# Turnspire Capital Partners acquires Swanson Industries from AEA Investors

Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.

- Type: Acquisition
- Announced: 2024-06-10
- Where: Morgantown, West Virginia, United States
- Status: completed
- Products: hydraulic cylinders, pumps and motors, valves and manifolds, hoses and fittings, hydraulic power units
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AEA Investors](https://endata.com/companies/469.md) (partner)
- [Turnspire Capital Partners](https://endata.com/companies/11944.md) (acquirer)
- [Swanson Industries](https://endata.com/companies/11945.md) (target)
- [Tiefenbach North America](https://endata.com/companies/11946.md) (partner)

## Sources

- [peprofessional.com](https://peprofessional.com/2024/06/turnspire-buys-swanson-industries-from-aea/), 2024-06-10: "Turnspire Capital Partners has acquired Swanson Industries, a provider of hydraulic equipment used in mining and industrial applications, from AEA Investors."

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