Acquisitions in Washington

Anthropic has acquired Seattle-based startup Vercept and will integrate Vercept’s team and technology into its Claude product to improve autonomous computer-use and multi-step task performance. Vercept will wind down its external product as its employees join Anthropic to help expand Claude’s ability to operate inside live applications and handle complex workflows.

Harbor Health, a Texas-based primary and specialty care clinic group that also operates a health plan, has acquired Rippl, a dementia care platform that helps seniors remain at home and avoid unnecessary acute care. The acquisition adds dementia-focused capabilities to Harbor Health's condition-focused care pathways, supports its expansion into Florida, and includes continued investor commitment from Rippl backers.

Exa Capital has acquired StaffReady, a cloud-native SaaS platform for clinical workforce management used by hospitals, laboratories, pharmacies and other healthcare organizations. StaffReady will continue to operate independently under its existing leadership while leveraging Exa Capital's strategic and operational resources to support product innovation and long-term growth. The deal expands Exa Capital's presence in healthcare technology and the clinical workforce management segment.

Estes Logistics, a division of Estes Express Lines, has acquired Key Trucking Inc, a regional full-service transportation and freight provider based in Kent, Washington. The acquisition expands Estes' footprint into the Pacific Northwest and transfers all current Key Trucking employees to Estes while preserving the company's legacy under the Castagno family ownership transition.

Stratus Team, LLC acquired Kestrel Engineering Group, an industrial process facilities engineering and design firm with six offices across the U.S. Northwest and Upper Midwest. The deal expands Stratus' geographic footprint into the Northwest and Upper Midwest while adding specialized industrial/process engineering capabilities to its multi-disciplinary platform.

Orion Group Holdings, Inc. (NYSE: ORN) has acquired J. E. McAmis, Inc. and JEM Marine Leasing LLC for approximately $60 million (net of cash) to expand its marine construction capabilities, including jetty and breakwater construction and strategic Jones Act assets. Consideration includes $46 million in cash, a $12 million five-year subordinated promissory note at 6% interest, $2 million in Orion common stock, plus contingent project-based payments; Orion expects the deal to be accretive to 2026 adjusted EBITDA.

Busy Bees North America (BBNA) acquired thirteen early learning centers in the greater Seattle area — seven Kids N Us locations and six Birch Tree Academy locations — expanding BBNA’s U.S. footprint into Washington State. The deal adds roughly 380 educators and staff and more than 1,575 children and families to Busy Bees’ network, growing BBNA to about 270 centers across the United States and Canada.

Rayonier and PotlatchDeltic have closed their previously announced merger of equals to form a combined land resources and wood products company owning more than four million acres of U.S. timberland and operating multiple sawmills and a plywood mill. The combined company will initially retain the Rayonier name and trade under the ticker RYN, with leadership and board representation split roughly equally between the legacy companies to create a larger, more diversified timberland and wood products platform.

Clearstead Advisors has acquired The Clarius Group, a Seattle-based multi-family office overseeing approximately $5.1 billion in assets, with the transaction closing on January 31, 2026. Thirty-six Clarius professionals, including co-founders Keith Vernon and Matthew Talbot, joined Clearstead as part of the deal, which strengthens Clearstead's ultra-high-net-worth and family office capabilities and its presence in the Pacific Northwest.

Heritage Financial Corporation completed its acquisition of Olympic Bancorp, Inc., effective January 31, 2026, merging Olympic into Heritage and Kitsap Bank into Heritage Bank. Under the merger, Heritage issued an aggregate 7,167,600 shares of common stock and Olympic shareholders will receive 45.0 shares of Heritage common stock per Olympic share (with cash for fractional shares); acquired Kitsap Bank branches will continue operating under the Kitsap Bank name.

Hoffmann Family of Companies (HF Companies), a family-owned investment firm, has acquired a majority interest in Smith Gardens, a fourth-generation greenhouse grower headquartered in Bellingham, Washington. The deal (which includes Smith Gardens' Pacific Plug & Liner propagation division) keeps Eric and Mark Smith in leadership with partial ownership and expands Hoffmann's agricultural vertical into the Pacific Northwest.

Loar Holdings completed an all-cash acquisition of Harper Engineering Company for $250 million. Loar said it will combine its operational and engineering capabilities with Harper’s portfolio of aircraft interior latching and securing mechanisms to expand Harper’s aftermarket footprint and support growth from rising commercial aircraft build rates.

