Acquisitions in Kansas in 2024

Avel eCare has acquired Hospital Pharmacy Management, Inc. (HPM) to strengthen and expand its remote pharmacy and onsite pharmacy management services. HPM — a Kansas-based provider that supports 51 hospitals across Kansas, Nebraska, Missouri and Texas — will join Avel's pharmacy offering to provide 24/7 medication order review, pharmacist-in-charge coverage, and other clinical pharmacy services to health systems.

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.

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.

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.

Platinum Realty announced that SunWest Real Estate Advisors has joined its Kansas City operations, bringing SunWest’s luxury portfolio and agents into Platinum’s Midwest platform and national partner, United Real Estate. The deal expands Platinum’s luxury offerings and market presence in the Kansas City / Midwest region while giving SunWest agents access to United’s technology, benefits and national referral network.

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.

The Andersons, Inc. (Nasdaq: ANDE) has acquired a majority ownership stake in Skyland Grain, LLC, expanding its grain and fertilizer businesses across Kansas, Oklahoma, Colorado and Texas. The deal gives Skyland access to The Andersons' asset footprint and merchandising capabilities, while enlarging The Andersons' retail farm center business and agronomy presence in the region.

Lineage, Inc. (NASDAQ: LINE) acquired the assets of ColdPoint Logistics, a temperature-controlled warehousing and transport provider based in the Kansas City area, for approximately USD 223 million. The deal closed on November 1 and expands Lineage's Midwest footprint and access to the protein corridor and intermodal export capacity via onsite rail at ColdPoint's 621,000-square-foot facility.

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.

Focal Pointe has acquired Messenger's Lawn & Landscape, a Stilwell, Kansas-based landscape and irrigation firm. The acquisition folds Messenger's into Focal Pointe's Kansas City operation, doubles Focal Pointe's footprint in the Kansas City market and brings additional capability to service large, complex sites.

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.

Creative Planning has acquired Lawrence, Kansas-based Edmonds Duncan Registered Investment Advisors, with the deal closing October 1 and six Edmonds Duncan employees joining Creative Planning. The acquisition adds roughly $550 million of AUM and expands Creative Planning's presence in Kansas while enabling Edmonds Duncan clients to access Creative Planning's broader suite of planning, investment, tax, trust and estate services.

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.

MedHQ has acquired Trajectory Revenue Cycle Services, a Wichita-based revenue cycle management firm founded by Derrick Idbeis, to expand MedHQ's revenue cycle capabilities and scale across physician and outpatient markets. The deal adds more than 150 team members to MedHQ's platform and names Idbeis EVP of Business Development for the combined organization.

Pye-Barker Fire & Safety has acquired Safety Plus First Aid & Safety, a Wichita, Kansas-based provider of first-aid kits, AEDs, CPR kits, safety equipment, training and workplace safety assessments. The acquisition expands Pye-Barker’s Midwest footprint and complements its code-compliance and life-safety service offerings for commercial customers.

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.

Pye-Barker Fire & Safety has acquired Garden City Fire & Safety, a family-owned extinguisher service business based in Garden City, Kansas. The acquisition expands Pye-Barker's presence and service footprint in southwest Kansas, adding local extinguisher sales, hydrostatic testing, inspections, maintenance and hands-on training capabilities.

Equity Bancshares, Inc. (Equity Bank) completed the acquisition of KansasLand Bancshares, Inc., the parent of KansasLand Bank, expanding Equity's Kansas footprint and adding locations in Quinter and Americus, Kansas. The acquired KansasLand branches will convert to Equity Bank and Equity expects to consolidate core and digital systems later in the third quarter.

Boeing has agreed to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $4.7 billion in equity (about $8.3 billion total including net debt), reintegrating Spirit's Boeing-related commercial operations and select aftermarket businesses. The deal brings roughly 15,000 Spirit teammates into Boeing, expands Boeing's production and MRO footprint, and preserves certain defense activities as an independent Spirit Defense subsidiary while requiring divestiture of some Airbus-related work packages.

Elara Caring has acquired Caregivers Home Health, a privately owned, 150-person home health provider based in Topeka, Kansas, expanding Elara's services into Kansas and Iowa. The deal advances Elara's strategy to broaden patient access to home-based care across additional geographies.

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.

King Ranch, Inc. has acquired a 50% stake in Cobalt Cattle, the United States' fourth-largest cattle feeding operator, which runs six feedyards across Colorado, Kansas and Texas. The transaction brings King Ranch into a strategic partnership with Cobalt (which is backed by growth equity partner AGR Partners) as part of King Ranch's move to expand and vertically integrate across the beef value chain.

