Acquisitions in Nevada in 2018

Mill Valley-based private equity firm Vopne Capital provided an undisclosed capital investment in Dolphin Machine Inc., a precision-machining manufacturer based in North Las Vegas, Nevada. As part of the transaction, Scott Kelley will become CEO and Vopne managing partner Jim Bloom will join Dolphin Machine’s board while founder Dan DiCello remains president.

Alera Group has acquired two Las Vegas-area insurance agencies — Distinctive Insurance and GLB Insurance Group of Nevada — expanding its presence in the Southwestern United States. The acquisitions add employee benefits consulting, commercial and personal lines capabilities to Alera's national insurance, risk management and wealth management platform.

Greenwich-based private equity firm Union Capital Associates, L.P. has acquired Lakeview Cheese Co. LLC, a Las Vegas-based manufacturer and distributor of natural, custom blend and private label cheese products. Dinan Capital Advisors served as exclusive financial advisor to Lakeview Cheese and its shareholders in the transaction; terms were not disclosed.

Baum Capital Partners has partnered with Goettl Air Conditioning CEO Ken Goodrich to complete a recapitalization of Goettl, a leading residential HVAC and plumbing services provider headquartered in Las Vegas. The deal includes an equity co-investment from Tree Line Capital Partners and debt financing from Tree Line and Bridge Bank, with capital intended to accelerate Goettl's U.S. expansion and support organic growth and strategic acquisitions.