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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-03-20 Advanced AgProtection
Business Services
Amarillo, Texas
www.aapcrop.com

Advanced AgProtection specialized Crop Managing General Agent. The AAP team is comprised of industry veterans with longstanding relationships and a proven track record in the Crop insurance sector.

Add-on Acquisition

Palomar
Company
Insurance
La Jolla, California
www.plmr.com

-
2025-03-19 OnlineMedEd
Education
Austin, Texas
www.onlinemeded.com

OnlineMedEd is a provider of medical education curriculum and supplemental education solutions designed to support students and medical schools alike. OnlineMedEd is based in Austin, Texas.

Add-on Acquisition

Archer Review
Company
Education
Dallas, Texas
www.archerreview.com

-
Deal Link  
2025-03-18 Aspen Manufacturing
Manufacturing
Humble, Texas
www.aspenmfg.com

Aspen Manufacturing is a coil manufacturer, that offers a broad range of residential and light commercial evaporator coils, coils and blowers for manufactured homes, air handlers, and line sets and is sold throughout the United States and Canada by wholesalers and distributors. Aspen utilizes state-of-the-art fabrication and assembly equipment as well as stringent quality inspections to maintain the highest possible quality in all its products. Aspen Manufacturing is based in Humble, Texas.

Add-on Acquisition
Value

$314

CSW Industrials
Company
Diversified
Dallas, Texas
www.cswindustrials.com

-
Deal Article Deal Link  
2025-03-18 OTR Fleet Service
Automotive
Houston, Texas
www.otrfleetservice.com

OTR Fleet Service provides professional repair services, ensuring optimal performance and efficiency for fleet, heavy-duty, and medium-duty. OTR Fleet Service is based in Houston, Texas.

Add-on Acquisition

FleetPride
Company
Distribution
Irving, Texas
www.fleetpride.com

-
Deal Article Deal Link  
2025-03-17 poppi
Beverages
Austin, Texas
www.drinkpoppi.com

poppi is a prebiotic soda brand that combines prebiotics and fruit juice to create a deliciously refreshing, mouthwatering low-calorie soda with no more than 5 grams of sugar per serving. The company's brand-first approach, cultural cache, and rapid growth have nurtured an incredibly loyal community, including celebrity fans. It is available in 14 delicious flavors Strawberry Lemon, Raspberry Rose, Orange, Ginger Lime, Watermelon, Cherry Limeade, Grape, Wild Berry, Classic Cola, Root Beer, Doc Pop, Lemon Lime, Orange Cream and Cherry Cola. poppi is based in Austin, Texas.

Advisors: Cooley , Goldman Sachs
Add-on Acquisition
Value

$1,950

PepsiCo
Company
Beverages
Purchase, New York
www.pepsico.com

Advisors: Cravath, Swaine & Moore , J.P. Morgan Securities , Centerview Partners

-
Deal Article Deal Link  
2025-03-17 Xpediant Digital
Information Technology
Houston, Texas
www.xpediantdigital.com

Xpediant Digital provides content supply chain automation solutions, helping organizations streamline content creation, compliance, and delivery across multiple channels. With proprietary solutions that integrate seamlessly with leading content management and regulatory platforms, the company enables faster approvals, improved efficiency, and greater content reusability for life sciences and pharmaceutical companies. Leveraging AI-driven automation, intelligent workflows, and integration technologies empowers organizations to enhance content velocity and ensure compliance in a complex regulatory landscape. Xpediant Digital is based in Houston, Texas.

Add-on Acquisition

Qualified Digital
Company
Digital Media
Berkeley, California
www.qualifiedigital.com

-
Deal Link  
2025-03-14 Equus Energy
Oil/Gas Exploration
Houston, Texas

Equus Energy is a developer of upstream oil and gas assets. Equus Energy is based in Houston, Texas.

Add-on Acquisition
Value

$1

North American Energy Opportunities
Company
Oil/Gas Exploration
New York, New York
www.northamericanenergyopportunities.com

-
Deal Article Deal Link  
2025-03-13 Dark Report
Information Services
Spicewood, Texas
www.darkintelligencegroup.com

Dark Report provides strategic information and training to independent lab companies, hospitals, health systems, and pathology group practices. Dark Report was founded in 1995 and is based in Spicewood, Texas.

