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Stock impact report

Levine Leichtman Capital Partners and Management Acquire USA Industries [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
it has partnered with management to acquire USA Industries, LLC ("USA Industries" or the "Company") from Sky Island Capital. Financial terms of the transaction were not disclosed. USA Industries is a leading manufacturer of industrial flow control and testing products such as piping isolation tools, tube plugs and other flow devices. The Company leverages its depth of product portfolio and differentiated speed to market to serve as a critical partner to customers in the pharmaceutical, industrial, refinery and chemical end markets. USA Industries was founded in 1982 and is headquartered in Houston, TX. The Company will continue to be run by the existing executive team led by the CEO, Justin Watts. According to Micah Levin, Partner at LLCP, "We are excited to partner with Justin and the existing management team, who have driven impressive growth of USA Industries. The Company has proven to be an increasingly valuable supplier to its loyal customer base. Together we can build on thi Show less Read more
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