2025 Year in Review | Arizona M&A Insights
The information reflects transactions as reported, including deal descriptions, values, and statuses, but may contain gaps, such as undisclosed deal terms or financial metrics, which limit comprehensive analysis. While efforts have been made to ensure accuracy, users should consult primary sources or professional advisors for legal, financial, or strategic decisions. No warranties are made regarding the completeness or reliability of this data, and the provider assumes no liability for its use.
2025 - National Transaction Value ($bn) and Transaction Count
Targets in Arizona
Arizona - Transaction Value and Count
Arizona — Business Sale Overview
In 2025, Arizona-based target companies recorded 178 (176 settled) M&A transactions—an elevated level of inbound activity that outpaced 2024 (approximately 145 deals) and reinforces Arizona’s position as a durable seller market for scaled services, differentiated technology, and institutional-quality real assets. Just as important as volume was buyer mix and risk profile: 2025 skewed toward lower-risk, well-capitalized acquirors—large strategics and institutional sponsors underwriting long-duration cash flows and category-leading capabilities—alongside a steady layer of sponsor-backed consolidators pursuing disciplined bolt-ons. The result was a market characterized less by “frothy” financial engineering and more by buyers paying for (i) defensible platforms, (ii) recurring or mission-critical demand, and (iii) scalable operating models that can be expanded nationally.
Several marquee transactions highlight the year’s breadth and the quality of capital targeting Arizona assets. On the institutional end, Starwood Property Trust’s $2.2 billion acquisition of Phoenix-based Fundamental Income Properties repositioned a major net-lease platform under a scaled balance sheet, while RHP Property AR’s $865 million acquisition of the JW Marriott Desert Ridge in Phoenix reinforced conviction in premium Arizona hospitality real estate. In technology, Workday’s $1.0 billion acquisition of Scottsdale-based Paradox underscored the premium being paid for AI-enabled talent acquisition platforms. In industrial and building services, TopBuild’s $810 million purchase of Phoenix-based Progressive Services signaled continued consolidation in building envelope/insulation services, and Rocket Lab’s $313 million acquisition of Tucson-based GEOST showcased Arizona’s role in national security and space systems supply chains. Resource exposure was also strategically bid, including Mitsubishi’s $600 million acquisition of Tucson-based Copper World, complemented by multiple project and royalty transactions that point to sustained interest in long-life copper optionality.
Beneath these headline deals, the middle market remained consistently active across healthcare services, business services, insurance/wealth management aggregation, and specialized technology. Healthcare and adjacent services saw recurring consolidation (e.g., Sagility / BroadPath (Tucson), LifeCare Home Health Family / Infinity Hospice Care (Scottsdale), Miracle-Ear / Safe in Sound Hearing (Tucson)), while digital infrastructure and workflow platforms continued to attract strategic interest (e.g., Cablevision Lightpath / WANRack’s Phoenix business, Broadridge / iJoin Success (Scottsdale)). Insurance brokerage and wealth management roll-ups remained steady, with Arizona agencies and advisory practices acquired by national aggregators (e.g., World Insurance Associates, Wealth Enhancement Group, Mariner, Modern Wealth Management), reflecting both demographic tailwinds and fragmentation. In Q4, deal flow remained strong in defense, aerospace, IT services, and consulting—highlighted by Safariland’s $170 million acquisition of TYR Tactical (Peoria), Satair’s acquisition of Unical Aviation (Glendale), Valence Surface Technologies’ acquisition of Foresight Finishing (Tempe), and Avidex’s acquisition of CCS Presentation Systems (Mesa). Overall, 2025’s step-up versus 2024 was not simply “more deals”—it was more institutional and strategic capital targeting Arizona assets, a constructive signal for founder-owners and sponsors evaluating the state’s exit environment.
Arizona — Strategic vs. Sponsor-led Activity
Arizona — X / Y Plot By Sector
Arizona — M&A Segmentation
Arizona — Sector Breakdown
Second Level Primary Industry Breakdown
Arizona M&A Deal Summaries — Business Sale Activity for M&A Targets
The following transactions represent M&A activity where the target entity is headquartered in described geography, in line with the traditional reporting on target M&A deal volume and metrics captured in the charts and conventional analysis above.
1. Restroom Trailer For Sale (1/3/2025)
Elk Creek Trailers LLC of Overgaard, AZ, acquired Restroom Trailer For Sale of Overgaard, AZ, consolidating its portable sanitation trailer operations within the local market.
2. 1% of BCE net smelter royalty (1/6/2025)
Arizona Sonoran Copper Company Inc. acquired 1% of BCE net smelter royalty for $1M, strengthening its revenue streams from copper production operations.
3. ADERO Scottsdale Resort (1/7/2025)
LionGrove, LLC acquired ADERO Scottsdale Resort of Scottsdale, AZ for $58M, strengthening its luxury hospitality portfolio in the premium Arizona resort market.
4. Arrivia, Inc. (1/7/2025)
Oaktree Capital Management, L.P. of Los Angeles, CA, acquired Arrivia, Inc. of Scottsdale, AZ, strengthening its portfolio of travel and lifestyle benefits platforms.
5. Chula Vista Landscaping, Inc. (1/7/2025)
Verde Equity Partners LP of San Diego, CA, acquired Chula Vista Landscaping, Inc. of Tucson, AZ, strengthening its portfolio presence in the Southwest commercial landscaping market.
6. OmniScript Compounding, LLC (1/7/2025)
Revelation Pharma Corp. of Castle Rock, CO, acquired OmniScript Compounding, LLC of Phoenix, AZ, strengthening its specialized pharmaceutical compounding capabilities and expanding its presence in the Southwest market.
7. Yerba Brands Corp. (1/7/2025)
Safety Shot, Inc. of Jupiter, FL, acquired Yerba® Brands Corp. of Scottsdale, AZ for $12M, consolidating its position in the functional beverage market with complementary energy and wellness drink offerings.
8. Concord Servicing LLC (1/8/2025)
GTCR LLC of Chicago, IL, acquired Concord Servicing LLC of Scottsdale, AZ, strengthening its portfolio in the financial services and loan servicing sector.
9. One EBS Wireless License (1/8/2025)
Nextel West Corp. of Bellevue, WA, acquired One EBS Wireless License, strengthening its Educational Broadband Service spectrum holdings for enhanced wireless network capacity.
10. Ripsey West Copper Project (1/8/2025)
Pacific Ridge Exploration Ltd. acquired Ripsey West Copper Project for $4M, expanding its copper exploration portfolio and strengthening its position in the base metals sector.
11. Cornerstone Properties, Inc. (1/9/2025)
Inframark, LLC of Horsham, PA, acquired Cornerstone Properties, Inc. of Phoenix, AZ, expanding its real estate portfolio and strengthening its presence in the Southwest market.
12. Revolution Industrial , LLC (1/9/2025)
Loenbro, LLC of Westminster, CO, acquired Revolution Industrial, LLC of Chandler, AZ, strengthening its industrial services capabilities in the Southwest market.
13. Mineral rights of Corral Project (1/15/2025)
Investor Group acquired mineral rights of Corral Project, expanding its portfolio of natural resource extraction assets.
14. Azteca Bakeries, Inc. (1/16/2025)
Sweetmore Bakeries of Park Ridge, IL, acquired Azteca Bakeries, Inc. of Phoenix, AZ, expanding its geographic footprint into the Southwest market.
15. SYNERGY HomeCare Franchising, LLC (1/21/2025)
Investor Group acquired SYNERGY HomeCare Franchising, LLC of Tempe, AZ, positioning for growth in the expanding home healthcare franchise sector.
16. Modern Transport Solutions (1/23/2025)
Atomic Transport, LLC of Chattanooga, TN, acquired Modern Transport Solutions of Apache Junction, AZ, strengthening its logistics capabilities and expanding its transportation network into the Southwest market.
17. Battery Storage Project (1/27/2025)
GridStor LLC of Portland, OR, acquired Battery Storage Project, expanding its energy storage infrastructure portfolio and strengthening its position in the renewable energy sector.
18. CIM Real Estate Finance Trust, Inc. (1/27/2025)
Comrit Investments 1 LP acquired CIM Real Estate Finance Trust, Inc. of Phoenix, AZ for $52M, consolidating its commercial real estate financing platform in the Southwest market.
19. Personal finance education and recommendation platform (1/28/2025)
Gen Digital Inc. of Tempe, AZ, acquired Personal finance education and recommendation platform for $85M, expanding its consumer-focused digital services beyond cybersecurity into financial wellness and education.
20. BroadPath, LLC (1/29/2025)
Sagility LLC acquired BroadPath, LLC of Tucson, AZ for $58M, strengthening its healthcare business process outsourcing capabilities and expanding its talent pool in the Southwest market.
21. Volteo LLC (1/29/2025)
CoreX, LLC of Idaho Falls, ID, acquired Volteo LLC of Chandler, AZ, strengthening its technology capabilities and expanding its presence in the Arizona market.
22. The Insomnia & Sleep Institute of Arizona, LLC (1/31/2025)
Forward Health Group, Inc. of Madison, WI, acquired The Insomnia & Sleep Institute of Arizona, LLC of Scottsdale, AZ, expanding its specialized sleep medicine capabilities into the Arizona market.
23. Terrascape Consulting, LLC (2/4/2025)
Atwell, LLC of Southfield, MI, acquired Terrascape Consulting, LLC of Phoenix, AZ, strengthening its environmental consulting capabilities and expanding its geographic footprint in the Southwest market.
24. Honeywell Aerospace Inc. (2/6/2025)
0 acquired Honeywell Aerospace Inc. of Phoenix, AZ, consolidating aerospace technology and defense capabilities in a major industry consolidation move.
25. Elite Collision Center, Inc. (2/7/2025)
Classic Collision, LLC of Atlanta, GA, acquired Elite Collision Center, Inc. of Battle Ground, AZ, advancing its collision repair footprint into the southwestern United States market.
26. Four FM and Two AM Stations (2/7/2025)
Simcast Digital LLC of Lakeside, AZ, acquired Four FM and Two AM Stations for $1M, consolidating its regional radio broadcasting footprint across multiple frequency bands.
27. General Acrylics, Inc. (2/11/2025)
AstroTurf, LLC of Dalton, GA, acquired General Acrylics, Inc. of Phoenix, AZ, strengthening its synthetic turf manufacturing capabilities with specialized acrylic coating technologies.
28. 2.5% NSR On Cactus Project (2/13/2025)
Rg Royalties, LLC of Denver, CO, acquired 2.5% NSR On Cactus Project for $55M, expanding its portfolio of mining royalty assets and strengthening its revenue stream from precious metals production.
29. Connexion Technology LLC (2/14/2025)
Ionic Partners, LLC of Austin, TX, acquired Connexion Technology LLC of Phoenix, AZ, strengthening its technology solutions portfolio and expanding its presence in the Southwest market.
30. Esanelle LLC (2/14/2025)
Status Pros, LLC of San Ramon, CA, acquired Esanelle LLC of Tempe, AZ, strengthening its service capabilities and expanding its geographic footprint into the Arizona market.
31. AudiencePlus, Inc. (2/18/2025)
Juice Software, Inc. of Indianapolis, IN, acquired AudiencePlus, Inc. of Phoenix, AZ, strengthening its customer engagement and marketing technology capabilities.
32. Additional 113 Lode Claims (2/19/2025)
West Point Gold Corp. acquired Additional 113 Lode Claims, consolidating its mineral rights portfolio and strengthening its position in gold exploration activities.
33. Parallel Ventures, Inc. (2/19/2025)
Albers Aerospace of McKinney, TX, acquired Parallel Ventures, Inc. of Tucson, AZ, advancing its aerospace technology capabilities and market presence in the Southwest.
34. Durant's Fine Foods Inc. (2/26/2025)
Undisclosed Buyer acquired Durant's Fine Foods Inc. of Phoenix, AZ, strengthening its presence in the specialty food and gourmet retail market.
