June 2025 | Texas 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.
This Month - National Transaction Value ($bn) and Transaction Count
Targets in Texas
Texas - Transaction Value and Count by Month
Texas — Business Sale Overview
In June 2025, Texas-based companies were the target of 53 M&A transactions (52 of which are settled), with notable activity in energy, technology, financials, and industrials, reflecting the state’s diverse economic landscape. High-value deals included Black Lion Citgo Group, LLC’s $8 billion bid for PDV Holding, Inc., DNOW Inc.’s $1.72 billion acquisition of MRC Global Inc., and Glacier Bancorp, Inc.’s $476.15 million purchase of Guaranty Bancshares, Inc., contributing to a total disclosed transaction volume of approximately $11.0 billion. With 14 private equity-backed deals, these transactions highlight Texas’s appeal to both corporate and private equity buyers targeting strategic assets in oil and gas, IT, and financial services.
Texas — Strategic vs. Sponsor-led Activity
Texas — X / Y Plot By Sector
Texas — M&A Segmentation
Texas — Sector Breakdown
Second Level Primary Industry Breakdown
Texas 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. Certain Insurance Assets (06/01/2025)
BroadStreet Partners, Inc. acquired certain insurance assets in Texas from an undisclosed insurance agency on June 1, 2025, enhancing its insurance brokerage services in the financials sector with private equity backing.
2. Pannell Kerr Forster of Texas, P.C. (06/01/2025)
WithumSmith+Brown, PC acquired Pannell Kerr Forster of Texas, P.C. in Houston, TX, on June 1, 2025, expanding its research and consulting services in the industrials sector, integrating 20 partners and 160 team members, without private equity backing.
3. C&D Utility Consulting, LLC (06/02/2025)
Halff Associates, Inc. acquired C&D Utility Consulting LLC in San Antonio, TX, from Romeo Cabrera on June 2, 2025, enhancing its construction and engineering services in the industrials sector, integrating 26 professionals, without private equity backing.
4. Citadel Casing Solutions, LLC (06/02/2025)
Innovex International, Inc. (NYSE:INVX) acquired Citadel Casing Solutions LLC in Houston, TX, for $70 million on June 2, 2025, expanding its steel operations in the materials sector, with 2024 revenue of $70 million, advised by Piper Sandler.
5. R.C. Systems Inc. (06/02/2025)
Detector Electronics Corporation acquired R.C. Systems Inc. in Hitchcock, TX, on June 2, 2025, enhancing its electronic equipment and instruments in the technology sector without private equity backing.
6. Techserv Consulting And Training, Ltd. (06/02/2025)
Bernhard Capital Partners Management, LP acquired Techserv Consulting And Training, Ltd. in Tyler, TX, on June 2, 2025, expanding its construction and engineering services in the industrials sector with private equity backing, advised by Kirkland & Ellis.
7. Axley & Rode, LLP (06/03/2025)
CRI M&A Advisors, LLC acquired Axley & Rode, LLP in Lufkin, TX, on June 3, 2025, enhancing its research and consulting services in the industrials sector without private equity backing.
8. Four AM Stations and Six FM Stations (06/03/2025)
E Radio Network, LLC acquired four AM and six FM stations in Texas from High Plains Radio Network, L.L.C. for $0.7 million on June 3, 2025, expanding its broadcasting operations in the technology sector, pending FCC and Bankruptcy Court approval.
9. Integrated Bionics, Inc. (06/03/2025)
Agile Sports Technologies, Inc. acquired Integrated Bionics, Inc. in Richmond, TX, on June 3, 2025, enhancing its electronic equipment and instruments in the technology sector without private equity backing.
10. Revitalize Skin Care & Aesthetics, PLLC (06/03/2025)
Empower Aesthetics, LLC acquired REVITALIZE SKINMD in Waco, TX, on June 3, 2025, expanding its healthcare services in the healthcare sector with private equity backing, advised by Skytale Group.
11. Southern Vanguard Insurance Company (06/03/2025)
Stonetrust Commercial Insurance Company acquired Southern Vanguard Insurance Company in Austin, TX, on June 3, 2025, expanding its property and casualty insurance in the financials sector, pending regulatory approval, without private equity backing.
12. PowerTransitions LLC (06/04/2025)
Partners Group Holding AG acquired PowerTransitions LLC in Houston, TX, from EnCap Investments L.P. on June 4, 2025, expanding its renewable electricity portfolio in the energy sector with private equity backing and over $450 million in growth capital, advised by Davis Polk.
13. Rubbishinc, LLC (06/04/2025)
redbox+ Dumpsters of Greater Austin acquired Rubbish Inc. in Austin, TX, on June 4, 2025, expanding its diversified support services in the industrials sector without private equity backing.
14. Texas Service Life Insurance Company (06/04/2025)
Federal Life Insurance Company acquired Texas Service Life Insurance Company in Austin, TX, on June 4, 2025, enhancing its life and health insurance services in the financials sector, with George Wise as President, without private equity backing.
15. Fairbanks Logistics Park (06/05/2025)
Hon Hai Precision Industry Co., Ltd. acquired Fairbanks Logistics Park in Texas from Dalfen Industrial LLC on June 5, 2025, expanding its real estate operations in the real estate sector, advised by Stream Realty and Newmark Group.
16. VSSTA, Inc. (06/05/2025)
Greybull Stewardship LLC acquired VSSTA in Willis, TX, on June 5, 2025, enhancing its specialized consumer services in the consumer sector with private equity backing.
17. ATI Jet, Inc. (06/06/2025)
Matt O'Hayer acquired ATI Jet, Inc. in El Paso, TX, from Lyle Byrum on June 6, 2025, expanding its passenger airlines operations in the industrials sector, with O’Hayer as CEO and Byrum as President, without private equity backing.
