Nova Capital Management and Landon Capital Partners Acquire Walbro Co. Ltd.

Nova Capital Acquires BMP Group and RB Medical from Andrew Industries

October 2, 2026

Manufacturing

Nova Capital Management acquired the BMP Group of companies and RB Medical from Andrew Industries. The businesses will continue operating under their existing management structures, with Nova providing strategic, financial, and operational support and pursuing opportunities for investment, product innovation, and long-term growth.

Active Dynamics Group Acquires First Brands’ Walbro Business for $50 Million

March 10, 2026

Industrial Services

First Brands, a U.S. auto parts maker in bankruptcy, agreed to sell its Walbro business line to Canada-headquartered Active Dynamics Group for $50 million. The transaction is intended to support First Brands’ bankruptcy restructuring and address fraud-related claims, and is expected to preserve 600 jobs across Michigan, Arizona, and Los Mochis (Mexico).

Braemont Capital Acquires Loenbro from Tailwind Capital

February 1, 2024

Industrial Services

Braemont Capital has acquired Loenbro, LLC, a Westminster, Colorado-based provider of specialized electrical, mechanical, structural, instrumentation and inspection services across data center, infrastructure and industrial markets, from Tailwind Capital. The privately held deal (terms not disclosed) positions Loenbro for continued organic growth and M&A-driven expansion under Braemont's ownership.

Cerberus Capital Management Acquires Stanadyne LLC

September 14, 2023

Automotive

Cerberus Capital Management has acquired Stanadyne LLC and led an investor group that provided a $35 million capital infusion to strengthen the company's balance sheet. Stanadyne, a global designer, manufacturer and remanufacturer of engine fuel and air management systems, will use the capital and Cerberus' backing to invest in engine innovation, expand capabilities, and pursue strategic growth opportunities.

Walbro Acquires Cascade Engineering's Powersports Business

November 30, 2022

Manufacturing

Walbro LLC, a portfolio company of Nova Capital Management and Landon Capital Partners, has acquired the Powersports business and assets of Cascade Engineering's South facility in Grand Rapids, Michigan. Walbro will continue operations at the 50,000-square-foot site and retain the existing team; Cascade sold the unit to focus on its large-tonnage business.

Crown Capital Investments Acquires Nova Marketing, LLC

December 23, 2021

Logistics & Distribution

Atlanta-based private equity firm Crown Capital Investments has acquired Nova Marketing, LLC, a St. Louis-headquartered warehousing, kitting and fulfillment provider. Crown said the deal adds a central U.S. operation to its national warehousing, kitting and fulfillment network and creates synergies with its distribution solutions portfolio.