American Industrial Partners Makes Strategic Investment in Austin Powder

In The News
July 2, 2024

Ropes & Gray is representing American Industrial Partners in its strategic investment in Austin Powder, a leading provider of industrial explosives and engineered blasting solutions. Financial terms were not disclosed. The transaction was announced in a July 1 press release.

American Industrial Partners is a global industrials investor, with approximately $16 billion in assets under management. AIP is distinctively focused on industrial businesses across a broad range of end markets.

The Ropes & Gray team included private equity partners Bob Rivollier and Jessica Murray, finance partners Stefanie Birkmann and Dan Coyne, tax partner Tristan Evans-Wilent, environmental partner Peter Alpert, real estate partner David Kaye, executive compensation & employee benefits partner Allie Alperovich, employment partner Megan Bisk, and ESG partner Michael Littenberg.