Akoya Capital (with Thayer Bancroft, PNC Mezzanine and Mertor) Acquires Alinabal

Akoya Capital Partners Acquires Star Plastics

February 2, 2022

Manufacturing

Akoya Capital Partners acquired Star Plastics, a Ravenswood, West Virginia-based custom plastics compounder, as the anchor investment for a new compounds buy-and-build platform. The transaction was supported with mezzanine subordinated debt and common equity from NewSpring Mezzanine and involved Trinity Investors as a partnering investor; Star Plastics (≈140 employees) will pursue organic growth and M&A to expand its capabilities and geographic reach.

Akoya Capital and Tecum Capital Acquire Primetac Corporation

July 30, 2019

Packaging

Akoya Capital Partners and Tecum Capital Partners acquired Primetac Corporation in partnership with the company's founders and management. The private equity investors plan to grow Primetac — a distributor of industrial packaging materials — by expanding sales coverage, service and product offerings and pursuing add-on acquisitions to build a national platform.

Alco Acquires Manth-Brownell

August 14, 2020

Manufacturing

Alco Manufacturing Corporation, a portfolio company of MiddleGround Capital, has acquired Manth-Brownell, a 60-year-old precision machine parts manufacturer based in Kirkville, New York. The add-on expands Alco's machining capabilities (adding over 100 multi-spindle screw machines and 50 CNC machines), broadens its customer base across aerospace, fluid power and industrial end markets, and strengthens scale and purchasing power.

Alinabal Group Acquires ERW, Inc.

March 25, 2024

Manufacturing

Alinabal Group has acquired ERW, Inc., a Putnam, Connecticut-based precision sheet metal fabricator and machined products manufacturer that has served the aerospace and medical device industries since 1985. The acquisition expands Alinabal Group's domestic manufacturing footprint and adds in-house welding, fabrication and machining capabilities to support OEM customers across aerospace, defense and medical end markets.

Boulden Holdings, LLC Acquires Ace Precision Industries, Inc.

November 11, 2025

Manufacturing

Boulden Holdings, LLC, a portfolio company of Edgewater Growth Capital Partners V, L.P., has acquired Ace Precision Industries, Inc., a family-owned precision machining business based in Akron, Ohio. The acquisition adds precision machining and hydrodynamic bearing capabilities to Boulden's wear-components platform, increasing capacity and creating cross-selling opportunities across aerospace, medical and transit end markets.

MiddleGround Capital Acquires Alco Manufacturing from Blue Point Capital Partners

January 4, 2019

Manufacturing

Blue Point Capital Partners sold its interest in Alco Manufacturing Corporation, LLC to MiddleGround Capital; terms were not disclosed. Alco, headquartered in Elyria, Ohio, is a precision turned metal components and fittings manufacturer serving OEM end markets (agriculture, construction, industrial and energy), and under Blue Point it expanded operations, completed add-ons and doubled earnings.