Double E Company Acquires Schlumpf

Double E (River Associates Portfolio) Acquires Daven Manufacturing

June 2, 2022

Manufacturing

Double E Company LLC, a River Associates-backed portfolio company, acquired Daven Manufacturing LLC on June 2, 2022. The add-on expands Double E’s product offering in web converting and material-handling equipment; terms were not disclosed.

Industrial Growth Partners Acquires Double E Company

June 21, 2022

Manufacturing

Industrial Growth Partners (IGP) acquired Double E Company, a West Bridgewater, Massachusetts-based manufacturer of web converting components and material handling equipment, from River Associates Investments. IGP partnered with Double E management and certain outside investors to create a platform to accelerate growth through strategic initiatives and add-on acquisitions; financial terms were not disclosed.

The SCHLEIFRING Group Acquires Electro-Miniatures Corporation

December 23, 2020

Aerospace & Defense

The SCHLEIFRING Group, a subsidiary of Wegmann Group, has acquired Electro-Miniatures Corporation (EMC), a Moonachie, New Jersey-based maker of slip ring assemblies. The acquisition expands SCHLEIFRING's technical capabilities and geographic reach into North America; transaction terms were not disclosed.

Lufkin Industries Acquires Schlumberger's North American Rod Lift Business

November 2, 2020

Oil & Gas

Lufkin Industries, a portfolio company of KPS Capital Partners, completed the acquisition of Schlumberger’s North American Land Rod Lift Business, including brands such as Don‑Nan, Shores Lift Solutions, KBA Engineering, Platinum Pumpjack Services and RLC Rod Lift Consulting. The deal expands Lufkin’s manufacturing, distribution and technology capabilities in rod lift and artificial‑lift solutions across major North American onshore oil producing regions, including the Permian Basin.

Aebi Schmidt Group Acquires Monroe Truck Equipment from Industrial Opportunity Partners

November 17, 2021

Industrial Services

Aebi Schmidt Group agreed to acquire Monroe Truck Equipment, a U.S.-based manufacturer and upfitter of municipal and commercial truck equipment, from private equity owner Industrial Opportunity Partners. D.A. Davidson served as financial advisor to Monroe; the deal (expected to close around end of 2021) gives Aebi Schmidt U.S. upfitting centers, nationwide distribution and cross-sell opportunities while Monroe gains access to Aebi Schmidt's global technologies and resources.

Double E Group Acquires Converter Accessory Corporation (CAC)

July 8, 2025

Manufacturing

Double E Group, a global manufacturer of converting and material handling products, has acquired Converter Accessory Corporation (CAC), a specialist in web handling equipment and accessories. The acquisition expands Double E Group's platform and product portfolio—adding CAC's wrinkle removal, trim collection and air shaft solutions to its converting and material handling offerings.