Acquisitions in Utah

  • Buyer
    Inszone Insurance Services
    Target
    Charles James Cayias Insurance Inc.
    Seller
    Cayias family (Charley Cayias, Cyndia Cayias, and Dimitri Cayias)
    Type
    Buyout

    Inszone Insurance Services announced its merger with Charles James Cayias Insurance Inc., an independent insurance agency located in Salt Lake City, Utah. The acquisition strengthens Inszone’s Utah presence while allowing longtime agent Charley Cayias to continue working with clients and transition away from administrative duties.

  • Buyer
    Green Courte Partners
    Target
    Park n' Jet
    Seller
    Dalton family
    Industry
    Transportation
    Type
    Buyout

    Green Courte Partners, through Green Courte Real Estate Partners IV, acquired Park n' Jet, a near-airport parking operator serving Salt Lake City International Airport. Park n' Jet was previously leased and operated from an adjacent site owned by the fund, and Green Courte plans to consolidate the two neighboring parking properties into an integrated facility with approximately 4,400 spaces across more than 40 acres.

  • Buyer
    Medtronic plc
    Target
    Scientia Vascular
    Type
    Buyout

    Medtronic entered into a definitive agreement to acquire Scientia Vascular in a deal valued at $550 million, subject to customary adjustments and potential earn-out/milestone payments. The acquisition is expected to close in the first half of Medtronic’s fiscal 2027, pending regulatory approvals and other closing conditions.

  • Buyer
    Knife River
    Target
    Morgan Asphalt
    Type
    Buyout

    Knife River announced the acquisition of Morgan Asphalt, an aggregates-based asphalt paving company serving the Salt Lake City, Utah area. The deal marks Knife River’s entry into Utah and expands its Mountain Region footprint, with Morgan Asphalt to be integrated ahead of the 2026 construction season.

  • Buyer
    The Cynosure Group, Clyde Capital Group (a subsidiary of Clyde Companies)
    Target
    Utah Development and Construction (UDC)
    Industry
    Real Estate
    Type
    Buyout

    The Cynosure Group acquired Park City-based Utah Development and Construction (UDC) to create a new development platform jointly owned by Clyde Capital Group and Cynosure Elevations, Cynosure’s real estate investment division. The joint venture will focus on developing hospitality and mixed-use projects in premier resort markets across the Intermountain West.

  • Buyer
    Cando Rail & Terminals, Cando Rail & Terminals (Cando)
    Target
    Savage Rail
    Seller
    Savage Enterprises LLC
    Industry
    Transportation
    Type
    Buyout

    Cando Rail & Terminals has executed a definitive agreement to acquire Savage Rail from Savage Enterprises LLC. The deal combines complementary footprints to create a coast-to-coast North American network of railcar terminals, short-line railways, and first- and last-mile rail operating services, expected to close in Q2 2026.

  • Buyer
    The Riverside Company
    Target
    Western Botanicals
    Industry
    Food & Beverage

    The Riverside Company has made a growth investment in Western Botanicals, a Spanish Fork, Utah-based contract development and manufacturing organization (CDMO) of vitamins, minerals and supplements. Riverside will partner with management — which retains a meaningful ownership stake — to support organic growth, expand product and format capabilities, and pursue an M&A strategy to broaden Western Botanicals' capabilities.

  • February 10, 2026
    Buyer
    HR Path
    Target
    Lumi
    Industry
    IT Services
    Type
    Buyout

    HR Path, the Paris-based global HR consulting and HRIS solutions provider, has acquired Lumi, a U.S.-based Workday integrations specialist founded in 2017. The deal strengthens HR Path's Workday capabilities and expands its presence in North America.

  • February 9, 2026
    Buyer
    Accela
    Target
    Novotx
    Industry
    Cloud & SaaS
    Type
    Buyout

    Accela, a cloud software provider to state and local governments, acquired Novotx to expand its civic technology platform across the full lifecycle of public infrastructure. The combined platform is intended to connect planning and permitting with operations, maintenance, and long-term asset stewardship using Novotx’s GIS-native asset and work management capabilities.

