Acquisitions in California

  • Buyer
    CrossCountry Mortgage
    Target
    Summit Funding, Inc.
    Type
    Buyout

    CrossCountry Mortgage has entered into an agreement to acquire Summit Funding, a privately held mortgage banker and servicer headquartered in Sacramento, California. The deal is intended to expand CrossCountry Mortgage’s reach and resources for Summit’s workforce of loan originators across the U.S.

  • Buyer
    I-Pulse
    Target
    CSI Technologies
    Type
    Buyout

    I-Pulse, a pulsed power technology company, announced it acquired CSI Technologies, a Vista, California-based manufacturer of high-energy, high-voltage capacitors for industrial, medical, and defense applications. The acquisition is intended to expand I-Pulse’s U.S. manufacturing capabilities, strengthen the supply chain, and speed development and deployment of pulsed power technologies through integrated capacitor design and production expertise.

  • Buyer
    AeroVironment
    Target
    Empirical Systems Aerospace, Inc. (ESAero)
    Type
    Buyout

    AeroVironment announced it has acquired Empirical Systems Aerospace (ESAero) in a transaction valued at approximately $200 million. The deal includes about $160 million in stock and $40 million in cash and is expected to be accretive to adjusted EBITDA within the first year after closing.

  • Buyer
    Kyuden International Corporation, Kyuden International Americas, Inc.
    Target
    IHI Power Services Corp.
    Industry
    Energy
    Type
    Buyout

    IHI Power Services Corp. (IPSC) has entered into an agreement to be acquired by Kyuden International Corporation, through its U.S. subsidiary Kyuden International Americas, Inc., pending customary regulatory approvals and closing conditions. The combination is intended to expand IPSC’s U.S. operations and maintenance, asset management, and technical/compliance capabilities and accelerate Kyuden’s first O&M-focused investment in the United States.

  • Buyer
    Sounds Great Holdings, LLC
    Target
    Royer Labs
    Industry
    Manufacturing
    Type
    Buyout

    Royer Labs, a manufacturer of ribbon microphones, was acquired by Sounds Great Holdings, LLC. Royer Labs will continue operating from its Burbank, California headquarters, with plans to expand global sales and invest in product development.

  • Buyer
    Zenobē, KKR, Infracapital
    Target
    Revolv
    Seller
    GDEV Management
    Industry
    Transportation
    Type
    Buyout

    Zenobē, a fleet electrification and EV charging/grid-scale battery storage provider, is expanding into U.S. electric truck operations by acquiring Revolv, a California-based commercial fleet electrification company. The deal adds 13 operational sites and 100+ electric trucks under Zenobē’s operational responsibility in California and signals Zenobē’s entry into the North American commercial fleet and truck segment.

  • March 19, 2026
    Buyer
    Apollo.io
    Target
    Pocus
    Industry
    Cloud & SaaS
    Type
    Buyout

    Apollo.io, an AI-native go-to-market platform, announced it has acquired Pocus, an enterprise-grade revenue intelligence platform. Financial terms were not disclosed, and the companies positioned the deal as a way to enhance Apollo’s AI signal intelligence and unified GTM operating system.

  • Buyer
    Webflow
    Target
    Vidoso.ai
    Type
    Buyout

    Webflow announced it has acquired Vidoso.ai, a Bay Area-based multi-modal AI asset generation startup. Webflow said the deal will strengthen its agentic web marketing platform by integrating Vidoso’s AI agents and technology to generate brand-aligned visual and video assets within governed marketing workflows.

  • Buyer
    Sierra Railroad Company, Ridgewood Infrastructure
    Target
    Central Valley Ag Transport
    Industry
    Transportation
    Type
    Addon

    Sierra Railroad Company, a portfolio company of Ridgewood Infrastructure, acquired Central Valley Ag Transport (CVAT). The acquisition strengthens Sierra’s short line rail platform by vertically integrating agricultural transload capabilities serving customers along Sierra Northern Railway’s network in California. Financial terms were not disclosed.

  • Buyer
    Lyten
    Target
    Northvolt Revolt Ett battery recycling facility (Revolt Ett)
    Seller
    Northvolt
    Industry
    Energy
    Type
    Buyout

    Lyten announced it has entered into a binding agreement to acquire Northvolt’s Revolt Ett battery recycling facility in Skellefteå, Sweden. The company plans to integrate recycling into its expanding Skellefteå industrial hub and create a vertically integrated battery ecosystem (manufacturing, research, and materials recovery), with the deal expected to close in the second quarter of 2026. Financial terms were not disclosed.

