Industrial Growth Partners (IGP) acquired parent company Des- Case Corporation. IGP is a specialist private investment partnership with $2.2 billion in capital raised since inception that provides equity capital to industrial manufacturing companies. IGP concentrates on leading, niche manufacturers of engineered products used in critical applications and partners with those management teams to pursue strategic initiatives focused on achieving long-term shareholder value.
“Des-Case brings a holistic perspective to the lubricant contamination control market by not only providing the education and training needed to understand the benefits of contaminant-free lubricant, but also providing innovative solutions to protect the lubricant at every critical point in its lifecycle,” said a representative from IGP. “As a market leader with a strong brand name and long-standing customer relationships with some of the world’s largest manufacturers, we are confident in Des-Case’s ability to continue to expand globally.”Des-Case has enjoyed the benefits of being invested in by private equity since 2013, when Pfingsten Partners, L.L.C. first acquired the company.“We have enjoyed being a part of Des-Case’s growth journey the past several years and are excited for their new opportunity with IGP,” said a representative from Pfingsten.
Des-Case’s trademarked and patented solutions are marketed through an extensive global distribution network, private labeldistributorsand OEM partners.“I am honored and excited to be a part of writing the next chapter in the Des-Case growth story alongside our valued customers, partners and investors,” said Brian Gleason, president and CEO at Des-Case Corporation. “IGP has over two decades of experience investing in the industrial sector with a proven track record ofbuilding world-class global businesses.We are looking forward to the partnership.”
Industrial Growth Partners