Industrial Group Holdings Acquires Standard Locknut
November 2, 2015
Industrial Group Holdings, a portfolio company of Dunes Point Capital, has acquired Standard Locknut, LLC from investors Capital For Business and Centerfield Capital Partners. Standard Locknut is a precision manufacturer of bearing accessories based in Westfield, Indiana; the deal expands Industrial Group Holdings’ manufacturing capabilities and product offering across industrial end markets.
- Buyers
- Industrial Group Holdings, LLC, Dunes Point Capital, LLC
- Targets
- Standard Locknut, LLC
- Sellers
- Capital For Business, Centerfield Capital Partners
- Platforms
- Industrial Group Holdings, LLC
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Addon
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