Q1 2026 | 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.
Targets in Arizona
Arizona — Business Sale Overview
In Q1 2026, Arizona-based target companies recorded 51 M&A transactions totaling approximately $964 million in disclosed value—up from 45 deals in Q1 2025 and a continuation of the elevated inbound activity that defined 2025. The quarter's defining feature was the concentration of capital: sponsor-backed acquirors made up roughly a third of deal count (17 of 51) but nearly all of the disclosed value (~96%, or $921 million), a market in which well-capitalized financial buyers underwrote the largest platforms while strategics consolidated the middle market. Consumer services led on value, industrials and financials led on volume, and copper and critical-minerals activity remained a persistent undercurrent—reinforcing Arizona's position as a durable seller market for scaled consumer platforms, differentiated technology, mission-critical services, and long-life resource optionality.
The quarter's value was anchored by Leonard Green & Partners' $798 million take-private of Tucson-based Mister Car Wash, which alone accounted for the bulk of disclosed value. In technology and aerospace, Ondas' $123 million acquisition of Tucson-based World View Enterprises and Rocket Lab's purchase of Tucson-based Optical Support extended national-security and space-systems supply chains into Arizona's advanced optics base, while the $13 million sale of the Holiday Inn Phoenix–Chandler reflected continued interest in hospitality real estate. Copper and critical minerals again drew steady, strategically motivated capital—including Triple Flag's $23 million Gunnison royalty, IGO's $4 million Copper Wolf acquisition, and Faraday Copper's purchase of the San Manuel property—pointing to sustained conviction in Arizona's long-life resource optionality.
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. Employee Benefits International, Inc. (1/1/2026)
OneDigital Borrower LLC of Atlanta, GA, acquired Employee Benefits International, Inc. of Phoenix, AZ, strengthening its employee benefits consulting platform with enhanced market presence in the Southwest.
2. Capital Insight Partners, LLC (1/6/2026)
EP Wealth Advisors, LLC of Torrance, CA, acquired Capital Insight Partners, LLC of Scottsdale, AZ, strengthening its wealth management platform in the Arizona market.
3. Micro-Tronics, Inc. (1/6/2026)
Arxis, Inc. of Bloomfield, CT, acquired Micro-Tronics, Inc. of Tempe, AZ, strengthening its electronic components and precision manufacturing capabilities.
4. CRS Temporary Housing, Inc. (1/7/2026)
Ridgemont Partners Management, LLC of Charlotte, NC, acquired CRS Temporary Housing, Inc. of Phoenix, AZ, positioning the firm in the growing corporate housing and extended-stay accommodation market.
5. Hot Breccia project (1/9/2026)
Prismo Metals Inc. acquired Hot Breccia project for $0M, expanding its mineral exploration portfolio and strengthening its position in precious metals development.
6. RE/MAX Professionals (1/9/2026)
RE/MAX Fine Properties of Scottsdale, AZ, acquired RE/MAX Professionals of Glendale, AZ, consolidating its market presence across the greater Phoenix metropolitan area.
7. Keet, Inc. (1/13/2026)
Net Health Systems, Inc. of Pittsburgh, PA, acquired Keet, Inc. of Phoenix, AZ, advancing its healthcare technology platform with enhanced patient engagement and care coordination capabilities.
8. Earth Savers Energy Services, Inc. (1/14/2026)
Energy Management Collaborative, LLC of Plymouth, MN, acquired Earth Savers Energy Services, Inc. of Chino, AZ, strengthening its portfolio of sustainable energy solutions and expanding its geographic footprint in the southwestern United States.
9. The Raymond Company Pension Services, LLC (1/14/2026)
Prime Pensions, Inc. of Florham Park, NJ, acquired The Raymond Company Pension Services, LLC of Mesa, AZ, strengthening its retirement plan administration capabilities and expanding its geographic footprint into the Southwest market.
