Victor Capital Partners completed the acquisition of the The Coats Company from Vontier for $72m.

Victor Capital Partners, a private equity firm, completed the acquisition of the The Coats Company, a manufacturer and distributor of wheel service, alignment, inspection, lift and shop productivity equipment, from Vontier, an industrial technology company, for $72m. “We are excited to partner with the Coats team and support the next chapter of the company’s growth. Together, we will work to accelerate investments to achieve Coats’ future potential as a bigger, stronger company with an expanded product portfolio and robust national service offering," Doug Korn, Victor Capital Managing Partner.