Manufacturing Add-on Acquisitions in 2026

FCH has completed the acquisition of Axiflow Technologies, a specialist in sanitary twin-screw pumps serving the food, beverage, pharmaceutical and data-cooling markets. The add-on strengthens FCH's hygienic process capabilities and expands its proprietary pump technology offerings while Axiflow retains commercial autonomy and collaborates with FCH's engineering and manufacturing teams.

Manufacturing Corporation of America (MCA) has acquired TRUKD, a U.S.-based truck bed rack manufacturer. TRUKD will operate within MCA's Metal One Fabrication facility to enable vertically integrated manufacturing, accelerate product development, improve supply-chain resilience, and scale production in support of Made-in-America growth.

Threadlock Precision, an operating network backed by The D. E. Shaw Group, has acquired R&S Machining, a St. Louis-based CNC precision machining company founded in 1992. The add-on expands Threadlock's large-format machining, assembly and engineering capabilities—increasing capacity and capability for its aerospace and defense precision manufacturing network.

Global Feeders Group Inc. has brought VTR Feeder Solutions Inc. (Grimsby, Ontario) and Performance Feeders Inc. (Oldsmar, Florida) together as sister companies under a single parent, creating North America's largest parts feeding organization. Both businesses will continue to operate under their existing brands and leadership while benefiting from shared R&D, expanded capabilities, and broader geographic reach.

Novaria Group, a portfolio company of Arcline Investment Management, has acquired Plasma Ruggedized Solutions (PRS), a provider of high-reliability conformal coatings, parylene coating, potting, and encapsulation for defense, medical and advanced industrial electronics. The deal expands Novaria's advanced surface protection capabilities and strengthens its position serving mission-critical aerospace, defense and industrial end markets.

FirmaPak, a Chicago-based blow-molded packaging platform, has acquired Easy Plastic Containers Corporation (Easy Plastics), a Canadian blow molder with two manufacturing facilities near Toronto, Ontario. The acquisition expands FirmaPak's geographic footprint into Canada, broadens capabilities in personal care and pharmaceutical packaging, and keeps Easy Plastics' leadership in place.

Invio Automation, a portfolio company of Arsenal Capital Partners, has acquired Calvary Robotics, a Webster, New York-based provider of robotics, advanced automation and material handling systems. The add-on expands Invio's engineering capabilities and manufacturing footprint to better serve high-growth end markets such as medical devices, advanced manufacturing and transportation; terms were not disclosed.

Foundation Investment Partners (FIP), via its platform Sustainable Packaging, LLC, has acquired Paper Converters, Inc., a Walterboro, South Carolina manufacturer of spiral wound paper tubes, edge board and sheeting. The acquisition is an add-on to FIP's Sustainable Packaging platform and is intended to drive collaboration with sister company Amspak, improve supply chain continuity, and expand capability in sustainable paper packaging for textile and industrial customers in the Southeastern U.S.

HKW’s portfolio company Electric Equipment Engineering (EEE) has completed a strategic merger with Endpoint Industrial Controls, a Loveland, Colorado–based designer and manufacturer of low-voltage electrical products. The combination expands EEE’s product offering and engineered solutions for end markets including data centers, energy and industrial customers, with Endpoint’s leadership team remaining in place.

PRO-SET Formulated Resin Systems, LLC (a holding of Iron Path Capital) has acquired Universal Chemicals and Coatings, Inc. (UNICHEM), a family-owned manufacturer of industrial coatings, laminating adhesives and container linings. The deal expands PRO-SET’s formulated coatings and laminating adhesive capabilities as an add-on to its growing resin systems platform; financial terms were not disclosed.

Novopor Advanced Science, a Bain Capital–backed performance chemicals and materials CDMO, has acquired FAR Chemical from CPS Performance Materials Group to expand its U.S. footprint and add capabilities in complex specialty chemistries. The deal integrates FAR Chemical's expertise in custom and hazardous specialty chemical manufacturing—serving electronics, aerospace & defense, and coatings/adhesives end markets—into the Novopor platform.

