Announced
Synopsis
Regent, a private equity firm, agreed to acquire the thermal acoustical solutions business of Clearlake Capital-backed Alkegen, an industrial machines manufacturer. Financial terms were not disclosed. “This divestiture allows us to focus all of Alkegen’s resources on our primary goal: advancing our unique platform of specialty materials that meaningfully help the world breathe easier, live greener and go further than ever before. We’re excited for the future and the new opportunities this creates for both Alkegen and the TAS business as it moves forward with Regent," John Dandolph, Alkegen President and CEO.
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