18. Gear Focus LLC (06/09/2025)
Refocus Marketplace LLC acquired Gear Focus LLC in Austin, TX, on June 9, 2025, enhancing its interactive media and services in the technology sector without private equity backing.
19. Global Footprints Inc. (06/09/2025)
Juan Grobler acquired Global Footprints Inc. in Fort Worth, TX, on June 9, 2025, enhancing its IT consulting services in the technology sector without private equity backing.
20. Jac Security Inc. (06/09/2025)
Security Franchisors, LLC acquired Jac Security Inc. in Friendswood, TX, on June 9, 2025, expanding its security and alarm services in the industrials sector with private equity backing, with Smith as General Manager.
21. Reserve at Westchase (06/09/2025)
DML Capital acquired Reserve at Westchase in Texas from Transwestern Investment Group, LLC on June 9, 2025, expanding its real estate operations in the real estate sector, with financing secured by JLL, without private equity backing.
22. Ainnova Tech (06/10/2025)
Avant Technologies Inc. signed a letter of intent to acquire Ainnova Tech in Houston, TX, on June 10, 2025, enhancing its healthcare technology offerings in the healthcare sector, pending definitive agreement, without private equity backing.
23. Barberio Music Company (06/11/2025)
Kiddleton, Inc. acquired Barberio Music Company in San Antonio, TX, from Ernest John Barberio and Jordan Barberio 2023 Trust on June 11, 2025, expanding its leisure facilities in the consumer sector, with closure expected by July 1, 2025, without private equity backing.
24. Momentum Commerce LLC (06/11/2025)
PMG Worldwide, LLC acquired Momentum Commerce LLC in Fort Worth, TX, on June 11, 2025, enhancing its application software offerings in the technology sector, with John T. Shea leading the Commerce Center of Excellence, without private equity backing.
25. RecordXTechnologies, LLC (06/12/2025)
Datavant, Inc. acquired Keais Records Service, LLC in Houston, TX, from Capstreet and Aquiline Capital Partners on June 12, 2025, enhancing its application software offerings in the technology sector with private equity backing, advised by Houlihan Lokey.
26. eDynamic Holdings, LP (06/13/2025)
Pearson plc signed an agreement to acquire eDynamic Holdings LP in Southlake, TX, on June 13, 2025, enhancing its education services in the consumer sector, with closure expected in H2 2025, advised by Macquarie Capital, without private equity backing.
27. TANYR Healthcare, LLC (06/13/2025)
ACU-Serve, LLC acquired TANYR Healthcare, LLC in Hurst, TX, from Rodney Wright on June 13, 2025, expanding its research and consulting services in the industrials sector with private equity backing, retaining TANYR’s leadership.
28. Tentacle LLC (06/13/2025)
Cytracom LLC acquired Tentacle LLC in Plano, TX, on June 13, 2025, enhancing its systems software offerings in the technology sector with private equity backing, integrating into its Security Risk Management platform.
29. BGSF Professional, LLC/BG Finance and Accounting, Inc. (06/14/2025)
INSPYR Solutions, LLC acquired BGSF Professional, LLC and BG Finance and Accounting, Inc. in Texas for $99 million on June 14, 2025, expanding its unclassified operations in the unclassified sector with private equity backing, advised by Houlihan Lokey, with closure expected in H2 2025.
30. Andromeda Insights (06/17/2025)
Player1 Foundation (B3) acquired Andromeda Insights in Austin, TX, on June 17, 2025, enhancing its technology hardware, storage, and peripherals in the technology sector, led by Matt Huffman, without private equity backing.
31. CEC Facilities Group, LLC (06/17/2025)
Sterling Infrastructure, Inc. (NasdaqGS:STRL) acquired CEC Facilities Group, LLC in Irving, TX, for $590 million on June 17, 2025, expanding its construction and engineering services in the industrials sector, with an $80 million earnout, advised by Jackson Walker, with closure expected in Q3 2025.
32. Employee Incentive Plans, Inc. (06/17/2025)
July Business Services, Inc acquired Employee Incentive Plans, Inc. in Austin, TX, on June 17, 2025, enhancing its unclassified operations in the unclassified sector, advised by Dynasty Investment Bank, without private equity backing.
33. READY SEAL, Inc. (06/17/2025)
RPM International Inc. acquired READY SEAL, Inc. in Lewisville, TX, on June 17, 2025, expanding its forest products in the materials sector with 2024 sales of $45 million, advised by J.P. Morgan, without private equity backing.
34. 40 Pawn Stores (06/18/2025)
EZCORP, Inc. (NASDAQGS:EZPW) acquired 40 pawn stores in Texas from an undisclosed seller on June 18, 2025, expanding its specialty finance services in the financials sector across 13 states in Mexico, without private equity backing.
35. Harmonic Bionics, Inc. (06/18/2025)
Bioness Medical, Inc. acquired Harmonic Bionics, Inc. in Austin, TX, on June 18, 2025, enhancing its healthcare equipment offerings in the healthcare sector without private equity backing.
36. Versa Infrastructure LLC (06/18/2025)
Consor Holdings LLC acquired Versa Infrastructure LLC in Houston, TX, on June 18, 2025, expanding its construction and engineering services in the industrials sector with private equity backing.
37. D. W. Industries, Inc. (06/19/2025)
R&T Holdings Corp. acquired D. W. Industries, Inc. in Houston, TX, on June 19, 2025, expanding its trading and distribution services in the industrials sector, led by Richard Weaver, without private equity backing.
38. NCH Corporation (06/19/2025)
Solenis LLC and The Levy Family acquired NCH Corporation in Irving, TX, from The Levy Family on June 19, 2025, expanding its industrial conglomerates in the industrials sector, with The Levy Family as the largest minority shareholder, with closure expected by end of 2025, advised by Evercore.
