Neenah, Inc. Acquires Vectorply Corporation

Charlotte Pipe and Foundry Acquires Neenah Enterprises, Incorporated

July 13, 2022

Manufacturing

Charlotte Pipe and Foundry Company purchased Neenah Enterprises, Incorporated effective July 13, 2022. Neenah, headquartered in Neenah, Wisconsin, operates three foundry plants producing construction and industrial castings; Charlotte Pipe said the deal builds on its core competency in manufacturing grey iron castings.

Appvion Acquires Nekoosa Coated Products

November 1, 2022

Manufacturing

Appvion, a portfolio company of Wynnchurch Capital, announced the addition of Nekoosa Coated Products, LLC to its platform as part of an investment by Wynnchurch. Nekoosa, headquartered in Nekoosa, Wisconsin, is a manufacturer of specialty engineered papers, films and application tapes previously owned by Sentinel Capital Partners; financial terms were not disclosed.

Milliken & Company Acquires Polartec from Versa Capital Management

June 11, 2019

Manufacturing

Milliken & Company signed a definitive agreement to acquire Polartec, LLC from Versa Capital Management; the transaction is expected to close in June and financial terms were not disclosed. The acquisition brings Polartec's performance textile portfolio — including outdoor, fleece, workwear and military-grade fabrics — into Milliken's manufacturing platform to expand its product capabilities and regional manufacturing reach.

Patrick Industries Acquires Inland Plywood Company

August 3, 2020

Building Products

Patrick Industries, Inc. has acquired Inland Plywood Company, a family-owned supplier, laminator, and wholesale distributor of plywood and specialty panels headquartered in Pontiac, Michigan. The acquisition expands Patrick's building-products and distribution capabilities in the marine, RV, and industrial markets and will support Inland's growth and broader geographic reach.

Norwest Equity Partners Acquires QTI Fibers from Highlander Partners

July 1, 2022

Manufacturing

Norwest Equity Partners (NEP) completed a transaction to acquire QTI Fibers, a vertically integrated designer and manufacturer of technical fibers, fabrics and coated materials, on July 1, 2022. NEP intends to support product, customer and end-market expansion at QTI, which operates major manufacturing facilities in Dothan, Alabama and Colfax, North Carolina; management will be led by Allen Smith (CEO) with Roger Arciniega as Non‑Executive Chairman.

Pearlman Group Acquires Vector Tools

December 16, 2021

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, has acquired Advanced Diamond Technologies, Inc. dba Vector Tools. The acquisition expands Pearlman's specialty distribution capabilities in stone fabrication tools and supplies across the U.S. Southeast; founders Elbert Wu and Corey Levy and the current management team will remain with the business. Terms were not disclosed.