representative work

Lion Equity Partners Acquires Elkhart Tri-Went Industrial


On February 1, 2022, Lion Equity Partners, an operations-focused private equity firm based in Denver, Colorado, through its affiliate, Lion Equity Holdings II, LLC, acquired Elkhart Tri-Went Industrial (“ETI”) from Aalberts N.V., a Netherlands-based manufacturer of mission critical technologies serving OEM customers in the automotive, air conditioning & refrigeration, water systems and industrial markets. ETI is headquartered in Geneva, Indiana, with additional manufacturing facilities in Knoxville, Tennessee and Ajax, Ontario.

Cassels acted as Canadian counsel to Lion Equity.

This deal was recently highlighted by The Middle Market. Read more here.