LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Standard Merchandising Co. (“SMC”) from Jeff and Lee Tarnoff, third-generation proprietors who have been leading the 93-year-old family business for the past 40 years.

LongWater Opportunities, an operationally‐focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of M3 Glass Technologies in partnership with the Mammen family.

26 M&A energy transactions involving at least one North Texas party and worth at least $120 million closed last year, according to a D CEO analysis of Thomson Reuters data. The total value of those energy deals— $28.6 billion—outstripped all other M&A industry sectors last year.

LongWater Opportunities has sold Circuitronics, Inc., which provides specialized circuit board assembly and related electronic manufacturing services, to Corridor Capital. Terms of the sale were not disclosed. LongWater acquired Circuitronics in 2009. Circuitronics was the final investment in LongWater’s first fund.