WHI Capital Partners Acquires Victory Industrial Products

WHI Capital Partners is acquiring Ohio-based Victory Industrial Products, manufacturer of custom-designed enclosures for back-up power systems.

CHICAGO - WHI Capital Partners (WHICP), a Chicago-based private equity firm, announced Thursday the acquisition of Ohio-based Victory Industrial Products, Inc.

Terms of the acquisition were not disclosed.

Formed in 1985, Victory employs more than 115 people and operates from a 112,000-square-foot manufacturing facility in Batavia. The company manufactures custom-designed enclosures, known as power packages, used in the provision of back-up power systems, as well as other equipment for diesel-engine power generating units, commonly called gensets.

WHICP targets lower middle market investments in niche manufacturing, value-added distribution and specialty service companies with revenues between $10 million to $100 million.

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