SMEC Acquires Hyundai Wia’s Machine Tool Division (via Consortium with Rylson Private Equity)

Plasma Processes Acquires Metaltech Machine & Tool

May 29, 2024

Manufacturing

Plasma Processes, a Huntsville-based provider of ultra-high temperature materials, coatings and propulsion systems, has acquired Metaltech Machine & Tool, a Scottsboro, Alabama wire EDM-focused machine shop that has supported customers for 27 years and supplied Plasma for over 15 years. The purchase vertically integrates key machining and metal-finishing capabilities into the Plasma Processes platform, which is backed by private equity firm Blue Sea Capital.

Motion & Control Enterprises Acquires Lone Star Machine Works

June 1, 2022

Industrial Services

Motion & Control Enterprises (MCE), a Frontenac-backed industrial services platform, has acquired Lone Star Machine Works (LSMW), a Mabank, Texas-based provider of hydraulic repair, precision machining, welding, and fabrication services. The add-on acquisition expands MCE's hydraulic repair capabilities and geographic footprint across the Southwest.

HTEC Acquires SYRMIA

February 13, 2024

IT Services

HTEC has acquired SYRMIA, an embedded software engineering firm based in Belgrade, Serbia, to expand its AI, machine learning, and embedded systems capabilities. The deal strengthens HTEC's engineering footprint in Southeast Europe and provides growth opportunities for the combined team's talent and client offerings.

Woodings Industrial (and Munroe) Acquire Superior Machine Company of South Carolina

December 6, 2023

Manufacturing

Woodings Industrial Corporation and affiliated company Munroe Inc., with financing from Ironwood Capital, acquired 100% of Superior Machine Company of South Carolina, Inc., a Florence, South Carolina-based provider of melt‑shop equipment manufacturing and field services. The deal adds electric arc furnace and continuous casting capabilities to Woodings’ portfolio and will allow Superior to operate independently under the Woodings Industrial group while supporting accelerated growth and expanded North American market coverage.

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

Jangwon Remicon Acquires SsangYong Remicon from SsangYong C&E

September 27, 2023

Building Products

Jangwon Remicon, a subsidiary of Jungsun Aggregate Group, has acquired 79% of SsangYong Remicon and related real estate from SsangYong C&E, a Hahn & Co. portfolio company. The sale (SPA signed in July) comprised 172.1 billion won for shares and 205 billion won for factories/real estate, with the transaction enabling SsangYong C&E/Hahn & Co. to recoup nearly 440 billion won.