2025 Year in Review | Nevada 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 Nevada
Nevada - Transaction Value and Count by Month
Nevada — Business Sale Overview
Nevada’s 2025 M&A market was defined by both extraordinary volume and strategic depth, reflecting the state’s unique position at the intersection of natural resources, gaming, technology, and high-growth services. The year was particularly notable for sustained consolidation across mining and mineral exploration, with well over half of announced transactions tied to gold, silver, lithium, tungsten, geothermal, and royalty assets. Activity spanned early-stage claim acquisitions to nine-figure royalty and asset transactions, including Franco-Nevada’s $275 million NSR investments, Minera Alamos’ $119 million Nevada asset acquisition, and multiple strategic project consolidations across the Carlin Trend and broader Nevada mining corridor. This sustained capital deployment underscores Nevada’s continued status as one of North America’s most important jurisdictions for precious metals and critical battery materials.
Beyond natural resources, 2025 highlighted Nevada’s increasing diversification into technology, financial services, healthcare, and gaming infrastructure. Notable transactions included Atlassian’s $1.0 billion acquisition of a Henderson-based software company, Horizon Quantum Computing’s $503 million acquisition of a Las Vegas technology platform, and ONE Nuclear Energy’s $1.13 billion acquisition vehicle transaction in Zephyr Cove—demonstrating continued large-cap and cross-border interest in Nevada-based entities. Healthcare and managed care saw meaningful expansion with Kaiser Permanente’s acquisition of Hometown Health Plan in Reno and Intermountain Health’s expansion into Las Vegas, while financial services activity included the acquisition of Meadows Bank by America First Federal Credit Union and continued consolidation among wealth management and insurance platforms.
The year also reflected steady lower middle-market consolidation across HVAC, fire protection, construction materials, distribution, gaming software, foodservice, and specialty services—sectors closely tied to Nevada’s population growth and infrastructure investment. Strategic buyers such as Builders FirstSource, Pye-Barker Fire & Safety, Arthur J. Gallagher, Imperial Dade, and US Foods expanded their Nevada footprints, reinforcing the state’s attractiveness as a scalable Western growth market. For business owners, 2025 confirmed that Nevada remains a highly liquid M&A environment across deal sizes—from sub-$1 million claim transactions to billion-dollar strategic acquisitions—supported by robust capital markets, sustained in-migration, and continued investor appetite for both hard assets and high-growth platforms.
Nevada — Strategic vs. Sponsor-led Activity
Nevada — X / Y Plot By Sector
Nevada — M&A Segmentation
Nevada — Sector Breakdown
Second Level Primary Industry Breakdown
Nevada 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. 89 Federal Unpatented Lode Claims (1/7/2025)
Black Mammoth Metals Corporation acquired 89 Federal Unpatented Lode Claims, expanding its mineral exploration portfolio and strengthening its position in the mining sector.
2. Atlas Project (1/7/2025)
Ridgeline Minerals Corp. acquired Atlas Project, strengthening its mineral exploration portfolio and expanding its resource development capabilities.
3. Coleman Canyon Property (1/7/2025)
Antelope Creek Gold Corporation acquired Coleman Canyon Property for $0.04M, expanding its mineral exploration portfolio with strategic gold mining assets.
4. Royston Project (1/8/2025)
Pacific Ridge Exploration Ltd. acquired Royston Project for $3.76M, expanding its mineral exploration portfolio and strengthening its position in the mining sector.
5. Clayton Valley Project (1/9/2025)
Cruz Battery Metals Corp. acquired Clayton Valley Project for $0.26M, expanding its lithium exploration portfolio in Nevada's premier Clayton Valley region.
6. Alpine Roofing Co., Inc. (1/13/2025)
Tecta America Corporation of Rosemont, IL, acquired Alpine Roofing Co., Inc. of Sparks, NV, strengthening its commercial roofing platform in the western United States.
7. Si2 project (1/16/2025)
K2 Gold Corporation acquired Si2 project for $0.17M, expanding its mineral exploration portfolio and strengthening its position in the gold development sector.
8. SCP Manufacturing, Inc. (1/22/2025)
Mobix Labs, Inc. of Irvine, CA, acquired SCP Manufacturing, Inc. of Henderson, NV, strengthening its manufacturing capabilities and production capacity in the connectivity solutions sector.
9. Assets of Granite Creek and Ruby Hill Project (2/7/2025)
OMF Fund III (HG) Ltd acquired Assets of Granite Creek and Ruby Hill Project, expanding its mining and natural resources portfolio with strategic mineral extraction assets.
10. Horizon Insurance Services (2/7/2025)
Crest Insurance Group, LLC of Tucson, AZ, acquired Horizon Insurance Services of Henderson, NV, strengthening its presence in the Nevada insurance market.
