Foundation Investment Partners Acquires Weiss Instruments LLC

Foundation Investment Partners Recapitalizes W.A. Jones

August 8, 2019

Transportation

Foundation Investment Partners (FIP), a Cleveland-area private equity firm, recapitalized W.A. Jones, a truck equipment distributor and upfitter based in Whitley County, Indiana. The deal provides owner liquidity and growth capital to support systems, people and expansion; terms were not disclosed.

Focus Financial Partners to Acquire Strategic Wealth Partners Group for Kovitz Hub

April 2, 2024

Financial Services

Focus Financial Partners has entered into a definitive agreement for its partner firm Strategic Wealth Partners Group, LLC (SWP) to formally join the Focus “hub” firm Kovitz Investment Group Partners, LLC. The transaction is expected to close in Q2 2024 subject to customary closing conditions, creating a combined firm expected to manage over $14.5 billion in regulatory assets under management.

Fieldpiece Instruments Acquires Fieldpiece Australia Master Distributor

November 12, 2024

Manufacturing

Fieldpiece Instruments Inc. has acquired its Australian master distributor, Fieldpiece Australia, from long-time owners Steve and Vicki Hartelust as the couple retires. The acquisition establishes a direct corporate presence in Australia (based outside Sydney) and lays the foundation for further Asia‑Pacific expansion while the Hartelusts assist with the transition and Fieldpiece hires local management.

Foundation Investment Partners Acquires Spartan Tool Supply

March 11, 2024

Industrial Services

Foundation Investment Partners has acquired Spartan Tool Supply, a Columbus, Ohio-based distributor of industrial power tools and equipment. Spartan will continue to operate autonomously under new CEO Derek Elbaor with support from FIP to expand the team, enter new markets and grow the business.

Fortress Investment Group Acquires Infra Pipe Solutions

December 3, 2024

Manufacturing

Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Infra Pipe Solutions (IPS), a North American manufacturer of HDPE pipes and structures. Wynnchurch Capital exited the company; IPS management retained a minority stake and Fortress plans to invest to expand capacity and capture strong infrastructure demand across water, telecom and mining markets.

Wealthspire (NFP) Acquires Judith Heft & Associates

September 16, 2024

Financial Services

Wealthspire Holdings LLC, parent of Wealthspire Advisors and an NFP company, has acquired Judith Heft & Associates, a women-owned firm providing high-touch lifestyle and bill-pay services to affluent clients. The acquisition expands Wealthspire's holistic wealth and family office offering by adding dedicated lifestyle and bill-pay capabilities to better serve high-net-worth families.