Recent Acquisitions in California

Acquisition Volume in in California by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Recent Acquisitions in California. 1123 2022 719 2023 781 2024 851 2025 ~854 est. 220 2026
Actual Full-year estimate
  • Buyer
    voAIce Corporation
    Target
    TheCRM Corporation
    Industry
    Software
    Type
    Buyout

    voAIce Corporation announced it has acquired TheCRM Corporation to unify TheCRM’s live dealership data infrastructure with voAIce’s AI into a single intelligence platform for retail dealerships. DealerCRM is expected to continue operating as a foundation within the voAIce platform, with OliviaAI integrated to act on dealership data in real time.

  • Buyer
    Merit Medical Systems
    Target
    View Point Medical, Inc.
    Industry
    Medical Devices
    Type
    Buyout

    Merit Medical Systems acquired View Point Medical, Inc. in a transaction valued at approximately $140 million to expand its therapeutic oncology portfolio. Under the terms of the deal, Merit will pay $90 million in cash at closing plus two additional $25 million payments due on the first and second anniversaries, and View Point will become a wholly owned subsidiary of Merit.

  • Buyer
    Guardian Capital Partners
    Target
    Nügredient Solutions
    Seller
    Bob Farinha (co-founder and CEO; retains ownership stake)
    Industry
    Food & Beverage
    Type
    Buyout

    Guardian Capital Partners has completed the acquisition of Nügredient Solutions, a Modesto, California-based developer and manufacturer of specialty nut-based and plant-based ingredient solutions. Co-founder and CEO Bob Farinha retains a meaningful ownership stake and continues to lead the company’s operations and executive team.

  • Buyer
    Franklin Templeton
    Target
    250 Digital
    Seller
    CoinFund Management LLC
    Type
    Buyout

    Franklin Templeton has agreed to acquire 250 Digital’s liquid cryptocurrency strategies and investment team from CoinFund’s spinoff. The firm is launching a new division, Franklin Crypto, to expand its institutional crypto investment management capabilities and will close in the second calendar quarter of 2026, subject to customary conditions.

  • Buyer
    Apella Wealth, Wealth Partners Capital Group
    Target
    Financial Connections Group, Financial Connections Group, Inc.
    Type
    Buyout

    Apella Wealth announced that Financial Connections Group has joined the firm in a deal that closed on April 1, 2026. Financial Connections, a fee-only fiduciary financial planning and investment management firm based in Larkspur, California, will add planning expertise and team members to Apella’s West Coast footprint, bringing Apella’s AUM to approximately $10.5 billion at closing.

  • Buyer
    Bank of Hope (Hope Bancorp, Inc.)
    Target
    Commercial Banking Unit (CBU) of SMBC MANUBANK
    Seller
    SMBC MANUBANK, SMBC Americas Holdings, Inc., Sumitomo Mitsui Banking Corporation (SMBC)
    Type
    Buyout

    Bank of Hope, a subsidiary of Hope Bancorp, entered into a definitive agreement to acquire the Commercial Banking Unit (CBU) of SMBC MANUBANK in an all-cash transaction. The deal is expected to close in the second half of 2026, subject to regulatory approvals, and will expand Hope’s commercial banking footprint in Greater Los Angeles and its service for Japanese and Korean clients in the United States.

  • Buyer
    Inszone Insurance Services
    Target
    Onstad's Insurance Agency
    Type
    Buyout

    Inszone Insurance Services announced the acquisition of Onstad's Insurance Agency, an independent insurance agency located in San Ramon, California. The deal is intended to preserve Onstad's longstanding Bay Area legacy while retaining staff and maintaining client relationships in the East Bay.

  • Buyer
    Plancorp Wealth Management
    Target
    Regency Investment Advisors
    Type
    Buyout

    Plancorp Wealth Management acquired Regency Investment Advisors in what it described as the first major acquisition in its 40+ year history. The deal adds roughly $1 billion in client assets under management and brings 14 professionals from Fresno, California into Plancorp’s integrated West Coast platform.

  • Buyer
    Allvia, Trinity Hunt Partners
    Target
    HR Pals
    Type
    Addon

    Allvia, backed by Trinity Hunt Partners, announced its acquisition of HR Pals, an outsourced HR administration and employee support services provider. The deal is intended to expand Allvia’s integrated workforce services platform spanning HR administration, benefits administration, compliance support, and workforce strategy.

  • Buyer
    Constellation Brands
    Target
    HOPWTR
    Industry
    Food & Beverage
    Type
    Buyout

    Constellation Brands has signed an agreement to acquire the remaining interest in HOPWTR, a non-alcoholic sparkling beverage brand made with hops, adaptogens, and nootropics. The deal is expected to close in early April 2026, and HOPWTR will continue operating as it does today with its team involved in guiding future growth.

