Aterian Investment Partners Acquires Stein Fibers

Pelican Energy Partners Acquires Stewart Tubular Products from Aterian Investment Partners

January 22, 2024

Oil & Gas

Pelican Energy Partners, an energy-focused private equity firm, has acquired Stewart Tubular Products, LLC from Aterian Investment Partners. Stewart, headquartered in Houston, Texas, is a precision manufacturer and provider of mission-critical threading services for downhole oil & gas components; Aterian had owned Stewart since 2016 and supported investments in equipment and ERP improvements. Pelican plans to continue supporting Stewart's growth as a supplier across the oil & gas value chain.

Aterian Investment Partners Partners with Kane Communications, LLC

August 2, 2021

Telecommunications

Aterian Investment Partners announced a strategic partnership with Kane Communications, LLC, a Trenton, New Jersey-based provider of structured cabling and telecommunications/utility infrastructure services. Aterian said it formed a holding company to support Kane as a platform for nationwide expansion through organic growth and M&A, and will partner with founder Melissa Kane on the growth plan.

Aterian Investment Partners' Continuation Vehicle Acquires Vander-Bend Manufacturing

October 30, 2023

Medical Devices

Aterian Investment Partners closed Aterian Opportunities II, LP, a ~$460 million single-asset continuation vehicle to purchase Vander-Bend Manufacturing from Aterian Investment Partners II (Fund II). The transaction provides approximately $90 million of incremental growth equity to Vander-Bend and is anchored by investors including J.P. Morgan Global Alternatives, Hollyport Capital and Blackstone Strategic Partners; Aterian management and certain Fund II LPs rolled meaningful equity.

Aterian Investment Partners Acquires ATCO Industries, Inc.

May 24, 2022

Industrial Services

Aterian Investment Partners, a New York-based private equity firm, has acquired ATCO Industries, Inc., a Sterling Heights, Michigan provider of tech-enabled testing, measurement and quality containment services for the North American automotive industry. Stellus Capital Management and LBC Credit Partners provided financing for the transaction; advisors included Kirkland & Ellis, William Blair, Deloitte Corporate Finance and Honigman LLP.

Aterian Investment Partners Partners With The Pace Companies

April 9, 2019

HVAC & Mechanical

Aterian Investment Partners has entered into a strategic partnership with The Pace Companies, a Brooklyn-based plumbing, HVAC/mechanical and fire protection contractor. The transaction will provide Pace with capital and operational support to pursue growth initiatives while preserving the company's leadership and culture.

Aterian Investment Partners Announces Partnership With PJ Mechanical

September 9, 2019

HVAC & Mechanical

Aterian Investment Partners, a New York-based private investment firm, has entered into a strategic partnership with PJ Mechanical, a leading full-service mechanical contractor based in New York City. The investment will support PJ Mechanical's next phase of growth while preserving the company's family-led culture and continuing to serve large commercial, healthcare and infrastructure clients across the NYC market.