Recent Acquisitions in Iowa
Acquisition Volume in in Iowa by Year
Last 5 years
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- Buyer
- Ed Morse Automotive Group
- Target
- Porsche Des Moines
- Seller
- Woodhouse Auto Group
- Industry
- Retail
- Location
- Iowa, United States
- Type
- Buyout
Ed Morse Automotive Group announced it has acquired the Porsche Des Moines dealership in West Des Moines, Iowa. The dealership was acquired from Woodhouse Auto Group, and the purchase expands Ed Morse’s presence in Iowa while adding Porsche Des Moines employees to its workforce.
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- Buyer
- Flex
- Target
- Electrical Power Products, Inc. (EP2)
- Industry
- Industrial Services
- Location
- Iowa, United States
- Type
- Buyout
Flex entered into a definitive agreement to acquire Electrical Power Products, Inc. (EP2) in an all-cash transaction valued at approximately $1.1 billion, including anticipated tax benefits. The acquisition is expected to expand Flex’s Critical Power portfolio with EP2’s engineered-to-order electrical power control and protection systems and manufacturing footprint in Des Moines, Iowa.
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March 16, 2026
- Buyer
- INVISION
- Target
- GastingerWalker
- Industry
- Professional Services
- Location
- Iowa, United States
- Type
- Buyout
INVISION and GastingerWalker announced they will merge under the INVISION brand, with the merger effective March 16, 2026. The combination unites two legacy architecture and design firms in The HFW Companies network to create a national architectural collective with nearly 200 employees.
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- Buyer
- Principal Financial Group
- Target
- DentaNet, Southland Benefit Solutions, Canopy Insurance
- Seller
- Southland Benefit Solutions, Canopy Insurance, Collateral Holdings, LLC
- Industry
- Healthcare Services
- Location
- Iowa, United States
- Type
- Buyout
Principal Financial Group announced a definitive agreement to acquire Southland Benefit Solutions’ single-state dental network, DentaNet, in Alabama, and secure renewal rights for a block of group insurance contracts through Canopy Insurance. Both Southland Benefit Solutions and Canopy Insurance are subsidiaries of Collateral Holdings, LLC. The transaction is intended to strengthen Principal’s specialty benefits footprint in Alabama and expand its dental network capabilities across the Southeast.
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- Buyer
- America's Auto Auction
- Target
- Plaza Auto Auction
- Seller
- Bob and Norma Edleman (founders of Plaza Auto Auction, 1963), Sean McNeal (owner of Plaza Auto Auction)
- Industry
- Transportation
- Location
- Iowa, United States
- Type
- Addon
America's Auto Auction acquired Plaza Auto Auction in Mount Vernon, Iowa, establishing the company’s first location in the state and expanding its footprint to 24 states. Plaza Auto Auction will operate as “America's Auto Auction Iowa,” continuing the dealer-only evening auction format with weekly vehicle sales and online bidding.
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February 19, 2026
- Buyer
- The Pokémon Company International
- Target
- Excell Brands
- Industry
- Retail
- Location
- Iowa, United States
- Type
- Buyout
The Pokémon Company International has entered into a definitive agreement to acquire Excell Brands, a U.S. distributor and category management service provider for trading cards and collectibles. The transaction is expected to close subject to regulatory approvals and customary closing conditions.
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February 16, 2026
- Buyer
- Inovar Packaging Group
- Target
- Kiliper Corporation
- Seller
- Tom Kiliper, Lindsay Maysent
- Industry
- Packaging
- Location
- Iowa, United States
- Type
- Buyout
Inovar Packaging Group, a Dallas-based label and packaging provider, acquired Kiliper Corporation, a family-owned flexible packaging business, to expand its stretch sleeve, roll‑fed label, and printed film capabilities and strengthen its Midwest footprint. Kiliper’s co-owners Tom Kiliper and Lindsay Maysent will remain as co‑presidents following the transaction.
