Private Equity-Backed Acquisitions in Virginia
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- Buyer
- The Riverside Company, Cloudpermit
- Target
- CityReporter
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Type
- Addon
Riverside has invested in CityReporter, a cloud-based provider of municipal asset management and inspections software, as an add-on to its portfolio company Cloudpermit. Cloudpermit will integrate CityReporter’s maintenance management and inspections capabilities to expand its local government software suite beyond regulatory workflows into field maintenance and asset management across municipalities in North America.
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- Buyer
- Trimlite
- Target
- Harris Door & Millwork LLC
- Industry
- Logistics & Distribution
- Location
- Virginia, United States
- Type
- Addon
Trimlite, a platform company backed by Wynnchurch Capital, acquired Harris Door & Millwork, a value-added door distributor serving customers in the Southeast. The JIAN Group advised Harris Door & Millwork in the transaction, and Harris leadership (Scotty Harris Jr. and Devon Miller) will provide continuity post-close while remaining shareholders.
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March 9, 2026
- Buyer
- Trident Solutions
- Target
- Ibeos
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Type
- Buyout
Trident Solutions announced it has acquired Ibeos, a developer of space-qualified power systems, flight computers, processing and data storage units, and high-density batteries. The deal is intended to expand Trident’s space electronics portfolio by combining power/battery and avionics expertise with Trident’s on-orbit mission data processing and networking capabilities.
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March 5, 2026
- Buyer
- B/CORE, NewSpring Holdings
- Target
- Fuel Consulting
- Seller
- Heidi Gerhards (Founder, Fuel Consulting)
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
B/CORE announced it has acquired Fuel Consulting to strengthen its ability to turn emerging technologies into operational capabilities for the U.S. Intelligence Community and Department of War. Fuel Consulting brings nearly two decades of mission expertise and advisory capabilities in organizational transformation, governance frameworks, and technology integration.
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February 26, 2026
- Buyer
- Nexus Enterprise Imaging, LLC (NXXIM), Geneva Private Equity
- Target
- Apollo Enterprise Imaging
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Type
- Addon
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.
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February 20, 2026
- Buyer
- Markon, Sterling Investment Partners
- Target
- Millennium Corporation
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Type
- Addon
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.
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February 11, 2026
- Buyer
- Halo Partners, L.P.
- Target
- W.O. Grubb
- Seller
- Estate of prior family ownership
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Buyout
Halo Partners, L.P. (through certain affiliates) acquired W.O. Grubb (“Grubb”) in partnership with current management from the estate of prior family ownership. The investment is intended to accelerate Grubb’s growth in core infrastructure, industrial, utility, and data center markets, including support for expansion, technology upgrades, and fleet investments.
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February 10, 2026
- Buyer
- VetEvolve
- Target
- Gentle Care Animal Hospital
- Seller
- Dr. Barbara Stevens
- Industry
- Veterinary
- Location
- Virginia, United States
- Type
- Addon
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.
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February 8, 2026
- Buyer
- Woven Solutions, Falfurrias Management Partners
- Target
- Apira Technologies
- Industry
- AI & Machine Learning
- Location
- Virginia, United States
- Type
- Buyout
Woven Solutions, a provider of AI-enabled mission software for the national security community, announced it has acquired Apira Technologies. Apira develops software tools for sensitive cyber and information operations, including capabilities in computer vision, machine learning, and AI systems used for synthetic media detection and secure digital engagement.
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February 8, 2026
- Buyer
- Auria
- Target
- BCubed Engineering Corporation
- Industry
- Software
- Location
- Virginia, United States
- Type
- Buyout
Auria, a provider of command, control, and communications (C3) software and solutions for advanced space and missile operations, announced its acquisition of BCubed Engineering Corporation. The addition of BCubed expands Auria’s end-to-end, software-defined C3 capabilities supporting customers including the U.S. Space Force, Special Operations Command, and the Intelligence Community.
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February 6, 2026
- Buyer
- H.I.G. Capital
- Target
- CargoTuff
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Buyout
H.I.G. Capital, through an affiliate, completed the acquisition of CargoTuff, a manufacturer and distributor of load securement products used to prevent load shifting and reduce freight damage across rail, ocean, truck, and intermodal shipping. CargoTuff’s management team led by Co-CEOs Helmut Elze and Selim Akdoğan will remain in place, with H.I.G. supporting continued investment in growth and expansion of product capabilities and global manufacturing footprint.