  • Buyer
    My Salon Suite, Mark and Krishelle Magee
    Target
    Independent salon (South Jordan, Utah), Independent salon (Draper, Utah)
    Seller
    Independent salon owners (unnamed)
    Industry
    Retail
    Type
    Buyout

    My Salon Suite announced the acquisition and conversion of two independent salons in South Jordan and Draper, Utah into My Salon Suite franchise locations. The salons are now owned and operated by local entrepreneurs Mark and Krishelle Magee, expanding the brand’s presence in Utah and bringing the state to three My Salon Suite locations.

  • Buyer
    Pavement Preservation Group, Inc., The Sterling Group
    Target
    Holbrook Asphalt, LLC, Integrated Pavement Solutions, LLC
    Type
    Addon

    Pavement Preservation Group (PPG), a portfolio company of The Sterling Group, acquired Holbrook Asphalt, LLC and Integrated Pavement Solutions, LLC to expand its national pavement preservation platform. The deal broadens PPG’s geographic footprint across the Intermountain West, Southwest and Southern United States and adds IPS’s HA5 product line and related preservation capabilities to the platform.

  • Buyer
    Acme United Corporation
    Target
    My Medic (SLED Distribution, LLC)
    Seller
    SLED Distribution, LLC
    Type
    Buyout

    Acme United Corporation has acquired the assets of SLED Distribution, LLC, which does business as My Medic, for $18.7 million. My Medic, a North Salt Lake, Utah-based direct-to-consumer supplier of tactical, trauma, and emergency response products with roughly $19 million in 2025 revenue and about 40 employees, will continue operating in Utah as Acme expands its product offerings and distribution in the U.S. and Canada.

  • Buyer
    Vensure Employer Solutions
    Target
    Distro
    Industry
    Staffing & HR
    Type
    Buyout

    Vensure Employer Solutions acquired Distro, an AI-powered recruiting platform based in Lehi, Utah, adding AI screening, résumé vetting, job matching and a 1.9 million-candidate network to its HR technology portfolio. The acquisition expands Vensure's recruiting automation capabilities and integrates Distro's AI-driven talent marketplace into Vensure's suite of employer-of-record and managed HR services.

  • January 12, 2026
    Buyer
    Zelis
    Target
    Rivet
    Industry
    Data & Analytics
    Type
    Buyout

    Zelis, a Boston-based healthcare payments technology company, has acquired Rivet, an AI-enabled revenue cycle analytics provider. The acquisition brings Rivet's analytics and dashboards into Zelis' platform to improve claims payment transparency, reduce denials and administrative burden for providers, and enhance payer-provider collaboration.

  • Buyer
    Landmark Aquatic
    Target
    CEM Aquatics
    Industry
    Construction
    Type
    Buyout

    Landmark Aquatic has acquired CEM Aquatics, a Salt Lake City–based commercial aquatics design, build, renovation, and maintenance firm with more than four decades of experience. Founder Craig Nielsen and the CEM leadership team will remain in place as integration begins, with Landmark saying the deal expands its capabilities and service footprint in the aquatics sector.

  • Buyer
    Squire
    Target
    HintonBurdick
    Industry
    Accounting & Tax
    Type
    Buyout

    Squire, a Utah-based accounting firm, announced it will acquire regional CPA firm HintonBurdick. The effective closing date is January 1, 2026, and the combination expands Squire’s footprint across Utah, Arizona, and Nevada while deepening advisory capabilities.

  • Buyer
    Foretopia
    Target
    Esonus
    Industry
    IT Services
    Type
    Addon

    Foretopia, an Oracle NetSuite Alliance Partner focused on NetSuite implementations and managed services, acquired Esonus, a Utah-based NetSuite technology and development firm. Effective January 1, 2026, the companies merged under the Foretopia brand to combine teams and expand end-to-end NetSuite solutions including integrations, custom SuiteApps, and AI-driven tools.