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January 22, 2026
- Buyer
- Charcuterie Artisans, Industrial Opportunity Partners (IOP)
- Target
- La Quercia Cured Meats
- Seller
- Lynch Family Companies
- Industry
- Food & Beverage
- Location
- Iowa, United States
- Type
- Addon
Charcuterie Artisans acquired La Quercia Cured Meats, a U.S.-made prosciutto and dry-cured pork specialist. The deal includes La Quercia’s Norwalk, Iowa production facility and its full product portfolio, with plans to expand the plant’s capacity by about 50% and dedicate it exclusively to prosciutto production.
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January 14, 2026
- Buyer
- J.F. Lehman & Company, JFL Equity Investor VI, L.P. (affiliate of J.F. Lehman & Company)
- Target
- Wellman Dynamics
- Seller
- TRM Equity
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
J.F. Lehman & Company, via an affiliate of JFL Equity Investor VI, L.P., acquired a majority interest in Wellman Dynamics, a Creston, Iowa-based manufacturer of large-scale magnesium and aluminum sand castings. TRM Equity sold the majority stake and will retain a meaningful minority position; the deal is positioned as a platform investment to expand Wellman's manufacturing capacity and pursue new aerospace and defense programs.
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January 7, 2026
- Buyer
- Novae
- Target
- Aluma Trailers
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Addon
Novae, a leading North American trailer manufacturer, has acquired Aluma Trailers to expand its aluminum trailer product offering and strengthen its dealer-distributed platform. Aluma will remain headquartered in Bancroft, Iowa and led by CEO Mike Lloyd and the existing management team; financial terms were not disclosed.
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January 6, 2026
- Buyer
- CapStone Holdings, Inc.
- Target
- Structurely
- Industry
- AI & Machine Learning
- Location
- Iowa, United States
- Type
- Buyout
CapStone Holdings has acquired Structurely, an AI-powered sales engagement platform that automates early-stage revenue conversations for real estate and mortgage organizations. The acquisition positions Structurely for accelerated product development, deeper partnerships, and scaled operations under CapStone’s ownership while leveraging Structurely’s large conversational dataset and AI capabilities.
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January 6, 2026
- Buyer
- Fusion Capital Partners
- Target
- Excel Engineering, Inc.
- Industry
- Industrial Services
- Location
- Iowa, United States
- Type
- Buyout
Los Angeles-based private equity firm Fusion Capital Partners has acquired Excel Engineering, a Diagonal, Iowa-based testing and certification firm that provides engine, powertrain, battery and emissions testing services to OEM and industrial customers. The transaction (terms undisclosed) is positioned as a growth-oriented, capability-expanding platform investment to scale Excel's testing capacity, capabilities and talent; Monroe Capital acted as a joint lead arranger on the senior credit facility supporting the deal.
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January 1, 2026
- Buyer
- Lewis & Ellis, Inc.
- Target
- Griffith, Ballard & Company
- Industry
- Consulting
- Location
- Iowa, United States
- Type
- Buyout
Lewis & Ellis, Inc. announced that Griffith, Ballard & Company has joined Lewis & Ellis effective January 1, 2026. The combination expands Lewis & Ellis’s life actuarial capabilities and scale while allowing Griffith Ballard to continue operating from Cedar Rapids under its existing leadership and to contribute its Lifebase technology and actuarial expertise to the broader platform.
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December 29, 2025
- Buyer
- Baldwin Supply Company
- Target
- Construction & Aggregate Products, Inc.
- Industry
- Industrial Services
- Location
- Iowa, United States
- Type
- Buyout
Baldwin Supply Company, a privately owned Midwest industrial distributor headquartered in Plymouth, Minnesota, has acquired Construction & Aggregate Products, Inc. (CAP), a distributor with locations in Des Moines, Iowa and Lenexa, Kansas. The acquisition expands Baldwin Supply's regional footprint and capabilities to better serve customers in aggregate, mining and construction markets.
