Tracked deals
891
891 tracked deals across 2006-2026.
Acquisitions in Minnesota
Buyer mix
Mixed buyer set
697 strategic · 497 pe
Top trend
Volume peaked in 2024
140 tracked deals announced in 2024.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| O2 Investment Partners | 8 | Midwestern private equity firm that forms and backs lower... | PE |
| Northstar Capital | 6 | Investment manager specializing in junior capital, mezzan... | PE |
| Straightaway Tire & Auto | 6 | Independent, multi-location aftermarket automotive repair... | Strategic (PE-backed) |
| Arcline Investment Management | 5 | Growth-oriented private equity firm focused on building i... | PE |
| Clearlake Capital Group, L.P. | 5 | Private investment firm focused on software, technology-e... | PE |
| TA Associates | 5 | Global growth private equity firm focused on technology, ... | PE |
| Arsenal Capital Partners | 4 | Private equity firm specializing in middle‑market special... | PE |
| Arthur J. Gallagher & Co. | 4 | Global insurance brokerage, risk management and consultin... | Strategic |
| Bertram Capital | 4 | Lower middle‑market private equity firm focused on contro... | PE |
| Francisco Partners | 4 | Global private equity firm focused on technology and tech... | PE |
Acquisition Volume in in Minnesota by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
June 25, 2026
- Buyer
- Merck KGaA
- Target
- Bio-Techne
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Merck KGaA entered into a definitive agreement to acquire Bio-Techne for $73 per share in cash, valuing the deal at about $11.3 billion (€9.9 billion). The acquisition is intended to strengthen Merck KGaA’s position across fast-growing life-sciences markets by adding Bio-Techne’s multi-omics, analytical technologies, and integrated workflow solutions.
-
June 24, 2026
- Buyer
- DUOS
- Target
- Linkwell Health
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
DUOS, a “performance infrastructure for health plans,” announced it has acquired Linkwell Health to strengthen its end-to-end platform from enrollment through care completion and health outcomes. The acquisition deepens DUOS’ AI-powered activation layer and expands its footprint to more than 20 health plans nationwide.
-
June 23, 2026
- Buyer
- Reverence Capital Partners
- Target
- Eide Bailly
- Industry
- Accounting & Tax
- Location
- Minnesota, United States
- Type
- Growth capital
Reverence Capital Partners has entered into a definitive agreement to make a significant investment in Eide Bailly, an accounting and advisory firm. The capital is intended to accelerate Eide Bailly’s strategy and expand investment in talent, technology, and evolving service capabilities, while Eide Bailly continues under its current leadership team.
-
June 18, 2026
- Buyer
- DXP Enterprises, Inc.
- Target
- General Repair Service
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Addon
DXP Enterprises, Inc. has completed the acquisition of General Repair Service, a Minnesota-based provider of pumps, blowers, and related process equipment for water and wastewater and industrial markets. DXP says the deal furthers its national water and wastewater strategy and adds service and repair capabilities to its DXP Water platform.
-
June 18, 2026
- Buyer
- Premier Biotech, Align Capital Partners
- Target
- NexScreen, TransMed
- Seller
- John Debrovner (CEO of NexScreen), Ted Bernhardt (owner of TransMed)
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Addon
Align Capital Partners-backed Premier Biotech announced the acquisitions of NexScreen and TransMed to expand its product portfolio, e-commerce capabilities, and global footprint. NexScreen adds point-of-care diagnostic testing presence in Australia and New Zealand, while TransMed strengthens Premier’s catalog and online distribution to 1,000+ direct customer accounts.
-
- Buyer
- Truelink Capital
- Target
- Horwitz
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Growth capital
Truelink Capital entered into a definitive agreement to make a significant investment in Horwitz, a Minneapolis-based mechanical, electrical, and plumbing (MEP) services provider serving the Twin Cities region. Horwitz’s CEO Matt Dekkers and management will continue to lead the business and retain a significant ownership stake, with Truelink supporting operational improvements and future expansion via acquisitions.
-
June 16, 2026
- Buyer
- Bertram Capital, Bluebird's founders
- Target
- The Bluebird Group
- Seller
- H.I.G. Capital
- Industry
- Data & Analytics
- Location
- Minnesota, United States
- Type
- Recapitalization
H.I.G. Capital sold its minority stake in The Bluebird Group as part of a recapitalization of the omnichannel commerce services company by Bluebird’s founders and Bertram Capital. Financial terms were not disclosed. Bluebird is headquartered in Minneapolis and provides data and analytics-driven commerce solutions across retail media, social commerce, marketplaces, creative, and related services.
