ITT Inc. Makes Minority Investment in CRP Technology and CRP USA

ITT Acquires Aerospace Contacts LLC for $31 Million

June 17, 2026

Aerospace & Defense

ITT Inc. has signed a definitive agreement to acquire Aerospace Contacts LLC, a privately held manufacturer of specialized, high-reliability contact systems and interconnect components, for $31 million. The acquisition is expected to close in the third quarter of 2026 and is intended to strengthen ITT’s Connect & Control Technologies supply chain resilience and growth in aerospace and defense.

KPS Capital Partners Acquires Crane Composites

January 3, 2025

Building Products

KPS Capital Partners has completed the acquisition of Crane Composites, a U.S.-based manufacturer of fiberglass-reinforced plastic (FRP) composite panels. Crane Composites operates multiple manufacturing sites (including Channahon, Illinois) and employs several hundred people; KPS will own and manage the business through its affiliated management entities.

Tiderock Companies Acquires GRP Alliance (to be Tiderock Composites)

November 15, 2024

Manufacturing

Tiderock Companies (OTC PINK: TDRK) completed the acquisition of GRP Alliance Limited — a UK company formed to acquire the assets of MTAG Composites — and will rebrand it as Tiderock Composites Limited. The Coningsby, Lincolnshire facility will be retained and continue producing ISO 9001–accredited phenolic, epoxy and polyester glass- and carbon-fiber reinforced plastic moldings for aerospace, marine, rail and entertainment markets.

ITT Inc. Acquires Micro-Mode Products

May 3, 2023

Aerospace & Defense

ITT Inc. acquired privately held Micro-Mode Products, a designer and manufacturer of high-bandwidth RF and hermetic connectors for defense and space applications, for approximately $80 million (closed May 2, 2023). The acquisition expands ITT's North America connectors platform within its Connect & Control Technologies segment, adding Micro-Mode's engineering capabilities, sole-source positions on U.S. defense programs, and a single manufacturing site near San Diego with ~170 employees and ~$26 million in 2022 revenue.

AIS Acquires CRP Subsea

November 15, 2022

Energy

AIS, a GCP-backed engineering and manufacturing group, has acquired CRP Subsea, a Skelmersdale-based specialist in polymer and syntactic foam buoyancy and protection products. The deal is an add-on to AIS’s platform that expands its subsea and offshore-wind capabilities and increases scale across the offshore energy and oil & gas markets.

Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc.

December 15, 2020

Manufacturing

Charger Investment Partners acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT), a Huntington Beach, California-based manufacturer of engineered composite structures. Charger will partner with ACPT's management and the Leslie family to accelerate growth and expand ACPT's leadership across defense, aerospace, automotive and marine end markets; financial terms were not disclosed.