Manufacturing Acquisitions in Texas

Texas Manufacturing Deals and Themes

Texas manufacturing acquisitions often center on adding specialized capabilities—whether that’s chemical inputs, engineered components, metal building systems, or industrial equipment—while expanding distribution, capacity, or customer reach.

Across recent deals, a mix of strategic and financial buyers show up repeatedly, including Amphenol, Berkshire Hathaway, Cerberus Capital Management, H.I.G. Capital, Cordatus Capital, and Blackford Capital. Targets range from niche manufacturers and engineered-product specialists to broader industrial platforms headquartered in Texas.

These transactions also illustrate how Texas dealmaking can connect to wider U.S. operating footprints: some acquirers describe Texas locations as hubs for delivery and redundancy, and others emphasize scaling manufacturing output or integrating product lines into broader platforms.

What Stands Out

  • Recent Texas manufacturing deals include category plays in specialty chemicals (e.g., Chemical Concepts acquiring Perigee Direct) and industrial manufacturing capacity expansion (e.g., TerraVest Industries acquiring KBK Industries).
  • Platform-building and add-on strategies appear alongside full acquisitions, such as Cordatus Capital and Red Dot Buildings adding ETAS’ metal building component capabilities into a pre-engineered metal building platform.
  • Connectivity and interconnect remain a theme: Amphenol completed the acquisition of CommScope’s Connectivity and Cable Solutions (CCS) business.
  • Private equity and investment firms are recurring buyers in the Texas manufacturing landscape, including H.I.G. Capital, Wind Point Partners, Cordatus Capital, Blackford Capital, and KPS Capital Partners.
Buyer (examples) Texas deal pattern reflected
Amphenol Integrates product offerings from an acquired industrial segment
TerraVest Industries Expands domestic manufacturing capacity and product scope
Cordatus Capital Builds/extends a platform via acquisitions of component manufacturers
  • Buyer
    Chemical Concepts
    Target
    Perigee Direct
    Industry
    Manufacturing
    Type
    Buyout

    Chemical Concepts, a Pennsylvania-based supplier of adhesives and specialty chemicals, has acquired Perigee Direct, a Texas-based manufacturer and seller of specialty consumables and lab supplies. The deal expands Chemical Concepts' product portfolio, e-commerce capabilities and distribution footprint—with Perigee Direct's North Richland Hills operations serving as a strategic distribution hub for faster delivery across the Western and Southern U.S.

  • Buyer
    LightPath Technologies, Inc.
    Target
    Amorphous Materials, Inc.
    Seller
    Members of Amorphous Materials, Inc.
    Industry
    Manufacturing
    Type
    Buyout

    LightPath Technologies, Inc. (NASDAQ: LPTH) has acquired the assets of Amorphous Materials, Inc. (AMI) for $7.0 million in cash with up to $3.0 million of potential milestone-based equity consideration. The acquisition brings AMI's chalcogenide glass compounding and large-diameter glass melting capabilities (up to 17") into LightPath's portfolio, adding manufacturing capacity, NDAA-compliant redundancy in Texas, and an expected ~$3.0 million in incremental annual revenue.

  • Buyer
    AIM Investment Group
    Target
    Micro Forms, Inc.
    Industry
    Manufacturing
    Type
    Buyout

    AIM Investment Group has acquired Micro Forms, Inc., a Garland, Texas-based precision metal stamping and engineering manufacturer founded in 1967. Micro Forms will continue to operate under its existing name and structure while gaining AIM IG's long-term investment support as AIM expands its portfolio of industrial businesses.

  • Buyer
    Berkshire Hathaway Inc.
    Target
    OxyChem
    Seller
    Occidental
    Industry
    Manufacturing
    Type
    Buyout

    Berkshire Hathaway has completed the all-cash acquisition of OxyChem, Occidental’s chemical division, for $9.7 billion, subject to customary post-closing purchase price adjustments. OxyChem is a Dallas, Texas-headquartered producer of essential commodity chemicals with operations across the United States, Canada, and Latin America.