-
June 12, 2026
- Buyer
- Sleep Country Canada
- Target
- Sleep Number Corporation, Sleep Country Canada
- Industry
- Consumer Products
- Location
- Minnesota, United States
- Type
- Buyout
Sleep Number Corporation entered into an agreement to combine with Sleep Country Canada, creating a leading North American mattress and bedding company. The transaction is being pursued through a voluntary Chapter 11 (Section 363) court-supervised sale process, with Sleep Country Canada serving as the “stalking horse” bidder and subject to court approval and higher/better offers.
-
June 11, 2026
- Buyer
- Chase Corporation
- Target
- Sheldahl
- Seller
- Flex
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Chase Corporation announced it acquired Sheldahl from Flex to expand Chase’s engineered materials capabilities, particularly specialized thin-film technologies for aerospace and electronics. The transaction closed upon signing; financial terms were not disclosed, and Sheldahl employees will join Chase’s employee ownership program.
-
June 10, 2026
- Buyer
- Ridgewood Infrastructure LLC
- Target
- Dauntless Air
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Ridgewood Infrastructure LLC acquired Dauntless Air, an aerial firefighting and emergency management infrastructure provider focused on wildfire response under long-term government contracts. Dauntless will continue to be led by CEO Brett L’Esperance and the existing management team, with Ridgewood supporting investment in operational capabilities, customer partnerships, and strategic growth initiatives.
-
June 3, 2026
- Buyer
- Cadence Education
- Target
- Especially for Children
- Seller
- Angie Williams (Former Owner)
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Cadence Education acquired Especially for Children, a nine-school early childhood education provider serving families across the Minneapolis–St. Paul metropolitan area in Minnesota. The deal expands Cadence Education’s national footprint to 350 private preschools and deepens its presence in the Twin Cities market while maintaining continuity for enrolled families and staff.
-
- Buyer
- Atmosphere Commercial Interiors
- Target
- Acre (formerly known as General Office Products)
- Seller
- John Boss, Dave Boss, Jack Boss (late co-founder, referenced)
- Industry
- Retail
- Location
- Minnesota, United States
- Type
- Buyout
Atmosphere Commercial Interiors, an Omni company headquartered in Minneapolis, Minnesota, acquired Acre (formerly General Office Products) effective June 1, 2026. Both are Steelcase furniture dealerships serving the greater Minneapolis market, and the combined organization plans a phased integration while expanding capabilities in education and the public sector.
-
- Buyer
- Straylight Capital, Scaleworks
- Target
- Patron Points
- Industry
- Cloud & SaaS
- Location
- Minnesota, United States
- Type
- Growth capital
Patron Points, a Woodbury, Minnesota-based loyalty and customer engagement software provider for convenience stores, secured a strategic growth investment led by Straylight Capital. The round also included Scaleworks and other Straylight co-investors, and the company plans to expand nationally and advance its loyalty, promotions, portal, self-service tools, and AI-powered business intelligence.
-
May 26, 2026
- Buyer
- Northern Oil and Gas, Inc., Carnelian Energy Capital Management, L.P.
- Target
- Parallax Energy Operating Inc., Light-Oil Duvernay Assets (Duvernay East Shale Basin)
- Seller
- Parallax Energy Operating Inc. (Seller referenced for the assets/interest)
- Industry
- Oil & Gas
- Location
- Minnesota, United States
- Type
- Buyout
Northern Oil and Gas (NOG) has agreed to purchase an undivided 25% interest in Parallax Energy Operating Inc.’s Light-Oil Duvernay assets for an initial unadjusted purchase price of CA$350 million (about US$259 million). The transaction is funded with NOG common stock plus cash and includes potential CA$25 million contingent consideration, with NOG expecting to close late in the second quarter of 2026.
-
May 21, 2026
- Buyer
- Trinity Hunt Partners
- Target
- Landscape Endeavors
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Dallas-based Trinity Hunt Partners closed its first platform investment under a buy-and-build strategy, acquiring Minnesota-based Landscape Endeavors to form Elevation Landscape Group. The combined business targets a national commercial landscaping platform using the acquired company as an anchor for future add-on acquisitions across North America.
-
May 21, 2026
- Buyer
- Graco Inc.
- Target
- Valco Melton
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Graco Inc. has entered into a definitive agreement to acquire Valco Melton, a provider of precision adhesive application and quality assurance systems, for $447 million in cash (including the present value of approximately $40 million in expected tax benefits). The transaction is expected to close in Graco’s fiscal third quarter, pending customary closing conditions.
