Solve Industrial Motion Group Acquires Bearings Limited and Tritan Brand
December 16, 2021
Solve Industrial Motion Group, a portfolio company of Audax Private Equity, has acquired Bearings Limited and its Tritan brand. The add-on expands Solve's manufacturing and distribution footprint across North America, adding more than 25,000 Tritan products and six regional stocking locations to the Solve platform.
- Buyers
- Solve Industrial Motion Group, Audax Private Equity
- Targets
- Bearings Limited, Tritan (brand)
- Sellers
- Owners of Bearings Limited (family ownership)
- Platforms
- Solve Industrial Motion Group
- Industry
- Manufacturing
- Location
- New York, United States
- Transaction Type
- Addon
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