Middle market private equity firm Wynnchurch Capital has exited its investment in LPW Group Holdings, a designer of valves and other flow control products, through a sale of the business to Oaktree Capital Management.
Headquartered in Houston, Texas, LPW Group’s products serve applications across chemical, petrochemical, LNG, refining, renewable, naval and pulp & paper. The company goes to market under a number of brands including Ladish Valves, Penn Machine and Western Forge & Flange.
Foley & Lardner provided legal advice and Piper Sandler and BMO served as financial advisors to Wynnchurch.
