Acquisitions in Missouri in 2022

Modern Litho-St. Louis has acquired Scotts Printing of Rolla, Missouri, effective December 31, 2022. The acquisition expands Modern Litho's regional printing capacity and capabilities (offset, digital, bindery/finishing) and consolidates Scotts Printing's operations into Modern Litho's St. Louis facility.

Fi-Foil Company, a portfolio company of Validor Capital, has acquired Kennedy Insulation Group, a Carthage, Missouri-based maker of the VerSola™ reflective bubble insulation. The acquisition expands Fi-Foil’s reflective insulation product line and U.S. manufacturing and geographic sales coverage across the southwestern and southeastern United States; terms were not disclosed.

Altaris has completed the combination of its portfolio companies Kindeva Drug Delivery and Meridian Medical Technologies into a single, global drug‑device CDMO that will operate under the Kindeva name. The combined company expands capabilities across parenteral, inhalation, transdermal and intradermal delivery formats; Milton Boyer (formerly Meridian CEO) will lead the combined business.

Valiantys, a global Atlassian partner backed by Keensight Capital and Tercera, acquired St. Louis-based Expium LLC to expand its U.S. presence and broaden its Atlassian, DevOps, and custom-application capabilities. The deal combines Expium's expertise in custom application development and DevOps integration with Valiantys' global reach and managed-services platform.

PestCo Holdings, a portfolio company of Thompson Street Capital Partners, has acquired Reliable Pest Solutions, a Hannibal, Missouri-based provider of residential and commercial pest control services across Missouri, Illinois and Iowa. The transaction is an add-on acquisition to expand PestCo's footprint in the Midwest; terms were not disclosed.

Bluewave Technology Group has acquired iSymplify, a St. Louis–based cloud and telecom advisory agency, expanding Bluewave’s technology advisory and lifecycle management capabilities and presence in the greater St. Louis area. The deal is part of Bluewave’s ongoing roll-up strategy (its sixth acquisition in 12 months) and is supported by a partnership with Columbia Capital to build a national technology advisory services platform. Financial terms were not disclosed.

Commerce Bank (a unit of Commerce Bancshares, Inc.) has entered into a definitive agreement to acquire L.J. Hart & Company, a Chesterfield, Missouri-based municipal bond underwriting and advisory firm. The acquisition will integrate L.J. Hart into Commerce’s institutional fixed-income business to expand its municipal underwriting and public finance advisory capabilities; terms were not disclosed and closing is subject to regulatory approval.

Kain Capital established a hospice-focused holding company, PERA Holdings, and PERA completed the acquisition of a majority stake in Hospice Care of America (HCA), a regional hospice operator headquartered in Kansas City. The founders of HCA will remain in their roles and retain equity; PERA will use technology, capital and shared services to grow HCA and pursue additional regional hospice acquisitions.

Surround Care, a St. Louis–based population health company, closed the merger acquiring Navvis and Esse Health; both companies will operate as wholly owned subsidiaries of the newly formed parent. The combined organization aims to scale population-health and value-based care capabilities, serving more than 4 million patients across multiple markets and expanding its geographic footprint and clinical offerings.

Samba TV, the San Francisco-based television technology and analytics company, acquired Disruptel, an AI/ML startup focused on Connected TV content recognition and video analysis. The acquisition expands Samba TV's Samba AI capabilities to deliver advanced on-screen content understanding, enhanced content recommendations, and new non-intrusive ad experiences for TV manufacturers, publishers and advertisers.

GrowGeneration Corp. (GrowGen) acquired St. Louis Hydroponic Company, a leading hydroponic retail store in St. Louis, Missouri, and began operating the location under the GrowGeneration name on November 7, 2022. The acquisition expands GrowGen's retail footprint and establishes a presence in Missouri ahead of the state's newly approved adult-use market.

Simplicity Group has acquired Marketing Financial, a Springfield, Missouri-based full-service wholesaling and brokerage firm led by Alan Lockhart, who joins Simplicity as a partner. The deal brings Marketing Financial into Simplicity’s partnership network and provides the firm access to Simplicity’s product bench, operational support and marketing resources to expand distribution of life insurance, annuities and related products.