  • Buyer
    Hill & Smith PLC
    Target
    Freeberg Industrial Fabrication Corp.
    Type
    Buyout

    Hill & Smith PLC has agreed to acquire Freeberg Industrial Fabrication Corp. for an initial cash consideration of $36 million for 80% of its equity. The deal is subject to U.S. regulatory approvals and includes potential additional payments for the remaining 20% via profitability-based earn-out terms through December 31, 2031, with earn-out capped at $50 million.

  • Buyer
    Alsco Uniforms
    Target
    Advanced Linen Service
    Type
    Buyout

    Alsco Uniforms acquired Advanced Linen, a uniform and linen provider serving California’s Bay Area, Central Valley, and Monterey Bay. The deal is intended to strengthen Alsco’s footprint across Northern and Central California and broaden service capabilities for regional customers, with a focus on a seamless customer transition.

  • Buyer
    Anduril Industries
    Target
    ExoAnalytic Solutions
    Type
    Buyout

    Anduril Industries signed a definitive agreement to acquire ExoAnalytic Solutions, a space domain awareness and missile defense company. The deal is intended to expand Anduril’s space defense capabilities by integrating ExoAnalytic’s telescope sensor network and analytics with Anduril’s autonomy, AI, and command-and-control technologies.

  • Buyer
    Laura Schneider, Tim Schneider, Schneider Publishing Company
    Target
    Palisadian-Post
    Type
    Buyout

    The Palisadian-Post, a historic local newspaper serving Pacific Palisades, California, has been acquired by Laura Schneider and Tim Schneider. The new owners plan to relaunch it as a digital-first, multimedia communications platform focused on independent and fact-checked journalism and rebuilding local community connections after the area’s fire.

  • Buyer
    VLS Environmental Solutions
    Target
    IDR Environmental Services
    Seller
    Dawn DeVroom (Former Owner/COO, IDR Environmental Services)
    Type
    Buyout

    VLS Environmental Solutions announced it has acquired IDR Environmental Services, a Los Angeles-area provider of hazardous and non-hazardous waste solutions. The deal expands VLS’s West Coast waste management logistics and processing network and adds capacity via IDR’s 10-day hazardous waste transfer facility in Azusa, California.

  • Buyer
    MedImpact Holdings, Inc.
    Target
    MHW Benefit Partners (formerly SRS Benefit Partners), MSL Captive Solutions
    Type
    Buyout

    MedImpact Holdings, Inc. announced the acquisition of two employer insurance and risk management firms: MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions. The deals expand MedImpact’s portfolio of modular care and coverage options for small and mid-sized employers by adding captive program formation and medical stop-loss capabilities.

  • Buyer
    Invisible Technologies
    Target
    WeCP
    Type
    Buyout

    Invisible Technologies entered into an agreement to acquire WeCP, an AI-native technical assessment and intelligence platform. The deal will bring WeCP’s rigorously validated evaluation frameworks and assessment infrastructure into Invisible’s AI training platform, Meridial, to improve expert validation for high-precision AI workflows.

  • Buyer
    Zendesk
    Target
    Forethought
    Industry
    Cloud & SaaS
    Type
    Buyout

    Zendesk entered into a definitive agreement to acquire Forethought to expand its AI agent offering on the Zendesk Resolution Platform. The deal is designed to advance “self-improving” and more autonomous AI agents that can resolve customer service interactions end-to-end across channels, including voice and workflows in enterprise environments without APIs.

  • Buyer
    Ridgewood Infrastructure
    Target
    Sierra Railroad Company, Central Valley Ag Transport (CVAT)
    Industry
    Transportation
    Type
    Addon

    Ridgewood Infrastructure acquired a controlling interest in California-based shortline rail platform Sierra Railroad Company. Simultaneously, Sierra acquired Central Valley Ag Transport (CVAT) to vertically integrate agricultural transload capabilities, and the transaction includes Sierra’s hydrogen locomotive subsidiary Railpower, Inc.

  • Buyer
    Luminii, The Cambria Group
    Target
    Alva Lighting
    Industry
    Manufacturing
    Type
    Addon

    Luminii, backed by private equity firm The Cambria Group, quietly acquired Alva Lighting, a California maker of indoor and outdoor wall sconces. The transaction appears to be another buy-and-build add-on to Luminii’s growing portfolio of architectural lighting brands.

  • Buyer
    BKF Engineers
    Target
    Lotus Water
    Type
    Addon

    BKF Engineers announced the acquisition of Lotus Water, a water resources and climate resilience engineering firm. The deal expands BKF’s water-focused capabilities in areas such as stormwater management, flood resilience, climate adaptation, green infrastructure, and integrated water systems planning.

