Cordatus Capital and Red Dot Buildings Acquire East Texas Architectural Sheetmetal (ETAS)

Cordatus Capital Acquires Majority Stake in Red Dot Buildings

March 6, 2025

Manufacturing

Cordatus Capital has made a majority investment in Red Dot Buildings, a Texas-based designer, manufacturer, and erector of complex pre-engineered metal building systems. The partnership will support increased production capacity, expanded product offerings, and geographic expansion while Ted Bush remains CEO and a continuing shareholder.

Cordatus Capital Acquires B&J Welding Supply with Capital from Bluehenge Capital Partners

April 16, 2024

Industrial Services

Dallas-based private investment firm Cordatus Capital acquired B&J Welding Supply, the largest independent packaged gas and welding hardgoods distributor in West Texas. Bluehenge Capital Partners provided debt and equity to facilitate the transaction; Cordatus formed American Gas Group as a platform to pursue further acquisitions in the packaged gas industry.

Castik Capital Acquires Majority Stake in ARTUS

July 15, 2022

Environmental Services

Castik Capital (via its EPIC II fund) has acquired a majority stake in ARTUS, a leading German property damage restoration and disaster-recovery services provider, in a partnership with ARTUS founders and management. ARTUS operates across Germany (headquartered in Isernhagen and Leipzig) with over 400 employees across 28 branches and offers fire, water and construction-drying services, having processed more than 10,000 claims in 2021.

Etex Acquires Sigmat from LDC

August 4, 2021

Building Products

Belgian building‑products group Etex has acquired Sigmat, a Leeds‑based specialist in light‑gauge steel framing and offsite construction, from mid‑market private equity firm LDC. The deal brings Sigmat into Etex’s New Ways division to expand Etex’s offsite manufacturing capabilities and accelerate adoption of light‑gauge steel framing across UK residential, education and hospitality markets.

Stratus (Godspeed Capital-backed) Acquires Morris & Associates, Engineers, LLC

January 24, 2023

Engineering Services

Godspeed Capital-backed Stratus has acquired Morris & Associates, Engineers, LLC, a Houston-based engineering and architectural firm specializing in fuel system design, permitting, and drone/3D laser surveying. The acquisition adds a 16-person team and expands Stratus' capabilities and access to Texas DOT, Department of Defense, and retail fuel clients as part of its add-on growth strategy in the Southeastern United States.

Verdantas Acquires ASEC Engineers

October 22, 2024

Energy

Verdantas, a Tampa-based consulting firm backed by Sterling Investment Partners, has acquired ASEC Engineers, a Denver-based power delivery and renewable energy engineering firm. The deal adds ASEC’s transmission, substation and distribution design capabilities and ~130 staff across offices in Colorado, California, Florida, Texas and Pune, India, expanding Verdantas’ energy transition service offerings and geographic footprint.