DAVIDSON, N.C. – Ingersoll Rand Inc. closed on the acquisition of Friulair S.r.l. (Friulair) in an all-cash upfront purchase price of approximately $146M.

TULSA, Okla. – Advanced Industrial Devices (AID), a portfolio company of Black Bay Energy Capital (Black Bay), is excited to announce the acquisition of R.S. Integrators, Inc. (RSI). Headquartered in Pineville, North Carolina, RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater and various other industrial markets.

MANSFIELD, Ohio – Danielle Hunter has joined Warren Rupp as their new vice president – industrial distribution. Hunter will lead Warren Rupp’s global sales team supporting industrial distribution, as well as the customer service, inside sales and technical services teams. 

ST. LOUIS, Mo. – Control Devices, LLC, a portfolio company of HBM Holdings, has announced that it has acquired Gilmore. The acquisition expands Control Devices’ flow control solutions portfolio while widening its reach in the oil and gas market. The acquisition also broadens HBM Holdings’ expertise in the flow control sector.

KIEL, Germany – Two new managing directors strengthen the management team of the Sauer Compressors Group. The compressor manufacturer has appointed Nicole Fässler as CFO and Mladen Milcinovic as COO as of January 1, 2024.