Branford Castle Partners Supports GPT Industries in Strategic Acquisition for Enhanced Industry Solutions
In a significant move within the energy and infrastructure sectors, Branford Castle Partners has announced that its portfolio company, GPT Industries LLC, has successfully acquired Integrated Rectifier Technologies Inc. (IRT). This Alberta-based manufacturer specializes in transformer rectifiers and has built a strong reputation within the global cathodic protection industry. The acquisition represents GPT's inaugural move under this platform investment of Branford Castle's Fund II.
The strategic integration of IRT's products aligns seamlessly with GPT's existing expertise in flange isolation technology and remote asset monitoring. Together, these capabilities enhance GPT's focus on helping operators effectively mitigate corrosion and maintain asset integrity across these critical sectors.
Marilyn Yang, Principal at Branford Castle, commented on this pivotal acquisition: "The growing demand for pipeline safety solutions necessitates a commitment to product reliability and ongoing innovation. This partnership allows both GPT and IRT to not only solidify their impact within established industries but also to penetrate new markets, ultimately enhancing our support for customers as they face evolving challenges in safety and asset management."
Darin Lane, CEO of GPT Industries, remarked on the potential for growth stemming from the merger: "This partnership will bolster our technological efforts aimed at corrosion mitigation. By leveraging IRT's established product lines alongside our monitoring capabilities, we are poised to offer greater value to our partners and clients. We are eager to collaborate and diversify our offerings further."
The acquisition reflects GPT's strategy of growth through collaboration and technological advancement, underscoring its commitment to assisting customers in safeguarding vital assets while prolonging the lifespan of critical infrastructure.
Both Branford Castle and GPT have partnered with legal counsel Stikeman Elliott in Canada and Akerman in the U.S. for this transaction, while O2 Sponsor Finance, a division of Old Second National Bank, provided the necessary debt financing. Specific terms regarding the acquisition have not been publicly disclosed.
Headquartered in Denver, Colorado, GPT Industries stands as a global leader in pipeline sealing, electrical isolation products, and remote asset integrity monitoring systems. Its offerings cater to the oil and gas, water/wastewater, hydrogen, and broader infrastructure sectors. By combining engineering expertise with advanced technology, GPT enhances safety measures, performance standards, and operational efficiencies.
Branford Castle Partners focuses on investments in the lower middle market across North America. With over 35 years of experience in fostering business growth, the firm typically pursues control investments in companies generating up to $15 million in EBITDA and boasting strong positions in niche industries. Renowned for cultivating robust relationships with portfolio managers, Branford Castle specializes in industrial and specialty manufacturing, consumer products, specialty materials, and various services across logistics and business operations.
The strategic integration of IRT's products aligns seamlessly with GPT's existing expertise in flange isolation technology and remote asset monitoring. Together, these capabilities enhance GPT's focus on helping operators effectively mitigate corrosion and maintain asset integrity across these critical sectors.
Marilyn Yang, Principal at Branford Castle, commented on this pivotal acquisition: "The growing demand for pipeline safety solutions necessitates a commitment to product reliability and ongoing innovation. This partnership allows both GPT and IRT to not only solidify their impact within established industries but also to penetrate new markets, ultimately enhancing our support for customers as they face evolving challenges in safety and asset management."
Darin Lane, CEO of GPT Industries, remarked on the potential for growth stemming from the merger: "This partnership will bolster our technological efforts aimed at corrosion mitigation. By leveraging IRT's established product lines alongside our monitoring capabilities, we are poised to offer greater value to our partners and clients. We are eager to collaborate and diversify our offerings further."
The acquisition reflects GPT's strategy of growth through collaboration and technological advancement, underscoring its commitment to assisting customers in safeguarding vital assets while prolonging the lifespan of critical infrastructure.
Both Branford Castle and GPT have partnered with legal counsel Stikeman Elliott in Canada and Akerman in the U.S. for this transaction, while O2 Sponsor Finance, a division of Old Second National Bank, provided the necessary debt financing. Specific terms regarding the acquisition have not been publicly disclosed.
About GPT Industries
Headquartered in Denver, Colorado, GPT Industries stands as a global leader in pipeline sealing, electrical isolation products, and remote asset integrity monitoring systems. Its offerings cater to the oil and gas, water/wastewater, hydrogen, and broader infrastructure sectors. By combining engineering expertise with advanced technology, GPT enhances safety measures, performance standards, and operational efficiencies.
About Branford Castle Partners
Branford Castle Partners focuses on investments in the lower middle market across North America. With over 35 years of experience in fostering business growth, the firm typically pursues control investments in companies generating up to $15 million in EBITDA and boasting strong positions in niche industries. Renowned for cultivating robust relationships with portfolio managers, Branford Castle specializes in industrial and specialty manufacturing, consumer products, specialty materials, and various services across logistics and business operations.
Topics Business Technology）
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