Fortress Investment Group Acquires Infra Pipe Solutions
December 3, 2024
Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Infra Pipe Solutions (IPS), a North American manufacturer of HDPE pipes and structures. Wynnchurch Capital exited the company; IPS management retained a minority stake and Fortress plans to invest to expand capacity and capture strong infrastructure demand across water, telecom and mining markets.
- Buyers
- Fortress Investment Group
- Targets
- Infra Pipe Solutions
- Sellers
- Wynnchurch Capital
- Industry
- Manufacturing
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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