FCP invests in EDGE Industrial Technologies

Private Equity Wire

Middle-market private equity firm Falfurrias Capital Partners has invested in EDGE Industrial Technologies, a producer of industrial machine knives, blades, punches and related equipment.

EDGE’s brands include TGW International, Pearl Technologies and Leverwood Knife Works, encompassing packaging, food processing, converting, plastics and printing.

EDGE was formed in 2018 by Blue Wolf Capital Partners through a merger of TGW International, TGW Global and Pearl Technologies. In 2021, EDGE acquired Leverwood Knife Works and doubled the company’s previous production capacity, according to a press statement.

Sauer Brands CEO William Lovette, Pepsico’s former EVP of Engineering and Supply Chain Bill Ladd and FCP’s Chip Johnson and Ken Walker will join EDGE’s board alongside EDGE’s current CEO, Robert Woodbury. Blue Wolf will also maintain an investment in the company and board representation, with Aakash Patel continuing to serve.

FCP has appointed Josh Slagle, who previously led the nutrition and health division for SPX Flow, to serve as CEO.

The full article is available here. This article was published at Private Equity Wire.