# Carlyle Group and Stellex Capital acquire Vigor Industrial

Portland-based Vigor Industrial LLC has been acquired by The Carlyle Group and Stellex Capital Management. Vigor will merge with MHI Holdings, and Carlyle will be majority owner of the combined company, named Titan Acquisition Holdings.

- Type: Acquisition
- Announced: 2019-07-25
- Where: Portland, Oregon, United States
- Status: announced
- Products: ship repair, shipbuilding, fabrication
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Stellex Capital Management](https://endata.com/companies/5668.md) (acquirer)
- [Vigor Industrial](https://endata.com/companies/5669.md) (target)
- [MHI Holdings](https://endata.com/companies/5670.md) (target)

## Sources

- [nwlaborpress.org](https://nwlaborpress.org/2019/08/union-employer-vigor-industrial-sold-to-private-equity-firms/), 2019-08-01: "Our hope is that it brings investors in who have a long term interest in growing the company and bringing more work to Portland."

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