Category Archives: Industrial

Industrial

Ohio Transmission Corp. Acquires NJ Branch of Argo International

Columbus, OH-based Ohio Transmission Corporation — No. 36 on Industrial Distribution’s Big 50 List — announces the acquisition of the assets of the Somerset, NJ branch location of Argo International Corporation. The New Jersey branch of Argo International Corp. is an industrial distributor focused on the industrial markets for pumps, repairs, and electrical products. The […]

Michigan company buys Swing-N-Slide

A Michigan-based manufacturer of ready-to-assemble wood storage sheds, play sets and recreational building kits has made its own backyard a little larger with the purchase of Swing-N-Slide, a Janesville-based competitor. Backyard Products of Monroe, Mich., said Wednesday it bought Swing-N-Slide–a leading consumer playground equipment company–as part of its goal to become the nation’s top provider […]

IPC Acquires Chromalox

Irving Place Capital (“IPC”), a middle-market private equity firm, announced today that it has acquired Chromalox, a global manufacturer of branded electric heating and control products, from Sentinel Capital Partners.  In connection with this transaction, the senior management team of Chromalox has increased its ownership in the company and will retain a substantial stake in […]

Tom O’Grady & Mike McLain Appointed Senior Advisors

Irving Place Capital, a middle-market private equity firm, announced today that it has appointed C. Thomas O’Grady and Michael A. McLain as Senior Advisors for the firm’s industrial practice.  Messrs. O’Grady and McLain will work closely with Irving Place Capital to identify, evaluate, and pursue new investments in branded industrial products companies and to build […]

Thermadyne Holdings Corporation Agrees to be Acquired by Irving Place Capital

Thermadyne Holdings Corporation (NASDAQ: THMD), a leading global manufacturer and marketer of metal cutting and welding products and accessories, today announced that it has entered into a definitive agreement to be acquired by affiliates of Irving Place Capital, a middle-market private equity firm, in a transaction valued at approximately $422 million, excluding fees and expenses. […]

PlayCore Announces Acquisition of Everlast Climbing Industries, Inc.

PlayCore Holdings, Inc. (PlayCore), a leading designer, manufacturer, and marketer of a broad range of play and recreation products, and a portfolio company of BSMB, is pleased to announce the acquisition of Everlast Climbing Industries, Inc. Everlast Climbing is a leader in the climbing wall industry and is dedicated to enhancing the fitness of our […]

PlayCore Announces Acquisition of Ultra Play Systems, Inc.

PlayCore, Inc., a leading designer, manufacturer, and marketer of a broad range of playground equipment and related play products, and a portfolio company of BSMB, is pleased to announce the acquisition of Ultra Play Systems, Inc. For more than 20 years, Ultra Play has manufactured and supplied park amenities, outdoor athletic equipment, preschool equipment, and […]

PlayCore Announces Acquisition of Robertson Industries, Inc.

PlayCore, Inc., a leading designer, manufacturer, and marketer of a broad range of playground equipment and related play products, is pleased to announce that it completed the acquisition of Robertson Industries, Inc. Robertson Industries, Inc. manufactures surfacing building products related to site construction, athletic and recreational surfaces, play field equipment and structures, finishes, and indoor […]

Bear Stearns Merchant Banking Announces Acquisition of PlayCore Holdings

Bear Stearns Merchant Banking (“BSMB”), a leading private equity firm focusing on middle-market investments, today announced that, together with company management, it has acquired PlayCore Holdings, Inc. (“PlayCore”) from an investor group led by Chartwell Investments. Playcore is a leading designer, manufacturer and marketer of a broad range of playground equipment, accessories and related play […]

Permira to Acquire Aearo

Permira, a leading international private equity firm, today announced that a new holding company formed by the funds it advises has signed a definitive agreement to acquire Aearo Technologies Inc. (“Aearo”), one of the world’s leading designers, manufacturers and marketers of a broad range of personal protective products and energy absorbing composites for approximately US$765 […]

Bear Stearns Merchant Banking to Acquire Aearo Corporation from Vestar Capital and Management

Bear Stearns Merchant Banking, the private equity arm of Bear, Stearns & Co. Inc. (NYSE: BSC), has agreed to acquire Aearo Corporation – a global leader in the hearing, eye, face, head and respiratory protection segments of the personal protection equipment market and a leading producer of specialty composite materials for the transportation and precision […]