Acquisitions in Texas in 2024
-
December 31, 2024
- Buyer
- Lion Equity Partners
- Target
- Global Compression Services
- Seller
- Warren Equipment Company
- Industry
- Energy
- Location
- Texas, United States
- Type
- Buyout
Lion Equity Partners, a Denver-based private equity firm, has acquired Global Compression Services (GCS) from Warren Equipment Company. GCS, headquartered in Midland, Texas, is a global distributor and manufacturer of OEM and aftermarket parts for reciprocating natural gas engines and compressors; Lion Equity said the acquisition will support growth, capability expansion, and operational improvements in the natural gas compression aftermarket.
-
December 30, 2024
- Buyer
- Teledyne Technologies Incorporated
- Target
- Micropac Industries, Inc.
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Buyout
Teledyne Technologies completed the previously announced merger/acquisition of Micropac Industries via a wholly-owned subsidiary. Micropac stockholders received $20.00 per share in cash, valuing the transaction at approximately $57.3 million, including Micropac’s net debt as of August 24, 2024.
-
December 27, 2024
- Buyer
- Osceola Capital, Texas Republic Signs (TRS)
- Target
- Bakers' Signs & Manufacturing
- Seller
- Baker family (owners of Bakers' Signs & Manufacturing)
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Addon
Osceola Capital acquired Bakers' Signs & Manufacturing (closed December 27, 2024) and is combining the business with its platform investment, Texas Republic Signs (TRS). The deal will expand manufacturing capacity, installation resources, and service offerings across Texas while Bakers' president Matt Baker remains with the business.
-
December 26, 2024
- Buyer
- Inszone Insurance Services
- Target
- Roten & Company Insurance
- Seller
- Roten & Company Insurance (Roten family)
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Roten & Company Insurance, a multigenerational family-run agency in San Antonio, Texas. The acquisition expands Inszone’s footprint in Texas and enhances its ability to provide commercial, personal, and benefits insurance to local businesses and individuals.
-
- Buyer
- Cerberus Capital Management, L.P.
- Target
- Landmark Structures
- Seller
- Graycliff Partners LP
- Industry
- Infrastructure
- Location
- Texas, United States
- Type
- Buyout
Cerberus Capital Management has acquired Landmark Structures, a North American designer, manufacturer and installer of elevated water and industrial storage tanks, from Graycliff Partners. Landmark, headquartered in Texas, will continue to be led by CEO Chris Lamon (who and the management team retain a minority stake) and will receive Cerberus' support to expand capabilities, services and geographic reach.
-
December 19, 2024
- Buyer
- Guardian Fleet Services
- Target
- Isaacs Wrecker Service
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Guardian Fleet Services, a West Palm Beach-based provider of towing, recovery and specialized transportation services, has acquired Isaacs Wrecker Service, a Tyler, Texas-based towing and specialized transportation operator. The deal expands Guardian's Texas footprint to 11 terminals, adds Isaacs' fleet and 75 employees, and strengthens the company's coverage along the I-20 corridor and East Texas markets.
-
December 18, 2024
- Buyer
- VSS Capital Partners, Century Equity Partners
- Target
- Lumenci, Inc.
- Industry
- Professional Services
- Location
- Texas, United States
- Type
- Growth capital
VSS Capital Partners, alongside Century Equity Partners, completed a private equity investment in Lumenci, Inc., a full-service intellectual property (IP) consulting and patent monetization firm headquartered in Austin, Texas. The capital will support Lumenci's expansion of services and geographic reach as the firm scales its technical, valuation, and litigation-support offerings.
-
December 18, 2024
- Buyer
- Automotive Color & Supply, WILsquare Capital
- Target
- Paint Works
- Seller
- Chad Neal (founder/owner of Paint Works)
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Type
- Addon
Automotive Color & Supply, a portfolio company of WILsquare Capital, has acquired Paint Works, a regional distributor of automotive and industrial paint and supplies based in Tyler, Texas. Terms were not disclosed; the deal expands ACS' footprint in the South (Texas, Arkansas and Louisiana) and ACS will continue operating Paint Works branches under the existing Paint Works brand.
