Private Equity
Allegheny Technologies Incorporated has agreed to sell its Cast Products business to Consolidated Precision Products Corp. No financial terms were disclosed. The deal is expected to close in the early part of the third quarter of this year. ATI's Cast Products is a maker of business titanium investment castings. CPP is a portfolio company of Warburg Pincus.
2 min read · 04 June 2019
Angeles Equity Partners has acquired Santa Clara, California-based APCT Inc, a maker of printed circuit board prototypes. No financial terms were disclosed. Lincoln International and Finn Dixon & Herling LLP served as financial and legal advisers, respectively, to APCT on the transaction with Massumi + Consoli LLP providing legal advice to Angeles.
3 min read · 04 June 2019
Bestop Inc, a portfolio company of Kinderhook Industries LLC, said June 4 that it acquired Softopper LLC. Financial terms weren’t announced. Softopper, of Boulder, Colorado, designs, makes and distributes convertible soft tops for light-duty pickup trucks and SUV's.
3 min read · 04 June 2019
Wynnchurch Capital has agreed to acquire two non-core forging facilities from Allegheny Technologies Incorporated for $37 million. The deal will close during the second quarter of 2019.
2 min read · 03 June 2019
Gravity Oilfield Services Inc, a portfolio company of Clearlake Capital Group LP, acquired certain water disposal assets from Pyote Water Systems III LLC. Financial terms weren’t announced.
3 min read · 03 June 2019
M&D Distributors, which is backed by Warren Equity Partners, has acquired Odessa, Texas-based Diesel Testers Inc, a provider of diesel engine parts and repair services. No financial terms were disclosed.
2 min read · 31 May 2019
Crestview Partners said may 30 that acquired Concours Mold Inc. Financial terms weren’t announced. Concours, of Windsor, Ontario, makes steel molds and tooling, primarily used in the production of plastic components for the automotive and consumer sectors.
4 min read · 30 May 2019
One Equity Partners on May 30 closed the sale of Anvil International to Smith-Cooper International. Financial terms weren’t announced. Anvil, of Exeter, New Hampshire, makes branded fittings, seismic bracing, struts, pipe shields and valves for U.S. and global businesses across the industrial, mechanical, fire protection, mining and energy industries.
3 min read · 30 May 2019
Anvil International and Smith-Cooper International have closed its previously announced merger. No financial terms were disclosed. The combined company is majority owned by Tailwind Capital. Anvil is a maker of products that connect and support piping systems while Smith-Cooper is a provider of branded, high-quality pipes, valves and fittings.
3 min read · 29 May 2019
EPTAM Precision Solutions, a portfolio company of New Heritage Capital, has acquired Phillipsburg, New Jersey-based Micro Molding, a provider of plastic injection molding and catheter tipping solutions. No financial terms were disclosed.
2 min read · 29 May 2019
