American Industrial Partners to buy majority stake in Ingersoll Rand's HPS segment

Ingersoll Rand agreed to sell a majority stake in its High Pressure Solutions segment to American Industrial Partners for about $300 million. The deal was expected to close in the first half of 2021.

“Ingersoll Rand has agreed to sell a majority stake in its high pressure solutions segment to American Industrial Partners for about $300 million.”privateequityinternational.com

• 2 sources
• privateequityinternational.comIngersoll Rand to sell majority stake in HPS segment to AIPFeb 16, 2021
• americanindustrial.comAmerican Industrial Partners Signs Agreement to Acquire the High Pressure Solutions Segment of Ingersoll Rand - American Industrial PartnersFeb 16, 2021

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