Announced
Completed
Synopsis
May River Capital, a private equity firm, completed the acquisition of Global Pump Solutions, a pump manufacturer, from CECO Environmental, a provider of environmental and industrial equipment. Financial terms were not disclosed. "Tusk Industrial is a standout business with significant growth potential, and we're excited to partner with management to drive its continued success. With our deep expertise in building businesses within the flow control sector, we are committed to investing in new products, expanding into new markets, and pursuing strategic acquisitions - all with the goal of strengthening Tusk Industrial's foundation and, most importantly, delivering greater value to its customer base," Pat St. John, May River Managing Director.
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