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Ajax Attracts Equity Investors

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.

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