10. Xcel Delivery Services (1/14/2026)
RD Last Mile Holdings, LLC of Thonotosassa, FL, acquired Xcel Delivery Services of Tucson, AZ, expanding its last-mile logistics footprint into the Southwest market.
11. Ally Pediatric Therapy (1/15/2026)
ACES 2020, LLC of San Diego, CA, acquired Ally Pediatric Therapy of Paradise Valley, AZ, expanding its specialized healthcare services portfolio into the pediatric therapy market.
12. PrimeOne Insurance Company (1/15/2026)
Gryphon Holdings acquired PrimeOne Insurance Company of Scottsdale, AZ, reinforcing its presence in the Southwest insurance market.
13. Level 3 Audio Visual, LLC (1/19/2026)
Online Instruments (India) Private Limited acquired Level 3 Audio Visual, LLC of Mesa, AZ, expanding its audio-visual technology capabilities in the North American market.
14. 325,334 SF Industrial Manufacturing Facility in Casa Grande (1/20/2026)
SkyREM, LLC of New York, NY, acquired 325,334 SF Industrial Manufacturing Facility in Casa Grande, consolidating its southwestern manufacturing footprint with significant production capacity.
15. 21st Century HealthCare, Inc (1/21/2026)
Grant Avenue Capital, LLC of New York, NY, acquired 21st Century HealthCare, Inc of Tempe, AZ, strengthening its healthcare services portfolio in the southwestern market.
16. Ironwood Dental Inc. (1/23/2026)
Park Dental Partners, Inc. of Roseville, MN, acquired Ironwood Dental Inc. of Tucson, AZ, expanding its dental practice network into the Arizona market.
17. Veevx, Inc. (1/29/2026)
Ainekko, Co. of San Francisco, CA, acquired Veevx, Inc. of Maricopa, AZ, consolidating its technology capabilities in the Arizona market.
18. American Refrigeration Supplies, Inc. (1/30/2026)
Hajoca Corporation of Ardmore, PA, acquired American Refrigeration Supplies, Inc. of Phoenix, AZ, strengthening its HVAC distribution capabilities in the Southwest market.
19. Benchmark Insurance Group LLC (1/31/2026)
Inszone Insurance Services, Inc of Rancho Cordova, CA, acquired Benchmark Insurance Group LLC, consolidating its position in the independent insurance brokerage market.
20. E-Therapy Intermediate, Inc. (2/2/2026)
Edustaff, LLC of Grand Rapids, MI, acquired E-Therapy Intermediate, Inc. of Flagstaff, AZ, expanding its healthcare staffing capabilities into the specialized therapy services sector.
21. FSI Engineering and Design Inc. (2/2/2026)
Sedgman Limited acquired FSI Engineering and Design Inc. of Mesa, AZ, strengthening its engineering capabilities and expanding its North American design services footprint.
22. Risk Solutions International LLC (2/3/2026)
Great American Holdings, LLC of Westlake Village, CA, acquired Risk Solutions International LLC of Scottsdale, AZ, strengthening its risk management and consulting capabilities.
23. Rovin Capital LLC (2/3/2026)
CW Advisors, LLC of Boston, MA, acquired Rovin Capital LLC of Mesa, AZ, strengthening its investment management capabilities and expanding its presence in the Southwest market.
24. Columbia and Gold Queen Mine (2/5/2026)
Silver Bullet Mines Corp. acquired Columbia and Gold Queen Mine, expanding its precious metals mining operations and production capabilities.
25. Tucker Hill Air, Plumbing, & Electrical (2/5/2026)
Chill Brothers, LLC of Spring, TX, acquired Tucker Hill Air, Plumbing, & Electrical of Tempe, AZ, expanding its HVAC and home services footprint into the Arizona market.
26. Undisclosed Insurance Agency (2/15/2026)
Inszone Insurance Services, Inc of Rancho Cordova, CA, acquired Undisclosed Insurance Agency, reinforcing its position as a leading regional insurance services provider.
