FMI Corporation Acquires SLATE Partners

Slate Technologies Acquires Splash Modular

April 26, 2022

Software

Slate Technologies, an AI software platform for the construction industry, has acquired Splash Modular, a North Carolina–based software designer focused on Industrialized Construction and DFMA. Splash will operate as part of Slate and its toolset will be integrated into Slate's Scripting as a Service (SCaaS) and digital assistant to expand Slate's industrialized construction capabilities.

Slate Capital Group Acquires Cumberland Diversified Metals

June 23, 2023

Industrial Services

Slate Capital Group, a private equity firm with offices in Baltimore, Nashville and Cincinnati, has acquired Cleveland-based Cumberland Diversified Metals, a value-added distributor and broker of specialty metals. The investment will add specialty metals distribution capabilities to Slate's lower-middle market portfolio and support Cumberland's growth plans across the U.S., Canada and Mexico.

Slate Asset Management Acquires Presima

June 14, 2022

Wealth Management

Slate Asset Management has completed the acquisition of Presima, a Montreal-based specialist investment manager focused on global real estate securities, adding approximately $1.1 billion in assets. The deal, which closed on June 10, 2022, brings a team of investment professionals to Slate and expands its public market real estate investing capabilities in North America.

SLR Acquires Forte Dynamics and Forte Analytical

October 15, 2025

Engineering Services

SLR has acquired Forte Dynamics and Forte Analytical, two U.S.-based mining engineering and metallurgical testing specialists headquartered in Fort Collins, Colorado. The acquisition strengthens SLR's North American mining capabilities—particularly heap leach design and metallurgical laboratory services—and expands its offering in critical minerals and battery metals markets.

Gladstone Investment Corporation and Slate Capital Group Acquire Horizon Facilities Services

June 28, 2019

Staffing & HR

Gladstone Investment Corporation partnered with Slate Capital Group and members of Horizon's executive management to acquire Horizon Facilities Services, a provider of outsourced labor solutions and commercial janitorial services headquartered in Allentown, Pennsylvania. Gladstone provided equity and senior secured debt to complete the transaction; the partnership will support Horizon's next phase of growth in the outsourced labor and facilities services market.

Michelin to Acquire Tex-Tech Industries; Arlington Spins Out FMI Industries

January 2, 2026

Aerospace & Defense

Arlington Capital Partners has entered into a definitive agreement to sell Tex-Tech Industries to Michelin, establishing FMI Industries as a new independent Arlington portfolio company spun out of Tex-Tech. Tex-Tech is a developer and manufacturer of proprietary engineered materials and solutions for aerospace, space & defense, and specialty industrial markets, while FMI will focus on reinforced composites for defense, space, and aerospace end markets.