Acquisitions in New Mexico in 2025
-
November 17, 2025
- Buyer
- UES (Universal Engineering Sciences)
- Target
- GEOMAT
- Industry
- Engineering Services
- Location
- New Mexico, United States
- Type
- Addon
UES has acquired GEOMAT, a Farmington, New Mexico-based geotechnical engineering, materials testing, and special inspection consultancy. The 50+ person firm will join UES’s West region as its first New Mexico presence, expanding UES’s footprint and service offering into the Four Corners area while GEOMAT continues to be led by President Matt Cramer, PE.
-
November 12, 2025
- Buyer
- Equal Parts, Strategic Insurance
- Target
- Blue Star Insurance Agency
- Industry
- Insurance
- Location
- New Mexico, United States
- Type
- Addon
Austin-based insurance platform Equal Parts announced the acquisition of Blue Star Insurance Agency, a local brokerage in Belen, New Mexico. The deal — executed as part of Equal Parts' roll-up strategy and shortly after Strategic Insurance joined the Equal Parts platform — expands the platform's New Mexico footprint and supports Strategic Insurance's local growth efforts.
-
November 10, 2025
- Buyer
- Atlantic Aviation
- Target
- Jet Center at Santa Fe
- Industry
- Aerospace & Defense
- Location
- New Mexico, United States
- Type
- Buyout
Atlantic Aviation has acquired Jet Center at Santa Fe, a full-service FBO at Santa Fe Regional Airport, adding approximately 16.5 acres of ramp space, a modern executive terminal and ~50,000 sq. ft. of heated hangar space to its network. The facility immediately begins operating as Atlantic Aviation and expands the operator's presence in New Mexico as part of its strategy to add high-quality FBO locations.
-
October 15, 2025
- Buyer
- Strategic Gaming Management, LLC, Gaming and Leisure Properties, Inc. (GLPI)
- Target
- Sunland Park Racetrack & Casino
- Industry
- Restaurants & Hospitality
- Location
- New Mexico, United States
- Type
- Buyout
Strategic Gaming Management, LLC (SGM) has completed the acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately following closing, SGM sold the real property to Gaming and Leisure Properties, Inc. (GLPI) in a sale‑leaseback; the deal expands SGM's portfolio of regional gaming assets and adds a leading New Mexico racetrack and casino.
-
October 8, 2025
- Buyer
- Equal Parts
- Target
- Strategic Insurance
- Seller
- Benito Ortiz
- Industry
- Insurance
- Location
- New Mexico, United States
- Type
- Addon
Equal Parts, an Austin-based insurance platform, has acquired Strategic Insurance, an independent Albuquerque agency founded by Benito Ortiz. The agency will continue operating under its local brand while gaining access to Equal Parts’ technology, operational tools, and capital to support growth across Albuquerque and New Mexico.
-
October 1, 2025
- Buyer
- Precision Cell Systems
- Target
- BennuBio
- Industry
- Biotechnology
- Location
- New Mexico, United States
- Type
- Buyout
Precision Cell Systems (PCS) has acquired BennuBio, a New Mexico–based developer of the Velocyt imaging flow cytometer, to expand PCS's single-cell and 3D cell culture analysis capabilities. BennuBio founders and leadership will join PCS to integrate the Velocyt platform, and BennuBio lead investor Tramway Ventures has joined PCS's investor syndicate to support the company's consolidation strategy.
-
September 5, 2025
- Buyer
- Tecta America Commercial Roofing
- Target
- J3 Systems
- Seller
- Utash family (Jeremy, Jason, and Josh Utash)
- Industry
- Construction
- Location
- New Mexico, United States
- Type
- Buyout
Tecta America Commercial Roofing has acquired J3 Systems, a family-owned commercial roofing contractor based in Bosque Farms, New Mexico. The deal gives Tecta its first presence in New Mexico; J3 Systems will continue to operate under its name with Jeremy Utash serving as President and existing employees remaining in place.
