Q3 2026 | 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.
Nevada — Business Sale Overview
In Q3 2026, Nevada-based target companies recorded 35 M&A transactions with approximately $355.92 million in aggregate disclosed value across 10 disclosed-value entries. This line-item count also includes mining claims, exploration projects, royalties, an energy project, and businesses whose Nevada qualification requires verification. Mineral assets dominated the supplied transaction classifications, accounting for 22 entries, alongside activity in consumer businesses, financial and support services, and energy and software. Corporate and operating buyers featured prominently, with participation from Nevada-based entities, buyers elsewhere in the United States, and foreign acquirers. The file does not establish sponsor ownership sufficiently to quantify private equity participation. The breadth of entries supports a diversified seller and asset-transfer market, although this dataset extends well beyond conventional whole-company exits.
The largest disclosed transaction was Travel + Leisure Co.’s acquisition of Las Vegas-based Yes& Companies, LLC for $193 million, representing 54.2% of aggregate disclosed value; the remaining disclosed transactions totaled approximately $162.92 million. Vireo Growth Inc.’s agreement to acquire Las Vegas-based Planet 13 Holdings Inc. carried a column-reported value of approximately $99.20 million, adding a cannabis business subject to required approvals. Together, those two transactions accounted for approximately $292.20 million. Mineral-sector transactions included Elko-based Nevada Gold Mines LLC’s agreement to acquire interests in four gold exploration projects for $23.15 million and Sentinel Metals Limited’s acquisition of the Big Springs Project in Nevada for approximately $18.72 million, completed in August. These transactions added exploration interests and project holdings, while the pending CID HoldCo–Envoy reverse merger, involving Las Vegas-based CID, carried a reported value of approximately $13.01 million. Several column values differ from narrative consideration figures, as detailed below.
For business owners and sponsors evaluating Nevada exits, the quarter illustrates participation across operating-company acquisitions, regulated mergers, and mineral and infrastructure asset transactions. Buyer reach extended across domestic and international markets, but disclosed value was concentrated in a small number of transactions. With 25 entries lacking disclosed values and several involving staking, partial interests, or pending agreements, these totals provide a view of transaction composition rather than a basis for inferring valuation multiples or changes in market activity.
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.
Big Springs Project (7/2/2026)
Sentinel Metals Limited of Subiaco, Australia, acquired the Big Springs Project in Nevada from Capricorn Metals Limited for approximately $18.72 million, adding a Nevada gold project to its portfolio; the acquisition closed on August 26, 2026.Benchstrength Vcfo Inc. (7/6/2026)
HC Global Fund Services, LLC of San Francisco, CA, acquired Benchstrength Vcfo Inc. in Nevada.Two royalties in Nevada (7/13/2026)
Gold Royalty Corp. of Vancouver, Canada, acquired two Nevada royalties for $80,000, adding a 2.00% net smelter return royalty on Sterling and a 0.50% royalty on portions of Granite Creek.Additional Claims (7/14/2026)
Golden Metals Resources LLC of Las Vegas, NV, acquired additional mining claims in Nevada through staking, expanding the claim position adjacent to the Pilot North project in Mineral County.Additional Claims (7/14/2026)
Golden Metal Resources LLC of Las Vegas, NV, acquired additional claims associated with the Garfield Project in Nevada through staking, adding to its mineral exploration holdings.Twenty Mining Claims (7/14/2026)
Guardian Metal Resources PLC of London, United Kingdom, acquired twenty mining claims in Nevada through staking, expanding its position at the Cinch Project.White Elephant Project (7/14/2026)
Golden Metals Resources LLC of Las Vegas, NV, acquired the White Elephant Project in Elko County, NV, through staking, adding a mineral exploration project to its portfolio.36 Claims (7/15/2026)
London BTC Company Limited of Tortola, British Virgin Islands, acquired 36 mining claims in Nevada through staking, expanding its Black Star project holdings.Yes& Companies, LLC (7/15/2026)
Travel + Leisure Co. of Orlando, FL, acquired Yes& Companies, LLC of Las Vegas, NV, for $193 million, adding the business to its corporate portfolio.Rooinek Mining Corp (7/16/2026)
Copper One Resources Corp. of Vancouver, Canada, agreed to acquire Rooinek Mining Corp of Carson City, NV, for approximately $5.94 million, gaining exposure to the Sport Project’s 108 mining claims in western Utah.44 Claims (7/20/2026)
Toogood Gold Corp. of Vancouver, Canada, staked 44 additional mining claims in Lincoln County, NV, expanding its Table Mountain Gold-Silver Project.Additional Ten Claims (7/20/2026)
Sunrise Resources plc of Macclesfield, United Kingdom, acquired ten additional claims in Nevada through staking, adding to its mineral exploration holdings.Additional 106 claims (7/23/2026)
