Acquisitions in Virginia

ERT, a Macquarie Capital–backed digital engineering and mission services company, has acquired Sev1Tech, an IT modernization and digital transformation partner serving space, defense and federal customers. The deal expands ERT's mission-focused IT, cloud and cyber capabilities while Sev1Tech's team continues supporting existing government contracts.

Nexus Enterprise Imaging, LLC (NXXIM), backed by Geneva Private Equity, has entered into a Master Service Agreement to assume full operational control and management of Apollo Enterprise Imaging. The move integrates Apollo's enterprise imaging capabilities into NXXIM's AI-driven Enterprise Imaging Intelligence platform, retaining most staff and honoring existing contracts while accelerating product and platform development.

Markon, a Sterling Investment Partners portfolio company, has acquired Millennium Corporation to expand full‑spectrum cyber capabilities across defense, intelligence, and federal civilian markets. The deal combines Markon’s enterprise delivery and program execution strengths with Millennium’s adversarial threat emulation, cyber operations, testing, training, and software capabilities as an add‑on to Markon’s platform.

Virginia Green, a regional lawn care provider headquartered in Richmond, Virginia, has acquired Northern Virginia-based Bio Turf, Inc. The acquisition expands Virginia Green's footprint and service capacity in Northern Virginia while Bio Turf's irrigation business will continue operating independently during the transition.

Duggal Visual Solutions has acquired CSI (CSI Printing & Graphics), a Washington, D.C.-area print and graphics firm, to expand Duggal’s national production and installation capacity and add a presence in the Washington, D.C. region. The deal integrates CSI’s large-format and dye-sublimation printing capabilities and installation expertise into Duggal’s broader digital signage, fabrication, and creative services platform.

Affiliates of private investment firm Halo Partners, L.P. have acquired W.O. Grubb from the estate of prior family ownership. The investment will provide capital and strategic resources to support Grubb’s growth across infrastructure, industrial, utility and data center markets while preserving management and operations.

VetEvolve announced a joint venture partnership with Gentle Care Animal Hospital in Forest, Virginia, marking the company's 51st practice and its first JV arrangement. Gentle Care will continue operating under its existing name with founder Dr. Barbara Stevens remaining involved, expanding VetEvolve's Mid-Atlantic density and regional collaboration.

Auria, a portfolio company of Enlightenment Capital, has acquired BCubed Engineering Corporation, a Warrenton, Virginia–based developer of software-defined satellite communications, digital ground systems, and cloud-native command-and-control platforms. The acquisition expands Auria's C3 (command, control, communications) software and hardware capabilities to better serve customers including the U.S. Space Force, Special Operations Command, and the Intelligence Community; Auria now has more than 500 employees across multiple U.S. locations.

Woven Solutions, a Reston, Virginia-based provider of AI-enabled mission software for national security customers, has acquired Apira Technologies, a developer of AI, computer vision and synthetic media detection tools used in sensitive cyber and information operations. The deal expands Woven’s cyber and information operations capabilities, adds engineering and R&D talent, and increases access to end customers and prime contracts; it is Woven’s second acquisition since receiving a strategic investment from Falfurrias Management Partners in August 2025.

An affiliate of H.I.G. Capital has completed the acquisition of CargoTuff, a Virginia-based manufacturer and distributor of load securement products including dunnage airbags, lashing, and strapping. H.I.G. said it will support CargoTuff's growth and expansion of product capabilities and its global manufacturing footprint while CargoTuff's management team will remain in place.

ShipTime Canada Inc., a subsidiary of Paid, Inc. (OTC: PAYD), has acquired an 80% ownership stake in Warehowz, Inc., a North American on-demand warehousing and fulfillment marketplace. The deal is intended to accelerate ShipTime's expansion across North America and add warehousing and fulfillment capabilities to its logistics technology platform.

Volaris Group, an operating group of Constellation Software Inc., has acquired Symplicity Corporation, a leading higher-education career services and student support platform. Symplicity will operate as a wholly owned subsidiary headquartered in Arlington, Virginia, and the acquisition is intended to provide long-term backing to evolve the platform and explore emerging technologies such as AI to better serve universities and employers globally.

Vision Innovation Partners (VIP), a Gryphon Investors–backed Mid‑Atlantic eye care platform, has acquired Ophthalmic Associates of Alexandria, a comprehensive ophthalmology practice in downtown Alexandria, Virginia. The add‑on expands VIP's footprint in the Alexandria market and strengthens its surgical and ophthalmic disease‑management capabilities as the platform's 27th acquisition.

