Manufacturing Acquisitions in 2025

Linamar Corporation completed its previously announced acquisition of Georg Fischer’s Leipzig facility in Germany for €45 million (reported as roughly $72 million). The Leipzig plant is a technology leader in ductile iron castings, with capabilities spanning prototyping and 3D printing through series production and machining, and is expected to support Linamar’s growth in complex cast components across multiple end markets.

E.P. Gerber & Sons, a wooden products manufacturer, has acquired Solid Dimensions, a Norwalk, Ohio-based supplier of USA-made wooden promotional products. Solid Dimensions will continue operating under its name as part of E.P. Gerber’s promotional products division, with co-founder Tim Parcher staying on as general manager during the transition. Financial terms were not disclosed.

Salt Creek Capital acquired a controlling stake in Nanoptix Inc., a provider of thermal printing technologies for the global gaming, lottery and kiosk industries. As part of the transaction, founder and CEO Daniel Vienneau sold his controlling ownership position and moved to an advisory role, while long-time CFO Jacques LeBlanc was promoted to CEO.

EverZinc Corporation, a global provider of specialty zinc materials, has completed a transaction to be acquired by affiliates of Cerberus Capital Management, L.P. As part of the deal, Cerberus affiliates made a significant capital commitment to support EverZinc’s future growth, innovation, and global expansion.

Mangrove Equity Partners announced the sale of Vintage Air, a designer and manufacturer of aftermarket air conditioning systems for classic and late-model cars and trucks. The buyer was not disclosed in the announcement. During Mangrove’s ownership, Vintage Air completed an add-on acquisition of AC Solutions to expand product capabilities and market reach.

B&D Fabricators (an Entegra Attachments company) acquired Leading Edge Attachments Inc., a Hubbardston, Massachusetts-based supplier of patented frost and rock ripping buckets and other heavy equipment attachments. The deal expands Entegra’s heavy attachments growth platform and adds Leading Edge’s specialized product line and engineering expertise to B&D’s broader standard and custom attachments offering.

LongueVue Capital (LVC) announced a partnership with Saelens, a precision manufacturing platform focused on highly automated CNC machining and strategic/global sourcing for OEM customers across industrial end markets. Saelens, founded in 1974 and headquartered in Johnson Creek, Wisconsin, operates two manufacturing facilities in Wisconsin and serves customers under the Diamond Precision Products and Coupling Nut Supply trade names, with global sourcing via its Lembak Global Sourcing subsidiary.

Carsoe acquired Ryco Equipment, a provider of seafood processing solutions and technology, with the transaction effective immediately. The deal expands Carsoe’s product portfolio and strengthens its ability to serve seafood processing customers in the United States and globally through combined capabilities and local support.

Arclin, a materials science company headquartered in Alpharetta, Georgia, has completed its acquisition of The Willamette Valley Company (WVCO). WVCO is an engineered solutions provider and manufacturer/distributor of custom chemistry-based products and services across wood products, railroad, concrete repair, transportation, infrastructure, and consumer products, adding eight facilities and roughly 500+ employees to Arclin’s footprint.

Patrick Industries, Inc. completed the acquisitions of Quality Engineered Services (QES) and Egis Group, LLC to expand its marine market presence and engineered electrical capabilities. QES manufactures wire harnesses and electrical systems for marine and RV applications, while Egis develops engineered electrical components and system-level solutions for marine and specialty vehicles. The two businesses had combined trailing 12-month revenue of approximately $39 million through November 2025 and will continue operating under their existing brands and facilities.

Salt Creek Capital acquired Northrock Industries, Inc., a manufacturer of American-made industrial construction tools such as concrete vibrators and ceiling grinders. Northrock, founded in 1992 and headquartered in Bohemia, New York, will be led by incoming CEO Bret Schmitz following the exit of co-founder and president Brian Robertson.

MiddleGround Capital announced the closing sale of its portfolio company, Lindsay Precast, to TJC, LP (formerly The Jordan Company). Lindsay Precast, headquartered in Gainesville, Florida, manufactures prefabricated concrete and steel products for infrastructure end markets; MiddleGround highlighted operational and footprint expansions during its ownership, including the 2022 acquisition of Dutchland Incorporated.

Continuim Equity Partners (via Continuim Equity Partners Fund II, LP) has acquired MindCore Technologies, Inc., a manufacturer of high-voltage and extra-high-voltage switching solutions for electric utilities. MindCore’s founder and management team will remain active shareholders alongside Continuim, which plans to expand manufacturing capacity and potentially open a new production facility in the United States.

