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Announced

KKR-backed Boasso Global to acquire Quala from Advent International.

Synopsis

KKR-backed Boasso Global, a provider of depot and transportation services, agreed to acquire Quala, a liquid bulk container cleaning and maintenance services provider, from Advent International, a global private equity investor. Financial terms were not disclosed. “We are focused on meeting the needs of our global customers and the combination of Boasso and Quala makes perfect strategic sense. This transaction will enhance our ability to deliver safe, compliant and best-in-class services to our ISO tank container customers and meaningfully expand our access to more locations across North America to better serve their needs. This is a rare opportunity to put together two Tampa-based, complementary businesses and I am excited to work with Scott and his talented team to unite the best of our organizations with a focus on enhanced efficiency and growing our range of premium solutions for the liquid bulk logistics industry,” Joe Troy, Boasso CEO.

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