TestEquity Acquires Germany-based Instrumex

TestEquity (Distribution Solutions Group) Acquires National Test Equipment

June 1, 2022

Industrial Services

TestEquity, an operating company of Distribution Solutions Group (DSG), acquired National Test Equipment for approximately $7.8 million to expand calibration, refurbishment, rental and leasing capabilities. The deal, funded from DSG's existing credit facility, is expected to add more than $9 million in annual sales and over $1.4 million of adjusted EBITDA, broadening TestEquity's technical services and rental offerings.

Lawson Products Completes Strategic Combination with TestEquity and Gexpro Services

April 1, 2022

Industrial Services

Lawson Products, Inc. completed all-stock merger transactions to combine TestEquity and Gexpro Services into a specialty distribution platform under a holding company structure. Lawson issued an aggregate of 10.3 million shares (with up to 1.7 million additional earnout shares possible) to former owners affiliated with Luther King Capital Management Corporation and J. Bryan King, who collectively now own ~75% of Lawson; the company also amended and restated its credit agreement to support the combined platform and future acquisitions.

TestEquity (Lawson Products) Acquires Interworld Highway, LLC (TEquipment & Touchboards)

May 2, 2022

Industrial Services

TestEquity, a distribution business within Lawson Products, completed the acquisition of Interworld Highway, LLC — the operator of TEquipment and Touchboards — for approximately $55 million. The deal, funded from Lawson's credit facility, is expected to be immediately accretive and to broaden TestEquity's test & measurement product selection, solutions and service capabilities.

Summa Equity Acquires Majority Stake in Intix

March 1, 2022

Financial Services

Summa Equity Fund III has acquired a majority stake in Intix, a Mechelen-based Belgian fintech that provides a transaction and compliance insight platform for banks and financial institutions. The investment will support Intix's growth and product innovation in real-time transaction monitoring and compliance while keeping the founders on board.

EQT Infrastructure Acquires inexio

September 28, 2019

Telecommunications

EQT Infrastructure (EQT Infrastructure IV) agreed to acquire inexio Beteiligungs GmbH & Co. KGaA from Warburg Pincus, Deutsche Beteiligungs AG, the founders and several minority investors. The investment will support inexio's large-scale FTTH rollout and expansion of its fiber-optic network across rural and suburban Germany, with a stated commitment to connect 2 million households by 2030.

Industrial Physics Acquires Steinfurth

February 9, 2021

Manufacturing

Industrial Physics, a Union Park Capital portfolio company, has acquired Steinfurth, a German specialist in electromechanical measuring systems for the beverage, food and pharmaceutical industries. The add-on expands Industrial Physics' test and inspection product portfolio and will leverage Industrial Physics' global sales and service footprint to broaden Steinfurth's reach into the U.S. and Asian markets.