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Ajax Attracts Equity Investors
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Monday, January 1, 2018
Ajax Metal Forming Solutions, Minneapolis,
MN, announced that Heartland Equity Partners of Brooklyn Center, MN, has
acquired a majority ownership position in the company. “The
metalforming industry is advancing at an exciting pace. This investment
by Heartland will take our business to the next level,” says Kent
Djubek, who will continue as president of Ajax. As a practical show of
confidence in his company’s future, Djubek increased his ownership
position as part of the transaction.
Ajax produces parts that conform to tight tolerance specifications using galvanized and stainless steel, aluminum, copper, brass, and other alloys for heavy equipment, durable goods, construction and HVACR original-equipment manufacturers.
Heartland Equity Partners is an investment fund focused on value creation through investment, growth and long-term retention.
See also: Ajax Metal Forming Solutions, LLC
Related Enterprise Zones: Materials/Coatings
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