Tinicum L.P. Acquires Controlling Interest in Robert Spouse and children Holdings | Organization & Finance
ST. LOUIS–(Enterprise WIRE)–Jan 12, 2021–
Tinicum, L.P., and affiliated funds managed by Tinicum Incorporated (“Tinicum”) declared today that they have obtained a managing curiosity in Robert Family members Holdings, LLC. Subsequent the acquisition, Robert Family Holdings modified its title to TSL Engineered Merchandise, LLC (“TSL”).
TSL, through its a few wholly owned working subsidiaries—Advantek, LLC, Continental Disc, LLC, and Dexter Magnetic Systems, Inc.—is a diversified worldwide company of hugely specialized industrial answers.
Advantek manufactures carrier tape and linked products and solutions for the semiconductor sector. Headquartered in Eden Prairie, Minnesota, Advantek has in excess of 35 years of restricted-tolerance part supply working experience, 5 production facilities on 3 distinct continents, and a client base that consists of top semiconductor gadget companies, foundries, and assembly and check provider companies.
Continental Disc is a foremost producer of rupture discs, force- and vacuum-reduction valves, and other protection-important pressure-relief goods. Continental Disc serves various conclude marketplaces globally, which includes chemical, oil and fuel, pharmaceutical, aerospace, defense, and industrial marketplaces. Headquartered in Liberty, Missouri, Continental Disc was founded in 1965 and operates 3 manufacturing facilities in the US and India.
Dexter Magnetic Systems provides specialised magnetic factors and assemblies for use in demanding purposes in the health care, aerospace, protection, semiconductor producing, oil and gasoline, and industrial close markets. Dexter has been resolving intricate buyer issues considering that 1951 and manufactures its products and solutions at its headquarters in Elk Grove Village, Illinois.
“Through each and every of our a few operating subsidiaries, TSL presents customers with engineered products and solutions for critical applications,” mentioned Drew Ladau, CEO of TSL Engineered Goods. “Tinicum’s partnership will enable each and every of our corporations to proceed investing in the personnel, capital, and answers essential to supply sector-main goods and services to our clients around the world.”
“Advantek, Continental Disc, and Dexter are leaders inside of their respective industries since they diligently satisfy client needs with engineered remedies and superior standards of assistance,” mentioned Michael Donner, a spouse at Tinicum. “Tinicum is a extensive-time period business proprietor, and we glance forward to supporting these businesses in pursuit of their strategic programs and ongoing growth.”
Tinicum, founded in 1974, is a non-public financial investment partnership with expertise investing in personal and public businesses in industrial production, distribution, and know-how. Tinicum invests in corporations for the long time period and seeks to spouse with house owners, family members, and managers who share a very similar technique.
Get hold of: Matthew Quartner – Tinicum Integrated
Search phrase: MISSOURI UNITED STATES NORTH The us
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Source: Tinicum Included
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PUB: 01/12/2021 03:04 PM/DISC: 01/12/2021 03:05 PM
Copyright Small business Wire 2021.