-
- Buyer
- Installed Building Products, Inc.
- Target
- Diamond Energy Systems, Inc. (DESI)
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Addon
Installed Building Products, Inc. (NYSE: IBP) announced the acquisition of Diamond Energy Systems, Inc. (DESI), a Minnesota-based mechanical insulation services company. The deal adds approximately $12 million in annual revenue and expands Installed Building Products’ mechanical insulation offerings across the Upper Midwest retrofit market.
-
- Buyer
- SJE, Inc.
- Target
- Anchor Scientific, Inc.
- Seller
- John Potter, David Potter
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
SJE, Inc. announced the acquisition of Anchor Scientific, Inc., a manufacturer and distributor of switches and controllers for the water and wastewater industry. The deal expands SJE’s portfolio of liquid level floats and related products and will integrate Anchor into SJE’s Controls and Level Sensing Technology (CLT) division.
-
May 13, 2026
- Buyer
- Mann Lake Ltd.
- Target
- Apis Biologix
- Seller
- Andrew Munn
- Industry
- Food & Beverage
- Location
- Minnesota, United States
- Type
- Buyout
Mann Lake Ltd. has acquired Apis Biologix, the developer of bee nutritional supplements known among beekeepers as “Canadian Rocket Fuel.” The deal brings Apis Biologix’s proprietary bee nutrition science in-house and is expected to accelerate research and development of next-generation feeding solutions for both hobbyist and commercial beekeepers.
-
May 12, 2026
- Buyer
- Gallant Capital Partners
- Target
- NCCO
- Seller
- Existing family ownership group of NCCO (implied)
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Gallant Capital Partners acquired NCCO, a foodservice solutions provider that manufactures labels and other non-food consumables and offers automated labeling and technology-enabled food safety solutions. The investment partners with NCCO’s existing family ownership group and management team to support continued investment in people, products, technology platforms, and commercial capabilities.
-
May 4, 2026
- Buyer
- Frazier & Deeter
- Target
- Copeland Buhl
- Industry
- Accounting & Tax
- Location
- Minnesota, United States
- Type
- Buyout
Frazier & Deeter, a Top 50 accounting and advisory firm, announced it has acquired Minneapolis-based Copeland Buhl. The strategic acquisition establishes FD’s first Midwest footprint and expands its presence across the Twin Cities and the broader Minnesota marketplace.
-
April 29, 2026
- Buyer
- UFP Packaging (division of UFP Industries), UFP Industries, Inc.
- Target
- Berry Pallets, Inc.
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Type
- Buyout
UFP Industries (via its UFP Packaging division) announced the acquisition of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota. The deal is intended to expand UFP Packaging’s national pallet manufacturing network into the Upper Midwest and support growth with national customers through added manufacturing capacity and resources.
-
April 29, 2026
- Buyer
- Integrity
- Target
- TC Financial
- Industry
- Insurance
- Location
- Minnesota, United States
- Type
- Buyout
Integrity, an AI-first insurance and wealth distribution platform based in Dallas, acquired TC Financial, a Minneapolis-based independent marketing organization. The acquisition is intended to expand TC Financial’s access to Integrity’s AI-driven technology platform (IntegrityCONNECT and Ask Integrity) and broaden distribution capabilities, including Medicare-focused offerings. Financial terms were not disclosed.
-
April 28, 2026
- Buyer
- O2 Investment Partners
- Target
- Steffl Drilling & Pump
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Growth capital
Steffl Drilling & Pump, a Minnesota water well drilling and repair services provider, secured private equity growth capital from O2 Investment Partners. The investment will support Steffl’s expansion as a platform to accelerate organic growth and acquisition-driven expansion across adjacent geographies, end markets, and service lines. Financial terms were not disclosed.
-
April 28, 2026
- Buyer
- Corporate Technologies, LLC, Tonka Bay Equity Partners, Northstar Capital
- Target
- RPM Technologies, LLC
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Addon
Corporate Technologies, a national managed IT services and cybersecurity provider for small and mid-sized businesses, acquired RPM Technologies, LLC. The deal expands Corporate Technologies' footprint to 21 markets nationwide and strengthens its ability to support organizations in highly regulated, compliance-driven environments, particularly Life Sciences.