-
September 3, 2025
- Buyer
- RD Last Mile Holdings, LLC (ADL Final Mile), Red Dog Equity LLC, Monroe Capital LLC, The Pritzker Organization
- Target
- DMC Logistics, LLC
- Industry
- Logistics & Distribution
- Location
- New Mexico, United States
- Type
- Addon
RD Last Mile Holdings, LLC (doing business as ADL Final Mile), a final-mile delivery platform backed by Red Dog Equity, Monroe Capital and The Pritzker Organization, has acquired DMC Logistics, a regional final-mile and customized logistics provider serving the Southwest U.S. The acquisition expands ADL Final Mile's footprint in the Southwest (adding DMC’s service area across New Mexico, Arizona, Colorado, Nevada, Texas and Utah) as an add-on to its growing platform.
-
September 2, 2025
- Buyer
- MPLX LP
- Target
- Northwind Delaware Holdings LLC (Northwind Midstream)
- Seller
- Five Point Infrastructure LLC
- Industry
- Infrastructure
- Location
- New Mexico, United States
- Type
- Buyout
MPLX LP has completed its $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), which provides sour gas gathering, treating, and processing services in Lea County, New Mexico. The acquisition strengthens MPLX’s Permian Basin natural gas and NGL value chains and is expected to be immediately accretive to distributable cash flow, with estimated incremental capital of $500 million for in-process expansion projects.
-
August 26, 2025
- Buyer
- EP Wealth Advisors
- Target
- Better Money Decisions, LLC
- Industry
- Financial Services
- Location
- New Mexico, United States
- Type
- Addon
EP Wealth Advisors announced a strategic partnership to bring Santa Fe-based Better Money Decisions (BMD) into the EP Wealth platform, adding roughly $370 million in AUM and a small team of advisors. The move expands EP Wealth's presence in the Southwest and provides a succession plan as BMD Managing Partner Lorraine Ell transitions to retirement.
-
August 19, 2025
- Buyer
- Eden Health
- Target
- Contigo Compounding
- Industry
- Healthcare Services
- Location
- New Mexico, United States
- Type
- Buyout
Eden Health has acquired Contigo Compounding, a licensed 503A compounding pharmacy, to integrate in-house sterile and non-sterile compounding capabilities into its personalized care platform. The acquisition gives Eden direct control of medication preparation and supply chain for faster adjustments, improved adherence, and next-day shipping for members.
-
- Buyer
- Culmen International, LLC
- Target
- Technology Management Company, Inc. (dba TMC Global Professional Services)
- Seller
- TMC Global Professional Services ESOP (represented by Rob MacIvor, ESOP Trustee)
- Industry
- Government & Public Sector
- Location
- New Mexico, United States
- Type
- Buyout
Culmen International has acquired Albuquerque-based Technology Management Company, Inc., dba TMC Global Professional Services, expanding Culmen’s international program management, health security, and logistics capabilities. The acquisition brings TMC’s U.S. and international workforce into Culmen, strengthening its presence across Eastern Europe, the Middle East, and Central Asia and adding program experience in nonproliferation, bioscience capacity building, and international operations.
-
June 2, 2025
- Buyer
- Radiance Technologies
- Target
- Verus Research (XL Scientific, LLC)
- Industry
- Aerospace & Defense
- Location
- New Mexico, United States
- Type
- Buyout
Radiance Technologies, a 100% employee‑owned prime contractor based in Huntsville, Alabama, has acquired XL Scientific, LLC (dba Verus Research), an Albuquerque‑based R&D contractor specializing in electromagnetic, directed energy and nuclear systems analysis. The acquisition brings Verus Research's technical capabilities into Radiance's portfolio and expands its DoD and intelligence community customer base.
-
May 19, 2025
- Buyer
- Blackstone Infrastructure
- Target
- TXNM Energy
- Industry
- Infrastructure
- Location
- New Mexico, United States
- Type
- Buyout
TXNM Energy agreed to be acquired by Blackstone Infrastructure for $61.25 per share in cash, valuing the transaction at $11.5 billion including net debt (excluding securitization debt) and preferred stock. The deal is supported by additional equity funding and is subject to shareholder and multiple federal and state regulatory approvals, with an estimated closing in the second half of 2026.