35. Alamo Property (2/28/2025)
Silver Range Resources Ltd. acquired Alamo Property, expanding its mineral exploration and development portfolio.
36. bluemedia, Inc. (3/3/2025)
Wasserman Media Group, LLC of Los Angeles, CA, acquired bluemedia, Inc. of Tempe, AZ, strengthening its digital marketing and media capabilities within the sports and entertainment sector.
37. Denmark Sausage, LLC (3/3/2025)
Premium Brands Holdings Corporation acquired Denmark Sausage, LLC of Peoria, AZ for $21M, strengthening its specialty food manufacturing capabilities in the southwestern U.S. market.
38. WANRack's Phoenix Business (3/4/2025)
Cablevision Lightpath, LLC of Bethpage, NY, acquired WANRack's Phoenix Business, strengthening its data center and cloud infrastructure capabilities in the Southwest market.
39. Ab Staffing Solutions, LLC (3/5/2025)
Prime Time Healthcare, LLC of Elkhorn, NE, acquired Ab Staffing Solutions, LLC of Gilbert, AZ, strengthening its healthcare staffing capabilities and expanding its geographic footprint into the Arizona market.
40. KMKR-LP (3/7/2025)
Here's To Your Health Radio of Tucson, AZ, acquired KMKR-LP for $0M, expanding its low-power FM broadcasting footprint to reach additional local health-conscious audiences.
41. Prosports Technologies, LLC (3/10/2025)
IQMIND, Inc. of Newport Beach, CA, acquired Prosports Technologies, LLC of Scottsdale, AZ, bolstering its technology capabilities in the professional sports analytics and data management sector.
42. 1606 Corp. (3/11/2025)
Undisclosed Buyer acquired 1606 Corp. of Phoenix, AZ for $1M, positioning for growth in the Arizona market through strategic asset consolidation.
43. E3 Displays LLC (3/12/2025)
Ubiqconn Technology (USA) Inc. of Hacienda Heights, CA, acquired E3 Displays LLC of Phoenix, AZ for $7M, strengthening its display technology capabilities and expanding its presence in the electronic components market.
44. Herman Cx, LLC (3/12/2025)
NV5 Global, Inc. of Hollywood, FL, acquired Herman Cx, LLC of Cottonwood, AZ, reinforcing its engineering and consulting capabilities in the southwestern United States.
45. Advantage Retirement Solutions, LLC (3/13/2025)
Investor Group acquired Advantage Retirement Solutions, LLC of Scottsdale, AZ, strengthening its position in the retirement planning and employee benefits services sector.
46. Bennett Family Medicine (3/25/2025)
Optima Medical, LLC of Glendale, AZ, acquired Bennett Family Medicine of Glendale, AZ, consolidating primary care services within the local market.
47. Harold's Restaurant LLC (3/26/2025)
Undisclosed Buyer acquired Harold's Restaurant LLC of Cave Creek, AZ, consolidating its presence in the Arizona dining market.
48. White Hills Project (3/28/2025)
Helix Resources Limited acquired White Hills Project for $0M, expanding its mineral exploration portfolio and strengthening its position in the resources sector.
49. Vero Amore, LLC (3/31/2025)
Private Investor acquired Vero Amore, LLC of Tucson, AZ, strengthening its portfolio in the specialty retail and hospitality sector.
50. Phoenix Managed Networks LLC (4/1/2025)
Payfave Inc. of Plano, TX, acquired Phoenix Managed Networks LLC of Phoenix, AZ, strengthening its technology infrastructure capabilities and expanding its managed services portfolio.
51. Solutions First Financial Group (4/1/2025)
Safeguard Investment Advisory Group, LLC of Corona, CA, acquired Solutions First Financial Group of Scottsdale, AZ, strengthening its wealth management capabilities and expanding its client base across the Southwest.
52. Black, Gould & Associates Inc. (4/2/2025)
Warner Pacific Insurance Services, Inc. of Westlake Village, CA, acquired Black, Gould & Associates Inc. of Phoenix, AZ, strengthening its insurance brokerage capabilities in the Arizona market.
53. Mesa Air Group, Inc. (4/7/2025)
Republic Airways Holdings Inc. of Indianapolis, IN, acquired Mesa Air Group, Inc. of Phoenix, AZ, consolidating its position in the regional airline sector and expanding its fleet capacity for major carrier partnerships.
54. La Cienega Gold Project (4/9/2025)
Magnum Mining and Exploration Limited acquired La Cienega Gold Project, expanding its precious metals portfolio and strengthening its position in gold exploration and development activities.
55. Real Game Used LLC (4/9/2025)
Medical Care Technologies Inc. of Mesa, AZ, acquired Real Game Used LLC of San Tan Valley, AZ, expanding into sports memorabilia and collectibles authentication services.
56. Signing Day Sports, Inc. (4/14/2025)
blockchAIn Digital Infrastructure of New York, NY, acquired Signing Day Sports, Inc. of Scottsdale, AZ for $215M, positioning the company to leverage blockchain technology in the sports recruiting and athlete management sector.
57. Video West, Inc. (4/15/2025)
ON Services, Inc. of Norcross, GA, acquired Video West, Inc. of Phoenix, AZ, strengthening its audiovisual technology capabilities and expanding its geographic footprint into the Southwest market.
58. Pinnacle Peak Pictures, LLC (4/18/2025)
Fawesome LLC of Ridgewood, NJ, acquired Pinnacle Peak Pictures, LLC of Scottsdale, AZ, bolstering its content production capabilities and entertainment portfolio.
59. Phoenix Design One, Inc. (4/21/2025)
RDC Architects of Long Beach, CA, acquired Phoenix Design One, Inc. of Scottsdale, AZ, expanding its design capabilities and geographic presence in the Southwest market.
60. Anadigm, Inc. (4/22/2025)
Okika Devices Corporation of Colorado Springs, CO, acquired Anadigm, Inc. of Mesa, AZ, strengthening its analog and mixed-signal semiconductor capabilities.
61. Resilient Software Security LLC (4/23/2025)
Rezliant Inc of Mesa, AZ, acquired Resilient Software Security LLC of Phoenix, AZ, strengthening its cybersecurity capabilities and software protection services.
62. Gold Basin Tenements (4/28/2025)
Helix Resources Limited acquired Gold Basin Tenements for $0M, expanding its precious metals exploration portfolio and strengthening its position in gold mining assets.
63. Equity Methods, LLC (4/29/2025)
HGGC, LLC of Palo Alto, CA, acquired Equity Methods, LLC of Scottsdale, AZ, strengthening its portfolio in the financial services and equity management sector.
64. Safe in Sound Hearing, LLC/SISH Tucson, LLC (4/29/2025)
Miracle-Ear, Inc. of Minneapolis, MN, acquired Safe in Sound Hearing, LLC/SISH Tucson, LLC, strengthening its hearing healthcare presence in the Arizona market.
65. Casago International LLC (4/30/2025)
Highmount Capital Management, Llc of New York, NY, acquired Casago International LLC of Scottsdale, AZ, expanding its portfolio in the vacation rental management and hospitality technology sector.
66. Roadrunner Paving and Asphalt Maintenance LLC (4/30/2025)
Banner Capital Management, LLC of Lehi, UT, acquired Roadrunner Paving and Asphalt Maintenance LLC of Mesa, AZ, strengthening its portfolio of infrastructure and construction services companies.
67. Copperwynd Financial, LLC (5/1/2025)
Lido Advisors, LLC of Los Angeles, CA, acquired Copperwynd Financial, LLC of Scottsdale, AZ, strengthening its wealth management presence in the Arizona market.
68. SSi, Inc. (5/1/2025)
NATA Compliance Services, LLC of Reno, NV, acquired SSi, Inc. of Tucson, AZ, strengthening its regulatory compliance and technical services capabilities.
69. K222AY-FX (5/5/2025)
Across Nations of Gallup, NM, acquired K222AY-FX for $0M, expanding its radio broadcasting footprint in the southwestern market.
70. Banker Insulation, Inc. (5/8/2025)
Kinzler Construction Services, Inc. of Ankeny, IA, acquired Banker Insulation, Inc. of Chandler, AZ, strengthening its specialty construction capabilities and expanding its geographic footprint into the Southwest market.
71. Fountain Hills Real Estate Agents (5/9/2025)
Private Investor acquired Fountain Hills Real Estate Agents, consolidating its presence in the Arizona residential real estate market.
72. EOS Fitness Opco Holdings, LLC (5/12/2025)
TSG Consumer Partners, LP of Larkspur, CA, acquired EOS Fitness Opco Holdings, LLC of Dallas, AZ for $1,500M, consolidating its position in the rapidly growing fitness franchise sector.
73. Pavement Preservation Group, Inc. (5/15/2025)
The Sterling Group, L.P. of Houston, TX, acquired Pavement Preservation Group, Inc. of Tolleson, AZ, strengthening its infrastructure services portfolio in the specialized pavement maintenance and preservation sector.
74. Casago International LLC (5/19/2025)
Roofstock, Inc. of Oakland, CA, acquired Casago International LLC of Scottsdale, AZ, strengthening its vacation rental management capabilities and property investment platform.
75. JW Marriott Desert Ridge Resort & Spa (5/19/2025)
RHP Property AR, LLC acquired JW Marriott Desert Ridge Resort & Spa of Phoenix, AZ for $865M, positioning the firm in the luxury hospitality market with a premier desert resort property.
76. Starkweather Roofing, Inc. (5/20/2025)
J3 Construction, Inc. of Chicago, IL, acquired Starkweather Roofing, Inc. of Phoenix, AZ, expanding its construction services footprint into the Southwest roofing market.
77. Mayhem Applications, LLC (5/21/2025)
Private Investor acquired Mayhem Applications, LLC of Tucson, AZ, advancing its technology portfolio with specialized software development capabilities.
78. 10 Mining Claims (5/27/2025)
Arizona Gold & Silver Inc. acquired 10 Mining Claims for $0M, consolidating its mineral rights portfolio and expanding its exploration footprint in the precious metals sector.
79. GEOST, LLC (5/27/2025)
Rocket Lab Corporation of Long Beach, CA, acquired GEOST, LLC of Tucson, AZ for $313M, strengthening its space systems capabilities and ground-based satellite operations infrastructure.
80. Mission Bank (5/27/2025)
Avenir Financial Federal Credit Union of Yuma, AZ, acquired Mission Bank of Kingman, AZ, consolidating its presence in northwestern Arizona's banking market.
81. Mehall Contracting, LLC (5/28/2025)
Inframark, LLC of Horsham, PA, acquired Mehall Contracting, LLC of Chandler, AZ, expanding its infrastructure services capabilities in the Southwest market.
82. Schaafsma Wealth Management, Inc. (5/28/2025)
Heffernan Insurance Brokers, Inc. of Walnut Creek, CA, acquired Schaafsma Wealth Management, Inc. of Flagstaff, AZ, expanding its financial services capabilities into comprehensive wealth management solutions.
83. Yume Japanese Gardens of Tucson (5/28/2025)
Tucson Botanical Gardens, Inc. of Tucson, AZ, acquired Yume Japanese Gardens of Tucson of Tucson, AZ, strengthening its specialized garden collections and expanding its cultural horticulture offerings.
84. Phoenix Drill Control, LLC (6/3/2025)
Hexagon AB (publ) acquired Phoenix Drill Control, LLC of Tucson, AZ, strengthening its mining technology portfolio with advanced drilling automation and control systems.
85. Temco Air Environmental (6/5/2025)
ResiXperts of Tucson, AZ, acquired Temco Air Environmental of Tucson, AZ, strengthening its HVAC and air quality service capabilities in the local market.
86. Torreon Group, Inc. (6/9/2025)
Next10, Inc. of Placentia, CA, acquired Torreon Group, Inc. of Pima, AZ, consolidating its presence in the southwestern markets.
87. E-xact Transactions Ltd. (6/11/2025)
Paynt UAB acquired E-xact Transactions Ltd. of Scottsdale, AZ, strengthening its payment processing capabilities in the North American market.
