Manufacturing

Ronin Equity acquires QBD, Minus Forty in $230m deal

Ronin Equity Partners has acquired QBD and Minus Forty, both Toronto-based makers of commercial refrigeration equipment.

PE-backed Unibloc Pump buys Flotronic Pumps

Unibloc Pump, which is backed by May River Capital, has acquired Flotronic Pumps, a UK-based diaphragm pump manufacturer.

Advent sells Distribution International to TopBuild at $1 billion valuation

Under Advent, the company completed 11 acquisitions and grew its footprint by nearly 50 locations to 101 branches.

Audax-backed FDH Aero buys Madison Aerospace

FDH Aero, which is backed by Audax Private Equity, has acquired Haltom City, Texas-based Madison Aerospace, a distributor of aerospace hardware focused on the OEM market.

Arcline-backed Quantic buys Paktron

Quantic, which is backed by Arcline Investment Management, has acquired Paktron, a maker of multilayer polymer film capacitors.

Gen Cap acquires Lab Products

Lab Products is the fourteenth acquisition made from Gen Cap’s seventh fund.

TriWest Capital sells California TrusFrame in $179.5m deal

TriWest Capital Partners has sold California TrusFrame, a Perris, California-based designer and maker of prefabricated structural building components, to Builders FirstSource.

Thor Industries buys Airxcel from L Catterton for $750m

Thor Industries Inc has acquired Wichita, Kansas-based Airxcel, a maker of RV products.

PE-backed Tilley Company buys Ingredients Solutions

Tilley Company, a portfolio company of SK Capital Partners, has acquired Ingredients Solutions Incorporated, a distributor and blender of specialty hydrocolloids.