Recent Acquisitions in Tennessee

Acquisition Volume in in Tennessee by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Recent Acquisitions in Tennessee. 132 2022 103 2023 128 2024 110 2025 ~151 est. 39 2026
Actual Full-year estimate
  • Buyer
    Construction Partners
    Target
    Four Star Paving, LLC
    Industry
    Construction
    Type
    Addon

    Construction Partners has completed the acquisition of Four Star Paving, LLC, a commercial paving contractor serving the Nashville, Tennessee metro area. The deal integrates Four Star into Construction Partners’ Tennessee platform company, Pavement Restorations, Inc., strengthening vertical integration and expanding construction capacity for asphalt paving and related infrastructure services in the growing Nashville market.

  • Buyer
    Office Ally
    Target
    Jopari Solutions, Inc.
    Seller
    WestView Capital
    Type
    Buyout

    Office Ally announced it has acquired Jopari Solutions, a provider of straight-through electronic claims processing and electronic payment capabilities for Property 26 Casualty, Commercial, and Government healthcare. The acquisition is intended to expand Office Ally’s all-payer clearinghouse network and payer-to-provider payment infrastructure by combining complementary claims, attachments, and payment workflows.

  • Buyer
    Cerity Partners
    Target
    Covenant Partners LLC
    Type
    Buyout

    Cerity Partners announced it will merge with Covenant Partners LLC, a Nashville-based boutique wealth management firm. The combined business will operate under the Cerity Partners name, expanding Cerity’s footprint into Tennessee while preserving Covenant’s high-touch client experience.

  • Buyer
    GALLS
    Target
    CMS Uniforms and Equipment, Inc.
    Seller
    Steve Roate and Julie Roate (founders)
    Type
    Buyout

    GALLS announced the acquisition of CMS Uniforms and Equipment, Inc., a regional public-safety uniforms and equipment provider based in Nashville, Tennessee. The deal expands GALLS’ footprint in key Tennessee markets and combines GALLS’ national logistics and product portfolio with CMS’ localized expertise and customer relationships.

  • Buyer
    AngelEye Health
    Target
    SupportSpot platform
    Seller
    Child Life On Call
    Type
    Buyout

    AngelEye Health acquired the SupportSpot platform from Child Life On Call to expand pediatric family support and care-continuum capabilities across neonatal and pediatric settings. The acquisition integrates SupportSpot’s child life–informed psychosocial education and procedural preparation resources into AngelEye’s existing neonatal/pediatric digital ecosystem.

  • Buyer
    Pediatrix Medical Group
    Target
    Tennessee Maternal-Fetal Medicine
    Type
    Buyout

    Pediatrix Medical Group expanded its maternal health services footprint by acquiring Tennessee Maternal-Fetal Medicine. The acquired practice will operate as Maternal-Fetal Medicine Specialists of Tennessee under the Pediatrix banner and provide high-risk pregnancy care across five Middle Tennessee locations.

  • Buyer
    Trinity Consultants
    Target
    Process Improvement Institute Inc.
    Type
    Addon

    Trinity Consultants announced the acquisition of Process Improvement Institute Inc. (PII), a Tennessee-based consulting and training firm specializing in process safety management, risk management, and process reliability. The deal integrates PII’s process safety management (PSM) training, engineering, human factors consulting, management system implementation, and Safety Instrumented Systems verification capabilities to strengthen Trinity’s PSM expertise and expand its international footprint.

  • Buyer
    Home Bancshares, Inc.
    Target
    Mountain Commerce Bancorp, Inc.
    Type
    Buyout

    Mountain Commerce Bancorp, Inc. shareholders approved the proposed merger with Home Bancshares, Inc. Subject to remaining closing conditions, the deal is expected to close in early Q2 2026. Home BancShares also received key regulatory approvals, including from the Federal Reserve Board and the Arkansas State Bank Department.