Pye-Barker Fire & Safety has acquired EVCO Integrated Solutions, a Spokane-headquartered security system and fire alarm company serving education, healthcare and commercial customers in eastern Washington, north Idaho and western Montana. The acquisition expands Pye-Barker's life-safety and security service footprint in the Northwest and brings EVCO's capabilities in fire alarms, access control, video surveillance and communications infrastructure into Pye-Barker's platform.

Great Frontier Beverage (the Great Frontier Collective led by Ninkasi Brewing) has acquired Washington-based Incline Cider and Seattle-based San Juan Beverage Company (San Juan Seltzer). The deals bring two regional craft beverage brands into the Great Frontier portfolio to broaden its beer, cider and seltzer offerings and expand distribution across the Pacific Northwest.

Phenom has acquired Included, an AI-native people analytics platform, to integrate agentic workforce analytics and actionable insights into Phenom's applied AI HR platform. The deal expands Phenom's workforce intelligence capabilities by standardizing disparate HR data, adding conversational AI-driven analytics and actionable recommendations for HR teams and business leaders.

Bailey Equipment & Intralogistics, a third-generation family-owned forklift dealership headquartered in Nashville, Tennessee, has acquired Equipment Depot’s Washington state operations and will establish a regional headquarters in Kent, Washington. Bailey will serve as the authorized Logisnext dealer in Washington for Cat Lift Trucks, Mitsubishi Forklift Trucks, and Jungheinrich, expanding its material handling, warehouse solutions, and intralogistics services into the Washington market.

Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital, completed the acquisition of the Philips Emergency Care business from Koninklijke Philips N.V., which will operate as Heartstream under a Philips brand license. The carve-out, headquartered in Bothell, Washington, employs more than 600 people, serves over 130 countries and positions ECH to launch a global emergency medical products platform focused on consolidation, innovation and recurring software and service revenue.

Solmetex, LLC has acquired ReLeaf, a developer of hands-free, high-volume evacuation systems for dental hygiene and clinical procedures, to expand its patient-safety and procedural-efficiency product portfolio. The acquisition will integrate ReLeaf's evacuation and aerosol-reduction technology into Solmetex's offerings and broaden accessibility to dental practices in the United States and Canada. Financial terms were not disclosed; Solmetex is PE-backed by investors including GTCR, AGIC Capital, Avista Healthcare Partners, and Gemini Investors.

Truelink Capital has acquired a majority stake in Prime Electric from WestView Capital Partners; financial terms were not disclosed. Prime Electric, founded in 1987 and headquartered in Bellevue, Washington, is a leading West Coast electrical contractor serving data center, technology, healthcare, commercial and industrial clients. The deal positions Prime for continued regional expansion and capability growth under Truelink's ownership while WestView remains involved.

Verdantas, a PE-backed technical consulting firm, has acquired PACE Engineers, a Kirkland, Washington-based multidisciplinary engineering, surveying, and environmental consulting firm. The deal (terms undisclosed) expands Verdantas' multidisciplinary capabilities and Pacific Northwest footprint while providing additional resources and development opportunities for PACE staff.

Microsoft has acquired Osmos, an agentic AI data engineering platform, to integrate autonomous data-preparation and ingestion capabilities into Microsoft Fabric and OneLake. The Osmos team will join Microsoft's Fabric engineering organization to help automate data transformation and accelerate AI- and analytics-ready workflows; financial terms were not disclosed.

Altaris has completed the acquisition of Tegria Services Group, Inc. from Providence St. Joseph Health, establishing Tegria as a standalone, Altaris‑backed portfolio company that will continue to serve Providence as a preferred technology services partner. The deal positions Altaris to expand its healthcare services and technology platform capabilities—supporting providers and payers with consulting, managed services, data & analytics, and revenue cycle management.

Ferguson Wellman Capital Management, an employee-owned investment advisory firm based in Portland, Oregon, has acquired Vancouver, Washington–based Great Northern Asset Management effective January 1, 2026. The acquisition expands Ferguson Wellman's regional presence in Southwest Washington and adds Great Northern's $229 million in client assets while preserving the Vancouver office and key advisors.

Carsoe has acquired Ryco Equipment, a supplier of seafood processing machinery and services, in a deal effective immediately. The acquisition expands Carsoe's product portfolio and strengthens its service and parts capabilities in the US market.

a360inc has acquired Notary Hub, a digital notarization and signing platform, to expand its digital signing and remote online notarization capabilities and integrate the technology into its CloseClear notary management platform. Notary Hub will continue operating while its technology and vendor network are folded into a360inc's offerings, enhancing automation, document controls, and signing capabilities for clients across title, legal, lending, and professional services markets.

