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Ingersoll Rand Selling Majority of High Pressure Solutions Unit to AIP American Industrial Partners which also owns fastener distributor/manufacturer Optimas Solutions is paying $300 million for 55 percent of HPS. Feb 16th, 2021 DAVIDSON, NC Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to sell a majority interest in its High Pressure Solutions (HPS) Segment to the private equity firm American Industrial Partners (AIP). Ingersoll Rand will receive cash proceeds of approximately $300 million at closing for its majority interest and will retain a 45% common equity interest in the business. The transaction, subject to standard closing conditions, is expected to be completed in the first half of 2021.

United statesAlex menkhausVicente reynalIngersoll rand incHigh pressure solutionsSimmons energyPiper sandler coIngersoll randKirkland ellisAmerican industrial partnersPressure solutionsPiper sandlerஒன்றுபட்டது மாநிலங்களில்இஂகர்‌ஸோல் ரேண்ட் இன்க்உயர் ப்ரெஶர் தீர்வுகள்சிம்மன்ஸ் ஆற்றல்