Tracked deals
97
97 tracked deals across 2026.
Acquisitions in Minnesota in 2026
Buyer mix
Mixed buyer set
72 strategic · 40 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 |
|---|---|---|---|
| Align Capital Partners | 2 | Growth-oriented private equity firm partnering with manag... | PE |
| Arcline Investment Management | 2 | Growth-oriented private equity firm building industrial c... | PE |
| Bertram Capital | 2 | Private equity firm investing in lower middle‑market comp... | PE |
| Mann Lake Ltd. | 2 | Manufacturer and distributor of beekeeping supplies with ... | Strategic |
| Premier Biotech | 2 | Rapid diagnostic testing solutions provider delivering or... | Strategic (PE-backed) |
| 3M | 1 | Diversified global manufacturer focused on industrial, tr... | Strategic |
| Allegiant Travel Company | 1 | Leisure-focused U.S. airline operator focused on low-cost... | Strategic |
| Apax Digital Funds | 1 | Apax’s growth equity arm invests in high-growth enterpris... | PE |
| Arctic Wolf Networks, Inc. | 1 | Security operations platform provider offering cloud-nati... | Strategic |
| Arxis, Inc. | 1 | Publicly traded industrial compounder acquiring and opera... | Strategic |
Acquisition Volume in in Minnesota in 2026 by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
September 15, 2026
- Buyer
- NFP (an Aon company)
- Target
- Moores Insurance Management, Inc.
- Seller
- Mark Moores, Jack Moores
- Industry
- Insurance
- Location
- Minnesota, United States
- Type
- Buyout
NFP, an Aon company, announced the acquisition of Moores Insurance Management, Inc., a multi-disciplinary risk management firm based in Minneapolis, Minnesota. The deal is intended to expand NFP’s property and casualty (P&C) risk capital capabilities in the Twin Cities market by combining Moores’ local relationships with NFP’s broader resources.
-
September 12, 2026
- Buyer
- Franklin Electric
- Target
- Cat Pumps Corporation
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Franklin Electric completed the acquisition of Cat Pumps Corporation, a manufacturer of high-pressure positive displacement pumps, for $350 million in cash plus potential earnout consideration up to $50 million in Franklin Electric stock. The total potential deal value is up to $400 million, and Cat Pumps will operate under its brand within Franklin Electric’s Energy Systems segment.
-
September 3, 2026
- Buyer
- Vitality
- Target
- Icario
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Vitality announced the acquisition of Icario, a digital-first health action company that helps health payers motivate hard-to-reach members to take meaningful steps toward better health outcomes. The combined organization aims to connect member activation and ongoing engagement with population health results, expanding Vitality’s reach in the U.S. market to serve 19 million members across 30% of U.S. health plans.
-
August 31, 2026
- Buyer
- BGM
- Target
- John T. Chipman & Company, LLP
- Industry
- Accounting & Tax
- Location
- Minnesota, United States
- Type
- Addon
BGM, a full-service accounting, tax, audit, and advisory firm headquartered in Bloomington, Minnesota, announced it has combined with John T. Chipman & Company, LLP (JTC), an accounting and advisory firm based in Norwood, Massachusetts. JTC will operate under the BGM name immediately, with its partners and team continuing to serve clients from the Norwood office, marking BGM’s first Northeast presence in the Boston area.
-
August 26, 2026
- Buyer
- Hidden Harbor Capital Partners, Monroe Capital LLC
- Target
- Escape Fire Protection Inc.
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Hidden Harbor Capital Partners acquired Escape Fire Protection Inc. (EFP), a regional fire, life & safety provider focused on commercial and industrial customers in Minnesota and the broader Midwest. Monroe Capital acted as sole lead arranger and administrative agent for the senior credit facility that funded the acquisition.
-
August 25, 2026
- Buyer
- FORTÉ
- Target
- Vega Global
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Buyout
FORTÉ, a workplace communication and collaboration solutions provider, announced its acquisition of Vega Global, described as APAC's largest systems integrator for workplace technology and audiovisual solutions. The deal is intended to expand FORTÉ’s international presence and improve its ability to deliver and support global customers with local expertise.
