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Current CFO Anthony Dodds takes on the role of president.
Alantra served as financial advisor to Crosby and Kirkland & Ellis and Vinge served as legal advisors.
The CFNAI Diffusion Index decreased to 0.22 during the month.
The acquisition will expand PIP Globals product offering and channel penetration.
Christian Wiltrout was most recently president, Americas at Optimas OE Solutions.
Seven of the eight major components were up year over year in April.
The company reported a loss of 86 million during the quarter.
Baileighs operations will remain in their two current Wisconsin locations.
The first three months of 2019 saw total orders at $1.13 billion, a 9.5% decline over the same timeframe in 2018.