ABC Technologies Acquires Majority Interest in Karl Etzel GmbH

Karl Bachl (BACHL) Acquires Hammerl GmbH from AURELIUS Equity Opportunities

August 2, 2022

Building Products

Karl Bachl GmbH & Co KG (BACHL) has acquired Hammerl GmbH, a German manufacturer of blown films and dimpled mats, from AURELIUS Equity Opportunities. The deal transfers Hammerl's production capabilities — including an in-house recycling plant and a full range of construction films — to BACHL to strengthen its product offering across Europe; financial terms were not disclosed.

ABC Technologies Acquires dlhBOWLES from MPE Partners

March 7, 2022

Manufacturing

ABC Technologies Holdings Inc. completed the acquisition of dlhBOWLES, Inc. from MPE Partners for approximately US$255 million. The deal expands ABC's Fluid Management product portfolio and process automation capabilities, strengthening its position in washer systems, ADAS cleaning solutions and EV thermal management for automotive OEMs.

ASSA ABLOY Acquires Uhlmann & Zacher GmbH

January 24, 2025

Building Products

ASSA ABLOY has acquired Uhlmann & Zacher GmbH, a German maker of access control handles, knobs and related software. Uhlmann & Zacher, founded in 1990 and headquartered in Waldbüttelbrunn, Bavaria, has about 110 employees and reported roughly €21 million in sales for 2024; ASSA ABLOY says the deal adds complementary products and is accretive to earnings from day one.

ABC Technologies Acquires TI Fluid Systems to Create TI Automotive

April 19, 2025

Automotive

ABC Technologies completed its acquisition of TI Fluid Systems plc for an enterprise value of over £1.8 billion and the combined business will rebrand as TI Automotive. The deal creates a larger, propulsion‑agnostic Tier 1 supplier with combined pro forma revenue of $5.4 billion and ~34,600 employees, and the combined business will be majority owned by funds affiliated with Apollo Global Management with Oaktree Capital holding a minority interest.

Star IV Fund (Star Capital) Acquires ABL-TECHNIC Group

March 1, 2023

Industrial Services

Star IV Fund, managed by Star Capital Partnership LLP, has agreed to acquire ABL-Technic Entlackung (ABL-TECHNIC Group) from Vision Capital and Rubicon Partners, subject to customary regulatory approvals. ABL is a global specialist in industrial de-coating and surface-treatment services headquartered in Leutkirch, Germany, operating 19 facilities across Europe, the USA and Mexico and serving over 7,000 customers with c.30% market share in Europe.

Bregal Unternehmerkapital Acquires Majority Stake in Theobald Software

February 23, 2022

Software

Funds advised by Bregal Unternehmerkapital have agreed to acquire a majority interest in Theobald Software GmbH, a Stuttgart-based provider of SAP connectivity software. The investment will support Theobald's international expansion, increased R&D investment and continued product development in SAP interfaces; founder Patrick Theobald will retain a significant stake and step down from his management role.