The Resolute Fund III L.P., a private equity fund managed by The Jordan Co., announced that it has acquired DiversiTech Corp. in partnership with the existing management team from the company’s shareholder group, led by longtime chairman, Charles Lipman.

Transformative Wave announced that the Canadian Intellectual Property Office has issued patent approval on the company’s CATALYST technology, marking the fourth overall patent for the product. The CATALYST is an energy efficiency solution for existing commercial constant volume HVAC systems.

The Mechanical Contractors Association of America (MCAA) and the Mechanical Service Contractors of America (MSCA) have revised their Model NFPA 70E Electrical Safety Program for Service to make its contents consistent with recent revisions to the NFPA Standard for Electrical Safety in the Workplace (NFPA 70E - 2015).

Hypertherm announced it is reinforcing its commitment to welding schools and training programs by making all 10 hours of its American Welding Society (AWS) SENSE approved curriculum available for free download to instructors. At the same time, the company is launching a new educational grant program.