88. Additional Claims (6/16/2025)
Black Mammoth Metals Corporation acquired Additional Claims, expanding its mineral exploration footprint and strengthening its resource development pipeline.
89. Air Transport Components, LLC (6/16/2025)
AE Industrial Partners, LP of Boca Raton, FL, acquired Air Transport Components, LLC of Gilbert, AZ, strengthening its aerospace supply chain and components portfolio.
90. Evers Insurance, LLC (6/17/2025)
Inszone Insurance Services, Inc of Rancho Cordova, CA, acquired Evers Insurance, LLC of Cave Creek, AZ, strengthening its presence in the Arizona insurance market.
91. Tesoro Project (6/17/2025)
Silver Range Resources Ltd. acquired Tesoro Project, expanding its mineral exploration portfolio and strengthening its position in precious metals development.
92. Bumble Bee Plumbing Inc. (6/18/2025)
Champions Group Holdings Limited acquired Bumble Bee Plumbing Inc. of Glendale, AZ, strengthening its residential and commercial plumbing services portfolio in the Phoenix metropolitan market.
93. CyraCom International, Inc. (6/21/2025)
Propio Language Services, LLC of Overland Park, KS, acquired CyraCom International, Inc. of Tucson, AZ, consolidating its position in the over-the-phone and video remote interpreting services market.
94. Spartan Infrastructure (6/23/2025)
SOLV Energy, LLC of San Diego, CA, acquired Spartan Infrastructure of Mesa, AZ, strengthening its renewable energy infrastructure development capabilities across the Southwest.
95. Gateway Chevrolet, Inc. (6/24/2025)
Ken Garff Automotive, LLC of Salt Lake City, UT, acquired Gateway Chevrolet, Inc. of Avondale, AZ, expanding its dealership network into the Arizona market.
96. 0.64% NSRs on Cactus Project (6/25/2025)
Arizona Sonoran Copper Company Inc. acquired 0.64% NSRs on Cactus Project for $9M, consolidating its royalty interests in its flagship copper development asset.
97. Arizona Inn (6/30/2025)
Undisclosed Buyer acquired Arizona Inn of Tucson, AZ, expanding its luxury hospitality portfolio in the Southwest leisure travel market.
98. BLM claims (6/30/2025)
Black Mammoth Metals Corporation acquired BLM claims for $0M, expanding its mineral rights portfolio and positioning for future resource development opportunities.
99. Gynecology Today, PLLC (7/1/2025)
Arizona Gynecology Consultants of Phoenix, AZ, acquired Gynecology Today, PLLC of Phoenix, AZ, consolidating women's healthcare services within the local market.
100. Kiterocket, LLC (7/1/2025)
Southwest Strategies LLC of San Diego, CA, acquired Kiterocket, LLC of Phoenix, AZ, strengthening its digital marketing and technology capabilities across the Southwest region.
101. Undisclosed insurance agency (7/1/2025)
Keystone Agency Investors, LLC of Harrisburg, PA, acquired an undisclosed insurance agency, strengthening its regional market presence and broadening its client portfolio in the Pennsylvania insurance sector.
102. Additional Mineral Rights at Corral Property (7/2/2025)
Intrepid Metals Corp. acquired Additional Mineral Rights at Corral Property, consolidating its resource base and strengthening its position in the mineral exploration sector.
103. Ripsey Mine (7/3/2025)
Prismo Metals Inc. acquired Ripsey Mine for $1M, expanding its mining operations and mineral extraction capabilities.
104. Silver King Mine (7/3/2025)
Prismo Metals Inc. acquired Silver King Mine for $1M, expanding its precious metals mining operations and production capacity.
105. Progressive Services, Inc. (7/8/2025)
TopBuild Corp. of Daytona Beach, FL, acquired Progressive Services, Inc. of Phoenix, AZ for $810M, strengthening its insulation and building services capabilities in the Southwest market.
106. Trident Calibration Labs (7/8/2025)
Accredited Labs of Irving, TX, acquired Trident Calibration Labs of Phoenix, AZ, expanding its calibration and testing services footprint into the Southwest market.
107. Golflogix, Inc. (7/9/2025)
Revelyst, Inc. of Anoka, MN, acquired Golflogix, Inc. of Scottsdale, AZ, strengthening its position in golf technology and course management solutions.
108. The Wizard Marketing Group, LLC (7/9/2025)
Finch, LLC of Salt Lake City, UT, acquired The Wizard Marketing Group, LLC of Maricopa, AZ, strengthening its digital marketing capabilities and expanding its presence in the Southwest market.
109. Wreno Home Services LLC (7/15/2025)
Doorvest Inc. of San Francisco, CA, acquired Wreno Home Services LLC of Scottsdale, AZ, strengthening its property management capabilities and home maintenance service offerings.
110. Fundamental Income Properties, LLC (7/16/2025)
Starwood Property Trust, Inc. of Miami Beach, FL, acquired Fundamental Income Properties, LLC of Phoenix, AZ for $2,200M, consolidating its position as a leading commercial real estate investment and financing platform.
111. 40 claims of Salt Spring Project (7/23/2025)
Globex Mining Enterprises Inc. acquired 40 claims of Salt Spring Project, consolidating its mineral exploration portfolio and strengthening its position in the regional mining sector.
112. King Tut Mine (7/23/2025)
Silver Bullet Mines Corp. acquired King Tut Mine, strengthening its precious metals extraction portfolio and expanding operational mining capacity.
113. Affinaquest, LLC (7/24/2025)
iWave Information Systems Inc. acquired Affinaquest, LLC of Scottsdale, AZ, strengthening its donor intelligence and fundraising analytics capabilities for nonprofit organizations.
114. ExpanDrive LLC (7/24/2025)
Action Verb LLC of Tempe, AZ, acquired ExpanDrive LLC of Tempe, AZ, consolidating cloud storage and file management solutions within the local technology sector.
115. iMemories, LLC (7/30/2025)
Ancestry.com LLC of Lehi, UT, acquired iMemories, LLC of Scottsdale, AZ, strengthening its digital preservation capabilities and expanding services for converting physical memories into digital formats.
116. Green Planet Insurance, LLC (7/31/2025)
Inszone Insurance Services, Inc of Rancho Cordova, CA, acquired Green Planet Insurance, LLC of Sun City West, AZ, strengthening its presence in the Arizona insurance market.
117. Manwaring Wealth Management LLC (7/31/2025)
Wealth Enhancement Group, LLC of Plymouth, MN, acquired Manwaring Wealth Management LLC of Gilbert, AZ, expanding its presence in the Arizona wealth management market.
118. CommunityLTE, LLC. (8/1/2025)
The Ponderosa Telephone Co. of O'Neals, CA, acquired CommunityLTE, LLC. of Maricopa, AZ, strengthening its wireless infrastructure capabilities and expanding its telecommunications footprint into the Arizona market.
119. Maverick Petroleum Services, Inc. (8/1/2025)
JF Acquisition, LLC of Morrisville, NC, acquired Maverick Petroleum Services, Inc. of Avondale, AZ, strengthening its position in the petroleum services sector across key regional markets.
120. Mining Claims (8/5/2025)
Bocana Resources Corp. acquired Mining Claims for $28M, expanding its mineral exploration portfolio and strengthening its position in the natural resources sector.
121. Desert Platinum Properties, Llc Dba Platinum Living Realty (8/6/2025)
Engel & Völkers Scottsdale of Scottsdale, AZ, acquired Desert Platinum Properties, Llc Dba Platinum Living Realty of Scottsdale, AZ, consolidating its luxury real estate market presence in the greater Phoenix metropolitan area.
122. Viewsite Claims (8/6/2025)
Intrepid Metals Corp. acquired Viewsite Claims for $0M, expanding its mineral exploration portfolio and strengthening its position in the mining claims sector.
123. KinetX Aerospace, Inc. (8/7/2025)
Intuitive Machines, Inc. of Houston, TX, acquired KinetX Aerospace, Inc. of Tempe, AZ for $30M, strengthening its space navigation and mission design capabilities for lunar and deep space operations.
124. Transco.Energy, LLC (8/11/2025)
Electrical Consultants, Inc. of Billings, MT, acquired Transco.Energy, LLC of Tempe, AZ, strengthening its energy consulting capabilities and expanding its geographic footprint into the Southwest market.
125. Focus HR, Inc. (8/12/2025)
Digital Insurance, LLC of Atlanta, GA, acquired Focus HR, Inc. of Tucson, AZ, expanding its service offerings into human resources solutions and strengthening its position in the digital business services market.
126. Copper World LLC (8/13/2025)
Mitsubishi Corporation (Americas) of New York, NY, acquired Copper World LLC of Tucson, AZ for $600M, strengthening its position in the North American copper mining and metals supply chain.
127. ForzaCare (8/13/2025)
Ethos Risk Services, LLC of Saint Petersburg, FL, acquired ForzaCare of Mesa, AZ, strengthening its healthcare risk management and care coordination capabilities.
128. Huss Brewing Company, LLC (8/13/2025)
PHX Beer Co of Phoenix, AZ, acquired Huss Brewing Company, LLC of Tempe, AZ, consolidating its presence in the Arizona craft beer market.
129. Community Asset Management, LLC. (8/20/2025)
Community Management Holdings, Inc. acquired Community Asset Management, LLC. of Prescott, AZ, consolidating its property management operations and strengthening its presence in the Arizona market.
130. Paradox, Inc. (8/21/2025)
Workday, Inc. of Pleasanton, CA, acquired Paradox, Inc. of Scottsdale, AZ for $1,000M, strengthening its human capital management platform with advanced AI-powered recruiting and talent acquisition capabilities.
131. Ultra Financial Partners LLC (8/21/2025)
Mariner, LLC of Overland Park, KS, acquired Ultra Financial Partners LLC of Scottsdale, AZ, strengthening its wealth management capabilities and expanding its presence in the Arizona market.
132. Decon Water Technologies, LLC (8/22/2025)
Rochester Midland Corporation of Rochester, NY, acquired Decon Water Technologies, LLC of Phoenix, AZ, strengthening its water treatment and environmental solutions capabilities.
133. Alvarado Gold Mine (8/27/2025)
NOHO, Inc. of Phoenix, AZ, acquired Alvarado Gold Mine, expanding its precious metals mining operations and mineral asset portfolio.
134. Galloway Asset Management, LLC (8/29/2025)
Modern Wealth Management, LLC of Lenexa, KS, acquired Galloway Asset Management, LLC of Mesa, AZ, strengthening its footprint in the Southwest wealth management market.
135. Keystroke Data, Inc. (8/29/2025)
BravoTran, Inc. of Chicago, IL, acquired Keystroke Data, Inc. of Phoenix, AZ, strengthening its data management and analytics capabilities across key U.S. markets.
136. Business of SilverLeaf Insurance Group LLC (9/1/2025)
World Insurance Associates, LLC of Iselin, NJ, acquired Business of SilverLeaf Insurance Group LLC of Scottsdale, AZ, strengthening its presence in the Arizona insurance market.
137. Commercial Computer Services, Inc. (9/2/2025)
AVI-SPL Global LLC of Tampa, FL, acquired Commercial Computer Services, Inc. of Scottsdale, AZ, strengthening its technology integration and managed services capabilities in the Southwest market.
138. Evernorth Care Group (9/2/2025)
HonorHealth Foundation of Scottsdale, AZ, acquired Evernorth Care Group of Phoenix, AZ, strengthening its healthcare delivery capabilities and expanding its patient care network throughout the Phoenix metropolitan area.
139. K254CB-FX (9/2/2025)
Advance Ministries, Inc. of Lake Havasu City, AZ, acquired K254CB-FX, expanding its radio broadcasting capabilities to reach wider audiences with Christian programming.
140. Visionmakers International LLC (9/2/2025)
BizGro Partners acquired Visionmakers International LLC of Mesa, AZ, strengthening its portfolio of creative services and marketing capabilities.
