Industrials

Aurora, Illinois-based Rensa makes tight-tolerance air filters for data centers, power generation, healthcare and semiconductor manufacturing.

Competition for these assets is certainly increasing, despite the challenges posed by the sector.

'European and allied governments are spending more on defense and security than at any point in a generation, and the companies we back are winning real contracts earlier than they would have done a few years ago,' says CEO and founder John James.

Headquartered in Mooresville, North Carolina, Callaway offers specialized cleaning, painting, flooring, upfits, renovation and other facility management services to industrial and commercial plants.

UK-headquartered Clarion owns and operates more than 100 B2B brands. Its 10 largest category franchises account for two-thirds of revenues.

Miya, founded in 2007, helps water utilities reduce non-revenue water, which is lost through leaks, theft or metering errors before it reaches customers.

Gryphon's TTDS adds heat transfer specialist Thermal Products in latest add-on

Carl Stanton, who has co-led three private equity investment groups over three decades, joins to strengthen Avance's industrial services focus.

Based in Tulsa, Advanced Industrial Devices makes systems that control motor speed, distribute power and automate operations for data center, water and power infrastructure customers.

Iterchimica develops asphalt additives for the European market, and Surface Tech makes aramid fiber reinforcement for roads in North America.