MC Machinery Systems Acquires Ferro Technique from Argyle Capital and Sharno Group

Fero International Inc. Acquires AVL Manufacturing Inc.

October 14, 2021

Manufacturing

Fero International Inc. signed a letter of intent to acquire AVL Manufacturing Inc., a Hamilton, Ontario–based turnkey manufacturer of modular enclosures with a 30-year track record. The acquisition will secure AVL's manufacturing facilities and over 70 employees (including ~15 engineers) to help Fero scale production of its modular solutions; closing was anticipated in Q4 2021 subject to due diligence, financing and a definitive agreement.

Manufacturing Revitalization Corp. of America Acquires Technical Metals Inc.

February 27, 2025

Manufacturing

El Paso-based Manufacturing Revitalization Corp. of America (MRCA) has acquired Technical Metals Inc., a Fairbury, Illinois-based metalworking and machining services provider. The deal brings Technical Metals' ~65 employees and 80,000-sq.-ft. facility into MRCA's aggregation strategy to preserve U.S. manufacturing capacity and expand legacy manufacturing capabilities.

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.

EQI Ltd. Acquires Ferralloy, Inc.

May 6, 2025

Manufacturing

EQI Ltd. has acquired Ferralloy, Inc., a Cleveland-based supplier of heat-resistant alloy castings, forgings, machined components and specialty raw materials. The deal will fold Ferralloy into EQI's portfolio (alongside Pro-Tech) to expand EQI's thermal processing and metal components capabilities and broaden its customer base and supply-chain footprint.

Argyle Capital Partners Acquires The Mufflerman Inc.

March 1, 2021

Automotive

Toronto-based private equity firm Argyle Capital Partners has acquired The Mufflerman Inc., a 12-location automotive service and repair chain in Southwestern Ontario, from the Brouwer Family. The transaction closed on March 1, 2021 and includes a management transition with Costa Haitas named as the new President as part of a family succession and platform-build strategy.

Motion & Control Enterprises Acquires General Machinery Company, Inc.

May 3, 2024

Industrial Services

Motion & Control Enterprises (MCE), a Frontenac-backed industrial distributor, has acquired General Machinery Company, Inc., a Birmingham, Alabama-based distributor of automation, electrical, pump and compressed-air products and related repair services. The deal expands MCE's regional footprint and product/service capabilities in Alabama, northwest Florida and eastern Mississippi; General Machinery will continue to operate under its existing leadership.