Company News

Allied Industrial Partners LLC ("AIP"), an industrial-focused middle market private equity firm, together with its affiliates, today announced that it has partnered with American Corporate Partners ("ACP"), a national nonprofit organization focused on helping veterans and active-duty military spouses find their next careers through one-on-one mentoring, networking and online career advice.

Allied Industrial Partners LLC, an industrial-focused private equity firm (together with its affiliates "AIP"), today announced that it has acquired CAT Entertainment Services, a market leading provider of specialty mobile power generation, power distribution, and temperature control services. The acquisition is a carve-out from Ring Power Corporation, one of the largest U.S. Caterpillar dealers, which will retain a minority stake in the business. The company, which will be rebranded as CES Power, will be led by co-founder Greg Landa as CEO, supported by the existing leadership team. Financial terms of the transaction were not disclosed.