South-Tek Holdings Acquires Patriot Compressor Parts (Pfingsten Portfolio)

Pfingsten Acquires Tempest Telecom Solutions

December 13, 2022

Telecommunications

Pfingsten, an operationally focused private equity firm, acquired Tempest Telecom Solutions, a US-based provider of network telecommunications equipment distribution and repair services, on December 2, 2022. Pfingsten plans to scale Tempest as a platform, expanding its technical service and product distribution capabilities organically and via add-on acquisitions.

Gryphon Investors Acquires RapidAir from Pfingsten

October 15, 2024

Manufacturing

Gryphon Investors has acquired RapidAir, a provider of downstream compressed air solutions headquartered in Auburndale, Wisconsin, from Pfingsten. Gryphon will operate RapidAir as a platform for future investments in compressed air solutions while RapidAir's CEO Mark LeMire and management remain with the company and retain an ownership stake.

Pfingsten Partners Acquires Fairbank Equipment Inc.

January 6, 2022

Agriculture

Pfingsten Partners, a Chicago-based private equity firm, has acquired Fairbank Equipment, Inc. from Great Range Capital. TM Capital served as exclusive advisor to the seller; Great Range Capital had owned Fairbank since December 2012 and supported its expansion into fertilizer and propane markets.

Pfingsten Acquires Pacific Lasertec

September 6, 2023

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Pacific Lasertec, a San Marcos-based manufacturer of specialty lasers and related power supplies, as a new platform investment on August 25, 2023. Pfingsten said it will work with PLT's management team to scale the business organically and through strategic add-on acquisitions to build a leading photonics solutions provider serving medical diagnostics, semiconductor, scientific R&D and advanced manufacturing end markets.

Fenix Parts Acquires Pacific Rim Auto Parts (Ft. Worth assets)

February 15, 2024

Automotive

Fenix Parent LLC (doing business as Fenix Parts) has completed the acquisition of the assets of Pacific Rim Auto Parts in Fort Worth, Texas. The transaction expands Fenix’s specialty-vehicle recycling and e-commerce parts capabilities; Fenix is a Stellex Capital-backed platform pursuing add-on acquisitions across the U.S.

Lufkin Industries Acquires US Rod and Patriot Pump

December 1, 2021

Manufacturing

Lufkin Industries, a portfolio company of KPS Capital Partners, completed acquisitions of US Rod (Nappanee, Indiana) and Patriot Pump (Williston, North Dakota). The deals expand Lufkin's rod lift manufacturing and downhole product/service capabilities, strengthening its integrated rod pumping systems offering across key U.S. basins.