All Safe Global Acquires Thunderbird Cylinder

Thunderbird LLC Acquires Bright Plastics Inc.

July 19, 2022

Manufacturing

Thunderbird LLC has acquired Bright Plastics Inc., an injection-molding manufacturer based in Greensboro, North Carolina. The deal adds Bright Plastics’ Class 7 ISO-compliant clean room, 67,000- and 103,000-square-foot facilities and more than 160 employees to Thunderbird’s portfolio, expanding its plastics manufacturing and medical/industrial production capabilities.

American Welding & Gas Acquires Grant Hagberg Co.

May 16, 2025

Industrial Services

American Welding & Gas (AWG) has acquired Grant Hagberg Co., a Griffith, Indiana distributor of bulk and cylinder carbon dioxide and dry ice that also provides hydrotesting and fire extinguisher services. The acquisition expands AWG’s Midwest distribution footprint and complements its existing gas and welding supply operations across the region.

Safety Controls Technology Acquires Global Safety Group, Inc.

August 9, 2023

Professional Services

Safety Controls Technology (a ScaleCo Fund IV portfolio company) acquired Global Safety Group, Inc. on August 3, 2023. The deal brings Global Safety founder Jason Stearman into SCT as Vice President of Safety and Environmental Services and establishes a new SCT office in Biloxi, Mississippi to expand the platform's geographic footprint and EHS capabilities.

Gryphon Investors Acquires Safety Management Group

January 8, 2026

Professional Services

Gryphon Investors has acquired Safety Management Group (SMG) from NMS Capital; financial terms were not disclosed. SMG, headquartered in Indianapolis, will serve as a new platform for Gryphon to pursue organic growth and add-on M&A in outsourced Environmental, Health & Safety (EH&S) services while SMG's management team remains in place with a meaningful ownership stake.

ASG (Alpine Investors) Acquires Trucker Tools

June 22, 2021

Transportation

ASG, a portfolio company of Alpine Investors, has acquired Trucker Tools, a Reston-based provider of digital freight management and driver mobile app solutions. The acquisition expands ASG's vertical SaaS footprint in transportation by adding Trucker Tools' predictive freight-matching, visibility and automated booking capabilities and customer base of brokers, 3PLs and owner-operators.

SunCoke Energy Acquires Phoenix Global for $325 Million

August 1, 2025

Industrial Services

SunCoke Energy, Inc. completed its acquisition of Phoenix Global (through the purchase of all common units of Flame Aggregator, LLC) for $325 million on August 1, 2025. The deal, funded with cash on hand and revolver borrowing, adds electric arc furnace operations and international markets to SunCoke's portfolio, expanding its capabilities beyond cokemaking and logistics.