M&A Deal Summary

Cleanova Acquires Micronics

On March 5, 2025, Cleanova acquired manufacturer Micronics from Vance Street Capital

Acquisition Highlights
  • This is Cleanova’s 1st transaction in the Manufacturing sector.
  • This is Cleanova’s 1st transaction in the United States.
  • This is Cleanova’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2025-03-05
Target Micronics
Sector Manufacturing
Buyer(s) Cleanova
Sellers(s) Vance Street Capital
Deal Type Add-on Acquisition
Advisor(s) Lincoln International
Baird (Financial)
Paul Hastings (Legal)

Target

Micronics

Chattanooga, Tennessee, United States
Micronics is a provider of aftermarket and OEM filtration equipment and consumables for use in mining, chemical, wastewater, and various other industrial end markets. It supplies filter presses of all sizes, including the fully automatic Lasta MC, replacement plates, parts, and filter cloth and filter bags for all equipment. Micronics was formed in 1983 and is based in Chattanooga, Tennessee.

Search 204,717 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cleanova

Killarney, Ireland

Category Company
Sector Manufacturing
DESCRIPTION

Cleanova provides consumable, mission-critical industrial filtration systems that allow customers to sustain their industrial processes and protect the environment by increasing efficiency, reducing emissions, and decreasing waste. The company delivers engineered-to-order products across a range of end markets to a diversified international customer base operating in a wide variety of industrial end-markets. Cleanova is based in Killarney, Ireland.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1

Seller(S) 1

SELLER

Vance Street Capital

Pacific Palisades, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Focused
DESCRIPTION

Vance Street Capital is a private equity firm focused on acquiring mid-market, profitable businesses in the aerospace, defense, industrial, and medical technology sectors. Vance Street looks for companies valued from $30 to $350 million with sustainable competitive advantages and proven management. Prospective transaction situations include recapitalizations, management buyouts, corporate divestitures, industry consolidations, and growth capital financings. Vance Street Capital was formed in 2007 and is based in Los Angeles, California.


DEAL STATS #
Overall 12 of 12
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 7 of 7
State (Tennessee) 1 of 1
Country (United States) 9 of 9
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Fumex Air Filtration Systems

Kennesaw, Georgia, United States

Fumex Air Filtration Systems is a designer and manufacturer of commercial and industrial fume extraction solutions. providing advanced extraction solutions designed to meet the stringent health, safety, and regulatory standards required for capturing hazardous materials directly at the source. Fumex Air Filtration Systems was founded in 1986 and is based in Kennesaw, Georgia.

Buy -