Capitol Meridian Partners and Stellex Capital Management Complete Carve-Out Acquisition of Beaufort from Survitec

Arlington Capital Partners To Acquire Eptec Defence

March 23, 2026

Industrial Services

Arlington Capital Partners entered into an agreement to acquire Eptec Defence, a Sydney-headquartered naval remediation and preservation services provider supporting the Royal Australian Navy and allied fleets. The deal is subject to customary closing conditions and regulatory approvals, and Arlington plans to appoint Steve Zogas as CEO while keeping Eptec Defence’s existing management team in place operationally.

Stellex Capital Continuation Vehicle Acquires Interests in Fenix Parts

April 10, 2024

Automotive

Stellex Capital Management closed a single-asset continuation vehicle that acquired interests in Fenix Parts, providing follow-on capital to support organic growth and the company’s add-on M&A pipeline. Concurrently, Fenix refinanced its debt with TCW Private Credit Group as lead lender; Evercore served as financial advisor and Kirkland & Ellis and Greenberg Traurig as legal counsel.

EnCap Energy Transition Commits Growth Capital to Bleutec Industries

November 30, 2022

Renewable Energy

EnCap Investments (via its EnCap Energy Transition platform) has made a significant equity commitment to Bleutec Industries, a Houston-based builder, owner and operator of Jones Act‑compliant offshore wind turbine installation vessels. Bleutec management is co-investing alongside EnCap to accelerate development of its Binary Marine Installation Solution (BMIS) and build out Jones Act vessels to support U.S. offshore wind projects.

Stellex Capital Management Acquires RTC Aerospace

March 21, 2022

Manufacturing

Stellex Capital Management completed a platform investment in RTC Aerospace LLC, a manufacturer of high-precision machined components for commercial and military aerospace customers. Stellex will support RTC’s organic growth and pursue an M&A-focused expansion strategy while existing investor/executive Brad Hart remains on the cap table and Dave Herr joins as a partner for growth.

Survitec Group Acquires Hansen Protection from IK Investment Partners

May 6, 2021

Manufacturing

Survitec Group Ltd has acquired Hansen Protection AS from IK Investment Partners (IK VII Fund). Financial terms were not disclosed; the deal combines Hansen Protection’s immersion suits, protective rainwear and coated-textile capabilities with Survitec’s global survival-technology portfolio to broaden product offerings across marine, energy and defence end markets.

The Carlyle Group and Stellex Capital Acquire and Merge Vigor Industrial and MHI Holdings

October 14, 2019

Industrial Services

Global investment firm The Carlyle Group and private equity firm Stellex Capital Management have closed their acquisition of Vigor Industrial LLC and MHI Holdings LLC and merged the businesses to create a bicoastal ship repair and fabrication platform. Carlyle will be majority owner, Stellex contributed equity, Jim Marcotuli was appointed CEO of the combined company, and legacy leaders including Frank Foti and Tom Epley will remain in board/executive roles.