Acquisitions in Missouri in 2025

Solventum (NYSE: SOLV) has completed the acquisition of Acera Surgical, a privately held bioscience company that develops synthetic tissue matrices for regenerative wound care, for $725 million upfront plus up to $125 million in contingent payments. The deal expands Solventum's MedSurg and advanced wound care portfolio with Acera's synthetic electrospun matrix technology; Acera is expected to generate about $90 million in sales in 2025.

Revelar Capital has acquired Lettermen's Energy Holdings, LLC from Indianapolis-based private equity firm CID Capital. Lettermen's, a Kansas City-headquartered consolidator of independent propane distributors with operations in roughly 20 states and about 240 employees, was built by CID through a buy-and-build strategy and will enter its next growth phase under Revelar's ownership; terms were not disclosed.

Argo Infrastructure Partners acquired the equity interests held by the majority of TierPoint's minority shareholders, further increasing Argo's ownership in the data center platform; financial terms were not disclosed and the transaction has closed. The move brings total capital formation under Argo's ownership to $3.0 billion and is intended to deepen support for TierPoint's national expansion of its 40 data centers across 20 markets and continued financing strategy.

Central Garden & Pet (NASDAQ: CENT) has acquired the U.S. assets of Champion USA, adding the JustiFLY line of feed-through, EPA-approved cattle fly-control products to its portfolio. The deal brings Champion USA's St. Joseph, Missouri manufacturing and employees into Central's Professional business unit to expand its sustainable livestock fly-control offerings and nationwide distribution.

Architect Equity has sold Faultless Brands, the Kansas City–based maker of fabric care and household cleaning brands including Faultless, Niagara, Magic and Bon Ami, to NiTEO Products, a portfolio company of Highlander Partners. Terms were not disclosed; the deal acts as an add-on to NiTEO's platform to expand brand and category capabilities in household and fabric care.

Richardson International Limited has completed the acquisition of the pasta business of 8th Avenue Food & Provisions, including a durum mill, three pasta manufacturing facilities (Carrington, ND; New Hope, MN; Winchester, VA) and the Ronzoni brand. The business was sold by Post Holdings/8th Avenue and transfers more than 500 US employees to Richardson, strengthening Richardson's vertically integrated durum-to-pasta supply chain and expanding its retail, private-label, foodservice and ingredient capabilities in North America.

Reliable Energy Partners, a propane distribution platform owned by Soundcore Capital Partners, has acquired Gateway Propane, a market-leading propane distributor serving the greater St. Louis area. The add-on expands Reliable's operational footprint to three states and strengthens its strategy of scaling a multi-regional propane distribution platform; terms were not disclosed.

Funds managed by Lime Rock New Energy have made a growth investment in Hawk Line Construction to provide capital and strategic resources for expanding the company’s service capabilities and geographic reach. Hawk’s co-owners and leadership will remain in place and retain significant ownership; financial terms were not disclosed.

BW Design Group has acquired Malisko, a system integration and automation firm, to expand its national leadership in system integration, automation, and manufacturing connectivity. The acquisition adds Malisko’s engineering expertise and offices (St. Louis, Denver, Eau Claire) to BW Design Group’s integrated architecture, engineering and construction platform to enhance end-to-end solutions for food & beverage, life sciences, and other manufacturing clients.

GreatWater 360 Auto Care has entered the Missouri market by acquiring the three-location mechanical repair division of Complete Auto Body & Repair, expanding its national footprint to nine states and bringing its network closer to 150 locations. The deal covers only the mechanical repair operations (collision repair and towing remain independently owned) and preserves local leadership, branding, and staff while granting the shops access to GreatWater's training, operational support, and teammate benefits.

Turnspire Capital Partners (with partner AgraMarke Quality Grains) acquired LifeLine Foods LLC and ICM Biofuels LLC and combined operations under The LifeLine Group. The combined platform will operate LifeLine Foods (food-grade corn ingredients) and LifeLine Biofuels (renewable fuels produced from starch streams) to capture operational synergies and expand capabilities across food, building products and biofuels markets.

Coalition has acquired Wirespeed to integrate the startup’s fully automated Managed Detection and Response (MDR) capabilities into Coalition’s Active Insurance platform, improving speed and quality of threat detection and response. Wirespeed co-founders Tim MalcomVetter and Jake Reynolds will join Coalition leadership to lead security and engineering integration efforts.