-
December 18, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- DMc Insurance Partners (Howe Insurance Group LLC dba DMc Insurance Partners)
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Arthur J. Gallagher & Co. (Gallagher) has acquired Austin, Texas-based Howe Insurance Group LLC, doing business as DMc Insurance Partners. Terms were not disclosed; John McNulty, Scott Durkin and their team will remain in Austin and will report into Gallagher’s U.S. retail personal lines leadership to expand the firm’s personal lines and small business capabilities in the Austin market.
-
December 17, 2024
- Buyer
- Zamajal, S. A. de C.V., Grupo Carso, S.A.B. de C.V., Control Empresarial de Capitales, S.A. de C.V.
- Target
- Talos Mexico
- Seller
- Talos Energy Inc., Talos Mexico
- Industry
- Oil & Gas
- Location
- Texas, United States
- Type
- Divestiture
Talos Energy sold an additional 30.1% interest in its Mexican subsidiary, Talos Mexico, to Zamajal, an entity owned primarily by Grupo Carso. The deal increases Zamajal’s ownership to 80% of Talos Mexico (Talos retains 20%), with Talos receiving $49.7 million in cash at closing and $33.0 million contingent upon first commercial production from the Zama Field.
-
December 17, 2024
- Buyer
- Pearce Services, New Mountain Capital
- Target
- Unified Power
- Seller
- Incline Equity Partners
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Addon
Pearce Services, a New Mountain Capital-backed provider of mission-critical infrastructure services, has acquired Unified Power, a Terrell, Texas-based provider of UPS and backup generator maintenance and repair services. The deal, supported with incremental capital from Goldman Sachs Alternatives' Hybrid Capital group, expands Pearce's capabilities into UPS services and strengthens its presence across data center, telecom, healthcare and other mission-critical end markets; Incline Equity Partners sold Unified Power.
-
- Buyer
- Highstreet Insurance Partners (HSIP)
- Target
- Collum Insurance Group, LLC
- Seller
- Collum Insurance Group, LLC
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Highstreet Insurance Partners (HSIP) has acquired the assets of Collum Insurance Group, LLC, an independent personal-lines insurance agency based in Richardson, Texas. The acquisition adds an additional Gulf Region location to HSIP’s footprint; Collum’s president, Carl Collum, will continue leading his team as part of HSIP’s Sandy Garza agency under Roland Luna.
-
December 16, 2024
- Buyer
- MyCase
- Target
- Docketwise
- Industry
- Software
- Location
- Texas, United States
- Type
- Addon
MyCase has acquired Docketwise, a specialist immigration-focused case management and form automation platform, adding immigration functionality to the MyCase legal practice management ecosystem. The deal is an add-on to MyCase (a portfolio company of Apax Partners) intended to accelerate product development, expand MyCase's immigration customer base, and enable deeper integrations between the two platforms.
-
December 16, 2024
- Buyer
- Upbound Group, Inc.
- Target
- Brigit
- Industry
- AI & Machine Learning
- Location
- Texas, United States
- Type
- Buyout
Upbound Group, Inc. has entered into a definitive agreement to acquire Brigit, a financial health technology company, for total consideration of up to $460 million. The deal is expected to close in Q1 2025, subject to regulatory approvals and customary closing conditions, and will combine Brigit’s subscription cash-flow and credit-building platform with Upbound’s existing accessible financial solutions.
-
December 16, 2024
- Buyer
- Helen of Troy Limited
- Target
- Olive & June, LLC
- Industry
- Consumer Products
- Location
- Texas, United States
- Type
- Buyout
Helen of Troy Limited (NASDAQ: HELE) completed its previously announced acquisition of Olive & June, LLC, a DIY nail care brand. The deal adds a high-margin beauty consumables business to Helen of Troy’s portfolio and is intended to be immediately accretive to key financial metrics.
-
December 16, 2024
- Buyer
- VertexOne
- Target
- Accelerated Innovations LLC
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Type
- Buyout
VertexOne, a cloud software provider for electric, gas, and water utilities, completed its acquisition of Accelerated Innovations LLC and its MyMeter platform. The deal expands VertexOne’s digital customer engagement and analytics capabilities, integrating MyMeter into VertexOne’s Digital Suite.
-
December 16, 2024
- Buyer
- Sciens Building Solutions
- Target
- J.W. Dielmann, Inc.