  • Buyer
    Premise Health, Crossover Health
    Target
    Crossover Health, Premise Health
    Type
    Buyout

    Premise Health and Crossover Health merged to create a unified organization delivering onsite, nearsite, and virtual advanced primary care and occupational health services. The combined company will serve more than 400 organizations and millions of members, operating nearly 900 wellness centers across the United States.

  • Buyer
    Zavation Medical Products, LLC
    Target
    ChoiceSpine Holdings, Inc. (ChoiceSpine)
    Seller
    Altus Capital Partners (sold ChoiceSpine to Zavation)
    Industry
    Medical Devices
    Type
    Buyout

    Zavation Medical Products, LLC (Zavation), a portfolio company of Gemspring Capital, acquired ChoiceSpine Holdings, Inc. (ChoiceSpine), a Knoxville, Tennessee designer and manufacturer of spinal implant systems. ChoiceSpine will maintain its brand and operations as the companies work toward a unified organization; deal terms were not disclosed.

  • Buyer
    Peak Rock Capital (affiliate)
    Target
    UL Solutions Inc. - Employee Health and Safety (EHS) software business (to be rebranded as PureEHS)
    Seller
    UL Solutions Inc.
    Industry
    Cloud & SaaS
    Type
    Addon

    An affiliate of Peak Rock Capital has signed a definitive agreement to acquire the Employee Health and Safety (EHS) software business of UL Solutions Inc. The acquired business will be rebranded as PureEHS following the anticipated closing in Q2 2026.

  • Buyer
    Nakamoto Inc.
    Target
    BTC Inc, UTXO Management GP, LLC
    Seller
    BTC Inc. securityholders, UTXO Management securityholders
    Type
    Buyout

    Nakamoto Inc. (NASDAQ: NAKA) completed the acquisition of BTC Inc., a leading Bitcoin-focused media and events operator, and UTXO Management GP, LLC, an investment adviser focused on Bitcoin companies. The transaction was paid in Nakamoto common stock (364,795,104 shares, valued at $81.63 million based on the Feb 19, 2026 close) and brings BTC Inc. and UTXO in as wholly owned subsidiaries, adding approximately $80.5 million of combined revenue (12 months ended Sept 30, 2025).

  • Buyer
    Ground Control Business Management (Wealthspire)
    Target
    Wiles + Taylor & Co.
    Type
    Addon

    Wealthspire’s Ground Control Business Management has acquired Nashville-based Wiles + Taylor & Co., a music-focused business management and tax consulting firm. The deal expands Ground Control’s U.S. footprint beyond California, adds specialized touring and royalty administration capabilities, and brings roughly 65 employees into the platform while Wiles + Taylor continues operating in Nashville.

  • Buyer
    Edison Partners
    Target
    Payra

    Payra, an ERP-native accounts receivable and cash application automation platform for construction and industrial suppliers, raised a $15 million growth equity investment from Edison Partners. The funding is intended to expand Payra’s product capabilities, deepen ERP integration partnerships, and scale go-to-market efforts across construction and industrial verticals.

  • Buyer
    Summit Wealth Group
    Target
    Premier Private Wealth
    Type
    Buyout

    Summit Wealth Group has merged with Premier Private Wealth, a Franklin/Nashville-area wealth management firm with $470 million in AUM, expanding Summit’s presence in Tennessee and lifting combined AUM to about $3 billion. The deal also launches Summit Wealth Group Family Office Services, with Premier CEO Michael Comstock joining Summit as Head of Family Office Services and leading the new Franklin office.

  • Buyer
    Cemtrex, Inc., Advanced Industrial Services (AIS), AIS Tennessee
    Target
    Richland Industries
    Type
    Buyout

    Cemtrex, Inc. announced that its Advanced Industrial Services (AIS) subsidiary acquired all the assets of Richland Industries, a Tennessee-based industrial services and fabrication company. AIS also established a new subsidiary, AIS Tennessee, to acquire and operate the business and its primary Pulaski, Tennessee facility, expanding Cemtrex’s industrial services platform into the southeastern U.S.