11. Formation Nation, Inc. (2/10/2025)
LegalZoom.com, Inc. of Mountain View, CA, acquired Formation Nation, Inc. of Las Vegas, NV for $83.2M, strengthening its business formation services platform and expanding its reach in the small business legal services market.
12. 72 Mining Claims (2/11/2025)
Fairchild Gold Corp. acquired 72 Mining Claims for $0.06M, consolidating its mineral exploration portfolio and expanding its gold prospecting footprint.
13. VIA, Inc. (2/13/2025)
Flokk AS acquired VIA, Inc. of Sparks, NV, expanding its workplace furniture solutions portfolio with complementary seating and workspace products.
14. Griffon Project (2/20/2025)
Nevada Sunrise Metals Corporation acquired Griffon Project for $0.65M, strengthening its mineral exploration portfolio and expanding its resource development capabilities.
15. Laudable, Inc. (2/25/2025)
Crowdvocate LTD acquired Laudable, Inc. of Henderson, NV, strengthening its digital marketing and customer advocacy platform capabilities.
16. Community Association Insurance Solutions, LLC (2/26/2025)
AmWINS Group, Inc. of Charlotte, NC, acquired Community Association Insurance Solutions, LLC of Las Vegas, NV, strengthening its specialty insurance platform with dedicated community association coverage capabilities.
17. dMY Squared Technology Group, Inc. (2/26/2025)
Horizon Quantum Computing Pte. Ltd. acquired dMY Squared Technology Group, Inc. of Las Vegas, NV for $503M, strengthening its quantum computing capabilities and market presence in the North American technology sector.
18. Kennedy Project (2/27/2025)
Summa Silver Corp. acquired Kennedy Project, expanding its silver exploration and mining asset portfolio.
19. Additional 11 claims on the Dobbin (2/28/2025)
Phenom Resources Corp. acquired Additional 11 claims on the Dobbin, expanding its mineral exploration footprint and consolidating its position in the property.
20. Luxor Property (2/28/2025)
Silver Range Resources Ltd. acquired Luxor Property, expanding its real estate portfolio and strengthening its position in the property development sector.
21. A. Carlisle & Company of Nevada, Inc. (3/3/2025)
Reno Typographers, Inc. of Reno, NV, acquired A. Carlisle & Company of Nevada, Inc. of Reno, NV, consolidating the local printing and typographic services market.
22. Jake Creek Project (3/3/2025)
Headwater Gold Inc. acquired Jake Creek Project for $0.01M, expanding its mineral exploration portfolio with additional prospective gold assets.
23. Quickpay Funding, LLC (3/3/2025)
Culain Capital Management Llc of Buffalo, NY, acquired Quickpay Funding, LLC of Las Vegas, NV, strengthening its alternative financing capabilities in the merchant cash advance sector.
24. Relativity Acquisition Corp. (3/4/2025)
Instinct Brothers Co., Ltd. acquired Relativity Acquisition Corp. of Las Vegas, NV for $225M, positioning the company to capitalize on emerging opportunities in the dynamic Nevada market.
25. Sierra Air Conditioning, Inc. (3/5/2025)
Airtron Heating & Air Conditioning, Inc. of Avon, OH, acquired Sierra Air Conditioning, Inc. of Las Vegas, NV, positioning the company for geographic expansion into the Nevada HVAC market.
26. Modern Concrete, Inc. (3/6/2025)
Big 7 Ventures Management, LLC of Lafayette, CA, acquired Modern Concrete, Inc. of Elko, NV, strengthening its construction materials portfolio in the Nevada market.
27. Twenty New Claims (3/19/2025)
Great Western Mining Corporation PLC acquired Twenty New Claims, expanding its mineral exploration portfolio and strengthening its position in the mining sector.
28. 78 Additional Claim (3/20/2025)
Great Western Mining Corporation PLC acquired 78 Additional Claim, expanding its mineral rights portfolio and strengthening its position in resource extraction operations.
29. Cambridge Property (3/26/2025)
Walker Lane Resources Ltd. acquired Cambridge Property for $0.72M, expanding its real estate portfolio and strengthening its property investment platform.
30. Cross Check Aviation Services LLC (3/26/2025)
Sunvair, Inc. of Valencia, CA, acquired Cross Check Aviation Services LLC of Reno, NV, strengthening its aviation services capabilities and expanding its operational footprint in the western United States.
31. Elkhorn Gold Exploration LLC (3/28/2025)
Private Investor acquired Elkhorn Gold Exploration LLC of Reno, NV, adding precious metals exploration assets to advance its natural resources investment portfolio.
32. Preppy (3/31/2025)
StraighterLine, Inc. of Baltimore, MD, acquired Preppy of Las Vegas, NV, expanding its online education platform with enhanced test preparation and academic support services.
