Acquisitions in Kentucky

Afore Insurance Services has acquired Myron K. Hobbs & Company, LLC, marking Afore’s entry into Kentucky and establishing a new Louisville-area office. The acquisition brings group employee benefits capabilities and the Myron Hobbs team into Afore’s platform; financial terms were not disclosed.

Reliable Energy Partners, a propane distribution platform backed by Soundcore Capital Partners, has acquired Irvington Gas, a bulk-propane distributor headquartered in Irvington, Kentucky. The deal expands Reliable's operating footprint to six states as part of its buy-and-build strategy for residential and commercial propane distribution; terms were not disclosed.

Pape-Dawson has acquired Louisville-based civil engineering firm Prism Engineering, marking the firm’s first expansion into Kentucky. The acquisition adds Prism’s civil engineering and land-development expertise to Pape-Dawson’s regional platform, enabling expanded services for commercial, industrial and residential development projects in Kentucky and the surrounding region.

Connect Media, a Los Angeles-based B2B media company, has acquired Louisville-based Networld Media Group, a business-to-business news and events operator serving the restaurant, retail, banking and self-service technology sectors. The deal expands Connect Media's media and events footprint into adjacent verticals and grows the combined team's headcount to more than 60 employees; terms were not disclosed.

Dominion Enterprises has merged Cross-Sell into its DataOne Software business, consolidating two wholly owned automotive data brands to create a single, stronger data and software offering. The move brings Cross-Sell employees and dealer-focused products into DataOne to accelerate data licensing growth and provide unified automotive market intelligence solutions.

Demeetra AgBio has completed the acquisition and full integration of Hera BioLabs, consolidating commercial rights to the hyperactive Super piggyBac transposase platform under Demeetra. The deal brings Hera’s in vitro services into Demeetra’s R&D, winds down Hera’s in vivo services, and positions Demeetra as the definitive commercial licensor for Super piggyBac across research, development, and biomanufacturing use cases.

MEI Industrial Solutions, a portfolio company of Olympus Partners, has acquired CCI Industrial Services, an industrial services provider headquartered in Somerset, Kentucky. The acquisition adds roughly 120 employees, expands MEI's footprint in the Southeast (establishing a presence in Kentucky) and brings equipment-level electrical, millwrighting, rigging and fabrication capabilities to MEI's end-to-end service offering.

Atmus Filtration Technologies completed the acquisition of Koch Filter Corporation from Air Distribution Technologies (a Truelink Capital portfolio company) for approximately $450 million in cash. The deal establishes Atmus' new Industrial Solutions segment, brings Koch Filter's commercial and industrial HVAC, data center and power generation filtration capabilities into Atmus, and is expected to be accretive to adjusted EPS and EBITDA margin in 2026.

Lexington-based MCF Advisors LLC has acquired Louisville fee-only Registered Investment Adviser Accredited Wealth Management LLC, adding $178 million of AUM and expanding MCF's presence in the Louisville market. The founders of AWM, Steve Giacobbe and Shawn Clark, joined MCF as Senior Financial Advisors and Partners; the deal is MCF's first transaction since taking an equity investment from Wealth Partners Capital Group and the Aspire Holdings platform of HGGC, and increases MCF's AUM to about $3.9 billion.

Burnout Brands, a performance automotive platform and portfolio company of Hidden Harbor Capital Partners, has acquired Brian Tooley Racing, a Kentucky-based manufacturer of high-performance camshafts, valvetrain components and intake manifold engineering. The acquisition brings BTR into Burnout Brands' portfolio (which includes Monster Transmission, BD Diesel and D&J Precision Machine) to expand product development, manufacturing capabilities and aftermarket market reach.

Guidant Power, a Chicago-based electrical safety and reliability services platform backed by Shore Capital, has acquired Mitchell & Lindsey, an electrical safety consulting and training firm. The acquisition expands Guidant Power's arc flash assessment, testing, and healthcare-focused safety capabilities and broadens its national service footprint.

Swedish access-solutions leader ASSA ABLOY has acquired Metal Products Inc. (MPI), a US manufacturer of custom hollow metal doors and frames headquartered in Corbin, Kentucky. MPI, founded in 1980, has about 170 employees and reported approximately $22 million in sales for 2024; the acquisition is intended to expand ASSA ABLOY’s product offering and strengthen its regional US footprint and delivery capabilities.

