TITLE

KRG Acquires Oilfield Equipment Maker

AUTHOR(S)
Davis, Avram
PUB. DATE
February 2009
SOURCE
Mergers & Acquisitions Report;2/23/2009, Vol. 22 Issue 8, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Federal Flange Ltd. by private equity firm KRG Capital Partners. The deal was completed using capital raised from KRG's 1.96 billion U.S. dollar fund. According to KRG managing director Chuck Hamilton, the firm's unique model will allow it to outperform the energy cycle and take advantage of the need for high quality services multiple end markets. The opinion of Federal's Kevin Lyons on the deal is also presented.
ACCESSION #
44127999

 

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