GenNx360 Capital Partners' portfolio company B2B Industrial Packaging has acquired Tri Pro Graphics and Packaging, a St. Louis-based distributor of packaging materials, equipment, and printing solutions. The deal is an add-on to B2B's platform, expanding its capabilities and geographic footprint in the Midwest.

Private equity funds managed by Blackstone acquired a majority stake in Emerson's Climate Technologies business (rebranded as Copeland) in a transaction valuing the business at $14.0 billion. Emerson received approximately $9.7 billion in upfront cash, a $2.25 billion seller note and retained a minority equity stake while Blackstone (with co-investors ADIA and GIC) will support Copeland's growth as a standalone HVACR leader; Copeland reported fiscal 2022 sales of $5.0 billion and employs over 18,000 people.

Alarm.com completed a majority-stake acquisition of Noonlight, a connected safety and event management platform that provides context-aware emergency response and monitoring. Noonlight will continue to operate independently from its St. Louis headquarters while leveraging Alarm.com's platform, resources, and partner network to expand its offerings.

ADB Companies, LLC acquired the assets of KDC Wireless, Inc., adding KDC to ADB's Wireless Division to expand its Midwest (Kansas City) wireless construction and maintenance capabilities. The deal transfers ownership from KDC founders Dave and Kristin Campbell and supports ADB's buy-and-build strategy to grow its regional wireless presence.

Koppers Inc., a subsidiary of Koppers Holdings Inc., signed a definitive agreement to acquire substantially all of the assets of Gross & Janes Co., the largest independent supplier of untreated railroad crossties in North America. The deal — terms undisclosed — is intended to bolster Koppers' supply chain and logistics footprint by providing additional access to untreated crossties and driving synergies across its treating facilities.

Royal House Partners, a home-services platform backed by CPS Capital and 1801 Holdings, has acquired Total Comfort Heating & Air Conditioning, a St. Louis, Missouri-based residential and light commercial HVAC services provider. The add-on expands Royal House Partners' footprint in Missouri and strengthens its HVAC division by integrating Total Comfort's experienced team into its existing operations.

Royal House Partners (backed by CPS Capital and 1801 Holdings) has acquired Craftsman Plumbing Company of Lake Saint Louis, Missouri, as an add-on to expand its plumbing footprint in the St. Louis region. Craftsman, a residential and light commercial plumbing services provider with 20+ years in the market, will join RHP's portfolio to extend the platform's service reach west of St. Louis; owner Eric Rios is partnering with RHP in the transaction.

Mission Critical Electronics (MCE), a Costa Mesa-based designer and manufacturer of electrical power solutions, has acquired DuraComm, a Kansas City manufacturer of OEM/industrial AC-to-DC and DC-to-DC power supplies for telecommunications, public safety, and critical infrastructure. The acquisition expands MCE's product portfolio and engineering capabilities in the network and industrial markets, enabling broader solutions, increased capacity, and enhanced support for high-profile customers.

Strategic Materials, Inc. (SMI), North America’s largest glass recycler based in Houston, acquired Kansas City–based Ripple Glass. The acquisition is intended to expand SMI’s glass collection capabilities and increase glass recovery rates across North America; all Ripple Glass employees were retained.

Gallant Capital Partners has acquired SupplyLogic WebbMason (SLWM), a Kansas City–headquartered, tech-enabled marketing services provider formed in 2022 through the merger of SupplyLogic and WebbMason. Inverness Graham sold SLWM to Gallant (terms not disclosed); Gallant said it will support SLWM as a platform investment to accelerate organic growth, enhance capabilities, and pursue strategic acquisitions.

Royal House Partners, a home-services platform founded by CPS Capital and 1801 Holdings, has made a new add-on investment in Sinak Plumbing of Saint Louis, Missouri, adding the 90+-year-old plumbing business to its Anton's Air Conditioning and Heating family. The acquisition strengthens RHP's plumbing capabilities and expands its footprint in the Saint Louis and Saint Charles areas; Sinak's service team includes three licensed journeymen plumbers and licensed apprentice plumbers.

Armada Analytics, a Greenville, South Carolina–based commercial real estate services provider, has acquired f3 Inc., an engineering and environmental due diligence firm based in St. Louis, Missouri. The acquisition expands Armada's due diligence capabilities by adding f3's engineering and environmental site assessment expertise, enabling a single-vendor offering for property acquisition and financing clients.

