Valero Capital Partners Acquires Vacuum Instruments Corporation

PowerVac of Michigan Completes Majority Recapitalization of The Precision Group

May 18, 2023

Environmental Services

PowerVac of Michigan, a portfolio company of Pillsman Partners and Peninsula Capital Partners, has completed a majority recapitalization of The Precision Group, an environmental and infrastructure services provider headquartered in Schenectady, New York. The deal brings together Precision’s industrial cleaning, trenchless pipe rehabilitation and hazardous‑waste capabilities with PowerVac’s platform to expand geographic reach and service offerings across regional municipal, commercial and industrial markets. Auctus Capital Partners acted as exclusive advisor to The Precision Group.

Pritzker Private Capital Acquires Valicor Environmental Services from Wind Point Partners

July 10, 2019

Environmental Services

Pritzker Private Capital has entered into a definitive agreement to acquire Valicor Environmental Services from Wind Point Partners. Valicor, based in Monroe, Ohio, is a leading North American provider of non-hazardous wastewater treatment and related liquid-waste services serving over 5,000 customers; management will remain in place and the deal was expected to close in July 2019.

Gallant Capital Partners Acquires Pro-Vac from RLJ Equity Partners

April 6, 2022

Industrial Services

Gallant Capital Partners has acquired Pro-Vac, a Puyallup, Washington–based provider of subsurface infrastructure services, from RLJ Equity Partners. Gallant said it will invest in the business to expand services, equipment and pursue organic growth and strategic acquisitions to accelerate revenue and geographic reach.

Ara Partners Acquires Vacuumschmelze

October 10, 2023

Manufacturing

Ara Partners, a private equity firm focused on industrial decarbonization, has acquired Vacuumschmelze (VAC), a leading global producer of advanced magnetic materials and rare-earth permanent magnets, from funds managed by Apollo. The deal will support VAC's expansion of manufacturing capabilities — including planned North American capacity for EV-grade permanent magnets — to serve automotive, renewable energy and industrial customers.

Charger Investment Partners Acquires Versa-Drill

July 1, 2025

Manufacturing

Charger Investment Partners has partnered with Versa-Drill's management to acquire the Indianapolis-based manufacturer of mid-sized drilling rigs. Charger will provide growth capital to accelerate new product development and expand aftermarket parts and service offerings while founder and management retain significant ownership.

Airtech Group Acquires Champion Valves and Valve & Pump Specialties

August 1, 2019

Manufacturing

Airtech Group, a PE-backed manufacturer of specialty blowers, vacuums, pumps and valves, acquired Champion Valves Inc. and Valve & Pump Specialties, Inc. from founders Gary and Linda Spangler. The deal adds Champion's check and butterfly valve product line to Airtech's US Valve division, expanding its valve portfolio and end-market reach.