  • Buyer
    Averon Group, Trinity Hunt Partners
    Target
    Fenco Supply
    Type
    Addon

    Averon Group, a national HVAC distribution platform backed by Trinity Hunt Partners, announced an investment in Fenco Supply, adding the family-owned HVAC distributor to its platform. The move expands Averon Group’s footprint into the Southeast and strengthens its network of independent HVAC distributors serving contractors and facility managers.

  • Buyer
    Arctiq, Inc., Gallant Capital Partners
    Target
    Verinext Corp.
    Seller
    Mill Point Capital LLC
    Industry
    IT Services
    Type
    Buyout

    Arctiq has acquired Verinext, combining their complementary managed IT capabilities to create a broader, next-generation managed technology services platform. The deal was completed in early February 2026, with both firms bringing established expertise across enterprise security, networking, hybrid infrastructure, and data/AI-enabled services.

  • Buyer
    Concentric Equity Partners
    Target
    Pollan Paving
    Seller
    Benji Pollan

    Concentric Equity Partners (CEP), the direct investing arm of Financial Investments Corporation, announced the closing of its partnership with Benji Pollan and the recapitalization of Pollan Paving. Benji Pollan and Vice President Craig Kamyszek will continue to lead day-to-day operations and retain significant ownership stakes.

  • Buyer
    Werner Enterprises, Inc., Werner Enterprises, Inc.
    Target
    First Enterprises, Inc. (FirstFleet), FirstFleet real estate properties
    Seller
    FirstFleet owners (including Paul Wilson)
    Industry
    Transportation
    Type
    Buyout

    Werner Enterprises, Inc. acquired privately owned Dedicated trucking company First Enterprises, Inc. (FirstFleet) for approximately $245 million in cash, and will separately purchase FirstFleet’s real estate properties for about $37.8 million. The acquisition positions Werner as the fifth-largest Dedicated carrier in the U.S. and is expected to be immediately accretive to earnings per share.

  • Buyer
    The Amlon Group, Heartwood Partners
    Target
    Mastermelt America LLC
    Type
    Addon

    The Amlon Group, backed by Heartwood Partners, acquired Mastermelt America LLC. The acquired Sweetwater, Tennessee facility is now operating as Amlon Sweetwater and adds thermal processing and chemical dissolution capabilities for complex industrial waste streams.

  • Buyer
    Transit Technologies
    Target
    Vehicle Installs
    Industry
    IT Services
    Type
    Buyout

    Transit Technologies announced the acquisition of Vehicle Installs, a fleet installation and mobile electronics services firm specializing in telematics, GPS, and camera deployments. The deal is intended to strengthen Transit’s end-to-end solution deployment capabilities by expanding reliability, consistency, and geographic coverage across its Public Sector, Fleet, Campus, and K-12/Motorcoach client base.

  • Buyer
    American Industrial Partners (AIP)
    Target
    International Paper - Global Cellulose Fibers (GCF)
    Seller
    International Paper
    Type
    Buyout

    American Industrial Partners (AIP) has completed its acquisition of International Paper’s Global Cellulose Fibers (GCF) business. The transaction was valued at $1.5 billion, with AIP paying cash and issuing preferred stock to International Paper, and GCF now operates as an independent company.

  • Buyer
    Jackalope Brewing Company
    Target
    Black Abbey Brewing Company
    Industry
    Food & Beverage
    Type
    Buyout

    Jackalope Brewing Company has acquired Nashville-area craft brewer Black Abbey Brewing Company, formalizing a relationship the two breweries say has existed for more than a decade. The move will preserve Black Abbey's European-inspired brewing identity while providing increased production capacity, broader distribution, and additional resources to support long-term brand development and regional growth.

  • Buyer
    Allegheny Petroleum Products
    Target
    McNutt Oil Company
    Industry
    Oil & Gas
    Type
    Buyout

    Allegheny Petroleum Products has acquired McNutt Oil Company of Maryville, Tennessee in a private transaction. Allegheny will retain McNutt’s employees and facilities and plans to add local manufacturing and blending capabilities at the Maryville site in 2026 to expand its national manufacturing footprint.

