Announced
Synopsis
Private investment firms RedNest Partners and Admiral Capital Group acquired Tecmotiv, a leading provider of maintenance, repair, overhaul and upgrade services and related components for military vehicle platforms. Financial terms were not disclosed. Gary Sheedy, President and CEO of Tecmotiv stated, “We’re excited to work with RedNest and Admiral to build on Tecmotiv’s strong platform with new growth opportunities while remaining laser-focused on delivering the highest quality services and components available anywhere. I personally look forward to building new strategic relationships that will complement our portfolio, enable us to expand our offering and grow our network of Teammates.”
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