American Industrial Partners is a private equity firm specializing in investments in turnarounds, leveraged buyouts, management buyouts, corporate divestitures, PIPES, structured preferred equity investments, recapitalizations, equity bridging transactions, strategic add-on acquisitions, going-private transactions, debt with warrants, carve-outs, international expansion, refinancings, project management and finance, public equity, and Canadian income trust offerings in middle-market and mature companies. The firm primarily invests in industrial services and manufacturing companies that are primarily engaged in selling to other businesses and have business-to-business selling relationships.