-
- Buyer
- Presidio Investors
- Target
- Edge Home Finance
- Industry
- Financial Services
- Location
- Minnesota, United States
- Type
- Growth capital
Presidio Investors has completed a strategic investment in Edge Home Finance, a mortgage brokerage platform headquartered in Minnetonka, Minnesota. The investment is intended to accelerate growth by funding technology and operational infrastructure and supporting future acquisitions, while Edge continues operating with its existing leadership and platform.
-
April 21, 2026
- Buyer
- steute Technologies GmbH & Co. KG, Battery Ventures
- Target
- Electro-Sensors, Inc.
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Addon
steute Technologies GmbH & Co. KG has entered into a definitive merger agreement to acquire Electro-Sensors, Inc. for $7.75 in cash per share, representing about a 75% premium over the April 20, 2026 closing price. The deal is expected to close in the first half of 2026, after Electro-Sensors shareholder and other customary regulatory approvals, and would make Electro-Sensors a wholly owned subsidiary.
-
April 14, 2026
- Buyer
- CTI
- Target
- Nomad AV Systems
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Buyout
CTI, a privately held U.S. AV integration and events provider, acquired Nomad AV Systems, based in Eden Prairie, Minnesota. Nomad’s ~20 years of courtroom AV experience is intended to strengthen CTI’s Justice Division with courtroom audiovisual design and integration capabilities.
-
- Buyer
- Premier Biotech, Align Capital Partners
- Target
- GH Solutions
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Align Capital Partners-backed Premier Biotech has acquired GH Solutions, a distributor of point-of-care diagnostic testing products. The deal expands Premier’s customer base and broadens the solutions GH can offer to Premier’s existing network, with focus on government and workplace customers.
-
April 8, 2026
- Buyer
- Mortenson
- Target
- Nor-Cal Controls
- Industry
- Infrastructure
- Location
- Minnesota, United States
- Type
- Buyout
Mortenson announced it has acquired Nor-Cal Controls, a controls systems provider specializing in energy management control systems for solar, battery energy storage, and microgrid applications. The acquisition is intended to strengthen Mortenson’s capability to deliver increasingly complex energy and infrastructure projects by combining advanced controls expertise with its engineering, procurement, and construction (EPC) capabilities.
-
- Buyer
- NFP
- Target
- Sherman Insurance Agency, Inc.
- Industry
- Financial Services
- Location
- Minnesota, United States
- Type
- Buyout
NFP, an Aon company, announced it has acquired Sherman Insurance Agency, Inc., a full-service insurance brokerage specializing in trucking, commercial, personal, and benefits coverage. The deal strengthens NFP’s Transportation and Logistics practice and expands its presence across Minnesota and the Upper Midwest.
-
March 31, 2026
- Buyer
- Luther Automotive Group
- Target
- Eich Mazda, Eich Volkswagen, Eich Motor Company
- Seller
- Linda Eich-Desjardins
- Industry
- Retail
- Location
- Minnesota, United States
- Type
- Buyout
Luther Automotive Group acquired Eich Mazda and Eich Volkswagen in Saint Cloud, Minnesota from Linda Eich-Desjardins and the Eich Motor Company family. The dealerships will remain at their current locations under the same names, with Luther continuing operations in Central Minnesota.
-
March 30, 2026
- Buyer
- ETS Performance
- Target
- Kula Sports Performance (KSP)
- Seller
- Brian Kula (Founder and Managing Partner of Kula Sports Performance)
- Industry
- Professional Services
- Location
- Minnesota, United States
- Type
- Buyout
ETS Performance, a youth athlete performance training organization, announced that it acquired Denver-based Kula Sports Performance (KSP). The acquisition expands ETS’s national athlete training platform, bringing together two science-based training organizations to support more than 50,000 athletes across roughly 80 locations in the United States.
-
March 30, 2026
- Buyer
- Bansk Group
- Target
- So Good So You
- Seller
- Prelude Growth Partners
- Industry
- Food & Beverage
- Location
- Minnesota, United States
- Type
- Buyout
Bansk Group entered into a definitive agreement to acquire a majority interest in So Good So You, the functional wellness shot brand known for refrigerated wellness shots. Prelude Growth Partners will exit its minority stake, while co-founders Rita Katona and Eric Hall will continue as equity holders and maintain board seats. Terms were not disclosed and the deal is subject to customary closing conditions and regulatory approval.