Confluent Health announced a partnership with Commonwealth Hand & Physical Therapy, a Kentucky-based practice operating six clinics, which will join Confluent's national musculoskeletal care network while retaining its local brand. The deal expands Confluent Health's footprint and gives Commonwealth access to Confluent's management services, clinician education, and practice enablement resources.

Waystar Holding Corp. completed the acquisition of Iodine Software, adding Iodine’s clinical dataset and client base of more than 1,000 hospitals and health systems to Waystar’s healthcare payment platform. The deal expands Waystar’s total addressable market by over 15%, strengthens its AI-driven clinical and financial intelligence capabilities, and is expected to be accretive to margins and non-GAAP net income per share in 2027.

Hoffmann Family of Companies, a family-owned private equity firm, has acquired Derby Fabricating Solutions, a manufacturer of die-cut nonmetallic materials and NVH components serving automotive OEMs, Tier 1 suppliers and the appliance industry. Derby operates four Midwest production facilities (Louisville and Cadiz, Kentucky; Sidney, Ohio; Rockford, Michigan) and is IATF 16949 certified; the transaction strengthens Hoffmann's manufacturing vertical and expands its capabilities in automotive component fabrication.

The supplied article is a SpringGreen franchise announcement about new franchise owners in Richmond, Kentucky, and does not describe an M&A transaction (no buyers, targets, sellers, or deal terms are mentioned). Please confirm whether you want extraction of franchise/franchisee details or provide the M&A transaction article(s) you want analyzed — I can also search for a specific M&A deal if you’d like.

Louisville Brands has acquired Louisville Vegan Jerky Company, a plant-based snack brand and Render Capital Fund 1 portfolio company. The acquisition brings the top-selling vegan jerky brand into Louisville Brands' consumer CPG platform to accelerate national scaling and leverage regional logistics and distribution strengths.

Inszone Insurance Services acquired Lexington Insurance Agency, an independent insurance agency based in Lexington, Kentucky, marking Inszone's entry into the Kentucky market. The deal brings Lexington's ~11 employees and 70+ year local franchise under Inszone's national brokerage platform to expand geographic reach and carrier access while preserving local relationships.

OCo Capital Management has acquired CMS Utility Services, Inc., a Shepherdsville, Kentucky-based provider of the CMS Portable Pole Rack System and pole rack installation services. The deal, arranged by Small Business Deal Advisors, enables founder Glenn Wilson to transition to retirement while OCo plans post-close value creation and continued growth of the business.

Machitech, a Quebec-based manufacturer of industrial cutting systems, has acquired Plant Technical Services, Inc. dba Victory CNC Plasma Systems, a family-owned CNC plasma systems manufacturer headquartered in Livermore, Kentucky. The acquisition, which closed on September 2, 2025, expands Machitech's U.S. manufacturing capacity, adds an experienced American team, and strengthens its local service and support footprint for fabricators nationwide.

Gauge Capital has acquired Aphix, LLC, a commercial landscape services provider in the southeastern United States, from Caltius Equity Partners. The transaction represents an exit for Caltius and positions Gauge to continue scaling Aphix's regional footprint and recurring service platform.

CORE Industrial Partners has completed a platform investment in Edwards Moving & Rigging, a Shelbyville, Kentucky-based provider of heavy hauling, rigging and turnkey project management services for power generation, manufacturing and infrastructure end markets. CORE said it will partner with Edwards' management to support growth, expand the company's value proposition and pursue complementary acquisitions.

Fenix Parent LLC (operating as Fenix Parts), a Stellex Capital-backed auto recycler and OEM parts reseller, has acquired Grade A Auto Parts, a Louisville, Kentucky-based automotive recycling and parts reseller with locations across the Midwest and Central U.S. The deal expands Fenix's geographic footprint and distribution capabilities in Kentucky, Missouri, Ohio, Tennessee and Indiana and adds Grade A CEO Sean Garber to the Fenix board.

Bourdon Spirits Company, a family-owned spirits company based in Louisville, has acquired Copper & Kings American Brandy Company from Constellation Brands. The acquisition preserves production at Copper & Kings' Louisville distillery and positions Bourdon to expand the brand's visitor experience and national distribution while maintaining its creative identity.

Knipper Health, a therapy initiation and fulfillment provider backed by Frazier Healthcare Partners, has acquired eBlu Solutions, a provider-integrated platform for real-time benefit investigation and electronic prior authorization. The deal integrates eBlu's automation capabilities with Knipper's national fulfillment network to accelerate patient enrollment and streamline order-to-therapy initiation.

