Capstone Partners advised Atlas Copco, a world-leading provider of sustainable productivity solutions, on its acquisition of J.C. Carter LLC.
J.C. Carter is a leading producer of cryogenic submerged motor pumps, which have many applications in the growing natural gas market. The company’s products are primarily used in liquid natural gas regasification and liquefaction plants, and natural gas liquid processing.
“The acquisition will extend Atlas Copco’s offering to customers in liquid natural applications as well as to the chemical and petrochemical industries,” says Stephan Kuhn, Business Area President of Atlas Copco Compressor Technique. The acquired business will be a part of Atlas Copco’s Gas and Process Division. The parties have agreed not to disclose the purchase price.