Px3 Partners completed the acquisition of its filtration devision from Celeros Flow Technology.

Px3 Partners, a venture capital firm that invests in early-stage companies, completed the acquisition of its filtration devision from Celeros Flow Technology, an industrial engineering firm that designs, installs and sells various products from pumps to valves. Financial terms were not disclosed. "We are thrilled to announce our first investment with the acquisition of Filtration. We look forward to working closely with the Company’s management team to build a global industrial filtration champion and purpose-driven leader in clean tech, with a best-in-class culture of performance. The acquisition perfectly aligns with our investment strategy, our situational differentiation, and our commitment to invest in high-quality businesses, with passionate teams and significant transformational growth potential. We are excited to partner with Filtration to accelerate the Company’s expansion plans and drive significant value for all of our stakeholders," Petter Johnsson, Px3 Partners Managing Partner.