DC Capital Partners announced a majority investment in Knexus, an applied AI platform that designs, builds, and operates enterprise-grade AI systems for U.S. defense and civilian agencies. The investment will support Knexus’ growth through business development, technology, and operations to scale its mission-focused AI capabilities for government customers.

Reveal Technology, a veteran-founded defense technology company based in Bozeman, Montana, has acquired Anomaly Six, a Northern Virginia–based provider of commercial location and behavioral-pattern intelligence. The deal integrates Anomaly Six's geolocation and digital terrain capabilities with Reveal's Farsight and Identifi platforms to expand operator-focused, tactical-edge multi-domain intelligence for government and allied customers.

Tetra Tech, Inc. has acquired Halvik Corp to expand its high-end data analytics, AI, systems modernization, and cybersecurity capabilities across U.S. federal agencies. Halvik, headquartered in Tysons, Virginia, with about 600 employees, will join Tetra Tech's Government Services Group; financial terms were not disclosed.

Control Point Associates, Inc. has acquired Virginia-based Rouse-Sirine Associates, Ltd., expanding Control Point's land surveying and geospatial services footprint into Virginia and increasing its East Coast office network. The deal will integrate Rouse-Sirine's team and subsurface utility engineering capabilities into Control Point's platform while preserving local staff and ongoing client engagements.

Copper River Family of Companies, a Native Alaska‑owned federal contractor, has acquired The Prospective Group (TPG), a provider of IT and mission‑services for U.S. federal agencies. The acquisition expands Copper River's cybersecurity, analytics, cloud, and enterprise modernization capabilities and broadens its federal customer base.

Seekye Capital has acquired a majority stake in DuvallWheeler LLP, a Manassas, Virginia-based accounting and advisory firm founded in 1986. The transaction represents Seekye’s first platform investment in the accounting and professional services vertical and will provide strategic resources, leadership development, and operational support while preserving the firm’s client-first culture.

Gillson Sciences, a Chicago-based laboratory testing and scientific solutions provider and portfolio company of Keystone Capital Management, has acquired SanAir Technologies Laboratory, an accredited environmental and industrial hygiene testing laboratory headquartered in Richmond, Virginia. The add-on expands Gillson's capabilities into environmental testing (air, asbestos, Legionella, lead/metals, industrial hygiene) and broadens its service offering across environmental and industrial end markets.

Parsons Corporation has acquired Altamira Technologies Corporation in a cash transaction of $330 million with an additional $45 million earn-out, valuing the deal at up to $375 million. The acquisition brings Altamira’s ~600 engineering and cleared workforce and advanced capabilities in signals intelligence, AI/ML analytics, missile warning and space mission support into Parsons’ Defense & Intelligence business to expand the company’s SIGINT, cyber and space offerings for Department of Defense and Intelligence Community customers.

Dublin-based travel booking company Hostelworld acquired Richmond-founded event data firm OccasionGenius for $12 million in a deal that closed in October. Hostelworld will integrate OccasionGenius' event database into its app and Social Pass feature while OccasionGenius will retain its name and team and continue servicing existing clients.

Tailwind Capital has made a control investment in Valor Fleet Services, a Leesburg, Virginia–based towing, recovery and roadside assistance platform operating roughly 14 locations. The partnership positions Tailwind to scale Valor through operational investment and add-on acquisitions in the highly fragmented towing and road services market; Full Guard Capital is the selling sponsor and Bruce Dressel will join Valor's board as Executive Chairman.

Euna Solutions has acquired GrantExec, an AI-native startup that streamlines grant discovery and research for nonprofits, universities, and community organizations. The acquisition will integrate GrantExec's AI-powered research capabilities into Euna's grants software suite to accelerate grants discovery and enhance the company's end-to-end grants platform.

Daboosh Investments, an independent sponsor based in Cleveland, has completed the acquisition of GS Industries of Bassett (GSIB), a custom injection molding manufacturer headquartered in Bassett, Virginia. Halifax West served as exclusive financial advisor, led the debt financing, and made a minority co-investment to support the transaction and future growth plans for GSIB.

Aurex, a Godspeed Capital–backed space and missile defense engineering platform, has acquired Alpha 2 Inc., a Chantilly, Virginia firm specializing in cryptographic engineering, cybersecurity, and secure communications for U.S. national security space systems. The add-on expands Aurex's capabilities in encryption engineering and classified secure communications to better support mission-critical space, missile defense and intelligence community customers; financial terms were not disclosed.

