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Announced

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

Synopsis

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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