Tangent Technologies (The Sterling Group portfolio) Acquires Bedford Technology

Tangent Technologies (The Sterling Group) Acquires Home & Leisure and Vinyl Tech

August 30, 2019

Manufacturing

Tangent Technologies, a portfolio company of The Sterling Group, completed acquisitions of Canadian plastic-lumber furniture manufacturer Home & Leisure and U.S.-based fulfillment provider Vinyl Tech. The deals expand Tangent's manufacturing, sheet/fabrication and distribution capabilities to broaden product offerings and strengthen regional fulfillment in key U.S. markets.

Bedford Consulting Acquires Mentat Technology with Support from Keensight Capital

February 8, 2024

IT Services

Bedford Consulting has acquired Mentat Technology, a London-based Anaplan implementation partner, with support from Keensight Capital, a major shareholder in Bedford. The deal strengthens Bedford's UK market position and sector capabilities (Finance, Insurance, Manufacturing) by adding Mentat's ~15 consultants and over 100 completed Anaplan projects to Bedford's platform.

Star Equity Holdings Acquires Timber Technologies

May 17, 2024

Building Products

Star Equity Holdings, Inc. completed the acquisition of Timber Technologies, LLC (Timber Tech), a Colfax, Wisconsin-based glue-laminated timber (glulam) manufacturer, effective May 17, 2024. The cash-free, debt-free purchase price was $23 million (including upfront cash, deferred cash and an earn-out), with associated real estate to be acquired separately for $3 million; Timber Tech reported 2023 revenue of $18.8 million and Adjusted EBITDA of $5.5 million.

Tex Tech Industries (Arlington Capital) Acquires Highland Industries' Coating, Laminating and Defense Business

May 2, 2019

Manufacturing

Tex Tech Industries, a portfolio company of Arlington Capital Partners, completed the acquisition of the coating, laminating and U.S. defense-related operations of Highland Industries. The acquired businesses will operate as Tex Tech Coatings, LLC in Kernersville, North Carolina, expanding Tex Tech's manufacturing capabilities and vertical integration across aerospace, industrial and medical end markets.

Meridian Adhesives Group Acquires Convergent Concrete Technologies

February 1, 2021

Manufacturing

Meridian Adhesives Group acquired Convergent Concrete Technologies in February 2021 and will integrate Convergent into Meridian's Infrastructure Division. The acquisition expands Meridian's portfolio of concrete treatments, coatings and adhesive-promoting products to better serve contractors, facility owners, architects and engineers and supports Meridian's growth in the infrastructure and construction markets.

Pemberstone Capital Partners Acquires Sterling Thermal Technology Ltd

March 18, 2024

Manufacturing

Pemberstone Capital Partners has acquired Sterling Thermal Technology Ltd, a specialist UK-based manufacturer of custom heat exchangers, from existing investors including Nova Capital Management and Caledonia Investments. The transaction provides an exit for the selling investors while giving Sterling access to growth capital and expertise to accelerate its domestic and international expansion.