Martins Industries Acquires ABC American Balancing Corp

Walter Capital Partners Takes Major Stake in MARTINS Industries

September 5, 2024

Manufacturing

Walter Capital Partners has become a major shareholder in MARTINS Industries, a Farnham, Quebec–based global provider of tire and wheel equipment and supplies. The investment is intended to support MARTINS’ acquisition-led international growth strategy—particularly in the United States and Europe—and accelerate the company’s M&A program and product/distribution expansion.

Palmetto Air & Water Balance Acquires Air Balancing Company, Inc.

July 30, 2023

HVAC & Mechanical

Palmetto Air & Water Balance has merged the operations of Air Balancing Company, Inc. (ABC) into its platform, creating Palmetto Air & Water Balance – Texas to serve Abilene, Fort Worth and Lubbock. The add-on was executed while Palmetto is a Sunny River Management portfolio company, with financing provided by Deerpath Capital Management; terms were not disclosed.

ABC Technologies Acquires dlhBOWLES from MPE Partners

March 7, 2022

Manufacturing

ABC Technologies Holdings Inc. completed the acquisition of dlhBOWLES, Inc. from MPE Partners for approximately US$255 million. The deal expands ABC's Fluid Management product portfolio and process automation capabilities, strengthening its position in washer systems, ADAS cleaning solutions and EV thermal management for automotive OEMs.

ABC Technologies Acquires TI Fluid Systems to Create TI Automotive

April 19, 2025

Automotive

ABC Technologies completed its acquisition of TI Fluid Systems plc for an enterprise value of over £1.8 billion and the combined business will rebrand as TI Automotive. The deal creates a larger, propulsion‑agnostic Tier 1 supplier with combined pro forma revenue of $5.4 billion and ~34,600 employees, and the combined business will be majority owned by funds affiliated with Apollo Global Management with Oaktree Capital holding a minority interest.

Sunbelt Rentals Acquires ABC Equipment Rental

May 12, 2024

Industrial Services

Sunbelt Rentals (Fort Mill, S.C.) has acquired ABC Equipment Rental, a multibranch independent equipment rental provider serving the Baltimore and Washington, D.C. markets. Catalyst Strategic Advisors served as exclusive transaction advisor to ABC Equipment Rental; the deal expands Sunbelt's local footprint and equipment fleet in the mid-Atlantic.

ABC Technologies Acquires Majority Interest in Karl Etzel GmbH

March 4, 2022

Manufacturing

ABC Technologies Holdings Inc. completed the acquisition of a majority interest in Karl Etzel GmbH from the Schürrle family for approximately US$95 million. Karl Etzel, an injection-molding tier-1/2 supplier based in Mühlacker, Germany, will expand ABC's European product suite and provide greater diversification into German-based global OEM customers.