Daystar Products Acquires Tuff Country with Support from Dubin Clark and Midwest Mezzanine

DPI Off-Road Brands Acquires JT's Parts and Accessories

March 26, 2021

Automotive

DPI Off-Road Brands (f/k/a Daystar Products International), a Phoenix-based automotive aftermarket parts platform backed by Dubin Clark, has acquired JT's Parts and Accessories, a differential and axle-focused parts manufacturer/distributor headquartered in Cashmere, Washington with a second facility in Atlanta, Georgia. The deal is the fifth add-on for DPI Off-Road since its partnership with Dubin Clark began in 2017 and expands DPI's product offering into differentials, axles and related drivetrain components.

Dubin Clark Acquires Astar Heating & Air; Midwest Mezzanine Provides Subordinated Financing

August 30, 2019

HVAC & Mechanical

Dubin Clark & Company, Inc. acquired Astar Heating & Air, LLC, a regional provider of HVAC replacement, maintenance and plumbing services serving more than 20,000 residential homeowners in New York’s lower Hudson Valley. Midwest Mezzanine provided subordinated debt and equity to support the transaction.

The Wheel Group (Wynnchurch Portfolio) Acquires Tuff Stuff Overland

February 8, 2021

E-Commerce

The Wheel Group (a portfolio company of Wynnchurch Capital) has acquired Tuff Stuff Overland, a Santa Ana–based direct-to-consumer e-commerce seller of overland/outdoor vehicle accessories. The acquisition expands TWG's product portfolio into rooftop tents, awnings and other overland gear to strengthen its presence in the truck, SUV and car enthusiast markets.

CST Utilities Acquires Daystar Directional Drilling

July 15, 2025

Infrastructure

CST Utilities, a portfolio company of MFG Partners, has acquired Noblesville, Indiana-based Daystar Directional Drilling effective July 15, 2025. The deal expands CST's Midwest footprint and service offerings in underground utility drilling; Daystar's founder Jerry Watson III will remain leading the Indiana operation and retain an ownership stake.

Maysteel Industries Acquires Star Precision Manufacturing, Inc.

January 16, 2024

Manufacturing

Maysteel Industries, a portfolio company of Littlejohn Capital, acquired Star Precision Manufacturing, a full-service sheet metal fabrication and precision machining firm in Frederick, Colorado. Patriot Capital provided subordinated debt financing in support of the add-on acquisition, which expands Maysteel's manufacturing capabilities and geographic footprint in the Mountain West.

TSG Consumer Partners Acquires Majority Stake in Rough Country from Gridiron Capital

July 29, 2021

Automotive

TSG Consumer Partners has signed a definitive agreement to acquire a majority stake in Rough Country from Gridiron Capital; financial terms were not disclosed. Gridiron and Rough Country management will remain significant investors and the company will continue to be led by its current management team as TSG looks to expand the brand's digital presence, product innovation and distribution.