American Industrial Partners

American Industrial Partners (AIP) is an operationally-oriented private equity firm focused on investing in industrial businesses with operations in the United States, Canada, and other developed markets. Founded in 1988, AIP has deep roots in the industrial economy and has been active in private equity investing across multiple economic cycles. The firm has completed over 125 platform and add-on acquisitions, investing in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with sales greater than $500 million.

AIP's investment strategy centers on improving operations and growing the earnings of industrial companies by deploying the firm's deep operational and engineering capabilities. The firm is characterized by its lead-by-serving philosophy and its high-performance partnerships with management teams that focus on creating long-term value for all stakeholders. AIP's portfolio companies generate aggregate annual revenues of approximately $28 billion, operate over 240 manufacturing and distribution facilities, and employ over 70,000 employees as of June 30, 2023.

In October 2023, AIP closed its eighth fund, American Industrial Partners Capital Fund VIII, L.P., at its hard cap of $5 billion in Limited Partner commitments, which was oversubscribed. The fund achieved its hard cap with broad support from its long-term existing investor base, comprising pension plans, sovereign wealth funds, insurance companies, endowments, fund of funds, gatekeepers, and family offices, as well as new investors that further diversified AIP's investor base by size, type, and geography. This strategic investment underscores AIP's commitment to enhancing the value of its portfolio companies and driving growth across various industrial sectors.