Platform investment
American Industrial Partners acquired Avanos Medical
Date not stated
Source: prnewswire.comPE Firm · Capital Allocator
American Industrial Partners
MediumTransformational investingPlatform & Add-On AcquisitionsOperational rigor and engineering disciplineAIP driven Operating AgendaAerospace & DefenseAutomotiveBuilding ProductsCapital EquipmentChemicalsDistributionIndustrial ServicesIndustrial TechnologyMedical Equipment & DevicesMetals & MiningPaper, Packaging, and Forest ProductsTransportation & Logistics
Last verified
11/5/2026
Firm Overview
At least 20
Portfolio tracked
12
Sectors
0
Regions
11/5/2026
Last verified
American Industrial Partners is a transformational investor focused on strategically attractive companies across the industrial economy. The firm seeks to invest in businesses that underpin the industrial economy, applying sector expertise and an operating agenda to grow earnings.
American Industrial Partners is a transformational investor focused on strategically attractive companies across the industrial economy. The firm combines sector expertise with operational rigor and engineering discipline to create value in companies that underpin the industrial economy. The team functions as specialists rather than generalists, acting as operators and engineers to drive change and build businesses.
The firm targets companies in basic-needs industries that are mission-critical to the industrial economy. Preferred investment characteristics include leading market positions, valuable hard assets, sustainable competitive advantages, and a compelling potential for strategic value. The firm executes an operating agenda designed to grow earnings and transform businesses into market leaders.
AIP operates out of a single office and emphasizes a culture of teamwork, creativity, and transparency. The firm views itself as a partner to portfolio company management teams and its Limited Partners, treating investor capital with a focus on long-term commitment and collective effort.
Founded1989
HeadquartersNew York City, United States
StrategiesTransformational investing, Platform & Add-On Acquisitions, Operational rigor and engineering discipline, AIP driven Operating Agenda
Sector focusAerospace & Defense, Automotive, Building Products, Capital Equipment, Chemicals, Distribution, Industrial Services, Industrial Technology, Medical Equipment & Devices, Metals & Mining, Paper, Packaging, and Forest Products, Transportation & Logistics
Leadership
Eric Baroyan
Firm Leadership, Transactions
Focuses on Firm Leadership and Transactions at American Industrial Partners.
John Becker
Managing Partner Emeritus, Operations
Serves as Managing Partner Emeritus with a focus on Operations.
Nikhil Bodade
Firm Leadership, Legal and Compliance
Focuses on Firm Leadership as well as Legal and Compliance for the firm.
Dino Cusumano
Firm Leadership, Transactions
Focuses on Firm Leadership and Transactions at American Industrial Partners.
Drew Barot
Credit Opportunities, Transactions
Senior professional focused on Credit Opportunities and Transactions.
Rich Dennis
Credit Opportunities, Transactions
Focused on Credit Opportunities and Transactions within the firm.
Andrew Chittoor
Credit Opportunities, Transactions
Professional focusing on Transactions and Credit Opportunities.
Justin Antony
Operations
Focuses on the firm's Operations function.
Jeff Birenbaum
Operations
Focuses on the firm's Operations function.
Leo Brenk
Operations
Focuses on the firm's Operations function.
Danny Davis
Operations
Focuses on the firm's Operations function.
Alex Dexeus
Operations
Focuses on the firm's Operations function.
Lee Evangelakos
Operations
Focuses on the firm's Operations function.
Zac Carson
Transactions
Focuses on Transactions for American Industrial Partners.
Darren Chen
Transactions
Focuses on Transactions for American Industrial Partners.
Angus Cusack
Transactions
Focuses on Transactions for American Industrial Partners.
Nick du Pont
Transactions
Focuses on Transactions for American Industrial Partners.
Stan Edme
Legal and Compliance
Focuses on Legal and Compliance for the firm.
Portfolio by sector
- Industrials6 (55%)
- B2B Software3 (27%)
- Healthcare1 (9%)
- Logistics1 (9%)
11 of 20 tracked portfolio companies of American Industrial Partners carry a sector label we can map; shares are of those 11. See the methodology.
Deals on record
2 on record in the indexPlatform investment
American Industrial Partners acquired Avanos Medical, Inc.
Date not stated
Source: prnewswire.comDeals are listed only where a public source names both sides. Submit a correction.
