Recent Acquisitions in New Mexico

Acquisition Volume in in New Mexico by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Recent Acquisitions in New Mexico. 21 2022 16 2023 24 2024 23 2025 ~19 est. 5 2026
Actual Full-year estimate
  • Buyer
    X-Bow Systems
    Target
    Evolution Space
    Type
    Buyout

    X-Bow Systems announced it has entered into an agreement to acquire Evolution Space to expand its production capacity for solid rocket motors and enhance its hypersonic propulsion capabilities. The transaction is expected to close in March or April and will bring Evolution Space’s hypersonic technology portfolio and its advanced solid rocket motor manufacturing facility at Stennis Space Center in Mississippi into X-Bow’s operations.

  • Buyer
    Center for Social Dynamics (CSD)
    Target
    Behavior Change Institute (BCI)
    Type
    Buyout

    Center for Social Dynamics (CSD), a national provider of evidence-based autism and behavioral health services, announced it has acquired Behavior Change Institute (BCI), a New Mexico–based autism services provider. The combination aims to broaden access—especially in underserved communities—reduce wait times, and accelerate innovation through CSD’s national platform and BCI’s clinical and research expertise.

  • Buyer
    Capstone Accounting and Tax
    Target
    Peltier, Gustafson 26 Miller (PGM)
    Type
    Addon

    Capstone Accounting and Tax announced a partnership under which Peltier, Gustafson 26 Miller (PGM) will integrate its operations under the Capstone brand while continuing to provide local service to its Albuquerque-area clients. The transition is expected to occur over the next few months, including through the 2026 tax season.

  • Buyer
    EP Wealth Advisors
    Target
    LongView Asset Management
    Type
    Buyout

    EP Wealth Advisors has partnered with and acquired LongView Asset Management, a Santa Fe-based RIA, adding more than $390 million in AUM and expanding EP Wealth's presence in New Mexico. LongView founder David Cantor and seven team members will join EP Wealth, and the move is intended to broaden the firm's planning and advisory capabilities for LongView's clients.

  • Buyer
    Quantum Lifecycle Partners
    Target
    2NDGEAR
    Industry
    IT Services
    Type
    Buyout

    Quantum Lifecycle Partners has completed its acquisition of 2NDGEAR, a U.S. technology lifecycle solutions provider specializing in certified refurbished devices and education and commercial end-user programs. The deal expands Quantum’s circular technology platform and adds 2NDGEAR’s industry-focused sales capabilities, with its Albuquerque facility expected to function as a key configuration and fulfillment hub.

  • Buyer
    Salas O'Brien
    Target
    TechSource
    Type
    Buyout

    Salas O’Brien has merged with TechSource, bringing TechSource’s scientific and engineering consulting capabilities into Salas O’Brien’s employee‑owned engineering platform. The deal combines TechSource’s deep expertise in national security, nuclear, and high‑tech projects (supporting U.S. national laboratories and federal agencies) with Salas O’Brien’s engineering scale to expand capabilities for federal and critical‑infrastructure programs.

  • Buyer
    UES (Universal Engineering Sciences)
    Target
    GEOMAT
    Type
    Addon

    UES has acquired GEOMAT, a Farmington, New Mexico-based geotechnical engineering, materials testing, and special inspection consultancy. The 50+ person firm will join UES’s West region as its first New Mexico presence, expanding UES’s footprint and service offering into the Four Corners area while GEOMAT continues to be led by President Matt Cramer, PE.

  • Buyer
    Equal Parts, Strategic Insurance
    Target
    Blue Star Insurance Agency
    Industry
    Insurance
    Type
    Addon

    Austin-based insurance platform Equal Parts announced the acquisition of Blue Star Insurance Agency, a local brokerage in Belen, New Mexico. The deal — executed as part of Equal Parts' roll-up strategy and shortly after Strategic Insurance joined the Equal Parts platform — expands the platform's New Mexico footprint and supports Strategic Insurance's local growth efforts.

