Acquisitions in West Virginia in 2025

All Surfaces, a leading U.S. flooring distributor based in Bloomington, Minnesota, has acquired Abraham Linc, a family-owned Mid-Atlantic flooring wholesaler headquartered in Bridgeport, West Virginia. The acquisition expands All Surfaces' geographic footprint across 11 new states and increases its combined network to 48 locations covering 28 states, enhancing distribution capabilities and product selection.

Walgreens has acquired Fruth Pharmacy, a small West Virginia-based chain operating roughly a dozen community pharmacy locations, after the independent retailer cited pressure from reduced PBM reimbursement rates. The transaction transfers ownership from Lynne Fruth/the Fruth family to Walgreens (now controlled by Sycamore Partners) and aims to maintain pharmacy services for local communities in West Virginia and nearby areas.

Investcorp has acquired Kanawha Scales & Systems (KSS) from American Equipment Holdings, a portfolio company of Rotunda Capital Partners. Headquartered in Poca, West Virginia, KSS provides calibration, maintenance, repair and automated weighing solutions across multiple industrial end markets; Investcorp said the investment will support growth (including strategic M&A) and implement an Employee Ownership Plan for KSS employees.

ASUENE USA, a U.S. subsidiary of Tokyo-based ASUENE Inc., has completed the full acquisition and integration of Iconic Air, Inc., a U.S.-based SaaS provider specializing in greenhouse gas (GHG) emissions monitoring and methane-leak detection. The deal strengthens ASUENE's emissions-intelligence capabilities and expands its North American footprint, combining Iconic Air's real-time monitoring and methane management tools with ASUENE's carbon accounting and supply-chain decarbonization platform.

Whitewater Capital Partners has acquired all of Valley Gardens, a Charleston, West Virginia-based full-service landscaping and landscape architecture firm. The investment will provide Valley Gardens with capital to accelerate regional expansion, pursue strategic acquisitions, and strengthen its service offerings across Southern West Virginia.

Eagle Summit Resources, LLC purchased Reflectance Energy, LLC and will operate the acquired Reflectance coal mining complex under the new name Eagle Mountain Energy, LLC. The acquisition adds more than two million tons of annual metallurgical coal production capacity in Wyoming County, West Virginia and strengthens ESR's position among the top U.S. metallurgical coal producers; the deal was accompanied by a new term loan facility from Valor Mining Credit Partners (managed by Breakwall Capital in partnership with Vitol) and an exclusive marketing agreement with Vitol for export volumes.

Jack Henry & Associates, Inc. has acquired Victor Technologies, Inc. from MVB Financial Corp. The acquisition brings Victor's cloud-native, API-first embedded payments and Payments-as-a-Service (PaaS) capabilities into Jack Henry's suite to expand its payment services for banks, credit unions and fintech partners; terms were not disclosed and Jack Henry expects the deal to be accretive by fiscal 2028.

Energy Services of America’s subsidiary Nitro Construction Services has completed the acquisition of Rigney Digital Systems, a regional HVAC control systems designer, installer and service provider based in Hurricane, West Virginia. The deal expands Nitro’s building-technology and HVAC controls capabilities while preserving Rigney’s brand, staff and client relationships to support future growth in building efficiency solutions.

Seacoast Capital has made a subordinated debt and equity co-investment in Mail America to support a recapitalization led by Wildwood Capital. The deal provides liquidity to Mail America’s founding shareholders and positions the company to invest in people, technology, production capacity and potential add-on acquisitions to accelerate growth.

Guild Garage Group announced the completion of its partnership with Door Serv Pro, a family-owned residential garage door service company headquartered in Inwood, West Virginia with six locations across West Virginia, Virginia, Maryland and Pennsylvania. The deal is Guild’s 22nd acquisition since launching in 2024 (and its 8th in 2025) and brings Door Serv Pro into Guild’s multi-location residential garage door services platform while retaining the company’s management and unit-level ownership.

Valicor Environmental Services, a Pritzker Private Capital portfolio company, has acquired ECO-FIRST, Inc., a Huntington, West Virginia-based provider of industrial and commercial waste collection, treatment, and recycling services. The add-on acquisition expands Valicor's footprint in the Mid-Atlantic and broadens its wastewater treatment and environmental services capabilities.

Gabe's, a Morgantown-based off-price retailer, closed a recapitalization where existing term lenders converted over 75% of outstanding term loans into equity and a group of existing investors (led by Brigade Capital Management, Arbour Lane Capital Management and Anchorage Capital) assumed majority ownership. The transaction provides new capital, reduces debt, and is supported by continued ABL financing from Second Avenue Capital Partners and Ares Credit funds while Gabe’s finalizes vendor and landlord agreements to strengthen its store portfolio and operations.

Jennmar, a FalconPoint Partners portfolio company, has acquired Rohrig Heavy Equipment Maintenance, LLC to expand the service offerings of its Jennmar Services (JMS) business. JMS will assume Rohrig's customer agreements and continue operating Rohrig's existing facilities; terms were not disclosed.

Harmonia Holdings Group, a provider of advanced technology solutions to the U.S. federal government, has acquired Maveris as a wholly owned subsidiary to strengthen its cybersecurity capabilities and broaden its federal customer relationships, including deep ties with the Department of Veterans Affairs. The deal supports Harmonia’s growth strategy, which is backed by a strategic investment from Madison Dearborn Partners; financial terms were not disclosed.

Fernweh Group LLC has acquired Wincore Window Company, LLC, a Parkersburg, West Virginia-based manufacturer of vinyl windows, impact windows, fiberglass entry doors, and sliding patio doors. The transaction establishes Wincore as Fernweh's new platform in the Building Products sector as the firm looks to capitalize on improving housing and construction demand while retaining Wincore's senior management.