Oaktree Acquires LPW Group from Wynnchurch Capital

Wynnchurch/LPW Group Acquires El Mar Ventures and Advanced Industrial Technologies (Ladish, Smith, AIT)

March 24, 2022

Manufacturing

LPW Group, a portfolio company of Wynnchurch Capital, acquired El Mar Ventures, LLC and Advanced Industrial Technologies, LLC — operators of the Ladish Valves, Smith Valves, AIT and Diamond Gear brands. The transaction expands LPW's engineered valves, actuators and gear offerings and creates a broader one-stop flow-control platform to serve petrochemical, refining, LNG, renewable and other industrial end markets.

Wynnchurch Capital Acquires Majority Stake in FloWorks from Clearlake

January 24, 2023

Industrial Services

Wynnchurch Capital has acquired a majority ownership of FloWorks International, LLC from Clearlake Capital, with Clearlake retaining a minority stake. FloWorks, headquartered in Houston, is a specialty distributor of flow control products and provider of technical MRO solutions; the recapitalization is intended to support continued organic growth and strategic M&A to expand the platform.

Oaktree Capital Makes Minority Investment in Jones Industrial Holdings (Universal Plant Services)

September 1, 2020

Industrial Services

Funds managed by Oaktree Capital Management completed a non-controlling (minority) investment in Jones Industrial Holdings, the parent of Universal Plant Services. Proceeds from the transaction were used to purchase a minority stake previously held by MML Capital Partners and provide capital to support the company’s continued growth and operational expansion.

Wynnchurch Capital Acquires The Wheel Group

February 1, 2021

Automotive

Wynnchurch Capital, a Chicago-area private equity firm, has acquired The Wheel Group, a designer and distributor of branded aftermarket wheels, specialty tires and related accessories based in Ontario, California. Wynnchurch said the investment will be a new platform to accelerate TWG's growth, leveraging the company's portfolio of proprietary brands, sourcing capabilities and 20 U.S. and Canadian sales and distribution centers.

Wynnchurch Capital Acquires Assets of Western Forge & Flange

April 13, 2020

Manufacturing

Wynnchurch Capital acquired the assets of Western Forge & Flange and will unite Western with Pennsylvania Machine Works, a Wynnchurch portfolio company, to create a larger, vertically integrated domestic manufacturer of specialty forged fittings and flanges. The deal expands the platform's capabilities and scale to better serve petrochemical, oil & gas, nuclear and defense end markets from Western's Cleveland, Texas facility.

Wynnchurch Capital Acquires Hydraulic Technologies from SPX FLOW

June 4, 2024

Manufacturing

Wynnchurch Capital has acquired Hydraulic Technologies (HT) from SPX FLOW in a carve-out transaction. HT, headquartered in Rockford, Illinois, designs, engineers and manufactures high-pressure hydraulic tools used across infrastructure, manufacturing and rail markets; Wynnchurch said it will invest to accelerate HT’s growth and build on its service and product offering.