Gridiron Capital Acquires Magneto & Diesel (M&D) from Warren Equity Partners

Warren Equity Partners Acquires Majority Interest in M&D Distributors

January 8, 2019

Industrial Services

Warren Equity Partners acquired a majority interest in Magneto & Diesel Injector Service, Inc. (“M&D Distributors”) from the Ingram family, who rolled a portion of their equity and will remain involved on the board. M&D, based in Humble, Texas, is an aftermarket distributor and rebuilder of diesel engine parts serving commercial trucking and industrial equipment markets; Warren Equity will support the company’s next phase of growth. Financial terms were not disclosed.

M&D Distributors Acquires Turbo Diesel & Electric

April 21, 2023

Automotive

M&D Distributors has acquired Turbo Diesel & Electric (Turbo Diesel & Electrical Systems), a family-run diesel parts remanufacturer and distributor with six branch locations. The deal expands M&D’s branch footprint into Georgia, Florida, Alabama, and South Carolina and increases its remanufacturing and distribution capabilities in high-horsepower, marine and industrial off-road markets.

M&D Acquires DSS ProDiesel Partners, LLC (ProDiesel)

December 16, 2024

Industrial Services

M&D, a U.S.-based aftermarket diesel parts distributor and remanufacturer, has acquired DSS ProDiesel Partners, LLC (ProDiesel), a fuel injector remanufacturer for Class 7 and 8 engines. The deal adds two Tennessee branches (Nashville and Johnson City), expands M&D's national footprint and strengthens its fuel-injection remanufacturing capabilities across North America.

Macquarie Asset Management Acquires Majority Stake in DynaGrid Holdings

February 20, 2025

Engineering Services

Macquarie Asset Management has acquired a majority stake in DynaGrid Holdings, LLC, a Dallas‑headquartered provider of transmission and substation construction, maintenance and upgrade services for U.S. electric utilities. The deal is the first investment for Macquarie Asset Management's new buyout strategy focused on high-quality businesses serving infrastructure end markets and will be led by Andrew Olinick.

Dealer Tire Acquires Dent Wizard from Gridiron Capital

February 6, 2020

Automotive

Dealer Tire, backed by majority shareholder Bain Capital, has acquired Dent Wizard — North America's largest provider of automotive reconditioning services — from Gridiron Capital. Gridiron will reinvest alongside Bain, the Mueller family and Dent Wizard's management in the combined Dealer Tire / Dent Wizard aftermarket dealer services platform; financial terms were not disclosed.

Allied Industrial Partners Announces Strategic Investment in Pride Dynamo

June 17, 2025

Energy

Allied Industrial Partners, a Houston-based industrial-focused private equity firm, has made a strategic growth investment in Pride Dynamo, a Texas-headquartered provider of mission-critical distributed power solutions. The founders, Bill and Nicholas Wood, will remain meaningfully invested as Pride uses the capital to scale operations and expand across industrial, energy infrastructure, utility, and data center end markets; terms were not disclosed.