Stellex Capital Management completed the acquisition of Peltram Plumbing.

Stellex Capital Management, a middle-market private equity firm, completed the acquisition of Peltram Plumbing, a plumbing installation and service solutions provider. Financial terms were not disclosed. “We are thrilled and humbled by this opportunity to provide capital and resources to support P3’s organic and M&A-focused expansion plan. Our goal is to materially expand maintenance and repair services capabilities in P3’s MSAs and consequently, seek to create more value for its customers and provide better opportunities for its employees,” Irina Krasik, Stellex Principal.