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December 11, 2025
- Buyer
- Amca
- Target
- Aerospace Control Products, Inc. (ACPI)
- Seller
- Aaron Ellis (president and former owner)
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
Amca, an El Segundo, California-based aerospace and defense company, has acquired Aerospace Control Products, Inc. (ACPI) of Davenport, Iowa to expand its hydraulics-focused components platform by adding aerospace-grade pressure and liquid-level switch capabilities. Amca plans significant investment to expand ACPI’s manufacturing capacity and improve supply availability; Shedd Capital advised on the transaction and Aaron Ellis, ACPI’s president and former owner, will remain involved.
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- Buyer
- HNI Corporation
- Target
- Steelcase Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
HNI Corporation entered into a definitive agreement to acquire Steelcase Inc. for approximately $2.2 billion in a cash-and-stock transaction. Under the deal terms, Steelcase shareholders would receive $7.20 in cash and 0.2192 shares of HNI common stock per share, and the combined company is expected to have pro forma annual revenue of about $5.8 billion.
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December 8, 2025
- Buyer
- Solve Industrial Motion Group
- Target
- D&D Global, Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
Solve Industrial Motion Group has acquired D&D Global, a vertically integrated U.S. manufacturer of power drive belts headquartered in Rock Valley, Iowa. The deal expands Solve's manufacturing capabilities and product offering in power transmission (V-belts and timing belts), adding D&D's four locations and more than 35,000 belt configurations to Solve's platform.
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November 16, 2025
- Buyer
- Scorability
- Target
- Ryzer
- Industry
- Software
- Location
- Iowa, United States
- Type
- Buyout
Scorability, a college-recruiting technology company headquartered in Austin, Texas, has acquired Ryzer, the Des Moines-based event registration and management platform for college and youth sports. The deal combines Scorability’s data-driven recruiting and analytics tools with Ryzer’s large events ecosystem to create an integrated platform serving thousands of programs and over a million athletes annually.
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November 15, 2025
- Buyer
- Peoples Company
- Target
- Murray Wise Associates, LLC (MWA)
- Seller
- Farmland Partners Inc
- Industry
- Professional Services
- Location
- Iowa, United States
- Type
- Buyout
Peoples Company announced a pending acquisition of Murray Wise Associates, LLC (MWA) from Farmland Partners Inc. The deal is effective November 15, 2025 and includes Peoples Company engaging for the ongoing management of select non-core farmland assets.
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October 10, 2025
- Buyer
- Thirty31 Partners
- Target
- Jerry Carney & Sons, Inc.
- Seller
- Matt Carney, Tom Carney
- Industry
- Automotive
- Location
- Iowa, United States
- Type
- Buyout
Thirty31 Partners, a Huxley, Iowa-based private equity firm, has acquired Jerry Carney & Sons, Inc., a family-owned auto parts and vehicle recycling business headquartered in Ames, Iowa. The company will continue operating under its existing brand and management while Thirty31 provides capital and operational support to drive growth in the automotive aftermarket and recycling sectors; 1st National Bank of Ames supported the transaction.
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September 25, 2025
- Buyer
- The Integration Group (TIG), Maxwell Street Capital Partners (Maxwell Street)
- Target
- PDM
- Industry
- Industrial Services
- Location
- Iowa, United States
- Type
- Addon
The Integration Group (TIG) entered into a definitive agreement to acquire PDM, a full-service packaging, warehousing, and transportation provider based in Boone, Iowa. The deal is intended to strengthen TIG’s Midwest presence and add BRC-certified food-grade packaging capabilities, including custom blending and filling, private labeling, warehousing, and dedicated transportation.
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September 18, 2025
- Buyer
- John Jennerjohn, Brody Meier, Iron Hill Harley-Davidson
- Target
- McGrath Dubuque Harley-Davidson
- Seller
- Mike McGrath, Pat McGrath
- Industry
- Automotive
- Location
- Iowa, United States
- Type
- Buyout
Performance Brokerage Services announced the sale of McGrath Dubuque Harley-Davidson in Dubuque, Iowa from Mike and Pat McGrath to lifelong riders and dealership owners John Jennerjohn and Brody Meier (owners/operators of Iron Hill Harley-Davidson). The dealership will be renamed Key City Harley-Davidson and remain at its current 145 North Crescent Ridge location, expanding the buyers' regional presence.
