Tracked deals
1605
1605 tracked deals across 2026.
Add-on Acquisitions in 2026
Buyer mix
Mixed buyer set
1427 strategic · 722 pe
Top trend
Volume peaked in 2022
2485 tracked deals announced in 2022.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Align Capital Partners | 12 | Growth-oriented private equity firm partnering with manag... | PE |
| Inszone Insurance Services | 11 | Independent insurance brokerage providing property & casu... | Strategic |
| Pye-Barker Fire & Safety | 11 | Provider of fully integrated fire protection, life safety... | Strategic (PE-backed) |
| Bertram Capital | 8 | Lower middle-market private equity firm investing in busi... | PE |
| Allied Industrial Partners | 7 | Lower-middle market private equity firm investing in indu... | PE |
| Arcline Investment Management | 7 | Growth-oriented private equity firm investing in industri... | PE |
| Gemspring Capital | 7 | Middle-market private equity firm providing flexible capi... | PE |
| World Insurance Associates LLC | 7 | Insurance brokerage and financial services provider with ... | Strategic |
| Argano | 6 | Global specialist consultancy delivering high-performance... | Strategic (PE-backed) |
| Gryphon Investors | 6 | Middle-market private investment firm focused on growth o... | PE |
Acquisition Volume in Add-on in 2026 by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
October 15, 2026
- Buyer
- Summus
- Target
- Controls For Automation
- Industry
- Industrial Services
- Location
- Massachusetts, United States
- Type
- Addon
Summus acquired Controls For Automation (CFA), a New England distributor of pneumatics and motion-control products that also provides engineering, system integration and related services. The acquisition expands Summus’ technical and assembled-solution capabilities, strengthens its presence in New England, and broadens its reach into markets including medical, packaging and semiconductor.
-
October 15, 2026
- Buyer
- Q360 Group, Valedor Partners
- Target
- The Flexo Factor
- Seller
- Steven Wilkinson
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Type
- Addon
Q360 Group acquired The Flexo Factor, a Monroe, North Carolina-based supplier of flexographic cleaning products, pressroom equipment, training and consulting. The acquisition expands Q360’s consumables offering and deepens its recurring customer relationships; Q360 was formed in partnership with Valedor Partners, with support from Align Collaborate.
-
October 15, 2026
- Buyer
- FourNet
- Target
- SVL Business Solutions
- Industry
- IT Services
- Location
- Scotland, United Kingdom
- Type
- Addon
FourNet acquired Glasgow-based SVL Business Solutions, combining their customer experience and contact center expertise in a business with more than 230 employees and over 450 customers. The acquisition adds specialist capabilities in interaction recording, analytics and workforce management, and expands FourNet’s capacity and customer base in financial services and other regulated markets.
-
October 15, 2026
- Buyer
- Carenet Health
- Target
- Invene
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Carenet Health acquired Invene, a healthcare-focused AI, data engineering, and technology consulting firm. The addition expands Carenet’s capabilities in healthcare AI and data consulting, complementing its engagement, clinical, and operational services; Invene’s team joined Carenet immediately.
-
October 14, 2026
- Buyer
- AKAM
- Target
- Matthew Adam Properties
- Industry
- Real Estate
- Location
- New York, United States
- Type
- Addon
AKAM acquired Matthew Adam Properties, a New York City property management firm overseeing 85 buildings. The acquisition expands AKAM’s New York presence and adds resources and capabilities intended to enhance service for clients and residents.
-
October 14, 2026
- Buyer
- Capital Machine
- Target
- KC Robotics
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Addon
Capital Machine acquired KC Robotics, a West Chester, Ohio-based robotic systems integrator serving manufacturers. The acquisition adds engineering and turnkey automation capabilities to Capital Machine’s metal-fabrication equipment and service offering; KC Robotics will continue operating under its own name, led by Kyle Carrier.
-
October 14, 2026
- Buyer
- Vivify Specialty Ingredients
- Target
- AuNutra Industries
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Addon
Gryphon Investors-backed Vivify Specialty Ingredients acquired AuNutra Industries, a supplier of botanical extracts and specialty nutritional ingredients. The acquisition broadens Vivify’s product portfolio and capabilities in nutraceuticals and supplements while expanding its distribution reach across North America; AuNutra founder Kava Liu remains a significant investor in the combined organization.
