AMECO Acquires F&M MAFCO

One Equity Partners Acquires AMECO North America from Fluor

May 4, 2021

Industrial Services

One Equity Partners agreed to acquire the North American operations of AMECO from Fluor Corporation for $73 million. Headquartered in Greenville, South Carolina, AMECO provides construction equipment, scaffolding, small-tools management and site services; OEP will operate AMECO as an independent company and has partnered with industry veteran Gary Bernardez as CEO to grow the business.

One Equity Partners to Acquire Fortaco Group from CapMan Buyout

July 8, 2022

Manufacturing

One Equity Partners has agreed to acquire Fortaco Group from funds managed by CapMan Buyout. The private equity buyer said it will support Fortaco’s development of its manufacturing and assembly offerings and pursue further international expansion across off-highway equipment and marine end markets. Closing is subject to regulatory approvals and customary conditions, expected in H2 2022.

Fulton Asset Management Acquires AFCO Industries

August 25, 2025

Building Products

Fulton Asset Management, a family-backed investment platform based in Chicago, has acquired AFCO Industries, Inc., a vertically integrated U.S. manufacturer of aluminum, fiberglass, vinyl, and composite building products and a provider of CNC metal fabrication and contract manufacturing services headquartered in Alexandria, Louisiana. AFCO's existing leadership will remain in place; Fulton said the deal expands its industrial portfolio and reflects a long-term commitment to U.S. manufacturing.

GSC Technologies Acquires F&M Tool and Plastic (Bolt-on)

June 9, 2025

Manufacturing

GSC Technologies, Inc. has completed a bolt-on acquisition of F&M Tool and Plastic, Inc., adding F&M’s home storage assortment and injection-molding capabilities to the GSC platform. The deal — executed by GSC (a Speyside-backed platform) — is intended to drive synergies, broaden product assortment, and accelerate growth for the combined business.

AFC Industries Acquires QFC Industries

April 25, 2023

Industrial Services

AFC Industries has acquired QFC Industries, a fastener distributor headquartered in Arlington, Texas. The add-on deal (terms undisclosed) expands AFC’s geographic presence in the South and West, deepens its distribution and VMI capabilities, and brings QFC’s team and two distribution centers into AFC’s platform backed by Bertram Capital.

American Equipment Holdings Acquires Facilities Engineering (and FP Fabrication)

January 13, 2022

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Facilities Engineering, a 50+-year provider of overhead crane systems and MRO field services headquartered in Anaheim, California. The transaction (which also included FP Fabrication, a former Demag facility) expands American Equipment's MRO field services footprint and new equipment/fabrication capabilities across the Western and Southwestern United States.