Aterian Investment Partners, a private-equity investment firm, announced that one of its affiliates completed the carve-out acquisition of 10 heat-treating facilities in the U.S. and Canada from Bluewater Thermal Solutions. The acquired plants will continue to operate under the Bluewater name. Bluewater is a leading provider of heat-treating services and solutions to a number of North American manufacturing industries. The company has locations in Michigan, Illinois, Indiana, Pennsylvania and Canada. Last week, Bluewater sold Carolina Commercial Heat Treating to Bodycote.
Aterian Investment Partners Acquires Bluewater Thermal Solutions
October 26, 2012