Acquisitions in Maryland

ADT has acquired Origin AI for $170 million in cash to integrate Origin's AI sensing platform and related IP into ADT's smart home and security offerings. The deal brings Origin's sensorless ambient-intelligence technology and more than 200 patents to ADT to enhance presence detection, reduce false alarms, and enable new aging-in-place and occupancy-based automation use cases.

Office Movers Express (OMX) has acquired two Baltimore-based firms — Hoffberger Moving Services and Re-form — more than doubling OMX's size and expanding its moving, storage and used office furniture capabilities across the Baltimore–Washington corridor. The deal brings healthcare and laboratory relocation expertise and an established office-furniture resale/refurbishing and inventory-management capability into OMX's Beltsville-based corporate platform while maintaining current Baltimore staffing.

Promise Holdings led an investor group to acquire Beauty4U, a multi-location wig and beauty supply retail chain serving the Washington, D.C. metro area, from the Seok family. Newport LLC and GROW and SELL Advisors acted as exclusive advisors to the sellers; the buyer intends to provide operational support and resources to grow the brand and preserve its specialty retail positioning.

Patton Electronics acquired Practical Technologies Inc. (PTI), adding PTI's 20,000-square-foot Baltimore-area electronics manufacturing facility to expand Patton's Maryland production footprint and manufacturing capabilities. The deal strengthens Patton's contract manufacturing platform by adding PCB assembly, wire-and-cable harness, electro-mechanical assembly, and potting/encapsulation capabilities to support defense, aerospace, and industrial customers.

Evermay Wealth Management, a fee-only fiduciary RIA based in Arlington, Virginia, has merged with Novotny, Larash, Venters & Wolf (NLVW), a tax preparation and business advisory firm headquartered in Annapolis, Maryland. The deal brings roughly 25 NLVW professionals into Evermay (operating the tax practice as Evermay Tax LLC under Brandon Wolf, CPA, CFP) and expands Evermay’s capabilities to provide integrated wealth, tax, and business advisory services to NLVW’s ~1,000 clients.

AMETEK, Inc. has acquired LKC Technologies, a Germantown, Maryland-based maker of portable ophthalmic diagnostic devices, including the RETeval handheld ERG system. The seller was DW Healthcare Partners, which had owned LKC as a portfolio company; AMETEK said the deal expands its ophthalmic product portfolio and complements its Ultra Precision Technologies Reichert business.

Japan's Meiji Yasuda Group has completed the acquisition of the Banner Life family of companies (Banner Life Insurance Company and William Penn Life Insurance Company of New York) from Legal & General, in a transaction valued at approximately $2.3 billion (with $2.6 billion transferred at closing reflecting purchase price adjustments). The deal strengthens Meiji Yasuda's U.S. presence by adding a leading term life franchise and a pension risk transfer (PRT) business, and establishes a long-term strategic PRT partnership with Legal & General.

Konovo, a healthcare intelligence platform based in Watertown, Massachusetts, has acquired Rare Patient Voice, a patient recruitment community with more than 200,000 registered patients and caregivers across rare, chronic, and complex conditions. The acquisition expands Konovo's ability to deliver integrated patient and healthcare provider insights, strengthening its recruitment capabilities and reach into rare-disease patient populations.

Odeko has acquired District Distribution, a specialty food and beverage distributor serving the Washington, D.C. metropolitan area, broadening Odeko's Mid‑Atlantic presence and local product assortment. Alongside the acquisition, Odeko entered a partnership with Union Kitchen to source and scale emerging local food and beverage brands across Odeko's national network.

Auria, a Colorado Springs-based C3 software and solutions provider and portfolio company of Enlightenment Capital, has acquired RKF Engineering Solutions and Kythera Space Solutions, both headquartered in Bethesda, Maryland. The add-on acquisitions expand Auria's SATCOM engineering, spectrum management, and autonomous payload software capabilities to deliver end-to-end command, control, and communications (C3) solutions for U.S. Space Force, other government customers, and commercial SATCOM operators.

Diligent Inc has acquired Quasi Robotics, a US-based developer of Autonomous Mobile Robots (AMRs) including the Model C2, for an undisclosed amount. The acquisition expands Diligent's portfolio into industrial automation and intralogistics, integrating Quasi's user-focused AMR technology to accelerate deployment and operational efficiency across customer facilities.

