Abrasive Products & Equipment LP
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Based in Deer Park, Texas, Abrasive Products & Equipment LP is a specialty industrial distribution company that was founded in 1979. Abrasive Products & Equipment LP sells, rent and service portable air blast equipment. Abrasive Products & Equipment revenues are primarily derived from industrial clients inthe Gulf Coast Region of the United States. Abrasive Products & Equipment LP is a private-equity backed company, having changed control in a leveraged buyout transaction in 2010 lead by private equity firm Shoreview Industries. (For details on the Shoreview Industries acquisition of Abrasive Products & Equipment, see PrivCo's M&A Table for Abrasive Products & Equipment.) Abrasive Products & Equipment LP is based in Dallas, Texas, but with several sales and service offices in Louisiana.
Keywords
Keywords
Classified
Private