  • Buyer
    Cerberus Capital Management
    Target
    EverZinc Corporation
    Industry
    Manufacturing
    Type
    Buyout

    Affiliates of Cerberus Capital Management have completed the acquisition of EverZinc Corporation, a global producer of specialty zinc materials. Cerberus has provided a significant capital commitment to support EverZinc's innovation, infrastructure investment, and global growth initiatives.

  • Buyer
    Levine Leichtman Capital Partners, USA Industries management
    Target
    USA Industries, LLC
    Seller
    Sky Island Capital
    Industry
    Manufacturing
    Type
    Buyout

    Levine Leichtman Capital Partners (LLCP) has partnered with USA Industries’ management team to acquire USA Industries, LLC from Sky Island Capital. USA Industries, a South Houston-based manufacturer of piping isolation, tube plugs, orifice plates and heat-exchanger tools, will continue to be led by CEO Justin Watts as a platform investment for LLCP's Lower Middle Market Fund III; financial terms were not disclosed.

  • Buyer
    Blackford Capital
    Target
    Texas Injection Molding
    Industry
    Manufacturing

    Blackford Capital has made a minority growth investment in Texas Injection Molding, a Houston-based manufacturer of precision-engineered injection molded industrial components. The founder will retain a substantial equity stake, Scott Osterling joins as CEO, and the capital will be used to fund expansion and support add-on acquisition activity; terms were not disclosed.

  • Buyer
    Greylane
    Target
    AirCare Automation
    Seller
    Falx Capital
    Industry
    Manufacturing
    Type
    Buyout

    Greylane, a newly launched Dallas-based holding company, has acquired AirCare Automation, a San Antonio-based provider of fan filter unit (FFU) controls, cleanroom monitoring software, and environmental controls. AirCare was previously owned by Falx Capital; Shawn Dewey will remain as President and Greylane says it is actively seeking additional niche engineered-component acquisitions.

  • Buyer
    Wenger Corporation
    Target
    Texas Scenic Company
    Industry
    Manufacturing
    Type
    Buyout

    Wenger Corporation, a Minnesota-based manufacturer of performing-arts equipment, has acquired Texas Scenic Company, a San Antonio-based designer and manufacturer of theatrical stage systems. The acquisition expands Wenger's capabilities in stage systems, rigging, curtains, lighting and installation services to better serve schools, universities, performance venues and studios.

  • Buyer
    Amphenol Corporation
    Target
    Rochester Sensors
    Seller
    Renovo Capital, LLC
    Industry
    Manufacturing

    Amphenol Corporation has acquired Rochester Sensors from Renovo Capital. The acquisition adds Rochester’s liquid level sensor design and manufacturing capabilities to Amphenol’s industrial sensors and interconnect portfolio, expanding its product breadth and international manufacturing footprint.

  • Buyer
    Race Rock
    Target
    Spitzer Industries
    Seller
    The Stephens Group, LLC
    Industry
    Manufacturing
    Type
    Buyout

    Race Rock, a nationwide infrastructure fabricator, has acquired Spitzer Industries, a Houston-based manufacturer of engineered process systems, pressure vessels, and modular assemblies. Spitzer, a long-time portfolio company of Stephens Group, will operate as a standalone division within Race Rock to expand the combined company's engineering, fabrication, and modular construction capabilities across energy and industrial end markets.

  • Buyer
    Inteplast Group
    Target
    Reef Industries Inc.
    Seller
    Shareholders of Reef Industries
    Industry
    Manufacturing
    Type
    Buyout

    Inteplast Group has acquired Reef Industries Inc., a Houston-based manufacturer of reinforced plastic films, laminates and tapes. PKF Investment Banking served as exclusive financial advisor to the shareholders of Reef Industries in the sale, which expands Inteplast's product portfolio and manufacturing capabilities across multiple industrial end markets.

  • Buyer
    Paladin Private Equity, Black Diary Investments
    Target
    America's Nationwide Netting, Inc. (d/b/a Nets of Texas)
    Industry
    Manufacturing
    Type
    Buyout

    Paladin Private Equity, alongside co-investor Black Diary Investments, acquired America’s Nationwide Netting, Inc. (d/b/a Nets of Texas). Byline Sponsor Finance provided financing to support the transaction; Nets of Texas is a Texas-based designer, manufacturer and installer of sports safety netting systems and will be integrated into Paladin's industrial technology-focused portfolio to support growth.

