Industrial Opportunity Partners Acquires COMP Cams (adds to Edelbrock platform)

Industrial Opportunity Partners Acquires United Poly Systems

June 11, 2019

Manufacturing

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, has acquired United Poly Systems LLC, a manufacturer of made-to-order HDPE pressure and duct/conduit pipe headquartered in Springfield, Missouri. IOP is partnering with the company's founders and management team to expand production capacity and product offerings; terms were not disclosed.

Industrial Opportunity Partners Acquires Raven Engineered Films Division from CNH Industrial

April 29, 2022

Manufacturing

Industrial Opportunity Partners (IOP) has acquired the Raven Engineered Films Division from CNH Industrial for $350 million. The Sioux Falls-based business, a manufacturer of engineered polymer films and sheeting for agriculture, construction and industrial markets, will operate as IOP's first platform investment from Fund IV with management continuing to lead the company.

Industrial Opportunity Partners Acquires PolyVision from Steelcase

February 24, 2020

Building Products

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, acquired PolyVision Corporation — formerly a subsidiary of Steelcase — in a carve-out transaction; terms were not disclosed. PolyVision, headquartered in Johns Creek, Georgia, manufactures CeramicSteel writing surfaces and architectural cladding for education, healthcare, commercial office and transit end-markets; IOP said it will partner with existing management (Peter Lewchanin to remain CEO) to grow the business.

Tool Tech Acquires Cameron Tool Corporation

January 30, 2023

Manufacturing

Tool Tech, LLC of Springfield, Ohio has acquired Cameron Tool Corporation, a Lansing, Michigan-based tool and die manufacturer and ESOP company. The transaction brings Cameron Tool's ~80–85 employees and complementary stamping, die building, and machining capabilities into Tool Tech's platform to expand capabilities and serve existing and new customers across automotive, aerospace, and defense markets.

Industrial Opportunity Partners Acquires Midwest Paper

January 8, 2020

Manufacturing

Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, has acquired Midwest Recycled and Coated Containerboard Mill, LLC ("Midwest Paper"), a paper mill headquartered in Combined Locks, Wisconsin. Terms were not disclosed; the transaction is IOP’s fourth platform investment from its third fund and was financed with senior debt from JP Morgan Chase Bank and Chemical Bank and subordinated debt from Yukon Partners.

Sandvik Acquires ICAM Technologies Corporation

November 25, 2021

Software

Sandvik AB has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of post-processing, machine simulation and tool-path optimization software for CNC machining. ICAM (founded in Montreal in 1971) will be reported within Sandvik Coromant; the company has about 27 employees and 2020 revenues of roughly SEK 30 million. The deal is expected to close in Q4 2021 and strengthens Sandvik's verification and optimization offering for component manufacturing.