  • Buyer
    FFL Partners, Pioneer HOA
    Target
    Western-focused full-service HOA property management company (name not disclosed)
    Industry
    IT Services
    Type
    Addon

    FFL Partners launched Pioneer HOA, a new holding platform intended to consolidate and scale homeowners association (HOA) property management companies across the United States. The platform will support acquired regional HOA management firms with technology-driven tools, operational support, and AI-enabled capabilities, while allowing them to maintain local brands.

  • Buyer
    Veeva Systems
    Target
    Ostro
    Industry
    Data & Analytics
    Type
    Buyout

    Veeva Systems acquired Ostro, an AI-driven brand engagement platform for life sciences, for approximately $100 million in cash plus long-term equity retention grants. Ostro will operate as an independent unit led by CEO Chase Feiger and will be integrated over time with Veeva Commercial Cloud applications to connect online and field engagement workflows.

  • Buyer
    Arthur J. Gallagher & Co., Risk Placement Services, Inc. (RPS)
    Target
    S Philips Surety & Insurance Services, Inc.
    Type
    Buyout

    Arthur J. Gallagher & Co. (NYSE: AJG) announced that its U.S. wholesale brokerage, Risk Placement Services, Inc. (RPS), has acquired Agoura Hills, California-based S Philips Surety & Insurance Services, Inc. Terms were not disclosed. The S Philips team will remain in its current location under the direction of Jeremy Crawford, head of RPS’s surety bond operations.

  • Buyer
    Applied Aerospace & Defense
    Target
    Ultracor
    Type
    Buyout

    Applied Aerospace & Defense acquired Ultracor, a California supplier of specialized honeycomb core materials used in complex bonded composites. The acquisition is intended to enhance Applied’s selective vertical integration and increase production speed, agility, and capacity for growing space and defense programs.

  • March 9, 2026
    Buyer
    Olto
    Target
    Hexus AI
    Industry
    Cloud & SaaS
    Type
    Addon

    Olto acquired Hexus AI’s core technology, intellectual property, and product roadmap to expand Olto’s product-trained AI agents platform. The combined offering enables revenue teams to manage product videos, interactive demos/tours, live demos, and onboarding how-to guides across the buyer journey.

  • Buyer
    Morinaga & Co., Ltd., Morinaga America
    Target
    My/Mochi Ice Cream
    Industry
    Food & Beverage
    Type
    Buyout

    Morinaga & Co., the parent of Morinaga America, has entered into a definitive agreement to acquire My/Mochi Ice Cream, the largest mochi ice cream brand in the United States. The deal is intended to strengthen Morinaga’s position in the frozen snack category and expand its U.S. consumer footprint.

  • Buyer
    Agilent Technologies Inc.
    Target
    Biocare Medical
    Seller
    Investor group led by Excellere Partners, GHO Capital Partners LLP
    Type
    Buyout

    Agilent Technologies entered into a definitive agreement to acquire Biocare Medical, a global provider of clinical and research pathology solutions, in an all-cash transaction valued at $950 million. The deal is designed to expand Agilent’s pathology portfolio—especially immunohistochemistry—and is expected to close no later than Agilent’s fourth fiscal quarter of 2026.

  • Buyer
    Carta
    Target
    ListAlpha
    Industry
    Cloud & SaaS
    Type
    Buyout

    Carta, the ERP platform for private capital, acquired ListAlpha, an AI-powered CRM and relationship intelligence platform. The acquisition launches Carta CRM and unifies front-office relationship management with Carta’s back-office fund administration to support deal sourcing, fundraising, and portfolio workflows in a single system.

  • Buyer
    Trinity Hunt Partners
    Target
    Berger Consulting Group

    Trinity Hunt Partners made an investment in Berger Consulting Group to launch a new economic consulting and dispute advisory platform focused on economic damages analysis, forensic accounting, and valuation services. Berger’s founding leadership will continue, and a new platform CEO (Gary Buckland) has been added to support national expansion and capability growth.

  • Buyer
    Semtech Corporation
    Target
    HieFo Corporation
    Industry
    IT Services
    Type
    Buyout

    Semtech Corporation acquired HieFo Corporation, a California-based manufacturer of high-efficiency indium phosphide (InP) optoelectronic devices used in optical transceivers for data center connectivity. The acquisition strengthens Semtech’s semiconductor chipset portfolio and enables tighter integration of HieFo’s lasers and gain chips with Semtech’s transimpedance amplifiers and laser driver solutions to support next-generation 1.6T and 3.2T data center architectures.

