Private equity firm Riverarch has sold Forta, a manufacturer based in Indianapolis, to The Heritage Group, a diversified industrial conglomerate. The Heritage Group operates across construction and materials, environmental services, and specialty chemicals, making Forta a strategic addition to its portfolio. The deal marks another transaction in the ongoing consolidation of the industrial manufacturing sector.

Forta, known for its expertise in manufacturing, will now operate under THG's umbrella, which has a long history of acquiring and scaling industrial businesses. While financial terms were not disclosed, the acquisition aligns with THG's strategy of expanding its footprint in materials and construction-related industries. Riverarch's decision to sell comes as private equity firms increasingly seek exits in a competitive dealmaking environment.

The transaction underscores the continued appetite for industrial assets among strategic buyers like THG. With its broad portfolio and operational expertise, The Heritage Group is well-positioned to integrate Forta into its existing operations. This deal highlights the ongoing trend of private equity exits to strategic acquirers in the manufacturing space.