| Date | Target |
Transaction Type Value: $mlns |
Acquirer | Seller | ||
|---|---|---|---|---|---|---|
| 2025-12-22 |
Conservice
Internet Software and Services River Heights, Utah www.conservice.com Conservice is a utility and billing management company that provides software and service solutions for over 1.6 million units in the rental housing industry. Conservice’s unique services include sending each tenant in a housing unit a single bill that encompasses rent, utilities, and any extra charges. Conservice was founded in 2000 and is based in River Heights, Utah. Advisors: Goodwin Procter , Goldman Sachs , Evercore Group |
Secondary Buyout |
TPG
|
TA Associates
Advent International
|
||
| Deal Article Deal Link | ||||||
| 2025-12-22 |
United Utility
Utilities Charlotte, North Carolina www.unitedutility.com United Utility is a utility services company focused on building a platform of providers with specialized expertise in underground power transmission and distribution services. United Utility is based in Charlotte, North Carolina. Advisor: Harris Williams |
Secondary Buyout |
Sandbrook Capital
|
Bernhard Capital Partners
|
||
| Deal Article Deal Link | ||||||
| 2025-12-18 |
Vital Delivery Solutions
Transportation Williston, Vermont www.shipvds.com Vital Delivery Solutions is a provider of same-day and next-day delivery solutions serving. The company provides cost-effective and efficient transportation solutions for mission-critical customer delivery and delivery needs across a wide range of markets, including healthcare networks, medical facilities and laboratories, pharmacies, blood banks, banking, critical parts, and next flight out shipments. Vital Delivery Solutions was founded in 1987 and is based in Williston, Vermont. Advisor: BellMark Partners |
Secondary Buyout |
Copley Equity Partners
|
River Birch Partners
|
||
| Deal Article Deal Link | ||||||
| 2025-12-18 |
Lettermen's Energy
Distribution Overland Park, Kansas www.lettermensenergy.com Lettermen's Energy is a consolidator of independent propane retail distributors across the U.S. with a focus on operations in the Midwestern and Western portions of the country. Lettermen's Energy was founded in 2021 and is based in Overland Park, Kansas. |
Secondary Buyout |
Revelar Capital
|
CID Capital
|
||
| Deal Article Deal Link | ||||||
| 2025-12-17 |
PairSoft
Software Miami, Florida www.pairsoft.com PairSoft provides procure-to-pay automation, helping businesses optimize their AP workflows with AI-powered solutions and seamless ERP integrations. PairSoft is based in Miami, Florida. Advisor: Deutsche Bank Corporate & Investment Banking |
Secondary Buyout |
TA Associates
|
Turn/River
|
||
| Deal Article Deal Link | ||||||
| 2025-12-16 |
Service Logic
Business Services Charlotte, North Carolina www.servicelogic.com Service Logic is an independent provider of aftermarket maintenance, repair, and replacement services for commercial HVAC equipment, chilled water systems, and building automation and control systems. Service Logic was formed in 1945 and is based in Denver, Colorado. Advisors: Goldman Sachs , Harris Williams |
Secondary Buyout |
Bain Capital Private Equity
|
Leonard Green & Partners
|
||
| Deal Article Deal Link | ||||||
| 2025-12-16 |
USA Industries
Manufacturing South Houston, Texas www.usaindustries.com USA Industries is a manufacturer of piping maintenance products, serving blue-chip refining, petrochemical, chemical, industrial, OEM, engineering, procurement, and construction customers. USA Industries was founded in 1982 and is headquartered in South Houston, Texas. Advisors: Jones Day , Piper Sandler & Co. |
Secondary Buyout |
Levine Leichtman Capital Partners
|
Sky Island Capital
Barings Private Equity
|
||
| Deal Article Deal Link | ||||||
| 2025-12-15 |
Asurint
Internet Software and Services Cleveland, Ohio www.asurint.com Asurint is a proprietary, and cloud-based database of criminal records. Asurint provides background screening and services that are delivered faster, more accurately, and at a lower cost than competitors. Asurint is based in Cleveland, Ohio. Advisors: Sidley , Baird |
Secondary Buyout |
Alvarez & Marsal Capital
|
Guidepost Growth Equity
|
||
| Deal Article Deal Link | ||||||
| 2025-12-10 |
Hunter Communications
Communications Central Point, Oregon www.hunterfiber.com Hunter Communications is a provider of high bandwidth data and voice service to businesses and homes throughout southern Oregon and parts of northern California. Hunter Communications was founded in 1992 and is based in Central Point, Oregon. |
Secondary Buyout |