39. TrustRadius Inc. (06/19/2025)
HG Insights, Inc. acquired TrustRadius Inc. in Austin, TX, on June 19, 2025, enhancing its interactive media and services in the technology sector with private equity backing.
40. Webb Air Conditioning Company Inc. (06/20/2025)
Chill Brothers, LLC acquired Webb Air Conditioning Company Inc. in Fort Worth, TX, on June 20, 2025, expanding its diversified support services in the industrials sector without private equity backing.
41. Impact BioMedical Inc. (06/21/2025)
Dr. Ashleys Limited acquired Impact BioMedical Inc. (NYSEAM:IBO) in Houston, TX, in a reverse merger on June 21, 2025, enhancing its pharmaceuticals in the healthcare sector, with closure subject to NYSE and SEC approvals, advised by Sichenzia Ross.
42. PDV Holding, Inc. (06/21/2025)
Black Lion Citgo Group, LLC submitted a bid to acquire PDV Holding, Inc. in Houston, TX, from Petróleos de Venezuela, S.A. for $8 billion on June 21, 2025, expanding its oil and gas refining and marketing in the energy sector, with a final hearing set for August 18, 2025.
43. Guaranty Bancshares, Inc. (06/24/2025)
Glacier Bancorp, Inc. (NYSE:GBCI) acquired Guaranty Bancshares, Inc. (NYSE:GNTY) in Addison, TX, for $476.15 million on June 24, 2025, expanding its banking operations in the financials sector, with closure expected in Q4 2025, advised by Stephens Inc.
44. Kellan, Inc. (06/24/2025)
Hi Solutions, Inc. acquired Kelltech Systems in Dallas, TX, on June 24, 2025, enhancing its electronic equipment and instruments in the technology sector without private equity backing.
45. Converge Point, LLC (06/25/2025)
HgCapital LLP unit Ideagen Limited acquired Converge Point Inc. in Katy, TX, on June 25, 2025, enhancing its application software offerings in the technology sector, advised by KPMG Corporate Finance, without private equity backing.
46. DCCM, LLC (06/25/2025)
Court Square Capital Management, L.P. acquired an unknown majority stake in DCCM, LLC in Houston, TX, from White Wolf Capital LLC on June 25, 2025, expanding its construction and engineering services in the industrials sector with private equity backing, advised by Houlihan Lokey.
47. Sandhills Bancshares, Inc. (06/25/2025)
Maverick Bancshares, Inc. acquired Sandhills Bancshares, Inc. in Monahans, TX, on June 25, 2025, expanding its banking operations in the financials sector, with closure expected in Q1 2026, advised by Fenimore Kay Harrison.
48. MRC Global Inc. (06/26/2025)
DNOW Inc. (NYSE:DNOW) acquired MRC Global Inc. (NYSE:MRC) in Houston, TX, for $1.72 billion on June 26, 2025, expanding its trading and distribution services in the industrials sector, with closure expected in Q4 2025, advised by Goldman Sachs.
49. Desert Imaging Services, LP (06/27/2025)
Diagnostic Imaging Centers of Texas acquired Desert Imaging Services, LP in El Paso, TX, on June 27, 2025, expanding its healthcare services in the healthcare sector without private equity backing.
50. The Santa Anna National Bank (06/27/2025)
Coleman Bancshares, Inc. unit Coleman County State Bank acquired The Santa Anna National Bank in Santa Anna, TX, on June 27, 2025, expanding its banking operations in the financials sector, with $63.8 million in assets, costing the FDIC’s Deposit Insurance Fund $23.7 million.
51. Arrowhead Technologies (06/30/2025)
Secur-Serv Inc. acquired Arrowhead Technologies in Fort Worth, TX, on June 30, 2025, enhancing its IT consulting services in the technology sector without private equity backing.
52. Esco Plastics Company (06/30/2025)
Colson Group Holdings, LLC acquired Esco Plastics Company in Magnolia, TX, on June 30, 2025, expanding its unclassified operations in the unclassified sector with private equity backing.
53. HFP Wealth Management, LLC (06/30/2025)
Beacon Pointe Advisors, LLC acquired HFP Wealth Management, LLC in Dallas, TX, on June 30, 2025, expanding its asset management services in the financials sector, advised by DeVoe & Company, without private equity backing.
Buyers in Texas
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.
Texas M&A Overview — Business Sale Activity for M&A Buyers
In June 2025, Texas-based buyers executed 101 M&A transactions, with significant activity in energy, technology, real estate, and healthcare, reflecting Texas’s position as a dynamic economic hub. High-value deals included Flowserve Corporation’s $10.92 billion merger with Chart Industries, Inc., SRS Distribution Inc.’s $5.81 billion acquisition of GMS Inc., and Viper Energy, Inc.’s $4.01 billion purchase of Sitio Royalties Corp., contributing to a total disclosed transaction volume of approximately $21.5 billion. With 22 private equity-backed deals, these transactions underscore Texas’s appeal to corporate and private equity buyers seeking strategic assets in industrials, energy, and technology sectors.
Texas M&A Deal Summaries — Business Sale Activity for M&A Buyers
1. Senior Housing Community in Atlanta (06/01/2025)
Sonida Senior Living, Inc. (NYSE:SNDA) in Dallas, TX, acquired a Senior Housing Community in Atlanta for $11 million on June 1, 2025, expanding its unclassified senior living operations, funded by cash and a credit facility, consisting of 88 units at $125,000 per unit.
2. Adornus Cabinetry, LLC (06/02/2025)
MJB Wood Group, Inc. in Dallas, TX, signed a letter of intent to acquire Adornus Cabinetry, LLC in Lancaster, SC, on June 2, 2025, enhancing its home furnishings operations in the consumer sector, pending customary approvals for June 2025 closure.
