Fosbel (The Anderson Group Portfolio) Acquires Wahl Refractory Solutions

The Anderson Group Acquires Assets of Fosbel, Inc.

May 13, 2019

Industrial Services

The Anderson Group, LLC partnered with Fosbel management to acquire the assets of Fosbel, Inc., a global provider of refractory furnace inspection, maintenance, repair and reconstruction services. The buyout gives Fosbel a stronger balance sheet and operational support from The Anderson Group to accelerate strategic growth plans and expand service capabilities for steel and glass industry customers.

United Flexible Acquires Fulton Bellows (Arlington Capital Portfolio Add-on)

February 17, 2016

Manufacturing

United Flexible, a portfolio company of Arlington Capital Partners, has acquired Fulton Bellows, a Knoxville-based manufacturer of precision bellows and thin-walled metal components. The deal expands United Flexible's engineered fluid and gas transfer product offering by adding Fulton's hydroforming and specialized bellows capabilities, supporting organic and acquisition-driven growth.

Babcock & Wilcox Acquires Majority Stake in Fosler Construction (Fosler Solar)

September 15, 2021

Energy

Babcock & Wilcox Enterprises, Inc. signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar contractor Fosler Construction (now operating as Fosler Solar), which will become part of B&W's Renewable segment. Paul Fosler will remain CEO and a minority owner; Fosler provides commercial, industrial and utility-scale solar services, employs ~120 people and owns two community solar projects in Illinois.

ASSA ABLOY Acquires Integrated Warehouse Solutions (IWS)

January 23, 2024

Manufacturing

ASSA ABLOY has acquired Integrated Warehouse Solutions (IWS), a Burleson, Texas-based manufacturer of loading dock equipment with about 550 employees and 2022 sales of approximately $170 million. The acquisition expands ASSA ABLOY's Entrance Systems product offering and is expected to be accretive to EPS from the start.

Ali Group Acquires Welbilt

July 14, 2021

Manufacturing

Ali Holding S.r.l. (Ali Group) agreed to acquire Welbilt, Inc. in an all-cash transaction valuing Welbilt at $24.00 per share (about $3.5 billion equity value and $4.8 billion enterprise value). The deal, approved by both boards and supported by significant Welbilt shareholders, completed with Welbilt's common stock ceasing trading on July 28, 2022; the acquisition expands Ali Group's product portfolio and global foodservice equipment footprint.

White Cap Acquires Advanced Forming Solutions and Anchor Construction Industrial Products

October 2, 2025

Building Products

White Cap has acquired Advanced Forming Solutions (AFS), a concrete forming and shoring provider based in Castle Rock, Washington, and Anchor Construction Industrial Products, a Winnipeg-based distributor with six locations across Western Canada. The acquisitions expand White Cap’s branch footprint and service capabilities in the Pacific Northwest and Western Canada to better serve commercial, civil, government and institutional contractors.