  • Buyer
    Allshares
    Target
    Stock & Option Solutions (SOS)
    Industry
    Software
    Type
    Buyout

    Allshares acquired Stock & Option Solutions (SOS), a U.S.-based specialist in end-to-end equity compensation and equity plan administration. The deal adds a U.S. services platform to Allshares’ ownership management software, aiming to accelerate Allshares’ expansion in its largest and fastest-growing market and extend SOS’ reach through Allshares’ international footprint.

  • Buyer
    MIRATECH
    Target
    Advanced Catalyst Systems (ACS)
    Industry
    Manufacturing
    Type
    Buyout

    MIRATECH, a Tulsa-based provider of emissions and acoustic control solutions, has acquired Advanced Catalyst Systems (ACS), a Maryville, Tennessee manufacturer of catalyst technologies and emission control systems. The acquisition expands MIRATECH’s U.S. catalyst manufacturing capacity, strengthens its East Tennessee footprint, and brings ACS' proprietary coating and substrate capabilities into MIRATECH’s platform to accelerate R&D and support growing emissions-compliance demand.

  • Buyer
    Lower, LLC
    Target
    Acopia Home Loans
    Type
    Buyout

    Lower, a VC-backed digital mortgage lender, has acquired Acopia Home Loans to expand its retail origination footprint across the Southeastern United States. The deal brings 14 branch locations, 36 loan originators and more than $425 million in annual production into Lower's platform and will operate as Team Acopia within Lower's Southeast division.

  • Buyer
    Primient
    Target
    Primient Covation, LLC
    Seller
    Huafon Group
    Industry
    Manufacturing
    Type
    Buyout

    Primient has agreed to purchase the remaining ownership interest in Primient Covation, LLC, making Primient the sole owner. The deal is expected to close in the first calendar quarter of 2026, subject to customary regulatory approvals.

  • Buyer
    Agentis Longevity
    Target
    Arete Wellness
    Type
    Buyout

    Agentis Longevity has acquired Nashville-based Arete Wellness to combine precision longevity medicine with concierge recovery and performance services, expanding Agentis’s national footprint in personalized, preventative care. Financial terms were not disclosed; Arete brings a team of more than 45 traveling nurses and medical professionals and a client roster that includes professional athletes and entertainers.

  • Buyer
    Behavioral Framework, Renovus Capital Partners
    Target
    Autism ETC
    Type
    Addon

    Behavioral Framework, a family-owned ABA therapy provider backed by Renovus Capital Partners, announced that Autism ETC (AETC) is joining its platform. Autism ETC operates five clinics across Tennessee and Arizona; the deal is an add-on to expand Behavioral Framework’s center-based services, geographic footprint, and clinical capacity while preserving Autism ETC’s leadership and clinical model.

  • Buyer
    SLR International Corporation (SLR)
    Target
    WAP Sustainability, LLC
    Type
    Buyout

    SLR International Corporation (SLR) has acquired WAP Sustainability, LLC, a Nashville-based sustainability consulting and ESG data solutions firm. The deal brings nearly 100 WAP employees and enhances SLR's sustainability consulting, product‑sustainability and ESG data capabilities to serve building products, packaging, textiles, electronics and consumer goods clients.

  • Buyer
    Rotation Digital, The Brydon Group
    Target
    Syssero
    Industry
    IT Services
    Type
    Addon

    Rotation Digital, a full-stack digital technology services company backed by The Brydon Group, has acquired Syssero, a consultancy specializing in workforce technology and enterprise applications. The add-on strengthens Rotation Digital's workforce technology and enterprise application capabilities and expands its delivery resources across clients.