-
October 14, 2026
- Buyer
- The Badlands Security Company, Tucker's Farm Corporation
- Target
- Cosmic Fischer
- Industry
- Industrial Services
- Location
- New York, United States
- Type
- Addon
The Badlands Security Company, backed by Tucker's Farm Corporation, acquired Cosmic Fischer, a New York City commercial security integrator. Cosmic Fischer adds electronic access control, surveillance, intercom, and related services to Badlands' existing locksmith and mechanical-security capabilities; it will continue operating under its own name with Stephen Vaknin as CEO.
-
October 13, 2026
- Buyer
- Darcy Partners
- Target
- Realize 2050
- Industry
- Consulting
- Location
- United States
- Type
- Addon
Darcy Partners acquired Realize 2050 and launched a dedicated power and utilities business unit, appointing Chris Richardson as its CEO. The acquisition adds energy strategy and innovation consulting capabilities as Darcy expands its focus in the power and utilities market.
-
October 13, 2026
- Buyer
- Darcy Partners
- Target
- Realize 2050
- Industry
- Consulting
- Type
- Addon
Darcy Partners acquired Realize 2050, an energy solutions consultancy serving investor-owned utilities across North America. The acquisition combines Realize 2050’s strategic advisory and technology commercialization capabilities with Darcy Partners’ technology intelligence platform and utility community, and launches Darcy Power as a dedicated business unit.
-
October 13, 2026
- Buyer
- Argano
- Target
- Oktana Corporation
- Industry
- IT Services
- Location
- West Virginia, United States
- Type
- Addon
Argano acquired Oktana Corporation, a Salesforce Summit Partner specializing in Data & AI, digital engineering, and Salesforce implementation services. The acquisition adds 227 professionals and expands Argano’s Agentforce, Data Cloud, Snowflake, MuleSoft, and AI-enabled transformation capabilities.
-
October 13, 2026
- Buyer
- Avanza + MedHQ
- Target
- Fulcrum Strategies
- Industry
- Consulting
- Location
- North Carolina, United States
- Type
- Addon
Avanza + MedHQ acquired Fulcrum Strategies, a healthcare consulting firm specializing in payer contract negotiation for physician practices, hospitals, and health systems. The acquisition adds dedicated payer contracting capabilities to Avanza + MedHQ’s services for ambulatory healthcare organizations; Fulcrum founder Ron Howrigon will lead the new Payer Relations and Contracting service line.
-
October 13, 2026
- Buyer
- Eagle Leasing
- Target
- Mobile Storage, Inc.
- Industry
- Transportation
- Location
- Rhode Island, United States
- Type
- Addon
Eagle Leasing, a portfolio company of Kinderhook Industries, acquired Mobile Storage, Inc., a Providence-based provider of storage container and semi-trailer rentals. The acquisition adds a Providence operating location, fleet density, and local capabilities, extending Eagle Leasing’s presence in New England.
-
October 13, 2026
- Buyer
- Total Sanitation Services
- Target
- Spanky's Portable Toilets
- Industry
- Environmental Services
- Location
- Alabama, United States
- Type
- Addon
Trivest Partners-backed Total Sanitation Services acquired Spanky's Portable Toilets, a Tuscaloosa, Alabama-based provider of portable sanitation rentals and related services. The acquisition expands TSS into Alabama, with Spanky's continuing under its local leadership and gaining access to TSS's operational resources and purchasing scale.
-
- Buyer
- Fathom Digital Manufacturing
- Target
- Precision Grinding & Manufacturing Corporation
- Industry
- Manufacturing
- Location
- New York, United States
- Type
- Addon
Fathom Digital Manufacturing acquired Precision Grinding & Manufacturing Corporation (PGM), adding precision machining, grinding, lapping, honing, assembly and specialized finishing capabilities. The Rochester-based manufacturer serves aerospace and defense customers from low- and mid-volume production through full-rate production.
