Firm at a glance
American Industrial Partners is a platform private equity firm headquartered in New York, NY, managing approximately $17.8 billion in assets under management as of March 31, 2026 [S1].
What they buy
American Industrial Partners maintains a portfolio concentrated in industrial sectors, with particular emphasis on metals and mining, building products, and capital equipment businesses [S2]. The firm’s observed investment pattern includes both standalone manufacturing companies and carve-outs from larger industrial corporations. Recent transaction activity suggests a focus on acquiring divisions or business units from established industrial companies rather than founder-owned businesses [S3].
Portfolio
Metals & Mining
Austin Powder, Boart Longyear, Commonwealth Rolled Products, CR Mining, and Element 13 [S2].
Building Products
AHF Products, Cabinetworks Group, and Canam [S2].
Capital Equipment
EnTrans, Form Technologies, and GD Energy Products [S2].
Industrial Technology
ADDMAN Engineering, Brooks Instrument, and Current [S2].
Aerospace & Defense
Ascent Aerospace and Crestview Aerospace [S2].
Paper, Packaging, and Forest Products
Attindas Hygiene Partners and Enviva [S2].
Other Industrial
Aker Qrill Company (Transportation & Logistics) and Brock (Industrial Services) [S2].
Recent activity (last 24 months)
* April 23, 2026: Acquisition of Honeywell’s Warehouse and Workflow Solutions Business [S3]
* April 14, 2026: Acquisition of Avanos Medical, Inc. [S3]
* March 2, 2026: Acquisition of Aluminium Dunkerque [S3]
* January 23, 2026: Acquisition of International Paper’s Global Cellulose Fibers Business [S3]
* December 2, 2024: Acquisition of PPG’s U.S. and Canadian Architectural Coatings Business [S3]
* November 1, 2024: Acquisition of AGCO’s Grain Protein Business [S3]
* October 17, 2024: Acquisition of PPG’s Architectural Coatings Business in The United States and Canada [S3]
* July 31, 2024: Acquisition of Veolia North America’s Sulfuric Acid Regeneration Business [S3]
* July 25, 2024: Acquisition of AGCO’s Grain & Protein Business [S3]
* July 9, 2024: Acquisition of Aker BioMarine’s Feed Ingredients Business [S3]
* July 1, 2024: Acquisition of Austin Powder [S3]
* April 23, 2024: Acquisition of Boart Longyear [S3]
How this firm fits a seller
American Industrial Partners appears oriented toward larger corporate carve-outs and divestitures rather than traditional owner-operator businesses, based on the pattern of recent transactions [S3]. The firm’s current fund vintage dates to 2023, indicating active deployment capacity [S4]. Sellers in metals and mining, building products, or capital equipment sectors may find alignment with the firm’s demonstrated investment focus [S2]. The firm’s substantial assets under management suggest capacity for larger platform acquisitions in industrial categories [S1].
Sources
[S1] https://americanindustrial.com (as of 2026-03-31)
[S2] https://americanindustrial.com/portfolio/ (as of 2026-03-31)
[S3] https://americanindustrial.com/news/ (as of 2026-04-23)
[S4] https://americanindustrial.com/news/ (as of 2023-10-31)
Frequently asked questions
Does American Industrial Partners buy metals and mining businesses?
Yes, metals and mining represents one of the firm’s most active sectors, with at least five portfolio companies in this category including Austin Powder, Boart Longyear, Commonwealth Rolled Products, CR Mining, and Element 13 [S2]. Recent acquisitions include Austin Powder in July 2024 and Boart Longyear in April 2024 [S3].
What companies has American Industrial Partners acquired recently?
Recent acquisitions include Honeywell’s Warehouse and Workflow Solutions Business in April 2026, Avanos Medical in April 2026, and Aluminium Dunkerque in March 2026 [S3]. The firm completed twelve transactions in the trailing 24 months through April 2026 [S3].
Where is American Industrial Partners based and how big is the firm?
American Industrial Partners is based in New York, NY, and reported approximately $17.8 billion in assets under management as of March 31, 2026 [S1]. The firm operates from its New York office location [S1].
Is American Industrial Partners still actively acquiring?
Yes, the firm completed its most recent acquisition in April 2026 with the purchase of Honeywell’s Warehouse and Workflow Solutions Business [S3]. The firm has maintained consistent acquisition activity with twelve transactions completed in the last 24 months [S3].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.