Thermal Process Holdings Acquires Hudapack Metal Treating and P&L Heat Treating

High Temperature Superconductors, Inc. Acquires PVD Products, Inc.

June 29, 2022

Manufacturing

High Temperature Superconductors, Inc. (HTS) has completed the acquisition of PVD Products, Inc., a Wilmington, Massachusetts-based manufacturer of custom thin film deposition systems including PLD and reel-to-reel equipment. The purchase gives HTS in-house access to critical deposition tools and engineering capabilities to support commercialization and scale-up of high-temperature superconducting wire for energy, fusion and other high-field applications.

Aalberts N.V. Acquires Applied Process from High Street Capital

July 13, 2019

Industrial Services

Aalberts N.V. has acquired Applied Process, a specialty heat-treating company focused on austempering, from High Street Capital. Applied Process will remain an entity within Aalberts' Material Technology / Surface Technologies business and retain its brand and management team following the sale, which marks an exit for High Street Capital.

Aalberts N.V. Acquires Premier Thermal Solutions LLC

July 16, 2021

Industrial Services

Aalberts N.V. has signed a definitive agreement to acquire 100% of Premier Thermal Solutions LLC (PT), a Lansing, Michigan-based surface treatment and heat-treating services provider with nine locations across the US industrial Midwest. The acquisition expands Aalberts' surface technologies footprint and capabilities in North America, adding approximately $60 million in revenue and ~250 employees.

Thermal Technology Distribution Solutions (TTDS) Acquires Proheat Inc.

January 23, 2024

Industrial Services

Thermal Technology Distribution Solutions (TTDS), a distribution platform backed by Gryphon Investors, has acquired Proheat Inc., a La Grange, Kentucky-based distributor of industrial heaters, sensors, controls and technical support for manufacturers. Proheat's management, including President and CEO Steven W. Button, will remain with the company and retain a significant equity stake; terms were not disclosed.

The Halifax Group Recapitalizes Prairie Industries and Nu-Pak

September 25, 2019

Packaging

The Halifax Group completed a recapitalization investment in Prairie Industries, Inc. and Nu-Pak, Inc., partnering with the companies' founders and management to support growth in contract packaging and contract manufacturing. Headquartered in Prairie Du Chien, Wisconsin, the combined business operates multiple packaging and food-manufacturing facilities; terms were not disclosed.

Enerpac Tool Group Acquires HTL Group

January 15, 2020

Industrial Services

Enerpac Tool Group (NYSE: EPAC) has acquired HTL Group, a Cramlington, United Kingdom-based provider of controlled bolting products, rental, calibration, repair and training services with fiscal 2019 revenue of approximately $17 million. The acquisition expands Enerpac's bolting product portfolio and global rental offering and aligns with its strategy to become a pure-play Tools and Services company.