-
- Buyer
- Fathom Digital Manufacturing
- Target
- TCS Industries, TCS Electronics
- Industry
- Manufacturing
- Location
- New York, United States
- Type
- Addon
Fathom Digital Manufacturing acquired TCS Industries and TCS Electronics, collectively referred to as TCS, expanding its precision manufacturing and electronics integration capabilities for aerospace and defense customers. The Rochester-based businesses add precision machining, fabrication, electronics assembly and two facilities totaling more than 200,000 square feet to Fathom’s platform.
-
October 12, 2026
- Buyer
- Rochester Midland Corporation
- Target
- ApHinity Technologies
- Seller
- Christopher Bellizzi, Stephen Mosher, Joshua Curt
- Industry
- Environmental Services
- Location
- California, United States
- Type
- Addon
Rochester Midland Corporation acquired ApHinity Technologies, a La Habra, California-based environmental engineering company specializing in water footprint optimization and industrial air emissions treatment. The acquisition adds ApHinity’s patented technologies and services to Rochester Midland’s water treatment platform, broadening the solutions available for complex water and air quality challenges.
-
October 12, 2026
- Buyer
- Integrity Care Group
- Target
- 15 NextCare clinics
- Industry
- Healthcare Services
- Location
- United States
- Type
- Addon
Integrity Care Group acquired 15 NextCare clinics—nine in Oklahoma, four in Missouri and two in Nebraska—with approximately 200 employees joining Integrity. The acquisition expands Integrity’s Oklahoma presence and marks its entry into Missouri and Nebraska, growing its network to 100 locations across five states.
-
October 12, 2026
- Buyer
- Fumex Air Filtration Systems
- Target
- PAT Technology Systems
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Type
- Addon
Fumex Air Filtration Systems acquired PAT Technology Systems, the Montreal-based company behind the Filtrabox brand, adding compact modular fume extractors to Fumex’s air-filtration portfolio. The combination expands product capabilities and customer reach across North America and Europe, with the companies’ engineering teams planning to collaborate on new filtration products.
-
October 12, 2026
- Buyer
- Advantage Distribution Holdings
- Target
- Badger Metals, Inc.
- Industry
- HVAC & Mechanical
- Location
- Wisconsin, United States
- Type
- Addon
Advantage Distribution Holdings (ADH) acquired Badger Metals, a family-led HVAC equipment and supplies distributor serving Wisconsin contractors. The acquisition expands ADH’s footprint to 17 locations across seven states; Badger’s local leadership and brand will remain, and Joe and Josh Welch will become ADH shareholders.
-
October 12, 2026
- Buyer
- FVLCRUM Funds
- Target
- Fidelity Technology Services
- Industry
- Aerospace & Defense
- Location
- Pennsylvania, United States
- Type
- Addon
FVLCRUM Funds acquired Fidelity Technology Services, a provider of military simulation training systems and services to U.S. and allied defense customers. FTS will operate alongside FVLCRUM portfolio company Advanced IT Concepts, combining complementary capabilities to form a broader flight simulation and training platform serving the U.S. military.
-
October 12, 2026
- Buyer
- Constellation Cold Logistics
- Target
- Impruv Logistics AS
- Industry
- Logistics & Distribution
- Location
- Telemark, Norway
- Type
- Addon
Constellation Cold Logistics acquired Impruv Logistics AS, adding a newly developed cold-storage facility near Porsgrunn with approximately 25,000 temperature-controlled pallet positions. The acquisition expands Constellation’s Norwegian capacity to approximately 90,000 pallet positions and adds local food-logistics expertise and customer relationships to its Nordic platform.
-
October 12, 2026
- Buyer
- Rensa Filtration
- Target
- Aero Filter, Inc.
- Industry
- HVAC & Mechanical
- Location
- Michigan, United States
- Type
- Addon
Rensa Filtration acquired Aero Filter, a Michigan-based distributor and service provider of air filtration solutions. The acquisition adds local technical sales and on-site service capabilities to Rensa’s regional network and expands its reach across Michigan.
-
October 12, 2026
- Buyer
- Sojourner Consumer Partners
- Target
- AMG Brands
- Industry
- Consumer Products
- Location
- New Jersey, United States
- Type
- Addon
Sojourner Consumer Partners combined portfolio company Lornamead Products with AMG Brands in a $279 million merger, creating LPNA Group. The combined consumer products company plans to use the businesses’ complementary brands, manufacturing and sourcing capabilities, and retail relationships to expand across channels, with e-commerce a particular focus.