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September 5, 2025
- Buyer
- Plunkett's Pest Control, Inc.
- Target
- Insect Control Specialists (ICS)
- Seller
- Leslie Parker
- Industry
- Environmental Services
- Location
- Iowa, United States
- Type
- Buyout
Plunkett's Pest Control, Inc. has acquired Insect Control Specialists (ICS), a family-owned pest control business based in Cedar Rapids, Iowa. The acquisition strengthens Plunkett's regional presence in Iowa while preserving ICS's legacy and customer relationships following owner Leslie Parker's decision to sell.
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August 25, 2025
- Buyer
- Patrick Lanigan (Pet Butler franchise owner), Pet Butler
- Target
- Bark 'N' Bin
- Industry
- Environmental Services
- Location
- Iowa, United States
- Type
- Buyout
Patrick Lanigan, a Pet Butler franchise owner in Des Moines, Iowa, has acquired Bark 'N' Bin, a local pet waste removal business. The acquisition expands Pet Butler's presence in Iowa and brings Bark 'N' Bin customers under the national Pet Butler franchise system.
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August 21, 2025
- Buyer
- ALKEME Insurance
- Target
- Sheets Forrest Draper Insurance
- Industry
- Insurance
- Location
- Iowa, United States
- Type
- Buyout
ALKEME Insurance, a Top 25 U.S. insurance brokerage based in Ladera Ranch, California, has acquired Sheets Forrest Draper Insurance, a fourth-generation independent agency headquartered in Marion, Iowa. The deal expands ALKEME's Midwest footprint and brings SFD Insurance access to ALKEME's resources while preserving the agency's local focus and client relationships.
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- Buyer
- Premier Tech Water and Environment
- Target
- Karr's Septic Service
- Industry
- Environmental Services
- Location
- Iowa, United States
- Type
- Buyout
Premier Tech Water and Environment (a business unit of Premier Tech) has acquired Karr's Septic Service, a Vinton, Iowa-based septic and wastewater pumping services provider. The acquisition expands Premier Tech's local service footprint in Eastern Iowa and adds time-of-transfer diagnostics and residential septic maintenance capabilities.
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August 13, 2025
- Buyer
- ImOn Communications
- Target
- Danville Telecom
- Seller
- Danville Telecom
- Industry
- Telecommunications
- Location
- Iowa, United States
- Type
- Buyout
ImOn Communications has completed its acquisition of Danville Telecom after receiving all regulatory approvals. The deal adds Danville's 100% fiber-optic network (including subsidiary iConnectYou) to ImOn's regional footprint, enabling faster rollout of next-generation services to Burlington, West Burlington, Fort Madison, Keokuk and surrounding communities in Southeast Iowa.
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July 20, 2025
- Buyer
- GreatAmerica Holdings, GreatAmerica Financial Services Corporation
- Target
- Heritage Bank
- Industry
- Financial Services
- Location
- Iowa, United States
- Type
- Buyout
GreatAmerica Holdings agreed to acquire Heritage Bank, an Iowa state-chartered bank headquartered in Marion, Iowa. Following the acquisition, Heritage Bank will operate under a new name, GreatAmerica Bank National Association. GreatAmerica said the move is intended as strategic growth to combine its equipment-finance focus with the stability of an FDIC-insured bank and to offer a more comprehensive suite of financing options to small and medium-sized businesses.
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- Buyer
- GreatWater 360 Auto Care
- Target
- Cars, Trucks & Vans
- Seller
- Gary Warren, Tami Warren, Joe Dunne
- Industry
- Automotive
- Location
- Iowa, United States
- Type
- Buyout
GreatWater 360 Auto Care has acquired Cars, Trucks & Vans, a long-standing full-service auto repair shop in Davenport, Iowa. The shop will continue operating under its existing name and team while joining GreatWater's network to support the location with upgraded tools, training, and operational resources to deepen the company's presence in Iowa.
