Genstar Capital completed the acquisition of Abracon from The Riverside Company.

Genstar Capital, a private equity firm, completed the acquisition of Abracon, an industrial machines manufacturer, from The Riverside Company, a private equity firm. Financial terms were not disclosed. “Riverside was a great investment partner that worked alongside us to significantly expand the platform while investing in our management team and infrastructure to position us for long-term growth,” Michael Calabria, Abracon CEO.