Tenex Capital Management has sold JPW Industries to Gamut Capital Management
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Tenex Capital Management (“Tenex”) has sold JPW Industries, Inc. (“JPW” or the “Company”) to Gamut Capital Management, L.P. (“Gamut”). Terms of the transaction were not disclosed.
JPW, headquartered in La Vergne, Tennessee, is a leading manufacturer, marketer and value-added distributor of a wide range of machinery and equipment under the JET®, Powermatic®, Wilton® and Promac® brands. JPW’s products include metalworking and woodworking machinery, vises and clamps, lifting systems, hand tools, air tools, and related parts and accessories. The Company operates in six countries on three continents and has more than 270 employees worldwide.
Lincoln acted as financial advisor to JPW on this transaction.
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