American Industrial Partners completed the investment in Austin Powder.

American Industrial Partners, an American private equity firm, completed the investment in Austin Powder, an industrial explosives and engineered blasting solutions provider. Financial terms were not disclosed. "Austin Powder's unique heritage and inspiring culture has stewarded the business to great heights while maintaining a strong core of safety, customer focus and family. We look forward to building upon Austin Powder's tremendous legacy, investing in the growth opportunity ahead of us, and enabling the company to continue delivering on its worthy and important mission. We look forward to partnering closely with the Austin Powder management team and the family of shareholders to chart the company's third century of growth and success," Justin Fish, AIP Partner.