Manufacturing Acquisitions in Massachusetts

Crane Company completed multiple acquisitions effective January 1, 2026, including the Precision Sensors & Instrumentation (PSI) businesses Druck, Panametrics and Reuter‑Stokes acquired from Baker Hughes (a transaction announced at ~$1.15 billion) and optek‑Danulat (acquired from JD Group). The deals add advanced optical and process‑control sensing capabilities (optek‑Danulat reported ~$40 million of sales in 2025) to Crane’s Process Flow Technologies and Aerospace & Advanced Technologies platforms and are currently being integrated.

The Riverside Company has invested in Key Polymer, a specialty manufacturer of adhesives, sealants and coatings, as the first add-on to its Seatex platform. The acquisition expands Seatex's formulation, custom blending and manufacturing capabilities and extends the combined organization's end-market and geographic reach across industrial, automotive and aerospace segments.

ProMach has acquired American Holt, DMA Solution, and Pride Engineering (collectively “AmHolt”) from Arcline Investment Management. The AmHolt businesses—providers of engineered aftermarket parts and precision components for food, beverage and CPG packaging lines with facilities in Massachusetts, Quebec and Minnesota—will join ProMach's Primary Packaging business unit to broaden its product solutions and lifecycle service capabilities.

Element Solutions Inc. has completed its acquisition of EFC Gases & Advanced Materials. EFC will operate as a standalone business within Element Solutions' newly formed Specialties segment, bringing specialty and rare gases plus advanced materials capabilities targeted at semiconductor manufacturing, electrical transmission infrastructure, and space applications.

Crane Company has completed its acquisition of Precision Sensors & Instrumentation (PSI), including the Panametrics business, from Baker Hughes. The transaction — first announced in June 2025 — closed January 1, 2026 for a reported net purchase price of approximately $1.06 billion and is intended to expand Crane's precision sensing and instrumentation capabilities across aerospace, nuclear and process end markets.

B&D Fabricators, an Entegra Attachments company, has acquired Leading Edge Attachments Inc., a Hubbardston, Massachusetts maker of patented frost and rock ripping buckets and other heavy equipment attachments. Leading Edge will operate under B&D Attachments LLC and the acquisition expands Entegra's heavy attachments platform by adding specialized products and engineering expertise to B&D's design library.

Amphenol Corporation has completed its acquisition of Trexon from Audax Private Equity for approximately $1 billion in cash. Trexon, a Boston-headquartered maker of high-reliability cable and interconnect assemblies for defense and harsh environments, will be included in Amphenol's Harsh Environment Solutions segment and is expected to be accretive to earnings.

Coats Group plc has completed its acquisition of OrthoLite, the global market leader in premium insoles, from Trilantic North America for an initial enterprise value of $770 million. The deal expands Coats' footwear capabilities and brings OrthoLite's Cirql sustainable materials brand into Coats' portfolio; OrthoLite founder Glenn Barrett will continue to lead the business.

Funds managed by Oaktree Capital Management have partnered with Electro Switch Corp., a Weymouth, Massachusetts-based manufacturer of engineered switches and relays. The investment will provide resources to support Electro Switch’s strategic growth initiatives and long-term expansion into power, utility, data center, defense and industrial end markets; terms were not disclosed.

NCP Coatings LLC, a Century Park Capital Partners-backed coatings platform headquartered in Niles, Michigan, has acquired Glyptal Inc., a Massachusetts-based manufacturer of high-performance insulating enamels serving electrical and automotive markets. Glyptal will retain its brand while operations and support functions are being integrated into NCP's headquarters; Glyptal's family ownership will assist during the transition. The transaction expands NCP's capabilities into electrical insulation and automotive engine coating applications and represents an add-on acquisition to the PE-backed platform.

Charlotte-based Compass Precision, LLC has acquired Pocasset Machine Corporation of Pocasset, Massachusetts from the Kent family. Pocasset — a niche CNC machine shop serving the autonomous underwater vehicle (AUV) and oceanographic markets — will become the ninth operating company under Compass as the founders transition to retirement.

Datacolor has acquired TECHKON USA, a Danvers, Massachusetts-based provider of color measurement instruments and ChromaQA software, to deepen its presence in the printing and packaging markets. The deal builds on Datacolor’s recent acquisition of Techkon GmbH and is intended to broaden Datacolor’s product offering and market reach while ensuring uninterrupted service for existing Techkon USA customers.

Nelson Miller Group, a New Water Capital-backed platform, has acquired New England Keyboard, Inc., a designer and manufacturer of custom keyboards, membrane switches and related HMI components. The deal is an add-on to the Nelson Miller platform intended to expand HMI engineering, manufacturing and end-market coverage in high-reliability sectors such as defense, medical and semiconductors.