Cerity Partners has merged with SOL Capital Management, with SOL operating under the Cerity Partners name. The combination expands Cerity’s footprint in Maryland and the greater Washington, D.C. area and strengthens its investment and advisory capabilities for high- and ultra-high-net-worth clients; Houlihan Lokey advised SOL Capital and Nelson Mullins served as legal counsel.

Sheridan Capital Partners completed an investment in ICANotes, a purpose-built electronic health record (EHR) and practice management platform serving behavioral health providers. Financial terms were not disclosed; Sheridan said it will support ICANotes' product development and nationwide expansion to scale the company's behavioral-health-focused EHR and practice management capabilities.

System One has acquired Cypress Consulting, a Bethesda, Maryland-based technology consulting firm specializing in cloud architecture, data engineering, cybersecurity, and data center network engineering. The acquisition expands System One's data center and critical infrastructure capabilities in network engineering, automation, and security; terms were not disclosed.

MAI Capital Management has acquired Columbia, Maryland-based Lowe Wealth Advisors, a registered investment advisor with $527 million in assets under management. The deal expands MAI’s footprint in the Mid-Atlantic — adding Lowe’s nine-person, boutique, family-led practice and its niche client base while transitioning the firm onto MAI’s national platform; terms were not disclosed.

Mercer Advisors, a Denver-based national RIA, has acquired Glass Jacobson Wealth Advisors, a Baltimore-based wealth management firm overseeing approximately $1 billion in assets under management. The deal expands Mercer's Mid-Atlantic footprint and brings Glass Jacobson's tax-integrated wealth management capabilities onto Mercer's national platform.

Reliable Energy Partners, a propane distribution platform owned by Soundcore Capital Partners, has acquired Economy Propane, a bulk-propane distributor headquartered in Baltimore, Maryland. The add-on expands Reliable’s footprint into the Mid-Atlantic and broadens the platform’s capabilities into bulk propane distribution to serve residential, commercial and industrial customers.

Aretum has acquired Veterans Engineering, a Rockville, Maryland-based federal technology solutions provider, to strengthen Aretum's cloud, cybersecurity, and digital transformation offerings across defense, intelligence, and civilian agencies. The transaction was backed by Renovus Capital Partners and will have Veterans Engineering operate as a wholly owned subsidiary of Aretum as part of the firm's continued platform growth and capability expansion.

AutoNation, Inc. acquired Jerry's Toyota from Jerry's Automotive Group, effective December 8, 2025. The dealership — renamed AutoNation Toyota White Marsh — represents roughly $123 million in annual revenue, about 2,600 annual retail unit sales and adds approximately 110 associates, strengthening AutoNation's footprint in the Mid-Atlantic and marking its first Toyota store in Maryland.

Creative Planning has acquired North Bethesda–based Burt Wealth Advisors, adding approximately $1 billion in assets under management to its platform. The acquisition expands Creative Planning's footprint in the Washington, D.C. area and gives Burt Wealth clients access to Creative Planning's broader wealth, tax, trust, and family office services.

MAI Capital Management, a Cleveland-based registered investment adviser, has acquired Court Place Advisors, an Ellicott City, Maryland RIA with $366 million in assets under management. The deal expands MAI’s Mid‑Atlantic footprint and adds $366 million to the firm’s AUM; terms were not disclosed.

Diversis Capital has made a strategic growth investment in Kermit, a Brooklandville, Maryland‑based physician preference item (PPI) spend management and analytics platform. The capital will fund Kermit's geographic expansion across the United States, United Kingdom and Ireland and accelerate development of AI‑powered analytics and predictive capabilities to help hospitals control implantable device spend.

London-based Reconomy has acquired Integrated Waste Analysts (IWA), a Hanover, Maryland industrial waste-management and recycling services provider, through its North American platform Lincoln Waste Solutions by Reconomy. The deal, IWA being the seventh add-on to the Lincoln platform, expands Reconomy's U.S. capabilities in data-driven waste services, equipment rental and commodity management as it scales across North America.

Safe Harbor Marinas closed its acquisition of Port Annapolis (a 16-acre, 250-slip marina and boatyard) on November 11, 2025, adding the facility to its global portfolio. As a result, subsidiary Bluewater Yacht Sales will relocate operations to the Port Annapolis site to expand storage, service capabilities, and yacht sales presence in the Annapolis/Chesapeake Bay market.

