FAYAT Group Acquires Mecalac Group

Fayat Group Acquires Controlling Interest in Asphalt Drum Mixers LLC

July 7, 2024

Manufacturing

Fayat Group acquired a controlling interest in Asphalt Drum Mixers LLC (ADM), effective July 1, 2024. ADM will join Fayat's Mixing Plants business unit while the Boyd-Devine family remains a minority owner and Mike Devine stays on as ADM president; the deal strengthens Fayat's road-construction equipment position in North America and creates product and distribution synergies with existing Fayat brands.

AMECO Acquires F&M MAFCO

May 4, 2022

Construction

AMECO, a site services platform and portfolio company of One Equity Partners, has acquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programs. The deal expands AMECO's site services capabilities and geographic reach, with F&M MAFCO maintaining a significant operations presence in Cincinnati and its CEO Tim Fries named chief growth officer of the combined organization.

Mayville Engineering Company Acquires Accu‑Fab, LLC for $140.5M

July 1, 2025

Manufacturing

Mayville Engineering Company, Inc. (MEC) completed the acquisition of Accu‑Fab, LLC from strategic holding company Tide Rock for $140.5 million in cash, effective July 1, 2025. The deal expands MEC's metal fabrication capabilities and accelerates its entry into the high‑growth critical power infrastructure and data center end markets.

McElroy Metal Acquires Fabral

February 14, 2026

Building Products

McElroy Metal, an employee-owned U.S. manufacturer of metal roofing and building products, has acquired Fabral, a nearly 60-year-old metal roofing and cladding brand. Fabral will continue to operate independently with its existing leadership and employees, and the deal expands McElroy Metal's presence in the metal construction market.

MiddleGround Capital Acquires Megatech from Alfar Capital

February 8, 2023

Manufacturing

MiddleGround Capital has acquired Megatech, a Quebec City–based precision CNC machining and digital manufacturing company, from Alfar Capital. MiddleGround plans to build Megatech into a larger digital manufacturing platform through organic investment and add-on acquisitions while maintaining the company’s precision machining capabilities; Stifel acted as exclusive financial advisor to Megatech and Fasken served as legal counsel to Alfar Capital.

Mayville Engineering Company Acquires Mid-States Aluminum

July 1, 2023

Manufacturing

Mayville Engineering Company, Inc. (MEC) completed the acquisition of privately held Mid-States Aluminum (MSA) on July 1, 2023. The purchase expands MEC’s capabilities into lightweight aluminum extrusion and fabrication, providing cross-selling opportunities and expected to be immediately accretive to earnings and free cash flow.