Keystone Partners Completes Acquisition of Semiconductor Equipment Maker SSP

Prince Industries Acquires Keystone Precision & Engineering

September 4, 2024

Manufacturing

Prince Industries, a portfolio company of HC Private Investments, has acquired Keystone Precision & Engineering, a Pepperell, Massachusetts-based precision machining and assembly business. The add-on expands Prince's production capabilities and East Coast presence, strengthening its footprint in the aerospace, defense and medical end-markets; transaction terms were not disclosed.

SPS Companies Acquires ESP Specialty Steel Products from Lone Star Investment Advisors

October 10, 2022

Industrial Services

Lone Star Investment Advisors has sold its portfolio company ESP Specialty Steel Products LLC, a Houston-based master distributor of stainless steel products, to SPS Companies, Inc. of Manhattan, Kansas. The acquisition marks SPS's first entry into stainless steel markets and distribution; Montrose Advisors advised on the transaction and legal counsel was provided to both parties.

Kepler Capital Acquires Majority Stake in Service Station Vending Equipment, Inc.

May 17, 2022

Manufacturing

Kepler Capital Limited Partnership has acquired a majority ownership stake in Service Station Vending Equipment, Inc. (SSVE), a manufacturer and service provider of tire inflation air and vacuum vending machines headquartered in Elmont, New York. Kepler plans to partner with founder Bill McCabe (who will remain a minority owner) to accelerate growth and pursue an aggressive roll-up strategy to build a national air-vending platform.

Platform Partners Completes Minority Investment in Process Service Specialists

August 4, 2020

Industrial Services

Platform Partners LLC completed a minority equity investment in Process Service Specialists, LLC (PSS), a specialty mechanical contractor and turnaround services provider headquartered in Gonzales, Louisiana. Platform partnered with strategic co-investors Bruce Ross (OFS Energy Fund), Adam Zylman (Grey Owl Partners) and Dave Fanta to support PSS's continued growth, infrastructure investment and capability expansion while co-founders Keith Harrison and Roy Stilley remain in leadership roles.

Resilience Capital Partners Acquires TSS Technologies

January 3, 2019

Manufacturing

Resilience Capital Partners, a Cleveland-based private equity firm, has acquired TSS Technologies, a West Chester, Ohio-based provider of custom automation systems and contract manufacturing. Resilience said it will operate TSS as a new platform to expand capabilities in highly engineered automation solutions, with a focus on medical device and life sciences end markets; TSS's CEO Marc Drapp will remain in place.

PennSpring Capital Acquires PSST

July 26, 2018

Software

PennSpring Capital, a lower middle market private equity firm, acquired Professional Systems Software & Technology (PSST), a Louisville-based iPaaS provider serving K‑12 school districts, municipalities and corporate clients. The deal will fund product investment and expansion of PSST's customer footprint while preserving the company's mission and leadership team.