33. Encore Group Of Professions LLC (4/4/2025)
Young and Associates, LLC of Saint Louis, MO, acquired Encore Group Of Professions LLC of Henderson, NV, strengthening its professional services capabilities and expanding its geographic reach into the Nevada market.
34. Climate Engine, Inc. (4/7/2025)
Earth Finance, Inc. of Seattle, WA, acquired Climate Engine, Inc. of Reno, NV, strengthening its environmental data analytics capabilities and climate technology platform.
35. Open Access BPO LLC (4/7/2025)
TDCX Inc. acquired Open Access BPO LLC of Las Vegas, NV, strengthening its business process outsourcing capabilities in the North American market.
36. Truckee-Tahoe Lumber Company (4/7/2025)
Builders FirstSource, Inc. of Irving, TX, acquired Truckee-Tahoe Lumber Company of Reno, NV, strengthening its building materials distribution network in the Nevada market.
37. 47 Federal Unpatented Claims (4/8/2025)
Black Mammoth Metals Corporation acquired 47 Federal Unpatented Claims, expanding its mineral exploration and development portfolio across federal lands.
38. Stewart Electric LLC (4/9/2025)
Loenbro, LLC of Westminster, CO, acquired Stewart Electric LLC of Henderson, NV, strengthening its electrical contracting capabilities and expanding its service footprint into the Nevada market.
39. Cimarron Project (4/10/2025)
ACME Lithium Inc. acquired Cimarron Project for $0.18M, expanding its lithium exploration and development portfolio.
40. Cimarron Project (4/10/2025)
Crestview Exploration Inc. acquired Cimarron Project for $0.2M, expanding its exploration portfolio with additional mineral rights and development opportunities.
41. Coal Canyon Property (4/14/2025)
Antelope Creek Gold Corporation acquired Coal Canyon Property for $0.46M, expanding its mineral exploration portfolio and advancing its gold mining operations.
42. BMM International, LLC (4/15/2025)
The Visualize Group LP of New York, NY, acquired BMM International, LLC of Las Vegas, NV, strengthening its capabilities in the testing and certification services market for gaming equipment.
43. Jimmys Wool, LLC (4/16/2025)
Premier Needle Arts Inc. of Vancouver, WA, acquired Jimmys Wool, LLC of Reno, NV, strengthening its yarn and fiber supply chain while expanding its retail footprint into the Nevada market.
44. Reliable Circuits, Inc (4/16/2025)
Carbon Block Technology, Inc. of Las Vegas, NV, acquired Reliable Circuits, Inc of Las Vegas, NV, strengthening its electronics manufacturing capabilities and local market presence.
45. ABC Therapy, LLC (4/24/2025)
Vegas Stronger of Las Vegas, NV, acquired ABC Therapy, LLC of Las Vegas, NV, strengthening its local healthcare services portfolio and expanding therapeutic treatment capabilities.
46. Varaluz LLC (4/28/2025)
CIANA Lighting LLC of Cedar Hills, UT, acquired Varaluz LLC of Las Vegas, NV, consolidating its position in the decorative lighting and fixtures market.
47. Mary's Gone Crackers, Inc. (4/30/2025)
Rosseau Incorporated of Wilmington, DE, acquired Mary's Gone Crackers, Inc. of Reno, NV, strengthening its position in the organic and gluten-free snack food market.
48. Three Nevada Properties (5/1/2025)
Azucar Minerals Ltd. acquired Three Nevada Properties for $1.75M, expanding its mineral exploration portfolio in the strategic Nevada mining corridor.
49. Arroweye Solutions, Inc. (5/6/2025)
CPI CG Inc. of Littleton, CO, acquired Arroweye Solutions, Inc. of Henderson, NV for $45.55M, strengthening its technology solutions and surveillance capabilities portfolio.
50. Azibo Inc. (5/6/2025)
TurboTenant, Inc. of Fort Collins, CO, acquired Azibo Inc. of Reno, NV, consolidating its position in the property management software market for landlords and rental property operators.
51. DotCom Ventures Inc. (5/7/2025)
Lottery.com Inc. of Fort Worth, TX, acquired DotCom Ventures Inc. of Carson City, NV for $5M, strengthening its digital infrastructure and online gaming technology capabilities.
52. 66 New Claims (5/8/2025)
James Bay Minerals Limited acquired 66 New Claims, consolidating its mineral exploration footprint and strengthening its resource development pipeline.
53. Blue Mountain Geothermal Power Plant (5/8/2025)
Ormat Technologies, Inc. of Reno, NV, acquired Blue Mountain Geothermal Power Plant for $88M, consolidating its position in the renewable geothermal energy sector.
54. Gryphon Digital Mining, Inc. (5/12/2025)
American Bitcoin Corp. of Miami, FL, acquired Gryphon Digital Mining, Inc. of Las Vegas, NV, consolidating its cryptocurrency mining operations and expanding its digital asset infrastructure capabilities.
