Worthington Enterprises Acquires Elgen Manufacturing from MFG Partners

Entegra Attachments Acquires Hercules Machinery and Titan Metal Worx

June 15, 2021

Manufacturing

Entegra Attachments, a holding company for equipment-attachment manufacturers, acquired Hercules Machinery Corporation (HMC) and sister machining provider Titan Metal Worx. The transactions were supported by follow-on and mezzanine equity/debt from Entegra's investors including Capital For Business, First Capital Partners, UMB Capital Corporation, B12 Capital Partners and Entegra CEO Michael Flannery to expand production and product capabilities across Entegra's platform.

thyssenkrupp Elevator Canada Acquires Winnipeg Elevator Group

July 7, 2020

Engineering Services

thyssenkrupp Elevator Canada has acquired Winnipeg Elevator Group (WEG), a Winnipeg-based elevator service and modernization provider that maintains roughly 1,000 vertical-transportation units in the region. All 23 WEG employees and most of the ownership team will be retained; the acquisition strengthens thyssenkrupp's service and modernization footprint in the Winnipeg market.

MW Components Acquires Elgin Fastener Group

September 8, 2023

Manufacturing

MW Components acquired Elgin Fastener Group, closing on September 8, 2023. The acquisition expands MW Components' U.S. manufacturing footprint and fastener product portfolio—adding Elgin's seven specialty fastener locations, custom-engineering capabilities, and broad in-stock catalog to support customers across medical, automotive, aerospace and other end markets.

Wrench Group Acquires NexGen Air Conditioning & Plumbing

May 5, 2022

Professional Services

Wrench Group has acquired NexGen Air Conditioning & Plumbing, marking Wrench's first expansion into Southern California. NexGen operates eight locations across the region, employs more than 400 people and serves over 100,000 homeowners; SF&P Advisors acted as exclusive sell-side advisor to NexGen.

Swegon Group AB Acquires HC Groep

July 3, 2024

HVAC & Mechanical

Swegon Group AB has acquired HC Groep, a Netherlands-based market leader in indoor climate technology, bringing HC Groep’s ten business labels and ~386 employees into Swegon’s global platform. The deal — completed with HC Groep’s previous investor Gilde Equity Management exiting — strengthens Swegon’s presence in the Dutch market and expands its ventilation, HVAC and building automation capabilities.

Regent Acquires Three Modine Automotive Businesses in Germany

September 6, 2023

Automotive

Modine has signed a definitive agreement to sell three of its German automotive businesses (located in Neuenkirchen, Pliezhausen and Wackersdorf) to affiliates of Regent, L.P. The businesses manufacture exhaust gas recirculation (EGR) coolers, radiators and charge air cooler modules and generated combined FY2023 revenue of $80–$90 million; the sale is part of Modine's strategy to focus on higher-margin technologies and is expected to close pending regulatory approval.