Opta Group Acquires Anker Industries

Continuim Equity Partners Acquires Anker Industries

August 6, 2021

Manufacturing

Pittsburgh-based private equity firm Continuim Equity Partners has acquired Anker Industries, a metallurgical powders and aluminum-processing manufacturer headquartered just outside Pittsburgh. Rich Antonelli, Anker's president and former owner, will remain with the company as Continuim implements growth and operational initiatives to expand product offerings and pursue add-on acquisitions.

Opta Group (Speyside Equity) Acquires Metcan Industrial Corp.

November 1, 2021

Manufacturing

Opta Group LLC, a portfolio company of Speyside Equity, acquired Metcan Industrial Corporation on November 1, 2021. The acquisition adds manufacturing capacity and complementary synthetic-slag formulation capabilities with Metcan facilities in Stoney Creek, Ontario; Selkirk, Manitoba; and Adrian, Michigan.

Opta Group Acquires NuFlux LLC and Nupro Corporation

October 20, 2023

Manufacturing

Opta Group LLC, a portfolio company of Speyside Equity Advisers, acquired NuFlux LLC and Nupro Corporation on October 19, 2023. The acquisitions add engineered materials and metallurgical technology that expand Opta’s product and technology capabilities for steelmaking and foundry customers.

Opta Group LP Acquires Performix Metallurgical Additives, LLC

April 1, 2024

Manufacturing

Opta Group LP, a portfolio company of Speyside Equity Advisers, acquired Performix Metallurgical Additives, LLC effective April 1, 2024. Performix, which operates plants in Warren, Ohio and East Chicago, Indiana, supplies metallurgical additives to the steel and foundry industries; the acquisition expands Opta's performance materials and specialty chemicals platform and strengthens its molten solutions and supply chain capabilities.

Aurora Capital Partners Acquires Anova

January 24, 2026

Industrial Services

Aurora Capital Partners has acquired Anova, a global Industrial Internet of Things (IIoT) provider that offers hardware, managed connectivity and cloud software to monitor and manage industrial assets. Anova — which monitors more than 1.8 million assets for over 2,000 customers across 80+ countries — will remain led by its current management while Aurora plans to support product investment, international expansion and add-on M&A to grow the platform; Summit Partners is reported as the seller.

Aterian Investment Partners Acquires ATCO Industries, Inc.

May 24, 2022

Industrial Services

Aterian Investment Partners, a New York-based private equity firm, has acquired ATCO Industries, Inc., a Sterling Heights, Michigan provider of tech-enabled testing, measurement and quality containment services for the North American automotive industry. Stellus Capital Management and LBC Credit Partners provided financing for the transaction; advisors included Kirkland & Ellis, William Blair, Deloitte Corporate Finance and Honigman LLP.