  • Buyer
    Atlantic Aviation
    Target
    Jet Center at Santa Fe
    Type
    Buyout

    Atlantic Aviation has acquired Jet Center at Santa Fe, a full-service FBO at Santa Fe Regional Airport, adding approximately 16.5 acres of ramp space, a modern executive terminal and ~50,000 sq. ft. of heated hangar space to its network. The facility immediately begins operating as Atlantic Aviation and expands the operator's presence in New Mexico as part of its strategy to add high-quality FBO locations.

  • Buyer
    Strategic Gaming Management, LLC, Gaming and Leisure Properties, Inc. (GLPI)
    Target
    Sunland Park Racetrack & Casino
    Type
    Buyout

    Strategic Gaming Management, LLC (SGM) has completed the acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately following closing, SGM sold the real property to Gaming and Leisure Properties, Inc. (GLPI) in a sale‑leaseback; the deal expands SGM's portfolio of regional gaming assets and adds a leading New Mexico racetrack and casino.

  • Buyer
    Equal Parts
    Target
    Strategic Insurance
    Seller
    Benito Ortiz
    Industry
    Insurance
    Type
    Addon

    Equal Parts, an Austin-based insurance platform, has acquired Strategic Insurance, an independent Albuquerque agency founded by Benito Ortiz. The agency will continue operating under its local brand while gaining access to Equal Parts’ technology, operational tools, and capital to support growth across Albuquerque and New Mexico.

  • Buyer
    Precision Cell Systems
    Target
    BennuBio
    Industry
    Biotechnology
    Type
    Buyout

    Precision Cell Systems (PCS) has acquired BennuBio, a New Mexico–based developer of the Velocyt imaging flow cytometer, to expand PCS's single-cell and 3D cell culture analysis capabilities. BennuBio founders and leadership will join PCS to integrate the Velocyt platform, and BennuBio lead investor Tramway Ventures has joined PCS's investor syndicate to support the company's consolidation strategy.

  • Buyer
    Tecta America Commercial Roofing
    Target
    J3 Systems
    Seller
    Utash family (Jeremy, Jason, and Josh Utash)
    Industry
    Construction
    Type
    Buyout

    Tecta America Commercial Roofing has acquired J3 Systems, a family-owned commercial roofing contractor based in Bosque Farms, New Mexico. The deal gives Tecta its first presence in New Mexico; J3 Systems will continue to operate under its name with Jeremy Utash serving as President and existing employees remaining in place.

  • Buyer
    RD Last Mile Holdings, LLC (ADL Final Mile), Red Dog Equity LLC, Monroe Capital LLC, The Pritzker Organization
    Target
    DMC Logistics, LLC
    Type
    Addon

    RD Last Mile Holdings, LLC (doing business as ADL Final Mile), a final-mile delivery platform backed by Red Dog Equity, Monroe Capital and The Pritzker Organization, has acquired DMC Logistics, a regional final-mile and customized logistics provider serving the Southwest U.S. The acquisition expands ADL Final Mile's footprint in the Southwest (adding DMC’s service area across New Mexico, Arizona, Colorado, Nevada, Texas and Utah) as an add-on to its growing platform.

  • Buyer
    MPLX LP
    Target
    Northwind Delaware Holdings LLC (Northwind Midstream)
    Seller
    Five Point Infrastructure LLC
    Industry
    Infrastructure
    Type
    Buyout

    MPLX LP has completed its $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), which provides sour gas gathering, treating, and processing services in Lea County, New Mexico. The acquisition strengthens MPLX’s Permian Basin natural gas and NGL value chains and is expected to be immediately accretive to distributable cash flow, with estimated incremental capital of $500 million for in-process expansion projects.

  • Buyer
    EP Wealth Advisors
    Target
    Better Money Decisions, LLC
    Type
    Addon

    EP Wealth Advisors announced a strategic partnership to bring Santa Fe-based Better Money Decisions (BMD) into the EP Wealth platform, adding roughly $370 million in AUM and a small team of advisors. The move expands EP Wealth's presence in the Southwest and provides a succession plan as BMD Managing Partner Lorraine Ell transitions to retirement.