141. iJoin Success (9/9/2025)
Broadridge Financial Solutions, Inc. of Lake Success, NY, acquired iJoin Success of Scottsdale, AZ, strengthening its technology capabilities in client engagement and digital transformation solutions.
142. Arizona PPE Recon, Inc. (9/15/2025)
Lakeland Industries, Inc. of Huntsville, AL, acquired Arizona PPE Recon, Inc. of Tempe, AZ for $4M, strengthening its personal protective equipment reconditioning and maintenance capabilities.
143. JOBLYT LLC (9/15/2025)
EverCommerce Inc. of Denver, CO, acquired JOBLYT LLC of Phoenix, AZ, reinforcing its workforce management and job placement technology capabilities.
144. Nations Group, LLC (9/17/2025)
Legends Global acquired Nations Group, LLC of Scottsdale, AZ, consolidating its position in the sports and entertainment services market.
145. 100 MW / 400 MWh White Tank Battery Storage Project (9/18/2025)
GridStor LLC of Portland, OR, acquired 100 MW / 400 MWh White Tank Battery Storage Project, expanding its utility-scale energy storage portfolio and grid stabilization capabilities.
146. Automated Environments, Inc. (9/19/2025)
Full Spectrum Technology Group of Concord, CA, acquired Automated Environments, Inc. of Mesa, AZ, strengthening its automation and environmental control systems capabilities.
147. Park Glacier Inc (9/23/2025)
Pursuit Attractions and Hospitality, Inc. of Denver, CO, acquired Park Glacier Inc of Phoenix, AZ for $13M, strengthening its portfolio of unique outdoor adventure and glacier-themed attractions.
148. Southwest Barricades, LLC (9/23/2025)
Right Traffic acquired Southwest Barricades, LLC of Phoenix, AZ, expanding its traffic control and safety equipment capabilities in the Southwest market.
149. Argus Professional Storage Management, LLC (9/24/2025)
SmartStop Self Storage REIT, Inc. of Ladera Ranch, CA, acquired Argus Professional Storage Management, LLC of Tucson, AZ for $32M, strengthening its self-storage management capabilities in the Southwest market.
150. Modern Recovery, LLC (9/25/2025)
BrentCare Behavioral Health of Brentwood, TN, acquired Modern Recovery, LLC of Tempe, AZ, strengthening its addiction treatment services and expanding its geographic footprint into the Arizona market.
151. Golconda Project (10/1/2025)
G50 Corp Limited acquired Golconda Project for $1M, positioning itself in the mineral exploration and development sector.
152. CCS Presentation Systems Inc. (10/2/2025)
Avidex Industries, LLC of Cary, NC, acquired CCS Presentation Systems Inc. of Mesa, AZ, strengthening its audiovisual integration capabilities and expanding its geographic footprint in the Southwest market.
153. Cenavera Nutrition, LLC (10/7/2025)
Nautic Partners, LLC of Providence, RI, acquired Cenavera Nutrition, LLC of Scottsdale, AZ, expanding its portfolio in the specialty nutrition and wellness products sector.
154. Rattlesnake, Arizona Porphyry-Epithermal Project (10/9/2025)
Almadex Minerals Ltd. acquired Rattlesnake, Arizona Porphyry-Epithermal Project, advancing its North American exploration portfolio with a high-potential copper-gold asset.
155. Joined Alloys, LLC (10/14/2025)
Trusted Aerospace Engineering Pvt. Ltd. acquired Joined Alloys, LLC of Phoenix, AZ for $12M, strengthening its materials and metallurgy capabilities in the aerospace supply chain.
156. Sun Tech Air Conditioning Llc (10/14/2025)
Fix it Frankie of Phoenix, AZ, acquired Sun Tech Air Conditioning Llc of Phoenix, AZ, strengthening its HVAC service capabilities in the local market.
157. GCON Inc. (10/17/2025)
Webcor Construction, LP of San Francisco, CA, acquired GCON Inc. of Phoenix, AZ, strengthening its construction capabilities and market presence in the Southwest region.
158. GeoSystems Analysis, Inc. (10/21/2025)
Trinity Consultants, Inc. of Dallas, TX, acquired GeoSystems Analysis, Inc. of Tucson, AZ, strengthening its environmental consulting capabilities with specialized geospatial analysis and modeling expertise.
159. Bacvax, Inc. (10/24/2025)
GPN Vaccines Inc acquired Bacvax, Inc. of Phoenix, AZ, strengthening its vaccine development pipeline and biotechnology capabilities.
160. M & K Industries Limited Co (10/28/2025)
Trophy Resources, Inc. of Alpharetta, GA, acquired M & K Industries Limited Co of Tucson, AZ, strengthening its industrial manufacturing capabilities and expanding its geographic footprint into the Southwest market.
161. Safe T Professionals, LLC (10/29/2025)
Gallagher Bassett Services, Inc. of Rolling Meadows, IL, acquired Safe T Professionals, LLC of Chandler, AZ, strengthening its workplace safety and risk management consulting capabilities.
162. TYR Tactical, LLC (10/29/2025)
Safariland, LLC of Jacksonville, FL, acquired TYR Tactical, LLC of Peoria, AZ for $170M, strengthening its tactical gear and protective equipment portfolio for law enforcement and military markets.
163. Foresight Finishing, LLC (11/3/2025)
Valence Surface Technologies, LLC of El Segundo, CA, acquired Foresight Finishing, LLC of Tempe, AZ, strengthening its surface treatment and finishing capabilities across the Southwest.
164. Infinity Hospice Care LLC (11/6/2025)
LifeCare Home Health Family of Irving, TX, acquired Infinity Hospice Care LLC of Scottsdale, AZ, expanding its end-of-life care services into the Arizona market.
165. Unical Aviation Inc. (11/7/2025)
Satair USA Inc. of Peachtree City, GA, acquired Unical Aviation Inc. of Glendale, AZ, strengthening its aerospace parts distribution and maintenance services capabilities.
166. AccountabilIT, LLC (11/12/2025)
Corsica Technologies, Inc. of Greenville, SC, acquired AccountabilIT, LLC of Scottsdale, AZ, strengthening its IT services capabilities and expanding its geographic footprint into the Arizona market.
167. Hickman's Egg Ranch, Inc. (11/14/2025)
Mantiqueira USA of Greeley, CO, acquired Hickman's Egg Ranch, Inc. of Buckeye, AZ, consolidating its position in the U.S. egg production market.
168. Sheraton Grand Phoenix LLC (11/17/2025)
Brookfield Asset Management Ltd. of New York, NY, acquired Sheraton Grand Phoenix LLC of Phoenix, AZ, strengthening its hospitality portfolio with a premium hotel asset in the southwestern U.S. market.
169. 1606 Corp. (11/18/2025)
Sim Agro Inc. of The Woodlands, TX, acquired 1606 Corp. of Phoenix, AZ, strengthening its agricultural operations and expanding its presence in the Southwest market.
170. SCC Paradise Village Gateway AZ LLC (11/20/2025)
Undisclosed Buyer acquired SCC Paradise Village Gateway AZ LLC of Phoenix, AZ for $29M, consolidating its commercial real estate holdings in the Phoenix metropolitan market.
171. AST Revolution, LLC (11/24/2025)
Bruker Corporation of Billerica, MA, acquired AST Revolution, LLC of Tucson, AZ, strengthening its analytical instrumentation capabilities in advanced testing solutions.
172. FPG Private Wealth (11/30/2025)
Wealth Enhancement Group, LLC of Plymouth, MN, acquired FPG Private Wealth, strengthening its comprehensive wealth management platform and expanding its advisor network.
173. CommLoan, Inc. (12/2/2025)
Windtree Therapeutics, Inc. of Warrington, PA, acquired CommLoan, Inc. of Scottsdale, AZ, diversifying beyond its biopharmaceutical operations into financial services and commercial lending solutions.
174. one camelback (12/4/2025)
Kinella Capital acquired one camelback, strengthening its position in the outdoor gear and hydration equipment market.
175. Amer-X Security Inc. (12/9/2025)
Protel Communications Inc. of San Diego, CA, acquired Amer-X Security Inc. of Scottsdale, AZ, strengthening its integrated communications platform with advanced security solutions and services.
176. Yakkertech Limited (12/16/2025)
WIN Reality, Inc. of Austin, TX, acquired Yakkertech Limited of Phoenix, AZ, strengthening its virtual reality training platform with advanced communication technology capabilities.
177. Pinnacle Healthcare Advisors, Inc. (12/19/2025)
Accordion Partners LLC of New York, NY, acquired Pinnacle Healthcare Advisors, Inc. of Phoenix, AZ, strengthening its healthcare consulting and advisory services capabilities.
178. Electronic Security Concepts LLC (12/29/2025)
Security Franchisors, LLC of West Palm Beach, FL, acquired Electronic Security Concepts LLC of Scottsdale, AZ, strengthening its electronic security solutions capabilities and expanding its geographic footprint in the Southwest market.
Buyers in Arizona
The following transactions represent M&A activity where the acquiring entity is headquartered in described geography, distinct from the traditional reporting on target M&A deal volume and metrics captured in the charts and conventional analysis above.
Arizona — M&A Business Acquisition Overview (Buyers)
In aggregate, 2025 marked a defining year for Arizona-based acquirors, with 203 completed transactions spanning operating companies, technology platforms, healthcare providers, industrial assets, and institutional real estate. The activity was not abstract—it was anchored by several notable transactions that illustrate both scale and strategic intent. Cavco Industries’ $190 million acquisition of American Homestar Corporation expanded manufactured housing capacity in Texas, reinforcing Arizona’s presence in national residential production. ServBanc Holdco’s $91 million acquisition of IF Bancorp extended Arizona banking capital into the Midwest. Centuri Holdings deployed over $57 million to acquire Connect Atlantic Utility Services, expanding regulated infrastructure services along the Eastern seaboard. In technology and data, Datavant strengthened its healthcare analytics platform through acquisitions including Aetion and DigitalOwl, while Insight Enterprises added digital transformation depth through Inspire11.
At the same time, a large portion of the year’s volume reflected disciplined, repeatable consolidation strategies. LUV Car Wash executed multiple California acquisitions—including Tommy’s Express, Big Ben Express, La Cienega, and Champion—while Sun Auto Tire & Service expanded across North Carolina, Arkansas, Tennessee, Washington, Alabama, and Florida, building national density in automotive services. Republic Services continued geographic expansion through environmental and waste acquisitions in North Carolina, Kentucky, and Montana. Osaic completed multiple advisor roll-ups, extending its wealth management platform across Florida, Minnesota, Massachusetts, Tennessee, and North Carolina. In industrial and specialty manufacturing, Molded Devices expanded both East Coast and Northeast capabilities, and Carlisle Companies strengthened its sustainable materials portfolio through targeted asset purchases.
Real assets and infrastructure capital also played a material role. Store Capital expanded healthcare real estate holdings in the Northeast; MC Companies and Neighborhood Ventures added multifamily properties in Phoenix; ViaWest and Fundamental Income Properties deployed capital into stabilized office assets; and Metro Hotel consolidated hospitality exposure within the greater Phoenix market. Across sectors, the pattern is clear: Arizona-based buyers are not merely participating in national M&A—they are increasingly acting as capital allocators and platform builders on a national stage. The combination of scaled public strategics, sponsor-backed consolidators, financial services roll-ups, and real estate operators positions Arizona as a durable headquarters market for disciplined expansion and long-term value creation.
Arizona M&A Deal Summaries — Business Sale Activity for M&A Buyers
1. Boulder Creek Apartment Community in Phoenix, Arizona (1/1/25)
MC Companies of Scottsdale, AZ, acquired Boulder Creek Apartment Community in Phoenix, Arizona, expanding its multifamily real estate portfolio within the Greater Phoenix market.
2. Restroom Trailer For Sale (1/3/25)
Elk Creek Trailers LLC of Overgaard, AZ, acquired Restroom Trailer For Sale of Overgaard, AZ, consolidating its portable sanitation trailer offerings in the local market.