55. NZero, Inc. (5/12/2025)
ASUENE America Holdings Inc acquired NZero, Inc. of Carson City, NV, advancing its capabilities in carbon management and sustainability solutions.
56. 0.5% NSR on Ferber Property (5/13/2025)
Bronco Creek Exploration Inc. of Tucson, AZ, acquired 0.5% NSR on Ferber Property for $1M, adding royalty income streams to its mineral rights portfolio.
57. Euphoria Institute of Beauty Arts and Sciences (5/13/2025)
Dvmd LLC of Colorado Springs, CO, acquired Euphoria Institute of Beauty Arts and Sciences of Las Vegas, NV, expanding its presence in the beauty education and cosmetology training market.
58. key Mine Claims (5/13/2025)
Sierra Nevada Gold Inc. of Reno, NV, acquired key Mine Claims for $0.25M, expanding its mineral exploration footprint and strengthening its position in strategic mining territories.
59. Exploration Lease over Swales (5/14/2025)
Metals One PLC acquired Exploration Lease over Swales for $0.1M, expanding its mineral exploration portfolio and securing additional prospecting rights.
60. 14 Claims (5/15/2025)
Globex Mining Enterprises Inc. acquired 14 Claims, consolidating its mineral exploration portfolio and strengthening its position in strategic mining territories.
61. Nine Four Entertainment Inc (5/15/2025)
Skybound Holdings LLC of Los Angeles, CA, acquired Nine Four Entertainment Inc of Las Vegas, NV, expanding its entertainment portfolio and strengthening its presence in the Nevada gaming and entertainment market.
62. Talage, Inc. (5/15/2025)
Mission Underwriting Managers, LLC of Scottsdale, AZ, acquired Talage, Inc. of Reno, NV, strengthening its digital insurance platform capabilities and automated underwriting technology.
63. Silver Stream (5/19/2025)
Osisko Bermuda Limited acquired Silver Stream for $13M, strengthening its precious metals streaming portfolio and diversifying its revenue base across multiple mining assets.
64. Silver Stream of South Railroad Project (5/19/2025)
Osisko Bermuda Limited acquired Silver Stream of South Railroad Project for $13M, strengthening its precious metals streaming portfolio and diversifying its revenue-generating asset base.
65. Teleskope Technologies, Inc (5/19/2025)
Seva Growth acquired Teleskope Technologies, Inc of Las Vegas, NV, advancing its technology capabilities and market presence in the software solutions sector.
66. Wastexperts, Inc. (5/19/2025)
Ally Waste Services, LLC of Gilbert, AZ, acquired Wastexperts, Inc. of Reno, NV, strengthening its waste management operations across the Southwest region.
67. 99 Unpatented Mining Claims (5/20/2025)
Metals One PLC acquired 99 Unpatented Mining Claims, expanding its mineral exploration portfolio and strengthening its position in the mining sector.
68. Metavox Holdings LLC (5/20/2025)
NFiniTi inc. acquired Metavox Holdings LLC, strengthening its voice technology and communications platform capabilities.
69. High Sierra Distillery, LLC (5/23/2025)
Foley Family Wines, Inc. of Santa Rosa, CA, acquired High Sierra Distillery, LLC of Minden, NV, diversifying beyond wine into premium spirits production and distribution.
70. Proquility Private Wealth Partners, LLC (5/27/2025)
Simon Quick Advisors, LLC of Morristown, NJ, acquired Proquility Private Wealth Partners, LLC of Las Vegas, NV, strengthening its wealth management capabilities and expanding its presence in the Nevada high-net-worth market.
71. 590 Madison Avenue (5/29/2025)
Investor Group acquired 590 Madison Avenue for $1,100.00M, strengthening its premium commercial real estate portfolio in Manhattan's prestigious Midtown corridor.
72. IT Avalon LLC (5/29/2025)
SmarTek21, LLC of Kirkland, WA, acquired IT Avalon LLC of Reno, NV, strengthening its technology services capabilities and expanding its presence in the Nevada market.
73. Trench Oxide Gold Project (5/29/2025)
Ridgeline Minerals Corp. acquired Trench Oxide Gold Project for $2.43M, expanding its precious metals portfolio and advancing its gold exploration capabilities.
74. Four Highly Prospective Projects (5/30/2025)
Renegade Exploration Limited acquired Four Highly Prospective Projects for $0.15M, expanding its mineral exploration portfolio and strengthening its position in resource development opportunities.
75. P&G Association Management (6/1/2025)
Westward Management, Inc. of Chicago, IL, acquired P&G Association Management of Henderson, NV, consolidating its association management services platform in the western U.S. market.
