Olympus Partners acquired Tank Holdings Corp from Leonard Green.

Olympus Partners bought back Tank Holdings Corp, North America’s largest rotational molder, from private equity firm Leonard Green. Olympus originally formed Tank with the management team in 2008 by merging Norwesco and Snyder Industries, creating the leading manufacturer and marketer of rotationally molded polyethylene tanks and containers, and sold it in 2012. Financial terms were not disclosed. “The Tank management team has built a remarkable business with impressive and consistent performance across all of their products and customers. We are thrilled to have the opportunity to partner with the Company again,” said Manu Bettegowda, a Partner at Olympus.