  • Buyer
    Lunai Bioworks, Inc. (NASDAQ: LNAI)
    Target
    Clemann Group, SAS (or its assignee) — BBB delivery technology and CNS Alzheimer’s drug assets
    Seller
    Clemann Group, SAS
    Industry
    Biotechnology
    Type
    Buyout

    Lunai Bioworks executed a binding $20 million strategic transaction to acquire blood-brain barrier (BBB) delivery technology and CNS Alzheimer’s drug assets from the Clemann Group, SAS (or its assignee). The deal is structured as Series B Convertible Preferred with a fixed $1.50 conversion price and is intended to strengthen Lunai’s CNS Alzheimer's pipeline while enabling development across other CNS disorders.

  • Buyer
    Merck
    Target
    Terns Pharmaceuticals
    Industry
    Biotechnology
    Type
    Buyout

    Merck has agreed to acquire Terns Pharmaceuticals for approximately $6.7 billion to accelerate its expansion in blood cancer treatments, particularly chronic myeloid leukemia. The deal centers on Terns’ lead asset, TERN-701, an investigational oral allosteric BCR::ABL1 inhibitor currently in Phase 1/2, with the transaction expected to close in the second quarter of 2026 subject to approvals.

  • Buyer
    Collectly
    Target
    Pledge Health
    Type
    Buyout

    Collectly, an AI-powered patient financial experience platform for healthcare providers, acquired Pledge Health to add an AI workflow engine for pre-service financial workflows. The combined platform targets agentic RCM from front to back, automating high-friction steps such as coverage verification, cost estimates, financial clearance, and upfront payment collection.

  • Buyer
    SoftBank Robotics America
    Target
    Green Clean Commercial
    Type
    Buyout

    SoftBank Robotics America has acquired Green Clean Commercial to scale “physical AI” and accelerate the transformation of commercial facility services. The combined offering will be organized under SoftBank Robotics America’s Smart Building X (SBX) platform, with Green Clean Commercial continuing as the operational service engine inside SBX.

  • Buyer
    Advent International
    Target
    Salt & Stone
    Seller
    Humble Growth
    Type
    Buyout

    Advent International has signed a definitive agreement to acquire a majority stake in Salt & Stone, a Los Angeles-based premium body care brand. The deal is expected to close in April, subject to customary closing conditions, and aims to accelerate Salt & Stone’s global expansion and direct-to-consumer capabilities.

  • Buyer
    Rootstock Software
    Target
    Ascent Solutions
    Industry
    Software
    Type
    Buyout

    Rootstock Software announced it has acquired Ascent Solutions, a provider of Salesforce-native ERP and operational applications. The deal is intended to deepen Rootstock’s Salesforce-native ERP capabilities—especially for manufacturers and distributors—and expand end-to-end operational execution across sales, service, and finance.

  • Buyer
    CrossCountry Mortgage
    Target
    Summit Funding
    Type
    Buyout

    CrossCountry Mortgage entered into an agreement to acquire Summit Funding, a privately held mortgage banker and servicer headquartered in Sacramento, California. The companies say the combination will expand scale and geographic reach while giving Summit Funding’s loan originators more tools, technology, and growth opportunities.

  • Buyer
    I-Pulse
    Target
    CSI Technologies
    Type
    Buyout

    I-Pulse, a pulsed power technology company, announced it acquired CSI Technologies, a Vista, California-based manufacturer of high-energy, high-voltage capacitors for industrial, medical, and defense applications. The acquisition is intended to expand I-Pulse’s U.S. manufacturing capabilities, strengthen the supply chain, and speed development and deployment of pulsed power technologies through integrated capacitor design and production expertise.

  • Buyer
    AeroVironment, Inc.
    Target
    Empirical Systems Aerospace, Inc. (ESAero)
    Type
    Buyout

    AeroVironment (AV) announced it has acquired Empirical Systems Aerospace, Inc. (ESAero) in a transaction valued at approximately $200 million, including about $160 million in stock and the remainder in cash. The deal is expected to be accretive to adjusted EBITDA in the first year post-close and positions ESAero’s AS9100-certified California facilities as a center of excellence for advanced prototyping and manufacturing.

  • Buyer
    eTip Inc.
    Target
    Shiny Solutions Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    eTip Inc. announced it has acquired Shiny Solutions Inc., adding workforce technology modules including employee engagement, recruitment, scheduling, and performance-based recognition to its digital tipping and gratuity management platform. The combined platform expands eTip beyond gratuity enablement into end-to-end workforce optimization for hospitality operators, supported by eTip AI analytics to improve retention and guest satisfaction.

