Auctus Capital Partners to acquire SPIG and GMAB from Babcock & Wilcox.

Synopsis

Auctus Capital Partners, a private equity firm, agreed to acquire SPIG, a manufacturer and distributor of cooling equipment, and GMAB, a provider of cooling systems, from Babcock & Wilcox, an energy technology company and service provider. Financial terms were not disclosed.

Principals

target

SPIG

bidder

Auctus Capital Partners

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