Taglich Private Equity Acquires Air Flow Research Heads; Farragut Provides Mezzanine and Co-Investment

Incline Equity Partners Partners with Industrial Air Flow Dynamics

August 9, 2022

Industrial Services

Pittsburgh-based private equity firm Incline Equity Partners has partnered with Industrial Air Flow Dynamics (IAFD), a Cleveland, Texas–based provider of non-turbine maintenance solutions and replacement parts for power plants. Incline will support IAFD’s growth plans—bolstering product and service offerings, expanding testing/inspection and specialty welding capabilities, and pursuing an acquisition strategy to expand service capabilities and geography.

Audax Private Equity Announces Strategic Growth Investment in Flow Control Holdings

March 9, 2022

Manufacturing

Audax Private Equity completed a strategic growth investment in Flow Control Holdings (FCH), a Chicago-based provider of sanitary and high-purity flow components serving food, beverage and pharmaceutical producers. The transaction follows The Edgewater Funds' sale of its ownership interest in FCH; Phil Pejovich will continue to lead the company alongside the existing management team.

Ingersoll Rand Acquires Controlled Fluidics and Ethafilter s.r.l.

April 3, 2024

Manufacturing

Ingersoll Rand Inc. has closed two acquisitions: Controlled Fluidics, a U.S.-based thermoplastic bonding and custom plastic assembly specialist serving life sciences and other high-growth end markets, and Ethafilter s.r.l., an Italy-based producer of filters and filter elements for the compressed air sector. The deals expand Ingersoll Rand's product portfolio and aftermarket capabilities, strengthening its position in life sciences, sterile filtration, and air treatment markets.

Flow Control Holdings (Audax PE) Acquires Strahman Holdings from CID Capital

July 19, 2023

Manufacturing

Flow Control Holdings, a portfolio company of Audax Private Equity, has acquired Strahman Holdings from Indianapolis-based private equity firm CID Capital II. Strahman, a Bethlehem, Pennsylvania-based manufacturer of washdown equipment, sampling valves and valve automation serving pharmaceutical, food & beverage and industrial markets, will join Flow Control’s platform as an add-on to expand product capabilities and end-market coverage.

Apex Group Acquires Flow (FTS Tech, Inc.)

April 8, 2025

Cloud & SaaS

Apex Group Ltd. has acquired FTS Tech, Inc. (trading as Flow), a private-markets SaaS platform that streamlines fund management, onboarding, and investor engagement. The acquisition (Flow brings ~15 employees and $17bn AUA) integrates Flow's technology into Apex's fund administration and middle-office services to expand digital capabilities and deliver an end-to-end private markets infrastructure.

FINSIGHT Acquires Credit Flow Research

January 6, 2025

Data & Analytics

FINSIGHT, a provider of institutional capital markets technology and market data, has acquired Credit Flow Research (CFR), a specialist provider of new-issue research and real-time pricing data for the US investment grade and high-yield corporate bond markets. The deal expands FINSIGHT's API and new-issue monitoring capabilities and adds commentary, deal-flow analysis, and historical pricing to better serve issuers, institutional investors and broker-dealers.