Johnson Controls Acquires M&M Carnot

EVAPCO Acquires Systèmes LMP to Form Evapco Systems LMP

February 21, 2022

Manufacturing

U.S.-based manufacturer EVAPCO has acquired Canadian transcritical CO2 systems maker Systèmes LMP (LMP) and will operate the combined business as Evapco Systems LMP out of Laval, Quebec. The deal combines EVAPCO's ammonia refrigeration capabilities with LMP's CO2 technology to expand EVAPCO's natural refrigerant portfolio and gain entry into supermarket/food-retail and North American CO2 markets; terms were not disclosed.

Parkland Corporation Acquires M&M Food Market

January 18, 2022

Food & Beverage

Parkland Corporation has agreed to acquire M&M Food Market from Searchlight Capital Partners for approximately $322 million, strengthening Parkland’s proprietary food offering and expanding its convenience retail food capabilities. The deal includes more than 300 standalone stores, over 2,000 M&M Express locations and a loyalty program of ~2 million members; it is expected to close in Q1 2022 subject to customary approvals.

Gainline Capital Partners Acquires M&M International

January 21, 2025

Manufacturing

Gainline Capital Partners has acquired M&M International, a South Plainfield, New Jersey-based manufacturer of precision-engineered small-diameter stainless-steel tubing serving the medical device and other high-precision end markets. Gainline named Jeff Robertson CEO and plans to support accelerated organic growth, expand product capabilities (including a new 17-7 stainless offering) and pursue strategic add-on acquisitions.

Titan Cloud Software Acquires JMM Global

November 18, 2019

Software

Tennessee-based Titan Cloud Software has acquired JMM Global, a Chicago-area provider of underground storage tank (UST) compliance software and services for the fuel industry. The deal, led by Titan's equity investor M33 Growth, combines two market leaders to expand Titan's compliance and service capabilities and accelerate growth across retail and commercial fuel operators.

CCMP Growth Advisors Invests in Innovative Refrigeration Systems

January 11, 2024

Industrial Services

CCMP Growth Advisors has partnered with founder and CEO Mike McGinnis to make a growth investment in Innovative Refrigeration Systems, a Lyndhurst, Virginia-based designer, manufacturer and service provider of industrial refrigeration systems. Financial terms were not disclosed; Mike McGinnis will remain CEO and Tom Goeke will join the board to support the company’s service and software expansion.

Smart Care Acquires Mr. C Refrigeration

June 18, 2025

HVAC & Mechanical

Smart Care, a portfolio company of Wind Point Partners, acquired Mr. C Refrigeration, a Louisville-based commercial refrigeration and HVAC services firm; the transaction closed on June 18, 2025. The add-on expands Smart Care's commercial refrigeration capabilities in Kentucky and strengthens its ability to serve life sciences, food distribution, and other commercial customers as part of a broader national expansion strategy.