CNL Strategic Capital Acquires Majority Stake in Vektek Holdings
May 10, 2022
CNL Strategic Capital acquired a majority equity stake (with a concurrent debt investment) in Vektek Holdings, LLC from LFM Capital; terms were not disclosed. Vektek, headquartered in St. Joseph, Missouri, is a manufacturer of hydraulic and pneumatic workholding products serving automotive, aerospace, agriculture and other industrial end markets; the investment is intended to support continued product expansion and growth.
- Targets
- Vektek Holdings, LLC
- Sellers
- LFM Capital, Certain pre-closing members of Vektek (retained substantial equity)
- Industry
- Manufacturing
- Location
- Missouri, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.