Royal Power Solutions Acquires Business Assets from Wieland Rolled Products North America

Eaton Acquires Royal Power Solutions from Industrial Growth Partners

January 5, 2022

Manufacturing

Eaton has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components, from Industrial Growth Partners for $600 million. The acquisition strengthens Eaton's position in electrification end markets (e.g., eMobility, energy management and industrial markets) and adds manufacturing capacity and product capabilities.

Power Grid Components Acquires Royal Switchgear Manufacturing

January 13, 2020

Manufacturing

Power Grid Components, a platform formed by Shorehill Capital and industry veteran Rick McClure, completed the acquisition of Royal Switchgear Manufacturing Company, Inc. in December 2019. The deal expands Power Grid's product offering into high-voltage switchgear and power connectors; Joe Carton became President of Royal and joined Power Grid's board. Financing was provided by Antares Capital, Maranon Capital and Fidus Investment Corporation.

Integrated Power Services Acquires Assets of Swiger Coil Systems from Wabtec Corporation

April 12, 2024

Manufacturing

Integrated Power Services (IPS) has acquired the assets of Swiger Coil Systems from Wabtec Corporation, adding Swiger's Cleveland manufacturing facility and coil/traction motor remanufacturing capabilities to IPS's North American service network. The acquisition expands IPS's manufacturing and repair capabilities for electric coils and traction motors, increasing its traction motor service network and supporting customers across transportation, mining and power-generation markets. Financial terms were not disclosed.

Rehlko Acquires The Wilmott Group

August 4, 2025

Energy

Rehlko has completed the acquisition of The Wilmott Group, a U.K.-based supplier of critical back-up power solutions, to expand its EMEA operations. The deal integrates WB Power Services and Wiltech Acoustics into Rehlko, strengthening the company's engineering, manufacturing and service capabilities to better serve data centers, healthcare, education and other mission-critical sectors across the region.

Heartwood Partners Invests in Royal Products

April 12, 2024

Manufacturing

Heartwood Partners made a growth investment in Royal Products, a Hauppauge, New York-based manufacturer and distributor of metalworking performance accessories, on April 12, 2024. Management will remain in place while Heartwood plans to support the company’s expansion through investments in people, processes and strategic add-on acquisitions; Lincoln International and Carl Marks Advisors served as financial advisors.

R/W Specialties Acquires Assets of America Building Products

December 29, 2021

Building Products

R/W Specialties, a portfolio company of Strength Capital Partners, completed the purchase of assets and merged operations of America Building Products (ABP). The acquisition expands RW's specialty building-products distribution footprint by adding ABP's millwork, pre-hung door capabilities and product offerings across the Midwest, enabling operational synergies and broader service coverage.