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Tinicum Acquires KGM in Partnership with Management

TULSA, Okla.--(BUSINESS WIRE)--Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in KGM from Compass Group Equity Partners (“Compass Group”). Management shareholders have retained a significant interest in the company. The financial terms of the transaction were not disclosed. Headquartered in Tulsa, Oklahoma, KGM is a leading value-added distributor of natural gas products to utilities and commercial &...

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