27. Terratech Environmental Equipment & Supplies (2/17/2026)
Pine Environmental Services LLC of Windsor, NJ, acquired Terratech Environmental Equipment & Supplies of Tempe, AZ, expanding its environmental equipment and supplies capabilities across the southwestern market.
28. Mister Car Wash, Inc. (2/18/2026)
Leonard Green & Partners, L.P. acquired Mister Car Wash, Inc. of Tucson, AZ for $798M, consolidating its position in the fragmented automotive car wash services industry.
29. TalkCycle LLC (2/18/2026)
Tribe Prospecting LLC of Knoxville, TN, acquired TalkCycle LLC of Phoenix, AZ, strengthening its sales development and lead generation capabilities.
30. Dynamic Application Services, Inc. (2/20/2026)
InMotion Global, Inc. of Brandon, FL, acquired Dynamic Application Services, Inc., strengthening its software development and IT services capabilities.
31. OMCO Solar, LLC (2/20/2026)
MacLean-Fogg Company of Mundelein, IL, acquired OMCO Solar, LLC of Phoenix, AZ, expanding into the renewable energy sector with solar mounting and tracking system capabilities.
32. San Manuel Property (2/20/2026)
Faraday Copper Corp. acquired San Manuel Property, consolidating its copper mining assets and expanding its resource base in the strategic minerals sector.
33. Optical Support, Inc. (2/26/2026)
Rocket Lab Corporation of Long Beach, CA, acquired Optical Support, Inc. of Tucson, AZ, strengthening its space systems capabilities with advanced optical and photonic technologies for satellite and launch vehicle applications.
34. Thompson Wealth Management LLC (2/26/2026)
EP Wealth Advisors, LLC of Torrance, CA, acquired Thompson Wealth Management LLC of Phoenix, AZ, expanding its wealth management presence in the Arizona market.
35. Holiday Inn Phoenix - Chandler (2/27/2026)
Undisclosed Buyer acquired Holiday Inn Phoenix - Chandler of Chandler, AZ for $13M, adding a strategically located hospitality asset in the growing Phoenix metropolitan market.
36. GSRx, Inc. (3/5/2026)
IDOC, LLC of Norwalk, CT, acquired GSRx, Inc. of Scottsdale, AZ, strengthening its pharmaceutical services capabilities and expanding its healthcare technology platform.
37. Pinnacle Peak Private Client Group, LLC (3/5/2026)
Ashton Thomas Private Wealth, LLC of Scottsdale, AZ, acquired Pinnacle Peak Private Client Group, LLC of Scottsdale, AZ, consolidating local wealth management capabilities and strengthening its high-net-worth client advisory platform.
38. Dealers Auto Auction Of The Southwest LLC (3/9/2026)
American Auto Auction Group, LLC of Carmel, IN, acquired Dealers Auto Auction Of The Southwest LLC of Phoenix, AZ, expanding its wholesale vehicle auction footprint into the Southwest market.
39. Additional Claims (3/10/2026)
Liberty Star Uranium & Metals Corp. of Tucson, AZ, acquired Additional Claims, consolidating its mineral rights portfolio and strengthening its position in the uranium exploration sector.
40. Valley Event Lighting (3/10/2026)
Captivate Event Rentals of Tempe, AZ, acquired Valley Event Lighting of Mesa, AZ, expanding its event production capabilities with specialized lighting services.
41. KODD (3/11/2026)
Advance Ministries, Inc. of Lake Havasu City, AZ, acquired KODD for $0M, expanding its media outreach capabilities through radio broadcasting services.
42. Chichester Financial Group Llc (3/16/2026)
Maridea Wealth Management LLC of Brooklyn, NY, acquired Chichester Financial Group Llc of Phoenix, AZ, expanding its wealth management presence into the Arizona market.
