Capstone Partners advised Global Power Equipment Group Inc. in its acquisition of Koontz-Wagner Custom Controls Holdings LLC for $31.5 million.
Global Power (NASDAQ: GLPW), with revenues of over $450 million, provides equipment and services to the global power infrastructure and energy industries.
Koontz-Wagner is a leading manufacturer and integrator of engineered packaged control house solutions for the energy, oil & gas, and electrical industries.
The addition of Koontz-Wagner will expand Global Power’s products portfolio and supports the expansion into adjacent infrastructure products and services.
This is the second transaction that Capstone Partners has completed for Global Power.