Sandvik AB has acquired QTE Manufacturing Solutions (QTE), a US-based reseller of Mastercam CAM software as well as Verisurf metrology and Vericut CNC simulation software. QTE, headquartered in St. Charles, Missouri, has 12 employees and reported around SEK 45 million in revenue in 2024; it will become part of Sandvik's Mastercam business unit within the Machining and Intelligent Manufacturing area. The purchase price was not disclosed.

Wealth Enhancement, a national independent wealth management firm, has acquired Wise Wealth, an independent RIA with offices in Lee's Summit, Rolla, and Liberty, Missouri. The deal — Wealth Enhancement's 100th acquisition — brings Wise Wealth's approximately $464 million in client assets and a 12-person team into Wealth Enhancement, expanding the firm's presence in the greater Kansas City market and pushing total client assets to more than $125 billion.

&Partners, an advisor- and employee-owned wealth management platform, announced that Mannen Financial Group has joined as its 100th advisor practice. The affiliation expands &Partners' footprint while preserving an ownership model that makes advisors owners; the firm now reports approximately $50 billion in pre-hire assets and $350 million in revenue.

Rise Growth Partners has made a non-controlling minority investment in Krilogy, a St. Louis-based registered investment advisory firm managing roughly $4.0–4.1 billion in client assets. The partnership will provide capital, strategic resources and support for advisor talent development, succession planning and continued growth while preserving Krilogy’s independent culture.

Georgia-Pacific has completed the acquisition of Anchor Packaging from the company's investors, including TJC, L.P.; financial terms were not disclosed. Anchor Packaging — a St. Louis–headquartered thermoformer operating four manufacturing facilities and two warehouses with ~1,250 employees — will become a wholly owned subsidiary to expand Georgia-Pacific's consumer products and foodservice packaging capabilities.

Midway Electric, a Columbia, Missouri electrical services firm founded in 2001, announced a new local partnership between founders Brandon and Michele Spry and Savannah Rush. Rush, a Missouri native and former McKinsey consultant with an MBA from Harvard, joins as a partner to preserve the company’s local legacy and lead growth while operations leader Jake Tamm remains in a leadership role. The deal represents a founder succession/ownership transition to ensure continuity and long-term growth in the Mid-Missouri market.

PNC Brands Group has acquired a majority interest in Ice Cream Factory, the family-owned ice cream company headquartered in Lebanon, Missouri. Founder Shannon Imler will remain as Chief Growth Officer while PNC's CEO Gail Kurpgeweit will serve as Ice Cream Factory CEO as the business undergoes operational upgrades, expanded co-manufacturing capacity, and job growth.

DocGo Inc. (Nasdaq: DCGO) has acquired virtual care platform SteadyMD, combining DocGo’s mobile health and transport services with SteadyMD’s 50-state virtual clinician network. SteadyMD is expected to generate approximately $25 million in revenue in 2025, maintains a roster of over 600 clinicians, and its founders will join DocGo’s leadership; the deal will be funded from DocGo’s existing cash balances.

Solis Mammography, the nation’s largest independent provider of specialized breast health services, has acquired St. Louis Breast Center, marking Solis’s entrance into the St. Louis market and the state of Missouri. The acquisition expands Solis’s footprint into its 23rd major market and positions the company to build on the center’s 15-year history of providing breast imaging and diagnostic services.

Irving, Texas-based RailPros has acquired St. Louis-based railroad engineering firm Design Nine, Inc., expanding RailPros' engineering capabilities and regional coverage in the Midwest. The acquisition adds Design Nine's site development, bridge rehabilitation, surveying, drafting and inspection services to RailPros' North American rail engineering and services platform.

SJE, Inc. has acquired LangeTech Inc., a system integrator and engineering services provider for the automation industry, to grow its Engineered Control Solutions (ECS) business. LangeTech, founded in 2002 and headquartered in Chesterfield, Missouri, brings system integration, SCADA, control systems and aftermarket services—strengthening SJE's capabilities and U.S. footprint. Terms were not disclosed.

