Tracked deals
132
132 tracked deals across 2026.
Tracked deals
132
132 tracked deals across 2026.
Buyer mix
Mixed buyer set
100 strategic · 51 pe
Top trend
Volume peaked in 2021
202 tracked deals announced in 2021.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Gryphon Investors | 3 | Middle-market private equity firm focused on scaling tech... | PE |
| Woven Solutions | 3 | Engineering firm providing AI-enabled mission software, c... | Strategic (PE-backed) |
| Blackstone | 2 | Global alternative asset manager focused on private equit... | PE |
| Cycurion, Inc. | 2 | AI-driven cybersecurity and national security solutions p... | Strategic |
| Procurement Sciences | 2 | AI growth platform for government contractors, providing ... | Strategic |
| Rocket Lab Corporation | 2 | Provides launch services and space systems (launch vehicl... | Strategic |
| 22nd Century Technologies | 1 | Public‑sector IT systems integrator providing managed ser... | Strategic |
| Acentra Health LLC | 1 | Technology and health solutions provider focused on moder... | Strategic |
| Agero, Inc. | 1 | White-label provider of digital driver assistance service... | Strategic |
| Aldrich Capital Partners | 1 | Growth equity firm investing in founder-led software and ... | PE |
Last 10 years
Supporting Data
PLACE agreed to acquire Ardley, whose AI-powered mortgage technology helps lenders analyze loan portfolios and deliver targeted loan offers to existing borrowers. The acquisition expands PLACE’s mortgage-lifecycle platform with portfolio intelligence and retention capabilities; Ardley will continue serving its existing customers and partners.
XKIG announced it has acquired ClearPath Solutions Group to expand its critical infrastructure services platform with emergency management, strategic consulting, and government relations capabilities. ClearPath will operate as part of XKIG’s Canopy Infrastructure Solutions business, adding capabilities such as debris management, heavy civil construction, and disaster recovery contracting.
GE HealthCare entered into a definitive agreement to acquire SOFIE Biosciences from Trilantic North America for $945 million in cash. SOFIE, a U.S. contract manufacturer of PET radiopharmaceuticals, will expand GE HealthCare’s U.S. manufacturing and distribution network; the transaction is expected to close in the first half of 2027, subject to regulatory approvals and other closing conditions.
Concurrent Investment Advisors has acquired Spire Investment Partners, adding about $5.4 billion in assets and more than 30 advisor teams to Concurrent’s wealth management platform. The deal is aimed at providing Spire advisors access to Concurrent’s integrated technology and centralized services while allowing them to maintain ownership of their practices, brands, and client relationships.
OpenMetal announced it has acquired Economize, a cloud cost management platform focused on FinOps and optimizing cloud and AI spend. The acquisition also launches OpenMetal Labs, which builds custom infrastructure and cost solutions for complex business needs, combining OpenMetal’s infrastructure with Economize’s software expertise.
Waverly Advisors acquired Heartwood Wealth Advisors, a Richmond, Virginia-based registered wealth management firm with about $1.7 billion in assets under management. The entire Heartwood team will join Waverly, while Heartwood will remain rooted in Richmond to preserve existing client relationships and expand service capabilities.
TJC (formerly The Jordan Company) completed the acquisition of Luna Innovations Incorporated for $1.39 per share in cash, taking the fiber optic technology company private. The deal was first announced on June 26, 2026 and became effective on September 18, 2026, with Luna transitioning to privately held ownership under TJC.
Iridium Communications stockholders have adopted the previously announced Agreement and Plan of Merger under which Rocket Lab will acquire Iridium. The transaction is expected to close by mid-2027, subject to remaining regulatory approvals and customary closing conditions.
Statecraft, an AI-native federal technology startup, announced it has acquired Daybreak LLC, an applied AI and data analytics firm serving U.S. federal agencies. The acquisition is intended to speed Statecraft’s deployment of targeted, auditable AI workflows in federal environments, reducing reliance on labor-intensive contractor services.
Augustus Global, LLC completed its acquisition of Omega Air, Inc. and its affiliate Omega Aerial Refueling Services, Inc. (collectively “Omega”). Omega becomes a subsidiary of Augustus Global while continuing to operate under its established brand and maintain existing contracts and operations.