-
August 24, 2026
- Buyer
- Mann Lake Ltd.
- Target
- Hive Hugger
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Type
- Buyout
Mann Lake Ltd., a beekeeping supplies manufacturer and distributor, announced it is acquiring Hive Hugger, a developer of insulation products for condensing-hive beekeeping. Hive Hugger’s co-founder Peggy DeSanto will remain an active ambassador, while production and distribution will move to Mann Lake’s headquarters in Hackensack, Minnesota.
-
August 17, 2026
- Buyer
- Concentra
- Target
- Minnesota Occupational Health (MOH) medical centers (four locations in the Twin Cities)
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Concentra completed its acquisition of four Minnesota Occupational Health (MOH) medical centers in the Twin Cities (Coon Rapids, Eagan, St. Paul, and Shakopee). Beginning August 17, the centers will operate under the Concentra brand and continue serving existing patients and employer customers while integrating Concentra’s clinical standards and technology.
-
- Buyer
- Sunstar Insurance Group, LLC
- Target
- RJR Faribo Insurance Agency
- Industry
- Financial Services
- Location
- Minnesota, United States
- Type
- Addon
Sunstar Insurance Group, backed by Reverence Capital Partners, partnered with and added RJR Faribo Insurance Agency to expand its Midwest presence, marking its first agency in Minnesota. The 22-employee agency, based in Eden Prairie and Faribault, becomes part of Sunstar’s integrated insurance brokerage platform.
-
- Buyer
- Switzer-CARTY Transportation Services Inc.
- Target
- Agnes Corporation
- Industry
- Transportation
- Location
- Minnesota, United States
- Type
- Buyout
Switzer-CARTY Transportation Services Inc. has entered into a definitive agreement to acquire Agnes Corporation and its group of operating subsidiaries. The deal marks Switzer-CARTY’s first cross-border expansion into the United States and is pending customary regulatory approvals, including review by the U.S. Surface Transportation Board.
-
July 29, 2026
- Buyer
- Investcorp
- Target
- Berger Financial Group, Inc.
- Industry
- Wealth Management
- Location
- Minnesota, United States
- Type
- Growth capital
Investcorp, a global alternative investment firm, has invested in Berger Financial Group, Inc., a full-service wealth management platform serving individual investors and retirement savers across the United States. The investment is intended to accelerate Berger’s growth, expand capabilities, and scale the planning-first, fee-based wealth management model in a fragmented North American RIA market.
-
July 24, 2026
- Buyer
- Carrier Global Corporation
- Target
- 75F
- Industry
- Cloud & SaaS
- Location
- Minnesota, United States
- Type
- Buyout
Carrier Global acquired 75F, a Minneapolis-based developer of cloud-native, wireless, AI-enabled building automation systems. The deal strengthens Carrier’s intelligent-building strategy by integrating 75F’s unified data layer, AI capabilities, and auto-commissioning into Carrier’s existing controls, predictive analytics, and data center thermal management platform.
-
- Buyer
- Betco Corporation
- Target
- Multi-Clean
- Seller
- Minuteman International
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Type
- Divestiture
Betco entered into a definitive agreement to acquire Multi-Clean, a Minnesota-based commercial cleaning chemical manufacturer, from Minuteman International (a member of the Hako Group). In the same transaction, Betco will divest its powered equipment business to Minuteman, with the deal expected to close on July 31.
-
July 20, 2026
- Buyer
- Apax Digital Funds
- Target
- Inspectorio
- Industry
- Cloud & SaaS
- Location
- Minnesota, United States
- Type
- Growth capital
Inspectorio, an AI-powered supply chain quality and risk management platform, announced a growth investment from the Apax Digital Funds. The funding is intended to accelerate development of its Paramo AI layer, expand into new industry verticals, and scale commercial operations for the platform used by brands and retailers and their supplier networks globally.