  • Buyer
    Eden Health
    Target
    Contigo Compounding
    Type
    Buyout

    Eden Health has acquired Contigo Compounding, a licensed 503A compounding pharmacy, to integrate in-house sterile and non-sterile compounding capabilities into its personalized care platform. The acquisition gives Eden direct control of medication preparation and supply chain for faster adjustments, improved adherence, and next-day shipping for members.

  • Buyer
    Culmen International, LLC
    Target
    Technology Management Company, Inc. (dba TMC Global Professional Services)
    Seller
    TMC Global Professional Services ESOP (represented by Rob MacIvor, ESOP Trustee)
    Type
    Buyout

    Culmen International has acquired Albuquerque-based Technology Management Company, Inc., dba TMC Global Professional Services, expanding Culmen’s international program management, health security, and logistics capabilities. The acquisition brings TMC’s U.S. and international workforce into Culmen, strengthening its presence across Eastern Europe, the Middle East, and Central Asia and adding program experience in nonproliferation, bioscience capacity building, and international operations.

  • Buyer
    Radiance Technologies
    Target
    Verus Research (XL Scientific, LLC)
    Type
    Buyout

    Radiance Technologies, a 100% employee‑owned prime contractor based in Huntsville, Alabama, has acquired XL Scientific, LLC (dba Verus Research), an Albuquerque‑based R&D contractor specializing in electromagnetic, directed energy and nuclear systems analysis. The acquisition brings Verus Research's technical capabilities into Radiance's portfolio and expands its DoD and intelligence community customer base.

  • Buyer
    Blackstone Infrastructure
    Target
    TXNM Energy
    Industry
    Infrastructure
    Type
    Buyout

    TXNM Energy agreed to be acquired by Blackstone Infrastructure for $61.25 per share in cash, valuing the transaction at $11.5 billion including net debt (excluding securitization debt) and preferred stock. The deal is supported by additional equity funding and is subject to shareholder and multiple federal and state regulatory approvals, with an estimated closing in the second half of 2026.

  • Buyer
    Rentvine
    Target
    Bynnd
    Industry
    Accounting & Tax
    Type
    Addon

    Rentvine has acquired Bynnd, a provider of trust accounting and bookkeeping services for property managers, and will integrate Bynnd’s accounting expertise into its platform. Kristin Johnson, Bynnd’s founder, is joining Rentvine’s leadership team as part of the transaction; Rentvine is a PE-backed property-management software provider (backed by Mainsail Partners).

  • Buyer
    Undisclosed Buyer
    Target
    Pecos Propane, Inc.
    Seller
    Pacheco family / Pecos Propane shareholders
    Industry
    Oil & Gas
    Type
    Buyout

    Generational Group advised Pecos Propane, Inc., a family-owned propane distributor based in Pecos, New Mexico, on its sale to an undisclosed buyer; the transaction closed April 16, 2025. Pecos Propane serves residential and commercial customers across Northern New Mexico and was backed by the Pacheco family prior to the sale.

  • Buyer
    HGS BioScience, Paine Schwartz Partners
    Target
    Menefee Mining Corporation, Earthgreen Products, Inc.
    Industry
    Agriculture
    Type
    Addon

    Paine Schwartz Partners-backed HGS BioScience has acquired Menefee Mining Corporation and Earthgreen Products, Inc., adding the Menefee mine and Earthgreen's extraction/formulation technology to its operations. The transaction expands HGS's humate product portfolio, vertical integration and manufacturing footprint (including processing in Cuba, New Mexico), enhancing its ability to supply premium humic and fulvic acid products to agricultural customers.

  • Buyer
    Salas O'Brien
    Target
    Chavez-Grieves Consulting Engineers
    Type
    Buyout

    Salas O’Brien announced that Chavez-Grieves Consulting Engineers has joined the firm, bringing over 45 years of structural engineering, investigative engineering, and project management experience. The acquisition expands Salas O’Brien’s structural capabilities and geographic reach to better serve high-demand end markets including data centers, healthcare, and government.

