Recochem Acquires Torque Detail

Recochem Acquires KIK's Auto Care Business (Prestone and Holts)

June 28, 2024

Consumer Products

Recochem has acquired KIK Consumer Products’ Auto Care business, which comprises the Prestone brand in North America and Holts in the United Kingdom. The transaction creates a larger global automotive solutions group combining Recochem, Prestone and Holts to expand geographic reach, scale manufacturing and broaden product offerings; terms were not disclosed.

CapVest Acquires Recochem from H.I.G. Capital

November 6, 2023

Manufacturing

Funds managed by CapVest Partners LLP have acquired Recochem, a global manufacturer, marketer and distributor of aftermarket transportation and household fluids, from H.I.G. Capital, which will remain a minority investor. Recochem, headquartered in Montreal, Quebec, generates revenues in excess of $1 billion and CapVest plans to support further organic growth and M&A-driven expansion.

Concentric, LLC Acquires Retech

September 7, 2023

Industrial Services

Concentric, LLC has acquired Retech, a west-coast provider of critical DC power systems and critical infrastructure construction focused on the telecom and cable industry. The deal expands Concentric's critical power service footprint to the West Coast and adds construction and EF&I capabilities for telecom, energy storage, utilities and data center markets.

TotalEnergies Acquires Tecoil, Finnish Re-Refined Base Oils Producer

July 1, 2024

Energy

TotalEnergies has acquired Tecoil, a Finnish specialist in re-refined base oils (RRBOs) that operates a 50,000 ton-per-year facility in Hamina, Finland. The acquisition will accelerate the use of regenerated base oils in TotalEnergies’ high-end lubricants, enhancing circularity and lowering carbon footprint across its automotive, industrial and marine lubricant offerings.

Torq Acquires Revrod

April 16, 2025

Cybersecurity

Torq acquired stealth Israeli AI startup Revrod and integrated Revrod’s multi-agent RAG and agentic AI capabilities into its flagship Torq HyperSOC-2o product. The acquisition brings Revrod’s engineering and R&D team into Torq and expands Torq’s autonomous SOC automation, improving investigation speed and remediation through advanced agentic AI.

Recochem Acquires KOST USA

December 2, 2020

Manufacturing

Recochem, a portfolio company of H.I.G. Capital, has acquired KOST USA Inc., a Cincinnati-based manufacturer and marketer of automotive coolants and functional fluids. The acquisition expands Recochem's presence in the United States and strengthens its position as a scaled player in the North American automotive aftermarket fluids market.