Mergers & Acquisitions

Power Transmission/Motion Control

Article

IBT Industrial Solutions Acquires Indesco in Charlotte

The acquisition adds Indesco’s hydraulic, pneumatic and power transmission expertise and expands IBT Industrial Solutions’ distribution presence into the Southeast.

One Equity Partners is acquiring United WELD Holdings, including flagship pipe fabrication and distribution businesses EPIC Piping, from Bernhard Capital Partners.

The century-old contractor equipment and concrete supplies distributor will add four Iowa locations and expand White Cap’s product and service capabilities across portions of the Midwest.