Acquisitions in New Mexico in 2019

Badlands Tank Lines acquired Twin Eagle Transport, a division of Twin Eagle Midstream Assets, to create a larger crude oil transportation platform with expanded scale and reach. Bridgepoint Investment Banking acted as sole buy‑side M&A advisor and financing arranger on the transaction, which positions Badlands among the larger carriers with a combined fleet of over 170 trucks across major U.S. oil basins.

Fullsteam, a holding company focused on software and payments, acquired Event Rental Systems in Q4 2018. The acquisition will allow Event Rental Systems to accelerate development and launch a new point-of-sale system by leveraging Fullsteam's payments infrastructure and operational support.

Advanced Grinding Solutions, operating as Abrasive Form and owned by Calvert Street Capital Partners, has acquired Sun Country Industries from McNally Industries. The acquisition expands Abrasive Form’s precision machining and assembly capabilities to better serve aerospace and industrial gas turbine customers.

Therma Holdings LLC, a Gemspring Capital-backed Bay Area mechanical services platform, has acquired Yearout Mechanical, a design-build HVAC, plumbing and piping services provider based in Albuquerque, New Mexico. The acquisition expands Therma's geographic footprint into the New Mexico market and adds in-house fabrication and design-build capabilities to its platform.