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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