The Wyckoff Family has acquired Ste. Michelle Wine Estates, including its portfolio of brands, vineyards, facilities and operations, returning Washington’s largest premium wine company to private regional family ownership. The deal preserves continuity of management and signals a long-term commitment to winemaking quality and Washington grape growers.

HSA Bank, a division of Webster Bank (holding company Webster Financial Corporation), has acquired Secure Inc. (d/b/a SecureSave), a provider of employer-sponsored emergency savings accounts. The acquisition expands HSA Bank's Healthcare Financial Services capabilities and makes it one of the largest providers of employer emergency savings accounts; terms were not disclosed and the deal closed on December 4, 2025.

360training.com, Inc. has acquired UST Training, a leading provider of state‑approved Class A/B and Class C online operator training for underground storage tank (UST) systems. The acquisition brings UST Training's Tank Savvy content and regulatory expertise onto 360training's platform to expand regulated EHS training offerings and accelerate growth in tank‑safety and fuel‑system compliance markets.

MES Life Safety, a PE-backed national provider of fire, safety, and emergency response solutions, has acquired SeaWestern Inc., a Kirkland, Washington-based supplier of firefighting and safety equipment. The deal — supported by MES sponsor Platte River Equity — expands MES's presence and capabilities across the Western United States and adds regional relationships, equipment distribution, and service capabilities to the MES platform.

LEHR, a national emergency vehicle upfitting platform and portfolio company of Broadwing Capital, acquired Systems for Public Safety, Inc., a Pacific Northwest provider serving law enforcement, fire, and municipal agencies. The add-on expands LEHR's geographic footprint into the Pacific Northwest and adds specialized upfitting and technical capabilities across emergency vehicle categories.

HCAP Partners has invested in IND, Inc. to support management's buyout of IND's majority shareholder and provide capital for facility expansion, working capital, and growth. IND, headquartered in Vancouver, Washington, provides critical cleaning, coating, refurbishment, and engineering services to semiconductor equipment manufacturers and will remain led by founder and CEO Jonathan Lovegrove.

UJET has acquired Spiral, a conversational analytics and AI company, to accelerate its AI roadmap and add a standalone customer intelligence product to its CCaaS platform. The deal integrates Spiral's conversation- and feedback-analysis capabilities into UJET's AI-first contact center offering while allowing Spiral to continue operating as a standalone product under the name Spiral by UJET.

Amynta Group’s subsidiary First Nonprofit Companies, Inc. (FNP) has acquired Nonprofit Services Insurance Agency, Inc. (NPS), a Longview, Washington-based provider of captive management unemployment insurance solutions for nonprofit organizations. Terms were not disclosed; NPS founders Dennis Costa and Mark Hanson will remain with the business as it integrates into FNP to expand and diversify FNP’s nonprofit unemployment insurance offerings.

Odeko has acquired Dairy Distributing, a specialty distributor headquartered in Bellingham, Washington, from Troia Foods. The transaction expands Odeko's Pacific Northwest distribution footprint and gives Dairy Distributing's customers access to Odeko's online ordering platform, broader product catalog and additional services such as equipment financing and insurance.

DXP Enterprises, Inc. has completed the acquisition of Triangle Pump & Equipment, Inc., a Ridgefield, Washington-based manufacturer's representative and distributor of pumps and process equipment serving the municipal and industrial water/wastewater markets. The deal, funded with cash, expands DXP’s Water division geographically and adds aftermarket repair and service capabilities; Triangle reported approximately $15.1 million of sales and $2.4 million of adjusted EBITDA for the twelve months ended June 30, 2025.

Nexa Equity, a San Francisco-based private equity firm, has made a strategic growth investment in Cedar AI, an AI-powered transportation management system serving railroads and rail shippers. The investment will support Cedar AI’s product development and commercial expansion from its headquarters in Seattle, Washington.

Waverly Advisors has acquired Pacific Portfolio Consulting, LLC and Pacific Portfolio Trust Company to expand into the Pacific Northwest and add trust capabilities. The deal brings roughly $5 billion of AUM to Waverly, increasing the firm's total AUM to about $25.1 billion; financial terms were not disclosed and the transactions closed in late September and October 2025.

