consolidation

Washington, D.C. – September 30, 2026 -- Volo Sports has acquired recreational sports operators Fray and CLUBWAKA Miami, adding Phoenix and Jacksonville as new markets and deepening its footprint in Washington, D.C. and Miami's Coconut Grove neighborhood.

Fray brings nearly 40,000 annual player registrations across three cities

Founded in 2009 as United Social Sports, Fray operates leagues in Washington, D.C. (over 20,000 player registrations annually), Phoenix (over 9,000) and Jacksonville (over 9,000). The deal marks Volo's first entry into Phoenix and Jacksonville and expands its existing D.C. presence into Virginia across the DMV region. Jacksonville leagues run in Murray Hill, Southside, The Beaches, Arlington, Downtown, San Marco, Springfield and Town Center; Phoenix operations span Arcadia, Avondale, Downtown Phoenix, Mesa, North Scottsdale, Scottsdale and Tempe.

Wood Dale, Illinois – September 28, 2026 -- AAR CORP. (NYSE: AIR) has agreed to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, creating what the company calls the largest heavy maintenance MRO operation in the world, servicing nearly 3,000 aircraft annually.

AAR values MRO Holdings at 10.7x forecasted 2026 EBITDA

The valuation represents 10.7 times MRO Holdings' forecasted full calendar year 2026 adjusted EBITDA, factoring in $75 million of anticipated run-rate cost synergies and net of transaction-related tax benefits with an expected present value of approximately $150 million.

Austin, Texas – September 19, 2026 -- T3 Services Group has acquired Element Home Services, expanding its residential HVAC, plumbing and electrical platform to eight partner companies across seven states.

Element brings four branches across the Mountain West region

Founded in 2016, Element operates branches in Jackson Hole, Wyoming; Durango, Colorado; St. George, Utah; and Prescott, Arizona. The company provides around-the-clock repair, maintenance and replacement services for residential customers.

T3 Services Group CEO cites strong culture and community ties as deal rationale

"Jon and Jaimie have built an exceptional company with a strong culture, talented people and a genuine commitment to the communities they serve," said Joe Finney, chief executive officer of T3 Services Group. Finney said the acquisition expands T3's Mountain West presence.

Atlanta – September 17, 2026 -- Team First Home Services, a residential plumbing platform backed by Grove Mountain Partners, has partnered with Holloway Plumbing, a residential plumbing provider serving Kerrville and the Texas Hill Country.

Deal marks Team First's second Texas partnership after Halls Rooter & Plumbing

The Holloway partnership follows Team First's earlier investment in Halls Rooter & Plumbing in Midland, deepening the platform's footprint across Texas. Holloway will keep operating under its existing local brand while gaining access to Team First's capital and operational resources to expand capabilities and accelerate growth in the region.

New York – September 12, 2026 -- Jencap Group LLC has acquired Concorde General Agency, a North Dakota-based wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance, expanding Jencap's footprint in the upper Midwest.

Concorde retains its brand under Jencap's insurance services division

Concorde will continue operating under its established name as part of the Jencap Insurance Services Inc (JCIS) division. The deal pairs Concorde's regional expertise and carrier relationships with Jencap's national resources and broader product access.

Deal strengthens Jencap's specialty offerings for agency partners

Mark Maher, President of Jencap, said the acquisition strengthens the company's geographic presence in the upper Midwest and expands the specialty products it can deliver through its network. Jencap serves more than 20,000 independent agency partners nationwide as one of the largest wholesalers in the U.S.