Manufacturing Acquisitions in 2013

GenNx360 Capital Partners, a New York–based private equity firm focused on middle-market industrial B2B companies, has acquired Salford Farm Machinery Ltd., a Canada-based manufacturer of tillage, seeding and fertilizing equipment, for an undisclosed amount. GenNx360 said it will leverage its operational expertise to drive Salford's growth organically and via add-on acquisitions, building on the company's strong brand, patented technology and dealer network.

RBC Bearings Incorporated (NASDAQ: ROLL) has acquired Climax Metal Products Company, a Mentor, Ohio-based manufacturer of precision shaft collars, rigid couplings and keyless locking devices. The acquisition (approx. $13.6 million purchase price) expands RBC Bearings' product portfolio, customer base and distribution channels to support long-term growth.

Grouse Ridge Capital has acquired RG Steel through a joint-venture transaction, according to a 7 Mile Advisors announcement. The deal was completed with support from a 7 Mile banker and positions Grouse Ridge to expand its manufacturing footprint.