M&A Deal Summary

The Edgewater Funds Acquires Dura Products

On June 1, 2023, private equity firm The Edgewater Funds acquired test/measurement equipment company Dura Products

Acquisition Highlights
  • This is The Edgewater Funds’ 3rd transaction in the Test/Measurement Equipment sector.
  • This is The Edgewater Funds’ 49th transaction in the United States.
  • This is The Edgewater Funds’ 2nd transaction in Indiana.

M&A Deal Summary
Date 2023-06-01
Target Dura Products
Sector Test/Measurement Equipment
Buyer(s) The Edgewater Funds
Deal Type Buyout (LBO, MBO, MBI)

Target

Dura Products

Arcadia, Indiana, United States
Dura Products is a manufacturer and distributor of fluid transfer, metering, and systems providing solutions primarily for the agriculture industry. Dura Products is based in Arcadia, Indiana.

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Buyer(S) 1

Buyer

The Edgewater Funds

Chicago, Illinois, United States
Category Private Equity Firm
Founded 1991
PE ASSETS 2.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Edgewater Funds is a private equity firm that targets investments in profitable, middle-market growth companies. Target companies typically have revenues of $20 to $500 million in revenue and EBITDA of $5 to $30 million. The Firm will consider minority and control investments in the form of growth capital financings and traditional buyouts. Edgewater looks for North American businesses operating in a variety of industries. Sectors of interest include business services; financial and government services; consumer products and services; healthcare; IT services and software; and industrial/manufacturing. Edgewater was formed in 1991 and is based in Chicago, Illinois.

DEAL STATS #
Overall 51 of 54
Sector (Test/Measurement Equipment) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 30 of 30
State (Indiana) 2 of 2
Country (United States) 49 of 52
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-19 Industrial Service Solutions

Houston, Texas, United States

Industrial Service Solutions is a provider of industrial field services, repair, and refurbishment of equipment found in most industrial and manufacturing facilities in North America. Industrial Service Solutions was founded in 2007 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Turbine Engine Specialists

Fort Worth, Texas, United States

Turbine Engine Specialists is an aftermarket solutions provider of inventory-supported maintenance, repair, overhaul, rental, and distribution services to the global private aviation market. TES was founded in 2001 and is based in Fort Worth, Texas.

Buy -
Mergr

Product

Company

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