43. Valleywide Generator Service, LLC (3/17/2026)
GenServe Inc. of Plainview, NY, acquired Valleywide Generator Service, LLC of Mesa, AZ, expanding its generator service capabilities into the Arizona market.
44. CSI Technologies, Inc. (3/18/2026)
I-Pulse Inc. of Wilmington, DE, acquired CSI Technologies, Inc. of Vista, AZ, strengthening its technology capabilities and expanding its presence in the Southwest market.
45. Arcane Security (3/19/2026)
Tacticly, Inc. of Chicago, IL, acquired Arcane Security of Phoenix, AZ, strengthening its cybersecurity capabilities and expanding its threat detection portfolio.
46. Arizona Strip Project (3/19/2026)
Nexus Uranium Corp. acquired Arizona Strip Project for $2M, expanding its uranium exploration portfolio in the southwestern United States.
47. World View Enterprises, Inc. (3/23/2026)
Ondas Inc. of West Palm Beach, FL, acquired World View Enterprises, Inc. of Tucson, AZ for $123M, advancing its position in high-altitude platform and stratospheric technology solutions.
48. CPGmatters, LLC (3/25/2026)
CPG Planet Inc. acquired CPGmatters, LLC of Tucson, AZ, strengthening its consumer packaged goods industry expertise and market intelligence capabilities.
49. 3% GOR royalty on Gunnison Project (3/30/2026)
Triple Flag Precious Metals Corp. acquired 3% GOR royalty on Gunnison Project for $23M, expanding its precious metals royalty portfolio with exposure to copper-gold mining operations.
50. Copper Wolf Project (3/30/2026)
IGO US Project LLC acquired Copper Wolf Project for $4M, expanding its copper mining portfolio and strengthening its position in the critical minerals sector.
51. Bio Shield Tech LLC (3/31/2026)
Undisclosed Buyer acquired Bio Shield Tech LLC of Bunnell, AZ, strengthening its portfolio of protective technology and biosafety solutions.
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 Q1 2026, Arizona-headquartered acquirors completed 67 outbound transactions totaling approximately $811 million in disclosed value—a robust quarter that annualizes well above the roughly 51-per-quarter pace implied by 2025's 203 buy-side deals. The defining characteristic was disciplined, programmatic consolidation: a core of in-state platforms executed multi-target roll-ups within single verticals, led by Phoenix-based Salt Dental Collective (five dental, orthodontic, and oral-surgery practices from Oregon to Virginia) and Tucson-based Sun Auto Tire & Service (five automotive-service acquisitions across the Southeast plus 23 Colorado and Arizona locations from DAS Drive Automotive). Similar bolt-on strategies played out in fiber and telecom (Mereo 89 / Mereo Fiber), wealth management (Osaic), private aviation (FlyHouse Technology), and engineering (NCS Engineers), underscoring the extent to which Arizona buyers are building density in fragmented, service-oriented markets rather than chasing one-off scale.
Value, by contrast, was concentrated in a smaller set of larger checks. Cable One's $495 million acquisition of a 55% stake in Kansas-based Mega Broadband Investments was the quarter's largest deal, while net-lease and multifamily real estate operators deployed the next tier of disclosed capital—Store Capital's $103 million Washington, D.C. office acquisition, The Wolff Company's $102.8 million purchase of a 336-unit Colorado community, and Wentworth Property Company's $26.7 million Phoenix office campus among them. Public strategics were also active on targeted bolt-ons, including Crexendo ($34 million for Estech Systems), Dutch Bros, Carvana, Gen Digital, and Opendoor, alongside a notable defense and space cluster out of Tucson (Phantom Space's purchase of Vector Launch assets and Anduril's acquisition of ExoAnalytic Solutions). With targets spanning more than a dozen states and reaching into Canada, the quarter reinforced Arizona's growing role not merely as a seller market but as a base for disciplined, national platform builders and capital allocators.
