Announced

Levine Leichtman Capital Partners to acquire USA Industries from Sky Island Capital.

Synopsis

Levine Leichtman Capital Partners, a private equity and venture capital firm, to acquire USA Industries, a manufacturer and supplier of piping isolation and testing products, orifice plates, heat exchanger tube plugs, and tools, from Sky Island Capital, a lower middle market private equity firm. Financial terms were not disclosed. "We are excited to partner with Justin and the existing management team, who have driven impressive growth of USA Industries. The Company has proven to be an increasingly valuable supplier to its loyal customer base. Together we can build on this momentum and market position to continue this compelling growth trend," Micah Levin, LLCP Partner.

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