-
July 17, 2026
- Buyer
- Sizemore, Inc., Inspirit Equity
- Target
- Carlson Building Maintenance
- Seller
- Nick Giese, Kaylee Brown
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Addon
Sizemore, Inc. (backed by Inspirit Equity) has signed a definitive agreement to acquire Carlson Building Maintenance, a Minneapolis-based janitorial and facility services provider serving retail, grocery, and commercial customers across the Midwest. The deal establishes Carlson as a dedicated, retail-focused division within Sizemore, preserving its leadership team, workforce, and customer relationships.
-
July 15, 2026
- Buyer
- TRUMPF
- Target
- Mate Precision Technologies
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
TRUMPF has signed an agreement to acquire Mate Precision Technologies, expanding its punching and bending tooling portfolio for sheet metal fabricators worldwide. Mate will continue operating independently under its existing brand, with its management and international teams remaining in place.
-
- Buyer
- Paddletek Group, Thirty-5 Capital
- Target
- PIKKL
- Seller
- Mike Strommen, Dan Martinson
- Industry
- Consumer Products
- Location
- Minnesota, United States
- Type
- Addon
Paddletek Group announced the acquisition of PIKKL, a performance pickleball paddle company, as part of its strategy to expand its technology and product portfolio. Alongside the acquisition, Paddletek also signed professional pickleball players JW Johnson, Jorja Johnson, Julie Johnson, and Hurricane Tyra Black to expand Team Paddletek.
-
July 10, 2026
- Buyer
- Sentinel Capital Partners
- Target
- DecoPac Inc.
- Seller
- Kohlberg
- Industry
- Consumer Products
- Location
- Minnesota, United States
- Type
- Buyout
Sentinel Capital Partners acquired DecoPac, a cake-decorating solutions supplier, from private equity firm Kohlberg. DecoPac is headquartered in Anoka, Minnesota and serves over 25,000 customer locations across the United States, Canada, and the United Kingdom, including commercial customers and DIY decorators through expanding e-commerce.
-
- Buyer
- Frazier Healthcare Partners
- Target
- MatrixCare
- Seller
- ResMed
- Industry
- Cloud & SaaS
- Location
- Minnesota, United States
- Type
- Buyout
Frazier Healthcare Partners completed its acquisition of MatrixCare from ResMed. MatrixCare provides cloud-based EHR and revenue cycle management software for out-of-hospital/post-acute care settings such as skilled nursing, senior living, home health, hospice, and life plan communities.
-
- Buyer
- DecisionHR, Coalesce Capital
- Target
- Paymasters, Inc.
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Addon
Coalesce Capital’s portfolio company DecisionHR acquired Paymasters, Inc., a Minnesota-based professional employer organization (PEO) serving clients across the Midwest. The deal expands DecisionHR’s Upper Midwest presence and strengthens its PEO and HR outsourcing platform for small and mid-sized businesses.
-
July 7, 2026
- Buyer
- Transwestern
- Target
- Forte Real Estate Partners
- Industry
- Real Estate
- Location
- Minnesota, United States
- Type
- Buyout
Transwestern announced it has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The deal adds Forte’s healthcare, office, and industrial tenant advisory team members and expands Transwestern’s property management portfolio in the Minneapolis–St. Paul market.
-
June 25, 2026
- Buyer
- Merck KGaA
- Target
- Bio-Techne Corporation
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Merck KGaA has entered a definitive agreement to acquire Bio-Techne for $73 per share in an all-cash transaction valued at about $11.3 billion (enterprise value). The deal is expected to close in late 2026 or early 2027, subject to regulatory approvals and Bio-Techne shareholder approval.
-
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
- C.H. Robinson
- Target
- DeSpir Logistics
- Industry
- Transportation
- Location
- Minnesota, United States
- Type
- Buyout
C.H. Robinson acquired DeSpir Logistics, a North America provider of secure transportation and cargo escort services for mission-critical, high-value freight, for approximately $75 million in cash. The deal enhances C.H. Robinson’s premium logistics capabilities by expanding its security-focused, vetted carrier network and adding advanced high-security monitoring and tampering-detection technology.
-
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.
-
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 17, 2026
- Buyer
- Centri Business Consulting
- Target
- Altair Associates, Inc.