Tide Rock, an unlevered buyout firm, acquired Analog Technologies, a Burnsville, Minnesota-based electronic manufacturing services (EMS) provider. The deal is an add-on to Tide Rock's EMS platform (working alongside portfolio company Pro-Active Engineering) and expands the platform's PCBA, high-performance interconnect and A&D-certified capabilities.

Polycorp, a portfolio company of Arsenal Capital Partners, has acquired Iron Horse Engineering Company, a pioneer in rail boot and embedded track technologies. The deal expands Polycorp’s rail product portfolio and engineering capabilities to deliver more integrated solutions across light- and heavy-rail applications worldwide.

McDanel Advanced Materials and Richland Glass, both portfolio companies of Artemis, have completed a strategic merger that combines advanced ceramics, optical technologies (Rayotek) and precision specialty glass into a single materials-science platform. The combined organization will offer expanded engineered-materials and component solutions for mission-critical applications across aerospace, defense, life sciences, semiconductor and diversified industrial markets; financial terms were not disclosed.

Plasticade, a portfolio company of Radial Equity Partners, has acquired Mr. Chain, a longtime manufacturer of crowd-control, safety and barrier solutions. The add-on expands Plasticade's product portfolio in the traffic safety and signage market, enabling broader offerings for construction, municipal and event safety customers.

The Riverside Company has invested in Key Polymer, a specialty manufacturer of adhesives, sealants and coatings, as the first add-on to its Seatex platform. The acquisition expands Seatex's formulation, custom blending and manufacturing capabilities and extends the combined organization's end-market and geographic reach across industrial, automotive and aerospace segments.

Control Devices, a portfolio company of HBM Holdings, has acquired Sherwood Valve to expand its compressed gas flow control portfolio and enhance engineering and manufacturing capabilities. The deal adds Sherwood's product lineup and brand (operations in Cleveland, Ohio and the Pittsburgh area) and brings about 75 employees to Control Devices; financial terms were not disclosed.

Threadlock Precision, a U.S. precision manufacturing platform backed by the D. E. Shaw group, has acquired Kremin Inc., a Frankenmuth, Michigan-based CNC machining firm serving aerospace, defense and medical customers for more than 40 years. The deal adds Kremin's Swiss machining and tight-tolerance capabilities to Threadlock’s precision manufacturing network to support a wider range of aerospace and defense customer programs and to modernize and scale Kremin's operations.

Netform, a Torque Capital Group portfolio company, completed a merger with Lavalier Corporation (dba Tapemaster), adding precision CNC milling, turning, grinding and inspection capabilities to its advanced manufacturing platform. The transaction brings Tapemaster's AS9100D-certified aerospace and defense machining capabilities into Netform, expanding aerospace/defense and transportation program support and strengthening vertically integrated manufacturing.

Currier Plastics, a Sheridan Capital Partners portfolio company, has completed the acquisitions of Springboard Manufacturing and MOS Plastics. The add-on deals expand Currier's West Coast footprint, add significant Class 7/8 cleanroom capacity, and deepen capabilities serving pharmaceutical, medical device and diagnostics customers.

Radial Equity Partners has acquired Cortina, a Franklin Park, Illinois-based manufacturer of traffic and work zone safety products, and will merge it with Radial’s 2024 portfolio company Plasticade. The Giannelli family will retain an ownership stake and Matt Soule has been named interim CEO of the combined business to accelerate growth and expand product and manufacturing capabilities.

DwyerOmega, a portfolio company of Arcline Investment Management, has acquired Burns Engineering to expand its precision temperature measurement product offering. Burns Engineering, founded in 1965 and based in Eden Prairie, Minnesota, provides metrology-grade temperature measurement devices for end markets including biopharma, food processing, and calibration laboratories; financial terms were not disclosed.

