ChampionX to Acquire RMSpumptools (James Fisher Subsea Connector Business) for About $110 Million

Tech24 Acquires RMS Mechanical Services

December 7, 2021

HVAC & Mechanical

Tech24, a national provider of foodservice and commercial HVAC repair backed by HCI Equity Partners, acquired RMS Mechanical Services of Ambridge, Pennsylvania on December 3, 2021. The acquisition is Tech24’s seventh add‑on and expands its presence and customer base in the greater Pittsburgh foodservice repair and maintenance market; financial terms were not disclosed.

SLB Acquires ChampionX in an All-Stock Transaction

April 2, 2024

Energy

SLB (NYSE: SLB) has completed its previously announced all-stock acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock for each ChampionX share, with former ChampionX shareholders owning ~9% of SLB’s outstanding shares post-closing.

ChampionX Acquires Artificial Lift Performance Limited

February 27, 2024

Energy

ChampionX Corporation acquired Artificial Lift Performance Limited (ALP), an Edinburgh-based provider of artificial lift optimization analytics, to expand its digital solutions portfolio for oil and gas production. The deal combines ALP's Pump Checker analytics with ChampionX's XSPOC production optimization software to deliver broader advanced-analytics capabilities across multiple artificial lift types.

Ingersoll Rand to Acquire Seepex GmbH

June 21, 2021

Industrial Services

Ingersoll Rand Inc. has entered into an agreement to acquire Seepex GmbH in an all-cash transaction valued at €431.5 million. The deal is expected to close in Q3 2021, subject to regulatory approvals, and will add Seepex’s progressive cavity pump technology to Ingersoll Rand’s Precision and Science Technologies segment.

Hidden Harbor Capital Partners Acquires Machinery Services Corp. & Rapid Pump & Meter Service Co.

August 29, 2022

Industrial Services

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, acquired Machinery Services Corp. and Rapid Pump & Meter Service Co. (MSC&RPM), a Paterson, New Jersey provider of pump, motor and water/wastewater infrastructure services. The acquisition closed July 21, 2022; Hidden Harbor will partner with management to pursue growth and expand MSC&RPM's footprint in municipal, industrial and transportation end markets.

Ripple Industries Acquires Schumacher Electric Corporation from Lincolnshire Management

April 20, 2022

Manufacturing

Private investment firm Ripple Industries LLC acquired Schumacher Electric Corporation from private equity firm Lincolnshire Management, Inc. The deal (terms not disclosed) transfers ownership of the Fort Worth-based battery charger and EV-charging products manufacturer to Ripple, which said it will work with management to pursue growth opportunities in EV charging, battery maintenance and e-commerce channels.