#USA #Vance Street #Twinsburg #Keltec #Swift Filters

Strategic Acquisition of Swift Filters by Keltec Technolab

On September 9, 2025, Keltec Technolab, a portfolio company of Vance Street Capital, officially announced its acquisition of Swift Filters, a notable player in the North American market for custom designed filtration solutions. This strategic move is set to enhance Keltec's already extensive array of filtration products, especially in hydraulic applications. Founded in 1970, Swift Filters is recognized for its engineering excellence in the production of filter and strainer elements crucial for various industries, particularly in fluid power and hydraulic filtration.

Keltec is headquartered in Twinsburg, Ohio, and is revered for its innovative designs that cater to diverse industries, including pharmaceuticals, aerospace, and general industrial applications. With a product catalog exceeding 12,000 stock-keeping units (SKUs), Keltec's offerings range from air and oil separators to a variety of filters that are essential to prolonging the lifespan of compressed air systems. This acquisition with Swift creates a synergetic partnership that merges Keltec's proficiency in compressed air solutions with Swift’s specialized expertise in hydraulic filtration.

The combined knowledge of both companies represents over a century of experience, thereby creating a comprehensive platform for delivering top-grade filtration solutions to their customer base. Ned and Charlie Swift, co-founders of Swift, expressed their excitement regarding the merger, highlighting it as an opportunity to provide an enhanced suite of filtration solutions. They emphasized that the collaboration would yield not only a holistic product range but also advantageous resources to meet customer demands effectively.

Moreover, Nic Janneck, a partner at Vance Street, reiterated the firm’s focus on partnering with family-owned businesses like Swift. He remarked on Swift’s longevity and capability in manufacturing highly engineered hydraulic filtration products, and expressed optimism about supporting Swift in its upcoming growth phase. Chuck Hughes, Vice President at Vance Street, also noted that the acquisition would empower the combined entity to better meet global customer needs through innovative industrial filtration solutions.

The legal intricacies surrounding this acquisition were navigated by Winston Strawn LLP for Vance Street, while Swift secured financial advisory services from Signet Capital Advisors. Brenner Kaprosy Mitchell, L.L.P. provided legal counsel for Swift. Details surrounding the financial terms of the transaction were not disclosed, but the acquisition secured debt financing from Apogem Capital.

Vance Street Capital, a firm focused on mid-market private equity investments, aims at high-growth engineered solutions, especially across the medical, life sciences, industrial technology, and aerospace sectors. Vance Street is known for collaborating with management teams and family-owned enterprises to accelerate growth and operational improvements for strategic acquisitions. For additional insights into Vance Street's mission and portfolio, further information can be found on their official website.

As the filtration industry continuously evolves, this acquisition sets a noteworthy precedent for Keltec and Swift, potentially redefining competitive benchmarks and establishing new standards for customer service and product excellence amid an increasingly demanding market landscape.