Berkshire Partners-backed Harvey Performance to acquire ATA Group from Development Capital and Ireland Strategic Investment Fund.

Berkshire Partners-backed Harvey Performance, a provider of specialized cutting tools for precision machining applications, agreed to acquire ATA Group, a manufacturer of high quality tungsten carbide burrs, pneumatic air tools and speciality abrasives, from Development Capital and Ireland Strategic Investment Fund. Financial terms were not disclosed. "ATA is delighted to join Harvey Performance Company, with whom we share a unified global vision for the future. We’re focused on expanding Harvey Performance's brands across Europe and beyond while introducing ATA's leading brands to Harvey Performance’s customers. I am honoured to join the Harvey Performance board. Our management team is looking forward to collaborating with our new colleagues, and our primary focus remains on driving business growth globally,” Peter Cosgrove, ATA CEO.