American Real Estate Partners (AREP) and Brookfield Asset Management announced that affiliates of Brookfield have agreed to acquire a minority interest in AREP for an undisclosed amount. The investment pairs AREP’s vertically integrated data center development platform with Brookfield’s global real estate and infrastructure scale and capabilities.
ITC Federal announced the acquisition of Capgemini Government Solutions (CGS), creating a new entity called ITC Digital Solutions. The combined organization is intended to expand ITC Federal’s national security mission footprint and add capabilities in cloud modernization, enterprise data analytics/engineering, and platform expertise (including Salesforce and ServiceNow).
John Marshall Bancorp and Eagle Financial Services have signed a definitive agreement for an approximately $253 million all-stock merger. The deal will combine Eagle (parent of Bank of Clarke) into John Marshall (parent of John Marshall Bank), creating a Virginia-focused community banking company with approximately $4.4 billion in assets and 23 banking offices.
Pavion, a systems integrator focused on fire, life safety, security, and critical communications, acquired Communication Company, a Midwest technology solutions provider. The deal expands Pavion’s regional delivery capacity and adds healthcare-sector experience to its integrated technology portfolio.
CDW announced it has agreed to acquire data and AI services firm Lovelytics for approximately $525 million. The acquisition is intended to expand CDW’s Data & Analytics Practice and help customers modernize their data foundations and deploy AI at scale.
MacLean Power Systems signed a definitive agreement to acquire Delta Star, a manufacturer of power transformers, mobile and unitized substations, and related field services. Existing MPS sponsors Blackstone Energy Transition Partners, Blackstone Capital Partners, and Centerbridge Partners are expected to make substantial additional investments to fund the acquisition; the deal is expected to close in the fourth quarter of 2026.
Wealth Enhancement acquired the investment advisory business of Dickerson Jackson & Associates, a hybrid registered investment adviser based in Glen Allen, Virginia, with over $376 million in client assets. The deal closed on August 31, 2026 and expands Wealth Enhancement’s presence in the Mid-Atlantic region.
Bowman Consulting Group Ltd. entered into a proposed transaction to be acquired by Bernhard Capital Partners. Under the terms, Bowman shareholders are expected to receive $43.00 in cash per share.
Trustar Bank announced it signed a purchase and assumption agreement to acquire Forbright Bank’s branches in Potomac and North Bethesda, Maryland, and Forbright Bank’s customer service hub in McLean, Virginia. The deal includes approximately $750 million in local deposits for an estimated $19 million deposit premium and is expected to close in the fourth quarter of 2026, subject to regulatory approval and closing conditions.
JK Technology Services (JKTS), a subsidiary of JK Moving, has acquired 360 Rigging, a Manassas-based crane and rigging firm serving the technology sector. The deal expands JKTS’ crane/rigging capabilities and related support services to build a broader end-to-end platform for data center deployments and other technology infrastructure projects.
Electrical Equipment Company (EECO), a full-line electrical distributor based in Raleigh, North Carolina, acquired Foster Electric, an independent electrical supply distributor based in Lynchburg, Virginia. The transaction closed on August 11, 2026, and terms were not disclosed. Foster Electric will continue operating under its existing name, location, and with its team of 25 associates.
Monroe Capital provided a senior credit facility to support Summit Restoration Group’s acquisitions of Capital Construction Services and Capital Fire & Water. The combined “Capital” platform expands Summit’s integrated mitigation-to-rebuild capabilities for residential and commercial property restoration customers. Financial terms of the credit facility and acquisitions were not disclosed.
MyGolfSpy received a strategic investment from Graham Sports & Entertainment Partners (GSE) and Bolt Ventures, the family office of sports investor David Blitzer. The transaction closed in May 2026 and was structured through Pin High Golf, a newly formed platform intended to build an independent golf media, data, and experiences company anchored by MyGolfSpy.
