Hanover Investors Acquires Llanelec Precision Engineering

Hanover Investors Acquires Fairline Yachts

June 14, 2021

Manufacturing

Hanover Investors has acquired British luxury motor yacht builder Fairline Yachts via its Hanover Active Equity Fund II for an undisclosed sum. Hanover said it will back Fairline’s management to accelerate international expansion and unlock additional growth across its global dealer network.

Karnell Group Acquires NE Engineering Ltd

July 12, 2024

Manufacturing

Karnell Group AB (publ) has acquired a 90.1% stake in NE Engineering Ltd, a Norwich-based precision engineering company specializing in CNC milling and turning. The acquisition expands Karnell's Niche Production business area, with NE's founders retaining 9.9% and an earnout tied to 2024–2025 performance; Karnell cited technical capability and cross-sell potential with its existing UK assets as drivers of the deal.

Pelican Energy Partners Acquires Lancs Industries

January 13, 2025

Energy

Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.

Boulden Holdings, LLC Acquires Ace Precision Industries, Inc.

November 11, 2025

Manufacturing

Boulden Holdings, LLC, a portfolio company of Edgewater Growth Capital Partners V, L.P., has acquired Ace Precision Industries, Inc., a family-owned precision machining business based in Akron, Ohio. The acquisition adds precision machining and hydrodynamic bearing capabilities to Boulden's wear-components platform, increasing capacity and creating cross-selling opportunities across aerospace, medical and transit end markets.

Prince Industries Acquires Keystone Precision & Engineering

September 4, 2024

Manufacturing

Prince Industries, a portfolio company of HC Private Investments, has acquired Keystone Precision & Engineering, a Pepperell, Massachusetts-based precision machining and assembly business. The add-on expands Prince's production capabilities and East Coast presence, strengthening its footprint in the aerospace, defense and medical end-markets; transaction terms were not disclosed.

Leadec Acquires Elmleigh Electrical Systems Limited

September 30, 2022

Industrial Services

Leadec, a Triton Fund IV portfolio company, has acquired Elmleigh Electrical Systems Limited, a UK-based process automation specialist and systems integrator, effective September 30, 2022. The deal expands Leadec’s automation and systems-integration capabilities in Europe, strengthening its presence in the food & beverage and parcel distribution end markets.