-
May 6, 2025
- Buyer
- Rentvine
- Target
- Bynnd
- Industry
- Accounting & Tax
- Location
- New Mexico, United States
- Type
- Addon
Rentvine has acquired Bynnd, a provider of trust accounting and bookkeeping services for property managers, and will integrate Bynnd’s accounting expertise into its platform. Kristin Johnson, Bynnd’s founder, is joining Rentvine’s leadership team as part of the transaction; Rentvine is a PE-backed property-management software provider (backed by Mainsail Partners).
-
April 16, 2025
- Buyer
- Undisclosed Buyer
- Target
- Pecos Propane, Inc.
- Seller
- Pacheco family / Pecos Propane shareholders
- Industry
- Oil & Gas
- Location
- New Mexico, United States
- Type
- Buyout
Generational Group advised Pecos Propane, Inc., a family-owned propane distributor based in Pecos, New Mexico, on its sale to an undisclosed buyer; the transaction closed April 16, 2025. Pecos Propane serves residential and commercial customers across Northern New Mexico and was backed by the Pacheco family prior to the sale.
-
- Buyer
- HGS BioScience, Paine Schwartz Partners
- Target
- Menefee Mining Corporation, Earthgreen Products, Inc.
- Industry
- Agriculture
- Location
- New Mexico, United States
- Type
- Addon
Paine Schwartz Partners-backed HGS BioScience has acquired Menefee Mining Corporation and Earthgreen Products, Inc., adding the Menefee mine and Earthgreen's extraction/formulation technology to its operations. The transaction expands HGS's humate product portfolio, vertical integration and manufacturing footprint (including processing in Cuba, New Mexico), enhancing its ability to supply premium humic and fulvic acid products to agricultural customers.
-
March 31, 2025
- Buyer
- Salas O'Brien
- Target
- Chavez-Grieves Consulting Engineers
- Industry
- Engineering Services
- Location
- New Mexico, United States
- Type
- Buyout
Salas O’Brien announced that Chavez-Grieves Consulting Engineers has joined the firm, bringing over 45 years of structural engineering, investigative engineering, and project management experience. The acquisition expands Salas O’Brien’s structural capabilities and geographic reach to better serve high-demand end markets including data centers, healthcare, and government.
-
March 18, 2025
- Buyer
- Verdera Energy Corp.
- Target
- enCore subsidiary holding the Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects
- Seller
- enCore Energy Corp.
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Divestiture
enCore Energy Corp. entered into a share purchase agreement with Verdera Energy Corp. for Verdera to acquire an enCore subsidiary holding Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects in New Mexico. The deal consideration includes 50,000,000 non-voting preferred shares of Verdera (about 73% of fully diluted shares), plus royalties and a $350,000 cash payment, with closing anticipated by March 31, 2025.
-
February 25, 2025
- Buyer
- B&R Auto, Highview Capital, LLC
- Target
- Highway 64 Truck and Auto Salvage
- Industry
- Industrial Services
- Location
- New Mexico, United States
- Type
- Addon
B&R Auto, a portfolio company of Highview Capital, has acquired Highway 64 Truck and Auto Salvage, a Farmington, New Mexico-based auto salvage and recycled-parts provider. The add-on expands B&R's Western U.S. network into New Mexico and deepens its reach across the Southwestern U.S., including first-time access into Texas.
-
January 13, 2025
- Buyer
- Pelican Energy Partners
- Target
- Lancs Industries
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Buyout
Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.
-
- Buyer
- Hub International Limited
- Target
- Woods Insurance Services, Inc.
- Seller
- Woods Insurance Services, Inc., Lyle Love (Owner & President)
- Industry
- Financial Services
- Location
- New Mexico, United States
- Type
- Buyout
Hub International Limited acquired the assets of Woods Insurance Services, Inc., an independent insurance agency headquartered in Farmington, New Mexico. The acquisition expands Hub Southwest's commercial, personal and employee benefits capabilities and strengthens its specialty oil & gas insurance offerings; terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.