3. Area 52 Ltd. (06/02/2025)
Fortifi Food Processing Solutions Inc. in The Woodlands, TX, acquired Area 52 in Moncton on June 2, 2025, strengthening its industrial machinery and supplies in the industrials sector, with employees joining Fortifi’s ownership program, advised by EY-Parthenon.
4. C&D Utility Consulting, LLC (06/02/2025)
Halff Associates, Inc. in Richardson, TX, acquired C&D Utility Consulting LLC in San Antonio, TX, from Romeo Cabrera on June 2, 2025, expanding its construction and engineering services in the industrials sector, integrating 26 professionals.
5. Centennial Optical Limited (06/02/2025)
HOYA Vision Care, North America, Inc. in Lewisville, TX, acquired Centennial Optical Limited in Toronto on June 2, 2025, enhancing its healthcare distributors in the healthcare sector, advised by Ernst & Young.
6. Citadel Casing Solutions, LLC (06/02/2025)
Innovex International, Inc. (NYSE:INVX) in Humble, TX, acquired Citadel Casing Solutions LLC in Houston, TX, for $70 million on June 2, 2025, expanding its steel operations in the materials sector, with 2024 revenue of $70 million, advised by Piper Sandler.
7. Existing MRO and Aircraft Maintenance Facility in Green Bay, Wisconsin (06/02/2025)
Haven MRO in Amarillo, TX, acquired an MRO and Aircraft Maintenance Facility in Green Bay, WI, on June 2, 2025, enhancing its unclassified aviation operations in the unclassified sector without private equity backing.
8. Fifth Eye Inc. (06/02/2025)
AirStrip Technologies, Inc. in San Antonio, TX, acquired Fifth Eye Inc. in Ann Arbor, MI, on June 2, 2025, expanding its healthcare technology offerings in the healthcare sector without private equity backing.
9. Jet Parts (06/02/2025)
DAS Aviation in Cedar Hill, TX, acquired Jet Parts in Collinsville, IL, on June 2, 2025, enhancing its distribution services in the consumer sector, providing airframe repairs and parts services.
10. Surface Pressure Control Business of Baker Hughes Company (06/02/2025)
Cactus Companies, LLC in Marble Falls, TX, acquired a 65% stake in the Surface Pressure Control Business of Baker Hughes Company for $344.5 million on June 2, 2025, enhancing its unclassified operations, with closure expected in H2 2025.
11. American Distributed Computing Corporation, Inc. (06/03/2025)
The 20 MSP Group LLC in Plano, TX, acquired ADC in Dracut, MA, from Jim Considine on June 3, 2025, enhancing its IT consulting services in the technology sector, with Considine in a new role, advised by Pinecrest Capital.
12. Assets Of Acceleration Aviation Underwriters (06/03/2025)
Skyward Specialty Insurance Group, Inc. (NASDAQGS:SKWD) in Houston, TX, acquired assets of Acceleration Aviation Underwriters in Plano, TX, on June 3, 2025, expanding its property and casualty insurance in the financials sector.
13. Certain Assets of Concrete Crushers Inc. (06/03/2025)
Heidelberg Materials US, Inc. in Irving, TX, acquired Certain Assets of Concrete Crushers Inc. on June 3, 2025, enhancing its unclassified construction operations in the unclassified sector without private equity backing.
14. Four AM Stations and Six FM Stations (06/03/2025)
E Radio Network, LLC in Greenville, TX, acquired four AM and six FM stations from High Plains Radio Network, L.L.C. for $0.7 million on June 3, 2025, expanding its broadcasting operations in the technology sector, pending FCC and Bankruptcy Court approval.
15. Huntley-Fenner Advisors, Inc. (06/03/2025)
Rimkus Consulting Group, Inc. in Houston, TX, acquired Huntley-Fenner Advisors, Inc. in Irvine, CA, on June 3, 2025, enhancing its research and consulting services in the industrials sector with private equity backing.
16. Lodging Solutions, LLC (06/03/2025)
Haveli Investment Management LLC in Austin, TX, acquired Lodging Solutions, LLC in Melville, NY, on June 3, 2025, strengthening its application software offerings in the technology sector with private equity backing, advised by J.P. Morgan.
17. Revitalize Skin Care & Aesthetics, PLLC (06/03/2025)
Empower Aesthetics, LLC in Austin, TX, acquired REVITALIZE SKINMD in Waco, TX, on June 3, 2025, expanding its healthcare services in the healthcare sector with private equity backing, advised by Skytale Group.
18. Sitio Royalties Corp. (06/03/2025)
Viper Energy, Inc. (NASDAQGS:VNOM) in Midland, TX, acquired Sitio Royalties Corp. in Denver, CO, for $4.01 billion on June 3, 2025, expanding its oil and gas exploration in the energy sector, with closure expected in Q3 2025, advised by Moelis & Company.
19. The Real and Personal Property Tax Service Lines of The Albano Group (06/03/2025)
Ryan, LLC in Dallas, TX, acquired The Real and Personal Property Tax Service Lines of The Albano Group on June 3, 2025, enhancing its unclassified tax services in the unclassified sector, integrating the Albano team.
20. Chart Industries, Inc. (06/04/2025)
Flowserve Corporation (NYSE:FLS) in Irving, TX, acquired Chart Industries, Inc. in Ball Ground, GA, for $10.92 billion on June 4, 2025, in a merger of equals, expanding its industrial machinery in the industrials sector, with closure expected in Q4 2025.
21. Consumer Agent Portal, LLC (06/04/2025)
NowCerts, LLC in Flower Mound, TX, acquired Consumer Agent Portal, LLC in New Brighton, MN, on June 4, 2025, enhancing its advertising services in the technology sector without private equity backing.
