The Gund Company Acquires Power and Composite Technologies (PCT) from HCI Equity Partners

The Thermal Group (Behrman Capital Portfolio) Acquires ACT Aerospace

February 3, 2025

Aerospace & Defense

The Thermal Group, a Behrman Capital portfolio company, acquired Applied Composite Technology Aerospace, LLC (ACT), a Gunnison, Utah-based manufacturer of advanced composite structures for the aerospace and defense markets. The add-on expands TTG's engineered solutions by adding composite design and manufacturing capabilities to enable cross-selling and support long-term growth; financial terms were not disclosed.

Stellant Systems Acquires Comtech's Power Systems Technology (PST) Product Line

October 12, 2023

Aerospace & Defense

Stellant Systems, a portfolio company of Arlington Capital Partners, agreed to acquire Comtech Telecommunications' Power Systems Technology (PST) product line for a total cash purchase price of $40 million (including up to $5 million contingent consideration). The deal strengthens Stellant's RF amplification portfolio — adding Gallium Nitride solid-state power capabilities and complementary customers and workforce — while Comtech will use the proceeds to reduce debt and de-lever its balance sheet.

Apollo Funds Acquire Majority Stake in Composite Advanced Technologies (CATEC)

August 22, 2023

Energy

Apollo-managed funds have acquired a majority interest in Composite Advanced Technologies, Inc. (CATEC), a Houston-based manufacturer of Type IV compressed gas transportation and storage solutions for CNG, RNG and hydrogen. Apollo plans to invest additional capital to scale CATEC into a leading gaseous equipment manufacturing and services platform supporting the hydrogen and low-carbon fuel markets.

GracoRoberts Acquires Pacific Coast Composites

May 18, 2023

Industrial Services

GracoRoberts, a PE-backed specialty chemicals and aerospace materials distributor, has acquired Washington-based Pacific Coast Composites (PCC) to broaden its composites product offering and shorten lead times for aerospace customers. The acquisition, supported by sponsor CM Equity Partners, preserves PCC’s Puyallup, Washington operations and strengthens GracoRoberts’ ecommerce and distribution capabilities across the aerospace OEM and MRO markets.

Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc.

December 15, 2020

Manufacturing

Charger Investment Partners acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT), a Huntington Beach, California-based manufacturer of engineered composite structures. Charger will partner with ACPT's management and the Leslie family to accelerate growth and expand ACPT's leadership across defense, aerospace, automotive and marine end markets; financial terms were not disclosed.

Midwest Composite Technologies (CORE Industrial Partners) Acquires ICOMold

December 6, 2019

Manufacturing

CORE Industrial Partners’ portfolio company Midwest Composite Technologies (MCT) has acquired ICOMold, a digital manufacturer specializing in injection molding and CNC machining headquartered in Toledo, Ohio. The add-on expands MCT’s traditional and additive manufacturing capabilities alongside its recent FATHOM acquisition to create a larger on‑demand digital manufacturing platform; financial terms were not disclosed.