Kingswood Capital Management has acquired Corbion’s emulsifiers business (formerly Caravan Emulsifiers) for approximately $326 million; the business will operate as PATCO Products, LLC and remain headquartered in Lenexa, Kansas. The carve-out includes two U.S. manufacturing plants (about 175 employees) and provides emulsifiers for food, personal care, polymer additives, pet food and pharmaceutical markets; Corbion said the divestment lets it focus on fermentation-based technologies.

Senske Services, a PE-backed home services platform, has acquired Weber Lawn Care, a residential lawn-care provider serving the Kansas City area, as owner Troy Weber transitions into retirement. The Weber Lawn Care customer base will be integrated into Senske’s Pro Turf & Pro Pest Solutions brand as part of Senske’s ongoing Midwest expansion and roll-up strategy.

Keeping Count, a PE-backed provider of outsourced accounting and bookkeeping services, has acquired Ximplifi, a Wichita-based outsourced accounting provider focused on the vacation rental/short-term rental industry. Ximplifi founder and CEO Jesse King Ehret will join Keeping Count as President of RealCount; financial terms were not disclosed.

Yingling Aviation, a PE-backed full-service MRO and FBO, has acquired Mid-Continent Aviation Services (MCAS), a Wichita-based aircraft maintenance, repair and overhaul provider operating an 80,000+ sq. ft. facility at Dwight D. Eisenhower National Airport. The deal, backed by AE Industrial Partners, expands Yingling's MRO capacity and technical capabilities in the strategic Wichita market; financial terms were not disclosed.

Hoffmann Family of Companies (HF Companies) has acquired Doonan Specialized Trailer, LLC, a custom semi-trailer manufacturer headquartered in Great Bend, Kansas. The acquisition expands HF Companies' transportation vertical and builds on its prior purchase of Texas Bragg Trailers, with Doonan's existing management remaining in place to support continuity.

Toney Healthcare, a clinically-oriented consultancy and portfolio company of Centre Partners and Health Enterprise Partners, has acquired Rebellis Group, a Medicare Advantage-focused strategic advisory firm. Terms were not disclosed; the deal combines Toney's clinical operations capabilities with Rebellis' Medicare Advantage, Part D, and regulatory consulting expertise, and Rebellis will continue to operate under its brand while its co-founder Betsy Seals becomes President of Toney Healthcare.

The Retirement Planning Group (TRPG), a Cetera-backed wealth management platform headquartered in Leawood, Kansas, has acquired 100% of the assets of Dightman Capital Group, Inc., an RIA based in Overland Park, Kansas. Owner Brian Dightman becomes a W‑2 advisor at TRPG as part of TRPG’s ongoing M&A strategy to integrate independent advisors and expand its assets and client base.

Fluent, a dental insights and analytics company, has acquired Delegated DDS, an NCQA-accredited, tech-enabled provider credentialing firm that serves dental insurance payers and Dental Support Organizations (DSOs). The acquisition expands Fluent's credentialing capabilities and complements its prior credentialing-related acquisitions; both entities will operate independently.

Educational testing nonprofit ETS acquired PSI, a global leader in test development and delivery, in a deal that closed January 25, 2024. The combined organization will offer an expanded end-to-end suite of assessment, certification and licensure services to support workforce skills development worldwide.

NativeSeed Group, a Heartwood Partners portfolio company, has acquired Star Seed, a producer and supplier of conservation and farm seeds based in Osborne, Kansas. The add-on expands NativeSeed's product offering (adding warm-season varieties and >300 seed varieties) and extends its geographic footprint into the U.S. Midwest to better serve conservation, farm, and restoration customers.

Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, acquired American Heritage Agency, Inc., a long-established independent insurance agency in Hays, Kansas. The deal marks Inszone’s entry into the Kansas market and gives American Heritage access to Inszone’s broader resources while continuing to serve local commercial, farm and personal insurance clients.

UPSTACK has acquired Strategic Telecom Partners, a technology services advisory firm based in Overland Park, Kansas. As part of the deal (terms undisclosed), founder Brad Carrell will join UPSTACK as Partner and Managing Director to strengthen the platform’s telecom and network advisory capabilities as part of its ongoing roll-up strategy.

Investcorp acquired Best in Class Technology Services (BCTS), a Lenexa, Kansas–headquartered provider of commercial HVAC, plumbing and electrical maintenance and project services. Dunes Point Capital sold BCTS and will remain a meaningful shareholder alongside BCTS management as Investcorp looks to accelerate the company’s national growth and platform expansion.