  • December 23, 2025
    Buyer
    ZenaTech, Inc.
    Target
    Vara 3D, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    ZenaTech, Inc. has acquired Vara 3D, a Salt Lake City-area surveying and 3D mapping firm headquartered in Murray, Utah. The deal expands ZenaTech’s Drone-as-a-Service (DaaS) capabilities into the high-growth solar infrastructure market and supports growth into drone-based solar panel inspection, maintenance, and washing.

  • Buyer
    TPG
    Target
    Conservice
    Seller
    TA Associates, Advent International
    Industry
    IT Services
    Type
    Buyout

    TPG signed a definitive agreement to acquire a majority stake in Conservice, a tech-enabled utility management platform serving the U.S. property management industry. Advent International will retain a significant minority stake, while TA Associates will fully exit its stake; the deal is expected to close in the first quarter of 2026, subject to customary approvals.

  • Buyer
    CM Labs Simulations
    Target
    GlobalSim, Inc.
    Industry
    Education
    Type
    Buyout

    CM Labs Simulations has acquired GlobalSim, a Utah-based developer and manufacturer of high-end training simulators, to strengthen its simulation-based workforce development offerings. The deal expands CM Labs' U.S. footprint (Salt Lake City) and adds manufacturing resources and industry expertise to enhance training products for ports, construction, industrial and military customers.

  • Buyer
    Snapdragon Capital Partners, LLC, Funds managed by Strategic Value Partners, LLC (SVP)
    Target
    Better Being Co.
    Seller
    HGGC, LLC
    Type
    Buyout

    A syndicate of global investors led by Snapdragon Capital Partners, with financing provided by funds managed by Strategic Value Partners (SVP), has acquired Better Being Co. HGGC has sold its remaining stake and exited the business after an eight-year partnership; the new investors committed a financial reserve to support near-term acquisitions to expand Better Being's brand portfolio and global reach. Better Being, a vertically integrated manufacturer and marketer of dietary supplements and personal care brands (including Solaray and Zhou Nutrition), is headquartered in Utah and employs nearly one thousand people.

  • Buyer
    NVIDIA
    Target
    SchedMD
    Industry
    Software
    Type
    Buyout

    NVIDIA has acquired SchedMD, the developer and maintainer of the open-source Slurm workload manager used widely in high-performance computing (HPC) and AI. NVIDIA says Slurm will remain open-source and that the acquisition will accelerate Slurm development, expand integration with NVIDIA accelerated hardware, and broaden support for HPC and AI customers.

  • Buyer
    Jensen Hughes, Gryphon Investors
    Target
    Safety Management Services, Inc.
    Type
    Addon

    Jensen Hughes, a Gryphon Investors-backed global engineering and consulting firm, has acquired Safety Management Services, Inc. (SMS), an energetic materials and process safety engineering and testing firm headquartered in West Jordan, Utah. The deal expands Jensen Hughes' capabilities in process safety, energetic materials testing and related risk-management services and will be integrated into its broader global platform.

  • Buyer
    SEVA Growth LP
    Target
    Pronto
    Industry
    Cloud & SaaS

    Pronto, a Lehi, Utah–based secure, mobile-first team communications platform, received a significant minority growth investment from SEVA Growth LP. The capital will be used to accelerate sales, expand Pronto's customer footprint, and develop new product functionality and integrations; SEVA founder Shalin Mehta will join Pronto's board.

  • Buyer
    hyrUP
    Target
    Evolve Partners
    Industry
    Staffing & HR
    Type
    Buyout

    hyrUP, a tech-enabled executive search and recruiting firm, has acquired Evolve Partners, a national boutique executive search firm focused on finance and accounting hires. The deal expands hyrUP's nationwide footprint and deepens its specialization in high-caliber finance and leadership talent, with Evolve Partners' founder Kate Brogden joining hyrUP's leadership team.