  • Buyer
    Salt Creek Capital
    Target
    American Anchor Bolt Mfg.
    Seller
    Myrna Tucker
    Industry
    Manufacturing
    Type
    Buyout

    Salt Creek Capital, a private investment firm based in Woodside, California, has acquired American Anchor Bolt Mfg., a Houston-based manufacturer of custom anchor bolts and embedded steel. Madison Street Capital acted as exclusive financial advisor; terms were not disclosed.

  • Buyer
    CORTEC
    Target
    Power Chokes
    Seller
    ADS Services, Black Bay Partners
    Industry
    Manufacturing
    Type
    Buyout

    CORTEC, a U.S. manufacturer of choke, valve and automation products, has acquired Power Chokes — a Houston-based maker of well control chokes and pressure control equipment — from ADS Services, a Black Bay Partners portfolio company. The acquisition adds Power Chokes' manufacturing division and IP to CORTEC, broadening its product lineup and strengthening its position in the global energy (oil & gas) pressure-control equipment market.

  • Buyer
    Bron Tapes Holding (Bron Aerotech), Rotunda Capital Partners (sponsor)
    Target
    NSL Aerospace
    Seller
    Jim Carney (owner of NSL Aerospace)
    Industry
    Manufacturing
    Type
    Addon

    Bron Tapes Holding’s Bron Aerotech division has acquired NSL Aerospace, a Magnolia, Texas-based distributor and repackager of aerospace-approved adhesives, sealants, and surface preparation products. The deal is an add-on acquisition that will allow Bron Aerotech to expand its aerospace consumables portfolio and leverage NSL’s PMA products, repackaging capabilities and certifications to better serve MROs, airlines, OEMs and other global customers.

  • Buyer
    Provest Equity Partners
    Target
    Advanced Process Solutions (formerly Advanced Plastic Services)
    Industry
    Manufacturing
    Type
    Buyout

    Provest Equity Partners, an Atlanta-based private equity firm founded by Suhas Uppalapati and Kerry Byler, has acquired Advanced Process Solutions (formerly Advanced Plastic Services). The transaction closed July 31, 2025; APS is a precision manufacturer serving semiconductor and energy end markets (including Texas Instruments) and will serve as Provest’s first platform investment to expand capabilities and customer reach in semiconductor and energy supply chains.

  • Buyer
    Cavco Industries, Inc.
    Target
    American Homestar Corporation (Oak Creek Homes)
    Industry
    Manufacturing
    Type
    Buyout

    Cavco Industries has agreed to acquire American Homestar Corporation and its subsidiaries, known as Oak Creek Homes, in a $190 million cash deal. The transaction is expected to close in Q3 of fiscal 2026, subject to regulatory approvals.

  • Buyer
    Lubrication Engineers, Aurora Capital Partners
    Target
    SWEPCO (Southwestern Petroleum Lubricants)
    Seller
    Key Polymer Holdings, LLC, DalFort Capital Partners
    Industry
    Manufacturing
    Type
    Addon

    Lubrication Engineers, a portfolio company of Aurora Capital Partners, has acquired SWEPCO (Southwestern Petroleum Lubricants) from Key Polymer Holdings, an affiliate of DalFort Capital Partners. The transaction is an add-on acquisition intended to expand LE’s specialty grease and lubricants portfolio, including food-grade and industrial formulations; financial terms were not disclosed.

  • Buyer
    Lubrication Engineers
    Target
    Southwestern Petroleum Lubricants (SWEPCO)
    Seller
    DalFort Capital Partners (affiliate)
    Industry
    Manufacturing
    Type
    Addon

    Lubrication Engineers (LE) has acquired Southwestern Petroleum Lubricants (SWEPCO) from an affiliate of DalFort Capital Partners. SWEPCO, founded in 1933, manufactures specialty greases and lubricating oils for industrial and food-grade applications; the deal expands LE's in‑house calcium sulfonate grease manufacturing capabilities and global distribution footprint. LE is a portfolio company of Aurora Capital Partners.

