ABC Technologies Acquires TI Fluid Systems to Create TI Automotive

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.

TI Fluid Systems Acquires Cascade Engineering Europe from Cascade Engineering, Inc.

November 9, 2023

Automotive

TI Fluid Systems has acquired Cascade Engineering Europe (CEE), the Budapest‑based plastics and thermal fluid connector business, from Cascade Engineering, Inc. CEE — a designer and manufacturer of complex injection‑molded automotive thermal fluid connectors with ~300 employees — will be integrated into TI Fluid Systems to expand its thermal connector capabilities and support growth in electric vehicle applications. Angle Advisors acted as exclusive M&A advisor to Cascade Engineering in the transaction.

Applied Industrial Technologies Acquires Hydradyne, LLC

November 22, 2024

Industrial Services

Applied Industrial Technologies has signed a definitive agreement to acquire Hydradyne, a leading U.S. fluid power and motion control distributor. The acquisition expands Applied’s Engineered Solutions capabilities and Southeastern U.S. footprint; Hydradyne’s ~500 associates across 33 locations are expected to contribute about $260 million in sales and $30 million in EBITDA before synergies.

Apollo Funds to Acquire Tenneco for $7.1 Billion

February 23, 2022

Manufacturing

Funds managed by affiliates of Apollo Global Management will acquire automotive parts manufacturer Tenneco in an all-cash transaction valuing the company at approximately $7.1 billion including debt. Tenneco shareholders will receive $20.00 per share (a roughly 100% premium), and the company will be taken private to allow Apollo to invest in its product categories and global operations.

AURELIUS Acquires Teijin Automotive Technologies North America

March 31, 2025

Automotive

AURELIUS Private Equity Mid‑Market Buyout has acquired Teijin Automotive Technologies North America (TAT‑NA) from Japanese parent Teijin Limited. Headquartered in Auburn Hills, Michigan, TAT‑NA is a leading manufacturer of advanced composite components for automotive, heavy truck, marine and recreational vehicle markets; the business employs ~4,500 people across 14 sites in the US and Mexico and generates over $1 billion in annual revenue.

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.