  • Buyer
    Bed Bath & Beyond, Inc.
    Target
    The Brand House Collective, Inc.
    Industry
    Retail
    Type
    Buyout

    Bed Bath & Beyond, Inc. has entered into a definitive merger agreement to acquire The Brand House Collective, Inc. in an equity-value deal of approximately $26.8 million. The transaction is expected to close in Q1 2026, pending The Brand House Collective shareholder approval and other customary conditions. The companies expect at least $20 million in cost eliminations through removing duplicate functions and streamlining systems and operations, and they plan to scale Bed Bath & Beyond’s store conversions into the Brand House format.

  • Buyer
    Any Hour Group, LLC, Knox Lane
    Target
    Lee's Plumbing, Inc.
    Seller
    Lee Draper
    Type
    Addon

    Any Hour Group, LLC has entered into a definitive agreement to acquire Lee's Plumbing, Inc., a residential plumbing services provider in northern Utah and southern Idaho. The parties did not disclose the transaction terms. Lee Draper will continue leading Lee's Plumbing under the existing brand.

  • Buyer
    Smith Ventures LLC, CommerceOne Financial Corporation
    Target
    Green Dot Corporation, Green Dot Bank

    Green Dot Corporation has entered into agreements to be split and acquired in two parts: Smith Ventures will acquire and privatize Green Dot’s non-bank fintech technology business, while CommerceOne will acquire Green Dot Bank and form a new publicly traded bank holding company. The transactions are expected to close in the second quarter of 2026 and are subject to shareholder and regulatory approvals.

  • Buyer
    Kingdom of Threads, Marie Criddle
    Target
    Storymakers Trading Co.
    Seller
    Tomi Ann Hill, Storymakers Trading Co.

    Kingdom of Threads has acquired the TTRPG (tabletop role-playing game) merchandise line from Storymakers Trading Co., expanding its product catalog beyond bookish merchandise into gaming-themed pins, stickers, washi tapes, and greeting cards. The Storymakers brand name will continue under new owner Marie Criddle, who will focus on the fantasy-style state map collection; founder Tomi Ann Hill has transitioned the TTRPG product line to Kingdom of Threads so she can move into a new chapter.

  • Buyer
    Motorola Solutions
    Target
    Blue Eye
    Type
    Buyout

    Motorola Solutions has acquired Salt Lake City–based Blue Eye, an AI-driven enterprise remote video monitoring provider, to strengthen its intelligent security and incident-response offerings. The deal will integrate Motorola Solutions' AI capabilities with Blue Eye's RVM platform and SOC services to accelerate proactive threat detection, verification and automated response across key enterprise markets.

  • Buyer
    Tang+Company
    Target
    CanQualify, LLC
    Type
    Buyout

    Tang+Company has acquired CanQualify, a web-based supplier prequalification and risk management platform, to expand its occupational health, safety, and supplier compliance capabilities. CanQualify will continue to operate independently under Tang+Company, enabling an integrated offering across contractor prequalification, employee screening, training and workforce health services; full integration is targeted for early 2026 (Q1 2026).

  • Buyer
    Atlassian Corporation
    Target
    DX
    Industry
    Data & Analytics
    Type
    Buyout

    Atlassian Corporation has completed its acquisition of DX, an engineering intelligence platform that helps enterprises measure and improve developer productivity and satisfaction. The combined solution is intended to provide enterprises with visibility into AI investment impact and developer experience across the software development lifecycle, integrated into Atlassian’s System of Work.

  • Buyer
    Hexagon AB
    Target
    Inertial Sense
    Industry
    Data & Analytics
    Type
    Buyout

    Hexagon AB has entered into a definitive agreement to acquire Inertial Sense, a Utah-based developer of compact tactical-grade inertial navigation systems and GNSS+INS solutions. The acquisition is expected to close in the first half of 2026, subject to regulatory approvals, and will expand Hexagon’s assured positioning, navigation, and timing capabilities for aerospace, defense, robotics, and unmanned systems.

