Wynnchurch Capital, L.P. (Wynnchurch), a private equity firm specializing in the middle market, is delighted to announce the sale of LPW Group Holdings, Inc. (LPW Group) to funds managed by Oaktree Capital Management, L.P. (Oaktree).
Based in Houston, Texas, LPW Group is a prominent designer and manufacturer of specialized valves, actuators, fittings, flanges, and other flow control products catering to mission-critical applications across various industrial sectors, including chemical, petrochemical, LNG, refining, renewable energy, naval, pulp & paper, among others. Operating under renowned brands such as Ladish Valves, Penn Machine, and Western Forge & Flange, the Company has solidified its position as an industry leader known for its swift lead times, innovative solutions, extensive manufacturing capabilities, and top-notch products.
Legal counsel for Wynnchurch in the transaction was provided by Foley & Lardner LLP, while Piper Sandler and BMO acted as financial advisors.
