Genesis Bank Acquires Excel Bank (a tradename of EH National Bank)

Fusion Capital Partners Acquires Excel Engineering, Inc.

January 6, 2026

Industrial Services

Los Angeles-based private equity firm Fusion Capital Partners has acquired Excel Engineering, a Diagonal, Iowa-based testing and certification firm that provides engine, powertrain, battery and emissions testing services to OEM and industrial customers. The transaction (terms undisclosed) is positioned as a growth-oriented, capability-expanding platform investment to scale Excel's testing capacity, capabilities and talent; Monroe Capital acted as a joint lead arranger on the senior credit facility supporting the deal.

Olympus Partners Acquires Excel Fitness Holdings (Planet Fitness Franchisee)

April 29, 2022

Restaurants & Hospitality

Stamford-based private equity firm Olympus Partners has acquired Excel Fitness Holdings, a leading Planet Fitness franchisee headquartered in Austin, Texas. Excel operates over 90 Planet Fitness locations across several U.S. markets (serving ~750,000 members) and the deal represents a PE buyout from prior sponsor Altamont Capital Partners to support further club development and geographic expansion.

Taconic Capital Holdings Acquires Excel Mechanical, Inc.

July 14, 2023

HVAC & Mechanical

Taconic Capital Holdings, a private investment firm based in Boca Raton, Florida, acquired Excel Mechanical, Inc., an HVAC and plumbing contractor headquartered in Tewksbury, Massachusetts. The transaction closed on July 14, 2023 and was advised by Generational Equity.

Benshaw Acquires Excel Industrial Electronics

August 13, 2020

Industrial Services

Pittsburgh-based Benshaw Inc. has acquired Excel Industrial Electronics Inc., a Clinton Township, Michigan leader in drive systems, control panels and automation. The deal brings Excel's drive systems integration, PLC/PC, networking and HMI capabilities into the Benshaw Group to accelerate growth and expand Benshaw's industrial and OEM motor control solutions.

Global Excel Management Acquires Hines & Associates

July 1, 2021

Healthcare Services

Global Excel Management Inc. acquired Hines & Associates, Inc., effective July 1, 2021. The acquisition broadens Global Excel's healthcare risk management capabilities in the U.S. by adding Hines' case management, utilization management and disease management services while Hines will continue to operate under its existing brand.

Quick Roofing Acquires Excel Construction Group

August 12, 2024

Construction

Quick Roofing, a portfolio company of Centre Partners, has combined with Excel Construction Group to create the leading roofing business in the Dallas–Fort Worth market and one of the largest roofing platforms nationally. The combined company operates more than 23 branches (10 in Texas), expands Quick Roofing’s re-roofing and water mitigation capabilities, and will retain Excel founder Felix Salinas on the leadership team.