Fluitron Acquires Bethlehem Hydrogen

Ara Partners Acquires Fluitron Inc.

October 7, 2021

Manufacturing

Ara Partners, a Houston-based private equity firm focused on industrial decarbonization, has acquired Fluitron Inc., a Pennsylvania-based manufacturer of industrial gas compression and dispensing equipment. Ara intends to scale Fluitron as a global hydrogen infrastructure platform, keeping the existing management team in place to expand manufacturing capacity, headcount, and aftermarket services.

Bacharach (FFL Partners) Acquires Neutronics

July 3, 2018

Manufacturing

Bacharach, a portfolio company of FFL Partners, has acquired Neutronics, Inc., a provider of refrigerant and gas analysis instrumentation. BDO Capital served as exclusive financial advisor to Neutronics and worked with the company's shareholders and management through the sale process; the acquisition expands Bacharach/FFL's capabilities in gas/refrigerant analysis for HVAC-R, automotive and semiconductor end markets.

Hydrasun (SCF-backed) Acquires Fuel Cell Systems Ltd.

September 28, 2022

Renewable Energy

Hydrasun, backed by SCF Partners, has acquired Fuel Cell Systems Ltd., a UK provider of hydrogen systems including fuel cells, modular electrolyzers, compression, storage and refueling systems. The acquisition expands Hydrasun's hydrogen systems capabilities and proprietary technology with plans to scale manufacturing, recruit staff and accelerate R&D.

Decarbonization Plus Acquisition Corporation II Completes Business Combination with Tritium

January 13, 2022

Energy

Tritium DCFC Limited completed a previously announced business combination with Decarbonization Plus Acquisition Corporation II (DCRN), taking Tritium public via a SPAC transaction. The deal provides Tritium with capital to expand global manufacturing, grow sales and service operations, and further develop its DC fast-charging hardware and software offerings.

Samsung Electronics Acquires FläktGroup from Triton

May 14, 2025

Industrial Services

Samsung Electronics has agreed to buy FläktGroup from funds advised by Triton for €1.5 billion (enterprise value €1.8 billion). FläktGroup, a Germany-headquartered leader in energy-efficient ventilation and precision-cooling solutions serving data centers, pharmaceuticals and industrial customers, will support Samsung's strategic expansion into the global HVAC business.

Hexatronic Group AB Acquires Fibron BX Limited from Rubicon Partners

August 1, 2023

Manufacturing

Hexatronic Group AB has acquired Fibron BX Limited, a UK-based manufacturer of harsh-environment electro-optical and subsea umbilical cables, from private equity owner Rubicon Partners. Fibron, headquartered in Hoddesdon, Hertfordshire with about 114 employees and a 7,200 sqm production facility, will continue to be led by its existing management team.