Southern Missouri Bancorp Inc., the parent of Southern Bank, agreed to acquire Kansas City–based Citizens Bancshares Co. in a stock-and-cash transaction valued at approximately $140 million. The deal, unanimously approved by both boards, gives Citizens shareholders a choice of shares or $53.50 cash per share, will add 14 branches in Missouri and is expected to be accretive to Southern Missouri Bancorp's EPS over the following fiscal years, subject to customary approvals.

Mississippi Lime Company (an HBM company) completed the acquisition of Valley Minerals, a single-site dolomitic quicklime producer in Bonne Terre, Missouri. The deal expands Mississippi Lime's ability to serve the growing next-generation steel production market in the Central U.S. and includes planned investment to upgrade the facility's kiln to a more energy-efficient vertical kiln.

Alliance Ground International (AGI) has acquired Airport Terminal Services (ATS), adding 49 locations across the United States and Canada and marking AGI's first entry into passenger/terminal operations. ATS, founded in 1975 and based in St. Louis, Missouri, has more than 5,500 employees and provides full-range ground handling, cargo handling, refuelling, de-icing and lounge/concierge services.

Adler Industrial Solutions, a tooling roll-up, acquired R&D/Leverage, a mold manufacturer headquartered in Lee's Summit, Missouri with an additional manufacturing facility in Nottinghamshire, England. The acquisition (Adler's third) expands Adler's capabilities into blow molds, injection stretch blow molds and preform molds, increases scale and adds European manufacturing capacity; founders Ivan and Ardith Drienik exited to Adler.

Club Car Wash has acquired eight express wash locations (plus a ninth under construction) from St. Louis-based Tidal Wave Express Car Wash, excluding three full‑service locations with convenience stores and fuel stations. The locations will be rebranded to Club Car Wash, expanding Club's St. Louis footprint to 23 sites; the transaction was completed in partnership with Wildcat Capital Management to support regional growth.

FlavorSum, a Flavor & Ingredients platform owned by The Riverside Company, has acquired Meridian Flavors, a Fenton, Missouri-based manufacturer of natural, non-GMO and organic flavor systems. The transaction is an add-on to the FlavorSum platform and expands its clean-label and sweet/dairy flavor capabilities to better serve small and mid-sized food & beverage customers.

Integral Group and Ross & Baruzzini are combining under the new brand Introba to create a global building engineering and consulting firm. The unified organization will have over 1,100 employees across 31 offices in the United States, Canada, the United Kingdom, Serbia, and Australia to expand capabilities in sustainable, resilient engineering and technology-enabled consulting.

Rancho Cordova-based Inszone Insurance Services acquired First Bosnian Insurance, an independent St. Louis-area insurance agency founded in 2005 that serves the Bosnian and Eastern European community. The acquisition expands Inszone’s footprint in Missouri and preserves localized, language-specific service for First Bosnian’s customers.

Funds managed by Wafra Inc. acquired a strategic minority ownership interest in St. Louis-based private equity firm Thompson Street Capital Partners to support the scaling of the Thompson Street platform and execution of key strategic initiatives. Terms were not disclosed and Thompson Street’s management and day-to-day operations remain under existing control.

Belt Power LLC, a Shorehill Capital-backed distributor and fabricator of conveyor system components, completed the acquisition of Accurate Industrial Products, LLC on December 30, 2021. The transaction adds Accurate’s fabrication and distribution capabilities in the St. Louis and Columbus markets to Belt Power’s national footprint to support accelerated organic and acquisition-driven growth.

Missouri American Water, a subsidiary of American Water, completed the acquisition of the City of Eureka's water and wastewater systems, which serve about 4,000 water and 4,000 wastewater customers. The company will construct a new five-mile pipeline to connect Eureka to its St. Louis County system (drawing from the Missouri River), deploy advanced metering infrastructure, and invest more than $37 million in the systems over the next ten years; the City of Eureka will redeploy the sale proceeds to community investment.

Convenient Brands, a Draper, Utah-based platform and portfolio company of The Beekman Group, has acquired Dealer Pay, LLC, a St. Louis-area provider of web-based payments and point-of-sale software for automotive dealerships. The transaction includes a strategic growth investment to accelerate product development and expand Convenient Brands' automotive payments and software offering.