  • Buyer
    Zenobē, KKR, Infracapital
    Target
    Revolv
    Seller
    GDEV Management
    Industry
    Energy
    Type
    Buyout

    Zenobē, a global fleet electrification company, is expanding into U.S. electric truck operations by acquiring California-based Revolv. The deal adds 13 operational sites and 100-plus electric trucks in California and brings Revolv’s commercial fleet electrification expertise to Zenobē’s North American platform.

  • Buyer
    Kyuden International Corporation, Kyuden International Americas, Inc.
    Target
    IHI Power Services Corp.
    Industry
    Energy
    Type
    Buyout

    IHI Power Services Corp. (IPSC) has entered into an agreement to be acquired by Kyuden International Corporation, through its U.S. subsidiary Kyuden International Americas, Inc., pending customary regulatory approvals and closing conditions. The combination is intended to expand IPSC’s U.S. operations and maintenance, asset management, and technical/compliance capabilities and accelerate Kyuden’s first O&M-focused investment in the United States.

  • Buyer
    Sounds Great Holdings, LLC
    Target
    Royer Labs
    Industry
    Manufacturing
    Type
    Buyout

    Royer Labs, a manufacturer of ribbon microphones, was acquired by Sounds Great Holdings, LLC. Royer Labs will continue operating from its Burbank, California headquarters, with plans to expand global sales and invest in product development.

  • Buyer
    Webflow
    Target
    Vidoso.ai
    Type
    Buyout

    Webflow announced it has acquired Vidoso.ai, a Bay Area-based multi-modal AI asset generation startup. Webflow said the deal will strengthen its agentic web marketing platform by integrating Vidoso’s AI agents and technology to generate brand-aligned visual and video assets within governed marketing workflows.

  • Buyer
    Sierra Railroad Company, Ridgewood Infrastructure
    Target
    Central Valley Ag Transport
    Industry
    Transportation
    Type
    Addon

    Sierra Railroad Company, a portfolio company of Ridgewood Infrastructure, acquired Central Valley Ag Transport (CVAT). The acquisition strengthens Sierra’s short line rail platform by vertically integrating agricultural transload capabilities serving customers along Sierra Northern Railway’s network in California. Financial terms were not disclosed.

  • Buyer
    Lyten
    Target
    Northvolt Revolt Ett battery recycling facility (Revolt Ett)
    Seller
    Northvolt
    Industry
    Energy
    Type
    Buyout

    Lyten announced it has entered into a binding agreement to acquire Northvolt’s Revolt Ett battery recycling facility in Skellefteå, Sweden. The company plans to integrate recycling into its expanding Skellefteå industrial hub and create a vertically integrated battery ecosystem (manufacturing, research, and materials recovery), with the deal expected to close in the second quarter of 2026. Financial terms were not disclosed.

  • Buyer
    Hill & Smith PLC
    Target
    Freeberg Industrial Fabrication Corp.
    Type
    Buyout

    Hill & Smith PLC has agreed to acquire Freeberg Industrial Fabrication Corp. for an initial cash consideration of $36 million for 80% of its equity. The deal is subject to U.S. regulatory approvals and includes potential additional payments for the remaining 20% via profitability-based earn-out terms through December 31, 2031, with earn-out capped at $50 million.

  • Buyer
    Alsco Uniforms
    Target
    Advanced Linen Service
    Type
    Buyout

    Alsco Uniforms acquired Advanced Linen Service, a regional uniform and linen laundry provider serving California’s Bay Area, Central Valley, and Monterey Bay. The deal is intended to strengthen Alsco’s footprint across Northern and Central California and enhance service capabilities for local customers, with customers expected to experience a seamless transition and no disruption.

  • Buyer
    Invisible Technologies
    Target
    WeCP
    Type
    Buyout

    Invisible Technologies entered into an agreement to acquire WeCP, an AI-native technical assessment and intelligence platform. The deal will bring WeCP’s rigorously validated evaluation frameworks and assessment infrastructure into Invisible’s AI training platform, Meridial, to improve expert validation for high-precision AI workflows.

  • Buyer
    MedImpact Holdings, Inc.
    Target
    MHW Benefit Partners (formerly SRS Benefit Partners), MSL Captive Solutions
    Type
    Buyout

    MedImpact Holdings, Inc. announced the acquisition of two employer insurance and risk management firms: MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions. The deals expand MedImpact’s portfolio of modular care and coverage options for small and mid-sized employers by adding captive program formation and medical stop-loss capabilities.

