Milwaukee Gear Co., Glendale, WI, and Treat All Metals Inc., Milwaukee, WI, were acquired by two private equity firms. Terms of the sale to High Road Capital Partners, New York, NY, and Charter Oak Equity LP, Westport, CT, were not disclosed by management in a letter to customers and vendors.
Treat All Metals will continue to operate as a division of Milwaukee Gear instead of as a standalone company. Former CEO Harold Trusky will retire from operations but no other management team changes are expected.
Milwaukee Gear manufactures precision gears and drives for a variety of industries. Treat All Metals provides heat treatment and metal processing, from case hardening to …
Private Equity Firms Buy Milwaukee Gear & Treat All Metals
Milwaukee Gear Co., Glendale, WI, and Treat All Metals Inc., Milwaukee, WI, were acquired by two private equity firms. Terms of the sale to High Road Capital Partners, New York, NY, and Charter Oak Equity LP, Westport, CT, were not disclosed by management in a letter to customers and vendors.
Treat All Metals will continue to operate as a division of Milwaukee Gear instead of as a standalone company. Former CEO Harold Trusky will retire from operations but no other management team changes are expected.
Milwaukee Gear manufactures precision gears and drives for a variety of industries. Treat All Metals provides heat treatment and metal processing, from case hardening to …
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