Acquisitions in Mississippi in 2022

The Hilb Group acquired The Nowell Agency (effective December 1, 2022), expanding its property & casualty insurance footprint into Mississippi. The Nowell Agency — with offices in Brandon, Greenwood, Tupelo, Byram and Hattiesburg — will join Hilb’s national network to provide insurance products for both individuals and businesses.

Heartland Steel Holdings, a portfolio company of LFM Capital, has acquired SteelPro, a structural steel design and fabrication company based in Houston, Mississippi. The add-on expands Heartland's engineered products and fabrication capacity to better serve material handling integrators, general contractors and e-commerce/warehouse customers; terms were not disclosed.

P&S Transportation, a subsidiary of PS Logistics, acquired Clay's Transport, Inc. and its sister brokerage Clays Logistics LLC from Reed Capital Investors and James Waldrop. The deal, which closed October 31, 2022, adds a Mississippi terminal, drivers and freight-brokerage capabilities to PS Logistics' national flatbed and multi-modal network.

Kodiak Building Partners has acquired Sunrise Builders Supply, a two-location building materials distributor founded in Horn Lake, Mississippi, expanding Kodiak’s footprint into the Mississippi and Tennessee markets. Sunrise will continue operating locally under Kodiak’s ownership, which Kodiak says will provide additional vendor access, growth opportunities, and operational support.

Ed's Supply, a division of Heritage Distribution Holdings (backed by Gryphon Investors), has acquired Controlled Temp Supply, a wholesale HVAC/R parts and equipment distributor based in Oxford, Mississippi. Controlled Temp Supply will be rebranded as Ed's Supply as part of Heritage Distribution's ongoing add-on roll-up to expand its HVAC/R distribution footprint in the Midwest and Southeast.

U.S. Orthopaedic Partners (USOP), a private equity‑backed orthopedic platform, has acquired Bienville Orthopaedic Specialists, the largest orthopaedic provider on the Mississippi Gulf Coast. The add‑on expands the USOP platform to more than 170 providers across 39 locations and strengthens its footprint in southern Mississippi with Bienville’s five locations and specialty services including ambulatory surgery, physical therapy and robotic joint surgery.

RJ Young, a Nashville-based business technology solutions provider, has acquired Unitech, a Vicksburg, Mississippi dealer of digital imaging systems. The acquisition (Unitech's seven employees joining RJ Young's 650+ team) expands RJ Young's technology services into the Vicksburg area.

Tech24, a national provider of foodservice and commercial HVAC repair services backed by HCI Equity Partners, acquired TEMCO, Inc. on July 20, 2022. The add-on expands Tech24's footprint into the Southeastern U.S. (Jackson, Mississippi and the Gulf Coast), adding local talent and deeper exposure to foodservice and commercial HVAC customers.

CURO Group Holdings Corp. (NYSE: CURO) completed the cash acquisition of First Heritage Credit, a Ridgeland, Mississippi-based near-prime consumer lender, for $140 million. The deal adds funding capacity via a new $225 million non-recourse warehouse facility and supports CURO’s strategic shift toward longer‑term, higher‑balance installment lending.

Fortune International, LLC has acquired North Bay Seafood Inc., a D'Iberville, Mississippi-based distributor and processor of fresh oysters and frozen seafood products. Terms were not disclosed; the deal expands Fortune's Gulf States distribution footprint (Mississippi, parts of Arkansas and Alabama) and retains Danny Dreiling as Director of New Business Development.

EVI Industries, Inc. completed the acquisition of Pearl, Mississippi-based Laundry South (Laundry South Systems & Repair), its nineteenth distributor of commercial laundry products and provider of technical installation and maintenance services. The deal expands EVI’s sales and service footprint into Mississippi, increases its presence in eastern Louisiana, and the business will continue operating under its current name and location with existing employees.

Bradford Health Services has acquired The Estate at River Bend, a 108-acre residential substance use disorder treatment facility near the Mississippi Gulf Coast. The acquisition expands Bradford's footprint into Mississippi and adds residential and onsite detox capabilities to its network, which now operates 40 facilities across the Southeast.

Alpine Investors launched Trilon Group, a newly formed engineering services platform, naming Waggoner Engineering as Trilon’s first platform partnership. Alpine will invest up to $200 million to grow Trilon through talent investment and targeted M&A; Waggoner will continue to operate independently under its brand.

Rosewood Private Investments acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and combined them under a new holding company, StationServ. The deal brings together geographically contiguous fuel equipment distribution and service territories in Mississippi, Arkansas and Tennessee to expand service capabilities and create a platform for further add-on acquisitions; both sellers will remain involved during a transition period.