Modineer Acquires Pulverman

AE Industrial Partners Acquires Powder Alloy Corporation

July 14, 2026

Industrial Services

AE Industrial Partners acquired Powder Alloy Corporation (PAC), a producer of highly engineered metallic, ceramic, and thermal spray powders used in mission-critical surface enhancement and joining applications. The acquisition establishes AE Industrial’s new U.S.-based specialty materials platform, and financial terms were not disclosed.

Cooper Machinery Services Acquires Plant Process Machine Works (PPMW)

July 11, 2025

Industrial Services

Cooper Machinery Services, a Houston-based provider of compression equipment and services, acquired Plant Process Machine Works (PPMW), a reciprocating compressor service and engineering firm formerly owned by Rotating Machinery Services, Inc. The acquisition expands Cooper’s reciprocating compression capabilities and strengthens its aftermarket repair, engineering, and field support offerings for OEM and non-OEM equipment.

CW Industrial Partners Acquires Mantaline Corporation

March 12, 2024

Manufacturing

CW Industrial Partners acquired Mantaline Corporation, a manufacturer of customized extruded elastomeric profiles used in automotive, heavy truck, and other industrial end markets. The transaction was completed March 1, 2024 and marks CWI’s first platform investment in 2024.

PMA Industries Acquires United Western Enterprises

November 15, 2023

Manufacturing

PMA Industries, a portfolio company of Ancor Capital Partners, has acquired United Western Enterprises, a Camarillo, California-based contract manufacturer specializing in photochemical etching and related value‑added services. The add-on expands PMA's photochemical etching capabilities and broadens its service offering to aerospace, defense, electronics and medical end markets; terms were not disclosed.

Regent Acquires Three Modine Automotive Businesses in Germany

September 6, 2023

Automotive

Modine has signed a definitive agreement to sell three of its German automotive businesses (located in Neuenkirchen, Pliezhausen and Wackersdorf) to affiliates of Regent, L.P. The businesses manufacture exhaust gas recirculation (EGR) coolers, radiators and charge air cooler modules and generated combined FY2023 revenue of $80–$90 million; the sale is part of Modine's strategy to focus on higher-margin technologies and is expected to close pending regulatory approval.

Modineer Acquires P-K Tool & Manufacturing

January 31, 2020

Manufacturing

Modineer Co., Inc., a Modineer Group company owned by Hall Capital and Westbourne Capital Partners, acquired P-K Tool & Manufacturing, a 75-year-old, family-owned precision metal components manufacturer based in Chicago, effective January 31, 2020. Terms were not disclosed; the deal is an add-on to Modineer intended to expand manufacturing capabilities and enter new end markets including power sports and additional automotive segments.