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American Industrial Partners has agreed to acquire KMT Group from Sweden's Nordstjernan for an enterprise value of $147.5 million. KMT is a maker of ultrahigh-pressure pump products for the industrial manufacturing, surface preparation, and food processing applications. www.kmt.seAurora Capital Group has agreed to acquire National Technical Systems Inc. (Nasdaq: NTSC), a Calabasas, Calif.-based provider of testing and engineering services, for approximately $267 million. The $23 per share sale price represents a 38.7% premium to yesterday's closing price. www.nts.com

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