  • Buyer
    Colson Group
    Target
    ESCO Plastics
    Industry
    Manufacturing
    Type
    Addon

    Colson Group, a global manufacturer of casters and wheels backed by Blue Wolf Capital, has acquired ESCO Plastics, a Houston-area manufacturer of custom-molded polyurethane parts. The deal strengthens Colson's North American urethane manufacturing capabilities, shortens lead times, and expands its engineering and distribution footprint to better serve industrial OEM customers.

  • Buyer
    TIPCO Technologies, Platte River Equity
    Target
    DW Industries
    Industry
    Manufacturing
    Type
    Addon

    Platte River Equity portfolio company TIPCO Technologies has acquired DW Industries, a Houston-based provider of industrial and hydraulic hoses and hose assemblies founded in 1979. The add-on expands TIPCO's fabrication capabilities and strengthens its presence in the Houston market; TIPCO now operates 42 locations across 17 states.

  • Buyer
    7 Seas Capital, Tico Capital Partners, Parkway Capital, Pine Street Capital Partners
    Target
    Precision Piping Products (P3)
    Seller
    Keith Nichols, Debbie Nichols
    Industry
    Manufacturing

    7 Seas Capital and Tico Capital Partners acquired a recapitalization stake in Precision Piping Products (P3), a Houston-based manufacturer of patented flange protection products, in a transaction that closed May 22, 2025. Parkway Capital and Pine Street Capital Partners provided subordinated debt and equity support alongside the new investors, with founders Keith and Debbie Nichols remaining in leadership.

  • Buyer
    Det-Tronics (Detector Electronics, LLC), Spectrum Safety Solutions, Sentinel Capital Partners
    Target
    R.C. Systems LLC
    Industry
    Manufacturing
    Type
    Addon

    Det-Tronics (Detector Electronics, LLC) has acquired R.C. Systems LLC, a Texas-based manufacturer of gas detection products and alarm/controllers. The deal — the first acquisition under the newly formed Spectrum Safety Solutions platform — expands Det-Tronics’ gas-detection and controller capabilities and targets additional industrial end markets across North America with plans for broader global deployment.

  • Buyer
    Continuim Equity Partners
    Target
    Electro-Tech Industries
    Industry
    Manufacturing
    Type
    Buyout

    Continuim Equity Partners has acquired Electro-Tech Industries (ETI), a Houston-based manufacturer of engineered electrical power distribution solutions. Continuim — in its first platform investment from Fund II and first in its power generation, transmission and distribution thesis — will partner with ETI's founder George Houche, who will remain a significant shareholder, to expand manufacturing capacity and accelerate growth.

  • Buyer
    AI Infrastructure Partners
    Target
    TGM Incorporated
    Industry
    Manufacturing
    Type
    Buyout

    AI Infrastructure Partners (AIIP), an operator-led private equity firm, has acquired TGM Incorporated, a Richardson, Texas-based manufacturer of thermal management systems for semiconductor and advanced manufacturing markets. AIIP will provide growth capital and strategic resources to scale TGM’s manufacturing capacity, invest in technology and personnel, and expand its product and service offerings to meet rising demand from chipmakers, nuclear energy and aerospace customers.

  • Buyer
    SureWerx
    Target
    Reliance Fall Protection, LLC
    Industry
    Manufacturing
    Type
    Buyout

    SureWerx, a global manufacturer and distributor of safety products, has acquired Reliance Fall Protection, a Houston- and Arvada-based designer and maker of engineered horizontal lifeline systems, harnesses, lanyards and related fall protection equipment. Terms were not disclosed; the deal expands SureWerx's fall protection product portfolio and brings Reliance's engineered systems and brands into SureWerx's distribution channels.

  • Buyer
    Center Rock Capital Partners, LP
    Target
    Roadclipper Enterprises, LLC (Diamond C Trailers)
    Industry
    Manufacturing

    Center Rock Capital Partners has made an equity investment in Roadclipper Enterprises, LLC (doing business as Diamond C Trailers), partnering with the Crabb family to support the company’s next phase of growth. Diamond C, a Mount Pleasant, Texas-based manufacturer of premium open-air trailers operating four manufacturing facilities, will use the partnership to expand product offerings, improve operations, and grow its market presence.

