Huron Capital Acquires Lab Crafters

Huron Capital Merges Northwest Pallet and Prime Woodcraft

September 9, 2019

Industrial Services

Huron Capital made an additional equity investment in its pallet platform, Northwest Pallet Holdings, and combined Northwest Pallet with Prime Woodcraft Inc. The merged company will be headquartered in Schaumburg, Illinois, with Jack Donnell serving as President and CEO and Prime founder Ansir Junaid remaining a board member and significant shareholder.

Huron Capital Makes Equity Investment in WD Lab Grown Diamonds

January 7, 2019

Manufacturing

Huron Capital, a Detroit-based middle-market private equity firm, completed a significant equity investment in WD Lab Grown Diamonds, a Washington, D.C.-area producer of high-quality Chemical Vapor Deposition (CVD) diamonds. The capital will be used to expand WD's production capacity and support growth across gem, retail/wholesale and industrial/scientific end markets while founder-management remain significant shareholders.

Merak Group Acquires Woodcraft Design & Furnishings

October 15, 2024

Manufacturing

Miami-based private equity firm Merak Group has acquired Woodcraft Design and Furnishings, a Central Florida designer and manufacturer of custom furniture for the hospitality industry. Ascension Advisory served as exclusive financial advisor to Woodcraft; Merak says it will provide operational expertise and capital to support growth while preserving the company's founder-led culture.

Hyperion Materials & Technologies Acquires Crafts Technology

April 15, 2021

Manufacturing

Hyperion Materials & Technologies acquired Crafts Technology, a precision manufacturer of cemented tungsten carbide components, to broaden its engineered hard- and super-hard-materials capabilities and global footprint. Crafts Technology will continue to be led by President and CEO Jeffrey Taylor, and Prairie Capital Advisors served as financial advisor to Crafts on the transaction.

Safe Fleet Acquires Labcraft

March 9, 2022

Manufacturing

Safe Fleet, a Missouri-headquartered provider of fleet safety solutions and an Oak Hill Capital Partners portfolio company, has acquired Labcraft, a UK-based manufacturer of high-performance LED lighting for commercial and emergency vehicles. The acquisition expands Safe Fleet's product capabilities in premium vehicle lighting and strengthens its position for growth in the European commercial vehicle market; Labcraft will continue to operate as a standalone business.

Borgman Capital Acquires Harlo Corporation

June 3, 2025

Manufacturing

Borgman Capital, a Milwaukee-based private investment firm, has acquired Harlo Corporation, an 88-year-old manufacturer of rough terrain forklifts headquartered in Grandville, Michigan. The transaction transfers ownership from the Crooks family to Borgman Capital; Harlo will continue to operate under its name with existing leadership and 54 employees, and will gain resources to expand capacity and product development.