Lion Equity Partners Acquires Custom Tube Products, Inc.

Lion Equity Partners Acquires Elkhart Tri-Went Industrial

February 4, 2022

Manufacturing

Lion Equity Partners’ affiliate, Lion Equity Holdings II, LLC, has acquired Elkhart Tri-Went Industrial (ETI) from Netherlands-based Aalberts N.V. ETI is a specialized manufacturer of extruded aluminum components and fabricated copper tube products serving OEM end markets; Lion Equity said it will invest in capital equipment, workforce growth and pursue organic growth and strategic add-on acquisitions to expand ETI.

Cogenuity Partners Acquires Tech Tube and Tube Methods

July 10, 2025

Manufacturing

Cogenuity Partners acquired Tech Tube, Inc. and Tube Methods, Inc., two Pennsylvania-based manufacturers of small-diameter metallic tubing serving aerospace & defense, medical, power generation and industrial end markets. Cogenuity will partner with existing management (Brian and Kevin Johnson retain substantial ownership) and deploy its Collaborative Operations program and capital to accelerate growth.

Tube Bending Technology (Washington Equity Partners) Acquires Creative Pathways, Inc.

November 6, 2023

Manufacturing

Tube Bending Technology, a portfolio company of Washington Equity Partners, has acquired Creative Pathways, Inc., a Torrance, California-based manufacturer of aerospace tube and duct assemblies. Creative Pathways will operate as a wholly owned subsidiary, with existing leadership remaining in place; the acquisition expands Tube Bending's in-house capabilities (welding, orbital tube welding, precision machining, clean room) and strengthens its aerospace, defense, space and semiconductor supply-chain footprint.

Tube Bending Technology Acquires Scarrott Metallurgical Company

March 27, 2024

Manufacturing

Washington Equity Partners’ portfolio company Tube Bending Technology has acquired Scarrott Metallurgical Company, a Los Angeles-based vacuum brazing and heat-treating specialist serving aerospace, defense and space customers. The add-on expands Tube Bending’s vertically integrated manufacturing capabilities (AS9100 and NADCAP certified) and enables greater in‑house production of tube and duct assemblies.

Olympic Steel Acquires Central Tube & Bar

October 2, 2023

Manufacturing

Olympic Steel Inc. (Nasdaq: ZEUS) has acquired Central Tube & Bar (CTB) in an all-cash, immediately accretive purchase; terms were not disclosed. CTB, founded in 1996 with facilities in Conway, Arkansas and Tulsa, Oklahoma and trailing 12-month revenue of approximately $40 million, expands Olympic Steel's tubular and pipe products segment and value-added contract manufacturing capabilities in the Mid-South.

Crest Rock Partners Invests in Specialty Pipe & Tube

January 9, 2024

Industrial Services

Crest Rock Partners, a Denver-based private equity firm, has made a control investment in Specialty Pipe & Tube (SPT), a value-added supplier of large-diameter, heavy-wall seamless pipe and tubing with locations in Mineral Ridge, Ohio and Houston, Texas. Crest Rock said it will partner with SPT's management to pursue growth opportunities, leveraging the company's broad inventory, technical expertise, and customer relationships.