# Heartland Equity Partners acquires majority stake in Ajax Metal Forming Solutions

Heartland Equity Partners acquired a majority ownership position in Ajax Metal Forming Solutions, a Minneapolis-based metal stamping company. Erick and Tom Ajax remain equity owners and join the board.

- Type: Acquisition
- Announced: 2017-11-13
- Where: Minneapolis, United States
- Status: announced
- Products: metal stamping
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Heartland Equity Partners](https://endata.com/companies/17869.md) (acquirer)
- [Ajax Metal Forming Solutions](https://endata.com/companies/17870.md) (target)

## Sources

- [thefabricator.com](https://www.thefabricator.com/thefabricator/news/bending/ajax-metal-forming-solutions-acquired-by-heartland-equity-partners), 2017-11-13: "Erick and Tom Ajax continue as equity owners of the metal stamping company and have joined the board of directors."

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