  • Buyer
    VLS Environmental Solutions
    Target
    IDR Environmental Services
    Seller
    Dawn DeVroom (Former Owner/COO, IDR Environmental Services)
    Type
    Buyout

    VLS Environmental Solutions announced it has acquired IDR Environmental Services, a Los Angeles-area provider of hazardous and non-hazardous waste solutions. The deal expands VLS’s West Coast waste management logistics and processing network and adds capacity via IDR’s 10-day hazardous waste transfer facility in Azusa, California.

  • Buyer
    Laura Schneider, Tim Schneider, Schneider Publishing Company
    Target
    Palisadian-Post
    Type
    Buyout

    The Palisadian-Post, a historic local newspaper serving Pacific Palisades, California, has been acquired by Laura Schneider and Tim Schneider. The new owners plan to relaunch it as a digital-first, multimedia communications platform focused on independent and fact-checked journalism and rebuilding local community connections after the area’s fire.

  • Buyer
    Anduril Industries
    Target
    ExoAnalytic Solutions
    Type
    Buyout

    Anduril Industries signed a definitive agreement to acquire ExoAnalytic Solutions, a space domain awareness and missile defense company. The deal is intended to expand Anduril’s space defense capabilities by integrating ExoAnalytic’s telescope sensor network and analytics with Anduril’s autonomy, AI, and command-and-control technologies.

  • Buyer
    W.W. Williams
    Target
    Valley Power Systems, Inc.
    Type
    Addon

    W.W. Williams announced the acquisition of Valley Power Systems, Inc., expanding its California footprint. The deal adds Allison Transmission distribution as well as power generation and industrial field service capabilities across key California markets.

  • Buyer
    BKF Engineers
    Target
    Lotus Water
    Type
    Addon

    BKF Engineers announced the acquisition of Lotus Water, a water resources and climate resilience engineering firm. The deal expands BKF’s water-focused capabilities in areas such as stormwater management, flood resilience, climate adaptation, green infrastructure, and integrated water systems planning.

  • Buyer
    Luminii, The Cambria Group
    Target
    Alva Lighting
    Industry
    Manufacturing
    Type
    Addon

    Luminii, backed by private equity firm The Cambria Group, quietly acquired Alva Lighting, a California maker of indoor and outdoor wall sconces. The transaction appears to be another buy-and-build add-on to Luminii’s growing portfolio of architectural lighting brands.

  • Buyer
    Ridgewood Infrastructure
    Target
    Sierra Railroad Company, Central Valley Ag Transport (CVAT)
    Industry
    Transportation
    Type
    Addon

    Ridgewood Infrastructure acquired a controlling interest in California-based shortline rail platform Sierra Railroad Company. Simultaneously, Sierra acquired Central Valley Ag Transport (CVAT) to vertically integrate agricultural transload capabilities, and the transaction includes Sierra’s hydrogen locomotive subsidiary Railpower, Inc.

  • Buyer
    FFL Partners, Pioneer HOA
    Target
    Western-focused full-service HOA property management company (name not disclosed)
    Industry
    IT Services
    Type
    Addon

    FFL Partners launched Pioneer HOA, a new holding platform intended to consolidate and scale homeowners association (HOA) property management companies across the United States. The platform will support acquired regional HOA management firms with technology-driven tools, operational support, and AI-enabled capabilities, while allowing them to maintain local brands.

  • Buyer
    Veeva Systems
    Target
    Ostro
    Industry
    Data & Analytics
    Type
    Buyout

    Veeva Systems acquired Ostro, an AI-driven brand engagement platform for life sciences, for approximately $100 million in cash plus long-term equity retention grants. Ostro will operate as an independent unit led by CEO Chase Feiger and will be integrated over time with Veeva Commercial Cloud applications to connect online and field engagement workflows.

  • Buyer
    Arthur J. Gallagher & Co., Risk Placement Services, Inc. (RPS)
    Target
    S Philips Surety & Insurance Services, Inc.
    Type
    Buyout

    Arthur J. Gallagher & Co. (NYSE: AJG) announced that its U.S. wholesale brokerage, Risk Placement Services, Inc. (RPS), has acquired Agoura Hills, California-based S Philips Surety & Insurance Services, Inc. Terms were not disclosed. The S Philips team will remain in its current location under the direction of Jeremy Crawford, head of RPS’s surety bond operations.

  • Buyer
    Applied Aerospace & Defense
    Target
    Ultracor
    Type
    Buyout

    Applied Aerospace & Defense acquired Ultracor, a California supplier of specialized honeycomb core materials used in complex bonded composites. The acquisition is intended to enhance Applied’s selective vertical integration and increase production speed, agility, and capacity for growing space and defense programs.

