Motion Solutions Acquires Ibex Engineering

Motion & Control Enterprises Acquires Ives Equipment Corporation

June 4, 2024

Industrial Services

Motion & Control Enterprises (MCE) has acquired Ives Equipment Corporation, a King of Prussia, Pennsylvania-based distributor of process valves and instrumentation. The acquisition expands MCE's Mid-Atlantic distribution and service capabilities; MCE is PE-backed by Frontenac, which is noted in the announcement.

BBI Solutions Acquires IBEX Technologies Inc.

April 8, 2024

Biotechnology

BBI Solutions OEM Limited has acquired IBEX Technologies Inc., a Montreal-based developer and manufacturer of high-precision enzymes and diagnostic solutions, with the transaction closing on April 8, 2024. The acquisition expands BBI's recombinant protein and enzyme capabilities to better serve in-vitro diagnostics (IVD) manufacturers and brings IBEX's staff and contract-manufacturing capabilities into BBI's global operations.

Novanta Inc. Acquires Motion Solutions

November 14, 2023

Manufacturing

Novanta Inc. has agreed to acquire Motion Solutions for $189 million in cash, a provider of high-precision, customized motion subsystems and components for medical, life sciences, and advanced industrial OEMs. The acquisition (completed) expands Novanta's capabilities and presence in precision medicine, lab automation, medical robotics and related end markets; Motion Solutions is headquartered in Irvine, California and has over 110 employees and expected 2023 revenue of ~$85 million.

Motion & Control Enterprises Acquires Applied Industrial Controls and Engineered Systems Group

November 2, 2023

Industrial Services

Motion & Control Enterprises (MCE), a Frontenac‑backed industrial distributor and service platform, acquired Buford, Georgia‑based Applied Industrial Controls, Inc. (AIC) and Engineered Systems Group, LLC (ESG). The add‑on acquisitions expand MCE’s automation, controls distribution, and systems integration capabilities and provide entry into southeastern U.S. industrial and water/wastewater end markets.

Audax Private Equity Acquires Solve Industrial Motion Group from Incline Equity Partners

July 8, 2021

Manufacturing

Audax Private Equity acquired a controlling interest in Solve Industrial Motion Group from Incline Equity Partners in July 2021. Solve, a Charlotte-based manufacturer and value-added supplier of bearings and power transmission components, will partner with Audax to pursue global expansion and buy-and-build growth initiatives.

Motion Solutions (Frontenac) Acquires nPoint

January 21, 2020

Manufacturing

Motion Solutions, majority-owned by private equity firm Frontenac, has acquired nPoint, a Middleton, Wisconsin-based provider of high-precision nanopositioning systems. The deal expands Motion Solutions' precision positioning and nanopositioning product portfolio for OEM customers in life sciences, medical equipment and technology markets; terms were not disclosed.