Armada Materials, a Kelso-backed infrastructure materials platform, has acquired Drake's Creek Stone, a quarry in Franklin, Kentucky formerly part of Charles DeWeese Construction. The acquisition expands Armada's aggregates footprint to serve northern Tennessee and southern Kentucky and adds crushed stone production capacity to its platform.

Xerox Holdings Corporation completed its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a transaction valued at $1.5 billion (including net debt and assumed liabilities). The deal expands Xerox's print and managed print services capabilities, manufacturing capacity and global distribution reach, and is expected to generate meaningful cost synergies and accretion to adjusted EPS.

The Hilb Group, a Richmond, Virginia-based property & casualty and employee benefits brokerage, has acquired a Kentucky-based multi-line insurance agency effective July 1, 2025. The deal adds Kentucky to Hilb Group's footprint as part of its ongoing roll-up strategy as a Carlyle-backed platform.

Leap Partners has acquired Air Control Heating and Air Conditioning, a Lexington, Kentucky HVAC provider with more than 54 years in the Central Kentucky community. Current owner Herbie McGaughey will remain leading the business as Leap Partners continues to expand its Southeast home services platform.

Smart Care, a portfolio company of Wind Point Partners, acquired Mr. C Refrigeration, a Louisville-based commercial refrigeration and HVAC services firm; the transaction closed on June 18, 2025. The add-on expands Smart Care's commercial refrigeration capabilities in Kentucky and strengthens its ability to serve life sciences, food distribution, and other commercial customers as part of a broader national expansion strategy.

Cheetah Clean Auto Wash has acquired two former Zips Car Wash locations in Bowling Green and Owensboro, Kentucky. The sites will be rebranded and modernized as part of Cheetah Clean's geographic expansion across Western and Southern Kentucky, bringing the company's footprint to 16 branded locations across Kentucky and Tennessee.

Charlotte-based Wastequip has acquired Foster Hydraulics, a family-owned hydraulic cylinder manufacturer in Louisville, Kentucky. The deal brings cylinder production in-house for Wastequip’s truck and aftermarket brands (including Galbreath and Amrep), increasing eastern U.S. production capacity, reducing lead times and strengthening OEM and aftermarket offerings.

Stout's ACE Hardware (Stout's Feed Store) in Mount Washington, Kentucky was sold to ACE Mt. Washington LLC, operated by local entrepreneur Mafaz Ansar, with the transaction closing May 22, 2025. The acquisition transfers ownership from the Stout family to Ansar—who already owns ACE Hardware Radcliff—supporting local continuity of service while expanding Ansar's ACE footprint in Kentucky.

InvestBev, via its private credit arm InvestBev Credit, closed an eight-figure financing agreement with Registered Distillery One (RD1), a Kentucky-based bourbon distillery. The financing will support RD1's ongoing expansion and growth initiatives, with InvestBev Credit highlighting its recent deployment of nearly $30 million in 2025 to beverage operators and barrel owners.

Heartwood Partners has formed VITALSpace, a multi-brand commercial modular building products platform that houses SteelCell, CareAffirm and the newly acquired Portable Solutions Group (PSG). The move follows Heartwood's growth equity investment to scale production, expand product capabilities (including modular access control and restrooms) and add a new manufacturing location to support demand across construction, industrial and other end markets.

EP Wealth Advisors has acquired AlphaMark Advisors, a Fort Wright, Kentucky-based registered investment adviser, in a transaction that closed April 11, 2025. The deal adds roughly $385 million in AUM (reported by multiple sources) and expands EP Wealth’s Midwest footprint into northern Kentucky and the Greater Cincinnati area; Houlihan Lokey acted as exclusive financial advisor to AlphaMark.

TXO, a PE-backed global technology lifecycle services platform, has acquired the AirWay Group to expand its North American presence and broaden lifecycle management, staging, logistics, and network engineering capabilities. AirWay — which operates an R2/ISO-certified facility in Hebron, Kentucky and serves more than 250 telecom and broadband customers worldwide — will operate under the AirWay name while integrating with TXO's global platform.

Valicor Environmental Services, a Pritzker Private Capital‑backed provider of centralized wastewater treatment, has acquired the Louisville-area wastewater and sludge-hauling operations known as Affordable Waste Management from Grasslands Environmental Services. The acquisition expands Valicor's Midwest footprint and enhances its leachate processing and reclamation capabilities.