76. Excelsior Project (6/2/2025)
Mammoth Minerals Limited acquired Excelsior Project for $2.55M, expanding its mineral exploration portfolio and strengthening its presence in the mining sector.
77. Eagle Property (6/3/2025)
Midasco Capital Corp. acquired Eagle Property for $1.22M, expanding its real estate investment portfolio and strengthening its presence in the property management sector.
78. The Lone Mountain CRD Project (6/3/2025)
Minaurum Gold Inc. acquired The Lone Mountain CRD Project for $0.73M, expanding its carbonate replacement deposit portfolio in precious metals exploration.
79. Ruby Hill Project (6/4/2025)
Almadex Minerals Ltd. acquired Ruby Hill Project, expanding its mineral exploration portfolio and strengthening its position in precious metals development.
80. Wilkins & Associates Insurance Services, Inc. (6/4/2025)
Arthur J. Gallagher & Co. of Rolling Meadows, IL, acquired Wilkins & Associates Insurance Services, Inc. of Reno, NV, strengthening its presence in the Nevada insurance brokerage market.
81. Vegas Sports Today (6/10/2025)
Imprint4Less Merchandise Group, LLC of Delray Beach, FL, acquired Vegas Sports Today of Las Vegas, NV, expanding its promotional merchandise capabilities into the sports media and entertainment market.
82. CloudSoda, Inc. (6/17/2025)
Diskover Data, Inc. of Reno, NV, acquired CloudSoda, Inc. of Reno, NV, consolidating data management and cloud analytics capabilities within the local technology ecosystem.
83. Gold Mountain Project (6/17/2025)
Element79 Gold Corp. acquired Gold Mountain Project for $1.61M, expanding its precious metals portfolio and strengthening its position in the gold mining sector.
84. BluePeak Technology Solutions LLC (6/24/2025)
Nexus IT Consultants LLC of Salt Lake City, UT, acquired BluePeak Technology Solutions LLC of Reno, NV, strengthening its technology consulting capabilities across the Mountain West region.
85. Gold Run Property (6/25/2025)
Lodestar Metals Corp. acquired Gold Run Property for $2.96M, expanding its mineral exploration portfolio and strengthening its position in gold mining assets.
86. Codingscape LLC (6/26/2025)
AROBS Transilvania Software S.A. acquired Codingscape LLC of Las Vegas, NV for $16M, strengthening its North American software development capabilities and expanding its presence in the U.S. market.
87. Winning Creative LLC (6/30/2025)
Yugen LLC acquired Winning Creative LLC of Las Vegas, NV, strengthening its creative services capabilities in the entertainment and hospitality marketing sector.
88. Silver Reef Biomedical Services, Inc (7/2/2025)
Medical Technology Associates, LLC of Pinellas Park, FL, acquired Silver Reef Biomedical Services, Inc of Las Vegas, NV, strengthening its biomedical equipment servicing capabilities and expanding its geographic footprint into the Nevada healthcare market.
89. Additional Mining Claims (7/7/2025)
Guardian Metal Resources PLC acquired Additional Mining Claims, expanding its mineral exploration footprint and resource base.
90. Internet Marketing Ninjas, Inc. (7/9/2025)
previsible.io, LLC of San Francisco, CA, acquired Internet Marketing Ninjas, Inc. of Pahrump, NV, strengthening its digital marketing capabilities and SEO service offerings.
91. Total Customer Connect Inc. (7/9/2025)
Vehlo Holdings, LP of Knoxville, TN, acquired Total Customer Connect Inc. of Las Vegas, NV, strengthening its customer service and engagement capabilities.
92. 1.62% NSR on Gold Quarry Mine (7/11/2025)
Franco-Nevada Corporation acquired 1.62% NSR on Gold Quarry Mine for $11.5M, expanding its portfolio of precious metals royalty streams in established mining operations.
93. Western Door And Gate LLC (7/16/2025)
Citadel Access Solutions of Santa Monica, CA, acquired Western Door And Gate LLC of Las Vegas, NV, expanding its access control and security infrastructure capabilities in the Nevada market.
94. CasinoSoft, LLC (7/18/2025)
Pavilion Payments Gaming Services Inc. of Las Vegas, NV, acquired CasinoSoft, LLC of Las Vegas, NV, strengthening its gaming software capabilities and payment processing solutions for the casino industry.
95. KLAP-FM (7/21/2025)
KLAP FM Radio Corp. of Gerlach, NV, acquired KLAP-FM for $0M, consolidating ownership of its flagship radio station operations.
96. Gatski Commercial Real Estate Services (7/22/2025)
Lincoln Property Company Commercial LLC of Dallas, TX, acquired Gatski Commercial Real Estate Services of Las Vegas, NV, expanding its commercial real estate platform into the Nevada market.
97. Three Projects (7/22/2025)
OceanaGold Corporation acquired Three Projects for $0.35M, consolidating its mineral exploration and development portfolio.