Arizona M&A Deal Summaries — Business Sale Activity for M&A Buyers
Mega Broadband Investments LLC (1/5/2026) Cable One, Inc. of Phoenix, AZ, acquired a 55% stake in Mega Broadband Investments LLC of Durant, KS, for $495M, expanding its broadband and cable connectivity footprint across underserved markets.
San Diego Blood Bank (1/8/2026) Vitalant of Scottsdale, AZ, acquired San Diego Blood Bank of San Diego, CA, extending its national blood-services network and donor base into Southern California.
RE/MAX Professionals (1/9/2026) RE/MAX Fine Properties of Scottsdale, AZ, acquired RE/MAX Professionals of Glendale, AZ, consolidating its residential brokerage presence across the greater Phoenix metropolitan area.
Bon Voyage Travel, Inc. (1/12/2026) Arrivia, Inc. of Scottsdale, AZ, acquired Bon Voyage Travel, Inc. of Tucson, AZ, expanding its advisor-led luxury travel and loyalty platform.
Clutch Coffee, LLC (1/14/2026) Dutch Bros Inc. of Tempe, AZ, acquired Clutch Coffee, LLC of Mooresville, NC, extending its drive-thru coffee footprint into the Southeast.
World Of Smiles Pediatric Dentistry, LLC (1/14/2026) Salt Dental Collective, LLC of Phoenix, AZ, acquired World Of Smiles Pediatric Dentistry, LLC of Portland, OR, expanding its pediatric dental network into the Pacific Northwest.
Great American Food Chain, Inc. (1/16/2026) Green Matter BioTech, Inc. of Mesa, AZ, acquired Great American Food Chain, Inc. of Dallas, TX, broadening its food and consumer-brands holdings.
JTB Rentals LLC (1/17/2026) Sunstate Equipment Co., LLC of Phoenix, AZ, acquired JTB Rentals LLC of Calhoun, LA, expanding its construction equipment rental footprint into the Gulf South.
IP Triple-Play Services Business of Allied Telesis Capital Corp. (1/19/2026) Warrior Communications, Inc. of Maricopa, AZ, acquired the IP Triple-Play Services Business of Allied Telesis Capital Corp., strengthening its IP and triple-play communications capabilities.
Distro, LLC (1/21/2026) Vensure HR, Inc. of Chandler, AZ, acquired Distro, LLC of Lehi, UT, expanding its HR outsourcing and PEO platform.
Absolute Ink Promotional Products (1/22/2026) IdentiBrands of Phoenix, AZ, acquired Absolute Ink Promotional Products of Phoenix, AZ, consolidating branded and promotional products capabilities in metro Phoenix.
Gingerbread Preschool (1/27/2026) Small Miracles Education of Tucson, AZ, acquired Gingerbread Preschool of Saint Petersburg, FL, expanding its early childhood education footprint into Florida.
Mac's Tire Center, Inc. (1/27/2026) Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Mac's Tire Center, Inc. of Tupelo, MS, building automotive service density in the Southeast.
Holbrook Asphalt, LLC & Integrated Pavement Solutions, LLC (1/28/2026) Pavement Preservation Group, Inc. of Tolleson, AZ, acquired Holbrook Asphalt, LLC and Integrated Pavement Solutions, LLC, expanding its pavement preservation and infrastructure services.
Data Stream Incorporated (2/1/2026) Mereo 89, LLC of Phoenix, AZ, acquired Data Stream Incorporated of Rogers, MN, extending its fiber and data-infrastructure platform into the Upper Midwest.
Julia Cerny, DMD, PLLC (2/1/2026) Salt Dental Collective, LLC of Phoenix, AZ, acquired Julia Cerny, DMD, PLLC of Latham, NY, expanding its dental network into the Northeast.
Liberty Tire & Auto (2/2/2026) Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Liberty Tire & Auto of Liberty, NC, deepening automotive service density in the Carolinas.
