HKW Acquires Infab, LLC

Infab (HKW Portfolio) Acquires Glove Division of International Biomedical, Ltd.

April 20, 2022

Medical Devices

Infab, a portfolio company of private equity firm HKW, has acquired the glove division of International Biomedical, Ltd. as an add-on to expand Infab's radiation-protection product offering and customer base; financial terms were not disclosed. The acquisition brings a complementary radiation-protection glove product line into Infab's PPE portfolio to better serve hospitals and imaging/surgical customers.

Infab Corporation (HKW Portfolio) Acquires MediDrapes, Inc.

January 7, 2021

Medical Devices

Infab Corporation, an HKW-backed provider of radiation protection PPE, has acquired MediDrapes, Inc., a maker of sterile disposable protective drapes for medical imaging equipment. The add-on deal expands Infab’s product offering and provides additional direct access to hospitals and health systems; financial terms were not disclosed.

HKW Recapitalizes AliMed Inc.

August 4, 2025

Medical Devices

HKW, a middle-market private equity firm, has partnered with the Cherubini family to recapitalize AliMed Inc., a Dedham, Massachusetts-based manufacturer and distributor of medical products. The recapitalization will support AliMed's organic growth and enable the company to pursue acquisitions and further develop its digital and manufacturing capabilities.

HKW Acquires Technical Toolboxes Powertools, Inc.

January 6, 2022

Cloud & SaaS

HKW, a middle-market private equity firm, has acquired Technical Toolboxes Powertools, Inc., a Houston-based provider of cloud-based analytics and compliance-oriented software for pipeline operators and related engineering and inspection firms. The acquisition will support growth and product development to expand the company's role in midstream pipeline risk management and operational efficiency; financial terms were not disclosed.

HKW Acquires Sepratech Liquid Solutions

July 14, 2025

Industrial Services

HKW, a middle-market private equity firm based in Indianapolis, has acquired Sepratech Liquid Solutions, an industrial water and wastewater treatment services provider headquartered in Gonzales, Louisiana. HKW said the acquisition will support Sepratech’s growth initiatives across marketing, sales and operations while maintaining the company’s regulatory, safety and environmental standards.

Gear Wash Acquires Advanced PPE

February 6, 2025

Industrial Services

Gear Wash has acquired Ventura, California-based Advanced PPE, a firefighter-owned independent service provider known for NFPA 1851-compliant cleaning, inspection and repair programs. The deal expands Gear Wash's West Coast footprint and strengthens its ability to serve municipal fire departments and other first responder customers with NFPA 1851-certified PPE care.