-
October 11, 2026
- Buyer
- PLACE
- Target
- Ardley
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Type
- Addon
PLACE agreed to acquire Ardley, whose AI-powered mortgage technology helps lenders analyze loan portfolios and deliver targeted loan offers to existing borrowers. The acquisition expands PLACE’s mortgage-lifecycle platform with portfolio intelligence and retention capabilities; Ardley will continue serving its existing customers and partners.
-
October 11, 2026
- Buyer
- Sopris Capital
- Target
- Blackford Analysis
- Seller
- Bayer
- Industry
- AI & Machine Learning
- Location
- Scotland, United Kingdom
- Type
- Addon
Sopris Capital acquired Blackford Analysis from Bayer and plans to combine it with portfolio company Azra AI, while Blackford remains a separate legal entity. The acquisition adds medical-imaging AI orchestration capabilities to Sopris’s healthcare technology portfolio and is intended to extend its support for patients earlier in the care journey.
-
October 10, 2026
- Buyer
- Precision Products Group
- Target
- Monadnock Non-Wovens
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Addon
Precision Products Group acquired Monadnock Non-Wovens, adding specialty meltblown nonwoven materials and related manufacturing capabilities to its engineered materials portfolio. Monadnock, founded by the Verney family, will continue operating under its existing brand, with James Cree remaining President.
-
October 10, 2026
- Buyer
- Petauri
- Target
- Franklin Pharmaceutical Consulting
- Industry
- Professional Services
- Location
- North Carolina, United States
- Type
- Addon
Petauri acquired Franklin Pharmaceutical Consulting (FPC), a consultancy providing health economics and outcomes research (HEOR), real-world evidence, and market access services to life sciences companies. FPC will strengthen Petauri Evidence, and founder Meg Franklin will serve as President of Petauri Evidence US.
-
October 9, 2026
- Buyer
- Klipboard
- Target
- Linxup
- Industry
- Cloud & SaaS
- Location
- Missouri, United States
- Type
- Addon
Klipboard acquired Linxup, adding its cloud-based fleet and field service management software to Klipboard’s portfolio and expanding the buyer’s North American presence. Linxup serves approximately 25,000 customers and supports more than 240,000 connected devices.
-
October 9, 2026
- Buyer
- Verdantas
- Target
- Civilitude Engineers & Planners
- Industry
- Engineering Services
- Location
- Texas, United States
- Type
- Addon
Verdantas acquired Austin-based Civilitude Engineers & Planners, adding civil engineering, planning, infrastructure, and permitting capabilities in Central Texas. The acquisition expands Verdantas’ local presence and supports its growth across Texas; Sterling Investment Partners is an investor in the Verdantas platform.
-
October 9, 2026
- Buyer
- Waverly Advisors
- Target
- MCS Family Wealth Advisors
- Industry
- Wealth Management
- Location
- Oregon, United States
- Type
- Addon
Waverly Advisors acquired MCS Family Wealth Advisors, an Oregon wealth management firm with offices in Bend and Eugene and approximately $151 million in assets under management. The acquisition expands Waverly’s presence in the Pacific Northwest, and the transaction closed on October 9, 2026.
-
October 9, 2026
- Buyer
- Apella Wealth
- Target
- Blue Spark Capital Advisors LLC
- Industry
- Wealth Management
- Location
- New York, United States
- Type
- Addon
Apella Wealth added Blue Spark Capital Advisors, a financial planning and wealth management firm with offices in New York City and Great Barrington, Massachusetts, in a transaction that added approximately $261 million in assets under management. The completed acquisition expands Apella’s Northeast presence and adds Blue Spark founder Maura Griffin and her team to the firm.
-
October 9, 2026
- Buyer
- Innovative Refrigeration Systems
- Target
- QuickFreeze
- Seller
- Dan Tippmann, Bob Tippmann
- Industry
- Manufacturing
- Location
- Indiana, United States
- Type
- Addon
Innovative Refrigeration Systems acquired QuickFreeze, a Fort Wayne-based developer and manufacturer of blast-freezing equipment, from Dan and Bob Tippmann. The acquisition adds QuickFreeze’s patented technologies and team to Innovative’s product and manufacturing capabilities; the transaction is Innovative’s first in partnership with CCMP Growth Advisors.