Christie Broadcast and Professional Video Business (2/3/2026) Vista PHX, Corp. of Phoenix, AZ, acquired the Christie Broadcast and Professional Video Business, adding the Spyder, Terra, Phoenix, and Mastering Gateway product lines and related IP to its video-technology portfolio.
Office property at 8000 Jones Branch Drive (2/4/2026) Store Capital LLC of Scottsdale, AZ, acquired a 244,466-square-foot office property at 8000 Jones Branch Drive in the Washington, D.C. metro for $103M, adding a scaled net-lease asset to its portfolio.
WorthPoint Corporation (2/4/2026) Waverock Software, Inc. of Scottsdale, AZ, acquired WorthPoint Corporation of Atlanta, GA, expanding its software and data-services platform.
Midtown Advisors, LLC (2/5/2026) Osaic, Inc. of Phoenix, AZ, acquired Midtown Advisors, LLC of Raleigh, NC, adding advisory assets to its national wealth-management network.
Sun Glass, LLC (2/5/2026) True View Windows and Glass Block, Inc. of Phoenix, AZ, acquired Sun Glass, LLC of Farmington, NM, expanding its glass and window services across the Four Corners region.
Hampton Oral & Facial Surgery, PC (2/9/2026) Salt Dental Collective, LLC of Phoenix, AZ, acquired Hampton Oral & Facial Surgery, PC of Hampton, VA, building specialty dental density in the Mid-Atlantic.
Option One Plumbing Inc. (2/10/2026) ResiXperts of Tucson, AZ, acquired Option One Plumbing Inc. of Rancho Cucamonga, CA, expanding its residential plumbing and home-services footprint across Arizona and California.
Aloft Technologies, Inc. (2/12/2026) Versaterm Public Safety US, Inc. of Mesa, AZ, acquired a 35.3% stake in Aloft Technologies, Inc. of Silver Spring, MD, for $2.9M, strengthening its public-safety and drone airspace-management technology.
Jetsmith Aviation (2/12/2026) FlyHouse Technology, LLC of Scottsdale, AZ, acquired Jetsmith Aviation of Hawthorne, CA, expanding its private aviation and charter-brokerage platform.
Notch66 in Longmont (2/16/2026) The Wolff Company LLC of Scottsdale, AZ, acquired Notch66, a 336-unit multifamily community in Longmont, CO, for $102.8M, adding a scaled residential asset to its portfolio.
55 MW Power Generation Facility & Data-Center-Ready Warehouse (2/17/2026) 1606 Corp. of Phoenix, AZ, acquired a 55 MW power generation facility and a 50,000-square-foot data-center-ready, climate-controlled warehouse for $11.67M, advancing its power and data-center infrastructure strategy.
Bay City Tire & Wheel (2/17/2026) Sun Auto Tire & Service Inc. of Tucson, AZ, acquired Bay City Tire & Wheel of Mobile, AL, expanding automotive service density in the Gulf South.
Three Locations of Black's Tire Service, Inc. (2/17/2026) Sun Auto Tire & Service Inc. of Tucson, AZ, acquired three locations of Black's Tire Service, Inc., adding retail tire and service points in the Southeast.
Moser Community Media, LLC (2/18/2026) Times Media Group of Tempe, AZ, acquired Moser Community Media, LLC of Brenham, TX, expanding its community media and publishing footprint into Texas.
LightPoint Engineering, LLC (2/19/2026) NCS Engineers, LLC of Phoenix, AZ, acquired LightPoint Engineering, LLC of Willis, TX, expanding its engineering services into the Texas market.
Spear Point Engineering, LLC (2/19/2026) NCS Engineers, LLC of Phoenix, AZ, acquired Spear Point Engineering, LLC of Willis, TX, adding engineering capacity in Texas.
invisionAZ (2/20/2026) Silicon Oasis Initiative Inc. of Phoenix, AZ, acquired invisionAZ of Phoenix, AZ, consolidating technology operations under the Silicon Oasis Initiative in metro Phoenix.
