HC Private Investments Acquires QEI, Inc.

AEA Investors Acquires SCIO Automation Holding GmbH

August 31, 2023

Industrial Services

AEA Investors’ Middle Market private equity fund has closed the acquisition of SCIO Automation Holding GmbH, making AEA the new majority shareholder. Quadriga Capital’s Partnership Va has exited while Quadriga (Fund VI) has reinvested a minority position; SCIO is an industrial automation system integrator headquartered in Frankenthal, Germany with ~1,100 employees and ~€190 million of revenues in 2022.

MiQ Partners Acquires CKC Engineering

December 15, 2021

Manufacturing

MiQ Partners, a Resilience Capital Partners-backed intelligent automation platform, has acquired CKC Engineering, a precision automation machine builder based in Oakland, California. The add-on expands MiQ's California capacity (bringing total footprint to 155,000 sf), strengthens life sciences manufacturing capabilities (aseptic syringe filling, vertical farming solutions, medicinal product packaging) and adds roughly 13 engineers to the platform.

Gallagher Fluid Seals Acquires IEQ Industries

April 25, 2022

Industrial Services

Gallagher Fluid Seals, Inc. acquired IEQ Industries, a Grand Rapids-based distributor of new, used and remanufactured pumps, pump parts and pump packages. The acquisition diversifies Gallagher's product mix and adds IEQ's digital assets, including its CXI enterprise asset management platform, while IEQ owner Joseph Bichler retires and the IEQ team remains in place.

HC Private Investments and Isleworth Capital Partners Invest in Prince Industries

May 18, 2022

Manufacturing

HC Private Investments, alongside Isleworth Capital Partners, has partnered with the founding family of Prince Industries to provide growth capital to the precision machining and sheet metal fabricator. Proceeds will be used to accelerate growth and expand operational capabilities; Prince CEO Mark Miller will remain on the board and retain a significant investment. Midwest Mezzanine Funds provided subordinated debt and equity to support the transaction.

The Exigent Group Acquires Smith-Boughan Mechanical and Electrical Automation Systems (EASI)

July 23, 2024

HVAC & Mechanical

Huron Capital portfolio company The Exigent Group acquired Smith-Boughan Mechanical and Electrical Automation Systems (EASI) in two separate add-on transactions. The deals mark the sixth and seventh add-ons to the Exigent platform since its August 2022 launch and expand the platform's geographic footprint and integrated HVAC, plumbing, and controls capabilities across the Midwest and Mid-Atlantic.

Quantic Electronics Acquires BEI Precision

August 17, 2021

Aerospace & Defense

Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired BEI Precision Systems & Space Company, Inc. from J.F. Lehman & Company. The add-on acquisition expands Quantic's capabilities in mission-critical position feedback sensors, encoders, accelerometers, and frequency reference technologies for aerospace, space, and defense end markets.