Financial Partner: The Edgewater Funds, Frazier Healthcare Partners
Acquired Company: Revenue Masters
Summary: Elevate Patient Financial Solutions (Elevate) acquired Revenue Masters, a cloud-based provider of reimbursement, predictive analytics, automated workflows and performance management services for hospitals and health systems.
Summary: Sparus Holdings (Sparus) acquired United Locating Services (ULS), a premier underground utility locating and damage prevention service provider with operations across the midwestern and southwestern United States.
Acquired Company: Certified Training Institute (CTI)
Summary: American Safety Council (ASC) acquired Certified Training Institute (CTI), a leading provider of online professional licensure and state-mandated continuing education for builders, pesticide applicators, plumbers, real estate agents, architects, and engineers.
Summary: American Safety Council (ASC) acquired S/P2, a leading provider of online safety and professional training and credentialing for career technical schools and the automotive, heavy-duty/diesel, welding, construction, cosmetology, and culinary industries.
Summary: All Safe Global (ASG) acquired Thunderbird Cylinder. ASG’s acquisition of Thunderbird Cylinder expands ASG’s geographic footprint and provides additional scale to the company’s growing business.
Summary: Founded in 1960, Akron Hardware is a leading wholesale distributor of commercial and institutional door hardware. Under High Road’s ownership, Akron and Midwest Wholesale Hardware will join to create the door hardware industry’s largest one-day shipping footprint with a combined inventory capable of satisfying even more customers’ door hardware needs.
Summary: Trace Staffing Solutions, a leading commercial staffing provider in the Southeastern United States, was acquired by Amzak Capital Management, a private investment firm owned by the Kazma family.
Summary: U.S. LBM Holdings acquired GBS Building Supply, a SC-based supplier of windows, doors, stone, roofing, cabinetry, and other building products. The acquisition allows U.S. LBM to further diversify its business from both a product and geographical perspective.
Summary: Anchor Fabrication, a TX-based metal fabricator, acquired Abby Manufacturing, a MS-based metal fabrication business. Anchor Fabrication is backed by Anchor Partners, a TX-based family investment office.
Summary: Coastal Roofing Supply, a provider of roofing products for the residential and commercial industry, was acquired by U.S. LBM Holdings. The acquisition further expands U.S. LBM’s roofing supply business in the Southeastern region.
Acquirer: Industrial Innovation Partners and Spell Capital
Acquired Company: Adler Hot Oil Service
Summary: Adler Hot Oil Service (Adler), a UT-based leading oilfield services company providing heating services for oil and gas well sites, was acquired by Industrial Innovation Partners and Spell Capital.
Summary: Tailwind Capital, a middle market-focused private equity firm acquired West Texas Plastics, a producer, converter and distributor of custom-sized reserve pit liners, tarps, covers and pond liners for oil & gas exploration and production, environmental containment, landfill, agriculture and the construction industries.