LDR Growth Partners Acquires ATI Corporation

LDR Partners Acquires Active Radiator and Forms Active Thermal Solutions Platform

July 9, 2025

Manufacturing

LDR Partners LP acquired Active Radiator, a Philadelphia-based manufacturer, servicer and distributor of heavy-duty radiators and heat exchangers, in a transaction that closed July 3, 2025. LDR combined Active with Cincinnati Radiator and Ohio Heat Transfer under a unified platform, Active Thermal Solutions, to build the largest U.S. heavy manufacturing platform for aluminum industrial heat exchangers and expand aftermarket and OEM capabilities.

LDR Partners' ICS Acquires Load Controls Incorporated

May 14, 2025

Manufacturing

Industrial Control Solutions (ICS), the controls and instrumentation platform backed by LDR Partners LP, acquired Load Controls Incorporated in a private transaction completed May 14, 2025. The deal was led and financed by LDR (via LDR Growth Partners Fund I LP) with financing support from Advantage Capital; founder/owner Mike McClurg and his family will work with ICS on the transition and future product development.

LDR Partners Combines Universal Impact Technologies and ATI Group to Form ATI Group Holdings

January 8, 2025

Manufacturing

LDR Partners, through its LDR Growth Partners Fund I LP, led a strategic merger between Universal Impact Technologies, Inc. and ATI Group LLC to form ATI Group Holdings. The combined company—bringing together the Hurricane Attachments and Level Best brands—will be led by Mike Cardinal as CEO and aims to scale manufacturing capabilities and expand product offerings for construction and landscaping equipment attachments.

LDR Growth Partners Acquires Cincinnati Radiator and Ohio Heat Transfer

August 8, 2022

Manufacturing

LDR Growth Partners acquired the businesses of Cincinnati Radiator Inc. and Ohio Heat Transfer Ltd. in a private transaction. The two Midwest-based manufacturers of heavy-duty heat exchangers and radiators will be scaled through capacity expansion, vertical integration, and continued focus on fast delivery to OEM customers under LDR ownership.

LDR Growth Partners Acquires Mustang Motorcycle Products (Mustang Seats)

April 4, 2022

Manufacturing

LDR Growth Partners acquired Mustang Motorcycle Products LLC (Mustang Seats) from Motorsport Aftermarket Group and investors led by Monomoy Capital Partners. LDR plans to invest in Mustang’s factory operations, manufacturing technology, production capacity and marketing to support domestic and international growth while keeping operations in Three Rivers, Massachusetts.

TSG Consumer Partners Makes Growth Investment in American Technologies (ATI)

August 4, 2020

Environmental Services

TSG Consumer Partners has made a minority growth investment in American Technologies, Inc. (ATI), a national leader in disaster restoration, environmental remediation and reconstruction services. The Moore family will retain ownership and ATI’s management team will remain in place; proceeds will be used to accelerate geographic expansion, platform growth and strategic acquisitions.