PRO-SET Formulated Resin Systems, LLC, a holding company of private equity firm Iron Path Capital, acquired Wessex Resins and Adhesives Ltd., a European formulator and manufacturer of high-performance epoxy resins and adhesives. The deal expands PRO-SET’s composite resins and adhesives platform into Europe, building on Wessex’s long-standing role as Gougeon Brothers’ European licensing partner for brands including WEST SYSTEM, PRO-SET and Entropy Resins.

Levine Leichtman Capital Partners (LLCP) partnered with management to acquire USA Industries, LLC from Sky Island Capital; financial terms were not disclosed. USA Industries, founded in 1982, manufactures industrial flow control, piping isolation, and testing products (including tube plugs and related devices) serving refinery, chemical, industrial, and pharmaceutical end markets. The company will continue to be led by CEO Justin Watts and is a platform investment for LLCP Lower Middle Market Fund III, L.P.

Mobile Concepts Specialty Vehicles acquired Molly Corporation, a family-owned manufacturer of the Molly Trolley headquartered in Wells, Maine. The transaction closed on December 16, 2025, with Generational Group serving as advisor to Molly Corporation.

Sound Growth Partners (SGP), together with co-investors, acquired Sports Attack, LLC on December 15, 2025 using SGP’s “One-Stop Buyout” structure. Sports Attack, headquartered in Verdi, Nevada, manufactures high-velocity sports training equipment such as pitching machines for baseball/softball and training machines for volleyball and football.

Metromont, LLC announced it will acquire Heldenfels Enterprises, Inc., a Texas-based producer of precast and prestressed concrete products. Metromont will purchase the company from founder Fred Heldenfels IV and other shareholders, and Heldenfels will operate as “Heldenfels Enterprises, a Metromont Company” effective December 15, 2025.

Detroit Manufacturing Systems, LLC (DMS) closed its previously announced acquisition of Android Industries, LLC and Avancez, LLC, combining the three businesses into a newly formed global manufacturing and assembly company, Voltava, LLC. Voltava is headquartered in Auburn Hills, Michigan, and is wholly owned by Bruce Smith, who will serve as Chairman and CEO. The combined company employs about 5,400 people across 21 global locations and serves end markets including automotive and industrial manufacturing.

Union Park Capital, a Boston-based private equity firm, has completed the acquisition of GAM Enterprises, a manufacturer of high-precision gear reducers, couplings, and custom motion control and automation solutions. The deal launches Union Park’s new precision motion control platform focused on benefiting from growth in industrial automation and robotics. Transaction terms were not disclosed, and GAM’s president Craig Van den Avont will continue to lead the business as CEO of the platform.

Littelfuse, Inc. acquired Basler Electric Company, a family-owned designer and manufacturer of electrical control and protection solutions, for approximately $350 million in cash. The transaction closed on December 11, 2025, and Basler will operate within Littelfuse’s Industrial Segment to strengthen its high-power application capabilities in markets including grid and utility infrastructure, power generation, and data centers.

StoneTree Investment Partners made an undisclosed investment in Reel Power International Corp., an Oklahoma City, Oklahoma-based manufacturer of engineered, automation-enabled winding, spooling, and flexible material-handling equipment. The transaction was structured as a sale from prior owner Praesidian Capital (which had partnered with Dubin Clark in 2023) to StoneTree, with Mesirow advising Reel Power and McGuireWoods advising StoneTree.

TARAtps, a South Korea-based printing company, announced the full acquisition of Illinois-based commercial printer Chicago Offset, which will operate as a wholly owned subsidiary while retaining its brand. In connection with the deal, TARAtps also established TARA USA as its first overseas corporate entity to coordinate North American operations and implement a dual-production system spanning South Korea and the United States.

Value Added Distributors (VAD) acquired L.T.L. Supply (LTL), a Green Bay, Wisconsin-based manufacturer and distributor of custom wire harnesses and electrical assemblies. The deal expands VAD’s manufacturing capabilities and electrical solutions offering, and represents VAD’s first acquisition since partnering with Rotunda Capital Partners in 2024.

HNI Corporation completed its acquisition of Steelcase Inc., combining two workplace furnishings industry leaders. Steelcase shareholders received a mix of cash and HNI stock (with multiple election options), and Steelcase will continue to be headquartered in Grand Rapids, Michigan following the closing.

Arcline Investment Management acquired Altronic, LLC from HOERBIGER Group. Altronic, founded in 1955 and headquartered in Girard, Ohio, supplies advanced ignition, control, and instrumentation systems for critical infrastructure industrial power systems, serving OEMs and operators across energy, power generation, and other industrial markets.

