PedalPoint Holdings (Korea Zinc-backed) Acquires MDSi

Korea Zinc (via Pedalpoint) Acquires Kataman Metals

April 9, 2024

Industrial Services

Korea Zinc, through its U.S. subsidiary Pedalpoint Holdings, has acquired Kataman Metals, a St. Louis-based global scrap metal trader, for USD 55 million. The deal secures long-term scrap metal feedstock to support Korea Zinc's planned copper production expansion and advances its recycling/resource-circulation strategy; Brown Gibbons Lang served as advisor to Korea Zinc in the transaction.

General Datatech Acquires MDS Global IT

September 24, 2024

IT Services

General Datatech (GDT), a portfolio company of HIG Capital, has acquired MDS Global IT to expand GDT’s collaboration and contact center capabilities, including Cisco Unified Collaboration and Unified Contact Center Enterprise expertise. The acquisition adds MDS’s customers across healthcare, retail, banking, technology, and manufacturing to GDT’s client base and strengthens GDT’s global service delivery and scale. Kratos Capital acted as exclusive M&A advisor to MDS; the deal closed on September 24, 2024.

DartPoints Acquires Metro Data Centers

October 28, 2020

Telecommunications

DartPoints, a Dallas-based owner and operator of edge colocation data centers, has acquired Metro Data Centers (MDC), a carrier-neutral data center provider in Dublin, Ohio. The acquisition expands DartPoints' regional footprint and adds over 22,000 square feet of colocation and carrier-neutral interconnection capacity to support cloud and content service providers in Central Ohio.

Hg Acquires MDT Software

August 4, 2021

Software

Hg has completed an investment in MDT Software, a provider of version control and change management software for automated industrial environments, with the former majority owner (Desco Corporation) exiting. Headquartered in Alpharetta, Georgia, MDT will be aligned with Hg portfolio company Auvesy to form a global partner for industrial automation software; the transaction was made from Hg’s Mercury 3 Fund (terms not disclosed).

M&D Acquires DSS ProDiesel Partners, LLC (ProDiesel)

December 16, 2024

Industrial Services

M&D, a U.S.-based aftermarket diesel parts distributor and remanufacturer, has acquired DSS ProDiesel Partners, LLC (ProDiesel), a fuel injector remanufacturer for Class 7 and 8 engines. The deal adds two Tennessee branches (Nashville and Johnson City), expands M&D's national footprint and strengthens its fuel-injection remanufacturing capabilities across North America.

Gridiron Capital Acquires Magneto & Diesel (M&D) from Warren Equity Partners

September 1, 2022

Industrial Services

Gridiron Capital has acquired Magneto & Diesel Holdings, LLC (M&D), a value-added distributor and remanufacturer of diesel engine aftermarket parts based in Humble, Texas, from Warren Equity Partners. The investment positions M&D for accelerated organic and acquisitional growth across the fragmented diesel engine aftermarket serving trucking, agriculture, marine and infrastructure end markets.