Manufacturing Add-on Acquisitions in 2015

  • Buyer
    Control Devices, LLC
    Target
    Flexi-Hinge Valve Company, Inc.
    Seller
    Flexi-Hinge Valve Company, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Control Devices, LLC acquired specific operating assets of Flexi-Hinge Valve Company, Inc., an asset purchase that serves as Control Devices' seventh add-on. The deal expands Control Devices’ flow-control product line by adding Flexi-Hinge’s check valve technology used across municipal and industrial applications, while preserving product and customer continuity.

  • Buyer
    Industrial Group Holdings, LLC, Dunes Point Capital, LLC
    Target
    Standard Locknut, LLC
    Seller
    Capital For Business, Centerfield Capital Partners
    Industry
    Manufacturing
    Type
    Addon

    Industrial Group Holdings, a portfolio company of Dunes Point Capital, has acquired Standard Locknut, LLC from investors Capital For Business and Centerfield Capital Partners. Standard Locknut is a precision manufacturer of bearing accessories based in Westfield, Indiana; the deal expands Industrial Group Holdings’ manufacturing capabilities and product offering across industrial end markets.

  • Buyer
    Trelleborg AB
    Target
    Maritime International, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Trelleborg AB, through its Offshore & Construction business area, has agreed to acquire Maritime International, Inc., a privately owned U.S. marine fender systems designer and manufacturer based in Broussard, Louisiana. The bolt-on deal expands Trelleborg's production and engineering footprint in North America and strengthens its berthing, docking and mooring offering; the acquired business has annual sales of approximately SEK 200 million and the transaction was expected to close in Q4 2015.

  • Buyer
    Accella Performance Materials, Arsenal Capital Partners
    Target
    Premium Spray Products Group of Companies, PSP Canada
    Seller
    PFM Capital, Premium Spray Products shareholders
    Industry
    Manufacturing
    Type
    Addon

    Accella Performance Materials, a portfolio company of Arsenal Capital Partners, has acquired Premium Spray Products Group of Companies (including PSP Canada). Premium Spray Products, a Marietta, Georgia–based manufacturer of spray foams and specialized polyurethane systems, will be integrated into Accella's polyurethane platform; the company's president Mac Hess will remain with Accella. The majority stockholder PFM Capital and other shareholders were represented by Bravaldo Capital Advisors in the transaction.

  • Buyer
    United States Pipe and Foundry Company, LLC (U.S. Pipe), Wynnchurch Capital, Ltd., Comvest Partners
    Target
    Custom Fab, Inc.
    Industry
    Manufacturing
    Type
    Addon

    United States Pipe and Foundry Company, LLC (U.S. Pipe), a portfolio company of Wynnchurch Capital and Comvest Partners, has acquired Custom Fab, Inc., a Florida-based fabricator of pipes and fittings serving the waterworks industry. The deal expands U.S. Pipe's fabrication footprint, adds specialty linings and coatings capabilities, and is intended to improve cost position and customer service across both companies' customer base.

  • Buyer
    Identity Group Holdings Corporation, Ancor Capital Partners
    Target
    Allen Screen Printing, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Identity Group Holdings (an Ancor Capital Partners portfolio company) has acquired Allen Screen Printing, Inc., a Scarborough, Maine-based provider of screen-printing, digital printing, signage fabrication and fulfillment services. The add-on expands Identity Group’s capabilities and specialty presence in retail and grocery/convenience signage and fulfillment; terms were not disclosed.

  • Buyer
    PCX Aerostructures, LLC
    Target
    Cam-Tech Manufacturing, LP
    Industry
    Manufacturing
    Type
    Addon

    PCX Aerostructures, LLC acquired Cam‑Tech Manufacturing, LP on December 23, 2014; Cam‑Tech will operate as a wholly owned subsidiary with Roger Hagger remaining as Vice President. The add-on expands PCX’s precision machining and integrated assembly capabilities for commercial and military aerospace (and power generation) customers; senior debt was provided by First National Bank of Pennsylvania, The PrivateBank, and First Niagara Bank.

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