Centre Lane Partners acquires Global Machine and Workholding Businesses of Hardinge Inc.
09/19/24, 1:15 PM
Location
new york
goldachelmiraIndustry
angel investment
venture capital
finance
financial services
manufacturing
manufacturing
Hardinge Inc. has successfully completed transactions to sell substantially all of its global machine businesses and workholding businesses to affiliates of Centre Lane Partners. The go-forward businesses, Kellenberger and Forkardt Hardinge, will now operate as separate entities under Centre Lane’s ownership with the necessary capital and operational flexibility to invest in growth and better serve their global customer bases.
Company Info
Location
New York, New York, United States
Company info
Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America. Centre Lane employs a flexible strategy that approaches complex situations with a solutions orientation. Centre Lane has an experienced, collaborative and diverse team, and seeks to partner with strong management teams that can benefit from patient, long-term capital and Centre Lane's operational, financial and strategic expertise and support.