Oak Hill Capital
|
Grain Management
|
||
| Deal Article Deal Link | ||||||
| 2025-12-09 |
Enviromatic Systems
Business Services Grand Prairie, Texas www.enviromaticsystems.com Enviromatic Systems provides building automation and energy-management solutions. The company specializes in the design, installation, and servicing of BACnet-based DDC control systems that help commercial, healthcare, education, and government clients improve comfort, reduce energy consumption, and enhance operational efficiency. Enviromatic Systems is based in Grand Prairie, Texas. Advisor: Guggenheim Securities |
Secondary Buyout |
Wind Point Partners
|
Audax Private Equity
|
||
| Deal Article Deal Link | ||||||
| 2025-12-09 |
Xanitos
Business Services Newtown Square, Pennsylvania www.xanitos.com Xanitos is a provider of outsourced hospital housekeeping services across the United States. Its services include daily and post-discharge cleaning of patient rooms, cleaning and maintenance of flooring in common areas and passageways, and responding to situational cleaning needs. Xanitos was founded in 2008 and is based in Newtown Square, Pennsylvania. Advisors: Simpson Thacher & Bartlett , Solomon Partners |
Secondary Buyout |
Bessemer Investors
Stellus Capital Management
MidCap Financial
|
Angeles Equity Partners
Stellus Capital Management
|
||
| Deal Article Deal Link | ||||||
| 2025-12-08 |
United Flow Technologies
Business Services Irving, Texas www.uft.com United Flow Technologies is a platform established to invest in the municipal and industrial water and wastewater market. UFT partners with equipment providers to provide world-class products, efficient solutions, and valuable services to municipalities and industrial customers across the United States. United Flow Technologies is based in Irving, Texas. Advisors: King & Spalding , Solomon Partners , Harris Williams |
Secondary Buyout |
Berkshire Partners
H.I.G. Private Equity
|
H.I.G. Private Equity
|
||
| Deal Article Deal Link | ||||||
| 2025-12-04 |
Reel Power International
Machinery Oklahoma City, Oklahoma www.reelpower.com Reel Power International supplies industrial- and energy-sector equipment for reeling, spooling, coiling, and winding flexible materials such as cable, wire, hose, tubing, and pipe. The Company’s offerings include both standard and custom machines (take-up/pay-out units, turntables, spooling machines, coiling systems, trailers, winches, and specialized equipment for marine/offshore, oil & gas, cable & fiber-optic, and manufacturing industries). Reel Power provides design, engineering, manufacturing as well as field support and consulting aiming to improve safety, efficiency, and reduce operational risk and downtime for clients. Reel Power International was formed in 1948 and is based in Oklahoma City, Oklahoma. Advisor: Mesirow Financial |
Secondary Buyout |
StoneTree Investment Partners
|
Dubin Clark
Convergent Capital Partners
ZJM Equity
Praesidian Capital
|
||
| Deal Article Deal Link | ||||||
| 2025-12-01 |
Agape Care Group
Healthcare Services Spartanburg, South Carolina www.agapecaregroup.com Agape Care Group is a hospice, palliative, and pediatric comfort care provider expanding across the Southeast region. Agape Care Group was founded in 1997 and is based in Spartanburg, South Carolina. |
Secondary Buyout |
Linden Capital Partners
|
Antares Capital
Ridgemont Equity Partners
Audax Private Debt
|
||
| Deal Article Deal Link | ||||||
| 2025-11-18 |
Azul Systems
Software Sunnyvale, California www.azul.com Azul Systems provides Java runtime and virtual machine software for enterprise applications, with the platform offering improved performance, security and cloud-deployment capabilities for Java environments. Azul Systems was founded in 2002 and is based in Sunnyvale, California. Advisors: Kirkland & Ellis , Guggenheim Securities |
Secondary Buyout |
Thoma Bravo
Vitruvian Partners
Lead Edge Capital
|
Vitruvian Partners
Lead Edge Capital
|
||
| Deal Article Deal Link | ||||||
| 2025-11-12 |
MetroStar
Information Technology Reston, Virginia www.metrostar.com MetroStar is a provider of secure digital transformation and Artificial Intelligence (AI)-enabled solutions, specializing in delivering cutting-edge IT services to government agencies and defense organizations. MetroStar was founded in 1999 and is based in Reston, Virginia. Advisors: Holland & Knight , KippsDeSanto |
Secondary Buyout |
Veritas Capital
|
Blue Delta Capital Partners
|
||
| Deal Article Deal Link | ||||||
| Avg |
$970
16.7x EBITDA 3.3x REVENUE |
|||||
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