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RLJ Equity Partners’ LAI International acquires Zak Incorporated

LAI International, a portfolio company of RLJ Equity Partners, has acquired Zak Incorporated, a provider of precision machined and custom fabricated components for customers in power generation, specialty metals, and oil and gas.

Founded in 1937 and headquartered in Green Island, New York, Zak is an established brand throughout the power industry. Its services cover the gas turbine, steel, and specialty metals industries.
 
"RLJ Equity Partners is delighted to support LAI's acquisition of Zak Incorporated," says RLJ Equity Partners' T Otey Smith. "With its strong customer base in key end markets, Zak helps to further expand the LAI brand as well as our service offerings throughout the industry."
 
"Zak is a trusted brand in our industry," says Patrick "PJ" Gruetzmacher, CEO and president of LAI International. "Their ability to provide economically manufactured parts with superior speed and quality which meet or exceed their customers' expectations is accomplished by applying the principles of employee development, advanced technology investment, and by using the principles of continuous improvement." 
 
"We are delighted to create this strategic alliance with RLJ and LAI International," says Douglas Zak, chairman of Zak Incorporated. "Being part of the LAI brand will help Zak continue to provide our core technologies to the growing opportunities in the oil and gas sector as well as the aerospace markets."

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