Industrials

Advent is acquiring the Jenbacher and Waukesha engine brands, as GE reshapes portfolio.

The ACG NY Industrial Conference featured a Fireside Chat between Corinthian Capital's Peter Van Raalte and Mergers & Acquisitions' Mary Kathleen Flynn, plus panel discussions and networking.

Former GE CEO Jeff Immelt will keynote ACG InterGrowth in a conversation led by Audax Private Equity's Jay Jester. Private equity firms raising funds include Ardian, Balance Point, BlackRock and Golub.

Berkshire Hathaway, Circor and KKR are among the buyers contributing to M&A in the industrials and manufacturing segment.

Blue Wolf, CVC, IOP and Platte River have also raised similar funds. To date, Betram's new fund has deployed capital to Anord Mardix, Spectrio and Trademark Global.

Bain Capital, Stella Environmental, Peak Rock and ProAct are among the buyers investing in the water treatment and waste management markets.

Janitorial and foodservice supply distributors Kranz, PCA Industrial and Sikes Paper were recently acquired by Imperial Dade.

The private equity firm also acquired packaging label maker WS Packaging Group in February.

Itron and One Equity Partners also completed deals in the growing power grid sector.

Dealmakers who attended the Atlanta ACG Capital Connection 2018 identify fintech, biotech and concrete as promising areas for M&A.