Sun Silver Limited of East Perth, Australia, acquired 106 additional claims in Nevada through staking, expanding its Maverick Project holdings.Bayan Springs North Project (7/23/2026)
Sun Silver Resources LLC acquired the Bayan Springs North Project in Nevada from Bayan Mining and Minerals Ltd for approximately $572,000, adding a silver exploration project to its portfolio; the acquisition closed on August 26, 2026.Catena Operations Ltd. (7/27/2026)
Vectiq Inc. of Carson City, NV, acquired PlayCanada.com from Catena Media US, Inc., associated in the dataset with Catena Operations Ltd. of Las Vegas, NV, adding the website to its portfolio.Planet 13 Holdings Inc. (7/27/2026)
Vireo Growth Inc. of Minneapolis, MN, agreed to acquire Planet 13 Holdings Inc. of Las Vegas, NV, for approximately $99.20 million, adding a cannabis business to its platform, subject to stockholder, securities, and regulatory approvals.Additional Six Claims (7/29/2026)
ICG Silver & Gold Ltd. of Vancouver, Canada, acquired six additional mining claims, listed in the dataset as Nevada assets, through staking, adding to its gold exploration holdings.Four gold exploration projects (8/4/2026)
Nevada Gold Mines LLC of Elko, NV, agreed to acquire interests in four gold exploration projects in Nevada for $23.15 million, adding the Swift and Black Ridge earn-in interests and full ownership of Bell Creek and Atlas.Project dynamics (8/6/2026)
Krowdsourced Inc. of Portland, OR, acquired Project dynamics of Las Vegas, NV, adding a diversified support services business to its portfolio.Jupiter Project (8/13/2026)
Newmont USA Limited of Greenwood Village, CO, agreed to earn a 75% interest in the Jupiter Project in Nevada from Headwater Gold Inc. through an earn-in and joint venture arrangement, gaining exposure to the gold exploration project over a stated ten-year period.Irwin Project (8/17/2026)
Skyline Builders Group Holding Limited of Kowloon Bay, Hong Kong, acquired the Irwin Project in Nye County, NV, adding a gold exploration asset to its portfolio.Mill Creek Project (8/17/2026)
Skyline Builders Group Holding Limited of Kowloon Bay, Hong Kong, acquired the Mill Creek Project in Nevada from Paramount Gold Nevada Corp, adding a gold exploration project to its portfolio.Greater Nevada Credit Union (8/24/2026)
America First Federal Credit Union of Riverdale, UT, agreed to acquire Greater Nevada Credit Union of Carson City, NV, through a merger, adding a Nevada credit union to its operations, subject to regulatory approvals and customary closing conditions.Railroad Valey Property (8/24/2026)
Pure Energy Minerals Limited of Vancouver, Canada, signed a letter of intent to acquire the Railroad Valey Property in Nevada from Ameriwest Critical Metals Inc. for approximately $1.45 million, adding a prospective mineral property to its portfolio if completed.32 Additional Claims (9/1/2026)
Renegade Exploration Limited of West Perth, Australia, acquired 32 additional mining claims, listed in the dataset as Nevada assets, through staking, expanding its Caisson Project holdings.43 Claims (9/1/2026)
Oreterra Metals Corp. of Burlington acquired 43 mining claims in Mineral County, NV, through staking, expanding its Kinkaid property holdings.Truly Beauty inc. (9/1/2026)
Dollar Shave Club, Inc. of Durham, NC, acquired Truly Beauty inc., listed in the dataset as based in Lewes, NV, adding a beauty brand while preserving both brands’ distinct identities and audiences.Surveillance Systems Integration, LLC (9/8/2026)
Convergint Technologies LLC of Hoffman Estates, IL, acquired Surveillance Systems Integration, LLC of Las Vegas, NV, adding an electronic equipment and instruments business to its portfolio.Bc Wire Rope & Rigging (9/9/2026)
American Equipment Holdings of Salt Lake City, UT, acquired Bc Wire Rope & Rigging, listed in the dataset as based in Anaheim, NV, adding a wire rope and rigging business to its portfolio.Serpent Project (9/10/2026)
Orogen Royalties Inc. of Vancouver, Canada, acquired the Serpent Project in central Nevada, adding a gold exploration project to its portfolio.205 Claims (9/14/2026)
Highway 50 Gold Corp. of Vancouver, Canada, acquired 205 mining claims in Nevada through staking, expanding its Gold Knob Project holdings.JoyPak Supply LLC (9/15/2026)
Cheetah Net Supply Chain Service Inc. of Irvine, CA, agreed to acquire JoyPak Supply LLC in Nevada for $788,000, purchasing the sellers’ combined 100% membership interest to establish a wholly owned subsidiary, subject to closing conditions.2.8GWAmargosa Project (9/16/2026)
Longroad Development Company, LLC of Boston, MA, agreed to acquire the 2.8 GW Amargosa Energy Center in Nevada from Nevada Power Company, adding a renewable electricity project to its development portfolio.CID HoldCo, Inc. (9/16/2026)
Envoy Technologies, Inc. of Culver City, CA, entered into binding principal terms for a reverse merger with CID HoldCo, Inc. of Las Vegas, NV, with a reported transaction value of approximately $13.01 million, bringing Envoy into the listed company through CID’s proposed acquisition of all Envoy shares.144 Additional Mining Claims (9/24/2026)
Bison Resources Limited of East Perth, Australia, staked 144 additional mining claims in Elko County, NV, expanding its Bald Peaks Project.
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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