22. Rubbishinc, LLC (06/04/2025)
redbox+ Dumpsters of Greater Austin in Dallas, TX, acquired Rubbish Inc. in Austin, TX, on June 4, 2025, expanding its diversified support services in the industrials sector without private equity backing.
23. FLY KILO CHARLIE, LLC (06/05/2025)
US Aviation Academy in Denton, TX, acquired FLY KILO CHARLIE, LLC in New Century, KS, on June 5, 2025, enhancing its education services in the consumer sector, pending regulatory approvals.
24. Govcomm Inc. (06/05/2025)
VSC Polara LLC in Greenville, TX, acquired Govcomm Inc. in Miami, FL, on June 5, 2025, expanding its electronic equipment and instruments in the technology sector without private equity backing.
25. Intellectual Property and Private Label Brands of Jo-Ann Stores, LLC (06/05/2025)
The Michaels Companies, Inc. in Irving, TX, acquired Intellectual Property and Private Label Brands of Jo-Ann Stores, LLC on June 5, 2025, enhancing its unclassified retail operations in the unclassified sector.
26. Three TV Stations (06/05/2025)
Word of God Fellowship, Inc. in Bedford, TX, acquired three TV stations from Spanish Broadcasting System, Inc. for $6.5 million on June 5, 2025, expanding its broadcasting operations in the technology sector, pending FCC approval.
27. DarkLight, Inc. (06/06/2025)
Liongard Inc. in Houston, TX, acquired DarkLight, Inc. in Redmond, WA, on June 6, 2025, enhancing its systems software offerings in the technology sector, including Cyio technology, without private equity backing.
28. Whitney Park (06/06/2025)
Todd Interests in Dallas, TX, acquired Whitney Park from John Hendrickson on June 6, 2025, expanding its unclassified real estate operations, with closure expected in fall 2025.
29. Gear Focus LLC (06/09/2025)
Refocus Marketplace LLC in Austin, TX, acquired Gear Focus LLC in Austin, TX, on June 9, 2025, enhancing its interactive media and services in the technology sector without private equity backing.
30. Parataxis Capital Management LLC (06/09/2025)
Silver Box Capital LLC in Austin, TX, signed a letter of intent to acquire Parataxis Capital Management LLC in Hoboken, NJ, on June 9, 2025, enhancing its asset management services in the financials sector, advised by Clear Street.
31. Parataxis Holdings LLC (06/09/2025)
SilverBox Corp IV (NYSE:SBXD) in Austin, TX, signed a letter of intent to acquire Parataxis Holdings LLC on June 9, 2025, aiming for a digital asset management platform in the financials sector, pending definitive agreement.
32. Tyner, Jeter Insurance Agency, LLC (06/09/2025)
Artemis Insurance in Houston, TX, acquired Tyner Jeter Insurance in Baton Rouge, LA, on June 9, 2025, expanding its property and casualty insurance in the financials sector, advised by Reagan Consulting.
33. Management Resource Group, LLC (06/10/2025)
EqualizeRCM Services in Austin, TX, acquired Management Resource Group, LLC in Atlanta, GA, on June 10, 2025, enhancing its healthcare services in the healthcare sector without private equity backing.
34. Rn Express Staffing Registry LLC (06/10/2025)
Veranorth Capital Management, LLC in Houston, TX, acquired Rn Express Staffing Registry LLC in New York, NY, on June 10, 2025, expanding its human resource and employment services in the industrials sector.
35. The Country Club of the South/The Manor Golf & Country Club/White Columns Country Club (06/10/2025)
Arcis Golf LLC in Dallas, TX, acquired The Country Club of the South, The Manor Golf & Country Club, and White Columns Country Club in Georgia from Invited USA, Inc. on June 10, 2025, expanding its unclassified leisure operations.
36. Aon’s Cybersecurity & IP Litigation Consulting Groups (06/11/2025)
Levelblue, LLC in Plano, TX, acquired Aon’s Cybersecurity & IP Litigation Consulting Groups in New York, NY, on June 11, 2025, enhancing its IT consulting services in the technology sector, advised by Santander Securities.
37. Barberio Music Company (06/11/2025)
Kiddleton, Inc. in Addison, TX, acquired Barberio Music Company in San Antonio, TX, from Ernest John Barberio and Jordan Barberio 2023 Trust on June 11, 2025, expanding its leisure facilities in the consumer sector, with closure expected by July 1, 2025.
38. Hennessey Group, Inc. (06/11/2025)
Herringbone Digital in Dallas, TX, acquired Hennessey Group, Inc. in North Hollywood, CA, on June 11, 2025, enhancing its advertising services in the technology sector, advised by Kirkland & Ellis.
39. Huggins Actuarial Services, Inc. (06/11/2025)
Lewis & Ellis Inc. in Plano, TX, acquired Huggins Actuarial Services, Inc. in Media, PA, on June 11, 2025, expanding its office services and supplies in the industrials sector without private equity backing.
40. Momentum Commerce LLC (06/11/2025)
PMG Worldwide, LLC in Dallas, TX, acquired Momentum Commerce LLC in Fort Worth, TX, on June 11, 2025, enhancing its application software offerings in the technology sector, with John T. Shea leading the Commerce Center of Excellence.
41. PlayMetrics, LLC (06/11/2025)
SPay, Inc. in Plano, TX, acquired PlayMetrics LLC in Morrisville, NC, on June 11, 2025, expanding its systems software offerings in the technology sector with private equity backing from Genstar Capital, advised by Lazard.
42. The Auto Financing Division of Crescent Bank (06/11/2025)
Arra Finance, LLC in Irving, TX, acquired The Auto Financing Division of Crescent Bank on June 11, 2025, expanding its specialty finance services in the financials sector, servicing an $815 million portfolio, with closure expected in Q3 2025.