F. Schumacher & Co. has acquired Tillett Textiles, the historic hand-printed fabric house long associated with high-end designers; the deal was finalized in late May for an undisclosed price. Schumacher will preserve Tillett’s bespoke hand-printing legacy, wind down operations in Sheffield, Massachusetts, print wallpapers at its Paramount Prints facility in New Jersey, and plans to launch new collections in 2026 with Katarina Ostbye named president of Tillett.

GSC Technologies, Inc. has completed a bolt-on acquisition of F&M Tool and Plastic, Inc., adding F&M’s home storage assortment and injection-molding capabilities to the GSC platform. The deal — executed by GSC (a Speyside-backed platform) — is intended to drive synergies, broaden product assortment, and accelerate growth for the combined business.

Grays Peak Capital and Valore Ventures have acquired SencorpWhite, adding its brands — including White Systems, Ascent Warehouse Logistics, Accu-Seal and CeraTek — to their growing automation and material handling platform. The acquisition expands the buyers' vertical integration across warehouse automation, storage systems, packaging/sealing equipment and WMS/WES software, while SencorpWhite will continue operating under its existing brand names.

Industrial Control Solutions (ICS), the controls and instrumentation platform backed by LDR Partners LP, acquired Load Controls Incorporated in a private transaction completed May 14, 2025. The deal was led and financed by LDR (via LDR Growth Partners Fund I LP) with financing support from Advantage Capital; founder/owner Mike McClurg and his family will work with ICS on the transition and future product development.

Boston-based private equity firm Sky Peak Capital has acquired TriStar Plastics Corp., a Shrewsbury, Massachusetts manufacturer of engineered plastic solutions and self-lubricating bearings. The transaction is supported by a unitranche credit facility and equity co-investment from Graycliff Partners, with Jackson Walker LLP, CohnReznick, and Configure Partners advising on the deal and financing.

Effective April 2, 2025, TouchPoint, Inc. acquired Newcastle Systems, a mobile powered workstation and modular power systems manufacturer headquartered in Amesbury, Massachusetts. Newcastle Systems will join TouchPoint's Intelligent Inventory Management platform (alongside SupplyPoint and Morse Watchmans), operate as an independent business, and collaborate with the platform to expand inventory-management and e‑commerce solutions.

Weinberg Capital Group, a Cleveland-based family office, has acquired Gavitt Wire & Cable Co., a century-old custom wire and cable manufacturer headquartered in West Brookfield, Massachusetts. Weinberg says it will invest in Gavitt's growth and use the business as a platform, pursuing add-on acquisitions while retaining the existing management team.

Ulbrich Stainless Steels & Special Metals, Inc. has acquired ATI Inc.'s precision rolled strip operations in New Bedford, Massachusetts and Remscheid, Germany. The divestiture allows ATI to streamline its portfolio and sharpen its focus on aerospace and defense materials while expanding Ulbrich's precision strip capabilities and global footprint.

KPS Capital Partners, through a newly formed affiliate, has completed the acquisition of Catalyst Acoustics Group, a leading designer and manufacturer of engineered acoustical, seismic, vibration and noise control solutions. The seller was The Stephens Group; KPS plans to support Catalyst's organic and acquisitive growth while preserving the independence and channels of its underlying brands.

CREO Group, a Mill Point Capital portfolio company, has acquired United Solutions, a Massachusetts-based designer and manufacturer of household plastic products. The add-on expands CREO Group’s product portfolio beyond horticulture into home goods, with United Solutions CEO Dave Reilly named CEO of the combined CREO Group to support growth, R&D and distribution scale.

Prince Industries, a portfolio company of HC Private Investments, has acquired Keystone Precision & Engineering, a Pepperell, Massachusetts-based precision machining and assembly business. The add-on expands Prince's production capabilities and East Coast presence, strengthening its footprint in the aerospace, defense and medical end-markets; transaction terms were not disclosed.

Vibrantz Technologies has acquired Micro Abrasives Corporation, a U.S.-based manufacturer of specialty calcined alumina used in automotive refinishing, optics polishing and industrial lapping. Micro Abrasives, which employs about 50 people across facilities in Westfield, Massachusetts and Alexandria, Louisiana, will operate as part of Vibrantz’s Advanced Materials segment to expand capabilities and end-market exposure (including semiconductors, optics and automotive).

Spectris plc agreed to acquire SciAps Incorporated for up to $260 million (upfront $200M plus up to $60M deferred), integrating the handheld XRF and LIBS specialist into Malvern Panalytical. SciAps, based in Boston, Massachusetts, is a high-growth provider of handheld materials-analysis instruments (expected 2024 sales ~$70M and adjusted EBITDA ~$12.1M); Rand Capital received $13.1M in proceeds from the sale of its SciAps investments.