3. Marathon HVAC Service, LLC/Tokay Heating & Air (1/6/25)
ResiXperts of Tucson, AZ, acquired Marathon HVAC Service, LLC/Tokay Heating & Air, consolidating its residential heating and cooling service capabilities in the southwestern market.
4. Bungee Tech Corporation (1/9/25)
Clear Demand, Inc. of Scottsdale, AZ, acquired Bungee Tech Corporation of Bellevue, WA, strengthening its technology capabilities and market presence in the Pacific Northwest.
5. North Carolina Facility of Medical Murray, Inc. (1/21/25)
Molded Devices, Inc. of Tempe, AZ, acquired North Carolina Facility of Medical Murray, Inc., expanding its medical device manufacturing footprint on the East Coast.
6. Yoomi Health, Inc. (1/24/25)
Raintree Systems, Inc. of Chandler, AZ, acquired Yoomi Health, Inc. of Fayetteville, NY, strengthening its healthcare technology platform and patient engagement capabilities.
7. Renewable Energy Products Manufacturing Corp. (1/25/25)
Freedom Holdings, Inc. of Scottsdale, AZ, acquired Renewable Energy Products Manufacturing Corp. of Cherry Hill, NJ, strengthening its position in the growing renewable energy manufacturing sector.
8. Personal finance education and recommendation platform (1/28/25)
Gen Digital Inc. of Tempe, AZ, acquired Personal finance education and recommendation platform for $85M, expanding its cybersecurity expertise into consumer financial wellness and education services.
9. Britco Structures USA, LLC (1/29/25)
Sunbelt Modular, Inc. of Phoenix, AZ, acquired Britco Structures USA, LLC of Waco, TX, strengthening its modular construction capabilities and expanding its geographic footprint in the Texas market.
10. Public Certificate Business of Entrust Corporation (1/29/25)
Sectigo, Inc. of Scottsdale, AZ, acquired Public Certificate Business of Entrust Corporation, consolidating its position in the digital certificate and public key infrastructure market.
11. GoBankingRates Inc. (1/31/25)
Gen Digital Inc. of Tempe, AZ, acquired GoBankingRates Inc. of Kailua, HI, expanding its digital presence into personal finance content and media services.
12. Charleston's Rigging & Marine Hardware Inc. (2/4/25)
Ascent Lifting, Inc. of Phoenix, AZ, acquired Charleston's Rigging & Marine Hardware Inc. of Charleston, SC, strengthening its marine and industrial rigging capabilities in the Southeast coastal market.
13. Eqtble, Inc. (2/5/25)
Paradox, Inc. of Scottsdale, AZ, acquired Eqtble, Inc. of New York, NY, strengthening its talent acquisition technology platform with enhanced diversity and inclusion capabilities.
14. Vivid Ink Graphics, Inc. (2/5/25)
Prisma Graphic Corporation of Phoenix, AZ, acquired Vivid Ink Graphics, Inc. of Baton Rouge, LA, strengthening its printing capabilities and expanding its geographic footprint into the Louisiana market.
15. American Planning Services, Inc. (2/6/25)
Osaic Inc. of Phoenix, AZ, acquired American Planning Services, Inc. of Sun City Center, FL, strengthening its financial planning and wealth management capabilities in the Florida market.
16. Four FM and Two AM Stations (2/7/25)
Simcast Digital LLC of Lakeside, AZ, acquired Four FM and Two AM Stations for $0.55M, consolidating its radio broadcasting footprint across multiple frequency bands.
17. Horizon Insurance Services (2/7/25)
Crest Insurance Group, LLC of Tucson, AZ, acquired Horizon Insurance Services of Henderson, NV, strengthening its presence in the Nevada insurance market.
18. Three dispensaries and two processing in Arizona of iAnthus Capital Holdings, In (2/7/25)
Pitchfork Enterprises, LLC of Tempe, AZ, acquired three dispensaries and two processing facilities in Arizona of iAnthus Capital Holdings, Inc for $36.5M, consolidating its vertically integrated cannabis operations across the state.
19. Last Mile Capital Partners, LLC/Last Mile Production, LLC (2/13/25)
Southern ITS International, Inc. of Scottsdale, AZ, acquired Last Mile Capital Partners, LLC/Last Mile Production, LLC, strengthening its capabilities in last-mile logistics and delivery solutions.
20. Strategic Equipment of Fza Note Buyers, LLC (2/13/25)
The Alkaline Water Company Inc. of Scottsdale, AZ, acquired Strategic Equipment of Fza Note Buyers, LLC for $0.748M, strengthening its operational capabilities through specialized equipment assets.
21. Shamrock Environmental Corporation (2/14/25)
Republic Services, Inc. of Phoenix, AZ, acquired Shamrock Environmental Corporation of Browns Summit, NC, strengthening its environmental services capabilities in the North Carolina market.
22. Strawberry Fields, Inc. (2/18/25)
Devereux Advanced Behavioral Health Arizona of Phoenix, AZ, acquired Strawberry Fields, Inc., strengthening its comprehensive behavioral health services and treatment capabilities.
23. Taylor IT Consulting (2/26/25)
G&R Solutions Group LLC of Gilbert, AZ, acquired Taylor IT Consulting, strengthening its technology consulting capabilities and client service offerings.
24. Jerry Seiner Chrysler Dodge Jeep Ram (2/28/25)
Carvana Co. of Tempe, AZ, acquired Jerry Seiner Chrysler Dodge Jeep Ram, expanding its presence in traditional dealership operations and strengthening its automotive retail ecosystem.
25. Aerospace Assets of Systems Integrators LLC (3/4/25)
Ignova Ventures of Glendale, AZ, acquired Aerospace Assets of Systems Integrators LLC, strengthening its aerospace integration capabilities and expanding its defense sector portfolio.
26. Aj Rental Dallas Inc. (3/4/25)
Sunstate Equipment Co., LLC of Phoenix, AZ, acquired Aj Rental Dallas Inc. of Krum, TX, strengthening its equipment rental footprint in the Texas market.
27. Assets of V.H. Azhderian & Co. (3/4/25)
Martori Bros. Distributors of Scottsdale, AZ, acquired Assets of V.H. Azhderian & Co., strengthening its distribution capabilities and expanding its market presence in the Southwest.
28. KMKR-LP (3/7/25)
Here's To Your Health Radio of Tucson, AZ, acquired KMKR-LP for $0.0038M, expanding its low-power FM broadcasting footprint in the health and wellness media sector.
29. Pampered Paw Resort (3/7/25)
Dogs 24/7 LLC of Chandler, AZ, acquired Pampered Paw Resort of Washington, PA, expanding its pet care services into the Pennsylvania market.
30. iRealty Arkansas (3/10/25)
Jason Mitchell Real Estate Arizona LLC, A Arizona Limited Liability Company of Scottsdale, AZ, acquired iRealty Arkansas of Sherwood, AR, expanding its real estate services footprint into the Arkansas market.
31. Green Forest Express (3/12/25)
LUV Car Wash of Gilbert, AZ, acquired Green Forest Express of Hawthorne, CA, expanding its car wash operations into the Southern California market.
32. Vapen KY, LLC (3/16/25)
Vext Science, Inc. of Phoenix, AZ, acquired Vapen KY, LLC of Fulton, KY, consolidating its cannabis operations and strengthening its presence in the Kentucky market.
33. Foothill Express Car Wash (3/19/25)
Raceway Car Wash of Phoenix, AZ, acquired Foothill Express Car Wash of Fontana, CA, expanding its operations into the Southern California market.
34. Contemporary Heating & Air Conditioning, Inc. (3/20/25)
Modigent, LLC of Phoenix, AZ, acquired Contemporary Heating & Air Conditioning, Inc. of Placentia, CA, strengthening its HVAC service capabilities in the Southern California market.
35. Criterion Labs, Inc. (3/24/25)
FST Technical Services, Inc. of Chandler, AZ, acquired Criterion Labs, Inc. of Riverbank, CA, strengthening its laboratory testing and analytical services capabilities.
36. ROC Rigging Inc. (3/24/25)
Rhino Staging & Event Productions, Inc. of Tempe, AZ, acquired ROC Rigging Inc. of La Quinta, CA, strengthening its technical rigging capabilities and specialized equipment services for large-scale events.
37. Bennett Family Medicine (3/25/25)
Optima Medical, LLC of Glendale, AZ, acquired Bennett Family Medicine of Glendale, AZ, consolidating primary care services within the local healthcare market.
38. Piedmont Radiator and Tire, LLC (3/31/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Piedmont Radiator and Tire, LLC of King, NC, strengthening its automotive service capabilities and expanding its geographic footprint into the North Carolina market.
39. Future Express Car Wash (4/1/25)
LUV Car Wash of Gilbert, AZ, acquired Future Express Car Wash of Rohnert Park, CA, expanding its express wash operations into the Northern California market.
40. Peak and Valley (4/5/25)
Wellkasa Inc. of Phoenix, AZ, acquired Peak and Valley of Phoenix, AZ, strengthening its local market presence and consolidating operations within the Phoenix metropolitan area.
41. Network Depot LLC (4/8/25)
The Benefit Doctor of Phoenix, AZ, acquired Network Depot LLC of Herndon, VA, expanding its technology infrastructure capabilities to enhance employee benefits administration services.
42. HVAC division of Berg Enterprises, Inc (4/9/25)
Rite Way Heating, Cooling and Plumbing, LLC of Tucson, AZ, acquired HVAC division of Berg Enterprises, Inc, strengthening its market position and service capabilities in the regional heating and cooling sector.
43. Real Game Used LLC (4/9/25)
Medical Care Technologies Inc. of Mesa, AZ, acquired Real Game Used LLC of San Tan Valley, AZ, expanding beyond healthcare into the sports memorabilia and collectibles market.
44. SMART Microsystems Ltd (4/10/25)
Spirit Electronics of Phoenix, AZ, acquired SMART Microsystems Ltd of Elyria, OH, strengthening its advanced microsystems technology capabilities and expanding its presence in the Ohio manufacturing corridor.
45. Beldon Roofing & Remodeling Co, Inc (4/14/25)
Progressive Services, Inc. of Phoenix, AZ, acquired Beldon Roofing & Remodeling Co, Inc of San Antonio, TX, expanding its residential construction services footprint into the Texas market.
46. Two Larry Harer Goodyear stores (4/14/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Two Larry Harer Goodyear stores, strengthening its retail tire and automotive service footprint in the regional market.
47. Two Build-to-Rent Communities in Dallas-Fort Worth (4/15/25)
Christopher Todd Communities LLC of Mesa, AZ, acquired Two Build-to-Rent Communities in Dallas-Fort Worth, expanding its residential rental portfolio into the high-growth Texas market.
48. Two Cats and a Cup of Coffee, LLC (4/15/25)
Terkel Inc. of Scottsdale, AZ, acquired Two Cats and a Cup of Coffee, LLC of New York, NY, expanding its presence in the specialty coffee and café market.
49. Datava, Inc. (4/16/25)
Cash Flow Management, LLC of Gilbert, AZ, acquired Datava, Inc. of Wheat Ridge, CO, strengthening its data analytics and financial technology capabilities.
50. Asset Systems, Inc. (4/17/25)
Integrity Data Solutions, Inc. of Phoenix, AZ, acquired Asset Systems, Inc. of Naperville, IL, strengthening its data management and asset tracking capabilities in the Midwest market.
51. Resilient Software Security LLC (4/23/25)
Rezliant Inc of Mesa, AZ, acquired Resilient Software Security LLC of Phoenix, AZ, strengthening its cybersecurity capabilities and defensive software solutions portfolio.
52. Atomos Nuclear & Space Corp (4/24/25)
Katalyst Space Technologies LLC of Prescott Valley, AZ, acquired Atomos Nuclear & Space Corp of Broomfield, CO, advancing its nuclear propulsion capabilities for deep space missions.