  • Buyer
    Alchemy Technology Group
    Target
    Enterprise Computing Solutions, Inc. (ECS)
    Industry
    IT Services
    Type
    Buyout

    Alchemy Technology Group, backed by Avance Investment Management, acquired Enterprise Computing Solutions (ECS), a Southern California provider of edge computing, cloud, and security solutions. The deal expands Alchemy’s West Coast footprint and strengthens its ability to deliver integrated advisory and managed infrastructure services for secure, high-performance connectivity across hybrid and distributed environments.

  • Buyer
    Coframe
    Target
    HaystacksAI
    Type
    Buyout

    Coframe announced it has acquired HaystacksAI, an AI-powered growth and sales intelligence startup, to strengthen its autonomous experimentation platform and expand go-to-market capabilities. HaystacksAI founder and CEO Bo Mohazzabi joined Coframe as Vice President of Go-To-Market to lead sales, growth, and customer strategy and contribute to the product roadmap.

  • Buyer
    Highstreet IT Solutions
    Target
    Graviton Consulting Services
    Industry
    IT Services
    Type
    Addon

    Highstreet IT Solutions, a CIVC Partners portfolio company, announced the acquisition of Graviton Consulting Services, a public-sector-focused Oracle Cloud and ERP transformation and advisory services provider. The deal is intended to strengthen Highstreet’s public-sector capabilities and expand its strategic innovation platform, while preserving Graviton’s delivery leadership and client continuity.

  • Buyer
    Monterey Bay Herb Co.
    Target
    NP Nutra
    Type
    Buyout

    Monterey Bay Herb Co. (MBHC) announced it is acquiring NP Nutra, a supplier of specialty nutraceutical ingredients and botanical extracts. The deal expands MBHC’s nutraceutical capabilities with additional SKUs, sourcing expertise, and planned enhancements to processing, quality systems, and commercial footprint, while NP Nutra continues operating from its Carson, California facility.

  • Buyer
    Allegion plc
    Target
    DCI Hollow Metal on Demand
    Industry
    Manufacturing
    Type
    Buyout

    Allegion plc, through a subsidiary, acquired privately held DCI Hollow Metal on Demand (DCI). DCI is a U.S. manufacturer of custom, quick-ship hollow metal doors and frames serving industrial, commercial, and institutional customers. DCI will operate within Allegion’s Americas segment, and DCI CEO Bob Briggs will remain involved in an advisory capacity during the transition period.

  • Buyer
    Knightscope, Inc.
    Target
    Event Risk LLC
    Type
    Buyout

    Knightscope, Inc. completed its acquisition of Event Risk LLC, a provider of armed and unarmed security guarding services and executive protection. The deal expands Knightscope into tech-enabled guarding services by combining its autonomous robotics and AI orchestration software with Event Risk’s licensed physical response infrastructure under an integrated managed-service operating model.

  • Buyer
    CrossCountry Consulting
    Target
    CNM LLP
    Type
    Buyout

    CrossCountry Consulting announced its acquisition of CNM LLP, an Office of the CFO advisory firm headquartered in Southern California. The deal expands CrossCountry’s West Coast presence and strengthens its ability to deliver end-to-end Office of the CFO solutions nationwide.

  • Buyer
    Fractional AI
    Target
    Fabius
    Type
    Buyout

    Fractional AI, an applied AI and custom generative AI solutions provider, announced its acquisition of Fabius, a Y Combinator startup automating sales and operational workflows with AI. The deal is intended to strengthen Fractional’s position and expand the scope and scale of applied AI services for enterprises and private equity-backed companies.

  • Buyer
    CUBE
    Target
    4CRisk.ai (4CRisk)
    Industry
    Cybersecurity
    Type
    Buyout

    CUBE, a provider of Automated Regulatory Intelligence and Regulatory Change Management, announced the acquisition of 4CRisk.ai, a Silicon Valley RegTech firm focused on agentic AI mapping of policies and procedures to regulatory obligations, controls, and risks. The deal expands CUBE’s coverage beyond financial regulation into adjacent corporate regulatory domains such as cyber, AI, privacy, labor laws, and ESG. Financial terms were not disclosed.

  • Buyer
    Arcline Investment Management
    Target
    Hydraulics International, Inc.
    Type
    Buyout

    Arcline Investment Management announced it has entered into a definitive agreement to acquire Hydraulics International, Inc. (HII), a provider of ground support equipment, mobile test systems, and specialized pumps for aerospace, defense, and industrial applications. The deal is intended to support HII’s continued investment and growth as it expands capabilities and deepens customer relationships worldwide.