Marine Equipment Solutions (MES) has acquired Humco Marine Products, a supplier of marine hardware, fittings and related solutions. The deal expands MES's product catalog and nationwide reach, integrating Humco's marine bearings, winches, deck fittings and safety products into MES's portfolio to better serve commercial, industrial and government marine customers.

Integrated Openings Solutions (IOS), a commercial openings systems integrator headquartered in Olathe, Kansas, has acquired Design Supply Doors, a Kansas City-based subcontractor specializing in doors, frames, hardware, and Division 10 specialties. The acquisition expands IOS's presence and capabilities in the Kansas City market and broader Midwest region while adding Design Supply Doors' installation, repair, custom wood door modification, and maintenance capabilities to IOS's platform.

Vee Healthtek, an AI-enabled healthcare technology and services provider headquartered in Plano, Texas, has acquired Precision Practice Management, a St. Louis-based revenue cycle and practice management services firm. The deal expands Vee Healthtek's ambulatory market footprint and technology-enabled revenue cycle capabilities to deliver broader practice management, billing, coding and consulting services to healthcare providers.

Frazil, the leading U.S. slush brand, has acquired Alligator Ice, a family-owned frozen beverage company with a footprint in over 10,000 convenience store locations. The acquisition expands Frazil's presence and capabilities across convenience stores, QSRs/LSRs, and other retail channels and pairs Alligator Ice's retail strength with Frazil's scale and innovation.

Platform Ventures has acquired Staco Electric Construction Company, a Kansas City–based full-service electrical contractor with more than 50 years of experience and a workforce of over 250 electricians. The acquisition marks Platform's entry into the specialty construction services sector and aims to support growth across data centers, clean energy, manufacturing, commercial and healthcare end markets.

Thorpe Specialty Services, a Houston-based industrial specialty services provider backed by KLH Capital, has acquired Williams Refractory Services of Lee's Summit, Missouri. The add-on expands Thorpe's geographic footprint into the Midwest, broadens its refractory and kiln reline capabilities, and strengthens exposure to cement, power and ethanol end markets.

Starfish Partners has acquired Huey Enterprises, Inc. (HEI), a boutique executive search firm led by Scott Huey. Following the acquisition, Scott Huey will join Kaye/Bassman International Corp (a Starfish Partners company) as Managing Partner to expand KBIC’s construction and commercial real estate recruiting practice across the U.S. Midwest.

BlackRock, Inc. has completed its acquisition of ElmTree Funds, adding the real-estate private equity firm to BlackRock's Private Financing Solutions (PFS) platform. ElmTree — a St. Louis–based specialist in commercial net-lease and build-to-suit industrial properties — will continue to be led by James Koman and is expected to expand PFS's capabilities to offer long-dated contractual income solutions to investors.

Growth equity firm Edison Partners has made a $65 million majority growth investment in KnowledgeLake, an AI-powered document processing and workflow automation SaaS platform. KnowledgeLake management and existing shareholders also participated; Kevin Herr was named CEO and the capital will be used to accelerate customer success, go‑to‑market expansion, partnerships, and AI capability development.

BTX Precision, a platform backed by L Squared Capital Partners, has acquired High Tech Solutions LLC (HTS), a Kansas City–area precision manufacturer of aerospace components. The add-on expands BTX's program diversity, geographic footprint and capabilities across aerospace and space end markets as BTX reaches its 10th acquisition since inception.

Zeus Fire and Security announced the acquisition of Atlas Security, a Springfield, Missouri-based security and fire protection provider. Atlas will be integrated into Zeus' national network and join forces with Zeus partner PASS Security to expand service offerings and regional coverage in Southwest Missouri.

BTX Precision has acquired High‑Tech Solutions (HTS), a Lee's Summit, Missouri-based precision machining and manufacturing firm serving the commercial aerospace, military and space markets. The deal — BTX's seventh acquisition since launching its platform in 2023 — expands BTX's advanced machining capabilities and capacity in mission-critical aerospace and defense supply chains.

Quad-C Management announced an investment in O6 Environmental, a St. Louis-based provider of environmental remediation, industrial cleaning, liquid waste processing and emergency response services. Quad-C said it will partner with O6 management to expand the company’s geographic footprint, broaden service offerings and accelerate growth; terms were not disclosed.

