Audax Private Equity Acquires Solve Industrial Motion Group from Incline Equity Partners

Solve Industrial Motion Group Acquires Miller Bearing Company

October 27, 2025

Manufacturing

Solve Industrial Motion Group has acquired Miller Bearing Company, a Kent, Ohio-based manufacturer of conveyor bearings. The acquisition expands Solve's manufacturing capabilities and product offering for the material handling industry by adding Miller's facility and workforce.

Solve Industrial Motion Group Acquires B&B Manufacturing

October 20, 2025

Manufacturing

Solve Industrial Motion Group has acquired B&B Manufacturing, a U.S. maker of power transmission and precision mechanical components headquartered in La Porte, Indiana. The deal expands Solve's domestic manufacturing footprint and broadens its drive train product capabilities, enabling faster lead times and increased made-to-order capabilities for industrial customers across North America.

Motion Solutions Acquires Ibex Engineering

August 3, 2022

Industrial Services

Motion Solutions (a portfolio company of Frontenac) announced that Ibex Engineering is now part of the Motion Solutions family. The acquisition brings Ibex’s precision linear and rotary positioning systems and custom OEM expertise to Motion Solutions, expanding its ultra-precision end-market access and automated manufacturing capabilities.

Solve Industrial Motion Group Acquires MasterDrive

July 28, 2022

Manufacturing

Solve Industrial Motion Group, a Charlotte-based manufacturer and distributor of bearings and power-transmission components and a portfolio company of Audax Private Equity, acquired MasterDrive, Inc., a supplier and manufacturer of sheaves, belts, timing pulleys and couplings based in Fort Atkinson, Wisconsin. The add-on expands Solve's product offering and stocking footprint in power transmission drive components, combining MasterDrive's ~9,000 SKUs and 12 stocking locations with Solve's broader distribution network and product catalog.

Solve Industrial Motion Group Acquires SST Bearing Corporation

March 31, 2022

Manufacturing

Solve Industrial Motion Group, a portfolio company of Audax Private Equity, has acquired SST Bearing Corporation, a Loveland, Ohio-based manufacturer and supplier of bearings and power transmission components; the deal also includes conveyor components company USA Rollers, Inc. The acquisition expands Solve's product portfolio and supply-chain capabilities to better serve OEM customers across end markets such as material handling, automotive and food & beverage.

Solve Industrial Motion Group Acquires Bearings Limited and Tritan Brand

December 16, 2021

Manufacturing

Solve Industrial Motion Group, a portfolio company of Audax Private Equity, has acquired Bearings Limited and its Tritan brand. The add-on expands Solve's manufacturing and distribution footprint across North America, adding more than 25,000 Tritan products and six regional stocking locations to the Solve platform.