April 2025 | Nevada M&A Insights

Nevada Deal TrendsPrivate Market InsightsBusiness Sales
Written By William & Wall

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.

April 2025 - National Transaction Value ($bn) and Transaction Count

Targets in Nevada

Nevada - Transaction Value and Count by Month

Nevada — Business Sale Overview

In April 2025, Nevada’s M&A landscape featured 15 transactions targeting companies within the state, spanning sectors such as industrials, technology, media, and telecommunications, health care, consumer goods, and materials. Notable deals included BRAYN Consulting LLC in Reno acquired by Ryan, LLC on April 1 to enhance research and consulting services, Truckee-Tahoe Lumber Company in Truckee acquired by Builders FirstSource, Inc. on April 7 to bolster trading operations, and Cimarron Project in Elko targeted by ACME Lithium Inc. to expand gold mining activities. Robust M&A industry mix reflects Nevada’s growing appeal as a target market for strategic acquisitions, particularly in mining and professional services, despite limited disclosed values. Transaction count improved 15% MoM and 25% YoY.

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. BRAYN Consulting LLC (April 1, 2025)

    • Ryan, LLC in Dallas, TX acquired BRAYN Consulting LLC, enhancing its research and consulting services in the industrials sector with Chief Executive Officer Brady Bryan joining as Principal to lead tax incentives.

  2. Encore Group Of Professions LLC (April 4, 2025)

    • Young and Associates, LLC in St. Louis, MO acquired Encore Group Of Professions LLC, strengthening its construction and engineering operations in the industrials sector with private equity support.

  3. Climate Engine, Inc. (April 7, 2025)

    • Earth Finance, Inc. in Seattle, WA acquired Climate Engine, Inc., expanding its application software capabilities in the technology, media, and telecom sector with a focus on environmental analytics.

  4. Open Access BPO LLC (April 7, 2025)

    • TDCX Inc. acquired Open Access BPO, enhancing its data processing services in the industrials sector with robust legal and financial advisory support to optimize outsourcing solutions.

  5. Truckee-Tahoe Lumber Company (April 7, 2025)

    • Builders FirstSource, Inc. in Dallas, TX acquired Truckee-Tahoe Lumber Company, bolstering its trading companies operations in the industrials sector with a family-owned asset integration.

  6. 47 Federal Unpatented Claims (April 8, 2025)

    • Black Mammoth Metals Corporation acquired 47 federal unpatented claims, expanding its gold mining operations in the materials sector with a staking transaction in the Island Mountain district.

  7. Stewart Electric LLC (April 9, 2025)

    • Loenbro, LLC in Westminster, CO acquired Stewart Electric LLC, enhancing its construction and engineering services in the industrials sector with private equity backing for infrastructure growth.

  8. Cimarron Project (April 10, 2025)

    • ACME Lithium Inc. agreed to acquire a 90% stake in Cimarron Project for $0.18 million, strengthening its gold mining operations in the materials sector with full operational control until a Preliminary Economic Assessment.

  9. Cimarron Project (April 10, 2025)

    • Crestview Exploration Inc. acquired Cimarron Gold Project from Gold Royalty Corp. for $200,000, expanding its gold mining assets in the materials sector with a strategic property acquisition.

  10. Coal Canyon Property (April 14, 2025)

    • Antelope Creek Gold Corporation acquired a 100% interest in the Coal Canyon gold property for C$500,000, enhancing its gold mining operations in the materials sector with a lease-to-purchase agreement.

  11. BMM International, LLC (April 15, 2025)

    • The Visualize Group LP in New York, NY agreed to acquire BMM International, LLC, aiming to bolster its IT consulting services in the technology, media, and telecom sector with retained leadership.

  12. Jimmys Wool, LLC (April 16, 2025)

    • Premier Needle Arts Inc. in Seattle, WA acquired Jimmys Wool, LLC, strengthening its apparel retail operations in the consumer sector with Chief Executive Officer Laura Zander joining as Chief Brand Officer.

  13. Reliable Circuits, Inc (April 16, 2025)

    • Carbon Block Technology, Inc. acquired Reliable Circuits, Inc, enhancing its electronic manufacturing services in the technology, media, and telecom sector with a focus on circuit technology.

  14. ABC Therapy, LLC (April 24, 2025)

    • Vegas Stronger acquired ABC Therapy, expanding its health care services in the health care sector with a strategic move to improve therapeutic offerings in the region.

  15. Mary's Gone Crackers, Inc. (April 30, 2025)

    • Rosseau Incorporated acquired Mary's Gone Crackers, Inc., strengthening its packaged foods production in the consumer sector with a debt-equity swap to integrate sustainable snack brands.

Buyers in Nevada

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.

Nevada M&A Overview — Business Sale Activity for M&A Buyers

In April 2025, Nevada buyers completed 6 M&A transactions across technology, media, health care, industrials, and real estate. Key deals included 3G Productions LLC in Las Vegas acquiring Switch Video on April 1, Kingsbarn Realty Capital, LLC in Las Vegas buying 1601 Vine Street for $105 million on April 2, and Vegas Stronger in Las Vegas acquiring ABC Therapy on April 24.

Nevada M&A Deal Summaries — Business Sale Activity for M&A Buyers

  1. Switch Video (April 1, 2025)

    • 3G Productions LLC in Las Vegas, NV acquired Switch Video, enhancing its movies and entertainment services in the technology, media, and telecom sector with the retention of the leadership team for continuity.

  2. 1601 Vine Street in Los Angeles, California (April 2, 2025)

    • Kingsbarn Realty Capital, LLC in Las Vegas, NV acquired 1601 Vine Street for $105 million, strengthening its unclassified real estate portfolio with a cash-funded property investment supported by mortgage financing.

  3. Westaire Heating & Air Conditioning, Inc. (April 3, 2025)

    • Silver State Refrigeration & Hvac, LLC in Las Vegas, NV acquired Westaire Heating & Air Conditioning Inc., expanding its construction and engineering services in the industrials sector with a focus on HVAC expertise.

  4. Reliable Circuits, Inc (April 16, 2025)

    • Carbon Block Technology, Inc. in Las Vegas, NV acquired Reliable Circuits, Inc, enhancing its electronic manufacturing services in the technology, media, and telecom sector with a strategic focus on circuit production.

  5. Nmg Long Beach, LLC (April 21, 2025)

    • SGC Retail Partners LLC in Las Vegas, NV entered a purchase agreement to acquire Nmg Long Beach, LLC for $0.86 million, expanding its drug retail operations in the consumer sector with a phased equity transfer.

  6. ABC Therapy, LLC (April 24, 2025)

    • Vegas Stronger in Las Vegas, NV acquired ABC Therapy, strengthening its health care services in the health care sector with a strategic move to improve therapeutic offerings in the local market.

M&A Segmentation — Glossary:

  1. M&A – Whole: The acquisition of 100% ownership of a target company, giving the buyer full control.

  2. M&A – Asset: The purchase of specific assets, such as mineral rights or property, without acquiring the entire company.

  3. M&A – Minority: The acquisition of a non-controlling stake, typically under 50%.

  4. 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:

  1. Transaction Value: Represents the total consideration paid for a transaction, including net debt only if assumed, capturing the full financial scope of the deal.

  2. Deal Value: Focuses solely on the consideration paid for the equity acquired, excluding net debt, to reflect the cost of ownership.

  3. 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.

  4. 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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March 2025 | Nevada M&A Insights