Private equity firm Kava Equity has acquired The Berg Group, a drywall contractor led by CEO Jack Szmanda. The deal marks Kava Equity's latest investment in the industrial and manufacturing sector, though financial terms were not disclosed in the brief announcement.

The Berg Group specializes in drywall installation and finishing services, operating in the construction industry where consolidation has been accelerating. The acquisition aligns with broader trends of private equity firms targeting specialized trades and construction services providers, particularly those with established regional presence and experienced management teams.

This transaction reflects continued investor interest in fragmented industrial sectors where roll-up strategies can create value through operational improvements and geographic expansion. While specific deal metrics remain undisclosed, the acquisition of a specialized contractor like The Berg Group typically signals private equity's focus on businesses with steady cash flows and recession-resistant characteristics in the construction ecosystem.