BlackArch Partners LLC (“BlackArch”) is pleased to announce that Specified Air Solutions (“Specified Air” or the “Company”), a portfolio company of The Sterling Group (“Sterling”), is now part of the Madison Industries family of companies. Specified Air, headquartered in Grand Rapids, Michigan, is a multi-branded, commercial...

Oil & Gas technology and information services leader SageRider, Inc. has joined the Madison Energy vertical of Madison Industries. Founded in 2008, SageRider serves its customers from offices throughout the USA, Argentina, and Colombia.  SageRider specializes in subsurface surveillance technology, complete with pressure/temperature sensor systems, fiber...

Madison Industries has today partnered with the Centek Group.  Centek Group will join its Madison Energy vertical. Founded in 2001, Centek Group specializes in the development of engineering solutions for the world’s toughest casing running environments. Centek’s focus has always been to reduce risk and rig time....

The team at Therma-Stor has joined Madison Industries to continue its bold mission of creating safer and healthier indoor air quality for all of us through its leading dehumidification products. Madison recently reached out to Therma-Stor and after learning about its culture, products, market position...

ALS Limited has sold its multinational oil and gas business ("ALS Oil & Gas") to Madison Industries ("Madison") for $85 million. ALS Limited is a global testing, inspection and certification business. It has annual revenue of more than $1.2 billion and over 13,000 employees worldwide. The...

SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft, a manufacturer of hose, cord and cable reels for industrial applications, to Madison Industries. The total consideration of the divestment is USD 115 million on a cash-free and debt-free basis and the divestment is...

Former Danaher Executive Highly Regarded for Leadership and Operations Expertise Chicago, IL – Madison Industries announced today the appointment of Alex Joseph as a Senior Managing Director.  Prior to joining Madison, Mr. Joseph enjoyed a distinguished 30-year career at Danaher Corporation.  Most recently, he held the...

PITTSBURGH/PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that it has completed the sale of several non-core businesses related to certain castings, steel-plate fabrication and deburring operations to Madison Industries. The sale is in alignment with the company’s previously announced portfolio simplification strategy and its...