- Industry
- Electrical Services
- Location
- Texas, United States
- Type
- Addon
Sciens Building Solutions, a Carlyle-backed fire and life safety platform based in San Francisco, has acquired Bulverde- (San Antonio-) based J.W. Dielmann, a commercial fire-life safety services company founded in 1995. The add-on expands Sciens' presence in south Texas and will integrate J.W. Dielmann's capabilities with Sciens' San Antonio operations to deepen service offerings and resources for local customers.
-
- Buyer
- Solis Mammography
- Target
- Avestēe Women's Imaging Centers
- Seller
- Suzanne Dabbous
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
Solis Mammography, the nation’s largest independent provider of specialized breast health services, has acquired Avestēe Women's Imaging Centers, a six-location women's imaging practice in the San Antonio area. The deal expands Solis's Texas footprint into San Antonio and adds specialized breast imaging capabilities and patient-centered clinics to its network.
-
December 16, 2024
- Buyer
- SiteOne Landscape Supply, Inc.
- Target
- OakStreet Wholesale Nursery
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Buyout
SiteOne Landscape Supply (NYSE: SITE) acquired OakStreet Wholesale Nursery, a one-location wholesale nursery in Fairview, Texas, expanding SiteOne's nursery presence in the Dallas–Fort Worth market. The acquisition strengthens SiteOne's position in the market and brings OakStreet's management, employees and customers into the SiteOne platform.
-
December 16, 2024
- Buyer
- Installed Building Products, Inc.
- Target
- Capital Insulation, LLC, CBS & Mirror, LLC
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Buyout
Installed Building Products, Inc. (NYSE: IBP) acquired Capital Insulation, LLC and CBS & Mirror, LLC (collectively “Capital”), adding over $12 million of annual revenue and expanding IBP’s presence in the greater Houston market. Capital, based in Houston, Texas, installs fiberglass and spray foam insulation across single-family, multifamily, and commercial new-construction projects.
-
December 16, 2024
- Buyer
- CPM Holdings, Inc.
- Target
- Jacobs Global
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Buyout
CPM Holdings, Inc. (CPM) has acquired Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills. The deal expands CPM's product portfolio and capacity to better serve customers across the animal feed, oilseed and biomass/pellet markets.
-
December 13, 2024
- Buyer
- Avenues Home Care
- Target
- Clear Path Home Care
- Seller
- JM Simmonds (Founder / former CEO, Clear Path Home Care)
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
Avenues Home Care has acquired Clear Path Home Care, adding six North Texas locations and expanding Avenues' footprint to 14 locations across Texas, Tennessee, and Georgia. The acquisition strengthens Avenues' veteran-focused and in-home care capabilities while keeping Clear Path staff in place to ensure continuity of care.
-
December 12, 2024
- Buyer
- Blackford Capital
- Target
- Security Fire Systems
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
Blackford Capital acquired Security Fire Systems (SFS) on December 12, 2024, launching its Fire Safety Consolidation Platform; terms were not disclosed. SFS, founded in 1993 and based in the Dallas–Fort Worth area (Coppell, Texas), provides fire sprinkler design, installation, testing, maintenance and fire alarm services across Texas, Arkansas, Colorado and Oklahoma; SFS management will remain in place as Blackford pursues further add-on consolidation opportunities.
-
December 11, 2024
- Buyer
- Inszone Insurance Services
- Target
- Southerland and Associates, Inc.
- Seller
- Cynthia Southerland
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Southerland and Associates, Inc., an Austin, Texas insurance agency founded by Cynthia Southerland. The deal expands Inszone's presence in Texas and provides Southerland's clients access to a broader network of carriers and resources while enabling the founder’s planned exit and retirement.
-
December 11, 2024
- Buyer
- Springline Advisory, Trinity Hunt Partners
- Target
- HM&M Advisory, LLC
- Industry
- Accounting & Tax
- Location
- Texas, United States
- Type
- Addon
Springline Advisory, a PE-backed middle-market accounting and advisory platform, announced that Dallas-based HM&M Advisory, LLC has joined as a founding firm under an alternative practice structure. The move expands Springline's geographic footprint and capabilities in tax, accounting, business valuation and litigation support while giving HM&M access to capital and broader resources.
