Milton Industries Acquires ProMAXX Tool
December 7, 2022
Chicago-based Milton Industries, in partnership with financial sponsor Levine Leichtman Capital Partners (LLCP), has acquired ProMAXX Tool, a designer and manufacturer of on-the-vehicle exhaust manifold repair kits and specialty hand tools. The acquisition expands Milton's product offering and market channels in the automotive and heavy-duty truck aftermarket; ProMAXX's founder Jeff Del Rossa will lead Milton's Specialty Tool Group.
- Targets
- ProMAXX Tool
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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