Truesdell Corporation Acquires HFST Division of DeAngelo Contracting Services

Strength Capital Partners Acquires Truesdell Corporation

April 15, 2021

Construction

Strength Capital Partners has acquired Truesdell Corporation, a Tempe, Arizona–headquartered provider of concrete infrastructure maintenance, repair and safety enhancement services. Terms were not disclosed; Strength will support Truesdell's growth through organic initiatives and a buy-and-build strategy supported by financing from First Merchants Bank, Northcreek Mezzanine and Midwest Mezzanine. Peninsula Capital Partners was the selling investor and D.A. Davidson served as financial advisor to Peninsula and Truesdell.

Thayer Infrastructure Services Acquires Dynetek Solutions, LLC

December 7, 2023

Infrastructure

Thayer Infrastructure Services, LLC completed the acquisition of Dynetek Solutions, LLC, a Charlotte-based provider of horizontal directional drilling and underground utility installation services. Dynetek's founder Shenar Wood will continue to oversee the business as it is integrated into the TIS platform, which is owned by private equity firm Calera Capital; the deal expands TIS's capabilities in the utility, telecommunications, and renewable energy markets in the Southeastern U.S.

Trudela Partners (Coltala Holdings) Acquires North Texas Heating & Air Conditioning and Big Bear Air Conditioning & Heating

March 19, 2020

HVAC & Mechanical

Coltala Holdings' home-services platform Trudela Partners acquired two Dallas–Fort Worth residential HVAC businesses — North Texas Heating and Air Conditioning (Denton) and Big Bear Air Conditioning and Heating (Frisco) — expanding Trudela's coverage in the Metroplex. The add-ons strengthen Trudela's residential service footprint and technician capacity across the northern corridor of the DFW market.

Fortress Transportation and Infrastructure Investors (FTAI) Acquires Transtar, LLC from United States Steel

June 8, 2021

Transportation

Fortress Transportation and Infrastructure Investors LLC (FTAI) agreed to acquire United States Steel Corporation’s rail operating subsidiary, Transtar, LLC, for $640 million, with the transaction expected to close in Q3 2021 subject to regulatory approvals. FTAI and U.S. Steel will also enter a 15-year exclusive strategic rail services agreement (with minimum volume commitments for the first five years), providing FTAI with long-term contracted revenue and opportunities to grow third-party rail services and ancillary businesses.

Amsted Seals and Forming Acquires Triseal Corporation

May 26, 2020

Manufacturing

Amsted Seals and Forming, a division of Amsted Industries, has acquired Triseal Corporation, a family-owned aftermarket truck components manufacturer based in Hebron, Illinois. The acquisition expands Amsted's wheel-seal product offering and strengthens its position in the heavy-duty truck aftermarket.

Halle Capital-backed True Environmental Acquires Triton Environmental, Inc.

May 22, 2024

Environmental Services

True Environmental, a platform backed by Halle Capital, has acquired Triton Environmental, Inc., a full-service environmental consulting and engineering firm based in Guilford, Connecticut. The deal is an add-on to True’s platform to expand capabilities and accelerate growth while providing a liquidity pathway for Triton’s ownership; Triton’s founder Chris Marchesi will remain during a transition period.