Chicago-based private equity firm completed the sale of GNAP, a leading national distributor of industrial abrasive products, equipment, specialty ceramics and ancillary services to CenterOak Partners. Financial terms were not disclosed. “We are pleased to partner with a strong and experienced management team that has demonstrated a proven ability to generate organic and acquisitive growth. GNAP represents an attractive opportunity to work with a leading Industrial Growth business operating in large and fragmented product categories. We are very impressed with the Company’s emphasis on technical expertise, product category leadership and customer service – three pillars of a strong and scalable value proposition.” Randall Fojtasek, CenterOak Managing Partner.