3i Group plc, in connection with the target's management team, is buying private equity-backed A&A Manufacturing.

A&A, headquartered in New Berlin, Wisconsin, manufactures engineered protective and safety equipment for industrial groups. The company has manufacturing operations in North America and Germany. The deal is valued at $202.5 million, and 3i is investing about $110 million, plus debt, according to 3i managing partner Ken Hanau.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.