Blackstone has acquired Madison Dearborn Partners' remaining equity stake in AIR Control Concepts, making Blackstone the sole institutional investor after an initial investment in July 2024. AIR founder and CEO Brad Hobbs and his family are reinvesting alongside Blackstone as the company pursues continued expansion—including opportunities in data centers and adjacent service areas—across 35 U.S. states and Canada with more than 38 operating companies and roughly 1,900 associates.

22nd Century Technologies has acquired BT Federal, BT's U.S. government contracting subsidiary, from BT to form a new operating unit branded 22nd Century Networks. The deal expands 22nd Century's managed network and telecommunications capabilities nationwide to support U.S. federal missions; BT said the sale is part of a portfolio simplification and refocus on UK-centric operations. The transaction was cleared by the U.S. Federal Communications Commission.

Gryphon Investors has completed a majority growth recapitalization of Fortreum, a Lansdowne, Virginia-based cybersecurity services firm specializing in compliance, audit, and technical testing including FedRAMP, CMMC, ISO, PCI, and SOC. The investment will fund expansion of Fortreum's offerings and accelerate development and adoption of its XRAMP continuous validation platform and AI-enabled capabilities; company founders will retain a significant equity stake. Financial terms were not disclosed.

Arcwood Environmental, an EQT Infrastructure–backed national environmental services platform, has acquired MXI Environmental Services / Dynamic Recycling, a Virginia-based provider of hazardous and non-hazardous waste management, recycling, and household hazardous waste programs. The add-on expands Arcwood's waste transportation, recycling and HHW capabilities and strengthens its operational footprint across the Eastern United States.

RESA Power, a Kohlberg-backed provider of power systems services, has acquired 3MD Power Services LLC, a Roanoke, Virginia-based specialist in high-voltage transformer testing, repair, maintenance and installation. The add-on expands RESA Power's transformer solutions capabilities, increases its oil/dielectric fluid processing rig fleet and establishes a local operating presence in the South Atlantic states.

Platinum Equity completed the acquisition of the Products & Healthcare Services (P&HS) segment and the Owens & Minor brand from Owens & Minor, Inc. for $375 million; Owens & Minor retained a 5% equity interest and will rebrand its remaining business as Accendra Health. The acquired business — now Owens & Minor P&HS and headquartered in Richmond, Virginia — operates a vertically integrated medical and surgical supply distribution platform serving hospitals, health systems and other healthcare providers across the United States.

BigBear.ai completed the acquisition of Ask Sage, a secure generative AI platform for defense and regulated environments, for $250 million in cash. The deal expands BigBear.ai's mission-ready AI portfolio by adding Ask Sage's secure generative AI workflows and agentic capabilities for government and regulated commercial customers.

Apella Wealth announced that PBMares Wealth Management, the wealth management division of PBMares LLP based in Williamsburg, Virginia, has joined Apella, expanding the firm's Mid‑Atlantic presence. The deal closed December 31, 2025 and brings Apella closer to $10 billion in assets under management while adding advisory and CPA expertise to its platform.

J.C. Flowers & Co., a private investment firm focused on financial services, has acquired Admiral Group’s U.S. motor insurance business—Elephant Insurance Company and Elephant Insurance Services—effective 31 December 2025. Admiral sold the business to focus on opportunities in the UK and continental Europe while J.C. Flowers plans to support Elephant’s growth in the U.S. personal auto market.

Atlantic Coast Mortgage, LLC (ACM), a mortgage lender affiliated with FVCbank, has acquired Tidewater Mortgage Services, Inc., a Coastal Virginia-based residential mortgage lender. The deal adds approximately 45 loan officers and support staff, expands ACM’s footprint in the Mid‑Atlantic and Southeast, and is expected to be accretive to ACM’s production in 2026.

ATIS, a portfolio company of Thompson Street Capital Partners (TSCP), has acquired Bayline Lift Technologies, an independent elevator inspection and consulting firm headquartered in Norfolk, Virginia. The add-on strengthens ATIS's footprint in the Mid-Atlantic and expands its inspection and consulting capabilities for government and private-sector clients.

Oakline Properties, a portfolio company of Alpine Investors, has acquired Drucker + Falk, a Top-50 NMHC multifamily and commercial property management firm. The transaction brings D+F into Oakline's platform (increasing the platform to 65,000+ units managed) while the Drucker and Falk families will remain actively involved in the business.