-
October 9, 2026
- Buyer
- Guide Architecture
- Target
- MAIA Consulting
- Industry
- Consulting
- Location
- Colorado, United States
- Type
- Addon
Guide Architecture acquired MAIA Consulting, a 25-person healthcare consulting firm specializing in medical equipment planning and related services. The acquisition adds capabilities across the healthcare capital-project lifecycle; MAIA founder Melody Vandivere will continue leading the practice and guide its expansion within Guide.
-
- Buyer
- Character World Brands (a division of Bioworld)
- Target
- Björna, Chaulnes Textile Industries (CTI)
- Industry
- Consumer Products
- Location
- Denmark and France
- Type
- Addon
Character World Brands, a division of Bioworld, acquired Danish home textiles specialist Björna and French home textiles company Chaulnes Textile Industries (CTI). The acquisitions add local market expertise, retailer relationships and product development capabilities, strengthening the group’s European presence and its ability to develop and distribute licensed home collections.
-
October 9, 2026
- Buyer
- pubX
- Target
- Compliant
- Industry
- Marketing & Advertising
- Type
- Addon
pubX raised a $5 million Series A led by Chicago Ventures and acquired media quality and governance company Compliant. Compliant will retain its name and operate as a pubX company, with Jamie Barnard leading global demand growth at pubX.
-
October 9, 2026
- Buyer
- Arthur J. Gallagher & Co., Pen Underwriting
- Target
- Ornella Underwriting
- Industry
- Insurance
- Location
- Ireland
- Type
- Addon
Arthur J. Gallagher & Co. has acquired Ornella Underwriting through its specialist underwriting subsidiary Pen Underwriting. Ornella, a managing general agent in Wexford, Ireland, will become part of Pen Underwriting and continue operating under Pen Underwriting’s Ireland leadership.
-
- Buyer
- Spectrum Wine Auctions (majority-owned by Gold.com via Spectrum Wine), Gold.com (via majority ownership of Spectrum Wine Auctions)
- Target
- Wine Cellar Club
- Industry
- Retail
- Location
- California, United States
- Type
- Addon
Spectrum Wine Auctions, a majority-owned business of Gold.com’s Spectrum Wine, has acquired Wine Cellar Club, a wine storage operator based in Orange County, California. The deal expands Spectrum Wine’s storage footprint and increases capacity to approximately 1.5 million bottles (about 125,000 cases) across Orange County and Hong Kong.
-
- Buyer
- Carson Group, Carson Wealth
- Target
- Foran Financial Group
- Industry
- Financial Services
- Location
- New Jersey, United States
- Type
- Addon
Carson Group announced that Foran Financial Group will join Carson Wealth’s integrated advisor channel and operate as a Carson Wealth location in Somerville, New Jersey. The family-led practice, serving about $410 million in assets under management, will continue led by Daniel Foran and John Foran while gaining Carson’s planning capabilities, technology, and operational support.
-
- Buyer
- Stonefield Economics
- Target
- VALUE Incorporated
- Industry
- Professional Services
- Location
- Texas, United States
- Type
- Addon
Stonefield Economics announced that VALUE Incorporated has joined its national economic consulting and dispute advisory platform. VALUE, based in Irving, Texas, is a financial valuation and economic damages consulting firm. The transaction is Stonefield’s third strategic acquisition, and VALUE will continue serving its existing clients while gaining access to Stonefield’s broader infrastructure.
-
October 8, 2026
- Buyer
- Certerra
- Target
- Universal Testing & Inspection Services
- Industry
- Engineering Services
- Location
- New York, United States
- Type
- Addon
Certerra acquired Universal Testing & Inspection Services, a New York-based provider of geotechnical drilling, special inspections, construction materials testing, and laboratory services. The acquisition expands Certerra’s technical capabilities and strengthens its presence in the Northeast; Universal owner and president Larry A. Mercardante will lead Certerra’s New York and New Jersey operations as Northeast Division President.
