Kinderhook-backed Adell Group Acquires Powerflow
June 26, 2019
Adell Group Inc., a portfolio company of Kinderhook Industries, has acquired Powerflow Inc., Powerflow Products Ltd., and Gestion Solutions Plastik Inc., providers of injection-molded plastic automotive accessories. The deal — Adell's first add-on under Kinderhook — expands the platform's geographic presence, customer base and product offerings; financial terms were not disclosed.
- Buyers
- Adell Group Inc., Kinderhook Industries, LLC
- Targets
- Powerflow Inc., Powerflow Products Ltd., Gestion Solutions Plastik Inc.
- Platforms
- Adell Group Inc.
- Industry
- Automotive
- Location
- New York, United States
- Transaction Type
- Addon
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