Mediacentric Integration, LLC (2/24/2026) Collabtech Group, LLC of Mesa, AZ, acquired Mediacentric Integration, LLC of Carson, CA, expanding its audiovisual integration capabilities into California.
Vector Launch Inc. (assets and IP) (2/26/2026) Phantom Space Corporation of Tucson, AZ, acquired key assets and intellectual property of Vector Launch Inc., advancing its launch-vehicle and space-systems capabilities.
Mestel & Company Inc. (2/26/2026) Elevate Services, Inc. of Phoenix, AZ, acquired Mestel & Company Inc. of Chicago, IL, expanding its legal-services and talent-solutions platform.
Canadian Food Safety Group and SafeCheck (2/27/2026) 360training.com, Inc. of Tempe, AZ, acquired the assets of the Canadian Food Safety Group and the SafeCheck Learning and SafeCheck Safety brands, expanding its food-safety training and compliance offering into Canada.
Dedicated Use Asset in Northbrook, Illinois (2/28/2026) Orion Properties Inc. of Phoenix, AZ, acquired a 75,000-square-foot dedicated-use asset in Northbrook, IL, for $15M, adding a net-lease property to its portfolio.
Estech Systems, LLC (3/1/2026) Crexendo, Inc. of Tempe, AZ, acquired Estech Systems, LLC of Plano, TX, for $34.1M, expanding its cloud-communications platform toward a $100M annual revenue run-rate.
Eventa LLC (3/2/2026) Adobe Care and Wellness LLC of Phoenix, AZ, acquired Eventa LLC, expanding its care-management and telehealth capabilities.
Finley Technologies, Inc. (3/2/2026) Concord Servicing LLC of Scottsdale, AZ, acquired Finley Technologies, Inc. of San Francisco, CA, adding capital-markets and fintech automation capabilities.
Colonial Dodge, Chrysler, Jeep, Ram (3/3/2026) Carvana Co. of Tempe, AZ, acquired the Colonial Dodge, Chrysler, Jeep, Ram store of Colonial Automotive Group, Inc., expanding its automotive retail and franchise-dealership footprint.
Berkeley Orthodontics (3/4/2026) Salt Dental Collective, LLC of Phoenix, AZ, acquired a majority stake in Berkeley Orthodontics, building orthodontic specialty density across its network.
Elastomer Technologies, Inc. (3/4/2026) Cinova Medical Inc. of Phoenix, AZ, acquired Elastomer Technologies, Inc. of Corona, CA, expanding its medical-device design and manufacturing capabilities.
Gardner Wallace Financial Solutions, LLC (3/4/2026) Osaic, Inc. of Phoenix, AZ, acquired Gardner Wallace Financial Solutions, LLC of Addison, TX, adding advisory assets to its wealth-management network in Texas.
Class A office campus at 25500–25600 North Norterra Drive (3/4/2026) Wentworth Property Company, LLC of Phoenix, AZ, acquired a two-building, Class A office campus at 25500–25600 North Norterra Drive in Phoenix, AZ, for $26.7M, expanding its commercial real estate holdings in north Phoenix.
Pinnacle Peak Private Client Group, LLC (3/5/2026) Ashton Thomas Private Wealth, LLC of Scottsdale, AZ, acquired Pinnacle Peak Private Client Group, LLC of Scottsdale, AZ, consolidating local high-net-worth advisory capabilities.
Additional Claims (3/10/2026) Liberty Star Uranium & Metals Corp. of Tucson, AZ, acquired Additional Claims in Arizona through a staking transaction, expanding its mineral-rights portfolio in the uranium exploration sector.
Jets MRO, LLC (3/10/2026) FlyHouse Technology, LLC of Scottsdale, AZ, acquired Jets MRO, LLC of Dallas, TX, adding aircraft maintenance, repair, and overhaul (MRO) capabilities in Texas.
