# Oaktree to acquire LPW Group, maker of critical-use valves and fittings

Oaktree Capital Management funds agreed to acquire LPW Group Holdings, a designer and manufacturer of valves, actuators, fittings and flanges for chemical and energy markets. Terms were not disclosed.

- Type: Acquisition
- Announced: 2024-03-01
- Where: Houston, Texas, United States
- Status: announced
- Products: valves, actuators, fittings, flanges
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Oaktree Capital Management](https://endata.com/companies/2339.md) (acquirer)
- [Wynnchurch Capital](https://endata.com/companies/3096.md) (partner)
- [LPW Group](https://endata.com/companies/9084.md) (target)
- [Latham & Watkins LLP](https://endata.com/companies/11724.md) (partner)

## Sources

- [lw.com](https://www.lw.com/en/news/2024/03/latham-watkins-advises-oaktree-in-acquisition-of-lpw-group), 2024-03-01: "LPW Group Holdings, Inc. (LPW Group or the Company), a leading designer and manufacturer of critical-use valves, actuators, fittings, and flanges, announced it has entered into a definitive agreement to be acquired by funds managed by Oaktree Capital Management."
- [lpw-group.com](https://www.lpw-group.com/news/lpw-group/lpw-group-partners-with-oaktree/), 2024-03-18: "LPW Group Holdings, Inc. announced today it has entered into a definitive agreement to be acquired by funds managed by Oaktree Capital Management, L.P."
- [foley.com](https://www.foley.com/news/2024/03/foley-advises-sale-lpw-group/), 2024-03-18: "Foley & Lardner LLP served as legal advisor to Wynnchurch Capital, L.P. and its partners in connection with the sale of LPW Group Holdings, Inc. to funds managed by Oaktree Capital Management, L.P."
- [valve-world.net](https://valve-world.net/lpw-group-partners-with-oaktree/), 2024-04-08: "LPW Group Holdings, Inc. (LPW Group) ... has announced its definitive agreement to be acquired by funds managed by Oaktree Capital Management, L.P."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.