HomeTrust Bancshares, Inc. will acquire Blue Ridge Bankshares, Inc. in an all-stock transaction valued at approximately $448.1 million. Under the definitive merger agreement, Blue Ridge shareholders will receive 0.086 shares of HomeTrust common stock for each Blue Ridge share, and the deal is expected to close in the first quarter of 2027, subject to regulatory and shareholder approvals.
Charlie Obaugh Auto Group acquired Campus Ford in Waynesboro, Virginia from Matt McMurray. Following the deal, Campus Ford will be renamed Charlie Obaugh Ford and remain at its current location, expanding the family-owned group’s dealership portfolio to include its first Ford franchise.
Verix Equity Partners announced a strategic investment in Syntasa, a sovereign agentic AI and data platform deployed across commercial and government enterprises. The deal is Verix’s inaugural platform investment, and Syntasa founder Jay Marwaha will continue leading the company as CEO while retaining significant ownership.
Acentra Health announced it has acquired FEI Systems to expand its healthcare technology platform and clinical solutions for Medicaid, LTSS, HCBS, and behavioral health. The combined organization will provide government agencies with an expanded portfolio across eligibility, assessments, provider management, claims/encounter processing, care coordination, and related care management capabilities.
MMS Group has completed its acquisition of TMI-Orion and TMI-USA, which will operate as JRI TMI and JRI TMI USA. The deal brings TMI’s precision validation and monitoring expertise into MMS/JRI’s environmental monitoring and metrology ecosystem, expanding North American capabilities.
Lallemand has completed the acquisition of Virginia-based BIO-CAT Enzymes & Microbials, effective July 31, 2026. The deal expands Lallemand’s U.S. footprint and capacity by adding BIO-CAT’s enzyme, microbial, fermentation, and life-sciences capabilities, along with production sites in Virginia and Minnesota.
O2 Investment Partners announced that, through its pool-care platform Azureon, it has made an investment in Subcomm Pools. The acquisition investment strengthens Azureon’s presence in the Washington, D.C. metropolitan area, with Subcomm gaining ownership in the Azureon platform and receiving operational support and resources.
Cycurion, Inc. has closed its acquisition of substantially all assets of Kustom Entertainment, Inc.'s legacy video solutions segment, including the Digital Ally-branded portfolio. The deal adds more than $5 million in expected annual revenue and over $1.2 million in EBITDA, along with access to 800+ public safety customers and a patent portfolio of 50+ patents to strengthen Cycurion’s AI-driven cybersecurity and video/evidence platforms.
Affiliates of The Veritas Capital Vantage Fund, L.P. have entered into a definitive agreement to acquire Steampunk, Inc., a federal contracting technology and digital services provider. After closing, Veritas plans to merge Steampunk with its existing portfolio company MetroStar Systems, LLC to form a larger mission-focused AI-enabled government contracting platform expected to close in Q3 2026 (subject to customary conditions).
MeyerGoergen PC and Durrette, Arkema, Gerson & Gill PC announced and completed their merger, creating the new Richmond-area firm Lawrence Arkema Perini Beirne Gerson Gill PC. The combined practice expands legal capabilities across litigation, corporate transactions, intellectual property, and construction-related matters while preserving client-focused, relationship-based service.
McNally Capital announced it has made a majority investment in TENICA Global Solutions, a provider of integrated engineering, mission operations, cybersecurity, and digital modernization solutions for U.S. national security missions. The partnership is intended to help TENICA accelerate growth, expand its capabilities, and continue investing in its specialized workforce while preserving its mission-focused culture. McNally partnered with Nio Advisors, LLC in connection with the investment.
Leonardo DRS has entered into a definitive agreement to acquire Raft LLC for an all-cash transaction valued at $450 million. Raft, headquartered in McLean, Virginia, provides open-architecture mission software focused on multi-domain data fusion and AI for national security customers, and the deal is expected to close in the fourth quarter of 2026.
CHAOS Industries has acquired Atropos Group, an aerospace company developing autonomous air platforms. The deal is intended to unite sensors and effectors with autonomous platforms to create an integrated counter-UAS “kill chain” and expand CHAOS’s Aerospace Division.