Fortifi Food Processing Solutions ("Fortifi") completed its acquisition of Provisur Technologies, a provider of further-processing equipment and solutions for the protein industry. The deal expands Fortifi’s end-to-end food processing automation offering by adding Provisur’s downstream capabilities (e.g., grinding, forming, slicing, tumbling) and strengthens Fortifi’s global service and aftermarket network.

Solve Industrial Motion Group (Solve) announced it has acquired D&D Global, Inc., a vertically integrated U.S. manufacturer of power drive belts. D&D Global, headquartered in Rock Valley, Iowa, manufactures V-belts and timing belts and offers more than 35,000 belt configurations, expanding Solve’s manufacturing and power transmission capabilities.

Zeeco, a Tulsa, Oklahoma-based combustion and environmental solutions provider, acquired Devco Process Heaters, a Tulsa-based fired-heater design and technology company, to expand its capabilities in the U.S. midstream oil and gas market. Finalized on December 5, 2025, the deal included Devco’s brand, products, and technical expertise, and Devco’s employees—including owner Jeff Hutsell—joined Zeeco in new and expanded roles.

High Performance Metal Finishing acquired KEPCO, Inc., a metal-finishing specialist focused on electropolishing, passivation, and cleaning of stainless-steel components. The transaction closed on December 4, 2025, and is intended to expand High Performance Metal Finishing’s production capacity and technical capabilities.

Production Saw and Machine, a manufacturer based in Clark Lake, Michigan, acquired Jackson Grinding Co. (based in Jackson, Michigan) effective Dec. 4. The deal enables Production Saw and Machine to expand its customer base while retaining the Jackson Grinding name, location, and employees, as the seller’s president Michael Alexander planned to retire. Financial terms were not disclosed.

The FNA Group acquired Allparts Equipment & Accessories (APEA) to expand its parts and accessories portfolio and strengthen distribution reach across North America. The deal supports FNA’s aftermarket strategy across pressure washers, pumps, and outdoor power equipment by adding Allparts’ replacement-parts catalog, technical support capabilities, and high-velocity fulfillment operations.

CFS Brands acquired Cornerstone Foodservice Group (CFG), a Naperville, Illinois-based global foodservice equipment company. CFG’s portfolio includes Spring USA, Equipex, LloydPans, Astra (Astra Manufacturing), and Versa-Gard, which will continue operating as stand-alone entities within CFS Brands following the acquisition.

Micro-Precision Technologies, Inc. (MPT) acquired Stellar Manufacturing, a provider of printed circuit board assemblies (PCBA), in a deal that closed in early October (terms not disclosed). The acquisition expands MPT’s micro-electronics capabilities and follows MPT’s mid-2024 partnership with private equity firm Great River Capital Partners, with add-on acquisitions as a growth strategy. Stellar will continue operating from its Salem, New Hampshire headquarters and is expected to be integrated into MPT’s AS9100D quality system and become ITAR and CMMC compliant in 1H 2026.

Torginol, a manufacturer and marketer of decorative flake, quartz and other specialty products for resinous flooring systems, has completed the acquisition of Chips Unlimited. Chips Unlimited, headquartered in Tempe, Arizona, is the second-largest producer of decorative flake products; financial terms were not disclosed.

Kingswood Capital Management, LP has acquired Daramic, a global manufacturer and supplier of lead battery separators, from diversified chemical company Asahi Kasei. As part of the transaction, Chad Schuchmann (current CEO of Polypore, Asahi Kasei’s microporous membrane and battery separator division) will become CEO of Daramic.

Miller Industries, Inc. completed the acquisition of Omars S.p.A., an Italy-based designer and manufacturer of towing and recovery vehicles. The deal was an all-cash transaction valued at approximately €17.5 million (about $20.3 million), and is intended to expand Miller Industries’ footprint and manufacturing capacity in the European market.

Arcline Investment Management made a strategic investment in American Casting Company (ACC), a provider of highly engineered investment castings serving aerospace, defense, medical, energy, and specialty industrial end markets. ACC, founded in 1974 and headquartered in Hollister, California, will continue to be led by CEO Chris St. John. Janes Capital Partners served as financial advisor to ACC in connection with the transaction.

Mamava, a market leader in lactation infrastructure, has acquired TalkBox, a Colorado-based designer of sound-resistant privacy booths for calls, meetings, telehealth, and wellness. The acquisition expands Mamava’s offering from lactation support into a broader suite of privacy and wellness spaces for workplaces and public environments. TalkBox founder Ross Shell will remain involved as an advisor following the transaction.