  • Buyer
    SolomonEdwards, Renovus Capital Partners
    Target
    CFO's Domain
    Type
    Addon

    SolomonEdwards has acquired CFO's Domain, a Los Angeles-based consulting and recruiting firm specializing in Office of the CFO advisory services. The deal expands SolomonEdwards' finance transformation, FP&A and M&A advisory capabilities while strengthening its West Coast presence in California.

  • Buyer
    Shamrock Capital
    Target
    Mutiny
    Seller
    Trailer Park Group
    Type
    Buyout

    Shamrock Capital, through its Clover Fund I, acquired Mutiny, a Los Angeles-based creative agency focused exclusively on gaming audiences. The investment is intended to accelerate Mutiny’s growth while strengthening its position as a leading gaming-focused creative agency, operating as a standalone business.

  • Buyer
    RTS, Qiddiya Investment Company
    Target
    Evolution Championship Series (Evo)
    Seller
    NODWIN Gaming
    Type
    Buyout

    RTS has acquired the Evolution Championship Series (Evo) from NODWIN Gaming, with RTS now operating Evo under the broader ownership and strategic direction of Qiddiya Investment Company. The deal preserves Evo’s leadership and identity while aligning the franchise with Qiddiya City’s Gaming & Esports District development and global expansion plans.

  • Buyer
    Swiss Rockets AG
    Target
    Complete Genomics
    Seller
    MGI shareholders (approval required; seller not otherwise specified)
    Type
    Buyout

    Complete Genomics, a U.S.-based genomic sequencing technology company, entered into a definitive agreement to be acquired by Switzerland-based life sciences group Swiss Rockets AG. The deal is expected to scale Complete Genomics’ innovation pipeline and expand/diversify manufacturing capacity, while maintaining continuity for customers and Complete Genomics’ U.S.-based operations and software support.

  • Buyer
    Aviation Equipment Processing
    Target
    Vantage Associates, Inc.
    Seller
    Vantage Associates employee-owners (ESOP)
    Type
    Buyout

    Aviation Equipment Processing (AEP) has acquired Vantage Associates, Inc., an employee-owned precision manufacturer of metal, composite and plastic aerospace components. Impact Capital Group served as exclusive advisor to Vantage; the deal brings together Vantage's composites and thermoforming capabilities with AEP's bonding, finishing, and testing expertise to expand product capabilities and accelerate growth in commercial and military aerospace markets.

  • Buyer
    Gilead Sciences
    Target
    Arcellx, Inc.
    Industry
    Biotechnology
    Type
    Buyout

    Gilead Sciences entered into a definitive agreement to acquire Arcellx, Inc. for $115 per share in cash plus a contingent value right of $5 per share, implying an equity value of about $7.8 billion. The deal is designed to give Gilead full control of Arcellx’s anito-cel (anito-cabtagene autoleucel) BCMA-directed CAR T therapy, eliminating profit-sharing and related payments while accelerating development and commercialization.

  • February 21, 2026
    Buyer
    TitanX
    Target
    FrontSpin
    Industry
    Cloud & SaaS
    Type
    Buyout

    TitanX acquired FrontSpin in an eight-figure transaction, combining TitanX's Phone Intent AI with FrontSpin's enterprise-grade cloud power dialer to create an end-to-end precision dialing platform for phone-led sales teams. FrontSpin will continue to operate as a standalone business while the companies plan to eventually integrate their platforms to improve connect rates and call deliverability.

  • Buyer
    Cherry Bekaert (Cherry Bekaert Advisory LLC and Cherry Bekaert LLP)
    Target
    Richardson Kontogouris Emerson LLP (RKE)
    Seller
    Richardson Kontogouris Emerson LLP (RKE)
    Industry
    Accounting & Tax
    Type
    Buyout

    Cherry Bekaert acquired Richardson Kontogouris Emerson LLP (RKE), a public accounting and advisory firm headquartered in Torrance, California. The deal expands Cherry Bekaert’s West Coast/Southern California footprint and strengthens its middle-market advisory capabilities by integrating RKE under the Cherry Bekaert brand.

  • Buyer
    Blackstone, BXPE
    Target
    Champions Group
    Seller
    Odyssey Investment Partners
    Type
    Buyout

    Blackstone, through its perpetual private equity strategy BXPE, has entered into a definitive agreement to acquire Champions Group, a residential services platform. The company will be acquired from Odyssey Investment Partners, with Odyssey and Champions Group management retaining a significant minority investment. The deal is expected to close in the first half of 2026, subject to customary closing conditions.

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