LPW Group Holdings, Inc., a leading designer and manufacturer of critical-use valves, actuators, fittings, and flanges, announced it has entered into a definitive agreement to be acquired by funds managed by Oaktree Capital Management, L.P. In partnership with management, Oaktree’s acquisition will provide additional resources to support the Company’s strategic vision and growth plans. Terms of the transaction were not disclosed.
LPW Group comprises leading flow control brands which have a combined 275-year history, each sharing a heritage in manufacturing and application expertise. The Company’s portfolio of highly engineered and custom flow control products is used in mission critical applications across the process industries and increasingly in energy transition and naval markets.
Courtesy of LPW Group.