  • Buyer
    Verdera Energy Corp.
    Target
    enCore subsidiary holding the Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects
    Seller
    enCore Energy Corp.
    Industry
    Energy

    enCore Energy Corp. entered into a share purchase agreement with Verdera Energy Corp. for Verdera to acquire an enCore subsidiary holding Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects in New Mexico. The deal consideration includes 50,000,000 non-voting preferred shares of Verdera (about 73% of fully diluted shares), plus royalties and a $350,000 cash payment, with closing anticipated by March 31, 2025.

  • Buyer
    B&R Auto, Highview Capital, LLC
    Target
    Highway 64 Truck and Auto Salvage
    Type
    Addon

    B&R Auto, a portfolio company of Highview Capital, has acquired Highway 64 Truck and Auto Salvage, a Farmington, New Mexico-based auto salvage and recycled-parts provider. The add-on expands B&R's Western U.S. network into New Mexico and deepens its reach across the Southwestern U.S., including first-time access into Texas.

  • Buyer
    Pelican Energy Partners
    Target
    Lancs Industries
    Industry
    Energy
    Type
    Buyout

    Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.

  • Buyer
    Hub International Limited
    Target
    Woods Insurance Services, Inc.
    Seller
    Woods Insurance Services, Inc., Lyle Love (Owner & President)
    Type
    Buyout

    Hub International Limited acquired the assets of Woods Insurance Services, Inc., an independent insurance agency headquartered in Farmington, New Mexico. The acquisition expands Hub Southwest's commercial, personal and employee benefits capabilities and strengthens its specialty oil & gas insurance offerings; terms were not disclosed.

  • Buyer
    Inszone Insurance Services
    Target
    Coe Agency, LLC
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services has acquired Coe Agency, LLC, an independent insurance agency specializing in health and benefits, to strengthen Inszone's presence in New Mexico and expand its employee benefits capabilities. The Coe Agency team in Rio Rancho will join Inszone's Albuquerque office, allowing clients to retain continuity while gaining access to Inszone's national carrier network.

  • Buyer
    Ridgewood Infrastructure
    Target
    Valley Cold Storage & Transportation
    Seller
    Clay Bush, Jenny (co-founder; last name not stated)
    Type
    Buyout

    Ridgewood Infrastructure has acquired Valley Cold Storage & Transportation, a New Mexico–based provider of temperature-controlled storage and logistics services, to support the company’s continued expansion into existing and new markets. Citizens served as exclusive financial advisor to Ridgewood and Kirkland & Ellis represented Ridgewood on the transaction.

  • Buyer
    Inszone Insurance Services
    Target
    Sandia Area Federal Credit Union (insurance book)
    Seller
    Sandia Area Federal Credit Union
    Industry
    Insurance

    Inszone Insurance Services has acquired the existing insurance book of business from Sandia Area Federal Credit Union and established a long-term partnership to serve Sandia Area members. The deal will expand Inszone's footprint in New Mexico and provide Sandia Area members access to a broader range of personal, commercial, and benefits insurance products with a seamless transition of existing policies.

  • Buyer
    Community Tree Service, Hastings Equity Partners
    Target
    Southwest Contracting & Associates
    Type
    Addon

    Community Tree Service, a Hastings Equity Partners-backed vegetation management platform, has acquired Southwest Contracting & Associates, a Capitan, New Mexico-based tree thinning and trimming provider. The acquisition expands CTS's operations into the Southwestern U.S. and diversifies its customer base with additional state and federal agency relationships.

  • Buyer
    Warrior Technologies
    Target
    Lobo Trucking
    Industry
    Trucking & Fleet
    Type
    Buyout

    Midland-based Warrior Technologies has acquired Lobo Trucking, expanding its footprint into the Delaware Basin across Texas and New Mexico. The acquisition adds about 53 employees and 46 operating units, strengthens Warrior's vacuum-truck and remediation capabilities, and will keep Lobo operating under its existing brand from yards in Hobbs and Artesia, New Mexico.

