Cummins Inc. Acquires Jacobs Vehicle Systems from Altra Industrial Motion

Cummins Acquires 50% Stake in Momentum Fuel Technologies from Rush Enterprises

January 18, 2022

Automotive

Cummins Inc. has acquired a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises, creating a joint venture to manufacture Cummins-branded compressed natural gas (CNG) fuel delivery systems for the North American commercial vehicle market. The partnership will combine Momentum's CNG system engineering and manufacturing with Cummins' powertrain expertise and leverage Rush Truck Centers and Cummins distributors for aftermarket support across a combined 250+ locations.

Cummins Completes Acquisition of Meritor

August 3, 2022

Automotive

Cummins Inc. has completed its acquisition of Meritor, Inc. for approximately $3.7 billion (including assumed debt and net of acquired cash). The deal strengthens Cummins' components and ePowertrain capabilities, accelerating development of electrified powertrain solutions and is expected to be immediately accretive with roughly $130 million of annual pre-tax run-rate synergies by year three.

Advanced Vehicle Assemblies Acquires Global Automotive Systems

April 27, 2021

Automotive

Advanced Vehicle Assemblies, LLC (an affiliate of Lynn Tilton) acquired substantially all assets of Global Automotive Systems, LLC on April 27, 2021. The deal transfers GAS’s engineering and complex structural metal-assembly capabilities into AVA to strengthen AVA’s manufacturing footprint and support future organic growth and acquisitions.

Superior Environmental Solutions Acquires J&S Industrial Services

November 15, 2025

Industrial Services

Superior Environmental Solutions (SES), a Palladium Equity Partners-backed industrial and environmental services platform, has acquired J&S Industrial Services, a Greater St. Louis-area provider of vacuum truck, hydro-excavation, hydroblasting and waste management services. The add-on expands SES's Midwest footprint and operational capacity across Missouri, Illinois and neighboring states to better serve industrial and infrastructure customers.

TransDigm Acquires Jet Parts Engineering and Victor Sierra Aviation Holdings

January 19, 2026

Aerospace & Defense

TransDigm Group Incorporated has agreed to acquire Jet Parts Engineering (JPE) and Victor Sierra Aviation Holdings (VSA), both portfolio companies of Vance Street Capital, for approximately $2.2 billion in cash. The transaction expands TransDigm’s presence in the commercial aerospace aftermarket by adding engineered PMA/OEM-alternative parts, repair capabilities and distribution for commercial, regional, cargo, and business aviation customers.

Mission Critical Group (backed by Emerald Lake Capital) Acquires Johnson Thermal Systems

August 10, 2023

Manufacturing

Mission Critical Group (MCG), a newly formed electrical equipment solutions platform backed by Emerald Lake Capital Management, has acquired Johnson Thermal Systems (JTS), a family-owned designer and manufacturer of custom power packaging and industrial cooling solutions based in Caldwell, Idaho. JTS will operate as part of the MCG platform to expand product and service capabilities supporting mission-critical power and cooling needs across data centers and other industrial end markets.