Cleanova, the PX3 Partners-backed industrial filtration platform, has acquired U.S.-based Airflotek and TES-Clean Air Systems and will consolidate them into Cleanova to enter ultra-clean controlled-environment markets. The bolt-ons add custom fan filter unit (FFU), HEPA/ULPA filtration, and cleanroom distribution capabilities to support semiconductor, biotechnology/pharmaceutical, and data-center customers.

Cleanova, a Chattanooga-based industrial filtration platform owned by PE firm PX3 Partners, has acquired U.S.-based Airflotek and TES-Clean Air Systems and will consolidate them into its Cleanova business. The add-ons expand Cleanova’s capabilities in ultraclean controlled environments (custom FFUs, HEPA/ULPA filtration) and broaden access to semiconductor, pharmaceutical/biotech and data center end markets.

Cleanova, the PX3 Partners‑owned industrial filtration platform, has acquired U.S. cleanroom specialists Airflotek and TES‑Clean Air Systems and will consolidate them into a single business within Cleanova. The add‑on acquisitions expand Cleanova’s capabilities into ultra‑clean, controlled‑environment filtration for semiconductor manufacturing, biotechnology, pharmaceuticals, data centers and high‑performance computing.

Cleanova, a PX3-backed industrial filtration platform based in Chattanooga, Tennessee, has acquired U.S.-based Airflotek and TES-Clean Air Systems and will consolidate them into a single business within Cleanova. The acquisitions add custom fan filter units (FFUs), HEPA/ULPA filtration and cleanroom expertise, expanding Cleanova's capabilities into ultra-clean controlled environments serving semiconductors, pharmaceuticals, biotech and high-performance data center markets.

Cleanova, a PX3-backed industrial filtration platform based in Chattanooga, Tennessee, has acquired U.S.-based Airflotek and TES-Clean Air Systems and will merge them into Cleanova to expand its capabilities in ultra-clean controlled environments. The acquisitions bring custom FFU (fan filter unit) design, HEPA/ULPA filtration expertise and global distribution into Cleanova’s portfolio, targeting semiconductor, pharmaceutical/biotech and data-center markets.

Novae, a leading North American trailer manufacturer, has acquired Aluma Trailers to expand its aluminum trailer product offering and strengthen its dealer-distributed platform. Aluma will remain headquartered in Bancroft, Iowa and led by CEO Mike Lloyd and the existing management team; financial terms were not disclosed.

Sigma Companies International Corp. (SIGMA), a Wind Point Partners portfolio company, has acquired Masonry Supply, Inc. (MSI), a Selma, North Carolina-based manufacturer of municipal waterworks castings and polymer enclosures. The deal expands SIGMA’s waterworks product portfolio and Southeast U.S. fulfillment capabilities, with MSI leadership (Jacob Nash) remaining in commercial leadership.

ADDMAN Engineering LLC, a portfolio company of American Industrial Partners, has acquired Forecast 3D, a Carlsbad, California-based polymer additive manufacturing firm formerly operated by GKN Powder Metallurgy. The deal expands ADDMAN's West Coast polymer capacity and digital quoting capabilities, increasing its industrial additive fleet to over 160 systems and advancing its strategy to build a comprehensive North American additive manufacturing platform.

Mississippi Lime Company (MLC), an HBM Holdings company, has completed the acquisition of Burnett, Inc., a technical leader in lime slurry systems and services used in municipal water treatment. The deal includes Burnett's four Southeast U.S. operations, trucking business and proprietary technologies (CAL~FLO and the RE~MIN PROCESS); financial terms were not disclosed.

Safe Monitoring Group (a portfolio company of Alder) has acquired Gastronics, Inc., a US-based pioneer in wireless gas detection systems. The deal adds the first North America–based company to SMG's portfolio, expanding its gas detection capabilities, regulatory certifications and presence across industrial, energy and refrigeration markets.