Utah Deal Intelligence - January 2026
This report is prepared as a courtesy to the Utah business community by Columbia West based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors. Also, feel free to forward to others who may have interest; they can be added to the regular distribution by contacting our office. Our contact information is below.
M&A - Strategic
1/1/2026 Foretopia LLC acquired Esonus, LLC. The terms of the transaction were not disclosed. Esonus provides NetSuite integration solutions in the USA and is based in Sandy. Foretopia operates as an Oracle NetSuite alliance partner that provides NetSuite implementation, optimization, integrations, and managed services and is based in Layton.
1/6/2026 Trucordia Insurance Services, LLC acquired First Texas Agency. The terms of the transaction were not disclosed. Trucordia offers insurance brokerage services and is based in Lindon.
1/6/2026 Sales Rabbit, Inc. acquired Roofle Inc. The terms of the transaction were not disclosed. Sales Rabbit designs and develops an application for managing and optimizing field sales operations and is based in Lehi. Massumi + Consoli LLP served as legal advisor to Sales Rabbit.
1/7/2026 Landmark Aquatic, LLC acquired C.E.M. Maintenance, Inc. The terms of the transaction were not disclosed. Based in Salt Lake City, C.E.M. offers design, build, renovation and service of aquatic facilities across the U.S.
1/8/2026 Waterstone Human Capital Ltd. acquired Spectrum Recruiting Solutions. The terms of the transaction were not disclosed. Based in Draper, Spectrum provides recruiting services for engineering and manufacturing companies.
1/12/2026 Zelis Healthcare Inc. acquired Rivet Health, Inc. The terms of the transaction were not disclosed. Rivet provides healthcare revenue cycle management solutions and is based in Salt Lake City. Foley & Lardner LLP served as legal advisor to Rivet.
1/12/2026 Route App, Inc. acquired Frate Inc. The terms of the transaction were not disclosed. Route develops and operates package tracking software for purchasing products online and is based in Lehi.
1/14/2026 OPTConnect, LLC acquired The DPL Group. The terms of the transaction were not disclosed. OPTConnect provides managed cellular connectivity solutions and services for Internet of Things (IoT) devices and is based in Kaysville.
1/14/2026 Redo Tech, Inc. acquired Malomo, Inc. The terms of the transaction were not disclosed. Redo designs and develops a platform to grow and manage business activity for merchants and is based in Heber City.
1/14/2026 Lehr Upfitters, LLC acquired Premier Vehicle Installation, Inc. The terms of the transaction were not disclosed. Based in Salt Lake City, Premier specializes in the installation of equipment for state, county, city law enforcement, fire, and fleet vehicles.
1/15/2026 Acme United Corporation (NYSEAM:ACU) acquired the assets of SLED Distribution, LLC, dba My Medic, for $18.7 million. My Medic is a Salt Lake City-based supplier of tactical, trauma and emergency medical kits and supplies sold primarily direct-to-consumer.
1/15/2026 Trucordia Insurance Services, LLC acquired Florida Insurance Inc. The terms of the transaction were not disclosed. Trucordia offers insurance brokerage services and is based in Lindon.
1/20/2026 PACS Group, Inc. (NYSE:PACS) acquired Operations of Three Post-Acute Care Facilities Located in Alaska and Idaho. The terms of the transaction were not disclosed. PACS, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the U.S. and is based in Farmington.
1/21/2026 Maintera Facility Services, a Shore Capital Partners platform company, acquired Commercial Asset Preservation, LLC (CAP). The terms of the transaction were not disclosed. Based in Salt Lake City, CAP provides property maintenance and inspection solutions to both operating and vacant site portfolios for multi-site customers.
1/21/2026 Vensure HR, Inc. acquired Distro, LLC. The terms of the transaction were not disclosed. Distro develops and operates an AI-powered recruiting platform and is based in Lehi.
1/22/2026 Capital One Financial Corporation (NYSE:COF) agreed to acquire Brex Inc. for $5.2 billion. Based in Salt Lake City, Brex is an AI-powered intelligent finance platform providing corporate credit cards, business banking, travel and expense management, accounting automation, and other services. Wilson Sonsini Goodrich & Rosati, P.C.; Simpson Thacher & Bartlett LLP; and Skadden, Arps, Slate, Meagher & Flom LLP are serving as legal advisors to Brex.
1/27/2026 Netgain Property Management Services acquired Secure Property Management. The terms of the transaction were not disclosed. Secure provides residential property management and brokerage services and is based in Roy. Netgain provides property management services and is based in Cedar City.
M&A - Financial
1/12/2026 Shayan Enterprises, LLC and BioSelective Capital Investments acquired BioDuro-Sundia’s Drug Product Development and Manufacturing Operations in Irvine, California. The terms of the transaction were not disclosed. Shayan is a Utah-based risk-capital investment firm. BioSelective is a private equity firm based in Park City.
Private Placements
1/8/2026 DeepSee Inc. announced that it has received a strategic investment from Broadridge Financial Solutions Inc. (NYSE:BR). Based in Salt Lake City, DeepSee develops AI-powered software agents that automate complex operational workflows for banks and capital markets firms by analyzing financial data, coordinating processes across systems, and executing tasks within regulated financial environments.
1/14/2026 Landlord Tech, Inc., dba OurPetPolicy, announced that it has received $8.0 million in its Series A round of funding led by new investor RET Ventures with participation from Capital Eleven and StageDotO Ventures. RET is a private equity and venture capital firm based in Park City.
1/20/2026 Mojo AI, Inc. announced that it will receive $10.0 million in a round of funding. As of 2/5/2026, the company has received $6.9 million in its first tranche from six investors. Based in Sandy, Mojo develops an AI-powered safety management platform to save lives and reduce injuries at industrial worksites.
1/28/2026 Origin Physical Therapy announced that it has received a Series B round of funding led by new investor SJF Ventures with participation from BlueCross BlueShield Venture Partners, L.P., Gratitude Railroad, California Infrastructure and Economic Development Bank, and other investors. Gratitude Railroad is a private equity and venture capital firm based in Park City.
1/31/2026 Joule announced that it has raised $60.0 million in its Series B round of funding led by Clear Lake Investments and Foulger Pratt. Based in Millard County, Joule provides energy and digital infrastructure services specifically designed to support high-density computational workloads and sovereign artificial intelligence models.