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CapitalWorks Invests in Electromechanical Research Laboratories, Inc.

Cleveland private equity firm CapitalWorks has completed a majority investment in Electromechanical Research Laboratories, Inc., of New Albany, Indiana, (ERL) and subsidiary Law Valve of Texas in partnership with President and CEO, Stephen Wilkins and the ERL management team. Founded in 1970, ERL Commercial Marine is the leading provider of pumping, gauging, venting, environmental and …

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CapitalWorks Exits Chemtron

Cleveland private equity firm CapitalWorks, LLC announced the sale of Chemtron, a leading hazardous and non-hazardous waste management provider in the Midwest to Kinderhook Industries, LLC.  Terms of the deal were not disclosed. CapitalWorks acquired Chemtron in 2015 from the Guenther Family and partnered with them to further expand the Company’s capabilities and geographic reach. …

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