GRT Rubber (Investor Group Led by Main Street Capital) Acquires Garlock Rubber Technologies from EnPro

GRT Rubber Technologies Acquires Valley Rubber

November 18, 2021

Manufacturing

GRT Rubber Technologies (GRT), a PE-backed manufacturer of engineered rubber products, acquired Valley Rubber, a maker of custom rubber solutions for mining, aggregates and industrial applications. The deal, supported by a $22.1 million follow-on investment from Main Street Capital Corporation to GRT, expands GRT's product portfolio, end-market exposure and international footprint (notably Chile, Mexico and Peru).

Branford Castle Partners Acquires Garlock Pipeline Technologies (GPT) from EnPro Industries

February 22, 2023

Manufacturing

Branford Castle Partners (Branford Castle Partners II, L.P.) acquired Garlock Pipeline Technologies (GPT), an EnPro Industries operating division that manufactures pipeline sealing and electrical isolation products. The transaction included a simultaneous, accretive sale‑leaseback of GPT’s 64,000 sq ft manufacturing facility to Tempus Realty Partners; terms were not disclosed.

The Timken Company Acquires GGB from EnPro for $305 Million

November 7, 2022

Manufacturing

The Timken Company completed the acquisition of GGB, EnPro Industries’ mission-critical surface engineering and bearing business, for total proceeds of $305 million (subject to closing date purchase price adjustments). EnPro completed the divestiture to streamline its portfolio around Advanced Surface Technologies and Sealing Technologies and to reduce leverage; Timken said the deal expands its engineered bearing portfolio and complementary capabilities.

CECO Environmental Acquires General Rubber (GRC)

March 7, 2023

Manufacturing

CECO Environmental Corp. has completed the acquisition of industrial flow control leader General Rubber (GRC) and integrated the business into its Effox‑Flextor‑Mader (EFM) joint venture with Chartwell Investments (Chief Capital). The acquisition expands CECO's product offering into rubber expansion joints and increases its addressable market to approximately $500 million while improving short-cycle sales and expected accretion to earnings and cash flow.

TRG, LLC Acquires MS Rubber Company

September 12, 2023

Manufacturing

TRG, LLC has acquired MS Rubber Company, a Jackson, Mississippi-based industrial supplier and fabricator of rubber products; the transaction closed on September 12, 2023. MS Rubber (founded 1963) supplies hydraulic hoses, fittings, belts, gaskets and related products across Mississippi and the Southern U.S.; TRG (headquartered in Appleton, Wisconsin) said the acquisition expands its footprint and sealing/distribution capabilities in the Southeastern United States.

Gladstone Investment Corporation Acquires Global GRAB Technologies

July 18, 2025

Aerospace & Defense

Gladstone Investment Corporation has acquired Global GRAB Technologies in a $67.6 million transaction comprised of equity and senior secured debt. Global GRAB, based in Franklin, Tennessee, specializes in perimeter security and hostile vehicle mitigation systems for government and commercial clients; Gladstone said the investment will support the company's growth, product portfolio expansion, and ability to protect critical infrastructure.