Nelson Global Products, a portfolio company of Wind Point Partners, has acquired Tru-Flex, a manufacturer of flexible components used in exhaust systems from HBM Holdings. Tru-Flex is a manufacturer of exhaust bellows, flexible metal hoses and other aftermarket products for on- and off-road commercial vehicles including diesel exhaust systems used in heavy-duty trucks. According to…...
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Arcline Completes 2nd IPS Addition
Integrated Polymer Solutions (IPS), a portfolio company of Arcline Investment Management, has acquired Swift Textile Metalizing. Arcline acquired IPS from Industrial Growth Partners in July 2019. Swift Textile manufactures metalized fabrics that are used in electromagnetic and radio frequency interference shielding applications in the aerospace and defense sectors. Swift’s products – made from conductive and…...
Warren Continues Tree Services Consolidation
Warren Equity Partners has formed Gunnison Company as an umbrella holding company for the firm’s investments in the vegetation management services sector. Warren’s first buy in the sector was in May 2020 when it acquired Atlanta-headquartered Gunnison Tree Services, a provider of tree removal, right-of-way maintenance, and tree management services to electric utilities, residential homes,…...
Probo Medical Acquires SonoDepot
Probo Medical, a portfolio company of Varsity Healthcare Partners since October 2018, has acquired SonoDepot. SonoDepot is a national provider of ultrasound maintenance, service, repair and equipment sales to hospitals, physician offices and imaging centers. SonoDepot, led by President Floyd McAuliffe and CEO Jack McAuliffe, was founded in 1985 and is headquartered near Orlando in…...
J.F. Lehman Adds to Marine Platform
International Marine and Industrial Applicators (IMIA), a portfolio company of J.F. Lehman & Company, has acquired Main Industries. Main Industries provides surface preparation and coating services to the US Navy, US and foreign flag commercial vessels, and industrial customers. The company also provides scaffolding and environmental containment services. Employee-owned Main Industries was founded in 1976…...
