St. Louis-based Victor is a global manufacturer of cutting, gas control and specialty welding solutions. IPC has owned Victor since 2010 when it took the company (then known as Thermadyne Holdings) private in a transaction that valued the company at about $417 million. During its holding period, Victor expanded its global manufacturing footprint, consolidated its brand portfolio and accelerated new product development, among other initiatives. Its sale to Colfax is said to generate a more than 3x return and an IRR above 50% for IPC.
Industrial Supplies and Parts
St. Louis, MO