Symbotic Inc. (Nasdaq: SYM) acquired substantially all of the assets of Veo Robotics, including the FreeMove 3D depth-sensing computer vision system and related IP, in an $8.7 million asset purchase that closed July 19, 2024. Symbotic will integrate FreeMove into its warehouse robotics platform to enhance safety, enable more flexible human-machine collaboration, and expand its capabilities in dynamic, vision-guided workcells.

ARCH Cutting Tools Corp. has acquired O-D Tool & Cutter, Inc., a family-owned manufacturer of solid carbide and high-speed steel round tools based in Mansfield, Massachusetts. The deal will integrate O-D Tool into ARCH's East Coast operations, with both existing ARCH and O-D Tool sites consolidating into a new 30,000-square-foot manufacturing campus in Lincoln, Rhode Island to expand capacity, engineering capabilities, and geographic presence.

Nano Dimension Ltd. will acquire all outstanding shares of Desktop Metal, Inc. in an all-cash transaction valued at $5.50 per share (approximately $183 million) — subject to possible downward adjustments to $4.07 per share. The deal combines Nano Dimension's additive electronics and high-performance materials capabilities with Desktop Metal's industrial-scale metal and polymer additive manufacturing platforms to create a broader digital manufacturing leader; the transaction is expected to close in Q4 2024, subject to customary approvals.

Los Angeles-based private equity firm Pacific Avenue Capital Partners has acquired substantially all the assets of KiddeFenwal from Carrier Global Corporation after bankruptcy-court approval. The carve-out purchases the global fire suppression and safety controls manufacturer (headquartered in Ashland, Massachusetts) with the stated aim of stabilizing the business and investing to accelerate product innovation and global growth.

An affiliate of MiddleGround Capital completed the acquisition of The L.S. Starrett Company, taking the 144-year-old precision tools and metrology manufacturer private. Under the deal, former Starrett shareholders received $16.19 per share; MiddleGround says it will support Starrett in scaling its geographic reach and expanding product offerings.

Mobix Labs, Inc. (Nasdaq: MOBX) signed a definitive agreement to acquire RaGE Systems, Inc., a Massachusetts-based radio frequency design and contract manufacturing firm, in a deal consisting of approximately $2.0M cash, $10.0M in stock and up to $8.0M in potential earn-outs. The acquisition is intended to expand Mobix Labs' RF and mmWave design and manufacturing capabilities, accelerate product development for 5G/mmWave and related markets, and immediately contribute to revenue and EPS; the deal is expected to close in May 2024.

Beacon EmbeddedWorks, a discoverIE Group company, has acquired Diamond Technologies, Inc. (DTI), a Hudson, Massachusetts-based provider of customized data-collection, automation, and industrial communications solutions. DTI will continue to operate under its brand from Hudson and will join Beacon's US-based embedded technology cluster to expand Beacon's embedded product portfolio and data-capture capabilities for regulated and industrial customers.

DelCam Capital, a Massachusetts private equity firm, has acquired Space Age Electronics, Inc., a Sterling, Massachusetts-based manufacturer of fire and life safety equipment. The deal is the first platform acquisition for DelCam Fund II; Space Age's approximately 80 employees across three facilities will remain and participate in an employee ownership initiative, and COO Matt Grady will assume leadership.

HOERBIGER, via its subsidiary Deublin Company, has acquired Diamond-Roltran, LLC — a Littleton, Massachusetts manufacturer of maintenance-free rolling-contact slip rings (Roll-Rings). The deal expands HOERBIGER/Deublin’s rotary products portfolio and is intended to accelerate market and industry reach for Diamond-Roltran’s technology; the acquisition was expected to complete on March 31, 2024.

Cornerstone Building Brands has agreed to acquire Harvey Building Products, a Waltham, Massachusetts-based manufacturer of windows and doors, from Dunes Point Capital. The acquisition adds Harvey's Harvey, SoftLite and Thermo-Tech brands, roughly 1,200 employees and four manufacturing facilities across the Northeast and Midwest, increasing Cornerstone's exposure to the Repair & Remodel (R&R) end market and strengthening its distribution and dealer channels.

Luminar Technologies has acquired the EM4 optoelectronic components and laser modules business (G&H Boston) from Gooch & Housego to strengthen its Luminar Semiconductor division and broaden its capability into aerospace and defense markets. Gooch & Housego disclosed the sale of EM4 for up to $12 million; the deal was finalised in March and supports Luminar's strategy to expand beyond automotive lidar into wider photonics and semiconductor manufacturing.

