True Movement Tech Acquires Mancino Manufacturing (Mancino Mats)

NMG Aerospace Acquires Matco Manufacturing

December 31, 2022

Aerospace & Defense

NMG Aerospace, a family-owned aerospace manufacturer based in Stow, Ohio, has acquired Matco Manufacturing, a Salt Lake City maker of aircraft wheels, brakes, and related components. The deal, finalized in Q4 2022, brings Matco's expertise in experimental, light sport, and advanced air mobility landing systems into NMG's broader design and manufacturing platform; Matco owner George Happ will remain with the business.

Digitas Media, LLC Acquires True Trampoline

July 14, 2022

Media & Entertainment

Digitas Media, LLC acquired True Trampoline, a niche website providing reviews, guides, and informational content about trampolines. The purchase is part of Digitas Media's strategy to expand its online publishing portfolio and grow organic and paid traffic to niche blog properties.

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

The Massman Companies Acquires New England Machinery, Inc.

March 14, 2022

Manufacturing

The Massman Companies has acquired New England Machinery, Inc., a Bradenton, Florida-based packaging machinery manufacturer. The deal, which closed March 11, 2022, expands Massman's bottling and container handling capabilities and enables full-line solutions from bottle to pallet.

Cambridge Mobile Telematics Acquires TrueMotion

June 17, 2021

Data & Analytics

Cambridge Mobile Telematics (CMT) has acquired TrueMotion, a leading mobile telematics provider, in a deal that combines the two largest smartphone-based telematics platforms to accelerate product innovation and scale. The combined company will expand CMT’s reach across insurers, fleets, automakers and mobility customers globally and strengthen capabilities in AI-driven driving risk measurement and real-time crash detection.

Manitowoc Tool & Machining Acquires Mid Valley Industries

February 8, 2024

Manufacturing

Manitowoc Tool & Machining (a portfolio company backed by Summit Equity Group, Midwest Growth Partners and NewSpring Mezzanine) completed the acquisition of Mid Valley Industries, a Kaukauna, Wisconsin-based precision contract manufacturer, on January 17, 2024. The deal is an add-on to MTM's platform and is intended to expand MTM's large turning and milling capabilities and broaden its end-market exposure to heavy equipment, aerospace/defense and energy customers.