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New Deal


Announced

Completed

Vance Street Capital completed the acquisition of a stake in Keltec Technolab.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Electronic Equipment: Control and Filter

filtration solutions

compressed air solutions

Acquisition

Minority

Private

Domestic

Completed

Friendly

Single Bidder

Synopsis

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Vance Street Capital, a Los Angeles-based private equity firm, completed the acquisition of a stake in Keltec Technolab, a company that specializes in designing, developing, and manufacturing of an extensive array of filtration solutions for compressed air solutions across various industries. Financial terms were not disclosed. "I'm thrilled about this partnership as it empowers us to invest in growth, both organically and through M&A, thereby strengthening our market position as an aftermarket filtration parts provider. This opportunity also allows us to maintain a culture dedicated to surpassing the needs and expectations of our customers. Vance Street's track record of focusing on how to grow an organization, investing in the right people, process and product innovation, is a great fit for our organization," Ed Kaiser, Keltec Technolab CEO.

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