Gerard Daniel Worldwide (GDW), a portfolio company of Graycliff Partners LP, acquired Durex Products, Inc., a manufacturer of high-performance urethane wear parts and screening/screen media products for aggregate, mining, recycling, and other industrial markets. Durex is headquartered in Luck, Wisconsin and will continue operating its Wisconsin facility as GDW expands manufacturing capabilities and distribution reach across North America and Europe. Borgman Capital sold Durex Products, which it had acquired in December 2021; financial terms were not disclosed.

ZI Zenith S.à r.l., an indirect subsidiary of funds managed and/or advised by Advent International, completed its public tender offer to acquire u-blox Holding AG, a Swiss provider of positioning and wireless communication technologies. With regulatory approvals secured and conditions satisfied, Advent is settling the offer at CHF 135 per share and will own more than 98% of u-blox, with a statutory squeeze-out and delisting to follow.

Federal Signal Corporation completed the acquisition of Scranton Manufacturing Company LLC, doing business as New Way Trucks, a U.S.-based designer and manufacturer of refuse collection vehicles. New Way, with more than 750 employees and a backlog exceeding $100 million, will join Federal Signal’s Environmental Solutions Group and strengthens its specialty vehicle platform.

Loparex completed the acquisition of Enterprise Coated Products Inc., a Manteno, Illinois-based manufacturer of silicone-based release liners. The transaction, advised by HyperAMS as Enterprise’s exclusive sales agent, closed in November 2025 and is intended to combine Loparex’s global scale with Enterprise’s small-batch, narrow-web manufacturing capabilities.

Pelican Energy Partners acquired Hanna Cylinders, a Pleasant Prairie, Wisconsin-based manufacturer of precision-engineered hydraulic and pneumatic cylinders for high-performance industrial applications. Pelican will position Hanna as a strategic platform investment focused on specialized manufacturing and equipment suppliers serving critical nuclear infrastructure and broader energy and industrial markets. Hanna will continue to operate under its existing name and brand with its current management team.

Americo Chemical Products, LLC, a portfolio company of St. Louis-based Harbour Group, acquired Fusion Chemical, a specialty metalworking fluids manufacturer. Fusion, founded in 2012 by Matt East and based in Huntington, Indiana, formulates and manufactures next-generation lubricants and coolants for machining and stamping applications, and will add products and technical capabilities to Americo. Financial terms were not disclosed.

Arkview Capital, a private equity firm based in Stamford, Connecticut, completed the acquisition of NEOTech, a provider of high-reliability electronic manufacturing services serving defense, aerospace, medical, industrial, and advanced technology markets. The transaction is intended to support NEOTech’s next phase of growth through investment in next-generation manufacturing capabilities and balance sheet strengthening. The acquisition financing included support from Crestline Investors, Canyon Partners, PNC Bank, and BBK Capital.

Guardian Capital Partners completed a majority recapitalization of Raptor Power Systems, a designer and manufacturer of engineered power products for data centers and other mission-critical applications. Guardian partnered with EA Advisors and Raptor’s founding family, Peter and Evan El Koury, to support Raptor’s next phase of growth and expanding manufacturing capacity.

Graco acquired Red Devil Equipment Company, widely known as Radia, for $69 million. The deal adds Radia’s paint-mixing, shaking, and automated material-handling technologies to Graco’s color solutions portfolio, complementing Graco’s previously acquired Corob tinting and dispensing platform. Radia is headquartered in Plymouth, Minnesota and generates more than $30 million in annual revenue.

Microwave Techniques announced it has closed the acquisition of Symphony Microwave Technologies, a designer and manufacturer of high-power microwave components and systems. The deal combines the two organizations’ RF and high-power microwave capabilities across facilities in Gorham, Maine; Nashua, New Hampshire; and Hamburg, Germany; financial terms were not disclosed.

Watts Water Technologies, through its subsidiaries, completed the acquisition of Superior Boiler, a designer and manufacturer of customized steam and hot water boilers and ancillary equipment for commercial, institutional, and industrial applications. Superior adds a portfolio of fire-tube, water-tube, and condensing boilers and approximately $60 million in annualized sales. The transaction was funded with Watts' cash on hand and is intended to expand Watts’ mission-critical heating and hot-water solutions and cross-selling opportunities.

