GCG (Audax Group Portfolio) Acquires Neff Power, Inc.

Rexel to Acquire GCG from Audax Private Equity

September 25, 2026

Logistics & Distribution

Rexel agreed to acquire GCG from Audax Private Equity in a transaction valuing GCG at approximately $1.4 billion. Chicago-based GCG distributes specialty wire, cable, connectivity and power products and provides engineered solutions for critical infrastructure markets; it has approximately 950 employees and expects 2026 revenue to exceed $1.1 billion. The deal is expected to close by year-end 2026, subject to customary regulatory approvals and closing conditions.

NRG Controls Acquires Nexgen Automation

March 11, 2026

Industrial Services

NRG Controls, a portfolio company of Fort Point Capital, announced its acquisition of Nexgen Automation, a regional building automation systems integrator serving Central and Eastern Pennsylvania. The combined companies aim to broaden Nexgen Automation’s service offering to include security, fire and life safety, and lighting, while expanding engineering, technical support, and project delivery resources.

GCG Acquires Paige Electric

September 13, 2022

Industrial Services

GCG has acquired Paige Electric, a value-added wire and cable solutions provider founded in 1958 and headquartered in Mountainside, New Jersey. The acquisition expands GCG's national distribution footprint and adds Paige's engineering, design and sector expertise across precision agriculture, irrigation, data communications, renewables and general industrial markets.

MTN Capital Partners and Argosy Private Equity Acquire Global Power Products

January 13, 2022

Manufacturing

MTN Capital Partners and Argosy Private Equity acquired AM-GPP Holdings, LLC d/b/a Global Power Products on December 30, 2021, in partnership with the company’s founders. The investment will provide capital and operational support to expand GPP’s product development and marketing efforts across its commercial, industrial and residential end markets.

Genuine Cable Group Acquires ACD (Advanced Controls & Distribution)

September 13, 2021

Industrial Services

Genuine Cable Group (GCG), a value-added wire and cable and connectivity solutions provider, has acquired ACD – Advanced Controls & Distribution, a regional provider of industrial automation, controls, and robotics solutions serving western Pennsylvania, West Virginia and eastern Ohio. The acquisition expands GCG’s industrial automation capabilities and sales coverage, complementing its existing automation businesses (including Empire and C&E Advanced Technologies).

CORE Industrial Partners Acquires CGI Automated Manufacturing

August 12, 2021

Manufacturing

Chicago-based private equity firm CORE Industrial Partners acquired CGI Automated Manufacturing, a precision sheet metal fabrication provider based outside Chicago. CORE plans to partner with CGI's management to accelerate automation and digitization, expand geographic reach and manufacturing capabilities, and pursue complementary add-on acquisitions.