Deals in brief

Arlington Capital forms new manufacturing company Kinetic Engine Systems

Kinetic was formed through the combination of the engine assets of existing Arlington portfolio company Cadence Aerospace and the newly completed acquisitions of Walbar Engine Components, Numet Machining Techniques, LLC and AeroCision, LLC.

AUA Private Equity snaps up Weaver Popcorn Manufacturing

Grant Thornton and Boston Consulting Group served as commercial and financial advisors for AUA Private Equity while Ernst & Young Capital Advisors, LLC served as financial advisor to Weaver Popcorn Manufacturing.

Insight Partners-backed Dotmatics acquires software firm M-Star

Dotmatics is a provider of R&D scientific software.

HCI scoops up lawn care companies Delaware Valley Turf and Brookside Lawn Service

The acquisitions represent HCI’s third and fourth investments in the lawn care space.

Entrepreneurial Equity Partners sells sausage and hot dogs maker Salm Partners

Johnsonville is a manufacturer of sausage and other food products.

Pharos Capital acquires medical device company RhythMedix

RhythMedix’s existing management team is reinvesting alongside Pharos and will remain with the company in their current roles.

Triton-backed Flokk to acquire furniture maker Stylex

Headquartered in Oslo, Flokk is a manufacturer of office seating and furniture.

McNally Capital to divest Advanced Micro Instruments to Enpro

The transaction is expected to close in early 2024.

Pet care company Heart + Paw snags investment from Whistler Capital

Heart + Paw will continue to be led by its existing management team, including founder and Chief Veterinary Officer Dr. George Melillo, and CEO Dave Lasus.

Robin AI lands $26m Series B

Temasek led the round with participation from other backers that included QuantumLight, Plural and AFG Partners.