Miller Environmental Group, a Coalesce Capital portfolio company, has acquired ACE Environmental Services, a full-service environmental contractor operating throughout the Mid-Atlantic. The deal expands Miller's Mid-Atlantic footprint and capabilities in remediation, emergency response, tank management and industrial cleaning as part of its disciplined consolidation strategy.

Ambac Financial Group has completed its acquisition of ArmadaCare, a supplemental health insurance program manager, from SiriusPoint Ltd. ArmadaCare will operate as a wholly owned subsidiary of Ambac with its existing leadership team retained, bolstering Ambac’s accident and health capabilities and distribution footprint.

Frazier & Deeter has completed its acquisition of Rosen, Sapperstein & Friedlander, LLC (RS&F), a Towson, Maryland–based CPA and advisory firm serving family offices, ultra-high-net-worth families, and middle-market organizations. The deal expands Frazier & Deeter's Mid-Atlantic footprint and broadens its advisory capabilities across industries including real estate, healthcare, government contracting, construction, manufacturing and technology.

Omega Systems, a managed IT and cybersecurity provider, has acquired PEAKE Technology Partners, a Bowie, Maryland-based healthcare managed services provider, to deepen its HIPAA compliance, EHR and clinical AI capabilities and expand its Mid-Atlantic healthcare footprint. The deal is Omega's first acquisition since partnering with Revelstoke Capital Partners in January 2025 and is intended as an add-on to accelerate healthcare-focused managed services growth.

Huron (NASDAQ: HURN) has acquired the payor consulting services division of AXIOM Systems, adding approximately 40 AXIOM team members to strengthen Huron's payor-focused capabilities and accelerate its digital growth strategy. The division will be integrated into Huron's Healthcare operating segment; terms were not disclosed.

AlphaCore Wealth Advisory has acquired SPC Financial, a Rockville, Maryland-based wealth advisory and tax-services firm, bringing approximately $1.5 billion in client assets and nearly 40 professionals to AlphaCore. The deal expands AlphaCore's East Coast presence, deepens its in-house tax-planning capabilities, and brings the combined firm to over $8.5 billion in client assets and more than 100 employees.

Electro-Mechanical, LLC has acquired Powercon Corporation, a Severn, Maryland-based manufacturer of custom medium voltage switchgear, e-houses, and modular substation power systems. The deal strengthens Electro-Mechanical's capabilities in medium voltage switchgear and integrated power distribution solutions for utility, data center, and critical infrastructure customers across North America.

Eudia, an AI-native platform for in-house legal teams, has acquired Out-House, a specialized legal services provider founded by Lynden Renwick. The deal brings Out-House's Fortune 500-focused legal operations and contracting expertise into Eudia's hybrid human+AI offering, with Lynden Renwick joining Eudia's leadership to expand enterprise service lines.

Astra Service Partners, a division of Orion Group and portfolio company of Alpine Investors, has made an investment in Knott Mechanical, Inc. SC&H Capital advised Knott Mechanical on the transaction. Knott Mechanical, founded in 2002, provides mechanical and HVAC maintenance, repair and retrofit services to over 1,700 buildings across the Mid-Atlantic.

Family Office of America, Inc. (FOFA), through its subsidiary Family Office of Maryland, has acquired Toone & Associates, a Maryland-based CPA firm. The deal launches FOFA's roll-up strategy to expand into accounting and tax services for high-net-worth individuals and families and to broaden its family office service platform.

Epiphany Dermatology announced a partnership with Modly Dermatology to expand its presence in the Baltimore, Maryland market. Dr. Charlotte Modly and her single-location practice in Reisterstown, MD will join Epiphany's provider network and gain access to Epiphany's operational support and clinical resources.

Kaseya, the Miami-based provider of AI-powered IT management and cybersecurity software, has acquired INKY, an AI-driven email security provider focused on MSPs and SMBs. The acquisition brings INKY's generative-AI email protection into Kaseya's platform (including Kaseya 365 User) to strengthen email security capabilities and threat detection across Kaseya's MSP customer base.

Xcelerate Solutions, a portfolio company of McNally Capital, has acquired clearAvenue, a Columbia, Maryland-based provider of software development, AI/ML, big data analytics and cloud services for federal agencies. The acquisition expands Xcelerate's technical capabilities and the combined business will operate as Xcelerate Solutions, with the combined organization representing roughly 1,500 technology professionals.