  • Buyer
    U.S. Retirement & Benefits Partners
    Target
    Pension Planning Consultants
    Type
    Addon

    U.S. Retirement & Benefits Partners (USRBP) has acquired Pension Planning Consultants (PPC), a retirement plan third-party administrator based in Albuquerque, New Mexico. The deal expands USRBP's Southwest footprint and adds PPC's retirement plan administration and consulting capabilities to USRBP's national partner network.

  • Buyer
    GroundWork Renewables, Inc.
    Target
    CFV Solar Test Laboratory, Inc. (CFV Labs)
    Industry
    Renewable Energy
    Type
    Buyout

    GroundWork Renewables has acquired CFV Solar Test Laboratory to add PV module performance, reliability testing and resilience services to its utility-scale solar meteorological data offerings. The acquisition will integrate lab-based module testing with GroundWork’s MET datasets to provide owners, developers and EPCs enhanced performance modeling and risk evaluation services; terms were not disclosed.

  • Buyer
    Inszone Insurance Services
    Target
    Blue Chip Insurance
    Seller
    Jay Winter, Jane Winter
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Blue Chip Insurance, a long-established independent agency in Santa Fe, New Mexico, from Jay and Jane Winter. The deal expands Inszone's footprint in the Southwest and brings additional carrier access and resources to Blue Chip's clients.

  • Buyer
    SAM
    Target
    Construction Survey Technologies, Inc. (CSTi)
    Type
    Buyout

    SAM, a provider of spatial data and managed geospatial services, has acquired Construction Survey Technologies, Inc. (CSTi), a geospatial services and facilities/asset management firm based in Las Cruces, New Mexico. The acquisition strengthens SAM's capabilities in geomatics, data visualization, subsurface mapping, and expands its presence in the Southwestern U.S.

  • Buyer
    Bernhard Capital Partners
    Target
    New Mexico Gas Company, Inc. (NMGC)
    Seller
    Emera Inc.
    Industry
    Energy
    Type
    Buyout

    Emera has entered into an agreement to sell its wholly owned operating company, New Mexico Gas Company, Inc. (NMGC), to Bernhard Capital Partners for an aggregate transaction value of $1.252 billion, including the assumption of approximately $500 million of debt. The deal is subject to regulatory approvals and is expected to close in late 2025 (not before September 30, 2025).

  • Buyer
    Municipal Emergency Services, Inc., Platte River Equity
    Target
    Firefighter Trucks, Inc.
    Type
    Addon

    Platte River Equity portfolio company Municipal Emergency Services, Inc. (MES) has acquired Firefighter Trucks, Inc., a Las Cruces, New Mexico-based distributor and servicer of fire apparatus. The add-on expands MES’s geographic coverage and product offering in the first-responder market, broadening MES’s ability to serve fire departments in New Mexico and Colorado.

  • Buyer
    Standard Solar
    Target
    Bent Bow Community Solar project
    Seller
    Energy Management, Inc. (EMI)
    Industry
    Renewable Energy

    Standard Solar has acquired the 4.98-megawatt Bent Bow Community Solar project in Doña Ana County, New Mexico from developer Energy Management, Inc. The ground-mount project, developed by EMI beginning in 2021, is expected to be completed in late 2025 and will dedicate at least 30% of output to low-income subscribers under New Mexico's Community Solar Act.

  • Buyer
    Energy Systems Group
    Target
    Yearout Energy Services
    Industry
    Energy
    Type
    Addon

    Energy Systems Group (ESG) has acquired Yearout Energy Services to expand its national footprint and strengthen its service offerings in the Southwest, including Texas, Colorado, Arizona and New Mexico. Yearout’s management, led by President Colby Geer, will remain in place as part of ESG’s leadership team to accelerate growth and deliver expanded design-build, energy-efficiency, distributed generation and O&M services to public and private sector clients.

  • Buyer
    IT Solutions Consulting (ITS)
    Target
    Steady Networks
    Industry
    IT Services
    Type
    Buyout

    IT Solutions Consulting, a Philadelphia-area managed service provider, has acquired Steady Networks, a Santa Fe and Albuquerque, New Mexico-based IT services firm that serves SMBs in the legal, medical and government contractor markets. The deal expands IT Solutions' footprint into New Mexico and strengthens its capabilities serving government, legal and healthcare verticals; financial terms were not disclosed.