Arkenstone Defense has acquired GovPort, a government-contracting “system of record” that centralizes subcontractor compliance data and collaboration for prime and subcontractor teams. The acquisition is intended to extend Arkenstone Foundation and further integrate GovPort into Arkenstone’s government-contracting operating platform.
CORT Business Services, a Berkshire Hathaway company, has signed an agreement to acquire Dwellworks Living, the temporary housing division of Dwellworks. The acquired business will operate as “Dwellworks Living by CORT” following closing, which is expected on July 31, 2026 (subject to customary conditions).
Cary Street Partners acquired Seneca House Advisors, a Richmond, Virginia wealth management firm led by Elizabeth King, Matthew Daniel, and Tyler Napier. The deal expands Cary Street Partners’ presence with a dedicated West End Richmond office and brings the firm to 22 locations nationwide, while Seneca House’s team continues serving clients from its current location under the Cary Street Partners name.
Pelican Energy Partners, a private equity firm focused on energy services and equipment, announced the acquisition of Riggins Company, an engineered metal fabrication and custom component provider for the U.S. Navy and shipbuilding partners. The deal is aimed at expanding Riggins’ capacity and workforce to support increased U.S. investment in nuclear submarine and aircraft carrier fleets.
Guardian Capital Partners sold Precision Roll Solutions to American Roller, a Warren Equity Partners-backed platform company. The acquisition combines precision roll and roller-coating capabilities to create a larger roll platform and supports further scale and organic growth.
GovSignals announced it has acquired Turingon, adding Turingon’s capture and proposal team to GovSignals’ AI platform for government contracting. Turingon co-founders Arthur and Ellen Runno are joining GovSignals as Head of Sales and Deployment Strategist, bringing more than 60 years of combined capture and proposal experience.
Verdantas announced it has acquired American Engineering & Environmental Consultants (AEEC), a technology-focused environmental engineering and consulting firm headquartered in Reston, Virginia. The deal is intended to strengthen Verdantas’ artificial intelligence, digital transformation, and data analytics capabilities and expand its delivery of integrated engineering and digital consulting for federal and commercial clients.
Empower AI acquired Highlight Technologies, a Fairfax, Virginia-based federal IT services company, to expand AI-powered capabilities for U.S. federal agencies. The deal strengthens Empower AI’s ability to deliver DevSecOps, AI, data management, and cloud modernization, including through Highlight’s AI Data Integration & Orchestration Engine (AIDE). Financial terms were not disclosed, and the acquisition became effective on July 7, 2026.
Sila Services, a home services platform, announced its expansion into Western Virginia by acquiring Davis Heating and Air Conditioning Company. Davis provides maintenance- and repair-focused residential HVAC, plumbing, and electrical services across the Roanoke, Lynchburg, and Danville regions.
Realty Income has formed a $6 billion joint venture with Cloud Capital to acquire and develop hyperscale data centers. The venture’s initial move includes three triple-net leased data center assets in Virginia totaling 330 megawatts, with Realty Income expected to invest about $1.4 billion (initial funding around $700 million planned for Q2–Q3 2026).
The National Institute for Automotive Service Excellence (ASE) announced it has acquired WrenchWay. WrenchWay’s co-founders and employees are joining ASE, and the acquisition is intended to strengthen connections among schools, employers, and industry partners to support the technician workforce pipeline.
SummitIG, majority owned by SDC Capital Partners, has completed the acquisition of Dark Fiber and Infrastructure, LLC (DF&I) from funds managed by Blue Owl. The deal adds nearly 200 miles of DF&I conduit and dark fiber to expand SummitIG’s route diversity and density across Northern Virginia and into Maryland (to Baltimore).
Midwest Direct acquired Patton-Kiehl Group, Inc., a direct mail and marketing support services provider based in Woodford, Virginia. The acquisition closed on June 30, 2026, with Generational Group Capital Markets serving as the transaction advisor.
Rocket Lab and Iridium entered into a definitive agreement under which Rocket Lab will acquire all outstanding shares of Iridium for $54 per share in a cash-and-stock transaction. The deal is valued at approximately $8 billion and is expected to close in mid-2027, subject to stockholder approval and regulatory clearances.
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