43. ThreatQuotient, Inc. (06/11/2025)
Securonix, Inc. in Plano, TX, acquired ThreatQuotient, Inc. in Ashburn, VA, on June 11, 2025, enhancing its systems software offerings in the technology sector with private equity backing, advised by BTIG.
44. HK Dredging LLC (06/12/2025)
Paragon Integrated Services Group LLC in Houston, TX, acquired HK Dredging LLC in The Woodlands, TX, on June 12, 2025, expanding its construction and engineering services in the industrials sector, enhancing Gulf Coast operations.
45. Two Salon Suite Businesses in Indianapolis, Indiana (06/12/2025)
This Propelled Brands, Inc. in Carrollton, TX, acquired Two Salon Suite Businesses in Indianapolis, IN, on June 12, 2025, expanding its unclassified operations in the unclassified sector without private equity backing.
46. Inspire Energy Holdings, LLC (06/13/2025)
Rhythm Energy, Inc. in Houston, TX, acquired Inspire Energy Holdings, LLC in Cherry Hill, CA, on June 13, 2025, expanding its electric utilities portfolio in the energy sector, advised by McGuireWoods.
47. Tentacle LLC (06/13/2025)
Cytracom LLC in McKinney, TX, acquired Tentacle LLC in Plano, TX, on June 13, 2025, enhancing its systems software offerings in the technology sector with private equity backing, integrating into its Security Risk Management platform.
48. The Place at Arroyo Verde (06/13/2025)
Olympus Property Management in Pantego, TX, acquired The Place at Arroyo Verde from MC Companies for $37.5 million on June 13, 2025, expanding its unclassified real estate operations, financed by IPA Capital Markets.
49. 401 Whitney Place in Fremont, California (06/16/2025)
Hines Global Income Trust, Inc. (MutualFund:ZHGI.DX) in Houston, TX, acquired 401 Whitney Place in Fremont, CA, for $27.1 million on June 16, 2025, expanding its unclassified real estate operations, advised by Newmark Group.
50. Amtech Software LLC (06/16/2025)
Vista Equity Partners Management, LLC in Austin, TX, acquired Amtech Software, LLC in Fort Washington, PA, on June 16, 2025, enhancing its application software offerings in the technology sector with private equity backing, advised by Kirkland & Ellis.
51. Continental Disc Corporation, LLC (06/16/2025)
Baker Hughes Company (NasdaqGS:BKR) in Houston, TX, acquired Continental Disc Corporation from Tinicum Incorporated for $540 million on June 16, 2025, expanding its industrial machinery in the industrials sector with private equity backing, with closure expected in Q4 2025.
52. Endeavor Private Wealth, Inc. (06/16/2025)
McCarthy, Rose & Mills, LLP in Dallas, TX, acquired Endeavor Private Wealth, Inc. in Topeka, KS, on June 16, 2025, expanding its asset management services in the financials sector without private equity backing.
53. Maverick Toyota (06/16/2025)
Vaughan Automotive in Houston, TX, acquired Larry H. Miller Toyota Lemon Grove in Lemon Grove, CA, from Asbury Automotive Group on June 16, 2025, expanding its automotive retail in the consumer sector, rebranded as Maverick Toyota, advised by The Presidio Group.
54. Sunrise in Chandler, a 276-unit multifamily community located in Chandler, Arizona (06/16/2025)
Ascent Equity Group LLC in Houston, TX, acquired Sunrise in Chandler, AZ, for $46.5 million on June 16, 2025, expanding its unclassified real estate operations with private equity backing.
55. 5000 South Hulen in Fort Worth, Texas (06/17/2025)
Whitestone REIT (NYSE:WSR) in Houston, TX, acquired 5000 South Hulen in Fort Worth, TX, on June 17, 2025, expanding its unclassified real estate operations in the unclassified sector without private equity backing.
56. CEC Facilities Group, LLC (06/17/2025)
Sterling Infrastructure, Inc. (NasdaqGS:STRL) in The Woodlands, TX, acquired CEC Facilities Group, LLC in Irving, TX, for $590 million on June 17, 2025, expanding its construction and engineering services in the industrials sector, with an $80 million earnout, advised by Jackson Walker.
57. Eastern High Voltage, Inc. (06/17/2025)
Shermco Industries, Inc. in Irving, TX, acquired Eastern High Voltage, Inc. in Robbinsville, NJ, on June 17, 2025, expanding its construction and engineering services in the industrials sector with private equity backing.
58. Employee Incentive Plans, Inc. (06/17/2025)
July Business Services, Inc in Waco, TX, acquired Employee Incentive Plans, Inc. in Austin, TX, on June 17, 2025, enhancing its unclassified operations in the unclassified sector, advised by Dynasty Investment Bank.
59. HeraFem (06/17/2025)
Hera Biotech, Inc. in San Antonio, TX, acquired HeraFem from Hera Diagnostics Corporation on June 17, 2025, enhancing its unclassified healthcare operations in the unclassified sector without private equity backing.
60. Per diem staffing business of Kevala (06/17/2025)
Staffdna LLC in Plano, TX, acquired the per diem staffing business including candidate databases from Kevala Technologies, Inc. on June 17, 2025, enhancing its unclassified staffing operations in the unclassified sector.
61. Sixcel, LLC (06/17/2025)
Newbury Partners LLC in Grapevine, TX, acquired Sixcel, LLC in Hanover, MA, on June 17, 2025, expanding its unclassified operations in the unclassified sector, integrating under the Newbury Partners brand.
62. 40 Pawn Stores (06/18/2025)
EZCORP, Inc. (NASDAQGS:EZPW) in Austin, TX, acquired 40 pawn stores across 13 states in Mexico on June 18, 2025, expanding its specialty finance services in the financials sector without private equity backing.
