Private investment firm Platinum Equity, Los Angeles, CA, has signed a definitive agreement to acquire for $630 million Textron Fastening Systems, a global provider of fastening technologies and services to customers in a broad range of industries. The seller is Textron Inc., which announced in late 2005 that it would sell the $1.8 billion revenue […]
Platinum Equity to Acquire Textron Fastening Systems for $630M Read More »
Heritage Partners, Inc., Boston, MA, a private equity firm focused on family-owned businesses, has made an investment in OneSource Distributors Inc. OneSource is a family-owned electrical distribution company in Southern California, one of the largest and fastest growing electrical products markets in the country. The transaction was structured as a Heritage Partners Private IPO, allowing
Heritage Partners Invests in OneSource Distributors Read More »
DXP Enterprises Inc. has acquired Production Pump and Machine Tech, companies that specialize in pumping equipment for oilfields, pipelines, and municipalities. DXP paid about $10.1 million for the acquired businesses and assumed about $0.4 million worth of debt. The acquired businesses operate from three facilities with capabilities of fabricating, machining and value-added services. These businesses specialize
DXP Enterprises Acquires Two Companies Read More »
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