AIP Becomes Owner of Aluminum Duffel
New York, NY and Duffel, Belgium, June 14, 2022: American Industrial Partners Capital Fund VII, L.P. (“AIP”), through an affiliated entity, yesterday acquired ownership of the aluminium rolling mill located in Duffel, Belgium (“Aluminium Duffel”). The acquisition was...
Vectrus and Vertex to Combine, Creating a Global Leader in Mission-Essential Solutions
Creates a Leading Government Services Company with 2021 Pro Forma Revenue of Approximately $3.4 Billion, Backlog of Approximately $11.3 Billion, and Adjusted EBITDA of Approximately $283 Million Expected Annualized Cost Synergies of $20 Million, Resulting in Adjusted...
Strike Completes Sale to American Industrial Partners
February 14, 2022 04:53 PM Eastern Standard Time HOUSTON--(BUSINESS WIRE)--Strike, LLC (“the Company”) today announced the successful completion of the sale of substantially all of the Company’s assets to an affiliate of American Industrial Partners (“AIP”). The new...
Private Equity Industry’s First-Ever ESG Data Convergence Project Announces Milestone Commitment of Over 100 LPs and GPs
Global LPs and GPs representing $8.7 trillion USD in AUM and more than 1,400 private companies commit to collaborative ESG reporting system in its inaugural year January 28th, 2022 – Since its launch in September 2021, the ESG Data Convergence Project, which seeks to...
ADDMAN Deepens Space Industry And Refractory Metals Expertise Via Castheon Acquisition
Bonita Springs, FL Jan 3, 2022: ADDMAN Engineering (“ADDMAN”) announced that it has acquired Castheon Inc. (“Castheon” or “Company”), a leading provider of additive manufacturing technologies for mission-critical space applications. Founded in 2016 by Dr. Youping Gao,...
American Industrial Partners Announces Acquisition of RelaDyne, Inc.
New York, NY & Cincinnati, OH: American Industrial Partners (“AIP”) announced today that it has acquired RelaDyne, Inc. (“RelaDyne” or the “Company”) from Audax Private Equity (“Audax”). RelaDyne is a leading provider of lubricants and distributor of...
American Industrial Partners’ ADDMAN Engineering Completes Acquisition of Domaille Engineering
New York, NY and Bonita Springs, FL Dec 1, 2021: American Industrial Partners (“AIP”) and ADDMAN Engineering (“ADDMAN”) have completed the acquisition of Domaille Engineering (“Domaille”). Headquartered in Rochester, MN, Domaille is a manufacturer of mission-critical...
Affiliate of Paceline Equity Partners to Acquire AHF Products, a Leading Flooring Manufacturer
Future expansions remain a key step in AHF Products’ growth strategy MOUNTVILLE, PA, November 10, 2021 – Paceline Equity Partners, LLC today announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners....
GE Current, a Daintree company, Announces Plan to Acquire Hubbell Commercial and Industrial Lighting Business
Creates a premier end-to-end Lighting Solutions Business Closing targeted for 1Q22 Brings together two businesses with deep innovation heritage, strong brands, leading agencies and distributor partnerships New product pipeline in LED Fixtures, Controls and Lamps...
Aluminium Dunkerque Completes Refinancing
LOON-PLAGE, France, October 22, 2021: Aluminium Dunkerque Industries France SAS (formerly known as Liberty Industries France SAS) today completed the refinancing of its Senior Facility Agreement, including approximately USD 235 million of funded debt and USD 60...