Legacy Ventures Group Acquires Fargo Engineering Inc.

Lincoln Electric Acquires RedViking

April 1, 2024

Industrial Services

Lincoln Electric Holdings, Inc. has acquired RedViking, a privately held automation system integrator headquartered in Plymouth, Michigan. The purchase expands Lincoln Electric's automation and testing capabilities—adding AGVs, mobile robots, custom assembly and dynamic test systems plus proprietary MES software—and extends its reach in aerospace & defense and transportation markets; RedViking generates roughly $70 million in annual revenue and its results will be reported in Lincoln's Americas Welding Segment.

Bessemer Investors Acquires Legacy Restoration

August 9, 2021

Construction

Bessemer Investors, a New York-based investment firm, has acquired Legacy Restoration, a Plymouth, Minnesota-headquartered provider of exterior restoration and remodeling services. The deal provides liquidity to selling shareholders and growth capital to support Legacy's organic expansion and M&A strategy while founder and CEO Scott Mullins and management remain in place; financial terms were not disclosed.

Fusion Capital Partners Acquires Excel Engineering, Inc.

January 6, 2026

Industrial Services

Los Angeles-based private equity firm Fusion Capital Partners has acquired Excel Engineering, a Diagonal, Iowa-based testing and certification firm that provides engine, powertrain, battery and emissions testing services to OEM and industrial customers. The transaction (terms undisclosed) is positioned as a growth-oriented, capability-expanding platform investment to scale Excel's testing capacity, capabilities and talent; Monroe Capital acted as a joint lead arranger on the senior credit facility supporting the deal.

Consolidated Equipment Group Acquires Agile Manufacturing Group

October 1, 2024

Manufacturing

Consolidated Equipment Group (CEG), a portfolio company of Dominus Capital, has acquired Agile Manufacturing Group, LLC, a Granite, Iowa-based maker of agricultural, industrial and construction attachments marketed under the GrabTec and Miller Loader brands. The deal is an add-on to CEG's platform to broaden its product suite and expand into adjacent material-handling end markets; Agile founder Mike Feilmeier will remain in leadership as Vice President of Agile Products.

JF Group Acquires Maverick Petroleum Services

August 1, 2025

Industrial Services

The JF Group has acquired Maverick Petroleum Services, an Arizona-based petroleum service contractor specializing in installation, maintenance and repair of fueling equipment, POS systems, and environmental testing. The deal expands JF's footprint across the Southwest and enables the company to provide statewide 24/7 service coverage in Arizona.

AGCO Acquires Appareo Systems

December 21, 2021

Manufacturing

AGCO has agreed to acquire Appareo Systems, a Fargo-based provider of software engineering, hardware development and electronic manufacturing, to strengthen AGCO's engineering and manufacturing capabilities and expand its software and hardware development capacity. The acquisition, announced December 21, 2021, is expected to close in January 2022, and AGCO intends to retain Appareo's team and operations in Fargo, North Dakota and Paris, France.