Ohio Transmission Corporation Acquires Laron Inc.

OTC Industrial Technologies Acquires Global Energy Solutions

September 3, 2026

Industrial Services

OTC Industrial Technologies announced the acquisition of Global Energy Solutions (GES), a regional rotating equipment sales, service, and repair provider across the Central United States. The deal is intended to expand OTC’s rotating equipment service and repair capabilities and strengthen its presence in Oklahoma and Arkansas, adding motor, drive, and pump expertise and in-house repair capabilities.

Loenbro Acquires Revolution Industrial

January 9, 2025

Industrial Services

Loenbro, backed by Braemont Capital, has acquired Arizona-based Revolution Industrial to expand its industrial service capabilities across the Southwest U.S. The add-on strengthens Loenbro’s electrical, mechanical and structural service offerings for data center, infrastructure and diversified industrial customers and brings Revolution’s skilled multi-trade workforce into Loenbro’s platform.

BWX Technologies Completes Acquisition of L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business

January 3, 2025

Industrial Services

BWX Technologies (BWXT) completed its acquisition of L3Harris Technologies' Aerojet Ordnance Tennessee (A.O.T.) business as of January 3, 2025. The ~$100 million transaction expands BWXT’s special materials capabilities, with A.O.T. operating within BWXT’s government operations segment.

TT Electronics Acquires Torotel

September 17, 2020

Aerospace & Defense

TT Electronics has agreed to acquire Torotel, a US designer and manufacturer of high-reliability power and magnetic assemblies for the aerospace and defense markets, for $43.4 million. The acquisition expands TT's power electronics capabilities and US footprint, and Torotel will be integrated as a wholly owned subsidiary subject to shareholder and regulatory approvals.

Genstar Capital Acquires Ohio Transmission Corporation from Irving Place Capital

April 9, 2019

Industrial Services

Genstar Capital has acquired Ohio Transmission Corporation (OTC), a Columbus-based industrial automation equipment distributor and technical service provider, from Irving Place Capital. OTC operates a multi-branch distributor and aftermarket service network (38 branches in 17 states per announcements) serving thousands of customers across industrial end-markets; Genstar will partner with management to pursue product, geographic and bolt-on acquisition growth.

Ohio Transmission Corporation Acquires Filter and Coating Technology, Inc.

February 11, 2019

Industrial Services

Ohio Transmission Corporation, through its OTP Industrial Solutions division, has acquired Filter and Coating Technology, Inc. (FACT), a Grand Rapids-based distributor of finishing, dispense and filtration products. FACT will operate as a division of OTP Industrial Solutions under current local management, adding approximately 21 employees and expanding Ohio Transmission Corporation's finishing and filtration capabilities across the Midwest.