Pangborn Group (“Pangborn” or the “Company”), a portfolio company of Atlas Holdings, was acquired by United Generations on October 30, 2015.

Duff & Phelps served as exclusive financial advisor to Pangborn and provided M&A advisory services in connection with the sale transaction. Duff & Phelps previously served as financial advisor to Pangborn on its sale to Atlas Holdings in 2006.

About Pangborn Group

Pangborn is a leading designer, manufacturer and supplier of innovative surface preparation equipment and reliable aftermarket parts and services with operations in North America, Europe and Asia. The Company provides complete solutions throughout the lifecycle of surface preparation equipment, including initial design and installation, reliable aftermarket rebuilds and service, and timely delivery of high quality replacement parts. The Company’s three core brands, Pangborn, Berger Strahltechnik and Vogel & Schemmann, enjoy a rich history dating back over 140 years and are recognized globally.  Andrews Kurth LLP acted as legal counsel to Pangborn.

About United Generations

United Generations, headquartered in Waukegan, IL, is a privately-held, family holding company formed to make long-term investments in highly-engineered, mission-critical product and services-based businesses. McNally Capital acted as financial advisor and McDermott Will & Emery LLP acted as legal counsel to United Generations.

About Atlas Holdings

Atlas Holdings is a private equity firm headquartered in Greenwich, CT.  Atlas and its affiliates own 16 companies that employ approximately 20,000 associates and operate from more than 100 facilities across the globe. Atlas companies are engaged in a variety of industries, including aluminum processing, automotive, building materials, capital equipment, energy, industrial services, logistics and supply chain management.