Acquisitions in Tennessee in 2026

Zavation Medical Products, a Gemspring Capital portfolio company, has acquired ChoiceSpine Holdings, a Knoxville-based designer and manufacturer of spinal implant systems; terms were not disclosed. The deal expands Zavation's spinal implant portfolio and commercial reach across inpatient and outpatient settings, and Derek Kuyper was named CEO of the combined organization.

Nakamoto Inc. (NASDAQ: NAKA) completed the acquisition of BTC Inc., a leading Bitcoin-focused media and events operator, and UTXO Management GP, LLC, an investment adviser focused on Bitcoin companies. The transaction was paid in Nakamoto common stock (364,795,104 shares, valued at $81.63 million based on the Feb 19, 2026 close) and brings BTC Inc. and UTXO in as wholly owned subsidiaries, adding approximately $80.5 million of combined revenue (12 months ended Sept 30, 2025).

Wealthspire’s Ground Control Business Management has acquired Nashville-based Wiles + Taylor & Co., a music-focused business management and tax consulting firm. The deal expands Ground Control’s U.S. footprint beyond California, adds specialized touring and royalty administration capabilities, and brings roughly 65 employees into the platform while Wiles + Taylor continues operating in Nashville.

Summit Wealth Group has merged with Premier Private Wealth, a Franklin/Nashville-area wealth management firm with $470 million in AUM, expanding Summit’s presence in Tennessee and lifting combined AUM to about $3 billion. The deal also launches Summit Wealth Group Family Office Services, with Premier CEO Michael Comstock joining Summit as Head of Family Office Services and leading the new Franklin office.

Averon Group, a national HVAC distribution platform backed by Trinity Hunt Partners, announced an investment in Fenco Supply, adding the family-owned HVAC distributor to its platform. The move expands Averon Group’s footprint into the Southeast and strengthens its network of independent HVAC distributors serving contractors and facility managers.

Werner Enterprises (Nasdaq: WERN) acquired privately held First Enterprises, Inc. ("FirstFleet"), a Murfreesboro, Tennessee–based dedicated trucking company, for approximately $245 million in cash plus a separate purchase of real estate (total consideration ~ $282.8 million). The deal adds ~2,400 tractors and 11,000 trailers to Werner, makes it the fifth-largest dedicated carrier in North America, is expected to be immediately accretive to EPS and to yield about $18 million of annual synergies while retaining most FirstFleet management and its Tennessee headquarters.

The Amlon Group, a Heartwood Partners–backed environmental services platform, has acquired Mastermelt America LLC and is operating the Sweetwater, Tennessee facility as Amlon Sweetwater. The May 2025 deal adds thermal processing and chemical dissolution capabilities for complex industrial waste (spent catalysts, electronic components, aerospace materials), expanding Amlon's technical capabilities and Southeast footprint.

American Industrial Partners (AIP) has completed the $1.5 billion acquisition of International Paper's Global Cellulose Fibers (GCF) business, with part of the consideration issued as preferred stock carrying a $190 million initial liquidation preference. GCF, headquartered in Memphis, Tennessee, will operate as an independent company and reported approximately $2.3 billion in 2024 revenue with about 3,300 employees and nine manufacturing facilities across the U.S., Canada, and Poland.

Jackalope Brewing Company has acquired Nashville-area craft brewer Black Abbey Brewing Company, formalizing a relationship the two breweries say has existed for more than a decade. The move will preserve Black Abbey's European-inspired brewing identity while providing increased production capacity, broader distribution, and additional resources to support long-term brand development and regional growth.

Allegheny Petroleum Products has acquired McNutt Oil Company of Maryville, Tennessee in a private transaction. Allegheny will retain McNutt’s employees and facilities and plans to add local manufacturing and blending capabilities at the Maryville site in 2026 to expand its national manufacturing footprint.