-
December 11, 2024
- Buyer
- Adams Clinical, InTandem Capital Partners
- Target
- InSite Clinical Research
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Addon
Adams Clinical has agreed to acquire InSite Clinical Research, a Dallas–Fort Worth clinical trial site specializing in inpatient and outpatient psychiatric and neurologic trials, expanding Adams' capabilities into inpatient psychiatry and Schizophrenia trials. The deal adds a Texas footprint for Adams and follows Adams' broader 2024 expansion; InTandem Capital Partners (Adams' investor) commented on the partnership.
-
December 11, 2024
- Buyer
- DOCUmation
- Target
- PopSmart Technologies, LLC USA
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Buyout
DOCUmation, a privately-held Texas technology solutions provider based in San Antonio, has acquired PopSmart Technologies, LLC USA, a Farmers Branch, Texas provider of Kyocera, RISO and Xerox toner products and managed print/document solutions. The deal expands DOCUmation’s presence across Texas and augments its managed print, IT and document management capabilities; PopSmart’s Mexican customers will remain with the existing PopSmart service team.
-
December 11, 2024
- Buyer
- Adams Clinical, LLC
- Target
- InSite Clinical Research
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Addon
Adams Clinical, a neuroscience-focused clinical trial site network, has agreed to acquire/partner with InSite Clinical Research to add inpatient and schizophrenia clinical trial capabilities and expand into Texas. The deal will also enable Adams to establish inpatient units at its Watertown, MA and Bronx, NY sites; Provident Healthcare Partners served as exclusive financial advisor to InSite.
-
- Buyer
- Inszone Insurance Services
- Target
- Commercial Insurance of Texas Agency Services
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Commercial Insurance of Texas Agency Services, a Texas-based agency specializing in automotive, heavy truck aftermarket and equipment dealers' insurance. The acquisition expands Inszone's presence in Texas and adds specialized expertise in niche automotive and equipment insurance markets.
-
December 9, 2024
- Buyer
- Datavail, CIVC Partners
- Target
- Adjacent Solutions
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Datavail, a CIVC Partners portfolio company, has acquired Adjacent Solutions, a Richardson/Dallas-based Oracle consultancy, to expand Datavail's Oracle application managed services, cloud modernization, and licensing capabilities. Terms were not disclosed; the bolt-on strengthens Datavail's Oracle-focused service offerings and client support across cloud and on‑premises environments.
-
December 9, 2024
- Buyer
- Principle Health Systems
- Target
- Telos PGX
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
Principle Health Systems has acquired Telos PGX, a CLIA/COLA pharmacogenetic testing provider focused on the long-term care market. The acquisition adds pharmacogenetic testing capabilities to Principle's mobile diagnostic services and will keep Telos founder D.J. Hart in a leadership role to scale operations and expand PGx adoption in skilled nursing facilities.
-
December 9, 2024
- Buyer
- Mason Capital Management LLC, IES Holdings, Inc., Nut Tree Capital Management, LP, 683 Capital Management, LLC, First Pacific Advisors
- Target
- CB&I
- Seller
- McDermott International, Ltd
- Industry
- Infrastructure
- Location
- Texas, United States
- Type
- Divestiture
A consortium of financial investors led by Mason Capital Management has completed the all-cash acquisition of CB&I, the storage facilities, tanks and terminals business formerly owned by McDermott. McDermott will receive $475 million of proceeds before taxes and transaction expenses; CB&I will operate as a standalone company with no funded debt and a mandate to pursue growth in energy and industrial storage markets.
-
December 6, 2024
- Buyer
- The Yadot Group
- Target
- Hitch Media
- Industry
- Marketing & Advertising
- Location
- Texas, United States
- Type
- Buyout
The Yadot Group has acquired Austin-based full-service advertising agency Hitch Media. The acquisition expands Yadot's integrated agency capabilities (creative, production, brand and performance media) and establishes a strategic anchor in the Austin market.
-
- Buyer
- Platinum Equity
- Target
- Global, the Source, AmRad Manufacturing LLC
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Platinum Equity has made a strategic investment in Global, the Source, a master distributor of HVAC/R components, and its AmRad Manufacturing subsidiary, joining the company with Motors & Armatures (MARS) to form an integrated HVAC/R platform. As part of the transaction, Philip Windham was named CEO of the combined platform while Global owner Dickie Sirotiak and his family remain shareholders; financial terms were not disclosed.
