Announced
Completed
Financials
Tags
pneumatic components
Acquisition
Friendly
Majority
Single Bidder
highly-engineered tools
Machinery: Industrial
Private
Private Equity
United States
Completed
Domestic
Synopsis
Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, completed the acquisition of Milton Industries, a provider of highly-engineered tools and accessories for pneumatic applications across a variety of end markets. Financial terms were not disclosed. "We are excited to partner with the management team of Milton which has led the Company's growth over the past several years and solidified its position as a market leader in pneumatic products. We look forward to collaborating to deliver a successful outcome for all," Micah Levin, LLCP Managing Director.
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