M&A Deal Summary

American Industrial Partners Acquires GD Energy Products

On February 16, 2021, private equity firm American Industrial Partners acquired machinery company GD Energy Products from IR

Acquisition Highlights
  • This is American Industrial Partners’ 11th transaction in the Machinery sector.
  • This is American Industrial Partners’ 39th transaction in the United States.
  • This is American Industrial Partners’ 3rd transaction in Texas.

M&A Deal Summary
Date 2021-02-16
Target GD Energy Products
Sector Machinery
Buyer(s) American Industrial Partners
Sellers(s) IR
Deal Type Divestiture

Target

GD Energy Products

Houston, Texas, United States
GD Energy Products is a market leader in the design and manufacture of positive displacement pumps and associated aftermarket parts, consumables, and services primarily for North American unconventional oil & gas and other industrial end markets.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

American Industrial Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

American Industrial Partners is a private equity firm focused on investments in North American manufacturing or industrial service companies. For platform acquisitions, the Firm seeks businesses with at least $500 million of revenue and the Firm will consider transactions valued up to $2 billion. Operating characteristics of prospective businesses include historical record of strong free cash flows, opportunities to drive value through operating enhancements, and sustainable competitive advantages. American Industrial Partners will consider a variety of transaction types including leveraged buyouts, structured equity investments, bridge financings, senior debt, carve-outs, take privates, turnarounds, and rescue financings. American Industrial Partners was formed in 1989 and is based in New York City.

DEAL STATS #
Overall 44 of 53
Sector (Machinery) 11 of 12
Type (Divestiture) 15 of 19
State (Texas) 3 of 4
Country (United States) 39 of 46
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-08 Gerber Technology

Tolland, Connecticut, United States

Gerber Technology, Inc. is a provider of sophisticated hardware and software systems to automate and more effectively manage the product design and manufacturing process. Gerber Technology, Inc. was founded in 1968 and is based in Tolland, Connecticut.

Sell €300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-05 Cabinetworks Group

Livonia, Michigan, United States

Cabinetworks Group is a manufacturer of kitchen and bath cabinets, offering a highly-diverse product portfolio of framed and frameless cabinetry that spans the continuum from value-priced options to nearly custom. The Company serves both the R&R and new construction markets through dealers, distributors, home builders, and home centers. Through its manufacturing facilities and service centers strategically located through the United States, Cabinetworks delivers iconic brands including Advanta®, Cabinets 2000, Cardell®, Design-Craft®, Echelon®, KraftMaid®, Master WoodCraft™, MasterCraft™, Medallion®, Merillat®, Modico™, QualityCabinets™, Schuler®, Serenade™, Smart®, Studio Full Access™, and Yorktowne®. Cabinetworks Group is based in Livonia, Michigan.

Sell -

Seller(S) 1

SELLER

IR

Davidson, North Carolina, United States
Category Company
Founded 1859
Sector Machinery
Employees18,000
Revenue 6.8B USD (2023)
DESCRIPTION

IR is a manufacturer of highly engineered products, including compressors, liquid ring pumps and blowers for various industrial, medical, environmental, transportation and process applications, pumps used in the petroleum and industrial market segments and other fluid transfer equipment, such as loading arms and dry break couplers, serving chemical, petroleum and food industries. IR was founded in 1859 and is based in Davidson, Wisconsin.

DEAL STATS #
Overall 7 of 8
Sector (Machinery) 2 of 2
Type (Divestiture) 4 of 5
State (Texas) 2 of 2
Country (United States) 6 of 7
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Tuthill Vacuum and Blower Systems

Springfield, Missouri, United States

Tuthill Vacuum and Blower Systems is a designer and manufacturer of positive displacement blowers, mechanical vacuum pumps, vacuum boosters, and engineered systems. Based in Springfield, Mo., Tuthill Vacuum and Blower Systems has approximately 160 employees and annual revenue of approximately $60 million. Upon transaction close, the employees and brands of Tuthill Vacuum and Blower Systems will join the Ingersoll Rand Industrial Technologies and Services (IT&S) segment.

Buy $184M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 Club Car

Evans, Georgia, United States

Club Car is a global manufacturer of golf cars, utility, personal transportation, and other low-speed vehicles, including all-electric models, and related aftermarket parts and services. Club Carwas formed in 1958 and is based in Evans, Georgia.

Sell $1.7B
Mergr

Product

Company

Legal