Argonaut Private Equity completed the acquisition of Center Rock.

Argonaut Private Equity, a diversified private equity fund dedicated to building emerging market leaders, completed the acquisition of Center Rock, a full line of pneumatic rock drilling tools and accessories. Financial terms were not disclosed. “Argonaut is very excited to partner with an exceptional and proven management team who is going to lead this company’s growth to the next level,” Steve Mitchell, Argonaut CEO & Managing Director.