Compass Precision, LLC acquired Trutron Corporation, a precision machining manufacturer headquartered in Troy, Michigan. Trutron, founded in 1967 and focused primarily on aerospace applications, becomes Compass Precision’s 10th operating company as it expands its portfolio of close-tolerance, mission-critical metal component manufacturers.

ITT Inc. announced that its Svanehøj business has acquired Köhler & Hörter GmbH (KOHO), a family-owned compressor manufacturer based in Hagen, Germany. The deal expands Svanehøj’s marine and gas-handling portfolio beyond cryogenic pumps into reciprocating compressor systems used for demanding gases such as hydrogen and hydrocarbons, strengthening its offering for liquefied-gas and energy-transition applications.

GlobalFoundries (GF) announced the acquisition of Singapore-based Advanced Micro Foundry (AMF), a specialty silicon photonics foundry, to expand GF’s silicon photonics manufacturing footprint and accelerate its AI infrastructure portfolio. The deal combines AMF’s manufacturing assets, IP, and talent with GF’s global operations, with plans to scale AMF’s Singapore 200mm silicon photonics platform to 300mm and to establish a silicon photonics center of excellence in Singapore in partnership with A*STAR.

An affiliate of Angeles Equity Partners acquired a majority interest in Technique, Inc., a precision metal fabrication and prototyping solutions provider. Technique, founded in 1991 and headquartered in Jackson, Michigan, will continue to be led by founder and CEO Ronnie Johncox as Angeles supports investments in operational infrastructure and advanced manufacturing capabilities. Financial terms were not disclosed.

Groupe HLD, an entrepreneurial investment group, acquired Exosens and partnered with management to drive a four-year growth program. Following HLD’s entry, Exosens tripled in size, completed nearly 10 acquisitions, and grew to 1,900 employees across 10 countries with €394 million in revenue, culminating in an IPO journey.

Blackford Capital, a lower middle market private equity firm, invested in Texas Injection Molding, a precision-engineered injection molded industrial components manufacturer headquartered in Houston. The investment is intended to support Texas Injection Molding’s continued expansion and provide support for future acquisition integration; transaction terms were not disclosed.

UCC Environmental (UCC) announced it has acquired Trimay Wear Plate Ltd., a provider of advanced wear overlay and cladding technologies for industrial equipment operating in abrasive, corrosive, and erosive environments. The deal expands UCC’s high-wear performance parts portfolio and adds Trimay’s metallurgy expertise and capabilities in wear overlays, hard facing, and alloy cladding to serve heavy industrial end markets.

International Wire Group (IWG), an Olympus Partners portfolio company, acquired EMS Elektro Metall Schwanenmühle GmbH (EMS). Headquartered in Horbach, Germany, EMS engineers and manufactures customized busbars used in electrical power generation, transmission, distribution, and storage, expanding IWG’s geographic presence in the electrical infrastructure ecosystem.

Clarios, a global provider of low-voltage energy storage solutions, announced it has acquired Maxwell Technologies, a U.S.-based manufacturer of supercapacitor cells and modules. The deal expands Clarios’ capabilities in high-performance, short-duration energy storage across mobility, grid, onsite power and data center applications. Financial terms were not disclosed, and Maxwell will operate as an independent U.S.-based business unit within the Clarios portfolio.

International Wire Group (IWG), a portfolio company of Olympus Partners, announced that its subsidiary Italtrecce S.r.l. has acquired Special Corde S.r.l., a specialty conductor supplier based in Gioia Sannitica, Italy. The deal strengthens IWG’s electrification and electrical infrastructure supply capabilities across North America and Europe, particularly for transformer and grid modernization applications.

Boulden Holdings, LLC, a portfolio company of Edgewater Growth Capital Partners V, L.P. (The Edgewater Funds), completed the acquisition of Ace Precision Industries, Inc. Ace is a family-owned precision machining business headquartered in Akron, Ohio, serving mission-critical end markets including aerospace, medical, and mass transit.

Owner Resource Group, LLC (ORG) and its affiliates completed an investment in Acme Industries, Inc., a manufacturer of complex, precision-machined parts and assemblies headquartered in Elk Grove Village, Illinois. ORG partnered with Acme’s management team, led by CEO John Devine, to recapitalize the business, with management retaining meaningful ownership and continuing to lead operations. The capital infusion is intended to accelerate organic growth and support investments in people, equipment, facilities, and capabilities, while positioning Acme to pursue strategic acquisitions.