  • Buyer
    Texas Heritage Imaging & Printing, LLC
    Target
    Ann Barnet, Inc. dba Metro Signs
    Industry
    Manufacturing
    Type
    Buyout

    Texas Heritage Imaging & Printing, LLC has acquired Ann Barnet, Inc. dba Metro Signs, a full-service signage company based in Arlington, Texas. The transaction closed on March 26, 2025, and was advised by Generational Group; the acquisition expands Texas Heritage's capabilities into custom signage, vehicle wraps and installation services.

  • Buyer
    RealTruck, Inc., RealTruck Group, Inc.
    Target
    Vehicle Accessories Group (VAI), Dealer Products Holdings, Inc., Vehicle Accessories, Inc.
    Seller
    Kinderhook Industries, LLC, Dealer Products Holdings, Inc. (Vehicle Accessories / VAI)
    Industry
    Manufacturing
    Type
    Buyout

    RealTruck, Inc. announced it has officially acquired Vehicle Accessories Group (VAI), a manufacturer of functional vehicle accessories. The deal expands RealTruck’s product portfolio and strengthens its position with domestic and foreign customers via its aftermarket network and RealTruck.com.

  • Buyer
    Cordatus Capital
    Target
    Red Dot Buildings
    Seller
    Bush family (founding family and Red Dot shareholders)
    Industry
    Manufacturing
    Type
    Buyout

    Cordatus Capital has made a majority investment in Red Dot Buildings, a Texas-based designer, manufacturer, and erector of complex pre-engineered metal building systems. The partnership will support increased production capacity, expanded product offerings, and geographic expansion while Ted Bush remains CEO and a continuing shareholder.

  • Buyer
    Brookfield Asset Management (private equity fund), Brookfield Business Partners, Institutional partners
    Target
    Chemelex
    Seller
    nVent Electric Plc
    Industry
    Manufacturing
    Type
    Buyout

    Brookfield Asset Management, via one of its private equity funds and together with listed affiliate Brookfield Business Partners, completed the acquisition of Chemelex from nVent Electric Plc for $1.7 billion. Brookfield funded the deal with about $830 million of equity (Brookfield Business Partners invested roughly $210 million for a 25% interest) with the balance from institutional partners; Brookfield said it will apply its industrial operating expertise to grow Chemelex as an independent business.

  • Buyer
    Blackford Capital, PACIV (Blackford Capital Industrial Automation Platform)
    Target
    Ace Controls
    Seller
    Agmed Aguirre (founder/shareholder), Lindsey Aguirre (co-owner/shareholder)
    Industry
    Manufacturing
    Type
    Addon

    Blackford Capital acquired Houston-based Ace Controls and added it as the third add-on to its PACIV industrial automation platform. The acquisition expands PACIV's control panel capabilities and adds exposure to the water & wastewater and oil & gas end markets while extending the platform's geographic footprint to Texas; Ace Controls' management and employees will remain with the business.

  • Buyer
    Flexdev Group, Dentressangle
    Target
    The Emblem Source
    Industry
    Manufacturing
    Type
    Buyout

    Flexdev Group, Europe’s leading sports textile customization company (owned by the Dentressangle family holding), has acquired The Emblem Source, a US leader in sports badges and patches based in Dallas, Texas. The deal establishes Flexdev’s presence in the United States, adds The Emblem Source’s “hot market” rapid-response capabilities and major league relationships, and creates commercial synergies across professional and collegiate sports customers.

  • Buyer
    Osceola Capital, Texas Republic Signs (TRS)
    Target
    Bakers' Signs & Manufacturing
    Seller
    Baker family (owners of Bakers' Signs & Manufacturing)
    Industry
    Manufacturing
    Type
    Addon

    Osceola Capital acquired Bakers' Signs & Manufacturing (closed December 27, 2024) and is combining the business with its platform investment, Texas Republic Signs (TRS). The deal will expand manufacturing capacity, installation resources, and service offerings across Texas while Bakers' president Matt Baker remains with the business.

  • Buyer
    CPM Holdings, Inc.
    Target
    Jacobs Global
    Industry
    Manufacturing
    Type
    Buyout

    CPM Holdings, Inc. (CPM) has acquired Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills. The deal expands CPM's product portfolio and capacity to better serve customers across the animal feed, oilseed and biomass/pellet markets.

