Announced
Completed
Financials
Tags
Private Equity
Completed
construction equipment
Domestic
United Kingdom
Private
Friendly
Single Bidder
Machinery: Construction
Majority
Acquisition
Synopsis
Inflexion Private Equity Partners completed the acquisition of Astrak Group, an European specialist distributor of parts for construction equipment. Financial terms were not disclosed. "It is a privilege to have been chosen as the first private equity partner for this rapidly expanding business, which benefits from a strong product offering and loyal international customer base. We look forward to working with the Astrak team to further grow this strong business’s offering and geographic footprint," Simon Turner, Inflexion Managing Partner.
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