  • Buyer
    Apex Companies, LLC
    Target
    Forsgren Associates, Inc.
    Type
    Addon

    Apex Companies, LLC has acquired Forsgren Associates, Inc., a multi-discipline civil engineering, environmental sciences, and land surveying firm serving the Intermountain West. The deal adds deep engineering capabilities and expands Apex's operational presence across the Rockies and Pacific Northwest as Forsgren will operate as Forsgren, an Apex Company.

  • Buyer
    Young Automotive Group
    Target
    Larry H. Miller Chrysler Jeep Dodge Ram Riverdale
    Seller
    Asbury Automotive
    Industry
    Automotive
    Type
    Buyout

    Young Automotive Group has agreed to acquire Larry H. Miller Chrysler Jeep Dodge Ram Riverdale from Asbury Automotive, expanding the buyer's presence in Weber County, Utah. The location will be renamed Young Chrysler Dodge Jeep Ram Riverdale and Jacob Sobers will be appointed general manager.

  • Buyer
    Pye-Barker Fire & Safety
    Target
    Zion Fire & Security
    Type
    Addon

    Pye-Barker Fire & Safety has acquired Zion Fire & Security, a St. George, Utah-based provider of fire alarm, fire suppression, security and automation services. The acquisition expands Pye-Barker's full-service fire and life safety footprint in Utah and adds Zion’s commercial monitoring, installation and automation capabilities.

  • Buyer
    Twin Star Home, Z Capital Group
    Target
    Walker Edison
    Type
    Addon

    Twin Star Home, a Z Capital Group-backed omnichannel home furnishings platform, acquired Walker Edison’s assets after Walker Edison filed for Chapter 11 and Twin Star emerged as the successful bidder in a court‑supervised auction. The deal will integrate Walker Edison’s e-commerce capability and design pipeline into Twin Star Home to expand omnichannel reach, sourcing, and distribution across multiple product categories.

  • Buyer
    Bluewave Technology Group
    Target
    Streamline Communications
    Industry
    IT Services
    Type
    Buyout

    Bluewave Technology Group has acquired Streamline Communications, a Greater Salt Lake City–based technology solutions provider, bringing Bluewave into the Utah market. The deal expands Bluewave's technology advisory and sourcing footprint and gives Streamline clients access to broader advisory services across network, cloud, customer experience (CX) and security.

  • Buyer
    Volaris Group, Constellation Software Inc.
    Target
    Alpine Testing Solutions Inc.
    Industry
    Education
    Type
    Buyout

    Volaris Group, an operating group of Constellation Software Inc., has acquired Alpine Testing Solutions Inc., a psychometric consulting and test-security provider based in Orem, Utah. Alpine will join Volaris' Smith Portfolio and remain led by CEO Stephen Price as the acquisition expands Volaris into the workforce-management vertical and strengthens its credentialing and assessment capabilities.

  • Buyer
    Escalade, Inc.
    Target
    Gold Tip, Bee Stinger
    Seller
    Revelyst Inc.
    Type
    Buyout

    Escalade, Inc. announced the acquisition of the Gold Tip business, including the Bee Stinger line, from Revelyst Inc. The deal adds precision carbon arrows and premium stabilizers to Escalade’s archery portfolio to strengthen its position in the archery and bowhunting market and better serve dealers, distributors and retailers.

  • Buyer
    Accel‑KKR
    Target
    Arbiter
    Seller
    Serent Capital
    Industry
    Software

    Accel‑KKR has acquired a majority stake in Arbiter, a Sandy, Utah‑based provider of athletic and school operations management software. Serent Capital, which partnered with Arbiter in 2017, will retain a minority equity position; the investment is intended to accelerate product innovation, expanded services, and scale across the K‑12 and youth sports market.

