LPW Group Holdings, Inc. (LPW Group), a company specializing in the design and manufacturing of critical-use valves, actuators, fittings, and flanges, has announced its definitive agreement to be acquired by funds managed by Oaktree Capital Management, L.P. (Oaktree). This acquisition, conducted in collaboration with LPW Group’s management, is poised to furnish the company with additional resources essential for advancing its strategic vision and growth initiatives. The specific terms of the transaction have not been disclosed.
Comprising renowned flow control brands with a collective heritage spanning 275 years, LPW Group’s portfolio embodies a rich legacy of manufacturing and application expertise. The company’s range of meticulously engineered and customized flow control products finds extensive application in mission-critical processes across various industries, including the process, energy transition, and naval sectors.
Latham & Watkins LLP acted as the legal advisor to Oaktree throughout the transaction, facilitating a seamless process.
