CORE Industrial Partners Acquires Kelvix

Kade Ventures Acquires GleamXLights

July 20, 2023

Manufacturing

Kade Ventures, a private equity firm, has acquired GleamXLights, a B2B LED lighting brand founded in 2014 and operating manufacturing in Delaware. The deal is intended to scale GleamXLights' global reach, strengthen its supply chain and marketing capabilities, and accelerate growth across commercial and industrial lighting markets.

Arcline Investment Management Acquires CoreDux from Silverfleet Capital

January 4, 2022

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has agreed to acquire CoreDux, a Netherlands-based vertically integrated manufacturer of ultra-high purity flexible gas and fluid conveyance components and systems, from Silverfleet Capital. The deal, subject to customary regulatory approvals and work-council consultations, positions CoreDux to pursue its next phase of growth serving semiconductor, aerospace and clean mobility end markets.

CORE Industrial Partners Makes Majority Growth Investment in Winky Lux

July 30, 2024

Consumer Products

CORE Industrial Partners has made a majority growth investment in beauty brand Winky Lux to support the company's expansion across digital and brick-and-mortar channels; terms were not disclosed. The Winky Lux management team, including CEO and co-founders, will remain in place and the company has added two industry veterans to its board, with Raymond James advising CORE.

Paceline Affiliate Provides $50 Million Investment to Kelso Industries

November 27, 2023

HVAC & Mechanical

An affiliate of Paceline Equity Partners has provided a $50 million investment to Kelso Industries, a portfolio company of Oxbow Equity Partners and Peterson Partners. The capital will be used by Kelso to fund acquisitions of complementary HVACR and mechanical building services businesses as it pursues inorganic growth. Kelso provides installation and maintenance services for HVACR, plumbing and process piping systems and is based in Phoenix, Arizona.

The Clarke Companies Acquires Covex, LLC

January 9, 2020

Professional Services

The Clarke Companies, backed by Lightview Capital, has acquired Covex, LLC to integrate enterprise IT validation and compliance capabilities with Clarke's manufacturing automation and validation services. The add-on expands Clarke's geographic footprint into the Northeast and Southeast and strengthens its ability to serve FDA‑regulated life sciences customers.

CORE-backed Saylite Acquires Vantage Lighting

January 4, 2023

Building Products

Saylite, a CORE Industrial Partners portfolio company, has acquired Vantage Lighting, a U.S.-based manufacturer of specification-grade LED downlights, cylinders and high bays. The add-on expands Saylite's product portfolio and domestic manufacturing capabilities—strengthening Vantage's vHealth healthcare lighting offering and supporting Buy American requirements. The deal closed at the end of 2022; terms were not disclosed.