PE-Backed H-D Advanced Manufacturing Acquires Edmonton's iMech
Two Edmonton, Alberta-based companies, Innovative Mechanical Solutions Ltd. and Leading Edge Heat Treatment Ltd., together known as iMech, have merged with H-D Advanced Manufacturing Co., which was formed in December 2012 by U.S. private equity firms The Riverside Company, Hicks Equity Partners and Weinberg Capital Group. Financial terms were not disclosed. iMech manufactures custom bearings for the drilling motor industry. H-D was established to acquire manufacturers of heavy-duty, precision engineered parts.
1 August 2013•4 mins read