Polymer Adhesives Holdings, LLC, a portfolio company of DalFort Capital Partners, acquired Fielco Adhesives, a Huntingdon Valley, Pennsylvania-based manufacturer of industrial epoxy adhesive solutions. The acquisition expands Polymer Adhesives' epoxy formulation capabilities and broadens its product portfolio. Fielco will join Polymer Adhesives and Volunteer Adhesives within the platform to support continued growth through innovation and operational synergies.

Engineered Plastics Components, Inc. (EPC) acquired the captive injection molding business formerly known as Western Plastics in Portland, Tennessee. The transaction included Western Plastics’ real estate and equipment, along with a long-term supply contract to manufacture molded parts and accessories for Kirby vacuum cleaners. MBS Advisors represented Western Plastics/Kirby Co. in the sale, and EPC plans to expand the Tennessee facility in 2026.

Charlotte Pipe and Foundry Company acquired Bingham & Taylor in conjunction with Neenah Foundry Company. Headquartered in Culpeper, Virginia, Bingham & Taylor manufactures underground infrastructure access solutions (meter and valve boxes, lids, and pits) for water and gas utilities across North America and will continue operating under the Bingham & Taylor brand following the transaction.

Junto Holdings Group, Inc., a Minneapolis-based permanent-capital investment holding company, acquired SensorTec, LLC, a Fort Wayne, Indiana manufacturer of precision industrial temperature sensors used in test, measurement, and control applications. SensorTec will continue to operate independently with its existing team remaining in place. Financial terms were not disclosed and the deal represents Junto’s first platform investment.

Amphenol Corporation completed its acquisition of Trexon from Audax Private Equity for approximately $1 billion in cash. Trexon’s high-reliability cable assembly and interconnect product portfolio—primarily serving defense applications—will be included in Amphenol’s Harsh Environment Solutions segment.

DwyerOmega, a portfolio company of Arcline Investment Management, acquired Consistec, a São Paulo-based Brazilian manufacturer of temperature monitoring and sensing solutions. The deal expands DwyerOmega’s global temperature measurement and control capabilities and strengthens its presence in Brazil and broader South American markets, with applications across power generation and transmission, utilities, pharmaceutical, and agricultural end markets.

Douglas Dynamics, Inc., a manufacturer and upfitter of work truck attachments and equipment, acquired Venco Venturo Industries LLC, a provider of truck-mounted cranes and dump hoists. The deal is intended to supplement Douglas Dynamics’ Work Truck Attachments segment and supports its strategy to acquire more complex attachments to broaden its portfolio. D.A. Davidson served as financial advisor to Douglas Dynamics on the transaction.

Mission Critical Group (MCG) acquired Leman Engineering and Consulting (LEC), a Brookston, Indiana-based manufacturer of switchgear, control systems, and power distribution equipment. The deal expands MCG’s Midwest manufacturing footprint and engineering capabilities and establishes LEC as MCG’s R&D hub for power generation engineering and switchgear innovation supporting onsite generation, microgrids, and related applications.

MPE Partners, together with its portfolio company Webster Industries, closed the acquisition of Renold plc, a designer and manufacturer of industrial chain and torque transmission products. The combination creates a market-leading chain and power transmission products platform with expanded product breadth, end-market exposure, and geographic reach, and will be headquartered in the United States while maintaining existing manufacturing operations.

The Heico Companies acquired Kershaw, a manufacturer of rail maintenance and vegetation management (maintenance-of-way) equipment. Kershaw, formerly part of Progress Rail (a Caterpillar company), will join Heico’s Heavy Equipment Segment within The Applied Solutions Group alongside brands including Pettibone, BARKO, and ARDCO.

Platinum Equity has completed its acquisition of PlayPower, a designer and manufacturer of recreational and outdoor living systems, from Littlejohn & Co., LLC. PlayPower, headquartered in Huntersville, North Carolina, produces products including playground systems and recreational equipment for schools, parks and recreation departments, residential communities, hospitality venues, and commercial/industrial facilities. Financial terms were not disclosed.

MKB Company, a provider of stormwater management and erosion control solutions, announced the acquisition of Enviroscape, a manufacturer of erosion control blankets and related products. The deal expands MKB’s manufacturing capacity and product portfolio, with Enviroscape’s facility expected to continue operating within the MKB platform.

DuPont completed the separation and spin-off of its electronics business, which now operates as an independent publicly traded company named Qnity Electronics. The transaction was finalized on November 1, 2025, and Qnity Electronics began regular trading on the New York Stock Exchange under the ticker “Q,” with DuPont shareholders receiving one Qnity share for every two DuPont shares held as of October 22, 2025.

