RAF Industries Acquires Ligchine Corporation from Blue Sage Capital and Hanover Partners

Ligchine International Acquires The Power Buggy Company

November 14, 2025

Manufacturing

Ligchine International has acquired The Power Buggy Company, the maker of the Power Buggy ride-on material mover. The Power Buggy business will be relocated from Independence, Ohio to Ligchine’s headquarters in Darien, Wisconsin and integrated into Ligchine’s manufacturing, engineering, and customer support operations to expand Ligchine’s construction equipment product lineup.

Hanover Investors Acquires Llanelec Precision Engineering

July 29, 2025

Manufacturing

Hanover Investors has acquired Llanelec Precision Engineering, a Neath, Wales-based manufacturer of precision-machined components for the defence and aerospace sectors. The investment—made via Hanover Active Equity Fund III—will see Hanover partner with CEO Spencer John to support Llanelec's growth and strategic development from its 120,000 sq. ft. manufacturing facility.

Highlander Partners Acquires Liteye Systems

November 28, 2022

Aerospace & Defense

Highlander Partners, through its newly formed High Point Aerotechnologies division, acquired Liteye Systems, a U.S.-based developer and integrator of counter-unmanned aircraft systems (C-UAS). The transaction marks the first investment by High Point as Highlander pursues a buy-and-build strategy to create a platform in the C-UAS/UAS and related defense markets to support government and military customers.

Harbour Group Acquires LOFA Industries, LLC

March 7, 2019

Manufacturing

Harbour Group, a privately owned operations-focused company based in St. Louis, has acquired LOFA Industries, LLC, a Roswell, Georgia-based supplier of advanced engine controls, sensors, control panels and wiring harnesses for mobile industrial equipment. The LOFA management team will remain in place as Harbour Group said it will support product development, customer service initiatives and complementary acquisitions to drive growth.

Landscape Workshop Acquires LIG Services

October 16, 2025

Environmental Services

Landscape Workshop, a commercial landscape maintenance platform backed by Ares Management Corporation, has acquired LIG Services, LLC to expand its Gulf Coast footprint. The deal brings LIG owners Mike Sharp and Judson "Bragg" Jordan and their team into Landscape Workshop as senior leaders and employees, strengthening LW's presence in Lower Alabama and the Florida Panhandle.

Laffin Acquisition Corp. Completes Reverse Merger to Take Guerrilla RF Public

October 27, 2021

Manufacturing

Guerrilla RF completed a reverse merger with Laffin Acquisition Corp., becoming a wholly owned subsidiary of the public shell (which then changed its name to Guerrilla RF, Inc.) and raised more than $7 million in an initial private placement led by the company's existing investors. Montrose Capital Partners served as the transaction sponsor and GP Nurmenkari, Inc. acted as exclusive placement agent; the financing will support accelerated product development and expansion into targeted wireless and automotive applications.