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- Buyer
- Vision Innovation Partners, Gryphon Investors
- Target
- Ophthalmic Associates of Alexandria
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Type
- Addon
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.
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- Buyer
- DC Capital Partners
- Target
- Knexus
- Industry
- AI & Machine Learning
- Location
- Virginia, United States
- Type
- Growth capital
DC Capital Partners announced it has made a majority investment in Knexus, an applied AI provider serving complex, mission-critical U.S. government programs. The investment is intended to support Knexus’s next phase of growth across business development, technology, and operations.
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February 1, 2026
- Buyer
- Quantum Leap
- Target
- Veros Technologies
- Seller
- Razor's Edge
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Type
- Buyout
Veros Technologies, a portfolio company of Razor's Edge, has announced its acquisition by Quantum Leap, a portfolio company of Carlyle. Terms of the transaction were not disclosed. Veros provides advanced cyber and operational capabilities to U.S. Government customers, particularly within the Intelligence Community.
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January 30, 2026
- Buyer
- Care Advantage, Inc., Searchlight Capital
- Target
- Neighborly Home Care (DE locations: Wilmington and Georgetown)
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Type
- Addon
Care Advantage, Inc. completed the acquisition of Neighborly Home Care’s Wilmington and Georgetown, Delaware locations. The deal expands Care Advantage’s Mid-Atlantic and Southeast in-home care footprint, while Neighborly will retain its Ardmore, Pennsylvania location.
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January 21, 2026
- Buyer
- Gillson Sciences, Keystone Capital Management, L.P.
- Target
- SanAir Technologies Laboratory, Inc.
- Industry
- Environmental Services
- Location
- Virginia, United States
- Type
- Addon
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.
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January 21, 2026
- Buyer
- Seekye Capital
- Target
- DuvallWheeler LLP
- Industry
- Accounting & Tax
- Location
- Virginia, United States
- Type
- Buyout
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.
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January 15, 2026
- Buyer
- Tailwind Capital
- Target
- Valor Fleet Services
- Seller
- Full Guard Capital
- Industry
- Trucking & Fleet
- Location
- Virginia, United States
- Type
- Buyout
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.
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January 12, 2026
- Buyer
- Aurex, Godspeed Capital Management LP
- Target
- Alpha 2 Inc.
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Type
- Addon
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.
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- Buyer
- Daboosh Investments, LLC, Halifax West
- Target
- GS Industries of Bassett, Ltd
- Industry
- Manufacturing
- Location
- Virginia, United States
- Type
- Buyout
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.
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- Buyer
- Blackstone, Brad Hobbs and family
- Target
- AIR Control Concepts
- Seller
- Madison Dearborn Partners
- Industry
- HVAC & Mechanical
- Location
- Virginia, United States
- Type
- Recapitalization
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.
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- Buyer
- Gryphon Investors
- Target
- Fortreum
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Type
- Recapitalization
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.
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- Buyer
- Arcwood Environmental
- Target
- MXI Environmental Services, Dynamic Recycling
- Seller
- Founding family of MXI Environmental Services (including President Ronald Potter)
- Industry
- Environmental Services
- Location
- Virginia, United States
- Type
- Addon
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.
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January 6, 2026
- Buyer
- RESA Power, LLC
- Target
- 3MD Power Services LLC
- Industry
- Energy
- Location
- Virginia, United States
- Type
- Addon
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.
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December 31, 2025
- Buyer
- Platinum Equity
- Target
- Owens & Minor Products & Healthcare Services (P&HS) business (including the Owens & Minor brand)
- Seller
- Owens & Minor, Inc.
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Type
- Buyout
Platinum Equity completed the acquisition of Owens & Minor’s Products & Healthcare Services (P&HS) segment, creating a privately held standalone company operating under the Owens & Minor brand. The seller retained a 5% equity stake, and the acquired business is expected to be rebranded as Accendra Health, Inc. effective December 31, 2025.
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December 31, 2025
- Buyer
- Apella Wealth
- Target
- PBMares Wealth Management, LLC
- Seller
- PBMares LLP
- Industry
- Financial Services
- Location
- Virginia, United States
- Type
- Addon
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.
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December 31, 2025
- Buyer
- J.C. Flowers & Co.
- Target
- Elephant Insurance Company, Elephant Insurance Services
- Seller
- Admiral Group plc
- Industry
- Insurance
- Location
- Virginia, United States
- Type
- Buyout
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.
