LOS ANGELES, November 22, 2019-- Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced that it has partnered with management to acquire Milton Industries, Inc. ("Milton" or the "Company"). Milton is a leading provider of highly-engineered tools and accessories for pneumatic applications across a variety of end markets, including vehicle service, industrial MRO, aerospace and defense, and agriculture. The Company has over 1,600 SKUs with products including couplers, gauges, chucks, blow guns, filters, regulators, and lubricators. Milton was founded in 1943 and is based in Chicago, Illinois.