ABC Technologies Acquires TI Fluid Systems, Creating TI Automotive

ABC Technologies Holdings Completes Acquisition of dlhBOWLES From MPE Partners

March 7, 2022

Manufacturing

ABC Technologies Holdings Inc. completed its previously announced acquisition of dlhBOWLES, Inc. for cash consideration of approximately US$255 million. The deal expands ABC’s Fluid Management offering, process automation capabilities, and product system offering for North American automotive customers, with additional growth exposure to ADAS/EV cleaning and thermal management applications.

TI Fluid Systems Acquires Cascade Engineering Europe from Cascade Engineering, Inc.

November 9, 2023

Automotive

TI Fluid Systems has acquired Cascade Engineering Europe (CEE), the Budapest‑based plastics and thermal fluid connector business, from Cascade Engineering, Inc. CEE — a designer and manufacturer of complex injection‑molded automotive thermal fluid connectors with ~300 employees — will be integrated into TI Fluid Systems to expand its thermal connector capabilities and support growth in electric vehicle applications. Angle Advisors acted as exclusive M&A advisor to Cascade Engineering in the transaction.

ABC Technologies Holdings Acquires Karl Etzel GmbH

March 4, 2022

Industrial Services

ABC Technologies Holdings Inc. (TSX: ABCT) completed its previously announced acquisition of a majority interest in Karl Etzel GmbH for approximately US$95 million. The deal expands ABC’s European footprint and introduces its interior products capabilities, with the transaction expected to grow Etzel’s role as a tier-1 and tier-2 supplier to German luxury OEMs.

NXP Semiconductors to Acquire TTTech Auto for $625 Million

January 9, 2025

IT Services

NXP Semiconductors has entered into a definitive agreement to acquire TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto, based in Vienna, provides safety-critical systems and middleware for software-defined vehicles, and its management team, IP, assets, and ~1,100 engineering staff will join NXP’s automotive organization.

Bosch Acquires Assets of TSI Semiconductors

April 26, 2023

Manufacturing

Bosch is acquiring the assets of U.S. chipmaker TSI Semiconductors in Roseville, California, and plans to invest more than $1.5 billion to convert and expand the facility for silicon carbide (SiC) chip production. The deal gives Bosch a foundry with roughly 250 employees and about 10,000 square meters of clean-room space, accelerating its capability to produce SiC chips for automotive, telecommunications and energy markets and expanding its semiconductor manufacturing footprint in the United States.

SPL, Inc. (IGP Portfolio Company) Acquires AFS (Assured Flow Solutions)

September 27, 2021

Energy

SPL, Inc., a Houston-based testing, inspection and certification (TIC) platform backed by Industrial Growth Partners, has acquired AFS (Assured Flow Solutions). The add-on expands SPL’s laboratory testing, software and tech-enabled consulting capabilities — particularly in flow assurance, asset integrity and ESG — and broadens its footprint in Houston, Denver, Europe and Asia-Pacific.