98. 1% NSR On Arthur Gold Project (7/23/2025)
Franco-Nevada Corporation acquired 1% NSR On Arthur Gold Project for $275M, expanding its portfolio of precious metals royalty and streaming assets.
99. 1% NSR on Silicon Project (7/23/2025)
Franco-Nevada Corporation acquired 1% NSR on Silicon Project for $275M, expanding its precious metals royalty portfolio with exposure to strategic mineral resources.
100. Mineral Ridge Project (7/24/2025)
Undisclosed Buyer acquired Mineral Ridge Project for $7.5M, advancing its position in the mineral extraction and development sector.
101. Substantially All of the Assets and Liabilities of Meadows Bank (7/25/2025)
America First Federal Credit Union of Ogden, UT, acquired substantially all of the assets and liabilities of Meadows Bank of Las Vegas, NV, expanding its geographic footprint into the Nevada banking market.
102. NEW BI US Gaming, LLC (7/28/2025)
Quick Custom Intelligence LLC of San Diego, CA, acquired NEW BI US Gaming, LLC of Las Vegas, NV, strengthening its data analytics capabilities in the gaming and entertainment sector.
103. 4Wall Entertainment, Inc. (7/31/2025)
Varagon Capital Partners, L.P. of New York, NY, acquired 4Wall Entertainment, Inc. of Las Vegas, NV, strengthening its portfolio in the entertainment lighting and production services sector.
104. Green Mountain Merger, Inc. (8/5/2025)
BitBridge Capital Strategies of Boca Raton, FL, acquired Green Mountain Merger, Inc. of Las Vegas, NV, strengthening its investment platform capabilities and expanding its presence in the western markets.
105. Nevada Assets (8/7/2025)
Minera Alamos Inc. acquired Nevada Assets for $119.36M, consolidating its North American mining operations and mineral resource portfolio.
106. Tennessee Mountain Project (8/7/2025)
Trigg Minerals (USA) LLC acquired Tennessee Mountain Project for $0.22M, expanding its mineral extraction portfolio in the Appalachian region.
107. Brady Industries, LLC (8/11/2025)
Imperial Dade Intermediate Holdings, LLC of Jersey City, NJ, acquired Brady Industries, LLC of Las Vegas, NV, strengthening its distribution network and expanding its presence in the western U.S. market.
108. BGMD Holdings LLC (8/14/2025)
GDC America, Inc. of Tampa, FL, acquired BGMD Holdings LLC of Las Vegas, NV for $30M, consolidating its presence in the Western gaming and entertainment markets.
109. BOLO PROJECT (8/18/2025)
Allegiant Gold Ltd. acquired BOLO PROJECT, expanding its mineral exploration portfolio and strengthening its position in the gold mining sector.
110. York Claims (8/19/2025)
Lahontan Gold Corp. acquired York Claims for $0.3M, expanding its mineral exploration portfolio and strengthening its position in gold prospecting activities.
111. Celts Project (8/25/2025)
Barrick Mining Corporation acquired Celts Project, expanding its mineral exploration and development portfolio.
112. Zircon Global Technologies (9/2/2025)
Avrio Worldwide, PBC of Woodbury, NY, acquired Zircon Global Technologies of Reno, NV, strengthening its technology capabilities and expanding its global service offerings.
113. Dollar Project (9/10/2025)
EV Resources Limited acquired Dollar Project for $0.05M, strengthening its mineral exploration portfolio with strategic resource assets.
114. Hometown Health Plan, Inc. (9/10/2025)
Kaiser Permanente Inc. of Oakland, CA, acquired Hometown Health Plan, Inc. of Reno, NV, strengthening its managed care presence in the Nevada market.
115. DealerTrend, Inc. (9/11/2025)
Mudd, Inc. of Cedar Falls, IA, acquired DealerTrend, Inc. of Reno, NV, advancing its automotive technology and digital marketing capabilities for dealership clients.
116. 223 Unpatented Lode Claims (9/15/2025)
Dome Rock Resources, LLC acquired 223 Unpatented Lode Claims for $0.8M, expanding its mineral exploration portfolio and land position for potential mining operations.
117. Baxter Spring Project (9/16/2025)
West Point Gold Corp. acquired Baxter Spring Project for $4.63M, expanding its precious metals exploration portfolio and strengthening its position in the gold mining sector.
118. Phoenix Fire Protection, LLC (9/16/2025)
Pye-Barker Fire & Safety, LLC of Alpharetta, GA, acquired Phoenix Fire Protection, LLC of Las Vegas, NV, expanding its fire protection services footprint into the Nevada market.
119. The Real American Corp (9/16/2025)
Western Star Resources Inc. acquired The Real American Corp, strengthening its resource portfolio and market presence in the domestic energy sector.
