Global Power Equipment Group Inc. (Global Power) has acquired 100% of Koontz-Wagner Custom Controls Holdings LLC (Koontz-Wagner) for US$31.5 million.
Texas-based Global Power is a design, engineering and manufacturing firm providing a broad array of equipment and services to the global power infrastructure, energy and process industries. The addition of Koontz-Wagner will expand Global Power's products portfolio and supports the expansion into adjacent infrastructure products and services.
Koontz-Wagner is a leading manufacturer and integrator of engineered packaged control house solutions for the energy, oil and gas, and electrical industries.
One of Oaklins' teams in the USA advised the buyer in this transaction.
Michael S. Goldman
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