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- Buyer
- Inszone Insurance Services
- Target
- LJ Insurance, Inc.
- Seller
- Jon Little, Jr.
- Industry
- Insurance
- Location
- Iowa, United States
- Type
- Buyout
Inszone Insurance Services, a national insurance brokerage based in Sacramento, has acquired LJ Insurance, Inc., a longtime Keokuk, Iowa agency with an office in Fort Madison. The deal expands Inszone's presence in Iowa and broadens its life and health insurance offerings while providing LJ Insurance clients access to Inszone's broader carrier relationships and resources.
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July 1, 2025
- Buyer
- FBi Buildings
- Target
- Eastern Iowa Building
- Industry
- Construction
- Location
- Iowa, United States
- Type
- Buyout
FBi Buildings, a Remington, Indiana–based post-frame construction firm, has acquired Eastern Iowa Building of Fairfax, Iowa, effective July 1, 2025. The acquisition expands FBi's presence in Iowa, preserves EIB's local operations and warranties, and provides EIB with additional resources and operational support to serve a wider geographic area.
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June 30, 2025
- Buyer
- Alamo Group Inc.
- Target
- Ring-O-Matic, Inc.
- Seller
- Brian Metcalf (owner)
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
Alamo Group Inc. completed the acquisition of Ring-O-Matic, Inc., a Pella, Iowa-based manufacturer of trailer-mounted and truck-mounted vacuum excavation equipment. The deal, funded with Alamo Group's cash on hand, adds Ring-O-Matic's hydro-excavation and sewer/storm drain cleaning product lines to Alamo's equipment portfolio to drive product offering expansion and cost/revenue synergies.
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- Buyer
- Kingsgate Insurance
- Target
- Calvert & Johnson Insurance Services
- Industry
- Insurance
- Location
- Iowa, United States
- Type
- Buyout
Kingsgate Insurance has acquired Calvert & Johnson Insurance Services in a deal effective Monday, adding the Fort Dodge-based agency's advisors and client relationships to Kingsgate's platform. The acquisition expands Kingsgate's local presence and product offerings — including employee benefits, agribusiness, and crop insurance — while Calvert & Johnson clients will continue with the same advisors during the transition.
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- Buyer
- Apella Wealth
- Target
- Iron Horse Wealth Management
- Industry
- Wealth Management
- Location
- Iowa, United States
- Type
- Addon
Apella Wealth announced that Iron Horse Wealth Management, a fee-only RIA led by Dennis Markway, has joined Apella, adding $574 million in AUM and establishing Apella’s first Midwest-based team in Johnston, Iowa. The entire Iron Horse team joined Apella, with Markway becoming Regional Director; the deal closed June 20, 2025 and brings Apella to $6.08 billion in AUM.
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- Buyer
- Superior Environmental Solutions, Palladium Equity Partners, LLC
- Target
- Captain Clean
- Seller
- Robert Lehman, Carol Lehman, Larry Lehman
- Industry
- Environmental Services
- Location
- Iowa, United States
- Type
- Addon
Superior Environmental Solutions (SES), a Palladium Equity Partners portfolio company, has acquired Captain Clean, a family-owned industrial cleaning services provider operating in Iowa and Nebraska. The add-on transaction expands SES’s Midwest footprint and enhances its recurring industrial cleaning and vacuum/tank services for agriculture, food processing and other manufacturing customers; financial terms were not disclosed.
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- Buyer
- Intirion Corporation, Danby Appliances
- Target
- Direct rental division of Collegiate Concepts, Inc.
- Seller
- Collegiate Concepts, Inc.
- Industry
- Education
- Location
- Iowa, United States
- Type
- Divestiture
Intirion Corporation, the B2B division of Danby Appliances, has acquired approximately two-thirds of the academic direct rental division of Collegiate Concepts, Inc., expanding its academic direct rental portfolio. The integration is underway as Intirion (and the MicroFridge brand) look to broaden their reach across North American colleges, universities, and student housing programs.