53. MedAllies, Inc. (4/24/25)
Centauri Health Solutions, Inc. of Phoenix, AZ, acquired MedAllies, Inc. of Fishkill, NY, strengthening its healthcare technology platform with advanced interoperability and data exchange capabilities.
54. Key oil and gas assets in Jones County, Texas (4/25/25)
Pure Oil & Gas Inc. of Scottsdale, AZ, acquired key oil and gas assets in Jones County, Texas, expanding its upstream production footprint in the Permian Basin region.
55. PHX FWD (4/25/25)
StartupAZ of Phoenix, AZ, acquired PHX FWD, strengthening its local market presence and operational capabilities within the Phoenix metropolitan area.
56. DISH Fiber Internet L.L.C (4/30/25)
Mereo 89, LLC of Phoenix, AZ, acquired DISH Fiber Internet L.L.C of Englewood, CO, expanding its telecommunications infrastructure and high-speed internet service capabilities.
57. Infill Parcel in Phoenix (4/30/25)
City of Phoenix, Arizona of Phoenix, AZ, acquired Infill Parcel in Phoenix for $29.58M, expanding its municipal land portfolio for strategic development opportunities.
58. M Love Vintage Holdings Inc. (5/1/25)
Arowana Media Holdings, Inc. of Phoenix, AZ, acquired M Love Vintage Holdings Inc. of Beverly Hills, CA, expanding its portfolio into the luxury vintage fashion and collectibles market.
59. Seven Primary Care Clinics and Two Walk-in Locations of Village Medical (5/1/25)
Banner Health of Phoenix, AZ, acquired Seven Primary Care Clinics and Two Walk-in Locations of Village Medical, strengthening its ambulatory care network and expanding patient access points across its service territory.
60. Town and Country Sanitation, Inc./Peterson Sanitation, Inc. (5/1/25)
Republic Services, Inc. of Phoenix, AZ, acquired Town and Country Sanitation, Inc./Peterson Sanitation, Inc., consolidating its waste management operations and expanding regional collection services.
61. Assets of Advanced Drywall Systems II, LLC (5/2/25)
Paul Johnson Drywall, Inc. of Phoenix, AZ, acquired assets of Advanced Drywall Systems II, LLC, consolidating its market position in the regional commercial and residential drywall construction sector.
62. Epic River Healthcare, Inc. (5/6/25)
Cash Flow Management, LLC of Gilbert, AZ, acquired Epic River Healthcare, Inc. of Fort Collins, CO, strengthening its healthcare revenue cycle management capabilities in the Colorado market.
63. WoodBoxBlanks (5/6/25)
MakerFlo of Chandler, AZ, acquired WoodBoxBlanks, expanding its woodworking supply capabilities and product offerings for makers and craftspeople.
64. Inglewood Express Car Wash (5/7/25)
LUV Car Wash of Gilbert, AZ, acquired Inglewood Express Car Wash of Inglewood, CA, expanding its footprint into the greater Los Angeles market.
65. Burlington Automotive, Inc. (5/8/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Burlington Automotive, Inc. of Burlington, WA, strengthening its Pacific Northwest presence and expanding its automotive service footprint into Washington state.
66. 0.5% NSR on Ferber Property (5/13/25)
Bronco Creek Exploration Inc. of Tucson, AZ, acquired 0.5% NSR on Ferber Property for $1M, strengthening its royalty portfolio and adding passive income from mineral extraction operations.
67. 21 Local Publications of National Trust for Local News (5/13/25)
Times Media Group of Tempe, AZ, acquired 21 Local Publications of National Trust for Local News, consolidating its community media footprint across multiple local markets.
68. BurnsBarton (5/13/25)
Fennemore Craig Dowling Aaron of Phoenix, AZ, acquired BurnsBarton, strengthening its legal services platform and expanding client capabilities across key practice areas.
69. Aetion, Inc. (5/15/25)
Datavant, Inc. of Phoenix, AZ, acquired Aetion, Inc. of New York, NY, strengthening its healthcare data analytics capabilities with advanced real-world evidence and outcomes research solutions.
70. Select Assets of Bonded Logic, Inc. (5/15/25)
Carlisle Companies Incorporated of Scottsdale, AZ, acquired Select Assets of Bonded Logic, Inc., strengthening its portfolio of sustainable building and construction materials.
71. Select Assets of Phoenix Fibers, LLC (5/15/25)
Carlisle Companies Incorporated of Scottsdale, AZ, acquired Select Assets of Phoenix Fibers, LLC, strengthening its fiber and composite materials capabilities.
72. Talage, Inc. (5/15/25)
Mission Underwriting Managers, LLC of Scottsdale, AZ, acquired Talage, Inc. of Reno, NV, strengthening its digital insurance technology capabilities and automated underwriting solutions.
73. Wastexperts, Inc. (5/19/25)
Ally Waste Services, LLC of Gilbert, AZ, acquired Wastexperts, Inc. of Reno, NV, strengthening its waste management operations across the Southwest region.
74. The Robert (5/20/25)
PEM Real Estate Group, LLC of Phoenix, AZ, acquired The Robert for $50M, expanding its commercial property portfolio in key metropolitan markets.
75. Fiber network assets of Conterra Networks (5/21/25)
Wyyerd Group LLC of Surprise, AZ, acquired Fiber network assets of Conterra Networks, expanding its telecommunications infrastructure capabilities and broadband service reach.
76. Fiber network assets of Ting Fiber (5/21/25)
Wyyerd Group LLC of Surprise, AZ, acquired fiber network assets of Ting Fiber, expanding its telecommunications infrastructure capabilities in the broadband services market.
77. Substantially all assets, properties and rights (5/23/25)
Ashton Thomas Private Wealth, LLC of Scottsdale, AZ, acquired substantially all assets, properties and rights of Sarasota, FL, consolidating its wealth management operations across key markets in Arizona and Florida.
78. C4 Fabrication LLC (5/27/25)
Horsepower Automotive Group, LLC of Mesa, AZ, acquired C4 Fabrication LLC of Sturgis, SD, strengthening its custom automotive fabrication and manufacturing capabilities.
79. Mission Bank (5/27/25)
Avenir Financial Federal Credit Union of Yuma, AZ, acquired Mission Bank of Kingman, AZ, expanding its commercial banking capabilities and geographic footprint in western Arizona.
80. Yume Japanese Gardens of Tucson (5/28/25)
Tucson Botanical Gardens, Inc. of Tucson, AZ, acquired Yume Japanese Gardens of Tucson of Tucson, AZ, consolidating specialized horticultural attractions and strengthening its position as the region's premier botanical destination.
81. Fausak Tires & Service (6/2/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Fausak Tires & Service of Mobile, AL, strengthening its Southeast market presence and expanding its tire and automotive service footprint across the Gulf Coast region.
82. FarmBox Direct Inc. (6/3/25)
Pyx Health, Inc. of Tucson, AZ, acquired FarmBox Direct Inc. of Boston, MA, expanding its health and wellness platform to include fresh food delivery services.
83. Pan-Am West (6/3/25)
Catalis Dental Lab Partners of Tempe, AZ, acquired Pan-Am West of Sandy, UT, strengthening its dental laboratory services network across the western United States.
84. Temco Air Environmental (6/5/25)
ResiXperts of Tucson, AZ, acquired Temco Air Environmental of Tucson, AZ, strengthening its HVAC and environmental services capabilities in the local market.
85. Pediatric Dental Associates of Salem, PC (6/9/25)
Salt Dental Collective, LLC of Phoenix, AZ, acquired Pediatric Dental Associates of Salem, PC of Salem, OR, expanding its pediatric dentistry services into the Pacific Northwest market.
86. Largest Franchisee Operation (6/11/25)
Re-Bath, LLC of Phoenix, AZ, acquired Largest Franchisee Operation, consolidating its bathroom remodeling franchise network and strengthening company-owned operations.
87. RecordXTechnologies, LLC (6/12/25)
Datavant, Inc. of Phoenix, AZ, acquired RecordXTechnologies, LLC of Houston, TX, strengthening its healthcare data connectivity platform and record management capabilities.
88. CW Advisors, LLC (6/17/25)
Osaic Inc. of Phoenix, AZ, acquired CW Advisors, LLC of Boston, MA, strengthening its wealth management platform and expanding its advisor network in the Northeast market.
89. Orion First Financial, LLC (6/18/25)
Concord Servicing LLC of Scottsdale, AZ, acquired Orion First Financial, LLC of Gig Harbor, WA, strengthening its financial services capabilities in the Pacific Northwest market.
90. Asset portfolio of Akhan Semiconductor, Inc. (6/20/25)
Diamond Technologies, Inc. of Phoenix, AZ, acquired Asset portfolio of Akhan Semiconductor, Inc., strengthening its semiconductor technology capabilities and intellectual property holdings.
91. Brigadier Security Systems (2000) Ltd. (6/20/25)
SKCAL LLC of Prescott, AZ, acquired Brigadier Security Systems (2000) Ltd. for $2.2M, strengthening its security technology and surveillance capabilities portfolio.
92. Maid Brigade Systems, Inc. (6/23/25)
Evive Brands, LLC of Scottsdale, AZ, acquired Maid Brigade Systems, Inc. of Atlanta, GA, expanding its portfolio of home service franchises and strengthening its presence in the residential cleaning market.
93. East Village District Plant (6/24/25)
Cordia LLC of Phoenix, AZ, acquired East Village District Plant, expanding its industrial and manufacturing capabilities in the urban district market.
94. Jet Renewal Kit LLC (6/26/25)
Eternum LLC of Scottsdale, AZ, acquired Jet Renewal Kit LLC of Scottsdale, AZ, strengthening its position in the aviation maintenance and parts supply market.
95. Gynecology Today, PLLC (7/1/25)
Arizona Gynecology Consultants of Phoenix, AZ, acquired Gynecology Today, PLLC of Phoenix, AZ, consolidating women's healthcare services within the local market.
96. Principle Diagnostics Laboratory (7/2/25)
Aqueous Health Holdings of Phoenix, AZ, acquired Principle Diagnostics Laboratory of Bethlehem, PA, expanding its diagnostic testing capabilities and geographic footprint in the Northeast market.
97. Rowlett Car Wash (7/2/25)
Raceway Car Wash of Phoenix, AZ, acquired Rowlett Car Wash of Rowlett, TX, expanding its car wash operations into the Dallas-Fort Worth metropolitan market.
98. Center for International Studies (7/7/25)
Cultural Experiences Abroad, Inc. of Phoenix, AZ, acquired Center for International Studies of Easthampton, MA, strengthening its educational program offerings and academic partnership capabilities in the international study abroad market.
99. Regional wholesale distributor and logistics platform located in the central Uni (7/8/25)
The Alkaline Water Company Inc. of Scottsdale, AZ, acquired Regional wholesale distributor and logistics platform located in the central Uni, strengthening its distribution capabilities and supply chain infrastructure in key regional markets.
100. Assets of Star Alliance International Corp. (7/10/25)
NOHO, Inc. of Phoenix, AZ, acquired assets of Star Alliance International Corp., strengthening its international business operations and strategic alliance capabilities.
101. Yelp Division from Phoenix Online Advertising (7/10/25)
Viirl, LLC of Scottsdale, AZ, acquired Yelp Division from Phoenix Online Advertising, strengthening its digital marketing capabilities and local business review management services.
102. American Homestar Corporation (7/14/25)
Cavco Industries, Inc. of Phoenix, AZ, acquired American Homestar Corporation of League City, TX for $190M, consolidating its position in the manufactured housing market and expanding its production capabilities in Texas.
103. Racing Equipment Sales (7/15/25)
Crown Concepts, LLC of Tucson, AZ, acquired Racing Equipment Sales, strengthening its position in the motorsports equipment and automotive performance parts market.
104. Galvanize Law Group, Llc (7/22/25)
Fennemore Craig Dowling Aaron of Phoenix, AZ, acquired Galvanize Law Group, Llc of Denver, CO, strengthening its legal services platform in the Colorado market.