  • Buyer
    The Riverside Company
    Target
    Seatex
    Industry
    Manufacturing
    Type
    Buyout

    The Riverside Company has acquired Seatex, a specialty chemical formulator and manufacturer headquartered in Rosenberg, Texas. Comvest Credit Partners acted as administrative agent and sole lender on an $85 million senior secured credit facility to support the acquisition.

  • Buyer
    SMC Global (Special Materials Company)
    Target
    International Chemicals LLC
    Industry
    Manufacturing
    Type
    Buyout

    SMC Global (Special Materials Company) has acquired International Chemicals LLC (ICC), integrating SMC's oilfield business into ICC's San Angelo operations. The deal expands SMC's product and service portfolio for the oil & gas and produced water treatment markets, adding manufacturing, warehousing, and logistics capabilities.

  • Buyer
    Integrated Water Services, Inc., Sciens Water Opportunities Management, LLC
    Target
    Hi-Line Industries
    Industry
    Manufacturing
    Type
    Addon

    Integrated Water Services, Inc. (IWS), a Sciens Water-backed water and wastewater treatment platform, has acquired Hi-Line Industries, a Brenham, Texas-based designer and manufacturer of custom-fabricated equipment. The deal vertically integrates Hi-Line's fabrication and CNC capabilities into IWS to support its modular MBR systems (including the BluBox) and broaden manufacturing capacity for future product and acquisition support.

  • Buyer
    Standex International Corporation
    Target
    Amran Instrument Transformers, Narayan Powertech Pvt. Ltd.
    Seller
    Amran Instrument Transformers, Narayan Powertech Pvt. Ltd., Founders and leadership team of the Amran/Narayan Group
    Industry
    Manufacturing
    Type
    Buyout

    Standex International Corporation (NYSE: SXI) has acquired US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. in two simultaneous transactions valued at a combined enterprise value of approximately $462 million in cash and stock. The acquisitions expand and diversify Standex Electronics' product portfolio in instrument transformers and related electrical grid components; the founders and leadership of the Amran/Narayan Group will remain involved to support integration and growth.

  • Buyer
    Wynnchurch Capital, Bryan Vincent, Blake Vincent, Principal management team
    Target
    Principal Industries, Principal Lighting Group
    Seller
    Valesco Industries (Valesco Fund II)
    Industry
    Manufacturing
    Type
    Buyout

    Wynnchurch Capital has acquired Principal Industries (also referred to as Principal Lighting Group), a San Angelo, Texas–based manufacturer of LED components and engineered assemblies for signage and architectural branding. The founders, Bryan and Blake Vincent, and Principal's management team are rolling with the transaction; seller Valesco Industries exited its Fund II investment.

  • Buyer
    Valveworks USA
    Target
    Lancaster Flow Automation
    Industry
    Manufacturing
    Type
    Buyout

    Valveworks USA has acquired Lancaster Flow Automation effective October 31, 2024. Lancaster, a Houston-based manufacturer of high-performance choke products and flow-control automation with patented technology, will be integrated into Valveworks' manufacturing and distribution footprint to expand its choke product offerings for the oil and gas market.

  • Buyer
    The Riverside Company
    Target
    Seatex
    Industry
    Manufacturing

    The Riverside Company has completed an investment in Seatex, a Texas-based chemical formulation and manufacturing provider. Riverside will partner with CEO Jonathan O'Dwyer to support Seatex's growth and expand its manufacturing and technology capabilities across markets.

  • Buyer
    2B Associates
    Target
    PreMark Health Science
    Industry
    Manufacturing
    Type
    Buyout

    2B Associates has acquired PreMark Health Science, a Texas-based manufacturer of nutraceutical, cosmeceutical and OTC products, to vertically integrate manufacturing capabilities and accelerate product development for its pet wellness brand Carson & Bear. Scott Steinford, founder and chairman of 2B Associates, will become CEO of PreMark Health Science as the combined company scales production and brings new pet health products to market faster.