Karman Space & Defense (NYSE: KRMN) acquired Five Axis Industries, an Arlington, Washington-based supplier of advanced nozzle and fuel system subsystems, for $83 million in cash plus approximately $5 million in Karman shares (about $88 million total). The acquisition, which closed October 28, 2025, expands Karman's propulsion and launch-system capabilities by adding proprietary nozzle, spun-form and 3D-printed Inconel technologies and was funded in part by an increase to Karman's Term Loan B.

OmniMax International, a PE-backed manufacturer of residential building products, has acquired Nu-Ray Metal Products, a West Coast regional manufacturer of roofing accessories and metal panels with facilities in Puyallup, Washington and Perris, California. Heritage Capital Group advised OmniMax on the transaction; financial terms were not disclosed. The deal expands OmniMax's West Coast footprint and manufacturing capabilities.

Alloy Therapeutics has acquired Seattle-based Spannerwerks, a drug development consulting firm, which will operate as a wholly owned subsidiary and continue serving clients under the Spannerwerks name. The deal expands Alloy's capabilities beyond discovery into preclinical and clinical development, with Spannerwerks CEO Dara Lockert joining Alloy's leadership team.

The Bay Club Company has acquired Harbor Square Athletic Club in Edmonds, Washington, expanding Bay Club’s presence in the Pacific Northwest. The deal brings the full-service Harbor Square club into Bay Club’s membership network as an add-on to its West Coast portfolio; financial terms and the seller were not disclosed.

Cumming Group has merged with Seneca Group, bringing more than 70 Seneca professionals into Cumming’s platform to expand the firm’s Pacific Northwest capabilities. The combination strengthens Cumming Group’s owner-advisory, project management, and cost-consulting services for corporate, healthcare, and education clients and expands its regional and international footprint.

Samsung Electronics has completed the acquisition of Xealth, a Seattle-based digital health platform that integrates digital tools and wearable data into clinician workflows. The deal advances Samsung's connected care strategy by combining its wearable technology with Xealth's EHR-embedded orchestration platform—Xealth will continue to operate under its existing brand and leadership.

SOLVE, a provider of AI-driven fixed-income market data and analytics, has acquired MBS Source, a Mercer Island-based provider of data and trading solutions for mortgage- and asset-backed securities. The acquisition expands SOLVE’s structured products coverage and adds specialized predictive pricing, prepayment models, and trading functionality to its multi-asset fixed income platform.

Renaissance, a national network for independent insurance agencies, has acquired the agency network business of Insurance Services of the West, LLC (doing business as Insurance Agency Network or IAN), which represents more than 70 member agencies and $400 million in premium volume. The deal expands Renaissance's national footprint into 12 additional states and gives IAN members access to Renaissance's carrier/market access, placement services, technology platforms (including new AI tools), and enhanced profit-share opportunities.

UPSTACK has acquired Breakwater Cloud Advisors, a Vancouver, Washington–based customer experience (CX) consulting firm, to accelerate and expand its CX + AI practice. Breakwater's founders Brendan Paulin and Andrew Millard (and Business Development Director Star Toups) will join UPSTACK to broaden the company's advisory and execution capabilities across CCaaS, conversational AI, workforce management, analytics and automation for midmarket and enterprise clients.

White Cap has acquired Advanced Forming Solutions (AFS), a concrete forming and shoring provider based in Castle Rock, Washington, and Anchor Construction Industrial Products, a Winnipeg-based distributor with six locations across Western Canada. The acquisitions expand White Cap’s branch footprint and service capabilities in the Pacific Northwest and Western Canada to better serve commercial, civil, government and institutional contractors.

Corient has acquired Bristlecone Advisors, a Bellevue, Washington-based registered investment advisory firm managing approximately $2 billion in assets. The deal expands Corient’s Pacific Northwest presence and adds Bristlecone’s multi-family office capabilities and tax/estate services to Corient’s fee-only private partnership platform.

Balavant Insurance Group, a national managing general agency (MGA) platform based in Novato, California, has acquired TIMBY Specialty Insurance Solutions, an inland marine program manager headquartered in Everett, Washington. TIMBY will continue to operate under its brand with its team joining Balavant, expanding Balavant’s inland and ocean marine capabilities and program capacity for transportation, logistics, energy, and construction markets.

Pike Street Capital, a Seattle-based growth-oriented private equity firm, has made a strategic growth investment in DigiStor (formerly CRU Data Security Group), a Vancouver, Washington-based manufacturer of secure data-at-rest SSDs and removable storage. The capital will support DigiStor's product expansion, OEM partnerships, geographic expansion, and potential strategic acquisitions to accelerate growth and innovation.