Tinicum Acquires Controlling Interest in Greene Group Industries

Tinicum Acquires Controlling Interest in Groupe Tornatech

October 10, 2024

Manufacturing

Tinicum, L.P. has acquired a controlling interest in Groupe Tornatech Inc., a Laval, Quebec-based designer and manufacturer of fire pump controllers. Tornatech's co-presidents will retain a significant ownership stake and the company will partner with Tinicum to invest in its team, product offering, capabilities, and facilities to support global growth; financial terms were not disclosed.

Tinicum Acquires KGM from Compass Group Equity Partners

May 28, 2024

Industrial Services

Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated acquired a controlling interest in KGM from Compass Group Equity Partners, with KGM management retaining a significant ownership stake. Headquartered in Tulsa, Oklahoma, KGM is a value‑added distributor of natural gas meters, regulators, valves and related services; Tinicum intends to invest in the company’s team, product offering, capabilities and facilities to support growth.

Tinicum L.P. Acquires Controlling Interest in Watlow

March 2, 2021

Manufacturing

Tinicum L.P. and affiliated funds managed by Tinicum Incorporated have acquired a controlling interest in Watlow, the St. Louis–headquartered designer and manufacturer of thermal systems. Financial terms were not disclosed; Desloge family shareholders and management will remain minority owners while Tinicum will support Watlow's international expansion, technology investments (Industry 4.0) and growth through strategic acquisitions.

Tinicum Acquires Controlling Interest in Aeronix Technologies Group from ShoreView

November 4, 2024

Aerospace & Defense

Tinicum, L.P. has acquired a controlling interest in Aeronix Technologies Group (ATG) from ShoreView Industries, with ShoreView and ATG employee shareholders retaining significant minority stakes. Headquartered in Melbourne, Florida, ATG supplies high-reliability defense electronics and engineering services across air, sea, ground and space domains; Tinicum said it will partner with management to support the company's next phase of growth and broaden its national security applications.

H.I.G. Infrastructure Acquires Controlling Interest in Greenflash Infrastructure

September 25, 2024

Renewable Energy

An affiliate of H.I.G. Capital (H.I.G. Infrastructure) has acquired a controlling interest in Greenflash Infrastructure, LP, a Houston-based developer and operator of grid-scale energy storage and power generation projects. The investment will provide capital and operational support to accelerate Greenflash's pipeline of brownfield and greenfield energy storage and controllable load projects serving utilities and municipal cooperatives.

Cornell Capital Acquires Advantek from Tinicum

June 23, 2022

Packaging

Cornell Capital has entered into an agreement to acquire Advantek, a global manufacturer of precision carrier tape and protective packaging for electronic and semiconductor components, from Tinicum-managed funds, with Tinicum retaining a minority stake. Cornell will partner with Advantek's management to accelerate growth through product innovation, capacity and geographic expansion, and M&A; terms were not disclosed.