Tracked deals
31
31 tracked deals across 2018-2026.
Private Equity Firm
Financial Services
River Associates
Chattanooga, Tennessee, United States
River Associates is a private equity firm based in Chattanooga, TN focused on investing in the lower middle market in the U.S. and Canada, targeting niche manufacturers, high-margin distributors, industrial service providers, and business services companies.
- Focus Areas
- Private equity, Lower middle-market investing
- Website
- riverassociates.com
Recent pace
4
4 tracked deals announced in the last 12 months.
Deal mix
Addon
17 addon · 14 buyout
River Associates Acquisition Volume by Year
Last 9 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 31 tracked deals for River Associates.
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August 18, 2026
- Buyer
- River Associates Investments, L.P.
- Target
- Diamond Wipes, Inc.
- Seller
- Nolan Capital
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
River Associates Investments, L.P., a lower middle-market private equity firm, acquired Diamond Wipes, Inc. The transaction closed on August 7, 2026, and River plans to support growth through investment in capabilities and future add-on acquisitions.
-
- Buyer
- River Associates Investments, L.P.
- Target
- Horsepower Automotive Group
- Seller
- Huron Capital Partners
- Industry
- Transportation
- Location
- Arizona, United States
- Type
- Buyout
River Associates Investments acquired Horsepower Automotive Group, a Chandler, Arizona-based portfolio of aftermarket brands serving off-road and overlanding enthusiasts. The transaction closed on June 11, 2026 and was announced July 8, 2026, with River planning to invest further in product development and pursue add-on acquisitions to expand the platform.
-
March 24, 2026
- Buyer
- The Rubber Group, River Associates Investments, L.P.
- Target
- Diversified Plastics, Inc. (DPI)
- Seller
- Diversified Plastics owner and management team (Brad Reid and leadership team) — selling party not otherwise named
- Industry
- Industrial Services
- Location
- Montana, United States
- Type
- Buyout
River Associates’ portfolio company The Rubber Group acquired Diversified Plastics, Inc. (DPI), a precision plastics manufacturer. The combination integrates rubber, plastics, and urethane capabilities and keeps DPI operating from its existing Missoula, Montana facility under the new name Diversified Plastics Industrial Solutions.
-
January 30, 2026
- Buyer
- Hoskin Group, Hoskin Scientific, River Associates Investments, L.P.
- Target
- Westech Industrial, Westech
- Industry
- IT Services
- Location
- Canada
- Type
- Addon
River Associates Investments’ Canada-based portfolio company, Hoskin Group (Hoskin Scientific), has completed the acquisition of Calgary-based Westech Industrial. The transaction closed on January 30, 2026, and expands Hoskin’s industrial and process instrumentation platform in Canada.
-
February 7, 2025
- Buyer
- Pelco Products, Inc., River Associates Investments, L.P.
- Target
- PedSafety
- Industry
- Manufacturing
- Location
- Idaho, United States
- Type
- Addon
Pelco Products, a portfolio company of River Associates, acquired PedSafety, a Boise-based pedestrian safety products manufacturer; the transaction closed on February 7, 2025. The add-on expands Pelco's product portfolio by integrating PedSafety's pedestrian-focused technology with Pelco's traffic management hardware to deliver more comprehensive intersection and mid-block safety solutions across North America.
-
November 15, 2024
- Buyer
- River Associates Investments, L.P.
- Target
- ID Label, Inc.
- Industry
- Manufacturing
- Location
- Illinois, United States
- Type
- Buyout
River Associates Investments, L.P. acquired ID Label, Inc., a custom variable information barcode label and warehouse signage manufacturer based in Lake Villa, Illinois. The transaction closed on November 15, 2024.
-
- Buyer
- Pelco Products, Inc., River Associates Investments, L.P.
- Target
- Component Products, Inc.
- Seller
- Guertler family
- Industry
- Building Products
- Location
- Illinois, United States
- Type
- Addon
Pelco Products, an Edmond, Oklahoma-based portfolio company of River Associates, acquired Component Products, Inc., a family-owned traffic and light pole manufacturer based in Elmhurst, Illinois. The add-on transaction closed on October 3, 2024 and will keep CPI operating in Elmhurst while expanding Pelco's product offering, capacity and geographic footprint across the U.S. and Canada.
-
September 19, 2024
- Buyer
- The Hoskin Group, River Associates Investments, L.P.
- Target
- Measur
- Industry
- Industrial Services
- Location
- Alberta, Canada
- Type
- Addon
The Hoskin Group, a Canadian test-and-measurement platform owned by River Associates, acquired Measur, a Canadian specialist distributor of drones, materials testing and geomatics equipment. The add-on deal expands Hoskin's product and technical capabilities and extends its national sales and distribution reach across construction, mining, oil & gas and public safety end markets.
-
August 2, 2024
- Buyer
- River Associates Investments, L.P.
- Target
- Minerva Beauty, LLC
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Buyout
River Associates Investments acquired Minerva Beauty, a Monroe, Georgia-based designer and supplier of salon equipment and furnishings, with the transaction closing on August 2, 2024. River Associates (via River VIII) will partner with Minerva's founders and management to pursue organic growth and complementary acquisitions to expand product categories and market share.
-
April 19, 2024
- Buyer
- River Associates Investments, L.P., Northstar Capital
- Target
- Dollamur, LLC
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Buyout
River Associates Investments acquired Dollamur, LLC, a Fort Worth-based manufacturer of branded sports surfaces, in a transaction that closed April 19, 2024. Northstar Capital provided junior capital and an equity co-investment alongside River; River plans to pursue complementary strategic acquisitions to grow Dollamur.
-
September 29, 2023
- Buyer
- Hoskin Scientific Ltd., River Associates Investments, L.P.
- Target
- Durham Instruments
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Type
- Addon
Oakville, Ontario-based Hoskin Scientific, a portfolio company of River Associates, has acquired Pickering, Ontario-based Durham Instruments, a supplier of test & measurement instrumentation, data acquisition and control systems. The deal, financed with mezzanine debt from PNC Mezzanine Capital, expands Hoskin's national footprint and strengthens its product and service offering across aerospace, automotive, industrial and research end markets.
-
April 3, 2023
- Buyer
- Yale Cordage, River Associates Investments, L.P.
- Target
- I&I Sling, Inc., Slingmax, Inc.
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Addon
Yale Cordage, a portfolio company of River Associates, has acquired I&I Sling, Inc. and Slingmax, Inc., combining their synthetic rope and heavy-lift sling capabilities. The deal creates an expanded U.S.-manufacturing platform of over 230 employees serving utility, energy/offshore and infrastructure markets and is structured as an add-on to Yale Cordage (acquired by River Associates in 2020).
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
21 tracked deals by River Associates.
Industrial Services Buyers & Acquisitions
4 tracked deals by River Associates.
Building Products Buyers & Acquisitions
3 tracked deals by River Associates.
Transportation Buyers & Acquisitions
2 tracked deals by River Associates.
Acquisitions in Illinois
5 tracked deals by River Associates.
Acquisitions in Texas
3 tracked deals by River Associates.
Acquisitions in Idaho
2 tracked deals by River Associates.
Acquisitions in Maine
2 tracked deals by River Associates.
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