M&A Deal Summary |
|
|---|---|
| Date | 2025-05-30 |
| Target | L.B. White |
| Sector | Electrical Equipment |
| Buyer(s) | Modine Manufacturing Co. |
| Sellers(s) | Mason Wells |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1916 |
| Sector | Electrical Equipment |
| Revenue | 1.4B USD (2016) |
Modine Manufacturing Co. is specializes in thermal management systems and components. Modine products are used in light, medium and heavy-duty vehicles, heating, ventilation and air conditioning equipment, off-highway and industrial equipment and refrigeration systems.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Electrical Equipment M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 5 of 6 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2025 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-11 |
AbsolutAire
Kalamazoo, Michigan, United States AbsolutAire manufactures direct-fired heating, ventilation, and make-up air systems. AbsolutAire is based in Kalamazoo, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-01 |
CDI
Owatonna, Minnesota, United States CDI manufacturer specializing in desiccant dehumidification technology and critical process air handlers. CDI was founded in 1991 and is based in Owatonna, Minnesota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Mason Wells is a private equity firm focused on middle-market buyout opportunities in the Midwest US. Mason Wells looks to invest in businesses operating in engineered products and services, outsourced business services, and specialty packaging. Target companies typically generate revenue of $25 to $300 million and EBITDA of at least $5 million. The Firm prefers businesses with high barriers to entry, limited customer concentration, and strong market positions. Mason Wells was originally formed 1982 as a subsidiary of Marshall & Ilsley Corporation and became an independent firm in 1998. Mason Wells is based in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 41 |
| Sector: Electrical Equipment M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 25 of 25 |
| State: Wisconsin M&A | 22 of 22 |
| Country: United States M&A | 40 of 40 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-04 |
Keystone
Castle Rock, Colorado, United States Keystone is a provider of forensic engineering and consulting services for insurance carriers, third-party administrators, law firms, and commercial clients. Keystone is based in Castle Rock, Colorado. |
Buy | - |