D&S Car Wash Supply, a portfolio company of Lometa Capital Partners, has acquired Mid-States Car Wash Solutions, a long-running distributor and service provider headquartered in Scott City, Missouri. The acquisition extends D&S's Field Sales & Service territory in the Mid-South, adds installation, maintenance and chemical supply capabilities, and brings Mid-States owner Dave Bogenpohl into D&S as a Regional Business Development Manager.

ANI Pharmaceuticals, Inc. acquired four abbreviated new drug applications (ANDAs) from Oakrum Pharma, LLC in an asset purchase announced July 28, 2022. The acquisition expands ANI's generics product portfolio and is intended to enable product launches and revenue contribution beginning in 2023.

Chartwells Higher Education, a division of Compass Group, has acquired Fresh Ideas, a Columbia, Missouri–based foodservice management company. The deal expands Chartwells' regional footprint in campus dining while allowing Fresh Ideas to continue operating under its existing brand and leadership with access to Chartwells' broader tools and resources.

True North Networks and RightSize Solutions, both portfolio companies of Bluff Point Associates, have been combined to form Visory, a provider of technology management, cybersecurity and hosting solutions serving RIAs, accounting and construction firms. The new platform is headquartered in Chesterfield, Missouri and will continue to operate existing offices while scaling services and recruiting talent across the organization.

PerformLine has completed the acquisition of LashBack to integrate LashBack’s email discovery and compliance monitoring capabilities into PerformLine’s omni-channel marketing compliance SaaS platform. The deal expands PerformLine’s discovery and monitoring coverage across email channels, strengthening its offering for enterprise compliance and brand-protection programs.

Water Engineering, a portfolio company of Nolan Capital, has acquired American Water Treatment, a family-owned water treatment services provider headquartered in St. Louis, Missouri. The acquisition adds American Water’s ~900-customer, multi-state footprint to the WEI platform as an add-on to expand geographic coverage and service capabilities while retaining the existing team and legacy brand.

Versiti, a national blood health organization headquartered in Milwaukee, has acquired Missouri-based Ethical and Independent Review Services (E&I), an AAHRPP-accredited independent IRB. The acquisition expands Versiti's clinical trial services and regulatory review capabilities across biopharmaceutical, medical device, and social/behavioral research markets.

PestCo Holdings, a portfolio company of Thompson Street Capital Partners, has acquired Mick's Exterminating, a residential and commercial pest control company based in O'Fallon, Missouri. The deal is an add-on to PestCo's roll-up strategy to consolidate the fragmented pest control market and expand its presence in the St. Louis region; terms were not disclosed.

GS Foods Group, a PE-backed foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners, has acquired Graves Foods, a Jefferson City, Missouri-based foodservice distributor. The acquisition expands GS Foods' Midwest footprint and integrates Graves' leadership into the GS Foods organization to strengthen operations and service to K-12, healthcare, restaurants and other end markets.

Consulting Solutions, a portfolio company of White Wolf Capital, has acquired iBridge Solutions, an IT staffing and consulting firm headquartered in St. Louis, Missouri. iBridge will operate as a standalone division of Consulting Solutions to strengthen the buyer's workforce solutions and technology consulting presence in the St. Louis market.

Tosca has acquired the cheese box division of Bristol Manufacturing, including facilities in Springfield, Missouri and Canton, New York. The deal lets Tosca insource wash and reconditioning services for its 640 cheese containers, add capacity, and expand its geographic coverage for cheese customers in the U.S.

Kanbrick, a Chicago-based private investment partnership, has acquired Marine Concepts, a designer and manufacturer of patented semi-permanent boat cover systems. Founder Randy Kent will remain involved as the company partners with Kanbrick to expand geographies, channels, and build a platform of marine accessory brands.

Atkore Inc. has acquired United Poly Systems, a manufacturer of HDPE pressure pipe and conduit serving telecom, water infrastructure, renewables and energy markets. United Poly Systems operates manufacturing sites in Springfield, Missouri and Albuquerque, New Mexico with approximately 160 employees and was previously owned by Industrial Opportunity Partners.

SteadyMD, a B2B telehealth infrastructure provider, has acquired BlocHealth, a clinician licensing, credentialing, and payer enrollment platform. The acquisition brings BlocHealth's team, technology, and products into SteadyMD to expand its clinician licensing and credentialing capabilities and scale clinical capacity across its 50-state telehealth network.