World Association of News Publishers


American Industrial Partners Acquires Goss International from Shanghai Electric

American Industrial Partners Acquires Goss International from Shanghai Electric

Article ID:

19210

September 22, 2015 – American Industrial Partners (“AIP”), a middle-market private equity firm focused on acquiring and improving North American-headquartered industrial businesses, has completed the acquisition of Goss International and its subsidiaries (“Goss” or the “Company”) from Shanghai Electric Corporation. The transaction closed on September 18, 2015.

“American Industrial Partners is a like-minded, forward-thinking organization and we are excited to leverage their industry, operational, and financial expertise to support our culture of innovation and customer collaboration,” said Rick Nichols, CEO of Goss.  “In partnership with AIP, we look forward to building on our market leading position and executing a strategic growth plan focused on providing our highly-valued customer base with the highest-quality portfolio of innovative products and aftermarket parts, services and enhancements.”

AIP has a long history of successfully buying industrial businesses and partnering with management to drive growth. “Goss is differentiated by its printing process knowledge, engineering expertise, high-tech industrial manufacturing capabilities and ability to execute and support large-scale capital equipment projects,” said Rick Hoffman of AIP.  

"Working alongside an exceptional management team at Goss, we look forward to executing identified growth initiatives and driving operational efficiencies at the Company to further differentiate Goss from its competitors," added Sparsh Bhargava of AIP.

About American Industrial Partners
American Industrial Partners (“AIP”) is an operationally oriented middle-market private equity firm that makes control investments in North American-based industrial businesses serving domestic and global markets.  The Firm has deep roots in the industrial economy and has been active in private equity investing since 1989.  To date, AIP has completed over 50 transactions and is currently managing more than $1.1 billion in equity capital. AIP invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with revenues of $100 million $1 billion.

(http://www.gossinternational.com)


Attachments

Author

Michael Spinner-Just's picture

Michael Spinner-Just

Date

2015-09-23 10:12

The World Printers Forum (WPF) is an organisation of newspaper printers and suppliers within WAN-IFRA. It promotes the power of print and the sustainability of print production. Read more ...

Publishers and printers around the world have come to expect WAN-IFRA to provide the most up-to-date know-how about production processes, whether it be in prepress, printing, workflow or postpress. Its range of advisory services, trainings, reports and events are unparalleled. Read more ...

WAN-IFRA offers the supplier companies a plethora of platforms to present their valuable products and services to our top-level publishing community, with top-quality exhibitions, events, webinars and workshops, publications, newsletters and more. Read more ...