Heat Treating Incorporated has been acquired by a private investor group
June 2015 — The private shareholders of Heat Treating Incorporated (HTI) have sold the company to a private investor group. Financial details have not been disclosed.
Florida-based HTI is a rapidly growing, highly profitable, privately-held company providing portable on-site heat treating and machining to comply with mandated code requirements. With supply centers throughout the USA, the company employs more than a hundred field-qualified technicians. Strategic locations give HTI the benefit of fast service and equipment delivery. The company is also involved in the field machining industry. By manufacturing state-of-the-art technology and implementing new ways of field machining, HTI continues to set new standards for the industrial sector.
The buyer group established a company specifically for the acquisition.
Our role in the transaction
Oaklins' team in Dallas acted as financial advisor to the seller, ultimately bringing a former client to be the eventual acquiror, and negotiated an acceptable price and terms to close the transaction.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreGeralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn more