Announced

Completed

Lion Equity Partners completed the acquisition of Elkhart Tri-Went Industrial from Aalberts.

Synopsis

Lion Equity Partners, a private equity firm, completed the acquisition of Elkhart Tri-Went Industrial, a manufacturer of extruded aluminum components and fabricated copper tube products, from Aalberts, a manufacturer of mission critical technologies. Financial terms were not disclosed. “Through its exceptional customer service, high quality products and talented employee base, ETI has distinguished itself as a trusted partner to bring complex, industrial solutions to the OEM market. ETI’s design expertise and FormCastTM proprietary manufacturing capabilities are key differentiators and provide a strong foundation for future growth, both organically and through strategic add-on acquisitions,” Ari Silverman, Lion Equity Partners Co-Founder and Partner.

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