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April 9, 2025
- Buyer
- The Kleinfelder Group, Inc., Lindsay Goldberg
- Target
- Veenstra & Kimm, Inc.
- Industry
- Engineering Services
- Location
- Iowa, United States
- Type
- Addon
The Kleinfelder Group, a Lindsay Goldberg–backed engineering and professional services firm, has acquired Veenstra & Kimm, a multidisciplinary engineering firm headquartered in West Des Moines, Iowa. The deal establishes Kleinfelder's newly created Midwest Division, expands its service capabilities, and accelerates geographic growth in the Midwest.
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March 25, 2025
- Buyer
- CES Family of Companies, Cooper Management, LLC
- Target
- Bolton & Hay
- Industry
- Restaurants & Hospitality
- Location
- Iowa, United States
- Type
- Addon
CES Family of Companies, backed by Cooper Management, LLC, has acquired Bolton & Hay of Des Moines, Iowa. Bolton & Hay will operate as a division of Wilson Restaurant Supply, expanding CES’ foodservice equipment, supplies and service footprint in Iowa and across the Midwest. Financial terms were not disclosed.
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January 28, 2025
- Buyer
- Pete & Gerry's Organics, LLC
- Target
- Farmers Hen House
- Industry
- Food & Beverage
- Location
- Iowa, United States
- Type
- Buyout
Pete & Gerry's Organics, LLC has acquired Kalona, Iowa-based Farmers Hen House, a supplier of Certified Humane organic, free-range and pasture-raised shell eggs. The acquisition adds over 90 partner family farms and a modern processing facility in Iowa, increasing Pete & Gerry's packing capacity and supporting growth across the Midwest and West; terms were not disclosed.
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January 27, 2025
- Buyer
- Rensa Filtration
- Target
- Air Filtration Co., Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Addon
Rensa Filtration, a PE-backed manufacturer and distributor of air filtration products, has acquired Air Filtration Co., Inc., a family-owned maker and distributor of spray booth and industrial air filters with production facilities in Lancaster, California and Corydon, Iowa. The deal expands Rensa's geographic footprint in California and Iowa and adds Air Filtration Co.'s spray booth filtration product line to Rensa's portfolio.
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- Buyer
- Sky Auto Mall, Yelena Tovstanovsky, Alex Tovstanovsky
- Target
- Van Horn Ford, Van Horn Chevrolet
- Seller
- Van Horn Automotive Group
- Industry
- Automotive
- Location
- Iowa, United States
- Type
- Divestiture
Sky Auto Mall (owned by Yelena and Alex Tovstanovsky) acquired Van Horn Ford and Van Horn Chevrolet in Newhall, Iowa from Van Horn Automotive Group. The transaction is a divestiture that lets Van Horn Automotive Group reinvest and focus growth on its Wisconsin platform while Sky Auto Mall expands its franchise footprint in Iowa.
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January 17, 2025
- Buyer
- Building Products Inc.
- Target
- Heartland Millwork
- Industry
- Building Products
- Location
- Iowa, United States
- Type
- Buyout
Building Products Inc. (BPI), a Watertown, South Dakota–based building materials distributor, has acquired Heartland Millwork, a custom millwork manufacturer in Larchwood, Iowa. The acquisition expands BPI’s custom millwork manufacturing capabilities and production capacity, enabling broader product offerings, operational efficiencies, and an expanded reach in its Midwest markets.
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January 16, 2025
- Buyer
- Granite Creek Capital Partners, Rural American Fund
- Target
- Ritchie Industries, Inc.
- Industry
- Agriculture
- Location
- Iowa, United States
- Type
- Buyout
Granite Creek Capital Partners has acquired Ritchie Industries, a century-old manufacturer of automated livestock watering products headquartered in Conrad, Iowa. The transaction is supported by an investment from Rural American Fund and a rollover by Ritchie's management and employees to fund product innovation and expand Ritchie’s presence in existing and international livestock markets.