NFP, an Aon company, has acquired Alan J. Zuccari, Inc. dba Hamilton Insurance Agency, a Fairfax, Virginia-based insurance brokerage specializing in senior living and long-term care. The deal brings Hamilton's risk management, integrated benefits administration technology (BeneLink Connect) and Electronic Risk Management Assistant into NFP's platform to expand capabilities for senior housing and long-term care clients.

Stout has acquired Pointe Advisory, a strategic advisory firm headquartered in Arlington, Virginia, adding nearly 100 professionals and establishing a new Stout Strategy practice. The deal, which closed on December 16, 2025, expands Stout's capabilities in growth strategy, commercial and vendor due diligence, market intelligence, and value-creation consulting for private equity sponsors and corporate clients.

Godspeed Capital Management LP has made a strategic growth investment in NextPoint Group (NPG), a Herndon, Virginia-based provider of AI-powered software, cloud modernization, and mission-critical network capabilities for the U.S. intelligence and defense communities. Financial terms were not disclosed; NPG CEO Ron Kattas and other management will retain meaningful ownership while Godspeed partners to build NPG into a mission-technology platform and expand its offerings.

Trivest Partners and Lunchline Partners have launched Lunchline Youth Brands, a new platform to scale early childhood education and youth enrichment franchisors, and announced a strategic growth investment in LeafSpring Schools. LeafSpring, founded in 1989 and headquartered in Glen Allen, Virginia, is a franchisor of early education programs and summer camps across the Southeastern United States and will join the new platform to support accelerated growth and franchise expansion.

EQT Foundation has made a catalytic growth-stage investment in Overview Energy, a Virginia-based deep tech company developing satellites to beam solar energy from space to Earth. The funding will support Overview's path toward commercial deployment of its continuous space-based solar power beaming technology and help scale its technology for utility, data center and resilience markets.

MANTECH, a mission-focused provider of cyber, AI and technology solutions, has acquired Elder Research, a data science and AI services firm serving Fortune 500 and U.S. government clients. The acquisition expands MANTECH's Data and AI Practice by adding Elder Research's applied AI capabilities, talent and training offerings to accelerate delivery of real-world AI solutions.

RPM Freight Systems has acquired Professional Automotive Relocation Services (PARS), combining RPM's finished-vehicle logistics platform with PARS' fleet relocation and lifecycle services. The deal, backed by RPM investors Trive Capital and Bluejay Capital, expands RPM's service portfolio to include driveaway, vehicle storage, titling and registration; terms were not disclosed.

Red River has acquired Invictus, a national security services provider specializing in cyber, intelligence and enterprise modernization, to strengthen its Government Technology Systems capabilities. Invictus will operate as "Invictus, a Red River Company," bringing talent and mission-focused capabilities that expand Red River's AI-enabled cybersecurity and national security modernization offerings to Department of Defense, Intelligence Community and federal civilian customers.

Verdantas, a Sterling Investment Partners-backed environmental and engineering consulting platform, has acquired Crawford Environmental Services (CES), a Roanoke, Virginia-based firm specializing in site assessment, remediation, emergency response, and compliance services. The add-on expands Verdantas' technical capabilities and geographic footprint—enhancing support for federal, industrial, and commercial clients across 18 states.

Woven Solutions, a Reston, Virginia-based provider of AI-enabled mission software, has acquired Cystemic Security to expand its cyber forensics and managed attribution capabilities. The deal — Woven's first acquisition after a strategic investment from Falfurrias Management Partners — strengthens its ability to deliver end-to-end cyber tooling and managed attribution solutions for U.S. national security and intelligence customers.

Connectbase has acquired Cloud Age, a telecom invoice automation and spend-management SaaS provider, integrating Cloud Age's spend-intelligence and invoice-normalization capabilities into Connectbase's connectivity transaction platform. Equality Asset Management (EAM) made a strategic investment in Connectbase to support the acquisition and accelerate global expansion.

Synergy ECP, a Columbia, Maryland-based federal IT and cybersecurity provider, has acquired NetServices, a nearly 30-year provider of secure technology solutions for defense, intelligence, and federal civilian customers. The transaction was supported by Synergy ECP's financial partner Falfurrias Management Partners and expands Synergy's technical capabilities across cloud migration, Zero Trust, DevSecOps, AI/ML, and enterprise IT operations.