Bain Capital Real Estate, working with marina operator BlueWater Marinas, has acquired Kent Narrows Boatel (KNB), a Class-A heated drystack marina on Kent Island, Maryland. The property — which offers 375 slips and over 12,000 square feet of commercial space — will become the fourth marina in the Bain/BlueWater portfolio and will be operated to enhance customer experience and regional market presence.

Merit Financial Advisors acquired Obsidian Planning Solutions, adding $476 million in client assets and opening two new offices in Rockville and Columbia, Maryland. The deal—Merit's 50th acquisition—deepens Merit's business succession planning capabilities as partners Patrick Carroll and Todd Feldman and their team join Merit; financial terms were not disclosed.

Vectra AI has acquired Netography, a cloud-native network observability vendor, to integrate Netography Fusion into the Vectra AI platform (rebranded as Vectra Fusion) and strengthen visibility across hybrid and multi-cloud environments. The deal combines Netography's agentless, software-defined observability with Vectra AI's AI-driven attack signal clarity to expand the platform's cloud-network security capabilities.

Elation Lighting Inc. has acquired the X-Laser brand and assets and launched X-Laser USA, an independent company operating from X-Laser’s Laurel, Maryland facility. The acquisition adds high-powered laser projectors and engineering capabilities to Elation’s product portfolio while establishing U.S.-based manufacturing and an East Coast service center.

Northrim Horizon, a Mesa, Arizona-based permanent capital investment firm, has acquired ACG Systems, a Maryland-based systems integrator and technical service provider for mission-critical wireless communication systems. Northrim named Thomas Montalbano as CEO and said ACG will serve as a platform for additional organic growth and acquisitions in the wireless communication services industry.

Salt Creek Capital has acquired Real Diagnostics, LLC (RealDx), a Reisterstown, Maryland-based specialist diagnostic laboratory serving physician offices and clinics across 17 states. HCAP Partners has invested to support Salt Creek's acquisition and to help RealDx scale operations, expand geographic reach, and enhance workforce and service capabilities; terms were not disclosed.

Chicago-based private equity firm ParkerGale has made a growth investment in RedZone Technologies, an Annapolis-headquartered managed security service provider (MSSP). The investment will support RedZone's organic and inorganic growth plans, expand partner relationships, and accelerate sales and marketing while RedZone focuses on security, compliance, and service delivery for highly regulated industries.

Graycliff Partners has made an investment in Vytex, LLC, a Laurel, Maryland-based manufacturer and installer of vinyl windows and patio/storm doors. Brookside Capital Partners provided subordinated debt and an equity co-invest to support Graycliff's investment; Graycliff and Vytex management plan to pursue organic and inorganic growth, new product development and geographic expansion.

CloserStill Media has acquired Billington CyberSecurity, the U.S.-based organiser of leading public-sector cybersecurity conferences and year-round leadership programs. The deal (terms undisclosed) strengthens CloserStill's North American events portfolio and expands its cybersecurity and government-focused event offerings; Billington's leadership team will remain in place.

Beacon Pointe Advisors has acquired The Family Firm, a Bethesda-based registered investment adviser managing $857 million in assets and a 10-person team. The deal, which closed on September 15, 2025, raises Beacon Pointe's assets under advisement to approximately $49 billion and strengthens its Mid-Atlantic/D.C. presence and women's advisory capabilities.

Grizzly MEP announced a partnership to add Excel Mechanical Contractors, LLC, a Baltimore-based full-service mechanical and electrical contractor, to its Commercial MEP platform. The move — backed by sponsor Garnett Station Partners — expands Grizzly's footprint into the D.C., Maryland and Virginia Mid-Atlantic markets and is intended to accelerate growth and broaden service offerings.

EverTrue has acquired DonorSearch to combine DonorSearch’s AI-powered donor intelligence and philanthropic dataset with EverTrue’s donor engagement and outreach capabilities. The deal — by EverTrue, which is backed by Rubicon Technology Partners — aims to embed deeper intelligence and automation across fundraising workflows to help nonprofit customers identify and engage high-potential prospects more effectively.

Frost Law has acquired Nager Law Group, bringing veteran bankruptcy attorney Alon Nager into Frost Law as a Director. The acquisition expands Frost Law’s consumer bankruptcy capabilities and strengthens its Baltimore–Washington area footprint.