  • Buyer
    Insight Partners, Accel, Halo Fund, Meritech, StepStone, Run Ventures, Album Ventures
    Target
    Filevine
    Industry
    Cloud & SaaS

    Filevine, a Salt Lake City–based legal operating intelligence SaaS provider, raised $400 million in an all-equity growth financing led by Insight Partners with Accel and Halo Fund co-leading and participation from Meritech, StepStone, Run Ventures and Album Ventures. The new capital will be used to scale Filevine’s product, deepen AI capabilities, and accelerate go-to-market expansion across law firms, government agencies and enterprise legal teams.

  • Buyer
    Angel Studios, Inc., Southport Acquisition Corporation
    Target
    Angel Studios, Inc.
    Type
    Buyout

    Angel Studios completed its business combination with Southport Acquisition Corporation, a special purpose acquisition company. The combined company will operate as Angel Studios, Inc., and its shares are expected to begin trading on the NYSE under ticker “ANGX.”

  • Buyer
    Amplēo
    Target
    Avalaunch Media
    Type
    Addon

    Amplēo, a Lehi, Utah-based provider of fractional finance, marketing and HR services backed by private equity, has acquired Avalaunch Media, a Utah-based digital marketing agency known for SEO, paid media, content and fractional CMO services. Avalaunch's leadership will remain in place, with cofounder David Mink serving as president of Amplēo Marketing as the combined business expands Amplēo's embedded marketing capabilities for SMB and scaling clients.

  • September 8, 2025
    Buyer
    Incubeta
    Target
    RocketSource
    Type
    Buyout

    Incubeta, the global marketing agency, has acquired RocketSource, a behavioral-science-led marketing consultancy, to expand its human-centered AI and data-driven marketing capabilities. The acquisition integrates RocketSource's proprietary frameworks, DaaS offerings, and consulting talent into Incubeta to accelerate AI-driven marketing solutions and measurement for enterprise clients.

  • Buyer
    LICT Corporation, CentraCom
    Target
    Gunnison Telephone Company
    Type
    Buyout

    LICT Corporation, through its wholly owned subsidiary CentraCom, has agreed to acquire Gunnison Telephone Company in Gunnison, Utah. The transaction is expected to close in December 2025 after regulatory approvals.

  • Buyer
    Sequoia Financial Group
    Target
    The Martin Worley Group
    Seller
    Brian Worley, Terra Thurgood, Barry Watson
    Type
    Buyout

    Sequoia Financial Group has agreed to acquire The Martin Worley Group (MWG), a wealth management firm based in Cottonwood Heights, Utah, near Salt Lake City. MWG, which manages $430 million in assets, will integrate all staff into Sequoia Financial upon closing expected on August 31.

  • Buyer
    Digi International Inc.
    Target
    Jolt Software, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    Digi International acquired Jolt Software for approximately $145.5 million in cash and will integrate Jolt into its SmartSense business to advance operational intelligence and compliance automation across foodservice, grocery, convenience and healthcare verticals. Jolt generated over $20 million in ARR and the acquisition is expected to accelerate ARR growth, deliver roughly $11 million of annualized adjusted EBITDA synergies by end of 2026, and be immediately accretive to adjusted EPS.

  • Buyer
    Rockwood Equity Partners
    Target
    ZERO Manufacturing
    Industry
    Manufacturing
    Type
    Buyout

    Rockwood Equity Partners has acquired ZERO Manufacturing, a designer and manufacturer of aluminum and molded-plastic protective cases, enclosures, components and sub-assemblies. Rockwood will partner with ZERO's leadership to expand production capabilities, pursue strategic add-on acquisitions, and drive growth across ZERO's end markets including aerospace, medical, industrial, energy, logistics and datacom.

  • Buyer
    Thorpe Specialty Services, KLH Capital
    Target
    Streamline Industrial Services, LLC
    Type
    Addon

    Thorpe Specialty Services, a KLH Capital–backed industrial services platform, has acquired Streamline Industrial Services, LLC of Salt Lake City, Utah. The add-on expands Thorpe’s geographic footprint into the Mountain West and specialty minerals & mining end market while adding refractory, corrosion, fireproofing, specialty coatings, and mechanical capabilities to its service offering.

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