RedNest and Admiral buy Tecmotiv

RedNest Partners and Admiral Capital Group have acquired Niagara Falls, New York and Concord, Ontario-based Tecmotiv, a provider of maintenance, repair, overhaul and upgrade services and related components for military vehicle platforms. No financial terms were disclosed. In addition to the transaction, Gary Sheedy will become president and CEO of Tecmotiv. Philpott Ball & Werner LLC was the investment banking adviser to Tecmotiv.

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