Torqx Capital Partners Acquires Majority Stake in ELCEE; ELCEE Acquires Prins Castings & Forgings

Prather Capital Partners Acquires Majority Stake in QDP Technologies

April 7, 2022

Manufacturing

Prather Capital Partners, a Louisville-based private equity firm, acquired a majority stake in QDP Technologies, a Ramsey, Minnesota-based contract manufacturer specializing in high-precision components and assemblies for aerospace, medical, and diversified industrial markets. The investment will support QDP's next phase of growth, including adding in-house capabilities and scaling production; this is Prather’s second advanced manufacturing investment following UMA Precision Machining.

EQI Ltd. Acquires Ferralloy, Inc.

May 6, 2025

Manufacturing

EQI Ltd. has acquired Ferralloy, Inc., a Cleveland-based supplier of heat-resistant alloy castings, forgings, machined components and specialty raw materials. The deal will fold Ferralloy into EQI's portfolio (alongside Pro-Tech) to expand EQI's thermal processing and metal components capabilities and broaden its customer base and supply-chain footprint.

Hanover Investors Acquires Llanelec Precision Engineering

July 29, 2025

Manufacturing

Hanover Investors has acquired Llanelec Precision Engineering, a Neath, Wales-based manufacturer of precision-machined components for the defence and aerospace sectors. The investment—made via Hanover Active Equity Fund III—will see Hanover partner with CEO Spencer John to support Llanelec's growth and strategic development from its 120,000 sq. ft. manufacturing facility.

Arsenal Capital Partners Completes Majority Investment in Polycorp Ltd.

January 29, 2024

Manufacturing

Arsenal Capital Partners completed a majority investment in Polycorp Ltd., a Canadian manufacturer of engineered elastomer solutions. Terms were not disclosed; Polycorp (headquartered in Elora, Ontario) employs ~250 people and founder Peter Snucins will remain an investor and board member as the company pursues manufacturing, R&D and strategic growth initiatives.

ENERGO-PRO Acquires Xallas Electricidad y Aleaciones (Xeal) and Feroe from Sixth Street

October 4, 2023

Renewable Energy

Czech independent power producer ENERGO-PRO has acquired 100% of the share capital of Xallas Electricidad y Aleaciones, S.A.U. (Xeal) and Feroe Ventures & Investments S.L.U. from Sixth Street. The deal, financed in part with a EUR 300 million bridge loan from J.P. Morgan and Goldman Sachs, adds ten hydropower plants (167 MW) and two ferroalloy plants in Galicia and secures a pumped-storage concession pipeline to ENERGO-PRO.

Oakley Capital Origin Fund I Acquires Majority Stake in Alerce

October 30, 2023

Cloud & SaaS

Oakley Capital Origin Fund I has agreed to acquire a majority stake in Alerce, a Spanish provider of transport and logistics software (TMS) founded in 1989. The Pardo founding family, including CEO Pablo Pardo Garcia, will retain a significant stake; the investment will support Alerce's international expansion, product development and buy-and-build strategy.