Tracked deals
4
4 tracked deals across 2021-2023.
Operating Company
Manufacturing
ASPEQ Heating Group
Saint Louis, Missouri, United States
Formerly known as ASPEQ, ASPEQ Heating Group (SPX Technologies business), ASPEQ Heating Group LLC
Manufacturer of custom-configured electric heating and thermal management technologies and products for commercial and industrial applications, serving markets including military, marine, and rail; sells under brands such as Indeeco, Heatrex, AccuTherm, and Brasch.
- Focus Areas
- Electric heating systems, Thermal management systems, Electric heating and power control products
- Website
- www.aspeqheating.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
4 addon
ASPEQ Heating Group Acquisition Volume by Year
Last 3 years
Supporting Data
Recent Transactions
-
February 28, 2023
- Buyer
- ASPEQ Heating Group LLC, Industrial Growth Partners
- Target
- BBC Industries, Inc.
- Seller
- BBC Industries, Inc.
- Industry
- Manufacturing
- Location
- Missouri, United States
- Type
- Addon
ASPEQ Heating Group LLC, a portfolio company of Industrial Growth Partners, acquired certain business assets of BBC Industries, Inc. on February 15, 2023. The add-on expands ASPEQ's infrared electric heating technology, product scope, customer base and systems capabilities; BBC Industries will continue operating in Pacific, Missouri.
-
- Buyer
- ASPEQ Heating Group LLC, Industrial Growth Partners
- Target
- Solar Products, Inc.
- Seller
- Solar Products, Inc.
- Industry
- Manufacturing
- Location
- New Jersey, United States
- Type
- Addon
ASPEQ Heating Group, a St. Louis-based manufacturer of electric heating and thermal management products, acquired certain business assets and product lines of Solar Products, Inc., a Pompton Lakes, New Jersey manufacturer of custom infrared electric heaters. The deal is an add-on acquisition supported by ASPEQ’s sponsor, Industrial Growth Partners, intended to expand manufacturing capabilities, product technologies, and customer reach across industrial end markets.
-
April 22, 2022
- Buyer
- ASPEQ Heating Group LLC, Industrial Growth Partners
- Target
- BannerDay PipeHeating
- Seller
- Banner Engineering & Sales, Inc. (BannerDay)
- Industry
- Industrial Services
- Location
- Michigan, United States
- Type
- Addon
ASPEQ Heating Group LLC acquired the impedance pipe heating assets (BannerDay PipeHeating) from Banner Engineering & Sales, Inc. (BannerDay) on April 22, 2022. The add-on expands ASPEQ’s electric heating and thermal management capabilities and customer base; ASPEQ is a PE-backed platform owned by Industrial Growth Partners and will integrate the pipe heating line while BannerDay continues to operate its bakery business independently.
-
February 17, 2021
- Buyer
- ASPEQ Heating Group LLC, Industrial Growth Partners
- Target
- Spectrum, Inc.
- Seller
- Spectrum, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
ASPEQ Heating Group LLC, a PE-backed manufacturer of electric heating and thermal management products, acquired certain business assets and product lines of Spectrum, Inc., a Cleveland-area maker of track switch heaters, hot air blowers and rail thaw-shed heaters. The add-on strengthens ASPEQ's position in the rail market (Class 1 freight, regional and commuter rail) and brings new manufacturing technologies and capabilities to ASPEQ.
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
3 tracked deals by ASPEQ Heating Group.
Industrial Services Buyers & Acquisitions
1 tracked deal by ASPEQ Heating Group.
Acquisitions in Michigan
1 tracked deal by ASPEQ Heating Group.
Acquisitions in Missouri
1 tracked deal by ASPEQ Heating Group.
Acquisitions in New Jersey
1 tracked deal by ASPEQ Heating Group.
Acquisitions in Ohio
1 tracked deal by ASPEQ Heating Group.
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