Announced
Completed
Synopsis
Kanbrick, a private equity firm, completed the acquisition of a minority stake in Depatie Fluid Power Group, a manufacturer, distributor, and service provider of fluid power components and automation systems. Financial terms were not disclosed. “I’ve had the chance to get to know the Kanbrick team over the past two years, and we’re excited to partner with a group that shares our passion for our team members and the customers we serve. As technology continues to evolve across our industry, this long-term partnership gives us the resources and strategic support to stay at the forefront of motion control and automation,” Ryan Thomas, Depatie President and General Manager.
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