-
December 6, 2024
- Buyer
- Carpenter Media Group
- Target
- M. Roberts Media
- Seller
- The Roberts family / M. Roberts Media (family-owned)
- Industry
- Media & Entertainment
- Location
- Texas, United States
- Type
- Buyout
Carpenter Media Group has acquired M. Roberts Media, a family-owned Texas publisher that owns seven newspapers and multiple magazines and marketing businesses serving South and East Texas. The deal transfers control of titles including the Victoria Advocate, Longview News-Journal and Tyler Morning Telegraph to Carpenter as it expands its community-news footprint; terms were not disclosed.
-
December 5, 2024
- Buyer
- Arcadia Biosciences, Inc
- Target
- Roosevelt Resources LP
- Industry
- Energy
- Location
- Texas, United States
- Type
- Buyout
Arcadia Biosciences and Roosevelt Resources LP entered into a definitive securities exchange agreement for an all-stock transaction that will combine the two companies. Under the terms, Arcadia will issue shares of its common stock to Roosevelt partners in exchange for Roosevelt equity, with the Roosevelt equity owners expected to own about 90% of the combined company.
-
December 5, 2024
- Buyer
- The Riverside Company
- Target
- Seatex
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Buyout
The Riverside Company has acquired Seatex, a specialty chemical formulator and manufacturer headquartered in Rosenberg, Texas. Comvest Credit Partners acted as administrative agent and sole lender on an $85 million senior secured credit facility to support the acquisition.
-
December 5, 2024
- Buyer
- Brightstone Specialty Group, Highstreet Insurance Partners, Inc.
- Target
- DMI Insurance Services, South Valley Claims
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Brightstone Specialty Group, a subsidiary of Highstreet Insurance Partners, has acquired Austin-based DMI Insurance Services and sister company South Valley Claims. The deal brings specialty program administration and claims capabilities for the independent automotive dealer market into Brightstone's specialty underwriting and services platform to expand its product offerings and U.S. footprint.
-
December 4, 2024
- Buyer
- IXOPAY, K1 Investment Management
- Target
- Aperia Compliance
- Seller
- Aperia Solutions
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Type
- Addon
IXOPAY, a K1 Investment Management portfolio company and payments orchestration platform, has merged with Aperia Compliance, a PCI DSS validation and risk management business formerly part of Aperia Solutions. The combined business—operating as Aperia Compliance, an IXOPAY company—bundles IXOPAY's enterprise tokenization and orchestration capabilities with Aperia Compliance's PCI Level 3/4 services to expand compliance, security and payment capabilities for merchants, ISOs, processors and banks worldwide.
-
December 4, 2024
- Buyer
- Molex
- Target
- AirBorn
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Buyout
Molex entered into an agreement to acquire AirBorn, a manufacturer of rugged and mission-critical connectors and electronic components for aerospace and defense and other end markets. The acquisition was subsequently completed, with AirBorn’s CEO Michael Cole leading a new Molex Aerospace and Defense division.
-
December 3, 2024
- Buyer
- Goode Partners LLC, Gladstone Capital Corporation
- Target
- Wings 'N More Restaurants LLC
- Seller
- Mark Dennard
- Industry
- Restaurants & Hospitality
- Location
- Texas, United States
- Type
- Growth capital
Goode Partners LLC has made a strategic growth investment in Wings 'N More Restaurants LLC, with debt financing provided by Gladstone Capital Corporation, to accelerate the Texas-based chain's growth and geographic expansion. The deal partners Goode with founder Mark Dennard and will support expansion of the brand, which currently operates seven restaurants in College Station/Bryan, Corpus Christi and Houston.
-
December 2, 2024
- Buyer
- Addus HomeCare Corporation
- Target
- Gentiva personal care operations (personal care division/operations of Gentiva)
- Seller
- Gentiva
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
Addus HomeCare completed its acquisition of Gentiva’s personal care operations for an anticipated purchase price of about $350 million (after adjustments). The deal expands Addus’ personal care market coverage across seven states and adds new markets including Texas and Missouri, with Gentiva’s personal care operations serving 16,000+ consumers/patients daily.
-
December 2, 2024
- Buyer
- Aechelon Technology, Inc.
