trending Market Intelligence /marketintelligence/en/news-insights/trending/TTjbJ5jXnbybzxYdBbIfTQ2 content esgSubNav
In This List

Investor group buys majority stake in API Heat Transfer

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition


Investor group buys majority stake in API Heat Transfer

An investor consortium led by Littlejohn & Co. LLC and the asset management and investment advisory unit of Guggenheim Partners LLC acquired a majority stake in API Heat Transfer Inc. for an undisclosed amount.

API Heat Transfer, headquartered in Buffalo, N.Y., designs and manufactures specialty heat exchangers and heat transfer products.

Littlejohn, based in Greenwich, Conn., makes private equity and debt investments mainly in middle-market businesses.