On March 31, 2022, ERIKS NV, a specialized industrial service provider that offers a wide range of technical products, co-engineering and customization solutions and related services sold its North American business operating under the names ERIKS North America, Rawson-Industrial Controls, ERIKS Seals and Plastics and CNC Flow Control to LKCM Headwater Investments, L.P., a Texas based private equity group.
Cassels acted for LKCM Headwater Investments.