Industrial Growth Partners completed the acquisition of Hultec.

Industrial Growth Partners, a specialist private investment partnership, completed the acquisition of Hultec, a designer, manufacturer, and distributor of engineered elastomer gaskets, seals, and other critical products. Financial terms were not disclosed. “IGP’s track record in the rubber polymer industry and infrastructure-related end markets made them a perfect partner for Hultec, their growth-oriented philosophy and experience supporting family ownership transitions stood out as a true differentiator and made IGP our partner of choice to carry on the legacy of our family-founded company. The Corbett family and entire Hultec team are excited to partner with IGP as we continue to grow and strengthen our business," Brad Corbett.