MECOTEC Acquires Zimno Tech, Restore Hyper Wellness' Polish Manufacturing Unit

Gentherm Acquires Innovative Medical Equipment, LLC

July 25, 2026

Medical Devices

Gentherm (NASDAQ: THRM) has acquired Innovative Medical Equipment, LLC (IME), a Cleveland-area provider of the ThermaZone non-opioid thermal therapy device. The deal is intended to strengthen Gentherm’s Medical business by expanding its medical product portfolio, technology platform, and customer channels.

Andra Tech Group (backed by Castik Capital) Acquires Innotec Zerspanungstechnik GmbH

November 11, 2024

Manufacturing

Andra Tech Group has acquired 100% of Innotec Zerspanungstechnik GmbH, a precision-machining manufacturer based in Sinsheim, Germany; financial terms were not disclosed and managing directors Jörg and Björn Leichenich will remain in place. Innotec’s ~75 employees serve medical, optics, high-tech systems and semiconductor customers; the acquisition expands Andra Tech Group’s German footprint and capabilities and is supported by funds managed by Castik Capital, which acquired a majority stake in Andra Tech Group in September 2024.

CoolSys Acquires Mechanical Engineering & Construction Corporation (MEC2)

October 1, 2024

HVAC & Mechanical

CoolSys has acquired Mechanical Engineering & Construction Corporation (MEC2), a Maryland- and Virginia-based mechanical engineering and construction firm. The acquisition strengthens CoolSys's commercial and industrial capabilities while deepening its presence in the Mid-Atlantic region.

MIRATECH Acquires Powertherm Maxim

February 16, 2023

Manufacturing

MIRATECH Group, LLC has acquired Powertherm Maxim, a Houston-based manufacturer of industrial reciprocating engine silencers, exhaust and intake systems, and related accessories, from the Nesloney family. The deal expands MIRATECH's manufacturing capacity (adding a 100,000 sq. ft. Houston fabrication shop), broadens its product portfolio and customer reach across power generation, energy infrastructure, marine and industrial markets.

Level 5 Capital Partners Invests $8M in Restore Hyper Wellness + Cryotherapy

June 24, 2020

Healthcare Services

Level 5 Capital Partners made an $8 million growth investment in Restore Hyper Wellness + Cryotherapy to accelerate the company's national and international expansion and fund innovation across services and Restore Labs. As part of the transaction, Level 5's Chris Kenny will join Restore's board; Restore has grown rapidly (surpassing 50 locations) and plans to scale further through franchising and new formats.

BlackBern Partners Acquires Zentech Manufacturing

May 13, 2019

Manufacturing

BlackBern Partners LLC has acquired Zentech Manufacturing, Inc. in partnership with Zentech management and incoming CEO Steve Pudles. The private equity-backed deal positions Zentech to accelerate growth as a leading electronics manufacturing services (EMS) provider serving defense, aerospace, medical and other high-reliability markets, with management staying in place and Matt Turpin remaining as an advisor and investor.