Fernandez Holdings Acquires Kash-LAX (Kash CA, L.A.X. Firing Range, Xtreme Bullets)

Relyans International Acquires KAMAX Inc.

October 1, 2025

Manufacturing

KAMAX Inc., the North American subsidiary of KAMAX International GmbH, has been acquired by Relyans International, LLC, a subsidiary of Hongji Global. Angle Advisors served as the exclusive investment banking advisor to KAMAX in completing the transaction.

RapidFire Safety & Security Acquires Tri-X

June 19, 2025

Electrical Services

RapidFire Safety & Security, a fire, life safety and electronic security platform backed by Concentric Equity Partners, has acquired Tri-X, a 37-year-old low-voltage fire and security systems integrator headquartered in San Dimas, California. The deal expands RapidFire's service capabilities and strengthens its footprint across Southern California as the company's continued buy-and-build growth in the region.

KLH Capital Recapitalizes Undisclosed Precision Tank & Cylinder Manufacturer

September 8, 2021

Manufacturing

KLH Capital completed a recapitalization of a Midwest-based precision tank and cylinder manufacturer in September 2021. Generational Equity advised the seller; the investment will provide growth capital and support succession planning while the company continues to serve top-tier OEM customers across consumer, defense and industrial end markets.

Fenix Group Acquires TCI Coatings, Inc.

September 1, 2021

Manufacturing

Fenix Group has acquired TCI Coatings, Inc., a Lubbock, Texas-based manufacturer of specialty and high-performance industrial coatings, to expand Fenix’s manufacturing, warehousing and regional distribution footprint. The acquisition strengthens Fenix’s industrial product portfolio and fills geographic and product gaps in Texas and surrounding states; Tonka Bay Equity Partners is referenced in the announcement as the private equity sponsor associated with Fenix.

Warburg Pincus and Tilia Acquire FlexXray from Levine Leichtman Capital Partners

July 26, 2021

Food & Beverage

Warburg Pincus and Tilia Holdings have acquired FlexXray, a leading provider of x-ray inspection and recovery services for the food industry, from Levine Leichtman Capital Partners. The investment is intended to support FlexXray's growth and expansion of its food-safety inspection capabilities and geographic reach; financial terms were not disclosed.

ECT, LLC Acquires Bullseye Media

October 29, 2020

Marketing & Advertising

McKinney, Texas-based marketing communications firm Bullseye Media has been acquired by independent investor ECT, LLC. As part of the transaction ECT Managing Partner Ernie Cote was named CEO of Bullseye Media; TobinLeff served as the M&A advisor to Bullseye.