105. Janusea, Inc. (7/22/25)
Cash Flow Management, LLC of Gilbert, AZ, acquired Janusea, Inc. of Tomball, TX, strengthening its financial services capabilities and expanding its presence in the Texas market.
106. Whitley Manufacturing Co., Inc. (7/22/25)
Sunbelt Modular, Inc. of Phoenix, AZ, acquired Whitley Manufacturing Co., Inc. of South Whitley, IN, strengthening its modular construction manufacturing capabilities and expanding its geographic footprint into the Midwest market.
107. CL Driving School, LLC (7/23/25)
Sonoran Desert Institute of Tempe, AZ, acquired CL Driving School, LLC of Indian Trail, NC, expanding its vocational education portfolio into driver training services.
108. Innovative Wealth Team (7/23/25)
Osaic Inc. of Phoenix, AZ, acquired Innovative Wealth Team of Nashville, TN, strengthening its financial advisory services platform in the Southeast market.
109. ExpanDrive LLC (7/24/25)
Action Verb LLC of Tempe, AZ, acquired ExpanDrive LLC of Tempe, AZ, consolidating cloud storage and file management capabilities within the local technology sector.
110. Barrett's Tire Co (7/28/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Barrett's Tire Co of Dover, TN, strengthening its tire and automotive service presence in the Southeast market.
111. Orchard Software Corporation (7/29/25)
Clinisys, Inc. of Tucson, AZ, acquired Orchard Software Corporation of Carmel, IN, strengthening its laboratory information management system capabilities in the healthcare technology sector.
112. Big Ben Express Car Wash, Located at 16490 Paramount Blvd in Paramount, CA (7/31/25)
LUV Car Wash of Gilbert, AZ, acquired Big Ben Express Car Wash, Located at 16490 Paramount Blvd in Paramount, CA, expanding its footprint into the greater Los Angeles market.
113. Bowman Financial Solutions,LLC (8/5/25)
Osaic Inc. of Phoenix, AZ, acquired Bowman Financial Solutions,LLC of Statesville, NC, strengthening its wealth management platform and advisor support capabilities in the Southeast.
114. Qypsys, LLC (8/5/25)
IES Communications, LLC of Tempe, AZ, acquired Qypsys, LLC of Tampa, FL, strengthening its technology infrastructure capabilities and expanding its geographic footprint in the Southeast market.
115. Certain Clinical Programs of MedZed, LLC (8/6/25)
Adobe Care and Wellness LLC of Phoenix, AZ, acquired Certain Clinical Programs of MedZed, LLC, expanding its healthcare service offerings and clinical capabilities.
116. Desert Platinum Properties, Llc Dba Platinum Living Realty (8/6/25)
Engel & Völkers Scottsdale of Scottsdale, AZ, acquired Desert Platinum Properties, Llc Dba Platinum Living Realty of Scottsdale, AZ, consolidating its luxury real estate market presence in the greater Phoenix metropolitan area.
117. Engineered Equipment Sales & Testing, Inc. (8/11/25)
MPSW HOLDINGS, INC. of Phoenix, AZ, acquired Engineered Equipment Sales & Testing, Inc. of Albuquerque, NM, strengthening its specialized equipment distribution and testing capabilities in the Southwest market.
118. Better Good, Inc. (8/12/25)
Virtuous Software, Inc. of Phoenix, AZ, acquired Better Good, Inc. of Newark, DE, strengthening its nonprofit technology solutions and donor management capabilities.
119. Huss Brewing Company, LLC (8/13/25)
PHX Beer Co of Phoenix, AZ, acquired Huss Brewing Company, LLC of Tempe, AZ, consolidating its presence in the Arizona craft beer market.
120. PURE Healthcare, LLC (8/13/25)
AleraCare Holdings, LLC of Phoenix, AZ, acquired PURE Healthcare, LLC of Taylorsville, UT, strengthening its healthcare services platform across the Mountain West region.
121. ESQ Business Services, LLC (8/19/25)
Cash Flow Management, LLC of Gilbert, AZ, acquired ESQ Business Services, LLC of Cupertino, CA, strengthening its professional services capabilities in the California market.
122. Mesa Outdoor, LLC (8/19/25)
Harkey Media of Phoenix, AZ, acquired Mesa Outdoor, LLC of San Francisco, CA, expanding its presence in the outdoor recreation marketing sector.
123. Optoro, Inc. (8/19/25)
Blue Yonder Group, Inc. of Scottsdale, AZ, acquired Optoro, Inc. of Washington, DC, strengthening its supply chain optimization platform with advanced returns management and reverse logistics capabilities.
124. Tommy's Express Car Wash, Inc. (8/19/25)
LUV Car Wash of Gilbert, AZ, acquired Tommy's Express Car Wash, Inc. of Bellflower, CA, expanding its automated car wash footprint into the Southern California market.
125. Shorturl.at (8/26/25)
NameSilo, LLC of Phoenix, AZ, acquired Shorturl.at, expanding its digital services portfolio with URL shortening and link management capabilities.
126. Advanced Packaging Specialties Inc. (8/27/25)
Foam Packaging Specialties, Llc of Tempe, AZ, acquired Advanced Packaging Specialties Inc. of Tempe, AZ, consolidating specialized packaging capabilities within the local market.
127. Alvarado Gold Mine (8/27/25)
NOHO, Inc. of Phoenix, AZ, acquired Alvarado Gold Mine, expanding its precious metals extraction operations and mineral resource portfolio.
128. Enclara Pharmacia, Inc. (8/29/25)
Dragonfly Health of Mesa, AZ, acquired Enclara Pharmacia, Inc. of Philadelphia, PA, strengthening its specialized pharmacy services and pharmaceutical care capabilities.
129. Silver Creek Ranch, Inc. (9/1/25)
Republic Services, Inc. of Phoenix, AZ, acquired Silver Creek Ranch, Inc. of Helena, MT, expanding its waste management operations into the Montana market.
130. Evernorth Care Group (9/2/25)
HonorHealth Foundation of Scottsdale, AZ, acquired Evernorth Care Group of Phoenix, AZ, strengthening its integrated healthcare delivery capabilities across the greater Phoenix market.
131. Gumas Advertising, LLC (9/2/25)
Commit Agency Strategic Market Solutions of Chandler, AZ, acquired Gumas Advertising, LLC of San Francisco, CA, strengthening its creative capabilities and expanding its presence in the competitive California advertising market.
132. K254CB-FX (9/2/25)
Advance Ministries, Inc. of Lake Havasu City, AZ, acquired K254CB-FX, expanding its Christian broadcasting capabilities and local radio ministry reach.
133. Revenue Cycle Management Services (9/3/25)
Sustainable Medical Billing, LLC of Phoenix, AZ, acquired Revenue Cycle Management Services, strengthening its healthcare billing operations and expanding service capabilities for medical providers.
134. 78-unit multifamily community in Central Phoenix (9/4/25)
Neighborhood Ventures, Inc. of Phoenix, AZ, acquired 78-unit multifamily community in Central Phoenix for $10.7M, consolidating its local rental property portfolio in the core metropolitan market.
135. Chain Bridge I (9/8/25)
CommLoan, Inc. of Scottsdale, AZ, acquired Chain Bridge I of Dover, DE, expanding its commercial lending capabilities and geographic reach into the Mid-Atlantic market.
136. Hindsman & Son, Inc. (9/8/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Hindsman & Son, Inc. of Russellville, AR, strengthening its tire and automotive service footprint in the Arkansas market.
137. Jackson Auto Worx (9/8/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Jackson Auto Worx of Winston-Salem, NC, expanding its automotive service footprint into the North Carolina market.
138. Green River Waste Inc. (9/9/25)
Republic Services, Inc. of Phoenix, AZ, acquired Green River Waste Inc. of Morgantown, KY, strengthening its waste collection and disposal operations in the Kentucky market.
139. WeDoTrash (9/9/25)
Ally Waste Services, LLC of Gilbert, AZ, acquired WeDoTrash of Houston, TX, expanding its waste management operations into the Texas market.
140. American Canyon Car Wash (9/15/25)
LUV Car Wash of Gilbert, AZ, acquired American Canyon Car Wash of American Canyon, CA, expanding its footprint into the Northern California market.
141. The Giftwrap Company (9/15/25)
Creative Brands of Phoenix, AZ, acquired The Giftwrap Company of Waukesha, GA, expanding its seasonal and gift packaging product portfolio.
142. Accelerate WAVE and Arc Systems of AST Revolution, LLC (9/16/25)
AST Revolution, LLC of Tucson, AZ, acquired Accelerate WAVE and Arc Systems of AST Revolution, LLC, consolidating its technology platforms and operational capabilities under unified ownership.
143. C.R. Gibson, LLC (9/16/25)
Creative Brands of Phoenix, AZ, acquired C.R. Gibson, LLC of Nashville, TN, strengthening its portfolio of lifestyle and gift product brands.
144. Tilson Technology Management, Inc. (9/18/25)
Clearplan, Inc. of Mesa, AZ, acquired Tilson Technology Management, Inc. of Portland, ME, strengthening its technology infrastructure and managed services capabilities.
145. Handy Plumbing Man, LLC. (9/22/25)
ResiXperts of Tucson, AZ, acquired Handy Plumbing Man, LLC. of San Carlos, CA, expanding its residential service capabilities into the Northern California market.
146. Park Cities Chrysler Dodge Jeep Ram (9/22/25)
Carvana Co. of Tempe, AZ, acquired Park Cities Chrysler Dodge Jeep Ram, expanding its automotive retail footprint into traditional dealership operations.
147. Invictus Apps, Inc. (9/23/25)
Axon Enterprise, Inc. of Scottsdale, AZ, acquired Invictus Apps, Inc. of New York, NY, strengthening its digital platform capabilities for law enforcement and public safety solutions.
148. La Cienega Car Wash, Inc. (9/23/25)
LUV Car Wash of Gilbert, AZ, acquired La Cienega Car Wash, Inc. of Los Angeles, CA, advancing its presence in the Southern California car wash market.
149. DigitalOwl, Inc. (9/25/25)
Datavant, Inc. of Phoenix, AZ, acquired DigitalOwl, Inc. of New York, NY, strengthening its healthcare data analytics capabilities through advanced AI-powered medical record processing technology.
150. CommerceHQ Inc. (9/26/25)
NameSilo, LLC of Phoenix, AZ, acquired CommerceHQ Inc., strengthening its e-commerce platform capabilities and expanding its suite of digital commerce solutions.
151. A drug manufacturing facility located in Phoenix, Arizona (9/29/25)
ROIS Phoenix Inc acquired a drug manufacturing facility located in Phoenix, Arizona, strengthening its pharmaceutical production capabilities in the Southwest market.
152. ACG Systems, Inc. (9/29/25)
Northrim Horizon L.P. of Mesa, AZ, acquired ACG Systems, Inc. of Annapolis, MD, bolstering its technology systems and software capabilities in the government contracting sector.
153. Iinsure, Inc. (9/30/25)
Farmer Woods Group of Phoenix, AZ, acquired Iinsure, Inc., strengthening its insurance technology and digital services capabilities.
154. Southland Mechanical (9/30/25)
Modigent, LLC of Phoenix, AZ, acquired Southland Mechanical of Humble, TX, strengthening its mechanical contracting capabilities in the Texas market.
155. HData, Inc. (10/1/25)
Phoenix Electronic Business Solutions LLC of Tempe, AZ, acquired HData, Inc. of Birmingham, AL, strengthening its data management and electronic business services capabilities.
156. Inspire11 LLC (10/1/25)
Insight Enterprises, Inc. of Chandler, AZ, acquired Inspire11 LLC of Chicago, IL, strengthening its digital transformation and cloud consulting capabilities.
157. Top Productions (10/1/25)
PRO EM National Event Services of Phoenix, AZ, acquired Top Productions of Richmond, CA, expanding its event production capabilities and West Coast market presence.
