Mergers & Acquisitions

Mergers & Acquisitions

UltraFlex Power Technologies Acquires Induction Technology Corporation (ITC)

[July 8th, 2019] UltraFlex Power Technologies (UltraFlex) a leading, manufacturer of advanced, modular induction heating equipment has announced the acquisition of Induction Technology Corporation (ITC), a California based manufacturer of induction heating and melting equipment. The acquisition of Induction Technology Corporation will further support UltraFlex’s trajectory for continued growth...

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Mergers & Acquisitions

Industrial Scientific Acquires SAFER® Systems, Leader in Real-Time Plume Monitoring

SAFER Systems brings the industry’s only real-time plume monitoring, modeling, and mitigation capabilities to Industrial Scientific PITTSBURGH, PA – 8 JULY 2019 – Industrial Scientific, a global leader in connected sensing technology is pleased to announce that it has signed and closed on a definitive agreement to acquire SAFER® Systems, headquartered in Westlake Village, California....

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Mergers & Acquisitions

Sager Electronics Completes Acquisition of Technical Power Systems

MIDDLEBOROUGH, Mass. – July 2, 2019 – Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components and provider of value-add solutions, today announced that it has completed the acquisition of Technical Power Systems (TPS), a specialist in the production of custom battery assemblies headquartered in Lisle, Illinois. The addition of Technical...

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Mergers & Acquisitions

Keyfactor Acquires Spanish Digital Identity Firm Redtrust

Acquisition accelerates Keyfactor innovation, European expansion Cleveland, Ohio, July 2, 2019 – Keyfactor, a leading provider of secure digital identity management solutions, today announced the acquisition of Spain-based Redtrust, a digital identity solutions company providing centralized certificate and digital signature management. “Like Keyfactor, Redtrust is fiercely committed to...

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Mergers & Acquisitions

DENSO Wiper Systems to be Established to Offer Safer and More Reliable Wiper Systems

Nippon Wiper Blade to be merged with Asahi Manufacturing Kariya (Japan) ― DENSO Corporation today announced that Nippon Wiper Blade Co., Ltd. and Asahi Manufacturing Co., Ltd., both of which are subsidiaries of DENSO Corporation, will merge on October 1, 2019, and make a new start as DENSO Wiper Systems, Inc. With the auto industry undergoing a once-in-a-century transformation, the business...

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Mergers & Acquisitions

Johnson & Towers and Western Branch Diesel Announce Merger

Baltimore, Maryland, and Portsmouth, Virginia – June 28, 2019 – Johnson & Towers, Inc. and Western Branch Diesel, Inc. today announced that they have closed on a transaction merging the respective organizations. Johnson & Towers LLC and Western Branch Diesel LLC, along with Johnson Truck Center LLC and Dovell & Williams LLC, will all fall under the newly created INDEL POWER GROUP LLC. The...

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Mergers & Acquisitions

McDermott Provides Update on Asset Sale Process

HOUSTON, July 1, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today provided an update on its asset sale process. The company has completed the sale of Alloy Piping Products (APP), the distribution and manufacturing arm of its U.S. pipe fabrication business. APP maintains, distributes and manufactures an extensive inventory of commodity fittings and specialty piping...

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Mergers & Acquisitions

Pioneer Reaches Agreement to Sell Transformer Business for Approximately $65 Million

FORT LEE, N.J., July 1, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has reached an agreement to sell its liquid filled and dry type transformer businesses to Mill Point Capital, a...

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Mergers & Acquisitions

HydroHoist and ShoreMaster Announce Merger

Marine Leaders Create World’s Largest Marine Equipment Manufacturer  Fergus Falls, Minn. and Claremore, Okla. – ShoreMaster, LLC (“ShoreMaster”) and HydroHoist Marine Group, Inc. (“HydroHoist”) are excited to announce the merger of their businesses. The combined product offering of these industry-leading brands covers the broadest spectrum of boat types, sizes and marine...

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