63. Heritage Home Healthcare Services, Inc. (06/18/2025)
New Day Healthcare LLC in McKinney, TX, acquired Heritage Home Healthcare Services, Inc. in Albuquerque, NM, on June 18, 2025, expanding its healthcare services in the healthcare sector with over 900 caregivers, pending July 2025 closure.
64. Anfield Energy Inc. (06/20/2025)
Uranium Energy Corp. (NYSEAM:UEC) in Corpus Christi, TX, acquired a 14.7% stake in Anfield Energy Inc. in Burnaby for C$19.6 million ($14.23 million USD) on June 20, 2025, increasing its stake to 32.35% in the energy sector’s coal and consumable fuels.
65. Couchbase, Inc. (06/20/2025)
Haveli Investment Management LLC in Austin, TX, acquired Couchbase, Inc. in Santa Clara, CA, for $1.38 billion on June 20, 2025, enhancing its internet services and infrastructure in the technology sector with private equity backing, with closure expected in H2 2025.
66. Demers Braun Crestline Medix (06/20/2025)
J.B. Poindexter & Co., Inc. in Houston, TX, acquired Demers Braun Crestline Medix in Van Wert, OH, on June 20, 2025, expanding its automobile manufacturing in the consumer sector, advised by J.P. Morgan.
67. Scranton Products (06/20/2025)
Sky Island Capital LP in Dallas, TX, acquired Scranton Products from The AZEK Company Inc. on June 20, 2025, expanding its unclassified operations with private equity backing, advised by William Blair.
68. Webb Air Conditioning Company Inc. (06/20/2025)
Chill Brothers, LLC in Spring, TX, acquired Webb Air Conditioning Company Inc. in Fort Worth, TX, on June 20, 2025, expanding its diversified support services in the industrials sector without private equity backing.
69. Facility with a Capacity of Approximately 7.2 Megawatts, Located in Toronto, Canada (06/22/2025)
HIVE Digital Technologies Ltd. (TSXV:HIVE) in San Antonio, TX, signed a purchase agreement to acquire a 7.2 MW facility in Toronto, Canada, on June 22, 2025, enhancing its unclassified operations in the unclassified sector.
70. Americollect, Inc. (06/23/2025)
GetixHealth, LLC in Sugar Land, TX, acquired Americollect, Inc. in Manitowoc, WI, on June 23, 2025, expanding its healthcare services in the healthcare sector with private equity backing, advised by Paul Hastings.
71. Blast Motion, Inc. (06/23/2025)
WIN Reality, Inc. in Austin, TX, acquired Blast Motion, Inc. in San Marcos, CA, on June 23, 2025, enhancing its electronic components in the technology sector without private equity backing.
72. ComTech Energy (06/23/2025)
Freedom CNG Group LLC in Houston, TX, acquired ComTech Energy in Milton on June 23, 2025, expanding its construction and engineering services in the industrials sector with private equity backing, with James Ro as Chief Commercial Officer.
73. Fresca Mexican Foods, LLC (06/23/2025)
C.H. Guenther & Son LLC in San Antonio, TX, acquired Fresca Mexican Foods, LLC in Caldwell, ID, on June 23, 2025, expanding its packaged foods and meats operations in the consumer sector with private equity backing.
74. Gallo Mechanical Services, LLC (06/23/2025)
Citation Capital Management, LLC in Dallas, TX, acquired an unknown majority stake in Gallo Mechanical Services, LLC in New Orleans, LA, on June 23, 2025, expanding its unclassified operations with private equity backing, advised by Kirkland & Ellis.
75. Our Body Electric, Inc. (06/23/2025)
Dear Media, LLC in Austin, TX, acquired Our Body Electric, Inc. in Brooklyn, NY, on June 23, 2025, enhancing its interactive media and services in the technology sector with private equity backing.
76. Vaya Technologies Inc. (06/23/2025)
Fundbox, Inc. in Plano, TX, acquired Vaya Technologies Inc. in New York, NY, from Ankit Singh and Soham Sen on June 23, 2025, enhancing its internet services and infrastructure in the technology sector, with founders taking leadership roles.
77. Bridgewater Group Inc. (06/24/2025)
Trinity Consultants, Inc. in Dallas, TX, acquired Bridgewater Group Inc. in Tigard, OR, on June 24, 2025, expanding its environmental and facilities services in the industrials sector with private equity backing, retaining the leadership team.
78. SiteSpect, Inc. (06/24/2025)
Monetate, Inc. in Dallas, TX, acquired SiteSpect, Inc. in Auburndale, MA, on June 24, 2025, enhancing its application software offerings in the technology sector with private equity backing, supported by a $30 million loan from o15 Capital.
79. Substantially all of the assets of recreational vehicle dealership of Lazydays RV (06/24/2025)
Ron Hoover RV & Marine Centers in Katy, TX, acquired substantially all assets of a recreational vehicle dealership from Lazydays RV Of Oklahoma, LLC for $2.1 million on June 24, 2025, expanding its unclassified retail operations, pending regulatory approvals.
80. The Headquarters Group, Inc. (06/24/2025)
THC Therapeutics, Inc. (OTCPK:THCT) in Jacksboro, TX, acquired The Headquarters Group, Inc. in Medford, OR, for $11 million in an all-share transaction on June 24, 2025, expanding its pharmaceuticals in the healthcare sector.
81. Performance Engineering, Inc. (06/25/2025)
Lehigh Defense, LLC in Clarksville, TX, acquired Performance Engineering, Inc. in Omaha, NE, from the Narzinski Family on June 25, 2025, expanding its construction and engineering services in the industrials sector without private equity backing.
