Reel Power Industrial (Praesidian Portfolio) Acquires Novatec's Downstream Extrusion Equipment Product Line

Praesidian Capital Makes Strategic Equity Investment in Reel Power International

December 28, 2023

Manufacturing

Praesidian Capital, a private equity firm based in Oklahoma City, announced a strategic equity investment in Reel Power International, a manufacturer of capital equipment for material handling and control serving industrial, marine, and energy markets. The investment is intended to support Reel Power's growth initiatives and product development while partnering with management to expand the business.

StoneTree Investment Partners Acquires Reel Power International

December 11, 2025

Manufacturing

StoneTree Investment Partners has acquired Reel Power International, an Oklahoma City–based manufacturer of engineered winding, spooling, and material-handling equipment, from Praesidian Capital (with prior partnership involvement from Dubin Clark). The investment will support scaling of automation and systems offerings, continued investment in aftermarket parts and service, and operational improvements across Reel Power's Oklahoma City and Houston facilities; terms were not disclosed.

Belt Power (Platte River Equity Portfolio) Acquires Avtech Industrial Products

May 8, 2024

Industrial Services

Belt Power, a portfolio company of Platte River Equity, has acquired Avtech Industrial Products, a Phoenix-based distributor and fabricator of conveyor belts, motors, drives, hose & fittings and provider of installation and repair services. The acquisition expands Belt Power's footprint and service capabilities in the Phoenix/Southwest market, complementing its fabrication capabilities and technical sales organization.

Evantic Acquires Vertec Polymers, Inc.

January 10, 2023

Manufacturing

Evantic, a portfolio company of Edgewater Capital Partners, has acquired Vertec Polymers, a Houston-based designer and manufacturer of high-performance polymer materials including PEEK, PPS, PTFE and PFA. The acquisition expands Evantic's engineered components platform by adding polymer R&D, injection and hot-compression molding, and precision machining capabilities to better serve customers in the energy, life sciences, food & beverage and industrial markets.

Pexco LLC Acquires Exlon Extrusion, Inc.

June 1, 2020

Manufacturing

Pexco LLC, a North American specialty plastics extruder backed by AEA Investors, has acquired Exlon Extrusion, Inc., a Greensboro, North Carolina–based precision extruder of plastic tubing and recoil hose. The deal expands Pexco's capabilities in high-performance polymer (HPP) products and adds personnel, equipment and customer relationships across end markets such as telecommunications, pneumatics, textiles and automotive.

Innovex Acquires Pride Energy Services from Vault Pressure Control

August 22, 2021

Energy

Innovex Downhole Solutions acquired Pride Energy Services from Vault Pressure Control (a portfolio company of Pelican Energy Partners). Pride, headquartered in Midland, Texas, is a leading provider of ESP cable preparation and cable spooling services supporting Permian, Bakken and Alaska operations; the acquisition expands Innovex's artificial-lift and cable-management capabilities.