Amphenol Corporation acquired Trexon’s Industrial Products Group (IPG), a divestiture that includes the brand portfolios of TPC Wire & Cable, Pittsburgh Wire & Cable, and MilRail. The sale, completed late in 2023, transfers Trexon’s industrial cable and harsh-environment interconnect businesses to Amphenol as Trexon focuses its operations on its Engineered Products Group (EPG).

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Samtan Engineering Corporation, a single-source metalworking supplier based in Malden, Massachusetts. The purchase expands FMD's manufacturing capabilities—adding metal stamping, forming, machining, welding and assembly—to better support U.S. Navy submarine and other maritime programs.

Affiliates of KKR completed a take-private acquisition of Chase Corporation at $127.50 per share, and Chase common stock has ceased trading on the NYSE American. KKR will support Chase’s growth and employee ownership initiatives and named Lance Reisman as Chair of the Board to help drive strategic acquisitions and operational improvements.

May River Capital has partnered with Boston Centerless, a Woburn, Massachusetts-based manufacturer and distributor of precision ground bar materials, in a minority growth investment. Boston Centerless founder/CEO Steve Tamasi and the company leadership will remain in their roles and retain a significant ownership stake; terms were not disclosed.

CORE Industrial Partners completed an investment in Century Box, a Methuen, Massachusetts-based folding carton manufacturer. CORE will partner with the Kagan family and Century Box management to accelerate growth, expand capabilities, and pursue complementary acquisitions; Frank Papa will join as Chairman.

Investment affiliates of KKR completed the acquisition of CIRCOR International, Inc. for $56.00 per share, taking the company private and delisting its common stock from the New York Stock Exchange. KKR said it will support CIRCOR’s growth and operational improvements, appointing Dan Daniel as board chair and implementing an employee ownership program.

Weiss Technik North America, Inc. (WNA) has acquired all shares of Vacuum Technology Associates, doing business as Dynavac, a Massachusetts-based manufacturer of high-performance vacuum systems for space simulation and thin film deposition. Dynavac will operate as a separate legal entity under WNA, retaining its employees and facilities in Hingham and Rockland, Massachusetts; the deal expands WNA's product capabilities and presence in the aerospace, defense, and precision optics markets.

Evantic, a portfolio company of Edgewater Capital Partners, has acquired Plastic Distributors and Fabricators, LLC (PDF), a manufacturer and fabricator of high-precision, difficult-to-machine plastic components. The add-on expands Evantic's advanced materials and engineered components platform by adding prototyping, advanced machining and thermoforming capabilities and strengthens its presence in semiconductor, life sciences, aerospace & defense and clean energy end markets.

Gemini Investors completed an investment in Consolidated Sterilizer Systems, a Billerica, Massachusetts manufacturer of steam sterilizers and provider of installation and maintenance services to life sciences and healthcare customers. Separately, Gemini portfolio company Westco Grounds Maintenance acquired Champions Hydro-Lawn, an erosion-control and commercial turf specialist in the greater Houston market, as an add-on to expand Westco's commercial landscaping platform.

Compass Precision, a portfolio company of Main Street Capital Holdings, acquired Bergeron Machine, Inc., a Westford, Massachusetts-based precision Swiss-style machine shop. Bergeron, founded in 1948, operates a 14,700 sq ft facility with about 25 employees and ~30 CNC machines servicing semiconductor, aerospace, and defense customers; the acquisition is an add-on to expand Compass's manufacturing capabilities and geographic presence.

East West Manufacturing, an integrated design, engineering and electronics manufacturing services provider based in Atlanta, has acquired Eastprint Incorporated, a North Andover, Massachusetts printed-electronics and HMI specialist. The acquisition expands East West’s capabilities in printed electronics, membrane switches, IML/IMD overlays, biosensors and wearables and strengthens its presence in Massachusetts and Mexico; terms were not disclosed.

Transom Capital Group has acquired the Bose Professional division from Bose Corporation in a divestiture that transfers ownership of the company's commercial installation and conferencing businesses to the private equity firm. Bose will retain its portable PA systems and focus on its core consumer product business; financial terms were not disclosed.

Lorom Holding Co., Ltd., a Cornell Capital-backed manufacturing platform, has acquired Segue Manufacturing Services, a contract electronics manufacturer specializing in electromechanical integration, cable and harness assembly, and engineering services. The deal (terms undisclosed) adds Segue’s North American footprint (Billerica, MA) and China and Mexico operations to Lorom’s vertically integrated cable and component manufacturing capabilities; Segue was a portfolio company of Axia Capital Partners.