The JM Clipper / Leader Gasket Operations of Parker Hannifin Corporation was acquired by JV Industrial Holdings, Limited. The principals of Quarton Partners acted as exclusive financial advisor to Parker Hannifin.
The JM Clipper/Leader Gasket Operations is a leading designer and manufacturer of industrial static and dynamic sealing solutions for the chemical, petrochemical, refining and other industrial markets. JM Clipper/Leader Gasket operates three facilities in the United States and the Slovak Republic.
JV Industrial is a turnkey industrial services company that provides time and profit sensitive services, such as turnarounds, refurbishing, expanding and managing plant assets for the midstream and downstream energy complex and the industrial process plant community. The company, headquartered in Pasadena, TX, was founded in 1998 and employs 3,000 workers.
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