Arax Investment Partners, a RedBird-backed wealth-management platform, has acquired Summit Wealth Strategies, a Chesterfield, Missouri–based registered investment advisor with $1 billion in assets under management. Summit will join Arax Advisory Partners to expand Arax's Midwest presence; financial terms were not disclosed.

Midland Industries, a portfolio company of Gemspring Capital, has acquired Cerro Brass from Cerro Flow Products (a Marmon Holdings subsidiary). The deal expands Midland's brass product offering and strengthens its supply chain and distribution capabilities to better serve residential, commercial, and industrial customers nationwide.

Gateway Fiber announced a merger with E‑Rate provider WANRack and consumer broadband provider KWIKOM, consolidating the three businesses to operate under the Gateway Fiber brand. WANRack's E‑Rate services will continue as “WANRack powered by Gateway Fiber” through the end of 2025 while the companies integrate to expand residential, business, enterprise, and education broadband offerings.

RelaDyne has acquired Santie Oil Company, a family-owned lubricant distributor headquartered in Sikeston, Missouri. The deal expands RelaDyne’s Midwest footprint and adds Santie’s e-commerce capabilities, product portfolio and regional distribution network to RelaDyne’s national lubricant, fuel and reliability services platform.

Healthcare Linen Services Group (HLSG) acquired Penn Enterprises, including a 30,000-square-foot processing facility that will be rebranded as Linen King. The deal expands HLSG's regional footprint across Missouri and Kansas and adds Penn's government and healthcare laundry capabilities (Penn has processed over 44 million pounds annually for the Department of Defense).

Bishop-McCann, a Kansas City-based event management firm, acquired MTI Events, a Kansas City incentive travel and event company with more than 35 years of experience. The acquisition strengthens Bishop-McCann's incentive travel capabilities and brings MTI's leadership into the firm as a strategic advisor.

One10 LLC has acquired Whistle, a St. Louis–based employee engagement and rewards technology company, integrating Whistle’s technology and team into One10’s incentive and recognition offerings. The deal strengthens One10’s behavioral science, data science and incentive technology capabilities and will keep Whistle employees in St. Louis under One10’s ownership (One10 is PE-backed by Bow River Capital).

Landscape Workshop, a Birmingham-based commercial grounds management platform backed by Ares Management, has acquired Brummel Lawn & Landscape LLC to establish a presence in the Kansas City, Missouri market. Brummel's founder Nick Brummel joins Landscape Workshop in a senior role and all Brummel employees will transition to Landscape Workshop as part of the add-on deal.

Naviant, a process consulting and intelligent automation firm, has acquired Amitech Solutions, a St. Louis-based healthcare-focused services firm specializing in intelligent automation, AI, and data analytics. The acquisition expands Naviant's healthcare and agentic automation capabilities and integrates Amitech's team and solutions to accelerate automation and AI deployments for healthcare customers.

Creach Family Holdings, a privately held family investment firm, has acquired Freudenthal Home-Based Healthcare, a St. Joseph, Missouri provider of in-home assistance, skilled nursing and hospice services. Freudenthal will continue to operate under its existing name and join CFH's Home Health and Hospice group (which includes Faith Home Health and Hospice), expanding CFH's in-home care footprint in the Midwest.

Astec Industries has acquired Hillenbrand’s minority stake in TerraSource Holdings in a transaction valued at approximately $245 million. Hillenbrand received about $115 million from the sale, which it will use to pay down debt; the divestiture was completed July 1, 2025.

Post Holdings, Inc. completed its acquisition of 8th Avenue Food & Provisions effective July 1, 2025, taking full ownership of the private-label and branded foods business. The transaction values the deal at approximately $880 million and represents Post consolidating control of 8th Avenue (previously held with funds affiliated with Thomas H. Lee Partners).

WalkerHughes Insurance, a privately held, PE-backed retail insurance brokerage headquartered in Indianapolis, acquired Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based agency that specializes in personal and commercial insurance. The deal is an add-on to WalkerHughes' Missouri platform and supports the firm's regional expansion and continuity of service as Apogee's owner, Kyle Heywood, exits the business.

Inszone Insurance Services has acquired Huffmaster Insurance of Monett, Missouri. The sale—driven primarily by founders Susan and Kevin Huffmaster's retirement—expands Inszone's Midwest footprint and gives Huffmaster clients access to Inszone's broader product set and support.