capital has acquired AceCo Precision Manufacturing, a Boise, Idaho-based maker and refurbisher of mission-critical precision components for semiconductor and display equipment. AceCo will be integrated with Trive portfolio company NxEdge to form a vertically integrated platform aimed at reducing lead times and improving quality for semiconductor and display OEMs; NxEdge leadership will lead the combined platform.

Gemini Bioproducts, a portfolio company of BelHealth Investment Partners, has acquired ORFLO Technologies, a developer of flow cytometers and cell counters. The deal expands Gemini's cell culture solutions by adding ORFLO's Moxi Go and Moxi Z instrumentation and consumables, strengthening its offering for cell and gene therapy customers.

Greybull Stewardship and Gemstone Capital acquired Ada Sand & Gravel, Inc., a family-owned supplier of sand and gravel based in Boise, Idaho. The transaction, announced by sell-side advisor Woodbridge International, transfers the business (est. operating from a 50-acre gravel pit since 1961) to the two investor groups as a family-owner exit.

Shamrock Foods Company is acquiring the Boise, Idaho operations of Food Services of America (FSA) in a transaction required as part of regulatory approval for US Foods’ acquisition of SGA Food Group. The purchase expands Shamrock Foods’ geographic footprint in the western United States and aims to maintain customer service continuity for local restaurant, healthcare and institutional customers.

Zywave, an insurance technology company based in Wauwatosa, Wisconsin, has acquired Idaho-based rating engine RateFactory. RateFactory's employees and customers will join Zywave as the company integrates the rating/quoting engine to enhance Zywave's small-group quoting and carrier-direct quoting capabilities; financial terms were not disclosed.

Jet Health, Inc. acquired Boise-based First Choice Home Health and Hospice, marking Jet Health’s entry into the hospice market and expanding its geographic footprint into Idaho. Funding for the transaction was provided by SV Life Sciences and Health Enterprise Partners; financial terms were not disclosed and several First Choice founders will remain with the business while one will retire.

Red River Software, a Volaris Group company, has acquired Triple E Technologies, integrating Triple E’s OneTouch fuel and convenience-store software into Red River’s offering. The acquisition expands Red River’s capabilities in secure payment processing, PCI/EMV transactions, fuel control and inventory management for petroleum and C‑store customers across the United States.

ICONIQ Capital has made a majority investment in Truckstop.com, becoming the company’s majority shareholder while founder Scott Moscrip and the existing management team retain significant ownership. The investment will be used to deepen Truckstop.com's product portfolio, accelerate strategic initiatives and market penetration, and support organic growth and acquisitions; DC Advisory advised Truckstop.com and Goodwin Procter advised ICONIQ.

NuMSP, a national managed service provider, acquired the Boise, Idaho assets of Corporate Technologies. The transaction transfers the Boise customer base and operations to NuMSP as the seller (Corporate Technologies) continues to operate in other states; NuMSP said the deal furthers its geographic expansion to serve SMBs in the Boise market.