Mercer Global Advisors, a Denver-based national RIA, has acquired D. Scott Neal, Inc., a Kentucky-based financial planning and investment management firm bringing over $300 million in AUM. The 10-person firm’s offices in the Lexington and Louisville areas become Mercer’s first partner presence in Kentucky; Houlihan Lokey advised D. Scott Neal on the transaction.

Neace Ventures announced the acquisition of J&J Transportation Consultants and Thoroughbred Transportation, adding cross-docking, warehousing, and multi-stop shipment capabilities to its Talon Logistics platform. The deals expand capacity (by ~40%), increase contracted carriers (by ~30%), and strengthen Talon Logistics' presence in the Southeast and Indianapolis markets.

Ascend Learning, a healthcare learning and certification company, has acquired Clover Learning, a provider of online diagnostic imaging education and certification exam preparation. The acquisition expands Ascend's allied health portfolio and strengthens its diagnostic imaging training and continuing education offerings.

Celsius Holdings, Inc. completed the acquisition of Alani Nutrition LLC (Alani Nu) for $1.8 billion (including $150 million of tax assets) — a net purchase price of $1.65 billion comprised of cash and newly issued Celsius stock. The deal combines two scaled better‑for‑you energy/functional beverage brands to expand Celsius’ product portfolio, female-focused consumer reach and distribution footprint; Alani Nu will operate within Celsius and key founders/owners will remain as advisors.

Bluespring Wealth Partners, a Kestra-owned acquirer of independent RIAs, has acquired Reliant Wealth Planning, a Louisville-based wealth management firm overseeing approximately $560 million in assets. The deal brings Reliant’s 13-person team into Bluespring’s platform to expand client services and capability while preserving Reliant’s advisory DNA.

Nautic Partners, in partnership with the company's management team, has completed the acquisition of the Specialty Tapes business from Berry Global and rebranded the carved-out unit as Vybond. Headquartered in Franklin, Kentucky with additional operations in Riverhead, NY and Bristol, RI, Vybond manufactures pressure-sensitive tapes and adhesives and will be supported by Nautic to invest in technology, operations, and growth.

Charlotte-based Already Autism Health has acquired Commonwealth ABA and received a majority investment led by Triton Pacific Healthcare Partners, with Star Mountain Capital and Ace & Company participating. The deal expands Already Autism Health's clinic footprint into Georgia, Kentucky, Indiana and Virginia and brings Commonwealth founder Brett Blevins into the combined company's leadership as Chief Development Officer.

Stukent, a portfolio company of Tritium Partners headquartered in Idaho Falls, has acquired BusinessU, a Lexington, Kentucky-based provider of interactive, standards-based curriculum for high school business classrooms. The deal expands Stukent’s courseware and subject offerings (including agriculture and full-year business courses) and integrates BusinessU’s customizable platform with Stukent’s Simternship simulations to broaden reach and educator support.

Casey’s has acquired Wow! Foodmart LLC and its affiliated retail portfolio, consisting of one travel center, seven convenience stores and four liquor stores located between Lexington and Richmond, Kentucky along I-75. The deal expands Casey’s retail footprint in central Kentucky; Downstream Energy Group acted as exclusive M&A advisor to the sellers.

Visterra Landscape Group has acquired Florence, Kentucky-based Cru Cutters in a tuck-in add-on to expand its northern Kentucky footprint; financial terms were not disclosed and the transaction is effective immediately. The acquisition provides a strategic branch for Visterra partner companies GroundsPRO and Oberson's to expand commercial landscaping and snow & ice removal services in the region.

Centro, Inc. has acquired LECORP, a Paducah, Kentucky provider of system design, equipment supply, and construction services for material handling, process solutions, and dust control. The acquisition (completed January 2025) expands Centro's capabilities in dry bulk material handling and dust collection while strengthening its regional footprint across KY, TN, IN, IL, MO, AR, and MS.

AgroLiquid, a St. Johns, Michigan-based liquid fertilizer manufacturer, will acquire Louisville-based Monty's Plant Food Company effective Jan. 1, 2025. The deal combines AgroLiquid's liquid fertilizer technology and manufacturing scale with Monty's humic and soil-health expertise to broaden product capabilities and deliver new crop nutrition solutions while both brands continue to operate independently through the 2025 growing season.