With this transaction, Mikisew Group adds to its ownership from the initial transaction struck in 2020 alongside ATB Private Equity, Altos Partners LLC and JL Filtration's management. Mikisew Group now holds a majority interest in the business.
Headquartered in Edmonton, JL Filtration provides industrial filtration equipment, consumables and services across Canada.
“We are excited to build on our partnership with JL Filtration, a company that will help deliver on our strategic goals of industry and geographic diversification,” said Mikisew Group CEO Dan Gallagher. “We look forward to working closely with the company's executive leadership team and Altos Partners in taking the business to new heights.”