ASC Engineered Solutions Acquires Trenton Pipe Nipple Company

ASC Engineered Solutions Acquires Ward Manufacturing

February 2, 2024

Manufacturing

ASC Engineered Solutions (Oak Brook, IL) has acquired Ward Manufacturing (Blossburg, Pennsylvania) from Proterial America, Ltd., a subsidiary of Proterial, Ltd. The acquisition adds Ward's pipe-joining components and WARDFlex corrugated stainless steel tubing to ASC's product portfolio, expanding ASC's capability and product offering across construction, industrial, fire protection and oil & gas end markets.

GenNx360-backed Shenandoah Acquires Nu-Pipe

September 9, 2025

Infrastructure

Shenandoah, a GenNx360 Capital Partners portfolio company, has acquired Nu-Pipe LLC, a Southeast-based trenchless pipe rehabilitation contractor. Nu-Pipe founder and CEO Ashby Johnson will join Shenandoah as President of Solution Technologies, and the deal expands Shenandoah's CIPP, SAPL and grouting capabilities across the U.S.

Daburn Electronics and Cable Acquires Piping Solutions

February 27, 2024

Manufacturing

Daburn Electronics and Cable has acquired Piping Solutions, a Bridgewater, New Jersey-based pipe fabrication and process skid design and manufacturing company. Piping Solutions will operate as a division of Daburn, expanding Daburn's skid assembly design and manufacturing capabilities and adding staff at the Bridgewater facility.

7 Seas Capital and Tico Capital Partners Recapitalize Precision Piping Products

June 18, 2025

Manufacturing

7 Seas Capital and Tico Capital Partners acquired a recapitalization stake in Precision Piping Products (P3), a Houston-based manufacturer of patented flange protection products, in a transaction that closed May 22, 2025. Parkway Capital and Pine Street Capital Partners provided subordinated debt and equity support alongside the new investors, with founders Keith and Debbie Nichols remaining in leadership.

Trident Maritime Systems Acquires Assets of Custom Alloy Corporation

June 20, 2023

Manufacturing

Trident Maritime Systems, a portfolio company of investment affiliates of J.F. Lehman & Company, acquired the assets of Custom Alloy Corporation through a Section 363 bankruptcy auction. The add-on strengthens Trident's manufacturing capabilities and expands its presence on key U.S. Navy nuclear vessel programs by integrating Custom Alloy's specialty alloy forgings, fittings, and piping capabilities.

ConTeras Industrial Group Acquires Gastonia Pipe and Anchor Scaffolding

August 31, 2023

Industrial Services

ConTeras Industrial Group, a portfolio company of Midwest Growth Partners, completed add-on acquisitions of Gastonia Pipe, Boiler & Duct Insulations and Anchor Scaffolding & Ladder Co., strengthening ConTeras' service offering and footprint in the U.S. Southeast. The deals expand ConTeras' capabilities in insulation, scaffolding, shoring and access solutions for commercial and industrial customers.