One Rock Capital to sell industrial systems designer CentroMotion

One Rock Capital Partners revealed today that an affiliate has inked a definitive agreement to sell BRWS Parent and its related subsidiaries, collectively known as CentroMotion.

The buyer is an affiliate of Lone Star Funds, a private equity firm.

CentroMotion is engaged in the design and manufacture of highly engineered systems and solutions for industrial and transportation applications worldwide.

The financial terms of the deal remain undisclosed.

Kurt H. Beyer — partner at One Rock Capital Partners said: “Since its partnership with One Rock began in 2019, CentroMotion has transformed into an integrated global partner to its original equipment manufacturer (“OEM”) and aftermarket customers.

See also  Tata Capital to empower entrepreneurs with convenient business loans

“Under the leadership of CEO Roger Roundhouse and CFO Matt Pauli, the Company has advanced numerous organic growth and operational improvement initiatives to build a differentiated platform and drive significant revenue and earnings growth.”

CentroMotion’s portfolio spans several key industrial brands. These include Power-Packer for hydraulic motion control and stabilization systems, CrossControl and maximatecc, which is specialized in operator information and human-machine interface systems, and Elliott Manufacturing and Weasler Engineering, offering power and force transmission through flexible and rigid driveline systems.

See also  Nordic Capital acquires majority stake in data analytics firm ActiveViam

Furthermore, CentroMotion’s lineup comprises Gits Manufacturing, known for high-performance engine thermal and emission control solutions, and Carlisle Brake & Friction, providing materials and mechatronic solutions for off-highway brake and transmission products. These solutions have been instrumental in enhancing the safety, reliability, and productivity of equipment used in sectors ranging from transportation and agriculture to construction, mining, and demanding industrial environments.

See also  Diamondback Energy to acquire Midland Basin assets of FireBird Energy

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.