Modineer Acquires Pulverman

Modineer Acquires P-K Tool & Manufacturing

January 31, 2020

Manufacturing

Modineer Co., Inc., a Modineer Group company owned by Hall Capital and Westbourne Capital Partners, acquired P-K Tool & Manufacturing, a 75-year-old, family-owned precision metal components manufacturer based in Chicago, effective January 31, 2020. Terms were not disclosed; the deal is an add-on to Modineer intended to expand manufacturing capabilities and enter new end markets including power sports and additional automotive segments.

CW Industrial Partners Acquires Mantaline Corporation

March 12, 2024

Manufacturing

Cleveland-based private equity firm CW Industrial Partners completed its acquisition of Mantaline Corporation on March 1, 2024, marking CWI's first platform investment of 2024. Mantaline, a Mantua, Ohio-headquartered manufacturer of extruded elastomeric products serving automotive, heavy truck and industrial markets, transitioned from ESOP ownership and will be supported by CWI and financing from PNC Mezzanine Capital and Premier Bank to pursue growth and capability expansion.

PMA Industries Acquires United Western Enterprises

November 15, 2023

Manufacturing

PMA Industries, a portfolio company of Ancor Capital Partners, has acquired United Western Enterprises, a Camarillo, California-based contract manufacturer specializing in photochemical etching and related value‑added services. The add-on expands PMA's photochemical etching capabilities and broadens its service offering to aerospace, defense, electronics and medical end markets; terms were not disclosed.

Regent Acquires Three Modine Automotive Businesses in Germany

September 6, 2023

Automotive

Modine has signed a definitive agreement to sell three of its German automotive businesses (located in Neuenkirchen, Pliezhausen and Wackersdorf) to affiliates of Regent, L.P. The businesses manufacture exhaust gas recirculation (EGR) coolers, radiators and charge air cooler modules and generated combined FY2023 revenue of $80–$90 million; the sale is part of Modine's strategy to focus on higher-margin technologies and is expected to close pending regulatory approval.

Cooper Machinery Services Acquires Plant Process Machine Works (PPMW)

July 11, 2025

Industrial Services

Cooper Machinery Services, a Houston-based provider of compression equipment and services, acquired Plant Process Machine Works (PPMW), a reciprocating compressor service and engineering firm formerly owned by Rotating Machinery Services, Inc. The acquisition expands Cooper’s reciprocating compression capabilities and strengthens its aftermarket repair, engineering, and field support offerings for OEM and non-OEM equipment.

Duravant Acquires PPM Technologies from Stonehenge Partners

July 24, 2023

Manufacturing

Duravant LLC, a global engineered equipment and automation solutions provider, has acquired PPM Technologies from Stonehenge Partners. The acquisition adds PPM’s conveying, coating, and thermal food-processing equipment to Duravant’s portfolio — complementing Key Technology and enhancing Duravant’s ability to offer turnkey, integrated processing lines and expanded aftermarket services.