LFM Buys Control Panel Maker

LFM Buys Control Panel Maker

LFM Capital has acquired PSI Control Solutions, a manufacturer and assembler of custom electrical control panels and emergency power products. PSI’s products include control panels, low and medium voltage starters, variable frequency drive (VFD) panels, power-metering equipment, transfer switches and generator tap boxes used by original equipment manufacturers. A generator tap box is a device […]

Mill Point Adds Another to KKSP

Mill Point Adds Another to KKSP

KKSP Precision Machining, a portfolio company of Mill Point Capital, has acquired Prime Engineered Components, a maker of metal parts used in the defense, medical, automotive, and aerospace sectors. Prime’s capabilities include screw machining, CNC machining, engineering, cleaning, and assembly of brass, aluminum, stainless steel, steel, nickel alloys, bronze, titanium, and certain plastics including acetal, […]

Arbor’s Steelite Adds Homer Laughlin Foodservice Divisions

Arbor’s Steelite Adds Homer Laughlin Foodservice Divisions

Steelite International, a portfolio company of Arbor Investments, has acquired the foodservice divisions of sister companies Homer Laughlin China Company and Hall China Company (together HLC). Arbor acquired Steelite from PNC Riverarch in December 2019. Steelite is a designer, manufacturer, and distributor of dinnerware, glassware, flatware and other tabletop products to restaurants, hotels, casinos, cruise […]

Sterling Continues Tangent Build

Sterling Continues Tangent Build

Tangent Technologies, a portfolio company of The Sterling Group, has acquired Bedford Technology from Hillcrest Capital Partners and its founder Brian Larsen. Bedford is an extruder of plastic lumber used in structural and semi-structural products in marine infrastructure projects, boardwalks, fencing, and other industrial applications. The company products are made from high-density polyethylene (HDPE) recycled […]

Quad-C Buys Specialty Weaver

Quad-C Buys Specialty Weaver

Quad-C has closed its acquisition of Textum Weaving, a producer of advanced and high-performance textiles. Textum products include fabrics, solid blocks and near net shape preforms, made using specialty yarns including carbon, ceramics, refractory metal (resistant to heat and wear), and aramids (high strength synthetic fibers including DuPont’s “Kevlar”). Textum’s capabilities include uni-directional fabrics, two-dimensional […]

Sole Source Adds Grocery Box

Sole Source Adds Grocery Box

Sole Source Capital’s portfolio company Worldwide Produce (WWP), a distributor of fresh produce, dairy and specialty foods in California and Nevada, has expanded its product line by creating the Worldwide Grocery Box, an assortment of regionally-sourced produce, dairy, eggs and specialty foods. The Worldwide Grocery Box product is offered in two versions – a fresh […]

Lindsay Goldberg Exits VDM Metals

Lindsay Goldberg Exits VDM Metals

Lindsay Goldberg has sold its portfolio company VDM Metals to Acerinox SA for €532 million comprised of €310 million in cash and the assumption of €222 million of debt, including pensions and other obligations. Lindsay Goldberg acquired VDM Metals through a carve-out from ThyssenKrupp in July 2015. VDM Metals is one of the largest European […]

Compass Diversified Buys Marucci

Compass Diversified Buys Marucci

Publicly-traded Compass Diversified Holdings has agreed to acquire Marucci Sports for $200 million. Marucci Sports is a manufacturer and distributor of baseball and softball equipment including wood and metal bats, apparel, batting and fielding gloves, and bags and protective gear. Company-owned brand names include Marucci and Victus (acquired in February 2017) and the company’s major […]

AEI Closes Eighth and Ninth Aero Buys

AEI Closes Eighth and Ninth Aero Buys

In two separate transactions, AE Industrial Partners has once again displayed its commitment to the aerospace sector with the buys of G.S. Precision, a manufacturer of components and specialty hardware used in aero-engines and defense systems, and Adcole Maryland Aerospace from Adcole Corporation, a portfolio company of Artemis Capital Partners. The buy of G.S. Precision […]