Portfolio on record
Portfolio by sector
- Unclassified9 of 20
- Industrials6 of 20
- B2B Software3 of 20
- Healthcare1 of 20
- Logistics1 of 20
20 portfolio companies on record in the index, grouped by sector hub.
Current and exited
Current: 20 of 20Exited: 0 of 20
Portfolio size among all firms
At least 20 companies on record, more than 37% of the 405 firms in the index.
0885 companies (log scale)
Partial portfolio on record.
Portfolio Companies
| Company | Sector | Status | Website |
|---|---|---|---|
| ADDMAN Engineering | Industrial Technology | Current | Not on record |
| AHF Products | Building Products | Current | Not on record |
| Aker Qrill Company | Transportation & Logistics | Current | Not on record |
| Ascent Aerospace | Aerospace & Defense | Current | Not on record |
| Attindas Hygiene Partners | Paper, Packaging, and Forest Products | Current | Not on record |
| Austin Powder | Metals & Mining | Current | Not on record |
| Avanos Medical | Medical Equipment & Devices | Current | Not on record |
| Boart Longyear | Metals & Mining | Current | Not on record |
| Brock | Industrial Services | Current | Not on record |
| Brooks Instrument | Industrial Technology | Current | Not on record |
| Cabinetworks Group | Building Products | Current | Not on record |
| Canam | Building Products | Current | Not on record |
| Commonwealth Rolled Products | Metals & Mining | Current | Not on record |
| CR Mining | Metals & Mining | Current | Not on record |
| Crestview Aerospace | Aerospace & Defense | Current | Not on record |
| Current | Industrial Technology | Current | Not on record |
| Element 13 | Metals & Mining | Current | Not on record |
| EnTrans | Capital Equipment | Current | Not on record |
| Enviva | Paper, Packaging, and Forest Products | Current | Not on record |
| Form Technologies | Capital Equipment | Current | Not on record |
This list is partial. We are reading the full portfolio from American Industrial Partners' own site.
We list 20 of about 52 companies on American Industrial Partners' site
Firms that also back American Industrial Partners' companies
Co-investor web
Line width shows shared portfolio companies on record in the index. Top 2 co-investors shown.
Andreessen Horowitz1 shared company
Metalmark Capital1 shared company
Questions about American Industrial Partners
- Where is American Industrial Partners headquartered?
- American Industrial Partners is headquartered in New York, USA, according to the public sources this profile is built from.
- When was American Industrial Partners founded?
- Public sources give 1989 as the year American Industrial Partners was founded.
- Which sectors does American Industrial Partners invest in?
- American Industrial Partners lists Aerospace & Defense, Automotive, Building Products and Capital Equipment among its focus areas. Of the at least 20 portfolio companies we can classify, the largest groups are Industrials (6), B2B Software (3) and Healthcare (1).
- How many portfolio companies does American Industrial Partners have?
- PE Firm Index lists at least 20 American Industrial Partners portfolio companies as of 2026-11-06. This list is partial: the full portfolio on the firm's own site is still being read.
- What deals has American Industrial Partners done recently?
- The most recent deal on record here is: American Industrial Partners acquired Avanos Medical. This page lists 2 deals, each with its public source.
- Who leads American Industrial Partners?
- Public sources name Eric Baroyan (Firm Leadership, Transactions), John Becker (Managing Partner Emeritus, Operations) and Nikhil Bodade (Firm Leadership, Legal and Compliance) among American Industrial Partners' leadership.
- Which firms are similar to American Industrial Partners?
- By overlap in portfolio sectors in this index: McNally Capital, Stone Arch Capital and Platinum Equity.
Sources for this profile, updated 2026-11-06
- Firm website
- Deal reports (2), linked beside each deal
This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with American Industrial Partners and does not provide investment advice.
Firms similar to American Industrial Partners
McNally Capital
Both hold Industrials and B2B Software companies; 16 tracked portfolio companies.
Stone Arch Capital
Both hold Industrials companies; 18 tracked portfolio companies.
Platinum Equity
Both hold Industrials and B2B Software companies; 21 tracked portfolio companies.
Angelo, Gordon & Co.
Both hold Industrials and B2B Software companies; 30 tracked portfolio companies.
Chosen from this index by overlap in portfolio sectors, then by portfolio size. Not a ranking or a recommendation.