Copeland Acquires Dickson from May River Capital

May River Capital Acquires Cashco as Flow Control Solutions Platform

November 13, 2024

Manufacturing

May River Capital, a Chicago-based private equity firm, has acquired Cashco, a designer and manufacturer of pressure management and flow control products headquartered in Ellsworth, Kansas. Cashco will serve as May River's inaugural investment in a new Flow Control Solutions platform, with May River planning significant investments to grow the business organically and through add-on M&A while retaining Cashco's existing leadership.

Blackstone-led Consortium Acquires Emerson's Remaining Interest in Copeland

June 6, 2024

Manufacturing

Private equity funds managed by Blackstone, with investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC, will acquire Emerson's remaining 40% interest in the Copeland joint venture (formerly Emerson Climate Technologies) for approximately $3.5 billion. The deal — in which Copeland will repurchase the seller's note — furthers Emerson's portfolio simplification and is expected to close in the second half of 2024, subject to regulatory approvals.

May River Capital Acquires RLE Technologies

November 30, 2023

Industrial Services

May River Capital, a Chicago-based private equity firm, has acquired RLE Technologies, a Fort Collins, Colorado provider of facility environment monitoring, fluid leak detection, and airflow management products. The acquisition—structured as a platform investment—will keep RLE's management team in place and positions May River to grow RLE's presence in data center and critical facilities monitoring.

Blackstone Acquires Majority Stake in Emerson Climate Technologies (Rebranded Copeland)

October 31, 2022

Manufacturing

Private equity funds managed by Blackstone acquired a majority stake in Emerson's Climate Technologies business (rebranded as Copeland) in a transaction valuing the business at $14.0 billion. Emerson received approximately $9.7 billion in upfront cash, a $2.25 billion seller note and retained a minority equity stake while Blackstone (with co-investors ADIA and GIC) will support Copeland's growth as a standalone HVACR leader; Copeland reported fiscal 2022 sales of $5.0 billion and employs over 18,000 people.

Titan Cloud Software Acquires Environmental Monitoring Solutions (EMS)

February 22, 2021

Cloud & SaaS

Titan Cloud Software, a Nashville-area cloud software provider backed by M33 Growth, has acquired Australian wetstock management and forecourt automation specialist Environmental Monitoring Solutions (EMS). EMS will retain its brand and leadership (Russell Dupuy remains Managing Director and becomes SVP of Global Wetstock at Titan Cloud) as the deal expands Titan Cloud's wetstock management product portfolio and accelerates the company's geographic growth in Asia Pacific and Europe; financial terms were not disclosed.

Union Park Capital Acquires Davis Instruments

July 31, 2019

Manufacturing

Union Park Capital has acquired Davis Instruments, a Hayward, California-based maker of precision weather, marine and environmental instrumentation. Davis will join Union Park's Advanced Environmental Monitoring (AE Monitoring) platform as an add-on to expand the platform's product and manufacturing capabilities across meteorology, hydrology and environmental monitoring end markets; terms were not disclosed.