  • Buyer
    Koch Companies
    Target
    Store Opening Solutions (SOS)
    Seller
    Marmon Holdings, Inc.
    Type
    Buyout

    Koch Companies has acquired Store Opening Solutions (SOS) from Marmon Holdings, expanding Koch's warehousing, fulfillment and retail-oriented logistics capabilities. The acquisition, which brings SOS's Murfreesboro-based operations and multiple regional locations into Koch Logistics, doubles Koch's nationwide warehouse footprint and strengthens its retail services offering.

  • Buyer
    DirectMed Imaging, Frazier Healthcare Partners
    Target
    Tri-Imaging Solutions
    Industry
    Medical Devices
    Type
    Addon

    DirectMed Imaging, a portfolio company of Frazier Healthcare Partners, has acquired Tri-Imaging Solutions and will combine the two businesses under the Tri-Imaging name. The transaction creates a scaled imaging solutions platform that expands parts inventory, service capabilities, and technical training for healthcare networks, independent service organizations, and equipment manufacturers.

  • Buyer
    Windjammer Capital
    Target
    MFG Chemical
    Seller
    Platte River Equity
    Industry
    Manufacturing
    Type
    Buyout

    Windjammer Capital has acquired MFG Chemical, a specialty chemical developer and manufacturer headquartered in Chattanooga, Tennessee, from Platte River Equity. Windjammer plans to support MFG's growth through investments in operational excellence, product development, and strategic acquisitions, positioning MFG as a platform within specialty chemicals.

  • Buyer
    Anchor Health Properties
    Target
    Chestnut Funds (now operating as Anchor Health Capital)
    Type
    Buyout

    Anchor Health Properties has acquired a majority interest in Chestnut Funds, which will operate as Anchor Health Capital, a fund advisory and investment management subsidiary. The combination creates a vertically integrated platform to expand Anchor’s healthcare real estate investment capabilities and capital flexibility; Chestnut co‑founder Steen Watson will continue to lead the new subsidiary as President.

  • Buyer
    Gauge Capital
    Target
    Reliable Medical
    Seller
    Seven Hills Capital

    Gauge Capital has partnered with Reliable Medical's management to provide growth capital and complete a recapitalization, acquiring the Nashville-based provider of Complex Rehabilitation Technology (CRT) from prior sponsor Seven Hills Capital. The investment will support Reliable Medical's expansion of clinical capabilities, geographic footprint, and continued focus on high-touch post-delivery services for patients with severe mobility impairments.

  • Buyer
    Pinnacle Financial Partners, Inc., Pinnacle Bank
    Target
    Synovus Financial Corp., Synovus Bank
    Type
    Buyout

    Pinnacle Financial Partners, Inc. completed its merger with Synovus Financial Corp., forming a combined regional bank holding company operating under the Pinnacle Financial Partners name. The holding-company merger closed on January 1, 2026, and the surviving-bank merger (Synovus Bank into Pinnacle Bank) closed on January 2, 2026, with full system and brand conversions expected in early 2027.

  • Buyer
    Broadwing Capital
    Target
    CloudScale365
    Industry
    IT Services
    Type
    Buyout

    Broadwing Capital, a Dallas-based private equity firm, has acquired CloudScale365 as the inaugural investment in its new IT managed service provider (MSP) platform. CloudScale365 is a Nashville-based provider of managed IT, cloud, hosting, and security solutions for small and medium-sized businesses; the founder will transition to a consulting role and Bret Kidd was named CEO as the company pursues expansion in AI, cybersecurity, and infrastructure.

  • Buyer
    Solis Mammography
    Target
    Knoxville Comprehensive Breast Center
    Type
    Buyout

    Solis Mammography, the nation's largest independent provider of specialized breast health services, has acquired Knoxville Comprehensive Breast Center, expanding Solis's footprint into East Tennessee. The acquisition brings the long-established Knoxville breast center into Solis's network as the company expands into its 24th major market.