- Target
- Radar Simulation Division (Compro Computer Services, Inc.)
- Seller
- Compro Computer Services, Inc.
- Industry
- Aerospace & Defense
- Location
- Texas, United States
- Type
- Addon
Aechelon Technology, a Sagewind Capital platform company, acquired the Radar Simulation Division of Compro Computer Services, including the Radar Toolkit (RTK) and all associated assets, contracts, software, IP, facilities and personnel. The division — based in Dallas, Texas — will be integrated into Aechelon's newly-established Radar Division to expand radar simulation capabilities and tightly integrate RTK with Aechelon's GPU-based Radar Data Generators (RDGs).
-
December 2, 2024
- Buyer
- CoachCare
- Target
- Revolution Health Solutions
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
CoachCare, a New York–based remote patient monitoring and virtual care management provider, has acquired Texas-based Revolution Health Solutions, a turnkey care management firm specializing in RPM, CCM and RTM. The acquisition expands CoachCare's clinical capabilities and extends its geographic footprint to support more patients and providers across additional specialties.
-
- Buyer
- Innovex International, Inc.
- Target
- Downhole Well Solutions, LLC
- Industry
- Oil & Gas
- Location
- Texas, United States
- Type
- Buyout
Innovex International (NYSE: INVX) has completed the acquisition of the remaining equity ownership of Downhole Well Solutions, LLC (DWS), having made a prior minority investment in May 2023. The acquisition brings DWS's proprietary drilling optimization and friction-reduction rental tools into Innovex's product portfolio to expand its downhole technology offerings and support growth in US Land and international markets.
-
- Buyer
- High Street Capital, Wells Fargo Strategic Capital, AHI's current owners and management
- Target
- AHI Supply (AHI Supply Holdings, LLC)
- Seller
- AHI's existing shareholders (including founder Bob Allen and current management)
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Recapitalization
High Street Capital completed a majority recapitalization of AHI Supply (AHI Supply Holdings, LLC), with participation from Wells Fargo Strategic Capital and AHI's current owners and management. AHI, a Texas-based manufacturer and distributor of masonry and construction products headquartered in Alvin, Texas, will retain its management team and receive growth capital and strategic support following the founder transition.
-
December 1, 2024
- Buyer
- Hilb Group
- Target
- Undisclosed Texas-based property and casualty business
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Addon
Hilb Group acquired an undisclosed Texas-based property and casualty insurance business effective December 1, 2024, expanding the company's P&C presence in Texas and the region. Hilb Group, a Richmond, Virginia-based insurance brokerage and advisory firm that is a portfolio company of The Carlyle Group, continues to grow via add-on acquisitions to broaden its geographic footprint and service capabilities.
-
November 26, 2024
- Buyer
- Kenan Advantage Group
- Target
- XBL Holdings (Xcel Bulk Logistics)
- Seller
- Lilium Group, Peterson Hawkins
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Addon
Kenan Advantage Group (KAG) has acquired Texas-based XBL Holdings (operating as Xcel Bulk Logistics), a dry bulk transportation, storage and logistics provider headquartered in Weatherford, Texas. The deal — from PE owner Lilium Group — adds XBL's drivers, operational staff, tractors, trailers, storage silos and terminals to KAG's growing dry bulk platform; financial terms were not disclosed.
-
November 26, 2024
- Buyer
- Contract Lumber
- Target
- Cedar Supply
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Buyout
Ohio-based Contract Lumber has acquired Cedar Supply, a family-owned Texas lumber and building materials supplier that has operated in the state for more than 50 years. The acquisition expands Contract Lumber’s footprint across Texas — including its first entry into the Dallas market — while preserving Cedar Supply’s operations and employee continuity.
-
November 26, 2024
- Buyer
- Teleperformance Group
- Target
- ZP Better Together
- Seller
- Kinderhook Industries
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Teleperformance Group has acquired ZP Better Together, a provider of video relay services and related communication solutions for deaf and hard of hearing communities. The transaction, for which Jefferies served as exclusive financial advisor to ZP, brings accessibility-focused interpreting and VRS capabilities into Teleperformance's global digital business services portfolio; Kinderhook Industries (ZP's sponsor) is the selling stakeholder referenced in coverage.
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.