Time Manufacturing Company (The Sterling Group) Acquires Ruthmann

TriMas Corporation Acquires GMT Aerospace (GMT Gummi-Metall-Technik GmbH Aerospace Business)

February 21, 2025

Aerospace & Defense

TriMas Corporation has completed the acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH (now operating as GMT Aerospace). GMT Aerospace, based in Germany, manufactures tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace customers and generated about €22 million in fiscal 2024; the deal expands TriMas Aerospace's manufacturing footprint in Europe and strengthens relationships with European OEMs and Tier 1 suppliers.

AUCTUS Invests in Rossmanith GmbH & Co. KG

February 2, 2024

Building Products

AUCTUS Capital Partners has completed a strategic investment in Rossmanith GmbH & Co. KG, a Heidelberg-based façade builder founded in 1947. Rossmanith will serve as the platform company for a new integrated façade-construction group focused on high-quality, sustainable building envelopes and regional expansion across the DACH region and neighboring European markets.

Time Manufacturing Company Acquires France Elévateur

June 27, 2022

Manufacturing

H.I.G. Capital portfolio company Time Manufacturing Holdings, LLC has acquired France Elévateur, a France-based manufacturer of vehicle-mounted aerial platforms. The acquisition adds more than 450 employees, two manufacturing sites (France and Spain) and 15 service facilities, strengthening Time Manufacturing's European footprint and expanding its product and after-market service capabilities across utility, telecommunications and rental end markets.

Totalmobile Acquires Working Time Solutions

February 10, 2022

Cloud & SaaS

Totalmobile, a Bowmark-backed field service management software provider, has acquired Manchester-based Working Time Solutions (WTS) to add SaaS-based shift planning, rostering and workforce management capabilities to its Organise solution. The add-on expands Totalmobile's product capability and strengthens its presence in the North of England, bringing over 60 WTS customers and 30,000 users into its footprint.

H.I.G. Capital Acquires Time Manufacturing Company from The Sterling Group

December 3, 2021

Manufacturing

H.I.G. Capital, through an affiliate, has completed the acquisition of Time Manufacturing Holdings, LLC from The Sterling Group. Time Manufacturing, a global designer and manufacturer of vehicle-mounted aerial lifts and related specialty equipment headquartered in Waco, Texas, employs more than 2,000 people and will partner with H.I.G. to pursue product development, geographic expansion, and complementary acquisitions to accelerate growth.

Time Manufacturing Company (Versalift) Acquires BrandFX

November 6, 2019

Manufacturing

Time Manufacturing Company (Versalift), a portfolio company of The Sterling Group, has acquired BrandFX, a leading manufacturer of composite service bodies. The seller was Stonebridge Partners; the acquisition gives Time in-house composite body capabilities and expands its product offering for utility, telecom and municipal fleets. BrandFX is headquartered in Fort Worth, Texas and employed about 286 people at the time of the transaction.