Genstar Capital sells MW Industries

Genstar Capital, a San Francisco private equity firm, has announced the sale of MW Industries Inc., Rosemont, Ill., to affiliates of American Securities LLC.

MW is a provider of springs; fasteners; and flat-stamped, spring-related products. Since its acquisition by Genstar in 2011, the company has completed 12 strategic add-on acquisitions to position it in markets including aerospace, consumer products, and medical sectors.