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January 16, 2025
- Buyer
- Flow Control Management, Edgewater Growth Capital Partners V, L.P. (The Edgewater Funds)
- Target
- Master Packing and Rubber Company
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Addon
Flow Control Management (FCM), a private equity-backed holding company sponsored by The Edgewater Funds, has acquired Master Packing & Rubber Company (MPRC), a Cedar Rapids-based manufacturer and supplier of gaskets and seals serving agricultural transport and processing markets. The add-on expands FCM's MRO gasket and seal offerings and strengthens its presence in the agriculture value chain.
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January 10, 2025
- Buyer
- Waverly Advisors, LLC
- Target
- Dickinson Investment Advisors
- Industry
- Wealth Management
- Location
- Iowa, United States
- Type
- Addon
Waverly Advisors, a Birmingham-based RIA, has acquired Dickinson Investment Advisors of Council Bluffs, Iowa, with the Dickinson team joining Waverly. The deal closed January 10, 2025, and marks Waverly's 21st transaction since its 2021 equity investment from Wealth Partners Capital Group and HGGC's Aspire Holdings platform, increasing Waverly's AUM to approximately $16.4 billion.
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- Buyer
- Pete & Gerry's Organics, LLC, Butterfly Equity
- Target
- Pasture Brands Holdings, Farmers Hen House, Pillars Yogurt
- Seller
- Benford Capital Partners
- Industry
- Food & Beverage
- Location
- Iowa, United States
- Type
- Addon
Pete & Gerry's Organics (the Butterfly Equity-backed egg platform) has acquired Pasture Brands Holdings — the holding company for Farmers Hen House and Pillars Yogurt — from Benford Capital Partners. The transaction (closed January 9, 2025) expands Pete & Gerry's branded specialty egg and dairy portfolio and continues consolidation in natural/conventional grocery and club channels.
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December 12, 2024
- Buyer
- ALKEME
- Target
- Relion Insurance Solutions
- Industry
- Insurance
- Location
- Iowa, United States
- Type
- Buyout
ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, acquired Relion Insurance Solutions, one of Iowa's largest insurance agencies. The deal expands ALKEME's Midwest presence and allows Relion to leverage ALKEME's resources while maintaining service continuity.
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December 5, 2024
- Buyer
- Firecrown
- Target
- Active Interest Media's Marine Group
- Seller
- Active Interest Media
- Industry
- Media & Entertainment
- Location
- Iowa, United States
- Type
- Divestiture
Chattanooga-based media platform Firecrown has acquired Active Interest Media's Marine Group, including consumer titles such as Sail, Anglers Journal, Power & Motoryacht and Yachts International. Firecrown said it will retain the group's editorial, sales and publishing staff and plans to invest in the next generation of the marine brands as it expands its affluent enthusiast media portfolio.
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November 26, 2024
- Buyer
- Innovative Fluid Handling Group, The Mendota Group
- Target
- Dynamic Tube, Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Addon
Innovative Fluid Handling Group (IFH Group), a portfolio company of The Mendota Group, has acquired Dynamic Tube, Inc., a Maquoketa, Iowa-based custom tube fabrication and precision-machined parts supplier. The transaction is an add-on acquisition that expands IFH Group's manufacturing capabilities and product offering for off-road, heavy equipment, agricultural and industrial end markets.
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November 12, 2024
- Buyer
- Hidden Harbor Capital Partners
- Target
- Norplex Micarta
- Seller
- Industrial Dielectrics Holdings, Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Buyout
Hidden Harbor Capital Partners has acquired Norplex Micarta, a North American producer of thermoset composite materials, from Industrial Dielectrics Holdings, Inc. Stellus Capital Management provided unitranche debt financing to support the transaction. Hidden Harbor plans to provide operational and financial resources to scale Norplex Micarta's operations and execute on growth initiatives across electrification and industrial end markets.
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