120. A Software Company, Inc. (9/18/2025)
Atlassian Corporation acquired A Software Company, Inc. of Henderson, NV for $1,000.00M, strengthening its enterprise collaboration and productivity software portfolio.
121. AMI Global, LLC (9/23/2025)
S. J. Electro Systems, Inc. of Detroit Lakes, MN, acquired AMI Global, LLC of Las Vegas, NV, consolidating its electronic systems capabilities and expanding its geographic footprint into the western U.S. market.
122. Milton Project (9/26/2025)
EV Resources Limited acquired Milton Project for $0.33M, advancing its mineral exploration and development capabilities.
123. Golden Arrow Project (9/29/2025)
Fairchild Gold Corp. acquired Golden Arrow Project for $5M, expanding its mineral exploration portfolio and strengthening its position in the precious metals sector.
124. Mt. Hamilton Project (9/30/2025)
Sailfish Royalty Corp. acquired Mt. Hamilton Project for $40M, expanding its mineral rights and royalty portfolio in the mining sector.
125. Mt. Hamilton Project (9/30/2025)
Mako Mining Corp. acquired Mt. Hamilton Project, expanding its mineral exploration portfolio and advancing its strategic positioning in the mining sector.
126. Builders Door & Trim LLC (10/1/2025)
Builders FirstSource, Inc. of Irving, TX, acquired Builders Door & Trim LLC of Las Vegas, NV, expanding its millwork and specialty building products capabilities in the Nevada market.
127. Mountain Lake Acquisition Corp. (10/1/2025)
Avalanche Treasury Corporation acquired Mountain Lake Acquisition Corp. of Incline Village, NV, strengthening its investment vehicle platform and expanding its presence in Nevada's financial services market.
128. Rystin Construction, Inc. (10/1/2025)
Builders FirstSource, Inc. of Irving, TX, acquired Rystin Construction, Inc. of Henderson, NV, consolidating its presence in the Nevada construction market.
129. Spanish Moon Project (10/1/2025)
Kinross Gold Corporation acquired Spanish Moon Project, expanding its gold mining portfolio and development pipeline.
130. Green Valley Grocery, Inc. (10/3/2025)
Anabi Oil Corporation of Upland, CA, acquired Green Valley Grocery, Inc. of Las Vegas, NV, expanding its retail footprint beyond traditional petroleum operations into the grocery sector.
131. Vegas Stone Brokers LLC (10/3/2025)
Pool Corporation of Covington, LA, acquired Vegas Stone Brokers LLC of Las Vegas, NV, expanding its hardscape and decorative stone offerings for the pool and outdoor living market.
132. Cinderlite Trucking Corp. (10/6/2025)
Centennial Aggregate Inc acquired Cinderlite Trucking Corp. of Carson City, NV, consolidating its transportation and logistics capabilities in the Western materials distribution market.
133. Firenze Gold Project (10/14/2025)
Altitude Minerals Ltd acquired Firenze Gold Project for $0.43M, expanding its precious metals exploration portfolio in the gold mining sector.
134. Springer Ball Mine (10/14/2025)
Blue Moon Metals Inc. acquired Springer Ball Mine for $0.5M, expanding its mineral extraction operations and production capacity.
135. Vitalibis, Inc. (10/14/2025)
Zhejiang Bayi Electronics Technology Co., Ltd. acquired Vitalibis, Inc. of Las Vegas, NV, advancing its presence in the North American health technology market.
136. Baughman & Turner, Inc. (10/15/2025)
CivilOne of Las Vegas, NV, acquired Baughman & Turner, Inc. of Las Vegas, NV, consolidating local engineering and construction capabilities within the Nevada market.
137. Three Lithium Properties and Other Assets (10/17/2025)
ExGen Resources Inc. acquired Three Lithium Properties and Other Assets for $1.73M, positioning itself in the critical battery metals sector amid growing electric vehicle demand.
138. Mining Claims (10/22/2025)
Investmin Resources Inc. acquired Mining Claims for $35M, expanding its mineral asset portfolio and strengthening its position in the natural resources sector.
139. Hennessy Capital Investment Corp. VII (10/23/2025)
ONE Nuclear Energy LLC of Palm Beach, FL, acquired Hennessy Capital Investment Corp. VII of Zephyr Cove, NV for $1,134.42M, positioning the company to accelerate its clean energy development initiatives through enhanced capital market access.
140. Borroka LLC (10/28/2025)
Xtreme Fighting Championships, Inc. of Miramar Beach, FL, acquired Borroka LLC of Las Vegas, NV, consolidating its mixed martial arts promotion capabilities in key combat sports markets.
141. Berto Acquisition Corp. (10/29/2025)
MD Health RX Solutions, LLC of Tampa, FL, acquired Berto Acquisition Corp. of Las Vegas, NV, expanding its pharmaceutical services footprint into the Nevada market.