Kodiak, a Cincinnati-based specialty chemical company, announced the acquisitions of Crown Carbon Reduction Technologies and US Chemical, marking its seventh and eighth acquisitions since 2023. The deals expand Kodiak’s manufacturing footprint to nine locations across the United States, add new product lines (including dust control, freeze conditioning, water treatment chemicals, and fuel catalysts), and strengthen capabilities in carbon reduction technologies serving energy and other industrial applications.

FBC Chemical Corporation acquired TR Chem Solutions, LLC, with the transaction closing on October 31, 2025. TR Chem Solutions is a specialty chemical manufacturer and supplier of advanced processing chemicals and related products across a range of industrial applications. Generational Group served as M&A advisor to TR Chem Solutions on the sale.

Westbourne Capital Partners LLC acquired Harvey Vogel Manufacturing Co., a high-precision metal stamping and fabrication company serving aerospace & defense, medical, and industrial end markets. Monroe Capital LLC supported the transaction by leading the debt financing and providing an equity co-investment to back Westbourne’s platform investment.

Coats Group plc completed its acquisition of OrthoLite, a global leader in footwear materials and premium insoles, expanding Coats’ Footwear division into the premium insole segment. The transaction, previously announced on July 16, 2025, also includes OrthoLite’s sustainable materials brand Cirql and was agreed at an initial enterprise value of $770 million. Trilantic North America was identified as the seller in one source, and OrthoLite will continue to be led by founder and CEO Glenn Barrett within Coats.

Greylane, a newly launched US-based holding company, has acquired Texas-based AirCare Automation, a provider of cleanroom controls and monitoring solutions. The deal is Greylane’s first acquisition since launch, and AirCare was previously owned by private investment firm Falx Capital.

GPT Industries LLC, a portfolio company of Branford Castle Partners (Fund II), acquired Integrated Rectifier Technologies Inc. (IRT), an Alberta, Canada-based manufacturer of transformer rectifiers and related cathodic protection products. The deal is GPT’s first acquisition and expands its corrosion mitigation and asset integrity offering by combining GPT’s flange isolation and remote monitoring capabilities with IRT’s rectifier systems and control technologies. O2 Sponsor Finance (a division of Old Second National Bank) provided debt financing; transaction terms were not disclosed.

Taylor Corporation, a global print and communications company, acquired Gooten, Inc., a provider of print-on-demand technology and fulfillment services. The deal brings Gooten’s OrderMesh order-management platform and fulfillment network together with Taylor’s manufacturing footprint and technology development capabilities to accelerate growth in the global print-on-demand market.

Wenger Corporation announced the acquisition of Texas Scenic Company, a designer and manufacturer of theatrical stage equipment based in San Antonio, Texas. The deal expands Wenger’s capabilities in the performing arts sector by combining Wenger’s performance equipment portfolio with Texas Scenic’s stage systems and theatrical infrastructure expertise. Texas Scenic’s San Antonio headquarters will continue operating as teams, products, and services are integrated in the coming months.

DuBois Chemicals acquired Broadmoor Products, Inc., a provider of water treatment specialty chemistry products and services based in Grand Rapids, Michigan. The deal supports DuBois' strategic growth plan to expand its Water Solutions business and broaden service coverage across the United States and Canada. Financial terms were not disclosed, and Broadmoor’s leadership team will remain in place post-transaction.

Solve Industrial Motion Group (Solve) announced it has acquired Miller Bearing Company, a U.S. manufacturer specializing in conveyor bearings. Miller Bearing Company operates a manufacturing facility in Kent, Ohio, and the acquisition expands Solve’s manufacturing capabilities and supports its conveyor roller and material handling solutions.

Sanmina Corporation completed the acquisition of the ZT Systems data center infrastructure manufacturing business from AMD. The deal expands Sanmina’s data center infrastructure manufacturing scale and capabilities, including facilities in New Jersey, Texas, and the Netherlands, and increases its exposure to the Cloud and AI infrastructure market. As part of the transaction, Sanmina and AMD also entered into a strategic partnership under which Sanmina will serve as AMD’s U.S.-based preferred new product introduction (NPI) manufacturing partner for AMD’s cloud rack and cluster-scale AI solutions.

Chemstream, an advanced chemical manufacturing and distribution provider for energy and industrial sectors, announced its merger with Synthex Organics, a specialty chemical products manufacturer serving pulp and paper, energy, and mining industries. The combined company will operate under the Chemstream name, integrating distribution, logistics, and fluid systems capabilities with Synthex Organics’ manufacturing and R&D to broaden its full-service chemical solutions offering across North American markets.

