Time Manufacturing / BrandFX Acquires CPI's Fiberglass Bucket Fabrication Business

Time Manufacturing Company (Versalift) Acquires BrandFX

November 6, 2019

Manufacturing

Time Manufacturing Company (Versalift), a portfolio company of The Sterling Group, has acquired BrandFX, a leading manufacturer of composite service bodies. The seller was Stonebridge Partners; the acquisition gives Time in-house composite body capabilities and expands its product offering for utility, telecom and municipal fleets. BrandFX is headquartered in Fort Worth, Texas and employed about 286 people at the time of the transaction.

H.I.G. Capital Acquires Time Manufacturing Company from The Sterling Group

December 3, 2021

Manufacturing

H.I.G. Capital, through an affiliate, has completed the acquisition of Time Manufacturing Holdings, LLC from The Sterling Group. Time Manufacturing, a global designer and manufacturer of vehicle-mounted aerial lifts and related specialty equipment headquartered in Waco, Texas, employs more than 2,000 people and will partner with H.I.G. to pursue product development, geographic expansion, and complementary acquisitions to accelerate growth.

Time Manufacturing Company Acquires France Elévateur

June 27, 2022

Manufacturing

H.I.G. Capital portfolio company Time Manufacturing Holdings, LLC has acquired France Elévateur, a France-based manufacturer of vehicle-mounted aerial platforms. The acquisition adds more than 450 employees, two manufacturing sites (France and Spain) and 15 service facilities, strengthening Time Manufacturing's European footprint and expanding its product and after-market service capabilities across utility, telecommunications and rental end markets.

North Central Equity Acquires Sunrise Fiberglass

April 17, 2017

Manufacturing

North Central Equity LLC, a Minneapolis-based privately owned holding company, has acquired Sunrise Fiberglass LLC, a Wyoming, Minnesota manufacturer of custom-fabricated fiberglass components and assemblies for OEMs. North Central plans to expand Sunrise's sales and marketing efforts and install leadership from its operating companies to grow the business.

National Manufacturing Group Acquires Fiber-Tech Inc

October 6, 2025

Manufacturing

National Manufacturing Group, a multi-plant OEM supplier, has acquired Fiber-Tech Inc, a custom molder of fiberglass composites. The deal expands National's FRP and fiberglass capabilities and adds Fiber-Tech's end-to-end composite molding, prototyping, tooling and production services to National's existing manufacturing footprint.

New Water Capital Acquires Bulk Lift International and Bagwell Supply

November 1, 2022

Manufacturing

Private equity firm New Water Capital completed acquisitions of Bulk Lift International LLC and Bagwell Supply Ltd., combining two North American designers, manufacturers and distributors of flexible intermediate bulk containers (FIBCs) and complementary packaging products. The transactions expand the combined company's manufacturing and distribution footprint across the United States, Canada and Mexico and mark additional platform/add-on activity for New Water Capital Fund II.