Wind Point Partners Acquires and Combines Clock Spring and Neptune Research to Form ClockSpring|NRI
January 24, 2019
Wind Point Partners has acquired Clock Spring Company, Inc. and Neptune Research, LLC and merged them into a single platform named ClockSpring|NRI. The combined Houston-based business will manufacture composite repair products, insertion valves and gaskets for pipeline, petrochemical, water and civil infrastructure markets; Palm Beach Capital will exit its investment and Wind Point plans to grow the business via new products, capabilities and add-on acquisitions.
- Buyers
- Wind Point Partners
- Targets
- Clock Spring Company, Inc., Neptune Research, LLC
- Sellers
- Palm Beach Capital
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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