158. Brevard Rigging Supply Inc. (10/6/25)
Ascent Lifting, Inc. of Phoenix, AZ, acquired Brevard Rigging Supply Inc. of Cocoa, FL, expanding its rigging and lifting equipment distribution footprint into the Florida market.
159. Main Street Real Estate Advisors (10/9/25)
Unified Commercial Property Management of Scottsdale, AZ, acquired Main Street Real Estate Advisors of Scottsdale, AZ, consolidating local commercial real estate advisory and property management services.
160. Sol Group Marketing Company (10/10/25)
Martori Bros. Distributors of Scottsdale, AZ, acquired Sol Group Marketing Company of Pompano Beach, FL, expanding its distribution footprint into the Southeast market.
161. Garden State Medical Center Real Estate Portfolio (10/14/25)
Store Capital LLC of Scottsdale, AZ, acquired Garden State Medical Center Real Estate Portfolio, expanding its healthcare real estate holdings in the Northeast market.
162. Sun Air Jets, LLC (10/14/25)
FlyHouse Technology, LLC of Scottsdale, AZ, acquired Sun Air Jets, LLC of Camarillo, CA, strengthening its aviation services platform in the California market.
163. Sun Tech Air Conditioning Llc (10/14/25)
Fix it Frankie of Phoenix, AZ, acquired Sun Tech Air Conditioning Llc of Phoenix, AZ, strengthening its HVAC service capabilities in the local market.
164. Vannoy's Tires Inc (10/14/25)
Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Vannoy's Tires Inc of Pensacola, FL, expanding its tire and automotive service footprint into the Florida Gulf Coast market.
165. Fayette Air Conditioning & Sheet Metal, Inc. (10/16/25)
Ambient Edge Air Conditioning And Refrigeration, Inc. of Kingman, AZ, acquired Fayette Air Conditioning & Sheet Metal, Inc. of Lake Havasu City, AZ, consolidating its HVAC market presence across western Arizona.
166. 5 Car Wash locations of Whistle Express Car Wash. (10/21/25)
Mister Car Wash, Inc. of Tucson, AZ, acquired 5 Car Wash locations of Whistle Express Car Wash, consolidating its position in the express car wash market through strategic location expansion.
167. Maguire Equipment Inc. (10/21/25)
Compactor Rentals of America, LLC of Phoenix, AZ, acquired Maguire Equipment Inc. of Hyde Park, MA, strengthening its equipment rental operations and expanding its geographic footprint into the Northeast market.
168. Upland Distribution Portfolio and Denver BusinessCenter (10/21/25)
Harrison Properties, LLC of Phoenix, AZ, acquired Upland Distribution Portfolio and Denver BusinessCenter, expanding its commercial real estate footprint into Colorado's industrial and business center markets.
169. Gallagher Financial Services, Inc. (10/28/25)
Osaic Inc. of Phoenix, AZ, acquired Gallagher Financial Services, Inc. of North Saint Paul, MN, strengthening its independent financial advisor network and expanding its presence in the upper Midwest market.
170. Waste Equipment Rentals & Sales, LLC (10/28/25)
Compactor Rentals of America, LLC of Phoenix, AZ, acquired Waste Equipment Rentals & Sales, LLC of College Station, TX, expanding its waste management equipment rental footprint into the Texas market.
171. Four Pillars Investment Management, LLC (10/30/25)
Osaic Inc. of Phoenix, AZ, acquired Four Pillars Investment Management, LLC of Cape Coral, FL, strengthening its wealth management platform and expanding its network of affiliated advisory practices.
172. IF Bancorp, Inc. (10/30/25)
ServBanc Holdco, Inc. of Phoenix, AZ, acquired IF Bancorp, Inc. of Watseka, IL for $91M, strengthening its Midwest banking presence and community financial services footprint.
173. Infinite Athlete, Inc. (10/30/25)
Exos Works, LLC of Phoenix, AZ, acquired Infinite Athlete, Inc. of Covina, CA, strengthening its sports performance technology and athlete development capabilities.
174. Hoisting Wire Rope & Sling (10/31/25)
Ascent Lifting, Inc. of Phoenix, AZ, acquired Hoisting Wire Rope & Sling of Corpus Christi, TX, strengthening its rigging and wire rope capabilities in the Texas Gulf Coast market.
175. Equity Valuation Partners, Inc. (11/1/25)
Opteon USA of Scottsdale, AZ, acquired Equity Valuation Partners, Inc. of Fairhope, AL, strengthening its valuation services capabilities in the southeastern market.
176. office building in midtown Phoenix (11/5/25)
Cotterkey Investments Ltd. of Maricopa, AZ, acquired office building in midtown Phoenix for $15M, expanding its commercial real estate portfolio in the Phoenix metropolitan market.
177. Pacific Lawn Sprinklers Inc. (11/6/25)
Evive Brands, LLC of Scottsdale, AZ, acquired Pacific Lawn Sprinklers Inc. of College Point, NY, expanding its portfolio into the Northeast irrigation and landscaping services market.
178. 1st Choice Pediatric Home Care (11/10/25)
Team Select Home Care of Phoenix, AZ, acquired 1st Choice Pediatric Home Care, expanding its specialized healthcare services into the pediatric market segment.
179. Connect Atlantic Utility Services Corporation (11/11/25)
Centuri Holdings, Inc. of Phoenix, AZ, acquired Connect Atlantic Utility Services Corporation for $57M, expanding its utility infrastructure services footprint along the Atlantic coast.
180. Assets of 20 Waxxpot salons (11/13/25)
Hello Sugar of Mesa, AZ, acquired assets of 20 Waxxpot salons, consolidating its position in the waxing and beauty services market through significant multi-location expansion.
181. Morning Download (11/19/25)
Hyperion Financial Group LLC of Scottsdale, AZ, acquired Morning Download, strengthening its media and information services capabilities within the financial sector.
182. San Diego Chrysler Dodge Jeep Ram dealership (11/19/25)
Carvana Operations Hc LLC of Tempe, AZ, acquired San Diego Chrysler Dodge Jeep Ram dealership, expanding its physical retail presence in the Southern California automotive market.
183. The Compuflex Corporation (11/25/25)
Cash Flow Management, LLC of Gilbert, AZ, acquired The Compuflex Corporation of Springfield, NJ, strengthening its technology infrastructure and data management capabilities.
184. Schmoyer Reinhard, LLP (12/1/25)
Fennemore Law of Phoenix, AZ, acquired Schmoyer Reinhard, LLP, bolstering its legal services capabilities and expanding its regional market presence.
185. Applicant Starter, LLC (12/2/25)
ATS Mako, LLC of Phoenix, AZ, acquired Applicant Starter, LLC of Atlanta, GA, strengthening its talent acquisition and recruitment technology capabilities.
186. Cruisers Car Wash (12/2/25)
LUV Car Wash of Gilbert, AZ, acquired Cruisers Car Wash of Northridge, CA, advancing its market presence in the competitive Southern California car wash sector.
187. Kirby Nelson Orthodontics (12/2/25)
Salt Dental Collective, LLC of Phoenix, AZ, acquired Kirby Nelson Orthodontics of Maple Valley, WA, expanding its specialized orthodontic services into the Pacific Northwest market.
188. Shine Development, LLC (12/2/25)
Evive Brands, LLC of Scottsdale, AZ, acquired Shine Development, LLC of Grandville, MI, strengthening its development capabilities and expanding its operational footprint in the Michigan market.
189. Argos Corporation (12/5/25)
Molded Devices, Inc. of Tempe, AZ, acquired Argos Corporation of Taunton, MA, strengthening its manufacturing capabilities and expanding its geographic footprint into the Northeast market.
190. Cowell James Forge Insurance Group, LLC (12/7/25)
Scali Insurance Group, LLC of Scottsdale, AZ, acquired Cowell James Forge Insurance Group, LLC of Kansas City, MO, strengthening its Midwest market presence and broadening its regional insurance services footprint.
191. Cardiovascular Consultants, Ltd. (12/8/25)
Atria Heart, PLLC of Scottsdale, AZ, acquired Cardiovascular Consultants, Ltd. of Phoenix, AZ, consolidating cardiovascular care services across the greater Phoenix metropolitan area.
192. Little Giant Mine (12/9/25)
Lelantos Holdings, Inc. of Tucson, AZ, acquired Little Giant Mine for $0.1275M, advancing its mineral extraction operations and mining asset portfolio.
193. Fleetdrive 360, Inc. (12/10/25)
PrePass Safety Alliance of Phoenix, AZ, acquired Fleetdrive 360, Inc. of Atlanta, GA, strengthening its comprehensive fleet management and transportation safety technology platform.
194. Mushroom Madness, Inc. (12/10/25)
FBC Holding, Inc. of Chandler, AZ, acquired Mushroom Madness, Inc. of Portland, OR, strengthening its specialty food and agricultural product portfolio in the Pacific Northwest market.
195. Itegria, LLC (12/16/25)
MC Group, Inc. of Phoenix, AZ, acquired Itegria, LLC of Northbrook, IL, strengthening its technology consulting and digital transformation capabilities.
196. Prosper Energy LLC (12/17/25)
The Awareness Group Inc of Scottsdale, AZ, acquired Prosper Energy LLC, expanding its presence in the energy sector and strengthening its portfolio of sustainable business solutions.
197. Milwaukee headquarters (12/18/25)
Fundamental Income Properties, LLC of Phoenix, AZ, acquired Milwaukee headquarters for $11.35M, expanding its commercial real estate portfolio into the Midwest market.
198. Champion Car Wash (12/19/25)
LUV Car Wash of Gilbert, AZ, acquired Champion Car Wash of Los Angeles, CA, positioning the company for growth in the lucrative Southern California car wash market.
199. Conquistador Pest & Termite, Inc (12/19/25)
Blue Sky Pest Control of Gilbert, AZ, acquired Conquistador Pest & Termite, Inc of Tucson, AZ, expanding its pest control services throughout Arizona and strengthening its termite treatment capabilities.
200. Stabilized Multi-Tenant Office Building in Mesa, Arizona (12/22/25)
ViaWest Properties, LLC of Phoenix, AZ, acquired Stabilized Multi-Tenant Office Building in Mesa, Arizona, expanding its commercial real estate portfolio within the greater Phoenix metropolitan market.
201. Growella Inc (12/24/25)
Opendoor Technologies Inc. of Tempe, AZ, acquired Growella Inc of Cincinnati, OH, strengthening its real estate technology platform and expanding its market reach in the Midwest.
202. DoubleTree hotel located at 10220 North Metro Parkway East, Phoenix, Arizona (12/29/25)
Metro Hotel LLC of Paradise Valley, AZ, acquired DoubleTree hotel located at 10220 North Metro Parkway East, Phoenix, Arizona of Phoenix, AZ, consolidating its hospitality footprint in the greater Phoenix metropolitan market.
203. Fiber Gaming, LLC (12/29/25)
FGN Inc of Phoenix, AZ, acquired Fiber Gaming, LLC of Columbia, SC, strengthening its position in the fiber-optic gaming and entertainment technology sector.
M&A Segmentation — Glossary:
M&A – Whole: The acquisition of 100% ownership of a target company, giving the buyer full control.
M&A – Asset: The purchase of specific assets, such as mineral rights or property, without acquiring the entire company.
M&A – Minority: The acquisition of a non-controlling stake, typically under 50%.
M&A – Spinoff or Splitoff: The divestiture of a business unit into a separate entity or distribution of subsidiary shares to shareholders.
Deal Terms — Glossary:
Transaction Value: Represents the total consideration paid for a transaction, including net debt only if assumed, capturing the full financial scope of the deal.
Deal Value: Focuses solely on the consideration paid for the equity acquired, excluding net debt, to reflect the cost of ownership.
Implied Enterprise Value: Provides a standardized measure of the target’s total entity value, incorporating 100% of the enterprise including net debt, for consistent comparison with metrics like LTM EBITDA and Revenue.
Implied Equity Value: Isolates the equity portion, representing 100% of the target’s equity value, enabling a clear equity-to-equity comparison across transactions.
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