Oaktree Capital Management completed the acquisition of LPW Group.

Oaktree Capital Management, an American global asset management firm specializing in alternative investment strategies, completed the acquisition of LPW Group, a designer and manufacturer of critical-use valves, actuators, fittings, and flanges. Financial terms were not disclosed. “We are excited to begin our partnership with Oaktree, which has extensive experience in our markets and shares our commitment to delivering high-quality products and exceptional customer service. This investment will help LPW Group build on its reputation as the supplier of choice for critical-use flow control products,” Mark Bowie, LPW Group CEO.