Industry News

Newly announced acquisitions in the industries we work in.

FirstRidge Service Partners and Weddle & Sons, Inc.
Alec Shimell profile picture

Alec Shimell

June 24, 2026

Weddle & Sons Joins FirstRidge Platform as Its Eighth Roofing Brand

A Manhattan, Kansas roofer with operations in five states joins the Garnett Station Partners-backed platform, which now spans 11 states. Terms were not disclosed.

Quad-C Management, Inc. and Armstrong Transport Group
Alec Shimell profile picture

Alec Shimell

June 24, 2026

Armstrong Transport Group Receives Strategic Investment from Quad-C

Carousel Capital, the Charlotte freight brokerage's first institutional backer, exits after seven years, and Armstrong's management keeps significant ownership. Terms were not disclosed.

C.H. Robinson and DeSpir Logistics
Alec Shimell profile picture

Alec Shimell

June 22, 2026

C.H. Robinson Buys DeSpir Logistics for About $75 Million in Cash

The Minnesota freight broker paid from cash on hand for a 2014-founded Lisle, Illinois, specialist in high-value, high-risk and temperature-controlled freight. The deal closed the day it was announced.

Ridgeline Roofing & Restoration and Freedom Roofing & Construction
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Alec Shimell

June 18, 2026

Ridgeline Roofing Buys Freedom Roofing & Construction, Its Seventh Deal

Bertram Capital-backed Ridgeline, based in Birmingham, Alabama, adds a Champaign contractor founded by Kurt Kiser, its fourth Midwest deal since March 2025. Terms were not disclosed.

Truelink Capital and Horwitz
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Jon Burke

June 15, 2026

Horwitz Receives Strategic Investment from Truelink Capital as Svoboda Exits

The 1918-founded Minneapolis contractor has about 720 employees, and CEO Matt Dekkers and management keep a significant ownership stake. Terms were not disclosed.

Landscape Workshop and Palm Atlantic Landscape Maintenance
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Brian DeRose

June 12, 2026

Landscape Workshop Buys Palm Atlantic Eight Weeks After 4-Ever-Green

The Ares-backed commercial landscape company adds a family-run Deerfield Beach maintenance contractor and all of its employees. No financial terms were announced.

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