Toshiba America Energy Systems Acquires EtaPRO Business from GP Strategies

Energy Capital Partners Acquires Majority Interest in PROENERGY

September 5, 2024

Energy

Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.

Integrated Power Services Acquires TechPro Power Group

January 29, 2026

Industrial Services

Integrated Power Services (IPS) has completed the acquisition of TechPro Power Group, Inc., a provider of power systems lifecycle management and field services. The deal expands IPS’s technical capabilities and geographic coverage across North America, enhancing service offerings for mission-critical end markets such as data centers, utilities and oil & gas.

Thermal Technology Distribution Solutions (TTDS) Acquires Proheat Inc.

January 23, 2024

Industrial Services

Thermal Technology Distribution Solutions (TTDS), a distribution platform backed by Gryphon Investors, has acquired Proheat Inc., a La Grange, Kentucky-based distributor of industrial heaters, sensors, controls and technical support for manufacturers. Proheat's management, including President and CEO Steven W. Button, will remain with the company and retain a significant equity stake; terms were not disclosed.

TMA Systems Acquires Eagle Technology

October 4, 2022

Software

TMA Systems has agreed to acquire Eagle Technology, a Mequon, Wisconsin–based developer of Proteus MMX CMMS/EAM software. The deal, supported by a $68 million strategic growth investment in TMA from Silversmith Capital Partners, is intended to accelerate product innovation (IoT and predictive maintenance capabilities), expand end-market coverage into manufacturing, distribution and logistics, and add offices in Mequon and Monterrey, Mexico.

Expro Acquires DeltaTek Global

February 9, 2023

Oil & Gas

Energy services provider Expro (NYSE: XPRO) has acquired Aberdeen-based well construction cementing specialist DeltaTek Global to broaden its cementing capabilities and technology portfolio. The deal is intended to accelerate DeltaTek's international deployment through Expro's global footprint and expand Expro's well construction offering across offshore and onshore markets.

TA Associates and True Wind Capital Make Strategic Growth Investment in e-Emphasys Technologies

November 17, 2021

Cloud & SaaS

TA Associates and True Wind Capital announced a strategic growth investment in e-Emphasys Technologies, a Cary, North Carolina–based provider of cloud-based ERP and dealer management (DMS) software for equipment dealers and rental companies. Financial terms were not disclosed; representatives from both investors will join e-Emphasys' board to support the company's geographic expansion and product growth.