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December 23, 2025
- Buyer
- ATIS, Thompson Street Capital Partners
- Target
- Bayline Lift Technologies
- Industry
- Engineering Services
- Location
- Virginia, United States
- Type
- Addon
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.
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December 19, 2025
- Buyer
- Oakline Properties, Alpine Investors
- Target
- Drucker + Falk
- Seller
- Drucker + Falk ownership (Drucker and Falk families / current owners)
- Industry
- Real Estate
- Location
- Virginia, United States
- Type
- Addon
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.
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December 16, 2025
- Buyer
- Stout
- Target
- Pointe Advisory
- Industry
- Professional Services
- Location
- Virginia, United States
- Type
- Buyout
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.
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December 15, 2025
- Buyer
- Godspeed Capital Management LP
- Target
- NextPoint Group
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Type
- Growth capital
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.
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December 15, 2025
- Buyer
- Trivest Partners, Lunchline Partners, Lunchline Youth Brands
- Target
- LeafSpring Schools
- Industry
- Education
- Location
- Virginia, United States
- Type
- Addon
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.
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December 10, 2025
- Buyer
- MANTECH
- Target
- Elder Research
- Industry
- Data & Analytics
- Location
- Virginia, United States
- Type
- Addon
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.
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- Buyer
- RPM Freight Systems, LLC, Trive Capital, Bluejay Capital
- Target
- Professional Automotive Relocation Services (PARS)
- Industry
- Logistics & Distribution
- Location
- Virginia, United States
- Type
- Addon
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.
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December 8, 2025
- Buyer
- Verdantas, Sterling Investment Partners
- Target
- Crawford Environmental Services, LLC
- Industry
- Environmental Services
- Location
- Virginia, United States
- Type
- Addon
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.
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December 4, 2025
- Buyer
- Woven Solutions
- Target
- Cystemic Security
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Type
- Addon
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.
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December 3, 2025
- Buyer
- Connectbase, Equality Asset Management (EAM)
- Target
- Cloud Age
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Type
- Buyout
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.
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December 3, 2025
- Buyer
- Synergy ECP, Falfurrias Management Partners
- Target
- NetServices
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
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.
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- Buyer
- Flagstop Car Wash, Garnett Station Partners
- Target
- Dave's Auto Spa, Clean Machine, Aqua Wash
- Industry
- Automotive
- Location
- Virginia, United States
- Type
- Addon
Flagstop Car Wash announced the acquisition of three regional car wash businesses—Dave's Auto Spa, Clean Machine and Aqua Wash—and opened a new site in Ashland, Virginia. The deals expand Flagstop's footprint across Central Virginia (including Charlottesville), support conversion of acquired sites to its express model, and build on prior investment from Garnett Station Partners.
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November 25, 2025
- Buyer
- VTG, A&M Capital Partners
- Target
- Miklos Systems, Inc.
- Seller
- Employee-owners of Miklos Systems, Inc.
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
VTG, a Virginia-based national security solutions provider backed by A&M Capital Partners, has acquired Miklos Systems, Inc. (MSI), a Fairfax, Virginia software and systems engineering firm that serves the Intelligence Community. The deal brings MSI's employee-owned engineering, cloud, cybersecurity, and data science capabilities into VTG to deepen technical capabilities and scale mission-focused services for defense and intelligence customers.
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November 17, 2025
- Buyer
- Rootstock Software
- Target
- Praxis Solutions, LLC
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Buyout
Rootstock Software has acquired Praxis Solutions, LLC, a Salesforce consulting and implementation firm. Praxis founder Ohad Idan will join Rootstock as Vice President of Product and the Praxis consulting team will be integrated into Rootstock’s Global Professional Services to deepen Salesforce ecosystem expertise and expand professional services capacity.
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November 12, 2025
- Buyer
- ARMADA Parent Inc., Carlyle, Stellex Capital Management LLC
- Target
- Poseidon Industrial LLC
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Type
- Addon
ARMADA Parent Inc., a PE-backed maritime and defense services platform majority owned by Carlyle and Stellex Capital Management, has acquired Poseidon Industrial LLC. The acquisition strengthens ARMADA's ship repair, modernization, and systems-integration capabilities to better support U.S. Navy and defense programs.