Add-on Acquisition

LabX Media Group, Inc.
Company
Information Services
Midland, Ontario
www.labxmediagroup.com

-
Deal Article Deal Link  
2025-03-13 Redhawk Digital Solutions
Information Technology
Southlake, Texas
www.redhawkdigital.ai

Redhawk Digital Solutions specializes in custom Microsoft .NET development and ERP integrations on Azure, providing tailored application solutions for commercial customers across industries. Redhawk Digital Solutions is based in Southlake, Texas.

Add-on Acquisition

eGroup
Company
Information Technology
Mount Pleasant, South Carolina
www.egroup-us.com

-
Deal Article Deal Link  
2025-03-12 Source
Communications
Lenexa, Texas
www.sourceinc.com

Source is a technology solutions provider specializing in wireless networking, IoT, and POTS replacement services. Source was founded in 2004 and is based in Lenexa, Texas.

Add-on Acquisition

Industrial Networking Solutions
Company
Information Technology
Richardson, Texas
www.industrialnetworking.com

-
Deal Article Deal Link  
2025-03-11 VitalTech
Information Technology
Carrollton, Texas
www.vitaltech.com

VitalTech provides fully integrated digital health solutions and smart biomedical wearables that provide real-time remote patient monitoring. VitalTech was founded in 2019 and is based in Carrollton, Texas.

Advisor: Hyde Park Capital
Add-on Acquisition

CoachCare
Company
Internet Software and Services
New York, New York
www.coachcare.com

-
Deal Article Deal Link  
2025-03-11 Kipi.ai
Information Technology
Houston, Texas
www.kipi.ai

Kipi.ai is a provider of data modernization and democratization services focused on the Snowflake platform. Kipi provides strategy, execution, and managed service capabilities across data engineering, advanced analytics, and data science. Kipi.ai was founded in 2021 and is headquartered in Houston, Texas.

Add-on Acquisition

WNS
Company
Business Services
Mumbai, India
www.wns.com

-
Deal Article Deal Link  
2025-03-11 Zdscada
Internet Software and Services
Tyler, Texas
home.zdscada.com

Zdscada is a provider of cloud-based solutions, that empower oilfield operators with real-time monitoring, control, and reporting capabilities. Zdscada is based in Tyler, Texas.

Advisors: Troutman Pepper Hamilton Sanders , PPHB
Add-on Acquisition

Quorum Software
Company
Software
Houston, Texas
www.quorumsoftware.com

-
Deal Article Deal Link  
2025-03-11 IPeople Healthcare
Software
Lewisville, Texas
www.ipeople.com

IPeople Healthcare provides business continuity and data accessibility solutions that ensure seamless, uninterrupted access to EHR data for providers. IPeople Healthcare is based in Lewisville, Texas.

Add-on Acquisition

RLDatix
Company
Internet Software and Services
Chicago, Illinois
www.rldatix.com

-
Deal Article Deal Link  
2025-03-11 Choice Specialty Pharmacy
Retail
Sugar Land, Texas
www.choicespecialtypharmacy.com

Choice Specialty Pharmacy is a provider of specialized pharmacy services based in Sugar Land, Texas.

Add-on Acquisition

Better Choice
Company
Consumer Services
Tampa, Florida
www.betterchoicecompany.com

-
2025-03-10 Cavern Solutions
Engineering
Houston, Texas
www.cavernsolutions.com

Cavern Solutions is an engineering and consulting firm in the storage and disposal industry. It has provided expert services in salt cavern storage, reservoir storage, and disposal, serving clients with a focus on quality and reliability. Cavern Solutions was founded in 2015 and is based in Houston, Texas.

Add-on Acquisition

Subterra Engineering
Company
Engineering
Calgary, Alberta
www.subterraengineering.ca

-
Deal Article Deal Link  
Avg $1,313
13.4x EBITDA
2.4x REVENUE

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