  • Buyer
    Cencora, Inc.
    Target
    OneOncology
    Seller
    TPG, Other shareholders of OneOncology
    Type
    Buyout

    Cencora, Inc. entered into a definitive agreement to acquire the majority of the outstanding equity interests it does not already own in OneOncology from TPG and other shareholders. The transaction is valued at an enterprise value of $7.4 billion, with expected close by the end of Cencora’s fiscal 2026 second quarter subject to customary regulatory approvals.

  • Buyer
    UKG Inc.
    Target
    Inova Payroll
    Type
    Buyout

    UKG has entered into a definitive agreement to acquire Inova Payroll, a U.S. human capital management (HCM) and payroll services provider focused on small and mid-sized businesses. The deal is expected to strengthen UKG’s ability to deliver outsourced HR support and benefits brokerage directly to the SMB market, with closing targeted for early 2026.

  • Buyer
    BioMatrix Infusion Pharmacy
    Target
    First Choice Wellness Centers, LLC
    Seller
    Mark Osborne (Owner, First Choice Wellness Centers)
    Type
    Buyout

    BioMatrix Infusion Pharmacy acquired First Choice Wellness Centers, LLC (transaction closed December 10, 2025) to expand its ambulatory and home infusion footprint across the Southeast. First Choice operates eleven ambulatory infusion centers across Alabama, Florida, Georgia, Kentucky and Tennessee, bringing referral relationships, patient volume and payer access that support BioMatrix's community-based infusion strategy.

  • Buyer
    The Care Team, Revelstoke Capital Partners
    Target
    Traditions Health
    Seller
    Traditions Health, Dorilton
    Type
    Addon

    Revelstoke Capital Partners’ portfolio company, The Care Team, has acquired select hospice and palliative care operations of Traditions Health in Illinois, Indiana, Ohio and Virginia. The add-on expands The Care Team’s geographic footprint across the Midwest and Mid-Atlantic and brings Traditions Health staff and capabilities into The Care Team’s multi-state hospice platform.

  • Buyer
    Investcorp
    Target
    Guardian Fire Services
    Seller
    Northern Lakes Capital
    Type
    Buyout

    Investcorp has acquired Guardian Fire Services, a Nashville-based provider of fire protection and life safety services, from Northern Lakes Capital. Guardian operates 17 branches across the U.S., serving commercial, industrial, healthcare and educational customers; management will remain meaningful shareholders as Investcorp supports the company's continued growth.

  • Buyer
    MiCare Path
    Target
    Compwell, LLC
    Type
    Buyout

    MiCare Path closed its fourth funding round and acquired Tennessee-based Compwell, LLC to accelerate national expansion and enhance its virtual care capabilities. The deal adds Compwell’s virtual assessments and care management services to MiCare Path’s reimbursable platform, supporting RPM, RTM, CCM and PCM and advancing AI-driven workflow automation.

  • Buyer
    Zeta Global
    Target
    Marigold (enterprise software business), Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, Grow
    Seller
    Marigold
    Industry
    Cloud & SaaS
    Type
    Buyout

    Zeta Global has completed the acquisition of Marigold's enterprise software business (including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow) for aggregate consideration of up to $325 million. The deal expands Zeta's AI marketing platform capabilities across loyalty, omni-channel engagement, and personalization, broadening its enterprise customer base and subscription revenue streams.

  • Buyer
    HMP Global
    Target
    Music City SCALE
    Type
    Buyout

    HMP Global has acquired Music City SCALE, a long-running multispecialty meeting in aesthetic medicine, medical dermatology, and regenerative skin health, to expand its skin-health education portfolio and build a more comprehensive learning ecosystem. The SCALE founders will continue to guide scientific direction and faculty engagement; terms of the transaction were not disclosed.

  • November 18, 2025
    Buyer
    LRT Group
    Target
    XGS
    Type
    Buyout

    LRT Group has acquired Xpress Global Systems (XGS), a Chattanooga-based logistics provider focused on flooring distribution and LTL services. The acquisition is intended to strengthen LRT Group’s less‑than‑truckload (LTL) capabilities and expand XGS’s geographic coverage and service levels, particularly into the Southeast.

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