New State Capital Partners has taken a majority stake in Harrell-Fish Inc.
December 9, 2025
With HFI’s leadership team retaining ownership and staying in place, the partnership aims to expand the company’s HVAC and plumbing capabilities, pursue strategic acquisitions and build on its position in key commercial and institutional markets.
A. O. Smith expands its footprint in the commercial water management market with the $470 million acquisition.
November 12, 2025
A. O. Smith Corporation has signed a definitive agreement to acquire Leonard Valve, a leader in thermostatic and digital mixing valves, along with its Heat-Timer brand.
The two companies have acquired Bingham & Taylor, a Virginia-based manufacturer of underground infrastructure access solutions.
November 6, 2025
The acquisition aims to strengthen Charlotte Pipe’s position in the waterworks industry and unites three long-established American manufacturers with shared commitments to domestic production.
CEO Matt Baude and CFO Angelia Ryan to continue leading Airo and remain significant shareholders in the company.
August 7, 2025
This new partnership aims to enable increased investment in Airo’s customer offering, technology, employee development programs, geographic expansion in the Southeast and project diversification initiatives.