- Industry
- Accounting & Tax
- Location
- Minnesota, United States
- Type
- Buyout
Centri Business Consulting acquired Altair Associates, a Minneapolis-based property and casualty insurance and reinsurance underwriting and claims advisory firm. The transaction closed on June 12, 2026, marking Centri’s first acquisition and expanding its Insurance Practice.
-
June 16, 2026
- Buyer
- Dahl Automotive
- Target
- Happy Chrysler dealerships in Rochester (Hyundai and Chrysler Dodge Jeep Ram dealership properties)
- Seller
- Happy Auto Group
- Industry
- Retail
- Location
- Minnesota, United States
- Type
- Buyout
Family-owned Dahl Automotive acquired two Rochester dealerships—Hyundai and Chrysler Dodge Jeep Ram—from Happy Auto Group for $23.55 million. The deal closed on June 15, with almost 100 employees expected to remain and Dahl naming a new general manager, Chris Jessen.
-
- Buyer
- Truelink Capital
- Target
- Horwitz
- Seller
- Svoboda Capital Partners
- 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 provider of mechanical, electrical, and plumbing (MEP) services serving complex commercial and industrial facilities across the Twin Cities and broader Midwest. Horwitz’s management team, led by CEO Matt Dekkers, will continue to lead the business and retain a significant ownership stake. Financial terms were not disclosed.
-
June 16, 2026
- Buyer
- Bertram Capital, The Bluebird Group 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 the company’s founders and Bertram Capital recapitalized the business. The companies did not disclose financial terms. Bluebird is an omnichannel, data and analytics-driven commerce services partner headquartered in Minneapolis, Minnesota.
-
- Buyer
- Sleep Country Canada Inc.
- Target
- Sleep Number Corporation
- Industry
- Retail
- Location
- Minnesota, United States
- Type
- Buyout
Sleep Country Canada acquired substantially all of the assets of Sleep Number through a court-supervised Chapter 11 (Section 363) process. The deal was announced in June and completed on July 21, 2026, expanding Sleep Country Canada into the U.S. and making it the second-largest sleep retailer in the world.
-
June 11, 2026
- Buyer
- Chase Corporation
- Target
- Sheldahl
- Seller
- Flex
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Chase Corporation acquired Sheldahl from Flex to expand its aerospace and electronics engineered materials capabilities, particularly specialized thin-film technologies. The transaction closed upon signing and financial terms were not disclosed.
-
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 supporting wildfire response. Dauntless operates North America’s largest fleet of Fire Boss aircraft and delivers aerial firefighting capacity to government agencies under long-term availability-based contracts. Financial terms were not disclosed, and Dauntless will continue to be led by CEO Brett L’Esperance and the existing management team.
-
- Buyer
- Arxis, Inc., Arcline Investment Management
- Target
- Omnetics Connector Corporation, MagCanica Inc.
- Seller
- Omnetics long-term shareholders, MagCanica founders and employees
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
Arxis entered into a definitive agreement to acquire Omnetics Connector Corporation in an all-stock deal, and it previously completed the acquisition of MagCanica. The combined purchase price for the two transactions is approximately $890 million, representing about 12x FY27 estimated adjusted EBITDA, expanding Arxis’ Electronic Components segment for aerospace, defense, medical technology, and industrial applications.
-
June 3, 2026
- Buyer
- Cadence Education
- Target
- Especially for Children
- Seller
- Angie Williams (former owner of Especially for Children)
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Cadence Education has acquired Especially for Children, a nine-school early childhood education provider serving families across the Minneapolis-St. Paul metropolitan area. The deal expands Cadence’s national footprint to 350 private preschool schools across the United States while strengthening its presence in Minnesota.
-
- 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.
-
- 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
- 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 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 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.
-
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.
-
- 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.
-
- Buyer
- steute Technologies GmbH & Co. KG
- Target
- Electro-Sensors, Inc.
- Seller
- Certain significant shareholders of Electro-Sensors (via voting and support agreements), A group of shareholders (collectively referenced as sellers)
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
steute Technologies GmbH & Co. KG entered into a definitive merger agreement to acquire Electro-Sensors, Inc. for $7.75 in cash per share (about a 75% premium). The deal was expected to close in the first half of 2026, subject to shareholder and regulatory approvals.
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