PE-backed Bailey International acquires Sure Grip
Bailey International LLC, a portfolio company of U.S. private equity firm Pfingsten Partners, has bought Sure Grip Controls Inc. No financial terms were disclosed for the deal. Based in Saanichton, British Columbia, Sure Grip is a maker of joysticks, control grips and controllers for use on forestry, construction and other mobile hydraulic equipment. Update: Based in Chicago, Bailey is a manufacturer and distributer of fluid power components. Its acquisition of Sure Grip is the first since the company was bought by Pfingsten Partners in April 2012.
10 February 2015•2 mins read
