PHI Industrial Acquires PPC Insulators from Seves Group

TJC, LP Acquires Insulation Technology Group from PHI Industrial

July 2, 2024

Manufacturing

TJC, LP (formerly The Jordan Company) has acquired Insulation Technology Group (ITG), a global manufacturer of high‑voltage porcelain insulators, from PHI Industrial. ITG, formed from the LAPP and PPC brands, employs more than 1,200 people with production facilities in the United States, Europe and Brazil; TJC said it will support the company’s continued expansion into utility and electrification markets.

ConTeras Industrial Group Acquires Performance Insulation Contractors

April 14, 2025

Industrial Services

ConTeras Industrial Group has acquired Performance Insulation Contractors (PIC), expanding ConTeras' footprint and soft-craft service capabilities across the Gulf Coast, particularly in Texas. PIC will continue to operate under its existing brand as an operating business unit within ConTeras alongside Incorp Industries and ECRS, providing enhanced resources and local expertise for industrial clients.

SEI Group Acquires Panhandle Building Materials and EnergyPro Insulation

July 2, 2024

Building Products

SEI Group LLC, a Quad‑C Management‑backed installer of insulation and specialty building products, acquired Panhandle Building Materials, Inc. (Pensacola, FL) and EnergyPro Insulation, Inc. (Grand Junction, CO). The acquisitions expand SEI’s footprint and service offering in residential new construction across Florida and western Colorado as part of its ongoing add-on rollup strategy.

Precision Products Group (Auxo) Acquires Cindus Corporation

January 27, 2025

Manufacturing

Precision Products Group (a portfolio company of Auxo Investment Partners) has acquired Cindus Corporation, a Cincinnati-based manufacturer of crepe paper used for electrical and industrial insulation. The add-on acquisition will expand PPG’s insulated-paper capabilities and support planned investments to increase production capacity to meet growing demand in the transformer and power-infrastructure markets.

KPS Capital Partners Acquires Porcelain Enamel and Glass Coatings Businesses from Prince International (PEMCO International)

March 16, 2022

Manufacturing

KPS Capital Partners agreed to acquire Prince International Corporation’s porcelain enamel, glass coatings, forehearth colorants and frit-based metallurgical products businesses and will form a standalone company called PEMCO International. The businesses operate three manufacturing facilities across Belgium, Italy and the United States, employ approximately 260 people, and the divestiture enables Prince to progress with its planned acquisition of Ferro Corporation.

HCPI Portfolio Company Prince Industries Acquires Precision Shapes

February 8, 2023

Manufacturing

Prince Industries, a portfolio company of HC Private Investments (HCPI), has acquired Precision Shapes, Inc. (PSI), an AS9100-certified precision machining and sheet metal fabrication firm located on Florida’s Space Coast. The add-on strengthens Prince’s aerospace and defense capabilities and expands the combined company’s national manufacturing footprint; terms were not disclosed.