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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-12-23 Groebl Brothers
Financial Services
Leawood, Kansas
www.groeblbrothers.com

Groebl Brothers is a financial services firm that provides wealth management, retirement plan consulting, and fiduciary investment advisory services. Groebl Brothers was founded in 2010 and is based in Leawood, Kansas.

Add-on Acquisition

United Capital Financial Advisors
Company
Business Services
Irving, Texas
www.unitedcapitalwealth.com

-
Deal Article Deal Link  
2025-12-22 Conway Bank
Financial Services
Conway Springs, Kansas
www.conwaybank.net

Conway Bank provides comprehensive financial solutions tailored to meet the diverse needs of both individual customers and business clients. Conway Bank is based in Conway Springs, Kansas.

Advisors: Stinson , Olsen Palmer
Add-on Acquisition

The First Security Bank
Company
Financial Services
Overbrook, Kansas
www.firstsecurityks.com

Advisor: King & Spalding

-
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
Investor
www.revelarcapital.com

CID Capital
Investor
Private Equity Firm
Carmel, Indiana
www.cidcap.com

Deal Article Deal Link  
2025-12-09 Debrick Truck Line
Transportation
Paola, Kansas
www.debricktruckline.com

Debrick Truck Line is a US-based trucking and freight-transportation company that offers a range of shipping services, including dry-van, flatbed, step-deck, double-drop/RGN (removable gooseneck), power-only, and covered “Conestoga” loads enabling transport of general freight, heavy equipment, and oversized items. Debrick Truck Line is based in Paola, Kansas.

Add-on Acquisition

PGT Trucking, Inc.
Company
Transportation
Monaca, Pennsylvania
www.pgttrucking.com

-
Deal Article Deal Link  
2025-12-01 Wilson GMC
Automotive
El Dorado, Kansas
www.dutchmillerofeldorado.com

Wilson GMC is an automobile dealership that sells and services GMC vehicles. Wilson GMC offers new and used vehicle inventory, parts, and maintenance services. Wilson GMC is based in El Dorado, Kansas.

Divestiture

Wilson Auto Family
Company
Automotive
Stillwater, Oklahoma

Dutch Miller
Company
Automotive
Huntington, West Virginia
www.dutchmillerauto.com

Deal Article Deal Link  
2025-11-24 Clarity Performance Solutions
Business Services
Overland Park, Kansas
www.clarityperformance.solutions

Clarity Performance Solutions provides business-process outsourcing services focused on healthcare payers and third-party administrators (TPAs), offering claims management, contact-centre services, member engagement and predictive-analytics support. Clarity Performance Solutions was founded in 2011 and is headquartered in Overland Park, Kansas.

Divestiture

MDI NetworX
Company
Information Technology
Baltimore, Maryland
www.mdinetworx.com

Cobalt Health Solutions
Company
Healthcare Services
Kansas City, Missouri
www.cobalths.com

Deal Article Deal Link  
2025-11-19 Bank of the Plains' Lakin Branch
Financial Services
Lakin, Kansas

Bank of the Plains' Lakin Branch offers full-service community banking services to clients.

Divestiture

Dream First Bank
Company
Financial Services
Syracuse, Kansas
www.dreamfirst.bank

Advisor: Hunton Andrews Kurth

Bank of the Plains
Company
Financial Services
Plains, Kansas
www.bankoftheplains.com

Deal Article Deal Link  
2025-11-17 Coffman Associates
Aerospace
Overland Park, Kansas
www.coffmanassociates.com

Coffman Associates specialises in airport planning and associated environmental and noise/land use studies. Coffman Associates was founded in 1979 and is based in Overland Park, Kansas.

