Stonehenge Partners Acquires PPM Technologies

Duravant Acquires PPM Technologies from Stonehenge Partners

July 24, 2023

Manufacturing

Duravant LLC, a global engineered equipment and automation solutions provider, has acquired PPM Technologies from Stonehenge Partners. The acquisition adds PPM’s conveying, coating, and thermal food-processing equipment to Duravant’s portfolio — complementing Key Technology and enhancing Duravant’s ability to offer turnkey, integrated processing lines and expanded aftermarket services.

SRM Equity Partners Partners with Stone Enterprises

September 22, 2025

Manufacturing

SRM Equity Partners has made a strategic investment in Stone Enterprises, a precision manufacturer of aftermarket parts and equipment for the food processing industry, with founder Tracy Stone retaining a meaningful equity stake and remaining as CEO. The partnership will provide operational resources and capital to scale the business, expand solutions, invest in technology, and pursue strategic acquisitions across North America.

Platform Partners Acquires Progressive Pipeline Management (PPM)

November 21, 2024

Infrastructure

Platform Partners, LLC has acquired Progressive Pipeline Management (PPM), a trenchless pipeline rehabilitation contractor that specializes in cured-in-place lining for natural gas distribution pipelines. Commonwealth M&A served as exclusive sell-side advisor and the deal provides PPM with financial and strategic backing to support growth and innovation.

Stonehenge Partners Partners with The Sports Facilities Companies

October 4, 2022

Professional Services

Ohio-based private equity firm Stonehenge Partners has made a minority/growth investment in The Sports Facilities Companies (SFC) to support the company's expansion of services, technology, and talent. SFC will continue to be led by its co-founders and existing executive team, who will retain a significant ownership stake as the firm scales its facility management, planning, and events business across the United States.

American Securities Acquires CPM Holdings

November 16, 2018

Manufacturing

American Securities LLC has closed its acquisition of CPM Holdings, Inc., a global designer and manufacturer of engineered process equipment for animal feed, oilseed processing, extrusion and thermal processing. The transaction was completed in partnership with CPM's management team; financial terms were not disclosed. CPM, headquartered in Waterloo, Iowa, has more than 1,000 employees and serves a global customer base across North America, Europe, Asia and Latin America.

American Securities Acquires CPM Holdings Inc.

November 30, 2020

Manufacturing

American Securities LLC has closed its acquisition of CPM Holdings Inc., partnering with CPM's management team; financial terms were not disclosed. CPM, headquartered in Waterloo, Iowa, is a global supplier of engineered process equipment for the animal feed, oilseed processing, extrusion and thermal processing markets, and American Securities plans to invest in product innovation, geographic expansion and aftermarket growth.