Transition Capital Partners Invests in Petroflex North America

Arcane Capital Partners Acquires Petroflex North America and Wescon Plastics

January 16, 2024

Manufacturing

Arcane Capital Partners, a Little Rock-based private investment firm, has acquired Petroflex North America (Gainesville, Texas) and Wescon Plastics, LLC (Wichita, Kansas). The transactions expand Arcane's plastics manufacturing platform, adding production capacity, engineered-resin capabilities and in-house recycling; financing included senior bank debt from JPMorgan Chase, PNC and Regions and preferred equity from Aventurine Partners.

Transition Capital Partners Acquires PAT Tank Inc.

November 1, 2024

Industrial Services

Transition Capital Partners (TCP), with financing and an equity co-investment from Plexus Capital, acquired PAT Tank Inc., a Port Arthur, Texas-based provider of above-ground storage tank construction and repair. The transaction closed November 1, 2024, with 3 Rivers Capital selling its portfolio company; GulfStar served as exclusive financial advisor to PAT Tank. The deal positions TCP to capitalize on ongoing regulatory-driven demand for tank installation, repair and upgrades across Gulf Coast industrial markets.

Plexus Capital Announces Investment in Texwin Metal Buildings

September 29, 2023

Building Products

Plexus Capital announced an investment in Texwin Metal Buildings, a Wills Point, Texas-headquartered manufacturer and retailer of portable/custom metal buildings operating under the Texwin and Winslows brands and serving Texas, Louisiana, Oklahoma and Arkansas. Some press reports additionally identify Transition Capital Partners in connection with an acquisition of Texwin. The transaction is a private equity investment intended to support Texwin’s regional manufacturing and retail operations and continued growth across its footprint.

Petrosmith Acquires Wellflex Energy Solutions

November 23, 2020

Energy

Petrosmith has acquired the assets of Wellflex Energy Solutions, a Fort Worth-based engineering, fabrication and EPC specialist for oil and gas production equipment. The acquisition adds Wellflex's engineering, modular fabrication and project management capabilities to Petrosmith's manufacturing and tubular goods business, supporting expanded service offerings for energy operators.

IK Partners Acquires Plastiflex from 3d investors

October 27, 2021

Manufacturing

IK Partners' IK Small Cap III Fund, alongside Plastiflex management, has agreed to acquire Plastiflex Group N.V. from 3d investors. The partnership aims to accelerate Plastiflex's growth—particularly in the healthcare segment—through organic expansion and strategic M&A while the existing management team, led by CEO Piet Gruwez, will reinvest and remain in place.

MPE Partners and 80/20 Acquire Les Industries Flexpipe (Flexpipe)

July 5, 2023

Manufacturing

MPE Partners and portfolio company 80/20 have acquired Les Industries Flexpipe, Inc., a Farnham, Quebec-based manufacturer and distributor of steel modular framing and material handling systems. The acquisition will expand 80/20's product offering, create cross-selling opportunities, and accelerate growth of the combined business; terms were not disclosed.