-
October 8, 2026
- Buyer
- XKIG
- Target
- Wilderness Land Management
- Industry
- Industrial Services
- Location
- Iowa, United States
- Type
- Addon
XKIG acquired Wilderness Land Management, a utility vegetation management and rights-of-way contractor based in Iowa. Wilderness will join XKIG’s Kendall Vegetation Services operating unit, expanding its service capabilities and strengthening its presence in Iowa and neighboring states.
-
October 8, 2026
- Buyer
- 11:11 Systems
- Target
- Select IBM VMware Cloud Service Provider enterprise customers
- Seller
- IBM (implied, as source customers are IBM VMware VCSP customers)
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Addon
11:11 Systems completed the acquisition of select IBM VMware Cloud Service Provider (VCSP) enterprise customers. The deal expands 11:11’s global reach and its capability to support complex enterprise migrations across cloud infrastructure, connectivity, and cyber resilience/recovery services.
-
October 7, 2026
- Buyer
- ORS Nasco
- Target
- Techniweld, PowerWeld
- Industry
- Logistics & Distribution
- Location
- Ontario, Canada
- Type
- Addon
ORS Nasco acquired Techniweld and PowerWeld, a North American wholesaler of welding products operating in Canada under the Techniweld brand and in the U.S. under PowerWeld. The acquisition expands ORS Nasco’s welding distribution presence across North America and complements its existing welding businesses.
-
October 7, 2026
- Buyer
- Bluespring Wealth
- Target
- Family Wealth Counseling
- Industry
- Wealth Management
- Location
- United States
- Type
- Addon
Bluespring Wealth acquired Family Wealth Counseling, which then merged with Bluespring’s existing firm KDI Wealth Management. The combined practice operates under the Bluespring Wealth name, has 16 professionals including eight advisors, and oversees just over $1 billion in client assets.
-
October 7, 2026
- Buyer
- Equal Parts
- Target
- Loma Portal Insurance
- Industry
- Insurance
- Location
- Michigan, United States
- Type
- Addon
Equal Parts acquired Loma Portal Insurance, an independent insurance agency in Farmington Hills, Michigan. Rex Young, Dustin Webb, Brock Sherwood, and Stephanie Musick, who joined Equal Parts through its acquisition of D3 Insurance Group, led the transaction as part of the platform’s operator-led growth strategy.
-
October 7, 2026
- Buyer
- Advantage Investigations
- Target
- NorStar Investigations
- Industry
- Professional Services
- Location
- New York, United States
- Type
- Addon
Advantage Investigations, a portfolio company of Align Capital Partners, acquired NorStar Investigations, an investigative services provider based in Fishkill, New York. The add-on expands Advantage’s presence in New York, New Jersey, and Pennsylvania; NorStar’s team will remain in place while gaining access to Advantage’s technology, operational infrastructure, and national resources.
-
October 7, 2026
- Buyer
- Equal Parts
- Target
- El Valle Insurance
- Industry
- Insurance
- Location
- New Mexico, United States
- Type
- Addon
Equal Parts acquired El Valle Insurance, an independent insurance agency serving customers in Española and Rio Rancho, New Mexico. Benito Ortiz, who joined Equal Parts through its acquisition of Strategic Insurance Group, led the transaction as part of the platform’s strategy of enabling agency operators to expand through acquisitions.
-
October 7, 2026
- Buyer
- Equal Parts
- Target
- Archer Insurance Solutions
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Addon
Equal Parts acquired Archer Insurance Solutions, an insurance agency based in Waxahachie, Texas. Rex Young, Dustin Webb, Brock Sherwood, and Stephanie Musick, who joined Equal Parts through its acquisition of D3 Insurance Group, led the transaction as part of Equal Parts’ operator-led acquisition model.
-
- Buyer
- Thermal Technology Distribution Solutions
- Target
- Thermal Products
- Industry
- Industrial Services
- Location
- New York, United States
- Type
- Addon
Thermal Technology Distribution Solutions (TTDS), a Gryphon Investors-established platform, acquired Thermal Products, a provider of engineered heat-transfer and process-equipment solutions. The acquisition adds complementary heat-transfer expertise to TTDS’s existing thermal-management capabilities and gives Thermal Products access to TTDS’s broader commercial reach and resources; terms were not disclosed.
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