Afinitas Acquires Haala Industries

Afinitas Acquires Concrete Equipment Assets of Elk River Machine Company (ERMC)

October 25, 2024

Manufacturing

Afinitas has acquired the concrete machinery and forming systems assets and related intellectual property of Elk River Machine Company (ERMC) from ERMC parent Hutchinson Manufacturing, LLC. The deal brings ERMC product lines (wire mesh benders, rollers, cage expanders, wetcast/drycast forms and retaining wall systems) and design talent into the Afinitas platform to expand its concrete equipment and forming systems offering.

Hilti Acquires Assets of Concrete Sensors

March 11, 2020

Industrial Services

Hilti has acquired substantially all assets of Concrete Sensors, a Boston-based provider of wireless concrete sensors, cloud software and testing lab services that monitor concrete curing. The deal extends Hilti's digital IoT portfolio and integrates Concrete Sensors' team and technology into Hilti's construction productivity offerings.

Paceline Equity Partners Affiliate Acquires AHF Products from American Industrial Partners

February 2, 2022

Building Products

An affiliate of Paceline Equity Partners has agreed to acquire AHF Products, the largest hardwood flooring manufacturer in North America, from American Industrial Partners. The deal — announced November 10, 2021 and closed in February 2022 — will position Paceline to grow AHF organically and via M&A while leveraging the company's manufacturing footprint and multi-channel distribution.

Alta Equipment Group Acquires Hilo Equipment & Services

June 18, 2020

Industrial Services

Alta Equipment Group Inc. has entered into a definitive agreement to acquire Hilo Equipment & Services, a privately held material handling equipment distributor with three branches in the New York City metro area. Hilo generated approximately $50 million in revenue and $3.0 million of Adjusted EBITDA in FY2019; the acquisition expands Alta's footprint in the northeastern United States and strengthens its OEM partnerships and service capabilities.

Heidelberg Materials Acquires The SEFA Group, Inc.

April 24, 2023

Building Products

Heidelberg Materials (North America) has entered into a definitive agreement to acquire The SEFA Group, Inc., the largest recycler of harvested fly ash sold for use in concrete products in the United States. Based in Lexington, South Carolina, The SEFA Group operates 20 locations with five business units and more than 500 employees, and the acquisition strengthens Heidelberg's cementitious footprint and sustainable product offerings in the Southeastern U.S.

Afinitas Acquires RJ Watson, Inc.

October 17, 2025

Manufacturing

Afinitas, the Afinitas platform backed by BW Forsyth Partners, has acquired RJ Watson, Inc., a Buffalo-area manufacturer of bridge bearings, seismic isolation devices and expansion joint systems. The deal expands Afinitas' capabilities beyond precast concrete into bridge, highway and heavy construction markets as an add-on to its infrastructure platform.