Acquisitions in Oregon in 2026

Aerodigm Wealth completed a management buyout of the wealth advisory business formerly known as Delap Wealth Advisory and relaunched as an independent, partner-owned advisor with approximately $1.5 billion in AUM. The transaction establishes Aerodigm as a Portland, Oregon–headquartered firm focused on tax-aware wealth advice, multigenerational planning, and continuity of leadership following the separation from Delap.

Waverly Advisors, a Birmingham-based registered investment adviser, has acquired Pure Portfolios, a Lake Oswego, Oregon wealth management firm, in a deal that closed January 30, 2026. The acquisition adds approximately $437 million of AUM to Waverly and expands the firm into a new Oregon market as part of its continued growth across the Pacific Northwest.

PaperTech, a Findlay, Ohio-based pressed paperboard manufacturer and portfolio company of May River Capital, has completed the acquisition of Bake-Best Trays, a Redmond, Oregon-based maker of ovenable pressed paperboard trays. The add-on expands PaperTech’s tray product lineup and adds susceptor-enabled cooking-performance technologies to broaden its sustainable packaging offering for food processors, distributors and foodservice operators.

Arcadia Paper Mills, LLC completed the purchase of the former Boise paper mill in St. Helens, Oregon from the City of St. Helens as the first step in reactivating the industrial site. The newly formed company plans to produce paper towels and napkins at the facility and has already hired 15 local workers to begin recommissioning the mill.

Knoxville-based independent agency Tombras has acquired Portland, Oregon creative shop Opinionated for an undisclosed amount. Opinionated’s ~40-person team will operate as Opinionated, a Tombras Company in 2026 and transition to Tombras West in 2027, expanding Tombras’ coast-to-coast footprint and adding creative talent and capabilities to its data-led full-service offering.

Agno Pharma has acquired Actylis Eugene, the legacy Cascade Chemistry manufacturing asset in Eugene, Oregon, expanding Agno's U.S. cGMP API development and manufacturing footprint. The site includes a 16,000 sq. ft. R&D lab and a newly constructed 30,000 sq. ft. GMP manufacturing facility, enhancing Agno's capabilities to support biotech and pharmaceutical clients from early-phase through commercial API production.

Kelvin Group, a national provider of industrial and commercial mechanical refrigeration services backed by Southfield Capital, has acquired PermaCold Engineering, a Portland-based industrial refrigeration firm. The add-on deal expands Kelvin's geographic footprint into the Pacific Northwest and brings PermaCold's expertise in ammonia and CO2 refrigeration to Kelvin's platform; terms were not disclosed.

TPG's The Rise Funds has made a majority investment in Trustwell, a SaaS provider of regulatory compliance, traceability and supplier management software for the food industry. The Riverside Company has fully exited its investment; financial terms were not disclosed. The partnership aims to accelerate Trustwell's product innovation and scale adoption across food and beverage supply chains.

Aprio announced combinations with two Oregon-based accounting and advisory firms, Delap LLP (Lake Oswego) and Hoffman, Stewart & Schmidt, P.C. (Portland), with the combinations closing on January 1, 2026. The moves expand Aprio's Pacific Northwest presence and add capabilities including public company audits, advanced tax planning, digital forensics, cybersecurity, and broader advisory services.