Astrak has been sold to Inflexion Private Equity Partners
Astrak, based in Kirkcaldy, Scotland, is the leading pan-European distributor of undercarriage and wear parts for earthmoving equipment. Founded in 2003, Astrak has grown to become a market leader in the supply of undercarriage and wear parts for construction equipment, employing over 100 people across seven locations in Europe.
Over the last five years, Astrak had undergone a period of rapid expansion and was looking for the right partner to support the family-run business’ growth plans to expand more widely across Europe. The sale of a majority stake to Inflexion Private Equity Partners enabled several family shareholders to exit the business, while allowing key family members in the management team to stay involved with the business and finance their growth plans.
Phillip McCreanor, Managing Director in Lincoln’s London office, commented, “Leveraging its leading digital platform, Astrak has established a market leading position in the supply of undercarriage and wear parts and with the backing of Inflexion, is poised to accelerate its growth through both its organic and inorganic growth strategies.
Meet our Senior Team
The ability to position clients so they can realize value and achieve their goals is what inspires me.
Managing Director | Co-head of EuropeLondon
I build trust with clients by putting their interests first at all times.
View More Transactions in Industrials
Lincoln International advised SK Capital Partners on the sale of NuCera Solutions to Chase Corporation
Lincoln International advised Orienta Capital Partners on the acquisition of ILMA with financing provided by Iccrea Banca and Indigo
Lincoln International advised Orienta Capital Partners on the acquisition of Trendcolor with financing provided by Finint SGR
Lincoln International advised Thales to enter into exclusive negotiations to sell its aeronautical electrical systems business to Safran
Lincoln International advised Blackford Capital on the sale of Quality Aluminum Products to Gibraltar
Lincoln International advised Audax Private Equity has on the acquisition of Rensa Filtration from The Edgewater Funds and The Duchossois Group
Lincoln International has advised The Jordan Company on the sale of Watchfire to H.I.G. Capital
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.