AVEVA Acquires FabTrol Systems

E Tech Group Acquires E-Volve Systems

March 2, 2023

Engineering Services

E Tech Group, a portfolio company of Falfurrias Capital Partners, has acquired E-Volve Systems, a provider of industrial automation, controls engineering and computer systems validation. The add-on expands E Tech Group's capabilities and presence in the life sciences, food & beverage, and consumer products markets; terms were not disclosed.

Crane Company Acquires Technifab Products for $40.5M

November 6, 2024

Manufacturing

Crane Company (NYSE:CR) completed the acquisition of Technifab Products, Inc., a Brazil, Indiana–based manufacturer of vacuum‑insulated pipe systems and cryogenic valves, for $40.5 million on a cash‑free, debt‑free basis. Technifab will join Crane's Process Flow Technologies segment, extending Crane's cryogenics capabilities into high‑growth semiconductor, medical and pharmaceutical end markets and expanding the company's geographic footprint.

Tencarva Machinery Company (Bessemer-backed) Acquires Fischer Process Industries

August 22, 2022

Industrial Services

Tencarva Machinery Company, a portfolio company of Bessemer Investors, has acquired Fischer Process Industries (including Fischer Process-South). The add-on expands Tencarva's flow-control product offering with valves and strengthens its geographic footprint across Ohio, Indiana, Kentucky and Georgia; financial terms were not disclosed.

Flow Control Management Acquires Aquatrol Inc.

May 1, 2025

Manufacturing

Flow Control Management (FCM), a holding company sponsored by The Edgewater Funds, has acquired Aquatrol Inc., a U.S. manufacturer of safety and pressure relief valves headquartered in Elburn, Illinois. The add-on expands FCM's valve product offering and capabilities in safety and pressure relief valves to support its flow-control platform.

Olympic Steel Acquires Metal-Fab, Inc.

January 3, 2023

Manufacturing

Olympic Steel Inc. (Nasdaq: ZEUS) has acquired all outstanding shares of Metal-Fab, Inc., a Wichita-based manufacturer of venting and filtration products. The deal expands Olympic Steel's manufacturing capabilities and product offerings in coated carbon and stainless steel and is expected to be immediately accretive.

Fero International Inc. Acquires AVL Manufacturing Inc.

October 14, 2021

Manufacturing

Fero International Inc. signed a letter of intent to acquire AVL Manufacturing Inc., a Hamilton, Ontario–based turnkey manufacturer of modular enclosures with a 30-year track record. The acquisition will secure AVL's manufacturing facilities and over 70 employees (including ~15 engineers) to help Fero scale production of its modular solutions; closing was anticipated in Q4 2021 subject to due diligence, financing and a definitive agreement.