Modineer Acquires P-K Tool & Manufacturing

Modineer Acquires Pulverman

February 24, 2022

Manufacturing

Modineer Co., Inc., a Modineer Group company owned by Hall Capital and Westbourne Capital Partners, has acquired Pulverman (a Pennmark Technologies company), a Dallas, Pennsylvania-based ISO/IATF-certified metal fabricator serving heavy/medium truck, commercial vehicle and off-highway markets. The acquisition is an add-on to Modineer's platform to expand metal fabrication and high-compliance finishing capabilities; Angle Advisors served as Pulverman's financial advisor.

Prince Industries Acquires Keystone Precision & Engineering

September 4, 2024

Manufacturing

Prince Industries, a portfolio company of HC Private Investments, has acquired Keystone Precision & Engineering, a Pepperell, Massachusetts-based precision machining and assembly business. The add-on expands Prince's production capabilities and East Coast presence, strengthening its footprint in the aerospace, defense and medical end-markets; transaction terms were not disclosed.

Regent Acquires Three Modine Automotive Businesses in Germany

September 6, 2023

Automotive

Modine has signed a definitive agreement to sell three of its German automotive businesses (located in Neuenkirchen, Pliezhausen and Wackersdorf) to affiliates of Regent, L.P. The businesses manufacture exhaust gas recirculation (EGR) coolers, radiators and charge air cooler modules and generated combined FY2023 revenue of $80–$90 million; the sale is part of Modine's strategy to focus on higher-margin technologies and is expected to close pending regulatory approval.

PMA Industries Acquires United Western Enterprises

November 15, 2023

Manufacturing

PMA Industries, a portfolio company of Ancor Capital Partners, has acquired United Western Enterprises, a Camarillo, California-based contract manufacturer specializing in photochemical etching and related value‑added services. The add-on expands PMA's photochemical etching capabilities and broadens its service offering to aerospace, defense, electronics and medical end markets; terms were not disclosed.

DC Capital Partners Acquires Control Stake in PK Companies Group

September 26, 2024

Industrial Services

DC Capital Partners has made a control investment in PK Companies Group, LLC, with PK founders Brian and Kenny Turpin reinvesting equity. The partnership will fund PK's expansion across geographies, markets and capabilities, supporting investments in equipment, new facilities and growth of its tech-enabled inspection, maintenance and specialty services.

Prince & Izant Acquires Peltier Mfg.

October 7, 2022

Manufacturing

Prince & Izant, LLC (P&I), a Cleveland-based provider of engineered metal alloys and precision materials, acquired the assets of Peltier Mfg., Inc. on October 7, 2022. The add-on purchase—by P&I, which is PE-backed by Industrial Growth Partners (IGP)—expands P&I’s product portfolio and manufacturing capabilities in precision metal preforms and microstampings for aerospace, medical, electronics and other industrial end markets.