Announced
Completed
Synopsis
Wynnchurch Capital, a private equity firm, completed the acquisition of El Mar Ventures and Advanced Industrial Technologies, providers specialty valves, pneumatic actuators and gears. Financial terms were not disclosed. “We are extremely proud of the customer relationships we have built by focusing on quality, service, lead times and highly customized products. Our partnership with Wynnchurch will allow us to accelerate growth while continuing to provide our customers with unique solutions in critical applications. The entire team at Ladish, Smith and AIT are excited to embark on this next stage of our Company’s evolution,” Ryan Scott, El Mar President.
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