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November 12, 2025
- Buyer
- Veritas Capital, The Veritas Capital Vantage Fund, L.P. (affiliates)
- Target
- MetroStar Systems, LLC
- Industry
- Professional Services
- Location
- Virginia, United States
- Type
- Buyout
Veritas Capital, via affiliates of The Veritas Capital Vantage Fund, has entered into a definitive agreement to acquire MetroStar Systems, LLC, an AI-enabled digital transformation services and software provider serving U.S. Defense and National Security agencies. The deal is expected to close in Q4 2025, subject to customary regulatory approvals, and MetroStar will operate as a platform company within Veritas’ Vantage Fund.
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November 4, 2025
- Buyer
- Glassbox
- Target
- Anodot
- Industry
- AI & Machine Learning
- Location
- Virginia, United States
- Type
- Buyout
Glassbox, a provider of digital experience analytics, has acquired Anodot, a real-time anomaly detection company that uses unsupervised machine learning. The integration will embed Anodot’s anomaly-detection engine into Glassbox’s platform to provide earlier, more granular detection of user-behavior, performance and business anomalies for enterprise customers.
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October 30, 2025
- Buyer
- Incline Equity Partners
- Target
- Advanced Solutions International (ASI)
- Industry
- Software
- Location
- Virginia, United States
- Type
- Buyout
Incline Equity Partners has made a private equity investment in Advanced Solutions International (ASI), a cloud engagement-management software provider serving associations, trade unions and nonprofit organizations. Incline will partner with ASI’s management team to support product expansion, innovation and continued growth of ASI’s iMIS and complementary cloud offerings.
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October 28, 2025
- Buyer
- Sterling Investment Partners, HarbourVest Partners, StepStone Group, ICONIQ, Churchill Asset Management, Sterling principals, Sterling's latest buyout fund, XKIG management team
- Target
- XKIG
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Recapitalization
Sterling Investment Partners closed a single-asset continuation vehicle recapitalization of XKIG, co-led by HarbourVest Partners, StepStone Group and ICONIQ, with additional funding from Churchill Asset Management. Sterling principals, Sterling's latest buyout fund and the XKIG management team also invested; the transaction provides capital to support XKIG's continued growth, geographic expansion and service capability investments.
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October 16, 2025
- Buyer
- Tecta America
- Target
- Skyline Roofing
- Industry
- Construction
- Location
- Virginia, United States
- Type
- Addon
Tecta America, the national commercial roofing leader, has acquired Skyline Roofing, a Rockingham, Virginia-based commercial roofing contractor founded in 2006. Skyline will operate as Skyline Roofing, a Tecta America company, with Kevin Weaver remaining as president and the existing leadership team and employees retained.
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- Buyer
- Security 101, Gemspring Capital
- Target
- Security & Energy Technologies Corporation (SETEC)
- Seller
- Chet Hahne, Mark Morgan
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Addon
Security 101, a portfolio company of Gemspring Capital, has acquired Security & Energy Technologies Corporation (SETEC), a Chantilly, Virginia–based systems integrator that serves commercial and federal government clients. The deal — Security 101's 19th strategic acquisition — strengthens the buyer's presence in the Washington, D.C. corridor and positions SETEC to pursue larger, more complex federal and commercial projects under Security 101's national platform.
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October 9, 2025
- Buyer
- Systems Planning & Analysis, Arlington Capital Partners
- Target
- Group W
- Industry
- Government & Public Sector
- Location
- Virginia, United States
- Type
- Addon
Systems Planning & Analysis (SPA), a portfolio company of Arlington Capital Partners, has acquired Group W, a Vienna, Virginia–based data science and defense analytics firm focused on modeling, simulation, and wargaming for the Department of Defense. The deal expands SPA's mission-critical modeling and simulation capabilities across system, mission, and campaign levels and integrates Group W's advanced analytical and wargaming expertise into SPA's national security offerings.
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October 1, 2025
- Buyer
- O2 Investment Partners, Graycliff Partners LP
- Target
- Dynamic Drain Technologies
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Buyout
O2 Investment Partners has completed an acquisition and strategic partnership with Dynamic Drain Technologies (DDT), a trenchless pipe rehabilitation and CIPP services provider headquartered in Alexandria, Virginia; terms were not disclosed. Graycliff Partners provided a unitranche debt facility and equity co-investment to support O2's acquisition, and O2 intends to scale DDT organically and via add-on acquisitions across adjacent geographies and service lines.
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