Industrials

Graycliff completes acquisition of Electro-Mechanical Corp

Electro-Mechanical Corp is the fourth investment from Graycliff’s fourth private equity fund.

Levine Leichtman acquires In-Place Machining Co.

In-Place, which provides field machining, metrology and diamond wire-cutting services, will continue to be led by CEO Dean Flint and the existing management team.

Turnspire Capital agrees to acquire assets of Spectra Premium Industries

The transaction includes all of Spectra’s assets in the US and Canada as well as the stock of the Company’s Taiwanese subsidiary.

Z Capital completes sale of Premier Thermal Solutions

Z Capital acquired the business in 2017 as a corporate carveout.

Pike Street invests in PumpTech

Pike Street Capital has made an investment in Bellevue, Washington-based PumpTech, a provider of pump, process, and environmental products and services.

Boyne Capital acquires majority stake in Sonic Systems International

Boyne, which invested in Sonic Systems through its second fund, partnered on the deal with Breakwater North.

Align Capital agrees to sell Pleatco for $255m in third announced exit of the year

Align acquired Pleatco in June 2017, which more than doubled its revenue and increased employee headcount to more than 380 from 180 during its hold period.

Lynx Equity buys signage manufacturer Meteor Signs

Canadian private equity firm Lynx Equity has acquired Meteor Signs, a London, Ontario-based signage designer and manufacturer.

Stellex-backed Fenix Partners buys Charlie's Truck & Auto Parts

Fenix Parts, which is backed by Stellex Capital Management, has acquired the assets of Tomball, Texas-based Charlie's Truck & Auto Parts, an automotive recycling facility.