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RedNest Partners JV acquires Tecmotiv

Investment firms RedNest Partners LLC and Admiral Capital Group teamed up to acquire Tecmotiv (USA) Inc., a provider of maintenance, repair, overhaul and upgrade services and related components for military vehicle platforms.

Terms of the transaction were not disclosed.

Tecmotiv Executive Vice President Gary Sheedy will become president and CEO of the company following the acquisition.

Philpott Ball & Werner LLC was the investment banking adviser to Tecmotiv.