Electro-Mechanical, LLC acquired Powercon Corporation, a designer and manufacturer of custom medium-voltage switchgear, e-houses, and modular substation power systems. The deal expands Electro-Mechanical’s capabilities in medium-voltage switchgear and integrated power distribution systems serving utility, data center, and critical infrastructure customers across North America.

PureTech Scientific LLC, backed by private equity firm Iron Path Capital, announced the acquisition of Cymer Chemical's Dayton, Tennessee operation. The acquired site is a specialty tolling and chemical manufacturing facility that expands PureTech's glycolic acid production, purification capabilities, and services for external customers.

Anzu Partners announced that ExOne Global Holdings has combined ExOne and voxeljet under a unified holding structure. The two industrial additive manufacturing businesses will integrate operations to broaden product offerings, expand aftermarket support, and enhance global printing services across multiple operating subsidiaries.

Wood Technologies International (WTI), backed by One Equity Partners, announced the acquisition of Norwood Sawmills, expanding WTI into the portable sawmill segment. Norwood will continue operating under its existing brand from its home base north of Toronto, Ontario, with its products, warranties, parts, and dealer network unchanged. G2 Capital Advisors served as exclusive financial advisor to Norwood on the transaction.

Amphenol Corporation acquired Rochester Sensors, a designer and manufacturer of liquid level sensors serving industrial OEM markets. The seller was Renovo Capital, which had acquired Rochester in 2018 via a carve-out from Gas Equipment Company and grew the business through R&D investment and multiple add-on acquisitions.

Blue Point Capital Partners’ portfolio company National Safety Apparel (NSA) acquired Gemtor, Inc., a U.S.-based manufacturer of fall protection, confined space retrieval and rescue equipment. Gemtor, a family-owned business founded in 1985 and led by owner/president Craig Neustater, adds complementary safety products and expands NSA’s manufacturing and distribution capabilities as an add-on to the NSA platform.

Tide Rock announced the acquisitions of Precision Waterjet & Laser (rebranded as Precision Advanced Machining) in Anaheim, California, and Made in America Manufacturing in Buda, Texas. The deals establish two complementary precision-machining platforms serving aerospace, space systems, defense, and advanced industrial customers across the United States.

Chroma Color Corporation acquired Ferco Color, a custom manufacturer of colorants, additives, and specialty compounds headquartered in Chino, California. The acquisition expands Chroma Color’s West Coast manufacturing footprint and broadens its portfolio of colorant and additive technologies; financial terms were not disclosed.

Solve Industrial Motion Group (Solve) announced it has acquired B&B Manufacturing, a U.S. manufacturer of power transmission and precision mechanical components. Headquartered in La Porte, Indiana, B&B operates five locations and is known as North America’s largest synchronous drive pulley manufacturer; the deal expands Solve’s domestic manufacturing footprint and drive train solution capabilities. B&B also brings its recent acquisitions Diversified Specialties and JJC Associates into the combined business.

Industrial Control Solutions (ICS), a portfolio company of LDR Partners LP, acquired the business of Duro-Sense Corporation, a manufacturer of thermocouples, RTDs, and custom temperature measurement assemblies for industrial, aerospace, defense, and energy applications. The deal closed on October 20, 2025 and expands ICS’s sensing capabilities into temperature measurement while establishing its first operational and sales presence on the U.S. West Coast.

StenTech, a portfolio company of Align Capital Partners, acquired Advanced Metal Etching, Inc. (AME) to expand StenTech’s precision parts capabilities beyond surface mount technology solutions. AME adds two advanced manufacturing facilities and its proprietary Hybrid Etch-Laser Process (H.E.L.P.), strengthening StenTech’s ability to produce complex, tight-tolerance components across aerospace, medical, automotive, military, energy, and industrial end markets.

The Riverside Company invested in B+N Industries as an add-on acquisition to its portfolio company, Momentum, expanding Momentum’s commercial interiors offering. B+N Industries designs and provides engineered architectural solutions such as architectural panels, modular systems, and custom shelving and cladding products, complementing Momentum’s contract textiles and wallcoverings for commercial end markets.

Gainline Capital Partners announced that it has invested in ANA Global, a manufacturer of precision plastic injection-molded and metal-stamped components serving medical, automotive, and industrial end markets. ANA Global is headquartered in San Diego, California and operates manufacturing and assembly facilities across Mexico; the investment coincides with a CEO transition from co-founder MD Hoque (retiring as CEO, remaining as board advisor) to newly appointed CEO Richard Warren.