MidOcean Partners Acquires Arnott Industries

MidOcean Partners Acquires FullSpeed Automotive

November 1, 2020

Automotive

MidOcean Partners has acquired FullSpeed Automotive from CenterOak Partners. The transaction gives MidOcean a national auto-aftermarket platform with nearly 600 locations and over 1,350 employees; MidOcean plans to drive growth through organic initiatives, franchise development and strategic M&A.

MidOcean Partners Acquires Cloyes

February 22, 2022

Automotive

MidOcean Partners has acquired Cloyes, a North American leader in timing drive systems and engine components, from Hidden Harbor Capital Partners. MidOcean plans to grow Cloyes through organic initiatives and strategic M&A to build a stronger platform in the automotive aftermarket; financial terms were not disclosed.

Johnson Controls Acquires M&M Carnot

June 21, 2023

Manufacturing

Johnson Controls has acquired M&M Carnot, a provider of natural industrial refrigeration systems that use ultra-low global warming potential refrigerants such as CO2. The acquisition expands Johnson Controls' sustainable industrial refrigeration portfolio and strengthens its position to serve data centers, food and cold-storage, and other industrial customers with transcritical CO2 solutions and heat-pump technologies.

Saothair Capital Partners Acquires Arandell Corporation

December 8, 2020

Manufacturing

Saothair Capital Partners, in partnership with Ocean Avenue Capital Partners (and with involvement from lender Farragut Capital Partners), acquired the business and assets of Arandell Corporation through a newly formed affiliate via a Section 363 sale out of Chapter 11. Arandell, a Menomonee Falls, Wisconsin-based catalog and brochure printer with ~530 employees, will continue under existing management with Saothair providing capital to restructure the balance sheet and invest in future growth.

Astorg Mid‑Cap Acquires 40% Stake in ARMOR‑IIMAK

May 4, 2022

Manufacturing

Astorg Mid‑Cap has completed an investment in ARMOR‑IIMAK, acquiring a c.40% stake while ARMOR‑IIMAK's Executive Chairman Hubert de Boisredon and the management team remain majority shareholders. Headquartered in Nantes, France, ARMOR‑IIMAK is the global leader in thermal transfer ribbons with ~1,600 employees across its global footprint; Astorg will support the company's growth, geographic expansion and future acquisitions.

MidOcean Partners Acquires QualiTech

June 7, 2023

Food & Beverage

MidOcean Partners, a New York-based private equity firm, has acquired QualiTech, a family-owned manufacturer of food ingredients, animal nutrition and plant nutrition products, from the Ploen family. The transaction will provide capital to expand QualiTech’s capabilities, capacity and product innovation as part of MidOcean’s food value chain investment strategy; terms were not disclosed.