Trellis Technologies, Inc. (3/10/2026) Gen Digital Inc. of Tempe, AZ, acquired Trellis Technologies, Inc. of Claymont, DE, strengthening its consumer cyber-safety and identity-protection platform.
Valley Event Lighting (3/10/2026) Captivate Event Rentals of Tempe, AZ, acquired Valley Event Lighting of Mesa, AZ, expanding its event-production capabilities with specialized lighting services.
ExoAnalytic Solutions, Inc. (3/11/2026) Anduril Industries, Inc. of Phoenix, AZ, acquired ExoAnalytic Solutions, Inc. of Foothill Ranch, CA, strengthening its space-domain awareness and national-security capabilities.
Hanabusa IVF / Asian Egg Bank (3/11/2026) CSGBIO LLC of Scottsdale, AZ, acquired Hanabusa IVF and the Asian Egg Bank, expanding its fertility and reproductive-health services.
KODD (3/11/2026) Advance Ministries, Inc. of Lake Havasu City, AZ, acquired KODD in Arizona from Ondas de Vida, Inc. for $0.03M, expanding its radio broadcasting and media-outreach reach.
Mach 1 Networks, LLC (3/16/2026) Mereo 89, LLC of Phoenix, AZ, acquired Mach 1 Networks, LLC (Xcelerate Networks) of Firestone, CO, expanding its fiber network under the Mereo Fiber brand into Colorado.
Xcelerate Networks (3/16/2026) Mereo 89, LLC of Phoenix, AZ, acquired Xcelerate Networks of Irondale, AL, extending its fiber footprint under the Mereo Fiber brand.
23 Colorado and Arizona locations of DAS Drive Automotive Services (3/17/2026) Sun Auto Tire & Service Inc. of Tucson, AZ, acquired 23 Colorado and Arizona locations from DAS Drive Automotive Services, adding regional automotive service density across both states.
"Venture on 16th" Multifamily Community (3/17/2026) Neighborhood Ventures, Inc. of Phoenix, AZ, acquired the 86-unit "Venture on 16th" multifamily community in Phoenix's Biltmore District for $19.5M, adding a scaled residential asset in metro Phoenix.
Haeger Orthodontics (3/23/2026) Salt Dental Collective, LLC of Phoenix, AZ, acquired Haeger Orthodontics of Kent, WA, expanding its orthodontic network into the Pacific Northwest.
Efferent, Inc. (3/24/2026) Hopper Operating System, LLC of Phoenix, AZ, acquired Efferent, Inc. of The Woodlands, TX, expanding its software platform.
Ansik, Inc. (3/25/2026) Fullbay, Inc. of Phoenix, AZ, acquired Ansik, Inc. of Toronto, Canada, expanding its shop-management software platform for heavy-duty repair into Canada.
Beck-Reit & Sons, Ltd. (3/31/2026) The Truesdell Corporation of Tempe, AZ, acquired Beck-Reit & Sons, Ltd. of Austin, TX, expanding its construction and infrastructure services into Texas.
Clarify, LLC (3/31/2026) 3WIN Corp. of Tempe, AZ, acquired Clarify, LLC of Tempe, AZ, adding packaging and filling-equipment capabilities to its manufacturing platform.
Escrow Operations of Doma Technology, LLC (3/31/2026) Opendoor Labs Inc. of Tempe, AZ, acquired the Escrow Operations of Doma Technology, LLC, bringing escrow capabilities in-house to support its digital home-transaction platform.
K20JX-D (3/31/2026) Good News Broadcasting Network, Inc. of Scottsdale, AZ, acquired an interest in television station K20JX-D in California, expanding its broadcast-media reach.
Orbograph Ltd. (3/31/2026) Cash Flow Management, LLC (Kinective) of Gilbert, AZ, acquired Orbograph Ltd. of Burlington, MA, adding check-recognition and fraud-prevention technology to its platform.
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.
Copyright ©2026 William & Wall, S&P Global Market Intelligence