  • Buyer
    Viessmann Generations Group
    Target
    KPS Global
    Seller
    D Cubed Group
    Industry
    Manufacturing
    Type
    Buyout

    Viessmann Generations Group, the family-owned Viessmann organization, has completed the acquisition of KPS Global, a Fort Worth-based manufacturer of custom insulated panel systems. The purchase from long-duration investor D Cubed Group will expand Viessmann's Clean & Cold platform into the North American market and support KPS Global's continued growth and operations across its five manufacturing facilities.

  • Buyer
    SK Capital Partners & Affiliates
    Target
    SI Group
    Industry
    Manufacturing

    SI Group completed a private debt exchange (Sept. 18) with a concurrent public offer, receiving participation from ~100% of first‑lien lenders and 89% of unsecured noteholders. The transaction extends maturities to 2028, secures a new $218M revolving credit facility, reduces interest expense and includes a $150M new‑money investment from SK Capital Partners and affiliates to bolster liquidity and repay debt.

  • September 27, 2024
    Buyer
    OCI, LLC, Gemspring Capital, Grand Valley Holdings
    Target
    DRILLTOOLS
    Industry
    Manufacturing
    Type
    Addon

    OCI, LLC, a Brookville, Pennsylvania-based manufacturer and portfolio company of Grand Valley Holdings and Gemspring Capital, has acquired DRILLTOOLS, a Kilgore, Texas-based manufacturer of rotary drilling tools and excavation products. The acquisition expands OCI's product suite, manufacturing capabilities, and technical expertise to better serve infrastructure, utility, and commercial contractors; DRILLTOOLS will continue to operate from its Texas headquarters.

  • Buyer
    Thesis Capital, Farragut Capital Partners
    Target
    NEMA Enclosures
    Seller
    Rob (former owner), Jonathan (son of former owner)
    Industry
    Manufacturing
    Type
    Buyout

    Thesis Capital has acquired NEMA Enclosures, a Houston-based manufacturer of custom metal electrical enclosures, in a transaction supported by unitranche debt and equity from Farragut Capital Partners. The deal provides liquidity to the selling owner (who will move to an advisory role) and installs Thesis Operating Partner Luke Davis as CEO to pursue growth initiatives.

  • Buyer
    TransTech Group, Metalforms (Metalforms Heat Transfer)
    Target
    Koch Heat Transfer (North American business)
    Industry
    Manufacturing
    Type
    Addon

    TransTech Group’s subsidiary Metalforms has acquired the North American business of Koch Heat Transfer (KHT). The deal brings KHT’s branded heat-transfer products and technologies into Metalforms’ Beaumont/Houston manufacturing footprint to expand capabilities, product lines and market share in energy and process-manufacturing end markets.

  • Buyer
    UCL Swift
    Target
    Accurate Connections, Inc. (now UCL Connections)
    Industry
    Manufacturing
    Type
    Buyout

    UCL Swift has acquired Accurate Connections, Inc., a Plano, Texas manufacturer of custom fiber optic and copper cable assemblies. The acquired business will operate as UCL Connections and expands UCL Swift's manufacturing capabilities, product portfolio and just-in-time custom assembly capacity for datacom and telecom customers nationwide.

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Frequently Asked Questions

Which buyers show up repeatedly in Texas manufacturing acquisitions?

Several buyers recur in the Texas manufacturing activity, including H.I.G. Capital, Cordatus Capital, Blackford Capital, KPS Capital Partners, Wind Point Partners, and Cerberus Capital Management, alongside strategics like Amphenol and Berkshire Hathaway.

What kinds of manufacturers are being acquired in Texas?

Recent transactions include specialty chemical suppliers, metal building component manufacturers, precision metal stamping/engineering firms, industrial controls and software providers, and manufacturers of equipment and engineered components for infrastructure and industrial customers.

Are there deals that focus on expanding manufacturing capacity?

Yes. For example, TerraVest Industries acquired KBK Industries to expand U.S. tank manufacturing capacity and product offering, and LightPath Technologies acquired Amorphous Materials to add large-diameter glass melting and compounding capabilities.

Do the deals typically stay focused within Texas?

Many targets are Texas-headquartered, but deal summaries often connect Texas operations to broader U.S. distribution or supply needs—for instance, Texas operations described as supporting faster delivery across multiple regions.

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