VALPARAISO, IN – (Northwest Indiana Business Quarterly) – For Stewart McMillan, CEO of Task Force Tips, the Valparaiso-based, worldwide distributor of firefighting equipment, innovation is a profitable passion that inspires, saves lives, and provides an all-American way to do business and serve the community....
A leading global provider of essential components and solutions Essentra plc (“Essentra” or “the Company”) today announces it has signed an agreement to divest its Porous Technologies business to Filtration Group. The transaction values Porous Technologies at £220m (of which c. £215m in cash and c....
Stuttgart – The MAHLE Group sells its industrial filtration activities to the filtration specialist Filtration Group Corporation, headquartered in Chicago/USA. Both parties have agreed not to disclose the purchase price for the transaction, which is subject to approval by the antitrust authorities. Overall, the MAHLE industrial...
Republic Partners, LLC is pleased to announce that it has advised IDEX Corporation (NYSE: IEX, www.idexcorp.com) on the sale of its subsidiary, Hydra-Stop, to Madison Industries. Hydra-Stop is a water maintenance business that manufactures highly engineered specialty valves, fittings and installation equipment serving water utility service...
Chicago, IL – Madison Industries is pleased to announce that Filtration Group has been named a 2016 Fast Fifty Company by Crain’s Chicago Business. The Fast Fifty list highlights the fastest growing public and private companies in the Chicago area based on five-year revenue growth. Filtration Group ranked...
Former Danaher Executive Highly Regarded for Leadership and Operations Expertise Chicago, IL – Madison Industries announced today the appointment of Alex Joseph as a Senior Managing Director. Prior to joining Madison, Mr. Joseph enjoyed a distinguished 30-year career at Danaher Corporation. Most recently, he held the...
PITTSBURGH/PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that it has completed the sale of several non-core businesses related to certain castings, steel-plate fabrication and deburring operations to Madison Industries. The sale is in alignment with the company’s previously announced portfolio simplification strategy and its...
Chicago , IL – Madison Industries is pleased to announce that it has signed a definitive agreement with Kennametal Inc. (NYSE: KMT) to acquire seven businesses including Extrude Hone, Tricon, Landis, the Biel, Switzerland business of Kennametal Infrastructure and the Koblenz, Germany and Milan and Bellusco, Italy...
AB SKF (“SKF”) has sold Purafil, Inc. (“Purafil”) and Kaydon Custom Filtration Corporation (“Kaydon Custom Filtration”) to Filtration Group Corporation (“Filtration Group”), an affiliate of Madison Industries (“Madison”). The total consideration for Purafil and Kaydon Custom Filtration is a fixed payment of $90 million and...
STOW, OH – (RotoWorld) – 2015 is a watershed year for Ferry Industries. The year started with the sale of Ferry Industries, Inc. to Madison Industries, a Chicago based holding company. Ferry is a leading producer of rotational molding machines with installations in nearly 60...
Gothenburg, Sweden – SKF has completed the divestment of two filtration businesses, Purafil and Kaydon Custom Filtration, to Filtration Group Corporation, an affiliate of Madison Industries. Both Purafil and Kaydon Custom Filtration joined the SKF Group as part of the acquisition of Kaydon Corporation in...
We are very pleased to welcome David Coghlan to the Madison Team. David is currently President and Chief Executive Officer of NYSE-listed Watts Water Technologies, Inc.; a $1.5 billion public company focused on products and solutions for the safe and efficient use of water with...
Dell’s president is leaving, the first senior executive to depart since the company changed ownership last month. Steve Felice, a 14-year veteran who was also Dell’s chief commercial officer, is the new chief executive at Filtration Group Corp., a Chicago maker of industrial equipment. Felice has been...
CHICAGO, Ill., – Filtration Group Corporation, a portfolio company of Madison Capital Partners, announced today that Stephen J. Felice has been appointed President and Chief Executive Officer effective January 6, 2014. Mr. Felice, 56, is currently President and Chief Commercial Officer of Dell, a leading...
CHICAGO, IL – Filtration Group, a leader in filtration products worldwide, is pleased to announce the acquisition of Universal Air Filter (UAF). Based just outside of St. Louis, UAF has an industry leading reputation as a nimble, customer-driven filtration solutions provider. UAF’s specialty air filtration products...
CHICAGO, IL–(Marketwire) – Madison Capital Partners, a Chicago-based investment firm, today announced the completion of the merger of CoAdvantage and Global Employment Solutions PEO. The two companies were acquired by Madison Capital Partners in 2010 and are now officially operating as one company. The combined CoAdvantage,...
Madison Capital Partners, a Chicago based investment firm, today announced its investment in Global Filter. Global Filter has a world-renowned reputation as a nimble, customer-driven filtration solutions provider. With the backing of a strong financial partner, Global Filter will continue to build on its industry-leading responsiveness...
LITTLETON, CO–(Marketwire) – Effective July 15, 2010, Global Employment Solutions closed a transaction to sell Global Employment Solutions PEO, its nationally recognized Professional Employer Organization (PEO), to Madison Capital Partners. Global PEO is one of the largest Professional Employer Organizations (PEOs) in the country. “Global...
CHARLOTTE, N.C. /PRNewswire-FirstCall/ — SPX Corporation (NYSE: SPW) today announced that it has completed the sale of its Filtran business unit, a global leader in automotive filtration solutions, to Madison Capital Partners, for an undisclosed price. SPX Corporation has reported this business unit as a...
Larry Gies’s path to private equity began on the manufacturing floor. That experience would turn him on to a lifelong passion. In fact, he loved it so much he vowed to run his own manufacturing company someday. As the president and CEO of Chicago- based Madison...
CHICAGO — It’s official: Chicago investment group Madison Capital Partners has purchased Mannesmann Plastics Machinery GmbH, in a deal announced July 5, as Madison vaults up to become the world’s largest maker of plastics equipment. Madison picks up some of the best-known brands: Krauss-Maffei, Demag Plastics...