142. Carlin Queen Gold and Silver Project (10/30/2025)
Fairchild Gold Corp. acquired Carlin Queen Gold and Silver Project for $0.83M, expanding its precious metals mining portfolio and strengthening its position in Nevada's prolific Carlin Trend gold district.
143. Sdmi Limited Partnership (10/30/2025)
Intermountain Health Care, Inc. of Salt Lake City, UT, acquired Sdmi Limited Partnership of Las Vegas, NV, expanding its healthcare delivery network into the Nevada market.
144. Haws Corporation (11/4/2025)
Watts Water Technologies, Inc. of North Andover, MA, acquired Haws Corporation of Sparks, NV, strengthening its portfolio of water safety and emergency equipment solutions.
145. Jim L. Shetakis Distributing Co. (11/6/2025)
US Foods Holding Corp. of Rosemont, IL, acquired Jim L. Shetakis Distributing Co. of North Las Vegas, NV, reinforcing its foodservice distribution network in the Nevada market.
146. One World Products, Inc. (11/6/2025)
Management Group acquired One World Products, Inc. of Las Vegas, NV, consolidating its position in the consumer products sector.
147. Total Infusion Care LLC (11/7/2025)
BioMatrix Specialty Pharmacy, LLC of Plantation, FL, acquired Total Infusion Care LLC of Henderson, NV, expanding its specialized infusion therapy services into the Nevada market.
148. Red E Fire Protection Services LLC (11/14/2025)
Pye-Barker Fire & Safety, LLC of Alpharetta, GA, acquired Red E Fire Protection Services LLC of North Las Vegas, NV, expanding its fire protection services footprint into the Nevada market.
149. South Cortez and Tonkin Property (11/17/2025)
Palisades Goldcorp Ltd. acquired South Cortez and Tonkin Property, expanding its gold mining asset portfolio in strategic Nevada locations.
150. American Lithium Minerals, Inc. (11/21/2025)
Worldwide Diversified Holdings, Inc. of Dover, DE, acquired American Lithium Minerals, Inc. of Las Vegas, NV, positioning itself in the critical battery metals sector amid growing electric vehicle demand.
151. Nevada Hills Gold LLC (11/24/2025)
Americore Resources Corp. acquired Nevada Hills Gold LLC of Las Vegas, NV for $0.31M, expanding its precious metals mining operations in the Nevada gold belt.
152. Two Tv stations (11/25/2025)
King Forward, Inc. of Sunrise, FL, acquired Two Tv stations for $0.14M, expanding its media broadcasting footprint in the television market.
153. 2% NSR royalty on Mt. Hamilton Project (11/26/2025)
Sailfish Royalty Corp. acquired 2% NSR royalty on Mt. Hamilton Project, expanding its portfolio of mining royalty assets.
154. Hycroft Mining Holding Corporation (12/3/2025)
Sprott Mining Inc. acquired Hycroft Mining Holding Corporation of Winnemucca, NV for $24.11M, consolidating its precious metals mining operations in Nevada's established gold and silver district.
155. Silver Park claims (12/3/2025)
Nevada King Gold Corp. acquired Silver Park claims for $0.09M, expanding its mineral exploration portfolio and strengthening its position in precious metals development.
156. Blu Car Wash (12/5/2025)
WOW Wash Midco II LLC of Las Vegas, NV, acquired Blu Car Wash, strengthening its car wash portfolio and expanding its geographic footprint in the automated vehicle cleaning market.
157. Corcoran Canyon Property (12/8/2025)
Undisclosed Buyer acquired Corcoran Canyon Property, expanding its real estate portfolio in the canyon property development sector.
158. Keystone Project (12/9/2025)
Summit Minerals Limited acquired Keystone Project for $1.64M, expanding its mineral exploration portfolio and strengthening its resource development capabilities.
159. Gold Point Project (12/11/2025)
Nelson Resources Limited acquired Gold Point Project for $4.84M, expanding its precious metals exploration portfolio and strengthening its position in the gold mining sector.
160. Six Tungsten Projects (12/15/2025)
Viking Mines Limited acquired Six Tungsten Projects for $2.9M, expanding its critical metals portfolio and strengthening its position in the strategic tungsten mining sector.
161. Sports Attack, LLC (12/15/2025)
Sound Growth Partners of Edmonds, WA, acquired Sports Attack, LLC of Verdi, NV, strengthening its portfolio of sports training and equipment businesses.
162. Ecru Property (12/17/2025)
Québec Nickel Corp. acquired Ecru Property for $0.39M, advancing its mineral exploration portfolio and strategic land position in the nickel sector.
163. Mustang Property (12/18/2025)
Black Mammoth Metals Corporation acquired Mustang Property, expanding its mineral exploration and development portfolio in the metals 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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