The 2020 Mid-Year Economic Update_long

Abrasive Products & Equipment Acquired by Private Equity Firm

Abrasive Products & Equipment has 14 locations in the Gulf Coast and Mid-Atlantic regions.

Deer Park, TX-based Abrasive Products & Equipment, a specialty distributor of surface preparation, remediation, abatement, safety, environmental and waterjet cutting products, has been acquired by Ridgemont Equity Partners, Charlotte, NC. Financial terms of the transaction were not disclosed.

Abrasive Products & Equipment operates through four brands – AP&E, BKW, SharpJet and Safety Pros – out of 14 locations throughout the Gulf Coast and Mid-Atlantic regions. The company provides abrasive material and equipment and safety, maintenance and environmental supplies for surface preparation demands of contractors across a variety of industrial markets.

“AP&E is a natural fit for Ridgemont’s portfolio,” said John Shimp, partner at Ridgemont. “There is a lot of exciting activity around the petrochemical complex in the Gulf Coast and this investment is a continued evolution of Ridgemont’s broader thesis around these attractive market dynamics.”

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