Monomoy Capital Partners Acquires Sportech, Inc.

Patrick Industries Acquires Sportech from Monomoy Capital Partners for Approximately $315 Million

January 11, 2024

Manufacturing

Patrick Industries agreed to acquire Sportech, a Minnesota-based designer and manufacturer of cab components and assemblies for powersports and adjacent OEM markets, for approximately $315 million. The all-cash transaction (funded with Patrick's cash and borrowings) is expected to close on or before January 24, 2024 and will make Sportech a wholly owned subsidiary of Patrick to support growth in the powersports/end markets and realize revenue and cost synergies.

Monomoy Capital Partners Acquires EnviroTech Services

January 23, 2024

Industrial Services

Monomoy Capital Partners has acquired EnviroTech Services, Inc., a founder-owned distributor and provider of road surface products and winter road maintenance services headquartered in Greeley, Colorado. Monomoy — its first institutional investor — plans to invest in operational improvements, logistical efficiencies and geographic expansion across the company’s West and Midwest footprint.

Nautic Partners Acquires Spartech from Arsenal Capital Partners

October 21, 2019

Manufacturing

Nautic Partners, together with Spartech management, has completed the acquisition of Spartech, a Maryland Heights, Missouri-based manufacturer of engineered acrylics, extruded plastics and thermoformed packaging, from Arsenal Capital Partners. Nautic said it will partner with the long‑tenured Spartech management team to invest in new products, expand capabilities and pursue selective add‑on acquisitions to grow the business.

Monomoy Capital Partners Acquires Kauffman Engineering

May 9, 2019

Manufacturing

Monomoy Capital Partners has acquired Kauffman Engineering, a manufacturer of custom industrial wire harnesses, cable assemblies and related products headquartered in Lebanon, Indiana. The acquisition gives Monomoy a platform to partner with Kauffman’s veteran management team and support continued organic growth and add-on M&A across HVAC, commercial equipment, specialty vehicle and other industrial end markets.

The Jordan Company Acquires Spartech from Nautic Partners

May 10, 2021

Manufacturing

The Jordan Company completed the acquisition of Spartech, a Maryland Heights, Missouri-based manufacturer of engineered thermoplastics and custom packaging solutions. Nautic Partners will remain a minority shareholder, and TJC said the investment will support Spartech's organic growth and strategic acquisitions while adding industry veteran Andy Brewer as Executive Chairman.

SPX Technologies Acquires Thermolec

January 20, 2026

Manufacturing

SPX Technologies has completed the acquisition of Montréal-based Thermolec Ltd. for CA$195 million (approximately US$140 million). Thermolec, a manufacturer of custom electric duct heating and related HVAC solutions with nearly 200 employees and about US$35 million in annual revenue, will join SPX's HVAC Electric Heat business to expand product capabilities and grow sales in the U.S. and Canada.