-
- Buyer
- LJP Waste Solutions
- Target
- United Liquid Waste Recycling, United Grease, United Logistics, United Septic and Drain
- Seller
- Robert Tracy Jr., Jason Tracy
- Industry
- Environmental Services
- Location
- Minnesota, United States
- Type
- Buyout
LJP Waste Solutions has announced its acquisition of United Liquid Waste Recycling and related businesses (United Grease, United Logistics, and United Septic and Drain), collectively ULWR. The deal is intended to expand LJP’s capabilities and grow its geographic footprint, particularly to support expansion in the Wisconsin and Illinois markets. ULWR founders Robert Tracy Jr. and Jason Tracy will continue to run the ULWR business post-acquisition.
-
March 23, 2026
- Buyer
- CrossCountry Mortgage, LLC (CCM), CrossCountry Intermediate Holdco, LLC, CrossCountry Merger Corp.
- Target
- Two Harbors Investment Corp.
- Industry
- Financial Services
- Location
- Minnesota, United States
- Type
- Buyout
CrossCountry Mortgage (via an affiliate) has reaffirmed its commitment to acquire Two Harbors Investment Corp. pursuant to the parties’ signed merger agreement. Two shareholders will receive $12.00 per share in cash (plus a pro-rated stub dividend) and the transaction is expected to close in August 2026, subject to remaining regulatory approvals and customary closing conditions.
-
March 20, 2026
- Buyer
- Environmental Lights, Pfingsten
- Target
- Nova Flex
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Type
- Buyout
Environmental Lights, a U.S. LED lighting solutions innovator, acquired Nova Flex, a linear lighting provider based in St. Cloud, Minnesota. Nova Flex will continue to operate independently under President David Kidd, while the combined companies aim to broaden product and application breadth and accelerate Nova Flex’s growth.
-
March 19, 2026
- Buyer
- Sterling Investment Partners
- Target
- Cyber Advisors
- Industry
- Cybersecurity
- Location
- Minnesota, United States
- Type
- Buyout
Sterling Investment Partners has acquired Cyber Advisors, a provider of managed security services, cybersecurity consulting, and IT technology solutions. Cyber Advisors, founded in 1997 and headquartered in Maple Grove, Minnesota, serves small, mid-sized, and enterprise clients and supports 1,800+ customers nationwide with a team of 330+ professionals.
-
- Buyer
- 3M, Bain Capital
- Target
- Madison Fire & Rescue, Madison Fire 60 Rescue, Madison Fire 6 Rescue, Scott Safety
- Seller
- Madison Industries
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
3M entered into a definitive agreement with Bain Capital to form a new joint venture to acquire Madison Fire & Rescue for $1.95 billion. Under the deal, 3M will contribute its Scott Safety business and receive $700 million in cash at closing, with 3M owning 50.1% and Bain Capital owning 49.9%. The transaction is expected to close in the second half of 2026, subject to customary conditions.
-
March 12, 2026
- Buyer
- GreatWater 360 Auto Care, Kinderhook Industries
- Target
- Leighton's Garage
- Industry
- Transportation
- Location
- Minnesota, United States
- Type
- Addon
GreatWater 360 Auto Care acquired Leighton's Garage, a shop in the Twin Cities metro area, marking GreatWater’s entry into Minnesota. The acquisition expands GreatWater’s network to 150 locations nationwide and supports its strategy of partnering with independent operators and integrating them into a centralized support platform backed by Kinderhook Industries.
-
March 10, 2026
- Buyer
- Chicago Pacific Founders
- Target
- Nexben
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Growth capital
Chicago Pacific Founders (CPF) announced a strategic investment in Nexben, an end-to-end benefits utility hub focused on defined contribution and ICHRA strategies. As part of the investment, Mark Smith (operating partner at CPF) was appointed CEO of Nexben.
-
March 3, 2026
- Buyer
- Decks & Docks Company
- Target
- Pro Deck Supply
- Industry
- Building Products
- Location
- Minnesota, United States
- Type
- Addon
Decks & Docks Company, backed by CCMP Growth, has acquired Pro Deck Supply. The deal expands Decks & Docks’ presence into Minnesota and strengthens its specialty decking/building-products distribution footprint.
-
February 26, 2026
- Buyer
- Prep Network
- Target
- Coast 2 Coast Preps
- Industry
- Media & Entertainment
- Location
- Minnesota, United States
- Type
- Buyout
Prep Network, a youth sports platform focused on live events, subscription content, and collegiate athlete recruitment, acquired Coast 2 Coast Preps, a national middle school basketball events and coverage provider. The acquisition is intended to connect Prep Hoops (Prep Network’s high school basketball brand) with middle school programming, creating an end-to-end development and exposure pathway.