Lower, a VC-backed digital mortgage lender, has acquired Acopia Home Loans to expand its retail origination footprint across the Southeastern United States. The deal brings 14 branch locations, 36 loan originators and more than $425 million in annual production into Lower's platform and will operate as Team Acopia within Lower's Southeast division.

MIRATECH, a Tulsa-based provider of emissions and acoustic control solutions, has acquired Advanced Catalyst Systems (ACS), a Maryville, Tennessee manufacturer of catalyst technologies and emission control systems. The acquisition expands MIRATECH’s U.S. catalyst manufacturing capacity, strengthens its East Tennessee footprint, and brings ACS' proprietary coating and substrate capabilities into MIRATECH’s platform to accelerate R&D and support growing emissions-compliance demand.

Primient has acquired full ownership of Primient Covation, the producer of Susterra® and Zemea® 1,3-propanediols. Terms were not disclosed; the acquisition integrates Primient Covation's plant-based diols into Primient's sustainable ingredients portfolio to expand capability and market offerings. The move is intended to generate operational synergies and accelerate development and scale-up of sustainable bio-based materials.

Behavioral Framework, a family-owned ABA therapy provider backed by Renovus Capital Partners, announced that Autism ETC (AETC) is joining its platform. Autism ETC operates five clinics across Tennessee and Arizona; the deal is an add-on to expand Behavioral Framework’s center-based services, geographic footprint, and clinical capacity while preserving Autism ETC’s leadership and clinical model.

Agentis Longevity has acquired Nashville-based Arete Wellness to combine precision longevity medicine with concierge recovery and performance services, expanding Agentis’s national footprint in personalized, preventative care. Financial terms were not disclosed; Arete brings a team of more than 45 traveling nurses and medical professionals and a client roster that includes professional athletes and entertainers.

SLR International Corporation (SLR) has acquired WAP Sustainability, LLC, a Nashville-based sustainability consulting and ESG data solutions firm. The deal brings nearly 100 WAP employees and enhances SLR's sustainability consulting, product‑sustainability and ESG data capabilities to serve building products, packaging, textiles, electronics and consumer goods clients.

Rotation Digital, a full-stack digital technology services company backed by The Brydon Group, has acquired Syssero, a consultancy specializing in workforce technology and enterprise applications. The add-on strengthens Rotation Digital's workforce technology and enterprise application capabilities and expands its delivery resources across clients.

Koch Companies has acquired Store Opening Solutions (SOS) from Marmon Holdings, expanding Koch's warehousing, fulfillment and retail-oriented logistics capabilities. The acquisition, which brings SOS's Murfreesboro-based operations and multiple regional locations into Koch Logistics, doubles Koch's nationwide warehouse footprint and strengthens its retail services offering.

Windjammer Capital has acquired MFG Chemical, a specialty chemical developer and manufacturer headquartered in Chattanooga, Tennessee, from Platte River Equity. Windjammer plans to support MFG's growth through investments in operational excellence, product development, and strategic acquisitions, positioning MFG as a platform within specialty chemicals.

DirectMed Imaging, a portfolio company of Frazier Healthcare Partners, has acquired Tri-Imaging Solutions and will combine the two businesses under the Tri-Imaging name. The transaction creates a scaled imaging solutions platform that expands parts inventory, service capabilities, and technical training for healthcare networks, independent service organizations, and equipment manufacturers.

Gauge Capital has partnered with Reliable Medical's management to provide growth capital and complete a recapitalization, acquiring the Nashville-based provider of Complex Rehabilitation Technology (CRT) from prior sponsor Seven Hills Capital. The investment will support Reliable Medical's expansion of clinical capabilities, geographic footprint, and continued focus on high-touch post-delivery services for patients with severe mobility impairments.

Anchor Health Properties has acquired a majority interest in Chestnut Funds, which will operate as Anchor Health Capital, a fund advisory and investment management subsidiary. The combination creates a vertically integrated platform to expand Anchor’s healthcare real estate investment capabilities and capital flexibility; Chestnut co‑founder Steen Watson will continue to lead the new subsidiary as President.