Howden Acquires Compressor Products International (CPI)

Cooper Machinery Services Acquires ACI Services, Inc.

January 21, 2025

Industrial Services

Cooper Machinery Services, a portfolio company of Arcline Investment Management, has acquired ACI Services, Inc., a longtime provider of engineered solutions and hardware for reciprocating compressors. The deal strengthens Cooper's compressor engineering, aftermarket parts and service capabilities and expands its ability to serve energy and industrial customers.

Chart Industries Acquires Howden from KPS Capital Partners

November 9, 2022

Industrial Services

Chart Industries, Inc. signed a definitive agreement to acquire Howden from affiliates of KPS Capital Partners, LP for $4.4 billion, funded via cash and newly created preferred stock. The deal was expected to close in the first half of 2023, and KPS later announced completion of the sale.

Howden Maintenance Partners Acquires Assets of Turbine Europe

March 28, 2022

Industrial Services

Howden subsidiary Maintenance Partners (a KPS-backed portfolio company) acquired the assets of Turbine Europe to expand its turbomachinery service offering. The transaction is an add-on to Maintenance Partners’ platform to add new turbine-related services.

Howden Group Acquires Spencer Turbine

October 5, 2021

Manufacturing

Howden Group has acquired The Spencer Turbine Company, a Windsor, Connecticut-based manufacturer of vacuum systems, gas pressure boosters and industrial blowers. The acquisition expands Howden’s product capabilities in industrial and wastewater treatment markets and provides Spencer Turbine access to Howden’s global distribution network to accelerate growth in North America, China, South America and Europe.

Atlas Copco Acquires CPC Pumps International Inc.

August 5, 2021

Manufacturing

Atlas Copco has acquired CPC Pumps International Inc., a Burlington, Ontario-based designer, manufacturer and servicer of custom-engineered centrifugal pumps. CPC Pumps (110 employees; ~MSEK 385 in FY2020) will join Atlas Copco's Gas & Process division within the Compressor Technique business area to add complementary pump technology and strengthen its market position in North America.

Allied Power Group Acquires Combustion Parts Inc.

August 17, 2020

Manufacturing

Allied Power Group (APG) has acquired Combustion Parts Inc. (CPI), a provider of combustion components for heavy-frame industrial gas turbines. CPI founder Lori Jenks has joined APG as the companies integrate CPI's combustion hardware capabilities into APG's global service offering to expand product breadth for power generation, refining, pipeline and industrial customers.