# 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.

- Type: Acquisition
- Announced: 2021-02-16
- Where: Houston, TX
- Value: $300.0M
- Status: announced
- Products: high-pressure pumps, consumables
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (partner)
- [American Industrial Partners](https://endata.com/companies/7612.md) (acquirer)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/ingersoll-rand-to-sell-majority-stake-in-hps-segment-to-aip/), 2021-02-16: "Ingersoll Rand has agreed to sell a majority stake in its high pressure solutions segment to American Industrial Partners for about $300 million."
- [americanindustrial.com](https://americanindustrial.com/news/american-industrial-partners-signs-agreement-to-acquire-the-high-pressure-solutions-segment-of-ingersoll-rand/), 2021-02-16: "AIP announced today the signing of an agreement to acquire a majority interest in the High Pressure Solutions Segment"

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