  • March 9, 2026
    Buyer
    Olto
    Target
    Hexus AI
    Industry
    Cloud & SaaS
    Type
    Addon

    Olto acquired Hexus AI’s core technology, intellectual property, and product roadmap to expand Olto’s product-trained AI agents platform. The combined offering enables revenue teams to manage product videos, interactive demos/tours, live demos, and onboarding how-to guides across the buyer journey.

  • Buyer
    Morinaga & Co., Ltd., Morinaga America
    Target
    My/Mochi Ice Cream
    Industry
    Food & Beverage
    Type
    Buyout

    Morinaga & Co., the parent of Morinaga America, has entered into a definitive agreement to acquire My/Mochi Ice Cream, the largest mochi ice cream brand in the United States. The deal is intended to strengthen Morinaga’s position in the frozen snack category and expand its U.S. consumer footprint.

  • Buyer
    Agilent Technologies Inc.
    Target
    Biocare Medical
    Seller
    Investor group led by Excellere Partners, GHO Capital Partners LLP
    Type
    Buyout

    Agilent Technologies entered into a definitive agreement to acquire Biocare Medical, a global provider of clinical and research pathology solutions, in an all-cash transaction valued at $950 million. The deal is designed to expand Agilent’s pathology portfolio—especially immunohistochemistry—and is expected to close no later than Agilent’s fourth fiscal quarter of 2026.

  • Buyer
    Silver Lake Management, Saudi Arabia’s Public Investment Fund, Affinity Partners
    Target
    Electronic Arts Inc.
    Industry
    Software
    Type
    Buyout

    JPMorgan is shifting more of the debt financing for the record leveraged buyout of Electronic Arts toward junk bonds, with an estimated US$15.5 billion total debt offering. The buyout is led by private equity firm Silver Lake Management, Saudi Arabia’s Public Investment Fund, and Affinity Partners, with pre-marketing expected to begin around Monday and a formal launch slated for the following week.

  • Buyer
    Rallybio Corporation
    Target
    Candid Therapeutics, Inc.
    Industry
    Biotechnology
    Type
    Buyout

    Rallybio Corporation entered into a definitive agreement to acquire clinical-stage biotechnology company Candid Therapeutics in a merger transaction. The combined company will operate as Candid Therapeutics, Inc. and is expected to trade on Nasdaq under the ticker symbol CDRX, with the deal targeted to close in mid-2026 subject to customary conditions and approvals. Concurrently, Candid arranged an oversubscribed private financing of more than $505 million from a syndicate of healthcare institutional investors and mutual funds, expected to fund operations through 2030.

  • Buyer
    Allen Family Capital, LLC
    Target
    Starz Entertainment Corp.

    Allen Family Capital, LLC acquired 1,803,786 common shares of Starz Entertainment Corp. at $13.86 per share for total consideration of about $25 million. The stake represents approximately 10.7% of Starz’s issued and outstanding common shares, with Allen stating it is investing for purposes and may adjust its position over time.

  • Buyer
    Semtech Corporation
    Target
    HieFo Corporation
    Industry
    IT Services
    Type
    Buyout

    Semtech Corporation acquired HieFo Corporation, a California-based manufacturer of high-efficiency indium phosphide (InP) optoelectronic devices used in optical transceivers for data center connectivity. The acquisition strengthens Semtech’s semiconductor chipset portfolio and enables tighter integration of HieFo’s lasers and gain chips with Semtech’s transimpedance amplifiers and laser driver solutions to support next-generation 1.6T and 3.2T data center architectures.

  • Buyer
    Trinity Hunt Partners
    Target
    Berger Consulting Group

    Trinity Hunt Partners, a growth-oriented private equity firm, announced an investment in Berger Consulting Group to launch its economic consulting and dispute advisory platform. The platform focuses on economic damages analysis, forensic accounting, and valuation services for labor and employment disputes, building on Berger’s over-a-decade track record serving law firm clients primarily in California.

  • Buyer
    Alchemy Technology Group
    Target
    Enterprise Computing Solutions, Inc. (ECS)
    Industry
    IT Services
    Type
    Buyout

    Alchemy Technology Group, an IT advisory, consulting, and reseller firm backed by Avance Investment Management, acquired Enterprise Computing Solutions, Inc. (ECS), a Southern California provider of edge computing, cloud, and security solutions. The deal expands Alchemy’s West Coast presence and strengthens its capabilities in edge networking, network security, and managed infrastructure services for mid- and large-enterprise customers.

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