Cerberus Capital Management Acquires Stanadyne LLC

Atlantic Jet Partners Acquires Aerodyne Corp.

June 13, 2024

Aerospace & Defense

Atlantic Jet Partners has acquired Aerodyne Corp., a Stuart, Florida-based specialist in private jet turbine engine repair and maintenance. The deal expands Atlantic Jet Partners' aircraft engine maintenance and MRO capabilities to support its integrated aviation services offering.

Wellspring Capital Management Acquires Cadence Petroleum Group

October 8, 2020

Transportation

Wellspring Capital Management partnered with Cadence Petroleum Group's management to acquire Cadence, a distributor of lubricants, fuels and related products across the eastern and central United States. Tenex Capital Management exited its ownership of Cadence; Wellspring said the investment will be used to accelerate growth through add-on acquisitions and organic initiatives. Financial terms were not disclosed.

H.I.G. Capital Acquires STS Aviation Group from Greenbriar Equity Group

October 8, 2024

Aerospace & Defense

An affiliate of H.I.G. Capital has completed a strategic equity acquisition of STS Aviation Group from Greenbriar Equity Group. STS’s executive team will remain in place and as significant shareholders while H.I.G. positions the business for global expansion, capability growth, and potential add-on acquisitions in the aviation MRO and parts-distribution market.

Stellex Capital Management Acquires Crest Ultrasonics

October 3, 2025

Manufacturing

Stellex Capital Management, a New York-based private equity firm, has acquired Crest Ultrasonics, a global manufacturer of ultrasonic cleaning and welding equipment with operations in the United States, Europe and Asia. Stellex said it will partner with Crest's management to drive operational improvements, accelerate growth initiatives and expand the company's global footprint; terms were not disclosed.

TransDigm Acquires Stellant Systems from Arlington Capital for $960 Million

January 14, 2026

Aerospace & Defense

TransDigm Group Incorporated has acquired Stellant Systems Inc., a portfolio company of Arlington Capital Partners, for approximately $960 million in cash. Stellant, headquartered in Torrance, California, manufactures high‑power electronic components for defense, space, medical and industrial markets and employs roughly 950 people, with expected 2025 revenue of about $300 million.

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.