Caterpillar Acquires RPMGlobal Holdings Limited

FleetPride Acquires RPM Truck Repair

June 6, 2023

Trucking & Fleet

FleetPride, Inc. has acquired the assets of RPM Truck Repair, a provider of truck maintenance and repair with locations in Effingham and Mount Vernon, Illinois. The deal expands FleetPride’s service footprint and capabilities in central and southern Illinois, integrating RPM’s technicians and locations into FleetPride’s national parts and service network.

Arcline Investment Management Acquires Rotating Machinery Services, Inc.

January 9, 2025

Industrial Services

Arcline Investment Management, a growth-oriented private equity firm, has acquired Rotating Machinery Services, Inc. (RMS), an OEM and leading third-party provider of parts, repair, engineering, metrology and maintenance services for turbomachinery. RMS is headquartered in Bethlehem, Pennsylvania, operates nine facilities, and will partner with Arcline and its management team to pursue growth in aftermarket turbomachinery services.

RPM International Acquires TMP Convert SAS (TMPC)

October 31, 2024

Building Products

RPM International Inc. acquired TMP Convert SAS (TMPC), a France-based manufacturer of outdoor decking and landscaping products, to integrate into its Fibergrate Structures business within the Performance Coatings Group. TMPC, known for the JOUPLAST and OCAPE brands and based in Simandre-sur-Suran, France, has annual net sales of approximately €35 million; terms were not disclosed and Thierry Convert will remain president.

Trive Capital and Bluejay Capital Acquire RPM Freight Systems

August 14, 2024

Transportation

Dallas-based private equity firm Trive Capital and Denver-based Bluejay Capital Partners have completed an investment to acquire RPM Freight Systems, an asset-light, technology-driven finished vehicle logistics provider headquartered in Royal Oak, Michigan. Gladstone Capital provided a junior debt facility to support the transaction; the new ownership plans to invest in RPM's technology and service capabilities to accelerate growth across North America and Europe.

RPM Freight Systems Acquires Professional Automotive Relocation Services (PARS)

December 9, 2025

Logistics & Distribution

RPM Freight Systems has acquired Professional Automotive Relocation Services (PARS), combining RPM's finished-vehicle logistics platform with PARS' fleet relocation and lifecycle services. The deal, backed by RPM investors Trive Capital and Bluejay Capital, expands RPM's service portfolio to include driveaway, vehicle storage, titling and registration; terms were not disclosed.

Accel-KKR Acquires Majority Stake in INX Software

July 24, 2024

Cloud & SaaS

Accel-KKR has acquired a majority ownership position in Perth-based INX Software through a significant equity investment, with management remaining an investor. The partnership will support INX's global expansion and further development of its workforce, compliance, training and reporting SaaS solutions used across mining, manufacturing, health and government sectors.