Utah Deal Intelligence - July 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
7/1/2026 Galloway & Company, LLC acquired Anderson Wahlen & Associates, Inc. The terms of the transaction were not disclosed. Anderson Wahlen provides land development consulting, management, and services and is based in Salt Lake City.
7/2/2026 Mountainland Supply, LLC acquired Northern Power Equipment, Inc. The terms of the transaction were not disclosed. Northern Power distributes electrical utility products for the power transmission and distribution market and is based in Centerville. Mountainland operates as a regional service provider and distributor of commercial lawn and landscaping outdoor power and snow removal equipment and is based in Salt Lake City.
7/7/2026 PT&C Group, LLC, dba Platform Accounting Group, acquired Hultquist Firm CPA PC. The terms of the transaction were not disclosed. Platform provides accounting and advisory support services and is based in Holladay.
7/9/2026 Trucordia Insurance Services, LLC acquired the assets of Dominion Insurance Services Inc. The terms of the transaction were not disclosed. Trucordia offers insurance brokerage services and is based in Lindon.
7/9/2026 Peak Business Valuation, LLC acquired Nationwide Valuations. The terms of the transaction were not disclosed. Peak offers business valuation and advisory services and is based in Lehi.
7/14/2026 AmeriWater LLC acquired Med Water Systems, LLC. The terms of the transaction were not disclosed. Med Water is a manufacturer of laboratory water purification systems for clinical analyzers and is based in Woods Cross.
7/15/2026 Lifetime Products, Inc. acquired the table and chair business of Iceberg Enterprises, LLC. The terms of the transaction were not disclosed. Lifetime manufactures and retails outdoor recreational and storage products for residential and commercial customers and is based in Clearfield.
7/20/2026 FinWise Bancorp (NasdaqGM:FINW) acquired the technology platform and related assets of Tallied Technologies, Inc. The terms of the transaction were not disclosed. FinWise operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers and is based in Murray.
7/20/2026 United Ocular, LLC acquired Glenn Reams Ocularist, Inc. The terms of the transaction were not disclosed. United Ocular provides custom ocular prosthetics and related fitting and maintenance services and is based in Midvale.
7/21/2026 Intermountain Health Care, Inc. agreed to acquire ownership interests in Mountain View Hospital LLC from Surgery Partners, Inc. (NasdaqGS:SGRY). In a related transaction, Intermountain also agreed to acquire ownership interests in Idaho Falls Community Hospital, LLC from Surgery Partners. Total consideration to Surgery Partners is approximately $795.0 million, subject to customary closing conditions. Intermountain provides healthcare services and is based in Salt Lake City.
7/22/2026 Progress Software Corporation (NasdaqGS:PRGS) agreed to acquire substantially all of the assets and certain liabilities of Domo, Inc. (NasdaqGM:DOMO), including its data platform business, for approximately $400.0 million. Domo, together with its subsidiaries, operates a cloud-based modern AI and data products platform and is based in American Fork. Goodwin Procter LLP served as legal advisor to Domo.
7/27/2026 The Carlyle Group Inc. (NasdaqGS:CG) acquired Secturion Systems, Inc. The terms of the transaction were not disclosed. Secturion provides hardware-based network and data storage encryption solutions and is based in Centerville. Wilson Sonsini Goodrich & Rosati, P.C. served as legal advisor to Secturion.
7/28/2026 Integrity, LLC acquired Retirement Health Solutions, Inc. The terms of the transaction were not disclosed. Retirement Health operates as a Medicare-focused insurance brokerage serving clients and communities through a nationwide network of agents and is based in Farmington.
7/29/2026 Fishbowl Inventory acquired Repfabric LLC. The terms of the transaction were not disclosed. Fishbowl designs and develops inventory management software and is based in American Fork.
M&A - Financial
7/28/2026 Tower Arch Capital, L.P. made a majority growth investment in Boxzooka eFulfillment, LLC in partnership with founder Brendan Heegan and the company's executive team The terms of the transaction were not disclosed. Tower Arch is a private equity firm based in Draper. Gibson, Dunn & Crutcher LLP served as legal advisor to Tower Arch.
7/30/2026 Truelink Capital Management, LLC agreed to acquire a majority stake in JT Thorpe Group, Inc. The terms of the transaction were not disclosed. JT Thorpe provides outsourced industrial maintenance services and is based in Salt Lake City. McDermott Will & Schulte LLP served as legal advisor to JT Thorpe.
Private Placements
7/8/2026 Ednition, Inc. announced that it has received a round of funding led by College Board's Mission Investment Fund with participation from Reach Capital and Array Education. Ednition designs and develops RosterStream, a rostering and data interoperability platform for EdTech developers to build and scale applications and is based in Kaysville.
7/8/2026 Vendelux Inc. announced that it has received $50.0 million in its Series B round of funding led by Tribeca Venture Partners with participation from Pelion Venture Partners, HubSpot Ventures, and other investors. Vendelux develops an AI-native event marketing platform and is based in New York. Pelion is a venture capital firm based in Draper.
7/14/2026 Lucid Financial, Inc. announced that it has received $7.0 million in a round of funding led by Tether Ventures with participation from Blockchange Ventures LLC and Lasagna Capital LLC. Lucid provides financial services for the automotive industry and is based in St. George.
7/27/2026 Paterna BioSciences HoldCo Inc. announced that it will receive $11.2 million in a round of funding. As of 8/12/2026, Paterna received $6.3 million in its first tranche from 17 investors. Paterna operates as a biotechnology company developing male fertility solutions and is based in Salt Lake City.
7/30/2026 Nexus Power Enterprises, Inc. announced that it has raised a round of funding that included participation from new investor Madison River Capital LLC and new lender Main Street Capital Corporation. Nexus operates as a manufacturers’ representative and provider of design, engineering, procurement, and project management solutions for electrical power equipment and is based in Salt Lake City. Paul Hastings LLP served as legal advisor to Nexus.
7/30/2026 CodeRabbit, Inc. announced that it has received $143.0 million in its Series C round of funding co-led by Atomico and Smash Capital with participation from BMW i Ventures, Datadog, Pelion Venture Partners, and other investors. The transaction closed on 8/12/2026. Pelion is a venture capital firm based in Draper.
7/31/2026 Ratio Therapeutics, Inc. announced that it has raised $70.0 million in its Series C round of funding that included participation from Eli Lilly and Company (NYSE:LLY), Bristol Myers Squibb (NYSE:BMY), Wasatch Group, and other investors. Wasatch is a privately held investment and operating platform based in Salt Lake City.