Radial Equity Partners Partners with Multi Parts (MPS)

Multi Parts Solutions Acquires HKX, Expanding Into Construction Equipment

August 11, 2026

Industrial Services

Multi Parts Solutions (MPS) acquired HKX, Inc., a Monroe, Washington-based manufacturer of auxiliary hydraulic kits and control-system solutions for excavators and other heavy equipment. The deal expands MPS into the construction equipment market and makes HKX MPS’ third operating division alongside ACC Heavy Duty and MPS Automotive. Terms were not disclosed.

Radial Equity Partners Invests in Thomas Precision Machining

March 18, 2026

Industrial Services

Radial Equity Partners announced an investment in Thomas Precision Machining (TPM), a provider of replacement parts, service, and equipment for industrial processing applications serving the protein and food processing industries. The partnership is intended to support TPM’s continued growth and operational expansion, including further investment in people, processes, and capabilities. Financial terms were not disclosed, and Tom Goeke will serve as Chairman while Kevin Nyara transitions out as outgoing CEO and owner.

JLL Partners Acquires PowerParts Group to Build Power Turbine Aftermarket Components Platform

January 27, 2026

Industrial Services

JLL Partners acquired PowerParts Group, a provider of mission-critical aftermarket replacement parts and field services for gas- and steam-turbine power plants. The investment will serve as the foundation for an engineering-centric power generation components platform, with plans to expand capacity and capabilities through organic initiatives and strategic acquisitions.

Radial Equity Partners Invests in Moss Motors and Rimmer Bros to Create Global British Car Parts Platform

April 12, 2024

Automotive

Radial Equity Partners has made simultaneous investments in Moss Motors and Rimmer Bros to form a combined global specialty supplier of restoration and replacement parts for British vehicles. The deal brings together Moss (Goleta, California) and Rimmer Bros (Lincoln, United Kingdom) into a new platform to expand R&D, sourcing, marketing and distribution capabilities while transitioning Moss from family ownership.

Multi Parts Acquires American Chrome Company

January 9, 2024

Automotive

Multi Parts (MPS), a developer and provider of vehicle aftermarket parts, has acquired American Chrome Company (ACC), a Bolingbrook, Illinois-based supplier of chrome wheel accessories and components for heavy‑duty trucks. The deal, completed with sponsorship from private equity firm Radial Equity Partners, positions MPS to accelerate growth in the heavy‑duty truck and trailer channel and expand product and manufacturing capabilities.

MPE Partners Recapitalizes MSHS Group

February 22, 2021

Industrial Services

MPE Partners (Morgenthaler Private Equity) has completed a recapitalization of MSHS Group, a Fort Lauderdale-based independent MRO services provider for marine and power generation applications. MPE partnered with MSHS majority owner Are Friesecke and members of the senior management team to support the company’s growth initiatives and expand technical capabilities across its MSHS and GCS business units.