Add-on Acquisition

Pape-Dawson Engineers
Company
Engineering
San Antonio, Texas
www.pape-dawson.com

-
Deal Article Deal Link  
2025-11-17 GuideTech
Information Technology
Kansas City, Kansas
www.guide.tech

GuideTech helps aerospace firms, particularly startups, build unmanned systems such as UAVs, missiles, satellites, and launch vehicles. They offer a stack of products, including flight software (FLEX), simulation tools, and an AI-empowered avionics system called BRAIN, alongside engineering services for design, integration, and testing. GuideTech is based in Kansas City, Kansas.

Add-on Acquisition

Palladyne AI
Company
Machinery
Salt Lake City, Utah
www.palladyneai.com

-
Deal Article Deal Link  
2025-11-17 Superior Boiler
Machinery
Hutchinson, Kansas
www.superiorboiler.com

Superior Boiler is a manufacturer of industrial and commercial steam and hot-water boilers, including firetube, watertube, condensing and modular boiler systems, and associated boiler-room equipment. Superior Boiler was founded in 1917 and is based in Hutchinson, Kansas.

Add-on Acquisition

Watts
Company
Manufacturing
North Andover, Massachusetts
www.watts.com

-
Deal Article Deal Link  
2025-11-12 Huerter Lawn Care
Environmental
Shawnee, Kansas
www.huerterlawncare.com

Huerter Lawn Care provides lawn-care services, including fertilisation, weed control, aeration, seeding, and tree and shrub care to residential properties in the Kansas City metro area. Huerter Lawn Care is based in Shawnee, Kansas.

Add-on Acquisition

Senske
Company
Business Services
Coppell, Texas
www.senskefamilyofcompanies.com

-
Deal Article Deal Link  
2025-10-16 George King Bio-Medical
Medical Products
Overland Park, Kansas
www.kingbiomed.com

George King Bio-Medical is a provider of hemostasis diagnostic products with close ties to the bleeding disorders community. George King Bio-Medical was founded in 1973 and is based in Overland Park, Kansas.

Add-on Acquisition

Precision BioLogic
Company
Medical Products
Dartmouth, Nova Scotia
www.precisionbiologic.com

-
Deal Article Deal Link  
2025-10-14 Family Features
Marketing
Mission, Kansas
www.familyfeatures.com

Family Features is a branded content and distribution known for connecting brands with publishers and audiences through credible, engaging storytelling. Family Features is based in Mission, Kansas.

Add-on Acquisition

4media Group, Inc.
Company
Marketing
Bentonville, Arkansas
www.4media-group.com

-
Deal Article Deal Link  
2025-10-14 American Trailer Pros
Automotive
Mission, Kansas
www.americantrailerpros.com

American Trailer Pros specializes in cargo trailers, utility trailers, and custom trailer solutions. American Trailer Pros is based in Mission, Kansas.

Add-on Acquisition

Wow Cargo Trailers
Company
Automotive
Cochran, Georgia
www.wowcargo.com

-
Deal Article Deal Link  
2025-10-02 Weber Refrigeration & Heating
Business Services
Dodge City, Kansas
www.weberorange.com

Weber Refrigeration & Heating is a full-service HVACR company rooted in western Kansas. It provides residential and commercial HVAC, industrial and commercial refrigeration, commercial kitchen equipment, building automation systems, geothermal solutions, and water-heater services. Weber Refrigeration & Heating is based in Dodge City, Kansas.

Add-on Acquisition

Flow Service Partners
Company
Business Services
Mount Juliet, Tennessee
www.flowservice.com

-
Deal Article Deal Link  
2025-10-01 Ethos Medical Staffing - Certain Assets
Staffing
Lenexa, Kansas

Ethos Medical Staffing's certain assets includes a robust database of allied professionals and travel nurses, as well as candidates currently on assignment.

Divestiture

StaffDNA
Company
Internet Software and Services
Plano, Texas
www.staffdna.com

Ethos Medical Staffing
Company
Internet Software and Services
Lenexa, Kansas
www.ethosmedicalstaffing.com

Deal Article Deal Link  
Avg $1,335
22.7x EBITDA
2.6x REVENUE

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