-
February 26, 2026
- Buyer
- Tonka Bay Equity Partners LLC
- Target
- CAMP Digital
- Industry
- Marketing & Advertising
- Location
- Minnesota, United States
- Type
- Growth capital
Tonka Bay Equity Partners LLC made a strategic investment in CAMP Digital, a tech-enabled marketing platform for the home services industry. The funding is intended to fuel CAMP’s next phase of aggressive expansion while maintaining founder-led operational continuity.
-
February 26, 2026
- Buyer
- Kava Equity Partners, Southern Ute Indian Tribe Growth Fund
- Target
- The Berg Group
- Industry
- Construction
- Location
- Minnesota, United States
- Type
- Buyout
Kava Equity Partners, the direct private equity investment arm of the Southern Ute Indian Tribe Growth Fund, has acquired The Berg Group, a Minnesota-based specialty contractor focused on industrialized construction, prefabrication and modular systems. The Berg will retain its existing management team and operate with added resources from Kava and the Southern Ute Indian Tribe Growth Fund to expand nationwide capabilities in high-performance environments such as data centers, cleanrooms and advanced manufacturing facilities.
-
February 23, 2026
- Buyer
- Arctic Wolf Networks, Inc.
- Target
- Sevco Security
- Industry
- Cybersecurity
- Location
- Minnesota, United States
- Type
- Buyout
Arctic Wolf Networks acquired Sevco Security to expand exposure assessment capabilities for its Arctic Wolf Aurora Platform. Sevco’s cloud-native exposure assessment technology will be integrated into Aurora to unify asset intelligence, vulnerability context, and security control coverage across hybrid environments.
-
February 19, 2026
- Buyer
- Vanguard Renewables
- Target
- E-Z Recycling
- Seller
- Andy Rausch
- Industry
- Environmental Services
- Location
- Minnesota, United States
- Type
- Addon
Vanguard Renewables acquired E-Z Recycling, a St. Paul, Minnesota depackaging and food & beverage waste recycling facility, to expand Vanguard’s Midwest organics recycling network. The deal adds critical depackaging capabilities and more processing capacity to Vanguard’s anaerobic digestion and renewable natural gas (RNG) operations.
-
Justin Nihiser, Barry Gibson, and Matt Rogers Acquire WonderPlay Brands (Parent of Kidcreate Studio)February 19, 2026
- Buyer
- Justin Nihiser, Barry Gibson, Matt Rogers
- Target
- WonderPlay Brands
- Industry
- Education
- Location
- Minnesota, United States
- Type
- Buyout
Justin Nihiser, Barry Gibson, and Matt Rogers have announced a majority acquisition of WonderPlay Brands, the parent company of Kidcreate Studio, a youth enrichment franchise focused on art, creativity, play, and childhood development. The new ownership group says it will retain existing curriculum and studio leadership while enhancing shared services, marketing systems, and franchise development strategy to accelerate U.S. growth.
-
February 19, 2026
- Buyer
- Podean, Mountaingate Capital
- Target
- Ad Advance
- Seller
- Permanent Equity
- Industry
- Marketing & Advertising
- Location
- Minnesota, United States
- Type
- Addon
Marketplace-focused agency Podean has acquired Ad Advance, a Duluth, Minnesota–based retail media agency, from Permanent Equity. The deal—facilitated by Podean's private equity partner Mountaingate Capital—adds Ad Advance’s Streamline technology and retail-media/DSP capabilities to Podean’s global marketplaces platform and was announced as creating a combined business with ~260 staff across 17 countries.
-
February 19, 2026
- Buyer
- United Aesthetics Alliance
- Target
- LivSkin MedSpa | Laser
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Addon
United Aesthetics Alliance (UAA), a platform of plastic surgery practices and medspa brands, has partnered with/acquired LivSkin MedSpa | Laser, a Minneapolis-area medical spa with locations in Minnetonka and Excelsior. The deal expands UAA's non-surgical aesthetics capabilities and strengthens its presence in the Minneapolis–St. Paul market.
Full Export
Purchase this data
Get the full acquisitions list for this page as CSV + XLSX.
Find buyers active in Minnesota
Turn current acquisition activity in Minnesota into an outreach-ready buyer list.
Related Acquisition Pages
Private Equity-Backed Acquisitions in Minnesota
Acquisitions in Minnesota in 2026
Healthcare Services Acquisitions in Minnesota
Accounting & Tax Acquisitions in Minnesota
Industrial Services Acquisitions in Minnesota
Data & Analytics Acquisitions in Minnesota
Consumer Products Acquisitions in Minnesota
Retail Acquisitions in Minnesota