Announced
Completed
Financials
Tags
Acquisition
Friendly
Private Equity
Completed
Oil Refining and Marketing
petroleum products
United States
Majority
Single Bidder
Domestic
Private
Synopsis
American Industrial Partners, a private equity firm, completed the acquisition of RelaDyne, a distributor of packaged and bulk oils, lubricants, fuels, diesel exhaust fluid and reliability services, from Audax Private Equity, a private equity firm. Financial terms were not disclosed. "We are extremely excited to partner with CEO, Larry Stoddard, and the entire RelaDyne team. The Company has experienced remarkable growth since its formation in 2010, and together we will work to execute on our operating agenda and support future M&A," Joel Rotroff, AIP Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.