OTC Industrial Technologies Acquires Premier Equipment Corporation and Premier Control Systems

OTC Industrial Technologies Acquires Fleetwood Industrial Products and P-M Industrial, Inc.

January 1, 2025

Industrial Services

OTC Industrial Technologies has acquired Fleetwood Industrial Products and P‑M Industrial, Inc., two Northeast-based rotating equipment distributors and service providers. The deal expands OTC's regional service and repair capabilities for rotating equipment, seals, and related systems and strengthens its footprint serving oil & gas, power, municipal and industrial customers.

OTC Industrial Technologies Acquires ePUMPS

May 2, 2022

Industrial Services

OTC Industrial Technologies has acquired ePUMPS, a Tulsa-based provider of pumps, mechanical seals, vacuum systems and compressors, which will operate under OTC's Pump Motor Technology (PMT) Group. The deal expands OTC's territory coverage and service capabilities in the South Central U.S.; ePUMPS has 28 employees and three locations serving Oklahoma and the Texas Panhandle.

Aalberts N.V. Acquires Premier Thermal Solutions LLC

July 16, 2021

Industrial Services

Aalberts N.V. has signed a definitive agreement to acquire 100% of Premier Thermal Solutions LLC (PT), a Lansing, Michigan-based surface treatment and heat-treating services provider with nine locations across the US industrial Midwest. The acquisition expands Aalberts' surface technologies footprint and capabilities in North America, adding approximately $60 million in revenue and ~250 employees.

Oracle Elevator Acquires Premier Elevator

November 10, 2020

Industrial Services

Oracle Elevator, an L Squared Capital Partners portfolio company, has acquired Atlanta-based Premier Elevator to expand its geographic footprint and technical capabilities across the Southeast. The deal adds Premier’s presence in Georgia, Florida, North Carolina, South Carolina, and Tennessee and relocates Oracle’s Technical Training Center (OTEC) to Atlanta to leverage Premier’s resources; several Premier leaders joined Oracle’s senior management and remain material owners.

AdeptAg Acquires Plantech Control Systems Family of Companies

December 8, 2022

Agriculture

AdeptAg, a North American controlled-environment agriculture (CEA) platform based in Oberlin, Ohio, acquired Plantech Control Systems and its associated businesses Plantech West and JM Controls and Electric. The deal adds electrical automation, controls and packing/sorting capabilities to AdeptAg’s platform and is intended to expand local service offerings and geographic reach for growers in the Leamington–Vineland–Chatham region of Ontario, Canada.

Motion & Control Enterprises Acquires Power & Pumps, Inc. and Industrial Control Services, Inc.

June 6, 2023

Industrial Services

Motion & Control Enterprises (MCE) has completed the acquisitions of Power & Pumps, Inc., a Jacksonville-based distributor of pumps and power-transmission products, and Industrial Control Services, Inc., a Zeeland-based value-added automation distributor. The deals expand MCE's geographic footprint, broaden its automation and fluid-processing product and service offerings, and represent add-on acquisitions to the MCE platform backed by Frontenac.