  • Buyer
    US LBM
    Target
    RAKS Building Supply
    Type
    Addon

    US LBM has acquired RAKS Building Supply, a family-owned building materials distributor and truss manufacturer headquartered in Los Lunas, New Mexico. The deal adds five locations (including an 11-acre yard and a truss manufacturing plant) to US LBM’s network, expanding its presence in key Albuquerque-area housing markets while RAKS’ leadership will remain in day-to-day operations.

  • Buyer
    RWC Building Products
    Target
    New Mexico Plaster and Supply
    Type
    Buyout

    RWC Building Products has acquired New Mexico Plaster and Supply, a plaster, stucco and concrete materials supplier based in Albuquerque, New Mexico, effective May 1, 2024. The deal makes New Mexico Plaster a wholly owned subsidiary and expands RWC's stucco product capabilities and geographic footprint in New Mexico.

  • Buyer
    Easy Ice
    Target
    Iceworks, LLC
    Type
    Buyout

    Easy Ice, a nationwide provider of managed commercial ice machine rentals, has acquired Iceworks, LLC, a New Mexico-based commercial ice machine service provider that has served Albuquerque and Santa Fe for 10 years. The deal expands Easy Ice's footprint and density in the Southwest and will transition Iceworks’ customers and operations to Easy Ice’s managed rental platform.

  • Buyer
    CraneTech
    Target
    Twin City Crane & Hoist
    Seller
    Matt Berryman
    Type
    Buyout

    CraneTech has acquired Twin City Crane & Hoist, a small Anthony, New Mexico-based crane and hoist service provider that has served the El Paso, Texas market for over 20 years. The deal brings Twin City’s five employees into CraneTech as the owner, Matt Berryman, retires; CraneTech said the acquisition expands its footprint in the Southwest United States and strengthens service coverage near El Paso/West Texas.

  • Buyer
    Bernhard Capital Partners (Department of Energy services platform)
    Target
    Strategic Management Solutions, LLC (SMSI)
    Type
    Addon

    Bernhard Capital Partners’ dedicated Department of Energy (DOE) services platform has acquired Strategic Management Solutions, LLC (SMSI), a provider of program management, engineering and technical consulting services to DOE, NNSA, national laboratories and industrial nuclear clients. SMSI — founded in 1999 and headquartered in Albuquerque, New Mexico with over 400 employees — will continue to be led by its current management while joining Bernhard’s DOE/NNSA services platform to expand mission-critical capabilities and vertical integration across government nuclear and environmental programs.

  • Buyer
    2AutoGroup
    Target
    Enchanted Mazda
    Seller
    Sonic Automotive
    Industry
    Automotive

    2AutoGroup purchased Enchanted Mazda in Santa Fe, New Mexico from Sonic Automotive; the dealership will operate as Santa Fe Mazda. The transaction was facilitated by Pinnacle Mergers & Acquisitions and marks 2AutoGroup’s first store outside Colorado as it expands into the Santa Fe market.

  • Buyer
    Chenega Security Strategic Business Unit (Chenega SSBU), Chenega Corporation
    Target
    E&M International (EMI)
    Type
    Buyout

    Chenega’s Security Strategic Business Unit has acquired E&M International (EMI), an Albuquerque-based provider of fire alarm systems, mass notification, emergency communications and clean agent fire suppression technologies, for an undisclosed sum. The deal expands Chenega SSBU’s fire and emergency services capabilities to better serve existing and future (including federal) customers.

  • Buyer
    Netsurit
    Target
    iTEAM Consulting, LLC
    Industry
    IT Services
    Type
    Buyout

    Netsurit, a New York–headquartered managed service provider, has acquired iTEAM Consulting, LLC, an Albuquerque-based MSP that serves small and medium businesses across New Mexico. The deal expands Netsurit’s U.S. footprint into the Southwest, strengthens its managed services and Microsoft-focused capabilities, and brings iTEAM’s leadership and technical team into the Netsurit organization.

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