Allegion to Acquire ELATEC in €330 Million Deal

Diodes Incorporated acquires ElevATE Semiconductor from Presidio Investors

July 10, 2026

IT Services

Diodes Incorporated entered into a definitive agreement to acquire ElevATE Semiconductor, Inc. in an all-cash transaction valued at $250 million (with up to $50 million earnout contingent on targets), for total consideration up to $300 million. ElevATE is a fabless designer of low-power, high-density integrated circuits for automated test equipment (ATE).

Arcline Investment Management Acquires Altronic, LLC from HOERBIGER Group

December 9, 2025

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has acquired Altronic, LLC from the HOERBIGER Group. Altronic, a Girard, Ohio-based maker of advanced ignition, control and instrumentation systems for critical infrastructure and OEMs, will be positioned to pursue growth with Arcline's capital and portfolio synergies.

Allegion plc Acquires Unicel Architectural Corp.

June 11, 2024

Building Products

Allegion plc has acquired Unicel Architectural Corp., a Quebec-based manufacturer of advanced glass, timber and aluminum building solutions. The acquisition will expand Allegion's core non-residential portfolio and specification capabilities across healthcare, education, government and other institutional markets in Canada and the U.S.; financial terms were not disclosed.

Allegion Completes Acquisition of Stanley Black & Decker's Access Technologies Business

July 5, 2022

Industrial Services

Allegion plc, through its subsidiaries, completed the previously announced acquisition of Stanley Access Technologies LLC and related automatic entrance solutions assets from Stanley Black & Decker, Inc. for $900 million in cash. The deal expands Allegion’s access, egress, and access control offerings with automatic entrance products plus installation and maintenance services.

Arotech Corporation's Advanced Electronics Division Acquires UST-Aldetec

September 21, 2020

Aerospace & Defense

Arotech Corporation's Advanced Electronics Division (AED) has acquired UST-Aldetec, a privately held design, engineering, manufacturing and services company with sites in Fair Lawn, New Jersey; Sacramento, California; and Reno, Nevada. The acquisition expands Arotech AED's capabilities into RF and microwave product platforms and strengthens its position in defense, communications and medical electronics manufacturing.

Gentherm Acquires Etratech Enterprises

November 8, 2017

Manufacturing

Gentherm Incorporated acquired Etratech Enterprises, Inc., a Burlington, Ontario–based designer and manufacturer of advanced electronic controls and systems, from Etratech shareholders (including minority investor The Shotgun Fund). Etratech, which employs more than 400 people and had estimated revenues of CAD 77 million (about US$61 million) trailing-12-months, was purchased for US$64 million (~8.5x trailing EBITDA).