# EagleTree Capital takes majority stake in Airtech Group

EagleTree Capital, on behalf of EagleTree Partners IV, acquired a majority stake in Rutherford, New Jersey-based Airtech Group, a maker of vacuum pumps, blowers, compressors and valves, from founder Tom Latsos and other management. Terms were not disclosed.

- Type: Acquisition
- Announced: 2018-02-06
- Where: Rutherford, New Jersey, United States
- Status: completed
- Products: vacuum pumps, regenerative blowers, compressors, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [EagleTree Capital](https://endata.com/companies/2779.md) (acquirer)
- [Airtech Group](https://endata.com/companies/2780.md) (target)
- [Airtech Vacuum](https://endata.com/companies/2922.md) (target)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/eagletree-takes-majority-stake-airtech/), 2018-02-06: "EagleTree Capital ("EagleTree"), on behalf of its private equity fund EagleTree Partners IV, today announced that it has acquired a majority stake in Airtech Group"
- [peprofessional.com](https://peprofessional.com/tag/pumps-and-blowers/), 2018-03-05: "EagleTree Capital has acquired a majority stake in Airtech Vacuum, a provider of specialized pressure technologies."

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