82. Relay International Inc. (06/25/2025)
LongFi Solutions, Inc. in Houston, TX, acquired Relay Platform Inc. in Dover, DE, on June 25, 2025, enhancing its insurance technology offerings in the financials sector, operating as a standalone API product.
83. Sandhills Bancshares, Inc. (06/25/2025)
Maverick Bancshares, Inc. in Fort Worth, TX, acquired Sandhills Bancshares, Inc. in Monahans, TX, on June 25, 2025, expanding its banking operations in the financials sector, with closure expected in Q1 2026, advised by Fenimore Kay Harrison.
84. The Marena Group, LLC (06/25/2025)
CenterGate Capital, L.P. in Austin, TX, acquired an unknown minority stake in The Marena Group, LLC in Lawrenceville, GA, on June 25, 2025, expanding its apparel and luxury goods in the consumer sector with private equity backing, advised by Akerman.
85. MRC Global Inc. (06/26/2025)
DNOW Inc. (NYSE:DNOW) in Houston, TX, acquired MRC Global Inc. in Houston, TX, for $1.2 billion on June 26, 2025, expanding its trading and distribution services in the industrials sector, with closure expected in Q4 2025, advised by Goldman Sachs.
86. Nine Property Portfolio in El Paso, TX (06/26/2025)
MIMCO, LLC in El Paso, TX, acquired a Nine Property Portfolio in El Paso, TX, from River Oaks Properties, Ltd. for $17 million on June 26, 2025, expanding its unclassified real estate operations in the unclassified sector.
87. Rapid Track Service, Inc. (06/26/2025)
American Track in Fort Worth, TX, acquired Rapid Track Service, Inc. in Tyrone, GA, from Shannon and Brandi Shockley on June 26, 2025, expanding its highways and railtracks services in the industrials sector.
88. Twelve Consulting Group, Inc. (06/26/2025)
Argano LLC in Plano, TX, acquired Twelve Consulting Group, Inc. in Minneapolis, MN, on June 26, 2025, enhancing its IT consulting services in the technology sector, advised by Kirkland & Ellis.
89. World Trade Labs, Inc. (06/26/2025)
Equal Platform Solutions, Inc. in Austin, TX, acquired World Trade Labs, Inc. in Short Hills, NJ, on June 26, 2025, enhancing its insurance technology offerings in the financials sector with private equity backing.
90. Wright Technology Group, LLC (06/26/2025)
CMIT Solutions, LLC in Austin, TX, acquired Wright Technology Group, LLC in Taunton, MA, on June 26, 2025, expanding its IT consulting services in the technology sector with private equity backing.
91. Desert Imaging Services, LP (06/27/2025)
Diagnostic Imaging Centers of Texas in Houston, TX, acquired Desert Imaging Services, LP in El Paso, TX, on June 27, 2025, expanding its healthcare services in the healthcare sector without private equity backing.
92. Four industrial properties located in West Chester Township and Hebron (06/27/2025)
Swift Creek Real Estate Partners LLC in Dallas, TX, acquired four industrial properties in West Chester Township and Hebron from Blackstone Real Estate Income Trust, Inc. for $44.8 million on June 27, 2025, expanding its unclassified real estate operations.
93. The Santa Anna National Bank (06/27/2025)
Coleman Bancshares, Inc. unit Coleman County State Bank in Coleman, TX, assumed all deposits and assets of The Santa Anna National Bank in Santa Anna, TX, on June 27, 2025, expanding its banking operations in the financials sector, with $63.8 million in assets.
94. Avana Desert View community in Scottsdale, Arizona (06/30/2025)
Knightvest Fund II LP managed by Knightvest Capital in Dallas, TX, acquired Avana Desert View community in Scottsdale, AZ, on June 30, 2025, expanding its unclassified real estate operations in the unclassified sector.
95. Csrs, Inc. (06/30/2025)
Westwood Professional Services, Inc. in Plano, TX, acquired Csrs, Inc. in Baton Rouge, LA, on June 30, 2025, expanding its construction and engineering services in the industrials sector with private equity backing, advised by Lawson & Weitzen.
96. GMS Inc. (06/30/2025)
SRS Distribution Inc. in McKinney, TX, acquired GMS Inc. in Tucker, GA, for $4.2 billion on June 30, 2025, expanding its trading and distribution services in the industrials sector, with closure expected by January 31, 2026, advised by Jefferies.
97. Heritage Plaza, a 341-unit Apartment Complex at 227 Dwyer Avenue, San Antonio, Texas (06/30/2025)
Roscoe Property Management in Austin, TX, acquired Heritage Plaza, a 341-unit Apartment Complex in San Antonio, TX, from Cypress Real Estate Advisors, Inc. in June 2025, expanding its unclassified real estate operations, financed by PCCP.
98. Now CFO, LLC (06/30/2025)
CenterOak Partners LLC in Dallas, TX, acquired an unknown majority stake in Now CFO, LLC in Salt Lake City, UT, on June 30, 2025, expanding its research and consulting services in the industrials sector with private equity backing.
99. Park Center Office Building in Plano, Texas (06/30/2025)
Shaddock National Holdings in Plano, TX, acquired Park Center Office Building in Plano, TX, from Innovatus Capital Partners, LLC on June 30, 2025, expanding its real estate operations with private equity backing.
100. People in Progress Global, Inc. (06/30/2025)
Worksmith, Inc. in Austin, TX, acquired Progress Retail in Chicago, IL, on June 30, 2025, enhancing its unclassified retail operations in the unclassified sector, with Riley as Vice President of Retail.
101. Ring-O-Matic, Inc. (06/30/2025)
Alamo Group Inc. (NYSE:ALG) in Seguin, TX, acquired Ring-O-Matic, Inc. in Pella, IA, from Brian Metcalf on June 30, 2025, expanding its industrial machinery and supplies in the industrials sector without private equity backing.
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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