Textron Sells Energy Manufacturing and Williams Machine and Tool to Eastport Operating Partners

HKW Acquires Electric Equipment & Engineering Co.

July 3, 2025

Manufacturing

HKW, a middle-market private equity firm, has acquired Electric Equipment & Engineering Co. (EEE), a Denver-based designer and manufacturer of electrical power distribution products serving data centers, telecommunications, broadband and utilities. The company was owned by the third-generation Morroni family prior to the transaction; financial terms were not disclosed and financing was provided by Barings and Siguler Guff.

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

EnergySolutions Acquires Substantially All Assets of Williams Industrial Services Group for $60M

July 24, 2023

Industrial Services

EnergySolutions agreed to acquire substantially all assets of Williams Industrial Services Group Inc. for $60 million through a Section 363 sale as part of Williams' Chapter 11 process. The deal (for Williams' nuclear, fossil, energy delivery and paper mill operations) excludes Williams' water contract operations in Florida and Texas and is intended to expand EnergySolutions' nuclear services and plant-support capabilities.

East West Manufacturing Acquires Eastprint Incorporated

April 17, 2023

Manufacturing

East West Manufacturing, an integrated design, engineering and electronics manufacturing services provider based in Atlanta, has acquired Eastprint Incorporated, a North Andover, Massachusetts printed-electronics and HMI specialist. The acquisition expands East West’s capabilities in printed electronics, membrane switches, IML/IMD overlays, biosensors and wearables and strengthens its presence in Massachusetts and Mexico; terms were not disclosed.

Tonka Bay Equity Partners Sells Engineered Specialty Products (ESP)

January 4, 2023

Manufacturing

Tonka Bay Equity Partners announced the sale of Engineered Specialty Products (ESP), a Kennesaw, Georgia-based provider of pressure and temperature instrumentation. During Tonka Bay’s ownership ESP expanded engineering capabilities, launched proprietary product lines, grew exclusive supplier agreements and completed an add-on acquisition; the buyer was not disclosed in the announcement.

Eckhart, Inc. Acquires Eagle Engineering

July 19, 2018

Manufacturing

Eckhart, Inc., an LFM Capital-backed industrial automation and tooling company based in Warren, Michigan, has acquired Eagle Engineering, a custom weld-station and assembly-fixture manufacturer headquartered in Eldridge, Iowa. The acquisition expands Eckhart's manufacturing footprint and capability to deploy Industry 4.0 solutions to Eagle's aerospace, agriculture and heavy construction customers.