Fusion Capital Partners (Fusion), a private investment firm specializing in engineered products and services within the industrial sector, has acquired Relevant Industrial, LLC (Relevant), a provider of industrial equipment and engineered solutions, from LKCM Headwater Investments (LKCM). Fusion will hold majority ownership in the company with LKCM remaining as a minority partner. Terms of the transaction were not disclosed.
Headquartered in Houston, TX, Relevant specializes in providing engineered products and services for critical industrial applications to a broad array of customers and end markets, supported by locations throughout the U.S. Leveraging decades of expertise, Relevant’s team of technicians, engineers, and industry specialists collaborate with customers to enhance efficiency, productivity, and safety, offering a range of industrial products, including instrumentation, automation, combustion solutions, rotating equipment, valves, and more from leading manufacturers.
This transaction marks the second acquisition for Fusion, which was launched in 2024 by Jason Cowett, Matt Brown, Tom Cutting, Jeff Chaney, Matt Veneman, and Forrest Beck. The firm’s founding team brings decades of shared experience to their portfolio company partners, an extensive history of creating value together, and well-established strategies to increase growth, enhance earnings, and optimize processes.
Following the close of the transaction, Relevant will continue to operate from its Houston, TX headquarters and remain under the leadership of its current management team.