Lee Specialties and Nexus Energy Technologies Merge to Form NXL Technologies

Voyager Interests Completes Majority Recapitalization of Lee Specialties

July 30, 2021

Manufacturing

Voyager Interests, a private equity firm focused on energy services and equipment, has completed a majority recapitalization of Lee Specialties, a Blackfalds, Alberta-based manufacturer of wireline pressure control equipment. The transaction provides Lee with capital and a partner to support organic growth and acquisitions while keeping Doug Quinn and the current management team engaged.

Century Engineering Acquires NXL Construction Services, Inc.

April 13, 2019

Construction

Century Engineering, Inc. acquired NXL Construction Services, Inc., a Virginia-based construction management, inspection, and surveying firm. The deal expands Century's presence in Virginia (adding Richmond and Christiansburg offices) and preserves existing NXL contracts and staff.

Avanos Medical Acquires Nexus Medical

September 15, 2025

Medical Devices

Avanos Medical has acquired Nexus Medical, a privately held maker of the TKO anti-reflux needleless connector based in Lenexa, Kansas. The purchase adds Nexus' IV therapy connector technology to Avanos' Specialty Nutrition Systems business to strengthen medication and nutrition delivery in high-acuity settings such as NICUs and PICUs.

NLS Pharmaceutics and Kadimastem Complete Merger to Form NewcelX Ltd

October 30, 2025

Biotechnology

Swiss-based NLS Pharmaceutics Ltd. merged with clinical-stage cell therapy company Kadimastem Ltd. to create a combined Nasdaq-listed biotechnology company named NewcelX Ltd. The merger closed effective October 30, 2025, with the new company beginning trading on the Nasdaq Capital Market on October 31, 2025 under ticker “NCEL.”

The Norlee Group Acquires Colwill Engineering

August 7, 2023

Engineering Services

The Norlee Group, a portfolio company of White Wolf Capital Group, has acquired Colwill Engineering, a Tampa-based electrical, mechanical and technology engineering contractor. White Wolf provided senior term debt and a minority equity co-investment to finance the add-on acquisition, which expands Norlee's engineering and design capabilities across Florida and nationwide.

Lynx Equity Acquires The MNM Group Inc.

April 16, 2025

Telecommunications

Lynx Equity Limited has acquired The MNM Group Inc., a Willow Grove, Pennsylvania-based provider of low-voltage cabling, wireless infrastructure, DAS and EV charging installation services and custom cable assemblies. The acquisition expands Lynx's portfolio into national telecommunications and electrical network services, leveraging MNM's design & build and manufacturing capabilities across the U.S. and Canada.