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TGP Investments adds another manufacturing company to its portfolio

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Kansas City-based private equity fund TGP Investments II LLC added a manufacturing operation called Air Power Systems Co. LLC to its TGP Capital Partners II portfolio. Air Power Systems, known as Apsco, is based in Tulsa. It manufactures and sells pneumatic and hydraulic valves, cylinders, actuators and control systems for heavy-duty truck equipment. The products are used for construction, oil and gas, waste and recycling, fluid power, utility and snow removal. “Apsco has done a tremendous job…

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