Schiff Hardin Aids PE Firm IOP In Buy Of Metal Caster

Law360, New York (August 29, 2012, 5:42 PM EDT) -- Illinois middle-market private equity fund firm Industrial Opportunity Partners LLC has purchased Wisconsin-based metal casting market leader Aarrowcast Inc., IOP said Wednesday. 

The private equity firm made the investment through its second fund, Industrial Opportunity Partners II LP, it said. The deal is the first platform investment for the $275 million fund, which closed in April.

“We are very excited to acquire Aarrowcast, a market leader with unique manufacturing capabilities and a solid history of providing complex products to a long list of market-leading customers," IOP...
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